"You're Going To Be Successful, But Not With This Business" | Dragons' Den

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  • @Uvray
    @Uvray 2 роки тому +104

    Sarah "struggling to know what a customer wants to do with it."
    Eat it, Sarah. The customers will be buying it to eat it.

  • @ramalama9650
    @ramalama9650 2 роки тому +103

    Almost four quid for a tub of perishable beans?
    Yeah, this is going to be a real success. I don't think so.

    • @MrTibbs12
      @MrTibbs12 2 роки тому +10

      It isn’t a bad product but the price point was ridiculous

    • @jinx8624
      @jinx8624 2 роки тому +13

      Exactly what i was thinking almost 4x the price for a product that is higher quality and fresh but at the end of the day they are still only beans

    • @bob2000and10
      @bob2000and10 2 роки тому +10

      It went bust a year later in 2017

    • @iranicus3393
      @iranicus3393 2 роки тому

      Funny thing is it's very close to the price of a coffee today the way coffee shops are going o.o

    • @HIOP0
      @HIOP0 2 роки тому

      @@jinx8624 A FERRARI IS ONLY A CAR, A DIAMOND IS ONLY CARBON, PELE ONLY KICKED A LEATHER SPHERE AROUND...GEDDIT? YOU JINXed YOUR OWN POST/LIFE. EASY TO BE WISE ABOUT THAT SITUATION...AFTER...WELL AFTER THE RESULT.

  • @carolin2544
    @carolin2544 2 роки тому +74

    3:29 that ridiculous sales projection made Peter sit up so straight that he‘s out of frame 😂

    • @moemahmud
      @moemahmud 2 роки тому +1

      LMAO 😂

    • @fsu3941
      @fsu3941 2 роки тому +6

      honestly 25k in almost 1 year with such a popular product but predicting 10 mil

    • @scienceevolves4417
      @scienceevolves4417 2 роки тому +4

      @@fsu3941 next year will be 100M

  • @scottpoerschke8807
    @scottpoerschke8807 2 роки тому +43

    I agree with comments. This was a strange deal. Peter Jones saying that this business is going to fail, and then making an offer.

    • @b-dogs1038
      @b-dogs1038 2 роки тому +3

      PJ: ‘this will not be a success’
      ..next breath..
      PJ: ‘I’m willing to make you an offer’
      😂

    • @jessebella9322
      @jessebella9322 2 роки тому +7

      Do you not listen? He explained very clearly why he was investing and yes, he doesnt think itle be because of this product, he invested purely in the guy and what that guy will bring in the future because he believes he will become very successful, just not with this product, but he invested in the guy for a shot at this but more so for the future and other products

    • @JakeLYT
      @JakeLYT Рік тому

      @@jessebella9322 then the guy stiffed him over 5% 😂 Missed opportunity.

  • @craigdelahaye7827
    @craigdelahaye7827 2 роки тому +20

    £3.95? Ouch! I'm not sure the chilled route is correct for this product, it needs to be ambient, in a tin, with a very long best before date, and MUCH cheaper.

    • @jakecooper5855
      @jakecooper5855 2 роки тому +11

      So it needs to be a tin of Heinz?

    • @peterreber7671
      @peterreber7671 2 роки тому +2

      I agree but then it wouldn't be fresh.

    • @craigdelahaye7827
      @craigdelahaye7827 2 роки тому

      @@jakecooper5855 No, it needs to be a tin of Masons....

    • @jakecooper5855
      @jakecooper5855 2 роки тому +1

      @@craigdelahaye7827 Leaving him with no point of difference at all, and no way to compete. Not that it worked out regardless

  • @nickpellatt
    @nickpellatt 2 роки тому +141

    Googled him, this is on his website unfortunately: UPDATE: Masons Beans stopped trading in May 2016. Despite incredible hype and strong customer demand, we weren’t able to secure the mainstream supermarket listings which are imperative for a fresh product. Thank you so much to everyone that supported us.

    • @kobusvanstaden3747
      @kobusvanstaden3747 2 роки тому +25

      Really sad. I was really rooting for him

    • @pwnagenuss
      @pwnagenuss 2 роки тому +9

      Im calling conspiracy. The big beans guy has great relations with the too supermarkets and they used their influence not to shelve masons beans

    • @MrTibbs12
      @MrTibbs12 2 роки тому +8

      @@kobusvanstaden3747 me too but he was simply too expensive imo

    • @scienceevolves4417
      @scienceevolves4417 2 роки тому +11

      Somehow can't believe Nick would have failed to secure listings. Or did the deal not go through?
      Also if demand were massive, you betcha every shop would have wanted to stock it.
      Sounds like coming up with bs excuses.

    • @pwnagenuss
      @pwnagenuss 2 роки тому +2

      @@scienceevolves4417 probs didnt taste good. Im surprised the dragons didnt ask for a cooked sample.

  • @dan_UK
    @dan_UK 2 роки тому +13

    The reason his business failed was his price was too low. No way would I ever buy beans at less than £5 a tin.

  • @mharbinson8952
    @mharbinson8952 2 роки тому +57

    I don't often get it right but I remember seeing this pitch and not understanding why dragons were intrigued by it. It seemed like a very premium and niche product; I don't know how it could have been anything else.

    • @jamesoreilly1
      @jamesoreilly1 2 роки тому +12

      Must have been some really good beans.

    • @nuck-
      @nuck- 2 роки тому +3

      When peter shows interest first, most others do. After seeing every single episode thus far - this is the pattern. The richest man says its good first? they all follow.

  • @sunveerhariparsad6395
    @sunveerhariparsad6395 2 роки тому +41

    After this business did not work out for him, Jos Butler then focused fully on cricket and became one of the best white ball cricketers of all time.

  • @HK_Musician
    @HK_Musician 2 роки тому +11

    Touker is like Frank Reynolds
    "I've got a bean guy"

  • @jinx8624
    @jinx8624 2 роки тому +7

    Seemed great just one glaring issue almost 4x the price for a product that is higher quality and fresh but at the end of the day they are still only beans

  • @shahrulmasud6021
    @shahrulmasud6021 2 роки тому +4

    I'm sure the product is good but almost £4 I don't think. With tin beans you can add ur own ingredients to make it something nicer

  • @ellekay4758
    @ellekay4758 2 роки тому +16

    “OUT-going Sarah Willingham” - ha! Good one

  • @jarednil69
    @jarednil69 2 роки тому +15

    Lol Sarah is completely cut out of the rest of the segment! Almost forgot she was there!😂

  • @ndavis3967
    @ndavis3967 2 роки тому +4

    £3.95 a tin of beans 50p no way would I spend nearly £4.00 for a small tub of beans.

  • @x_dolly666_x
    @x_dolly666_x 2 роки тому +9

    THE REGGAE REGGAE SWORD 🤣

  • @lotsofspots
    @lotsofspots 2 роки тому +18

    On their website: "UPDATE: Masons Beans stopped trading in May 2016. Despite incredible hype and strong customer demand, we weren’t able to secure the mainstream supermarket listings which are imperative for a fresh product. Thank you so much to everyone that supported us."

    • @dan_UK
      @dan_UK 2 роки тому +3

      Thanks to both of our customers...

    • @cmoran9103
      @cmoran9103 Місяць тому

      Has beans

  • @jasonm4332
    @jasonm4332 2 роки тому +24

    brilliant final commentary by Nick to Deborah and Peter

    • @DealerD8vE
      @DealerD8vE 2 роки тому +3

      Except that the company folded shortly after he invested in it.

    • @TheNails3
      @TheNails3 Рік тому +1

      @@DealerD8vE Apparently the investment deal never went through

  • @irritatedmushroom2
    @irritatedmushroom2 2 роки тому +22

    Beans come in a tin, they are cheap, have an amazing shelf life, taste great and are very nutritious. This product is none of those things. Very strange that the dragons were so interested!

    • @jadilewis455
      @jadilewis455 Рік тому +1

      Agreed and if it “ain’t broke don’t fix it”

    • @tedcrilly46
      @tedcrilly46 11 місяців тому

      Peaches come in a can, they were put there by a man in a factory downtown.
      If I had my way I'd eat peaches every day. Natures candy in my hand, or a can, or a pie.

  • @bluceree7312
    @bluceree7312 2 роки тому +27

    How? How did they determine he is good? The only evidence is his sales which are abysmal. They have chewed up other candidates in the past for such projections but this guy seems to have put a spell on them, especially Debbie.

    • @SamRoads
      @SamRoads 2 роки тому +10

      We only see 10 minutes out of an hour long pitch.

    • @bluceree7312
      @bluceree7312 2 роки тому +1

      @@SamRoads Business flopped. Proof is in the pudding. They were hustled.

    • @jaylondon283
      @jaylondon283 2 роки тому +2

      Debbie🤣

    • @barrytyler
      @barrytyler 2 роки тому +2

      He put something in the beans when they ate them

    • @bluceree7312
      @bluceree7312 2 роки тому +3

      @@jaylondon283 Yep. Did it on purpose. Shes a princess.

  • @76-UVB
    @76-UVB 2 роки тому +20

    Sometimes things do not need to change and are fine just the way they have been since the war.

    • @georgebarnes8163
      @georgebarnes8163 2 роки тому

      Some brands are fine but Heinz is not one of them.

    • @RockyDave
      @RockyDave 2 роки тому +3

      ...The way they've always bean.

  • @eh4372
    @eh4372 2 роки тому +7

    No idea why they all was so excited for that deal. Was just beans and they was all desperate they even was dropping half initial offers. This guy smitten them all because anyone else offering the same wouldn’t of got that response. And proof is in the pudding and never seen this product ever

  • @TheNails3
    @TheNails3 Рік тому +4

    These sound delicious, wish I had got to try them but it seems they're not for sale anymore? Ben Mason's presentation is one of the best I have ever seen on this programme, the way he answered the questions was very impressive.

    • @Gonken88
      @Gonken88 11 місяців тому

      Yeh they failed. All those beans for nothing.

  • @GennySavastone
    @GennySavastone 2 роки тому +3

    This is what I don't get or maybe it's my mentality. I'm not going to spend £3.50 on beans for dinner when I get to add on other items. I could go to McDonald's to be more fulfilled than spending money on this.

  • @MrEdwinDSouza
    @MrEdwinDSouza 2 роки тому +3

    No Dragon picked up on the limited shelf-life of the product....

  • @beckjtjt2522
    @beckjtjt2522 2 роки тому +17

    If they haven’t changed since the war it’s cos they’re amazing. Having said that I would definitely have wanted to try them! Seems a really nice guy hope he found his niche.

    • @pnklady3788
      @pnklady3788 2 роки тому +1

      Apparently it went bust in 2017.

  • @tunasalad448
    @tunasalad448 2 роки тому +2

    Peter's always swinging that reggae reggae sword around

  • @kb8570
    @kb8570 2 роки тому +1

    If you live in London a simple lunch costs about £12 so these beans are a good price.

  • @Cloud__ffvii
    @Cloud__ffvii 2 роки тому +4

    Should have gone to Peter, he would have opened the doors with the supermarkets for him.

  • @darrennorniron
    @darrennorniron 2 роки тому +2

    Far too expensive for beans in a supermarke, not shocked to hear they went bust

  • @NaveedHassan1
    @NaveedHassan1 2 роки тому +4

    This is an older DD. I don't know how old, but I can't see spending 4 quid on a bowl of beans even today.
    This was a little absurd.

  • @kevindunlap5525
    @kevindunlap5525 2 роки тому +1

    Standard beans are never going to TOUCH the store brands, not today. One of the reasons is it's just labeling and not a different product. You have no chance of getting a flavored bean on the shelves. You can't touch Bush's or Glory in the US.

  • @MrMRW14
    @MrMRW14 2 роки тому +6

    I make my own flavoured beans. I used tinned, and then add whatever I want. Chilli, fresh garlic, Worcester sauce. It works great and doesn’t cost 3 quid. More like 50p

  • @FeedMyPets
    @FeedMyPets Рік тому

    what’s with the opening music lol? felt like i was fighting the final boss in Bloodborne or something 😂

  • @MrZeldion
    @MrZeldion 2 роки тому +2

    Sarah - "one of the big boys will come in and bulldoze you into the ground"
    Jenny - Ooooh, In that case i'll make you an offer

  • @jessebella9322
    @jessebella9322 2 роки тому +1

    Its funny when the dragons lose, they say "its over a tiny" 5% or dont lose it just for a tiney weeney 5%. However When somebody asks for 5% more its massive to them, they have even stated in other episodes that they have had blazing business arguments over 1% in deals.

  • @jessicamoise8454
    @jessicamoise8454 Рік тому

    That funny what Nick said about Peter reggae anointed sauce 😂

  • @kevindunlap5525
    @kevindunlap5525 2 роки тому +1

    $4.80 for one serving of beans. And this episode is ancient. Bush's classic: $2/16 oz. tin on Amazon
    Glory seasoned: $3-6 on Amazon and I know I can get them for $1.99 at the grocery. Today's prices.

  • @rrankcow9590
    @rrankcow9590 2 роки тому +3

    To be honest no matter how good your beans are you were never gona be able to compete with Heinz its engrained into our culture!

  • @scienceevolves4417
    @scienceevolves4417 2 роки тому +3

    Ah yesssss!
    Another battle between: the unusually critical Peter Jones, the unusually generous Nick Jenkins, the unusually spacious Touker Suleiman, the unusually Waitrosey Sarah Willingham and, of course, the unusually flatulent Deborah Meaden...
    😋😹😁

  • @Squish-TheUrbanScribe
    @Squish-TheUrbanScribe 2 роки тому +2

    It's beans though....who even thinks of going to buy beans in a tub instead of the usual can?....I'm not understanding the logic, I'm with Sarah.

  • @wasteoftime2187
    @wasteoftime2187 2 роки тому

    What day is the new season out ?

  • @sadikmeah4057
    @sadikmeah4057 Рік тому +1

    Nick: don't underestimate what I'm going to throw at this...
    Later...
    Company goes bankrupt
    🤣😂🤣🖕

  • @cjm8160
    @cjm8160 2 роки тому +3

    Never underestimate the Reggae Reggae Sword

  • @prizma45
    @prizma45 2 роки тому +1

    Deborah always says when you say something "you didn't mean" you had some meaning... she had to take back a lot of what she said so many times 🤫🤫
    she didn't want Touker to get an investment mb 😆

  • @ianoian1
    @ianoian1 2 роки тому +1

    So Ben's bean there, done that, and mashed the dragons! 😁!

  • @kaj661
    @kaj661 2 роки тому +1

    I'm glad he went with Nick

  • @Cloud-df3hy
    @Cloud-df3hy 2 роки тому +1

    not competeing with big name brands but they see you at £3.95 and DO want beans with their dinner then go, Heinz in 45P ill walk along 3 ailses.... muppet.

  • @jamnoise72
    @jamnoise72 Рік тому

    Great negotiation!! WOW

  • @ibrahimalotaibi2399
    @ibrahimalotaibi2399 2 роки тому +1

    Love Sarah, but why I have never seen her getting involved in any project?

  • @willowwren7752
    @willowwren7752 2 роки тому +2

    🎉 was just happy Peter and Debra didn’t wipe it out together

  • @stevemitchgunn5107
    @stevemitchgunn5107 2 роки тому +1

    I'm starting to think how many people go to weight rose or whatever the over priced places are called tbh Adli and Asda even if I was rich I would still go to them stores. Why pay more for the same product when I can get my normal stuff I like for lower price.

  • @hebermartin842
    @hebermartin842 2 роки тому

    Well done, Nick.

  • @yaboiavery5986
    @yaboiavery5986 2 роки тому

    New editor huh?

  • @TheTwsa
    @TheTwsa Рік тому

    Gotta love Nick .

  • @emc59789
    @emc59789 Рік тому

    Deal never went thru but doesn’t really matter who he went with tbh

  • @WiseEyes313
    @WiseEyes313 2 роки тому +2

    Sarah literally never invests. Jenny 2.0

  • @rubymorgan9942
    @rubymorgan9942 11 місяців тому

    Groceries are so high 2024 no way I'm trying new products, I can't afford to loose food dollars if noone likes it.

  • @peterd788
    @peterd788 2 роки тому +3

    Lidl do a tin of beans for 22p.

    • @Farquad76.547
      @Farquad76.547 2 роки тому

      Yea Pete have you tasted them? They are w@nk!

  • @RockyDave
    @RockyDave 2 роки тому +2

    Apparently stopped trading a few years ago... A has-bean.

  • @91vanced14
    @91vanced14 2 роки тому +2

    I wouldn't pay that for magic beans

  • @__rmk__9360
    @__rmk__9360 2 роки тому

    what is "reggae reggae sword"?

  • @dan_UK
    @dan_UK 2 роки тому +1

    My sales projection is based on a dream i had

  • @AdamBechtol
    @AdamBechtol 2 роки тому +1

    Nice job Nick :)

  • @ajbkaraoke1
    @ajbkaraoke1 2 роки тому +3

    I just can do this. Anyone who turns up with top button up without a tie,is to me trying to be clevrr, or obviously thick

    • @kevindunlap5525
      @kevindunlap5525 2 роки тому

      Understated. Thank you for this. People don't much care about anything anymore. Just give me money.

  • @mycroftsanchez901
    @mycroftsanchez901 2 роки тому

    Sarah was right on this one.

  • @stunnerofagunner
    @stunnerofagunner 2 роки тому

    This beans idea is a flash in the pan for me *i'm out*

  • @kevintwine2315
    @kevintwine2315 2 роки тому +2

    Never made it, no surprises there.

  • @Firedancer100
    @Firedancer100 2 роки тому +1

    Ethereum 💰

  • @khaderabdi5574
    @khaderabdi5574 2 роки тому

    On my way and I decided my favourite player 😂

  • @XBox360Quest
    @XBox360Quest 2 роки тому

    I can see they don't like Nick Jenkins

  • @CKD3332
    @CKD3332 2 роки тому

    You do not give 40% away for £50,000. Toucker is always too greedy. Deborahs negotiations were just absurd. Nick made the most acceptable offer.

  • @rubymorgan9942
    @rubymorgan9942 11 місяців тому

    F00d prices are so high now 2024 we have to buy cheaper to feed a family

  • @thechanneloffun3760
    @thechanneloffun3760 Рік тому

    There is only one beans I buy

  • @ACE-700
    @ACE-700 2 роки тому +2

    Another day and another dreamer. Wake up and get a day job like the rest of us.

  • @jamesstead2256
    @jamesstead2256 2 роки тому

    Dried beans are not Fresh

  • @TYNEPUNK
    @TYNEPUNK 2 роки тому

    am I tripping, its beans they didnt even taste

  • @nt7863
    @nt7863 2 роки тому

    He looks like lieutenant Dan

  • @richardlewis349
    @richardlewis349 2 роки тому +1

    You love it so much but yet you want nearly half of his business lol

  • @raalaa121
    @raalaa121 2 роки тому

    Dis iz loodakriss ... Am oout ... Man I miss Duncan.

  • @RichardGilbey
    @RichardGilbey 2 місяці тому

    Pete couldhave flogged them to Devon

  • @spoonerstreet32
    @spoonerstreet32 2 роки тому +5

    Time to find out which dragon has been unusually quiet today

  • @richardlewis349
    @richardlewis349 2 роки тому

    I swear these people are flying with the faires lol

  • @royfr8136
    @royfr8136 11 місяців тому

    Legumes aren't good for us

  • @maldegaar
    @maldegaar Рік тому

    Why are they all interested? He's got nothing. No offense...

  • @rachmadsuhartono
    @rachmadsuhartono 2 роки тому +1

    Keep sarah coming

  • @paulstannard7985
    @paulstannard7985 2 роки тому +1

    Heinz beans are the best. No argument. The canned beans here in the USA are a pale imitation.

  • @charlisays
    @charlisays 2 роки тому +1

    I'd buy this, I'm surprised it didn't take off.

  • @dan_UK
    @dan_UK 2 роки тому

    Not sure Sarah could afford to buy a tin, never mind the cost of investment

  • @terrytibbs951
    @terrytibbs951 Рік тому

    3.95 🤡🤡🤣🤣

  • @ryanmcsmith8106
    @ryanmcsmith8106 2 роки тому +3

    1st baby

    • @BenjaminGoose
      @BenjaminGoose 2 роки тому +3

      Do you sit there hitting refresh every second so you can post this? Sad.

    • @neilpa
      @neilpa 2 роки тому

      @BenjaminGoose do you always feel the need to reply, thinking that you are being clever? YOU are the sad one....

    • @rickyb725
      @rickyb725 2 роки тому

      Well done Ryan

    • @duffman18
      @duffman18 2 роки тому

      @@BenjaminGoose give him a break, he's mentally disabled, he's doing his best

    • @animefan7424
      @animefan7424 2 роки тому

      @@BenjaminGoose yes, just like how you recycle old comments

  • @richardanthonygilbey
    @richardanthonygilbey 2 роки тому +1

    FairPlay to nick

    • @BenjaminGoose
      @BenjaminGoose 2 роки тому

      What is FairPlay? Is it a new gaming platform?

  • @neilpa
    @neilpa 2 роки тому

    Looks like Barbara's out....

  • @TheMafio88
    @TheMafio88 2 роки тому +1

    3.95!? Come on man - Joe Biden.