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"You're DESPERATE for Success!" | Dragons' Den
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- Опубліковано 14 сер 2024
- Akeem Ojuko showcases his flavoured peanut butter brand, 'The Wild Peanut', seeking a £50k investment in return for a 20% equity stake. Though Mr. Ojuko received high praise for his drive and passion, Akeem was quizzed by The Dragons on his numbers and his silence says it all...
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen #Desperate #KnowYourNumbers
They should've given the guy some credit for honesty and listening unlike many others
They did. But the world is full of honest poor people
Yes you could say that.
Fritz Studios not really because if you lie in business and finance you get caught and end up in jail 😂
@@JJR_77 lollolol Thats what is gonna happen to the rich frauds!!! Get replaced with the poor truths
Just cause hes black?
That was emotionally difficult for him, but their words spoke of his potential, and potential is gold unwashed.
Rubbish. Money talks and bullshit gets the bus
Greeting card cliche espouser detected
You could say that
@Thomas Clarkson ah SHADDAP
i like him , he sounds intelligent and focused i think he will be a success 😊😊
This is one of the rare episodes where Dragons didn't make an offer but genuinely felt bad about it.
Yea I guess you could say that ...
@ stfu
@@mr.t.1237 yeah, i guess you could say that.
Er..yeah...er..you could say that...I completely agree with you...okay...okay
@@mr.t.1237 you wanna say that again?
Peter: "Can I say "that"?
Akeem: " Yeah I guess you could say that ."
lmfao! i hollered real loud
this is meme worthy material! 🤣
😂
@@DlcEnergy lol fkn "material", what has this world come to?!
Jack Robinson i have no idea
what you're talking about
ua-cam.com/video/GPXkjtpGCFI/v-deo.html
`I was an online re-seller.` Translation- He had an eBay account.
I guess you could say that
Haha 😄😄😄
Nothing wrong with that
@GRE (Nodding) `That`s a really good question ..`
LOL
Peter: " Do you want us to invest or not?! "
Akeem: " Yeah I guess you could say that. "
Nigerian scammer.
This must be the first time she's ever seen natural peanut butter. You're meant to mix it 🤦
That should come as a given.
Yeah totally it was not mixed to the right consistency
Lol yes.
i guess you could say that
‘This is us’
I wish this man the most success in life you can see he’s really trying
P0
you could say that..
Dragons: " Akeem , the nutty flavour has us concerned you're dipping your own nuts into the product."
Akeem: " Yeah I guess you could say that."
He's only got one nut.....
Mark Perryman Yeah I guess you could say that
@@markperryman1797 It ain't the quantity, Markie, it's the quality...
hahahahahha
Omg lmao
You know you've got an interesting Entrepreneur on the show when the comments aren't about Jenny anymore.
madeofukf you could say that
Exactly, tho instead of the cliched, boring, repetitive unimaginative Jenny "'I'm out" comments, it's a bunch of boring, repetitive "you could say that" comments.
Mattattack 501 err you could say that
It might be because Jenny is out of this episode
And for that reason, I'm out.
I love how honest he is, he’s very investable
He doesn't even know his numbers, which unfortunately means he isn't investable.
Do you know how many corpses are in his basement?
Kiran Roberts
Don’t buy too much into the “not knowing your numbers” schtick. Dragons Den has a retarded rule where entrepreneurs aren’t allowed to bring a copy of their numbers in so they can have embarrassing moments like this for TV. In a real pitch people would bring in their balance sheets to make sure they are 100% correct in everything they’re saying. This is just TV.
@@Strictly45Sound at least 12?
@@ubermensch4304 Yeah but to not even know what's in a balance sheet? What assets and liabilities are? Those are pretty fundamental things to understanding how any business is doing.
It’s good he doesn’t use stabilisers! That’s how it should be.
i think the real solution is to use better stabilizers than palm oil, something like cream of tartar or corn starch
@bitterman co except if a stir could solve anything in this particular case Deborah wouldn't be able to pour out the entire jar.
Don't call people ignorant if you can't even listen.
@@Fif0l A couple classes of Chemistry would let you know that's not always how it works, mate!
@@BroArmyCommander Do enlighten me.
I'll say I didn't know that because he didn't know that, as after Deborah poured out the entire jar he was speechless.
@bitterman co To be fair, that is in Australia; not a concept that was commonly used in Britain - and still isn't in comparison to standard PB. It's not far-fetched that she'd be disconcerted by the fact that the product - typically known to be a very thick substance in *almost all* other cases of commercial products - is running thinner than honey throughout.
Putting the fact that it's a natural occurrence aside, as an investor, you have to weigh out how the customer base is going to receive your product, and how much scale it has behind it. By all accounts, runny PB is still much more of a niche market in Britain than the standard thicker type, and most people still consider PB to be thick straight from the jar. She was ignorant, true, but her ignorance wasn't baffling by any degree; it was just standard for someone who hadnt been exposed to a particular product before.
He was several years ahead of the market. Everyone has peanut butter of that consistency now. Hope he’s doing well like the rest of the Dragons wished him
We wuz kangz
So true.
@@peterparkr obsessed 😂
You can say that.
Dragons: "Hello"
Akeem: "Yeah, you could say that"
Unoriginal comment. I guess you could say that.
i guess i would say that
@@mohammedqadir1913 oh i said it.
@@johnsmith-wx5fb Yeah I guess you could say that
@@FriendlyNeighbourhoodSpidey 121 likes for a copied comment. Wheres the justice in that? I ask you
Akeem: I’m out
Jenny: I guess you could say that
lol'd a lil xD
Jenny: I guess I could say that.
🤦♂️🤣😂
Jenny: I'm out
Akeem: yeah I guess you could say that
Yeah I guessed you would say that*
@@thedunyadoneya2628 Yeah Jenny, I 'knew' you'd say that.
No Jenny .
xD XD XD XD
We need him for the coming to America reboot!
Sheeeeeeeessssss youuuuuurrrr queeeeeennnnn to beeeeeeeeeeeee
Akeem: Yeah I guess you could say that
This Akeem guy is a host on CheekySports, he's on their weekly podcast, Good kid.
Is that the one who had the back and forth with Robbie Savage on 606 a few weeks ago?
@@Jim-so3zm Yes mate
He's also on Coronation Street pitching business ideas.... He's done really well out of the den...
Thanks for the update mate
Follow up: he is now stocked in over 4,100 stores and 8 different countries well done akeem.
Omg. I like the guy so much. I'm so happy he's doing well and hope he gets more and more success 🥲
@@TheB920 Company no longer exists, sadly.
Peter: it's just crushed nuts in a jar really, isn't it.
Yeah you could say that
I guess you could say that
Peter asks for a snapshot of the balance sheet, maaaan that’s accounting not economics...
Exactly
@@KJ-rk1nh its economics too, managerial economics to be precise
The balance sheet is an important part of the business, and that's what he's there for at the end of the day: pitching his business
He did economics, finance and banking. For sure he would have at the very least be familiarized with what a balance sheet is.
Yeah you could say that.
Kelly puts her glasses on.....to TASTE peanut butter
Aww, I genuinely felt bad for him, he seemed like such a nice guy and was just really nervous and a hard time with business side of things. I'm really glad to find out he's doing well with his business now by reading some of comments that makes me smile. That's fantastic.
Same here!!!
I see things have been unfortunate for you, things will change for the better brother. I hope you make it and bless you
aerospaceTUdelft yeah.. I guess you could say that
Thanks
If people had everything covered......they would not need Dragons.
SCD4 Exactly
@Dexy Chan You are welcome....sigh....
Dexy Chan thank you. I hate when these guys talk bs
Yeah you could say that
Then they wouldn't need investment either so they wouldn't be on here. People on here need to prove they're investable or it's just gambling.
*Holds the jar upside down*
"It's just run out of the jar..."
Wow, it's runny, what a tragedy!
Bless him. Very honest and well mannered fella, hope he succeeds in life and I'm sure he will.
Yeah you could say that
I love his honestly. he will have success in life. Honesty. Truth its Everything :)
Yeah I guess you could say that
Lool
Hope So! He telt like a great man
he seems so nice I wish him the best
Deborah, who I like, is being a bit much here pouring out the product the way she does.
The quality of the product you're being asked to invest in is a genuine concern. Peanut Butter isn't supposed to look and behave like baby diarrhea. And no, stirring it would not have helped, It wasn't a separation issue since (as she pointed out) the entire thing ran out and not just the oil.
lol, you either go hard or go home
@@whiteshadow59 sounds naughty
She was hoping it could be used as a lubricant.
SpadeDraco well natural peanut butter behaves and looks exactly like it did on this show. The ingredients that make most peanut butters creamy and thick are super unhealthy. You have a lot to learn of nut butters, grasshopper.
Definitely room for a range of peanut butters on the shelves, and he's a impressive guy to boot. For 50K I'd of given him a punt. The fact he ditched uni to pursue his own passions speaks volumes.
He failed uni
Wake up
No special brand
It’s just peanut butter
He doesn’t have clue about economics and doesn’t seem particularly great at this either so how is he “impressive” ?
It was a benign comment - lol, it ain't that deep.
@@LondonSambaDancerBellydancer Yeah, you could say that
Come to the Netherlands we have like 400 different types of peanut butter in each grocery
They broke this kid apart. Hope he succeeds
_Yeah I guess you could say that._
Snatched his soul
What? They helped him.
Just googled it: the company is doing fantastic, making millions every year!
This clip is from 3 months ago...
gioia221 this is an older episode they just put on this channel 3 months ago. 2014 I’m pretty sure was the initial release date
@@slumbyasmr8908 oke makes sense hahaha
No the company went bust. All value was wiped off the face of earth. He is no longer with any company, his entrepreneur dream was a crack dream. Should've taken the economic course more seriously. He didn't leave, he was forced to drop out.
@@akashp01 Yeah, he lost 80% of his capital in a couple of years, has no deals to show for it, and didn't know any of his numbers that could convince the dragons. I don't think he has the right mind for the business side of his own business. He could be a great face for a brand, or a lead of sales and with a bit of coaching could be the person that pitches this to big retailers.
Other people are now funding him, way to go Akeem!!
These are the guys this show was made for. These are the people that need the investments.
Yeah you could say that
Business seems to be doing alright. Reorganized itself a few years ago. Mr. Ojuko is still leading the company. Seems like he got the success he was "desperate" for
Both peanut companies are dissolved.
I absolutely appreciate the fact that unlike other people, this guy was self-motivated and didn’t start crying like some of them have while being under pressure. A good guy stuck with a mediocre-opportunity product.
It's a pity one of the dragons didn't snap him up as someone to mentor, there's fire within him.
Christopher Mills I agree. That being said many business owners are just not clear enough about the finance and the finance is the bare bones of the business.
He's like a black Alan partridge
@@staytaytaylor5620 Agreed.
@@Strictly45Sound no he's not. Not at all
@@dickslaughter2 prove it then?
I appreciate how frank and truthful you were, Akeem
The Wild Peanut has come leaps and bounds over the past 18 months. Quite simply, 18 months ago I was £1,000 in debt (after I left a previous business to follow my passion to do this), with literally just an idea to create a peanut butter brand and not an idea of how the food industry works to having sold over 10,000 jars, launched in Harvey Nichols and Holland & Barrett nationwide and on final stage terms with two of the major supermarkets.
I also have expanded the team, having taken on six interns, as well as gaining investment with a global food company to help the growth.
That u on dragon den?
m vididi you’re akeem?
@@jdc4316 no.
He couldnt scam the dragons.
He needs to be in some comedy about nerds, he has that vibe, brilliant character.
Yeah a guess you could say that.
For all the piss-taking of Jenny, has Kelly ever invested in anything in the history of this show?
Kelly Space-Hopper made three investments which went through in her two years on the Den. All were profitable.
I swear Kelly just waits for one of the dragons to unearth some information so she can come up with a valid excuse to say she's out.
🤣😂😭😩🤦♂️👍😂 yep !
Otherwise she would've uncovered it first lol
I dont remember looking at balance sheets when I did economics. I looked at budgets and what not but not balance sheets. Economics is a social science at the end of the day
I wanted to say economics won't probably teach you accounting! He's doing finance and banking too though so that would have covered it in the first few weeks
he also said banking
Akeem from Cheeky Sport 👊👊👊👊👊👊👊👊👊👊👊👊👊👊👊
As a CPA accountant, I can confirm that asking for a balance sheet snapshot of the top of anyone’s head is the most ridiculous thing to ask. No one memorizes financial statements , only key numbers.
I respect this guy highly, I hope it works out for him
Good to see a brother in the den
I would like to be in his sisters den! Huh?
What a great guy and pitch. Wish him all the best very likeable . Top Mark's
He’s now in Asda many other shops
I am happy for him. I somehow expected that. He makes a very good impression and seems to be a very likable person.
I like him don't let go of dream.
1:39 how fast this pitch hit rock bottom!
😂😂😂
I guess you could say that
@@mohammedqadir1913 You used this more than the man himself🤦♂️
*Went immediately to the website and ordered a bunch of jars. Looks DELICIOUS! I can't wait til I receive it!*
Id of invested in the company just to work with him, hes going to be a multi millionaire 100% you can just tell with some people, hes got proper potential in business.
God, never seen the Dragons so sad about a situation. Kind of makes it obvious that these episodes are cut down, because for an hour (or how long the pitches and negotiations go), he clearly left a very positive impression on them.
man that has to hurt the way Kelly said specifically his bad finance skills were why she was out. He wanted to major in econ/finance and dropped out - probably still thought he was a good finance person even though it was proven he was far from it.
I've watched so many of these videos now and my wife has left with the kids this morning
Ladies and gentlemen, a new meme has been born.
Akeem: "yeah I guess you could say that".
12:07
If anyone wondering, company dissolved
That guy has soo much potential. Hope he reaches far and wide.
I feel bad for this guy... Hope he pulls through his struggles
So do I. His peanut butter does look good. Kinda reminds me of Almond Butter. Usually if I get a oily peanut butter I stir it up. The dragons obviously have never had good peanut butter before. 🥜
Cheekysport Ak is a legend, dragons missed out tbh!
4:33 “Wild about Akeem’s peanuts”. ; )
The Wild Peanut is doing well now! And Akeem has a popular sports podcast
"WHAT AN AMAZING GOAL WOULDN'T YOU SAY AKEEM?"
"Am I a joke to you?"
He tried to run the peanut company up until January this year.
27th of January he had termination of appointment as director of company
28th of January the company applied to be struck off and dissolved
Failure can teach you things which may never be found in the path of success.
This is definitely an L for him, but from this experience is now in a better position and learned many valuable lessons!
The feedback at the end from Peter, definitely instilled some self-belief and assurance about the path he wishes to take in life!
That chick that didn't listen to him whilst emptying the jar pissed me off so much, just listen to the goddamn man, you asked him the same question 3 times but instead of listening you chose to empty it out.
Calling her a chick 🐥 is kinda annoying too
Damn, I legit thought Akeem was lowkey dumb, because of his football opinions, but he is actually a pretty bright guy.
Akeem: Are you out Jenny?
Jenny: I guess you could say that!
I didnt know, that Urkel ( Family Matters) is in the Peanut Butter business nowadays. :)
How pathetic.
Actually this guy has done very well with his peanut butter business. He sells it into America and it’s stocked in many places, including Protein Works. I believe he’s now a rather wealthy man. Well done Akeem
mr_Slugworth you could say that
Poor guy, I felt sorry for him tripping up over the balance sheets
Mr Paul He probably lied about the economics he took lol
Jenny "I'm out to get peanut butter"
Akeem " you could say that"
This guy reminds me of the roll safe guy 😂
Uygar Ramos Oztas 😍
I went to university for two years doing economics and Finance
Peter: what is your balance sheet
Candidate: I don’t know
9k a year ladies and gentleman
Peter: clough's
Akeem: I guess you could say that
you can tell peter and the other dragons felt bad for him hopefully he learned from this and will continue on
I always caught up on Dragons den. I missed this. Really likeable and strong guy but the figures... Peter seemed to have empathise with him only to crush him further!
.to having sold over 10,000 jars, launched in Harvey Nichols and Holland & Barrett nationwide and on final stage terms with two of the major supermarkets. The Guardian 2005. Well done Akeem 🥰
That passive-aggressively-pouring-out-the-peanut-butter thing is something I'd expect from Peter, not Deborah.
I was shocked to watch this episode. Akeem features in a UA-cam channel podcast called Cheekysport. Talking about football with some other hosts. I was quite shocked to see this video! His business is doing well too!
hahahaha, it available now in over 3500 stores!!! 😂😂😂😂
Bless him. Don't give up on your dreams bro. Keep grafting. It's the people that get four hours sleep a night and don't stop working that make it bro. Keep grinding mate
Whats with that behind the back finger super zoom?
Are they implying he was giving the middle finger?
Kelly " Jenny" Hoppen : "I really like this product and one I could invest in but I'm out "
Akim " I guessed you would say that"
Dragon: and for that reason I'm out.
Akeem: Yeah I guess you could say that.
I dont understand why they were so kind to him? Why didn't they rip him apart for not knowing his balance sheet after doing two years of a Business degree! I would have told him that he should have stayed in school. How can they be so inconsistently kind to some but destroy others..
Be encouraged mate, fail forward, and keep trying. No one ever succeeded without failing first.
Man I really want to try this peanut butter I always dip my stuff in mine and it always breaks whatever I use to dip so this would be perfect not to mention different flavors
Barbara: I'm not even a Dragon and for this reason I'm out.
Yeh that nose of hers was out before she could say it😂😂😂😂
@@SickUrban Lmaooo
0:29 that posture is abysmal
Once again Kelly “no money,” Hoppen is out.
Another one which annoys me
ScottOSaurus piers never invests
Hey guys, just so you know, he didn't use any stabilizers
Nice to see Peters compassion, I thought the peanut guy was going to burst into tears when Peter expressed his concern. Nice to see the hearts of these fire eating dragons occasionally ❤
I think the Dragons missed an opportunity. He would part with 50% for 20k no problem, and this type of product will fly off shelves right now.
The business had no money in the bank. An investor would have to invest a huge amount of money into a saturated market to make any return.
They'd be doing all the work and financing the whole thing
Chace Bonanno Yes...yes they would, but sometimes an idea alone is worth a punt, and for the money he's asking I think it was worth that punt. Perhaps that's why I'm not a Dragon 😂
@@James-oo1yq it's not a new idea though lol
Goncalo Amaral that’s not true is it, he has a product, and ability to make it. Just needs it in a retailer ...
2:41 She's just like entranced by it running out the jar...
Yeah I think it’s exciting her a bit
he's gonna cry in the car
Yeah I guess you could say that
@@mrsurprise2294 lmfao
*bus ride home
Not everyone is like u 😂
Got his chain snatched in the den
Respect to this dood. Not a complete muppet like everyone else. Well he is, but at least he was honest and listened.
Business was Dissolved in 2014, reformed in 2017 and seems to have been sold in 2019.
I think he trained in the wrong field. He's clearly a creative guy and has passion and can speak very well AND did a great job on the branding; but he did business and economics and messed his figures up a bit. Definitely a creative individual just going the wrong way about it slightly.
That tends to happen with creative people. I have the same problems. I hate doing much with money it vexes me. But I like ideas my cousin and I have created some card games that way.
@Lord Rupert No that's tomorrow night, I'll be at the cloning centre with Tom Hanks on friday though brother if you wonna meet up?
Bedlington I’m exactly the same. Literally. I’m currently on the second year of the same course as him at the same uni and wish I’d chosen something more creative
@@jlistergaming7880 I scraped my way through an engineering degree and wish I never went to uni tbh, been working in supermarkets since I graduated.
He can speaks well? I had trouble understanding some of his sentences given how much he fumbles and stutters
Deborah was incredibly rude in this episode!! Omg... I have never seen her like that. How disgusting.
Painters were in I think..