I had the pleasure of joining Dragons’ Den this morning and what a magnificent experience it was. Dragons’ Den is a popular television show with a team of business minded professionals called “Dragons”, who offer commitment and cash investments to opportunities they believe will be a success. Budding entrepreneurs present their product ideas and marketing plans to the dragons in the hope for investment into their plan.
The team of Dragons at the TX Dragons’ Den today included;
- Mr Ian who has made millions by investing in young investors and helping them launch their own businesses. On the day, Mr Ian was willing to offer advice to any budding entrepreneur, at a fee of just one hundred pounds for a 10 minute consultation.
- Ms Heather, also known as the Green Queen, launched a merciless business campaign called ‘buy a water bottle from me or I will recycle all your belongings’. She has used her impressive profits to fund an eco-warrior training camp.
- Mr James, a very special dragon visiting TX, who is a real life entrepreneur with his very own football academy in South Korea, also joined the Dragons. James has invested lots of time and money into his businesses around the world and has been very successful.
All Year 6 children were tasked with presenting their pitch to the Dragons in the hope for success in finding a business partnership. They had to present their innovative fairground ride using persuasive language and including the profitability of the product. In some cases the pitch even went as far as to consider the impact of inflation on profit over time. The Dragons scored each team on the following;
- The quality of art work and fairground model
- Persuasion, including profitability
- Originality of the fairground ride
- Appropriateness and attraction to customer
- Overall impression
The Year 6 children had approximately 15 hours of learning time focused on designing, building, marketing and finally, composing their pitch to persuade the Dragons to invest in their product. Children worked in teams, collaborating well throughout. A special mention goes to Phu Quoc who presented his team’s fairground ride on his own due to his partner being absent from school on the day.
The Dragons had an extremely difficult challenge ahead once they had heard all about each fairground ride. The calculated the scores and discusses any discrepancies in thoughts and opinions.
The overall winners of the 2015 Dragons Den are;
First Place - Susu and Kelly with the fairground ride "Triffle" from Triangle.
Second Place - JB, Theresa and Sue with the fairground ride "Reach for the Stars"
Third Place - Moksh and Thi with the fairground ride "The Danger Zone"
Congratulations to all of the Year 6 children for their hard work, dedication and excellent application of knowledge, skills and understanding. Special congratulations go to this year’s winners!