I've found myself watching this TV show called Dragon's Den lately, only because the idea of the show is what peaked my interest. For anyone who don't know what the Dragon's Den is, the contestants are usually product designers or service operators who have what they consider to be a viable and potentially very profitable business idea, but who lack funding and direction. They pitch their idea to five rich entrepreneurial business people, the eponymous "dragons". They have, before the show, named an amount of money that they wish to get, and the rules stipulate that if they do not raise at least this amount from the dragons, they get nothing. In return, the contestant gives the dragons a percentage of the company's stock, which is the chief point of negotiation. Once the contestant has made the presentation, the dragons probe the idea further, often revealing an embarrassing lack of preparation on the part of the contestant, or uncovering troubling facts and consequently rejecting the investment, or revealing a sound business proposition and offering to invest capital in return for equity. Now that you know what the show is about...here is my opinion of it....I like the idea of the show, giving people the chance to get investors for their business, its a great entrepreneurial opportunity. Now most of the 'dragons' are pretty professional, but there is one guy ( which i won't point out) who acts too much like Simon Cowell from American Idol...is this show about marketing new products, helping businesses or are they only on there to be the American Idol of Innovation??? This one guy, is rude, unprofessional at times with his comments...it makes me wonder is he really on this show to help these people or only on there for entertainment and shock value!! Just my opinion!
Today's blog is about Newfoundland Tourism, and the new Marketing campaign i think was absolutely amazing! Take a look at the video, its great to see NL being showcased so beautifully. NL is a great place and the scenery along the island is breath taking, I liked this video makes me feel proud to be a Newfoundlander :)
I have just created this blog as per the requirement for my Marketing class, not sure what its all about, but we'll see how it goes...I guess i should tell a little about myself. I have enrolled in the Business Administration Program back in September, 2010, this program is 2years. I was a little apprehensive to go back to school after being out for almost 14years, but here i am....31yrs old doing a Business Admin Program, am i too old to be back here??? I think not! you are never to old to upgrade your education...am i right???
