Dave in the Dragons’ Den
Wednesday, March 31st, 2010For the past few years, the Canadian television show Dragons’ Den has been gaining momentum as popular entertainment for Canadians. If you haven’t seen it, you can see past episodes on the website. It’s fun to watch, even tho half of the entrepreneur pitches can be described as train wrecks whose only business value proposition is to create drama for television viewers.
I have been urged several times to make the moves necessary to pitch the Dragons. This of course means auditioning in person or via video. I didn’t really take the idea that seriously. But with our recent move to launch a high end chaise for the bedroom, it now looks like we’ve got something suitable or even ideal for prime time television.
So… two weeks ago, a friend of mine tipped me off that the producers were going to be in Vancouver and that auditions were open to the public. Of course, at the time, I wasn’t at all ready.
The next few days were a whirlwind. We had to firm up cost estimates for the product, and we had to shore up some prospective wholesale partners (retailers) to back the product. Add to that the work it took to make reasonable sales estimates and the plan for driving to those numbers.
Well, on Mar 27, 2010, I leapt into the audition with a story and images to appeal to the producers.
How’d it go? Well, given we didn’t have a sample chaise to to show them, and given it was just me in front of them, and not a wild-eyed team of acolytes to add sensation to the pitch, I think I did ok. By the end, I was promised the pitch was good, and that our invitation to Toronto to meet the Dragons will rely on results in the prototyping phase over the next week-and-a-half. So I may get the call, likely at the very last minute…
Wish us luck! Either way, we have a really cool and innovative product on deck for release in the next couple of weeks!






