Dragon's Den
‘Dad - please can I have 5 pounds ?’ ‘If I were to give you the 5 pounds, what exactly would you spend the money on ?’ ‘I’m going into town to buy Emma a CD for her birthday.’ ‘…but surely 5 pounds won’t be enough.’ ‘Well Mum gave me 15 pounds but I can get the CD for 8 pounds from Tesco’ ‘Oh I see. Now you’ve got me interested. You have already secured seed funding from an angel investor. Net margin close to 100%. What will your turnover be in years 2 and 3 ?’ ...