tag:blogger.com,1999:blog-10547970.post116426842000058221..comments2024-03-13T01:04:34.580-04:00Comments on <b>Canadian Entrepreneur</b>: Hot Times in the Dragons' Den (a long post, but worth it)Rick Spencehttp://www.blogger.com/profile/09147840937518662183noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-10547970.post-1164396833039696712006-11-24T14:33:00.000-05:002006-11-24T14:33:00.000-05:00Generally I am quite dissappointed with this show ...Generally I am quite dissappointed with this show it doesn't get at any of the real issues that erupt when attempting to get a business going. When I saw this episode I thought the Dragons got a real steal. While I would not say that the youngsters got a raw deal, I do believe the dragons seriously discounted their potential. However, they are quite young and I thought they should have stuck with the deal. At their age they would have had plenty of time to recover (if they needed to recover from any diasaterous decisions)and go out and do something else truly exciting with the experience they would have gained.- EvAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10547970.post-1164294756044383492006-11-23T10:12:00.000-05:002006-11-23T10:12:00.000-05:00Great post Rick. I especially agree with your thou...Great post Rick. <BR/><BR/>I especially agree with your thoughts on...<BR/><BR/>"If they still believe that, the size of the initial investment is almost irrelevant:"<BR/><BR/>At the end of the day these guys had the opportunity to have two retail giants with a vested interest in their organization - that alone is worth a bit of a premium. <BR/><BR/>Their concerns about time etc. are somewhat valid but at the end of the day a guy like Jim could pick up a phone and make more progress in five minutes with his relationships then four entrepreneurs might be able to make in months (if at all).<BR/><BR/>At the end of the day no one can say whether or not this is for the best - at least they got a heck of a lot of "free" coverage out of it. But now they're $200K + "huge" legal bills are behind the curve. <BR/><BR/>- RyanRyanhttps://www.blogger.com/profile/01506960035825054240noreply@blogger.comtag:blogger.com,1999:blog-10547970.post-1164292908506361752006-11-23T09:41:00.000-05:002006-11-23T09:41:00.000-05:00Rick's reply to Rob Hyndman: Hi, Rob. Thanks for y...Rick's reply to Rob Hyndman: <BR/>Hi, Rob. Thanks for your note.<BR/> <BR/>I really didn't mean to imply that the lawyers shouldn't be paid. I meant that they HAD to be paid. Which was my way of reminding people that there is a real cost to dithering. <BR/> <BR/>Please bear in mind that it was the Joblofters who brought up their legal bill. The adjective "huge" was theirs as well, not mine.Rick Spencehttps://www.blogger.com/profile/09147840937518662183noreply@blogger.comtag:blogger.com,1999:blog-10547970.post-1164283769450275202006-11-23T07:09:00.000-05:002006-11-23T07:09:00.000-05:00On your #2, just curious as to why you (seem to, b...On your #2, just curious as to why you (seem to, by singling it out) think the lawyer in a case like this shouldn't get paid. Any service provider who spent their time to provide a service (and who was not getting paid on a contingency basis) presumably ought to. One wouldn't expect a painter to rip up a bill because one changed one's mind about colour and wanted a new coat.Anonymousnoreply@blogger.com