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Dragon's Den

Move over The Big Idea and The Apprentice...

Nick's dad, Ron, just recommended this fabulous venture show, called Dragon's Den on Fox. Of course, it takes place in the U.K. and everything is in pounds. But it's interesting to see what products make it, and how people pitch their ideas. One American sits on the panel, and seems to be the techie.

Like this show that most other business shows because you can get an idea of how and if an idea is creative or not based on if the vc's put there money where there mouth is. Also, you can learn some business strategies, such as using figures when you pitch (e.g. Peter gave one of the examples). So far, from the two episodes that I've watched, I noticed that NYU Stern's lectures are right on target, especially professor Glen Okun's suggestions on what pages are most important in a business plan. Most of these vc's really invest in passionate people (vc's taking the role of mentors) or the innovative product (making sure the logic is there). Ron also told us this advice, but it's more prevalent in the actions in this show.

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