Automobile Entrepreneur Builds A Business After Serious Accident

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Automobile Entrepreneur Builds A Business After Serious Accident | Dragons' Den

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Күн бұрын

Ex-Fireman Andy Bates set up a car manufacturing and servicing business after suffering a serious accident a few years ago. He's seeking an investment of £50,000 in exchange for 10% of his company, AB Performance. Will The Dragons want to accelerate the business?
Season 9, Episode 6
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen #Cars #Motorsport

Пікірлер: 136

@SuperArmus Жыл бұрын

Best pitch I have seen on this show. The guy was super nice, honest and professional.

@b-dogs1038 Жыл бұрын

Yes a down to earth presenter & no frills pitch

@kierandesouza7678 Жыл бұрын

like they all appear to be, you seen his company's net worht? almost - £200.000k haha

@RebinQaderi Жыл бұрын

Agree

@RebinQaderi Жыл бұрын

Well-headed

@LOrealHardly Жыл бұрын

If there was ever an entrepeneur to invest in it's this guy, amazing composure and pitch. confident but humble.

@TheArccore Жыл бұрын

But did you see how MASSIVE Peter is next to him !

@zlatkostevanovic5891 10 ай бұрын

@@TheArccore because peter is 6'7 what do you expect

@967mviews2 Жыл бұрын

Back in the day when entrepreneurs dressed in suits asking for investment to be taken seriously, unlike these days when they rock up in scruffy jeans and t-shirts asking for £1m for 1% equity 🤦🏻‍♂️😅

@JazzyMarineVet Жыл бұрын

Exactly. I wish the Dragons and sharks would tell them to put their best foot forward. Unless the pitch is about beach wear, outdoors or some clothing connected to their product or service, they should give their best professional look. This guy could have worn a race car drivers uniform with gloves and a helmet and that would have been appropriate.

@tattoodrdoke Жыл бұрын

The dragons are interest in profit. If a business is profitable and can demonstrate sustainable growth they will invest. Having a suit doesn't mean your business is doing well. It's a very old fashioned approach to matters. A nice suit and a firm handshake are the bench marks of success 🤔 🤣 😂

@MrZeldion Жыл бұрын

Depends though. Dragons, particularly Debra has complimented people for showing off their style, or personality. She's also stated she loves when someone comes in and shows personality. Which lacks often when things are usually very formal. I think context matters. If your coming in to pitch for a high up beat fun business etc then something to show off the brand or the kind of energy you want is fine also. Some of the best pitches have been done by people who have worn casual clothing

@version736ha2 Жыл бұрын

Spot on

@yeetusfeetus7877 Жыл бұрын

This video is 7 hours old and suits are still a very, VERY common thing.

@wooly1950 Жыл бұрын

Hope it goes well for Andy, such a humble and nice guy

@dangen4 8 ай бұрын

sadly the company got disolved in 2020 with a net los of about 350k

@nikkicole3331 Жыл бұрын

What a genuine nice guy. He is a great example of someone who suffered so much physical and emotional pain who could have just given up and instead has done something phenomenal. You set a great example! Cheers from the U.S.

@kevinprior3549 11 ай бұрын

You can tell he suffered a bad injury.

@raalaa121 Жыл бұрын

So many classic episodes I never watched the first time round, this channel is amazing.

@freedomutopuia 6 ай бұрын

I'm so shocked to see a Den pitch I haven't seen before!!

@thomasagnew8534 Жыл бұрын

Anyone else obsessed with these videos?

@michaelsheridan2564 Жыл бұрын

Yes can't stop watching either lol

@hamza361 Жыл бұрын

Been watching this show religiously since like 2009

@youngma5296 Жыл бұрын

yes

@davidmg1925 Жыл бұрын

yes

@georgev56 Жыл бұрын

There’s a reason they made so many seasons…

@johnhewett9483 Жыл бұрын

what a nice fella i wish him all the succes in his endeavours

@Sam-xq8xh Жыл бұрын

Covid ended them at the end of 2020 unfortunately. Their brand has since been bought

@Mogamishu Жыл бұрын

@@Sam-xq8xh Covid did not end them. The response to Covid and the draconian Covid policies are what ended it.

@KF2NationalKartcrg Жыл бұрын

@@Sam-xq8xh I have had the chance to race in one of Andy's cars for a year and a half and the spirit of him and the business is still alive here in Denmark today. Andy is such a good fella with lots of passion and wisdom in this field - I hope he one day will be back here with more good stories to tell!

@randomchannel5686 Жыл бұрын

I just love Duncan’s smirk at 10:45 😂

@hamza361 Жыл бұрын

The deal did close in the end but eventually Peter decided to step away from the company. AB Performance went out of business last year. It was a very niche market.

@Nick-7432 Жыл бұрын

Thank you 👍

@illuderebeliarh1260 Жыл бұрын

well, the episode is from 2015 so they had a 7 year run. Probably made some money but couldnt deal with Covid.

@hamza361 Жыл бұрын

@@illuderebeliarh1260 definitely not 2015 before that.

@cesilko007 Жыл бұрын

AB performasce for BMW is legend

@vonder7 Жыл бұрын

@@Dontworryaboutit23 2011

@LeoTomass Жыл бұрын

Wow .. well deserved !! Hoping this man is making the fortune he deserves.

@NomadEntrepreneur Жыл бұрын

Talk about turning a negative into a positive! 💪 This automobile entrepreneur took a devastating accident and turned it into a successful business. The Dragons better watch out, this one's got determination!

@atulminocha Жыл бұрын

Best guy after a long time. He is truly honest.

@devicebackup664 Жыл бұрын

Peter Jones is all about presentation, however in the newer episodes, most of the entrepreneurs come dressed casually

@phil8145 Жыл бұрын

How do they keep releasing these old pitches I've never seen! Are they using a time machine to make more?!

@dannytrebilcock9774 Жыл бұрын

I thought the same! Pretty sure I've seen every single episode but every now and then I get surprised.

@Billy_B Жыл бұрын

What a nice guy, hope he does well

@peaty32 Жыл бұрын

Excellent composure, great pitch. May be a niche play though.

@Horizon344 Жыл бұрын

Something went wrong here, the business never got off the ground & it ceased trading after 10 years in 2022.

@TheManInBlueFlames Жыл бұрын

10 years is a long time.

@Horizon344 Жыл бұрын

@@TheManInBlueFlames It was a v. small company in that time doing little business.

@bullit-edd 11 ай бұрын

Got to agree he is nice, well dressed and polite, you dont see many like him

@anubusx Жыл бұрын

I really want one of those.

@Farquad76.547 Жыл бұрын

Bot

@yajurVeda Жыл бұрын

The bloke was top!

@trudoug Жыл бұрын

Now that was worth seeing!

@kevindevilliers3572 Жыл бұрын

Great guy.

@gtmode6947 Жыл бұрын

What a cool guy

@kylepinner5372 Жыл бұрын

This pitch a great, but unfortunately this dragons den episode is so old. Hope the guy is doing well today

@Sam-xq8xh Жыл бұрын

I don't know about the guy but unfortunatly the business went at the end of 2020, following a year of race tracks being closed due to Covid. The brand (AB Performance) has since been bought byMK Sportscars and Kit Car Direct

@ThePrimeMinisterOfTheBlock Жыл бұрын

That Peter sure is tall

@FZA1980 5 ай бұрын

Top guy wish him all the best

@bartbounce7205 Жыл бұрын

Good story, good profit, good valuation & fun product. Can t believe not all the dragons were fighting for this deal. Offcourse Duncan & Peter took a shot.

@RockyDave Жыл бұрын

0:10 Cover comes off the car... I'm in! Anyone know what bike engines he used in the cars? I'm guessing big straight four engines like the Suzuki Hayabusa.

@gideonMorrison Жыл бұрын

Lawnmower ones

@RockyDave Жыл бұрын

@@gideonMorrison Er... no.

@barbaramelone1043 Жыл бұрын

@@gideonMorrison Those are Trabants.

@KF2NationalKartcrg Жыл бұрын

Honda CBR engines mainly

@74aamer Жыл бұрын

Oh I know Peter loves cars

@jessebella9322 Жыл бұрын

Can I have one? OK fine, let me drink just a tiny bit of the fuel? Give me a glass, just a drop, ok give me the steering wheel, ANYTHING, I WILL TAKE ANYTHING Producers: For god sake JENNY, you are not even in this episode... Please just get out and go home!!!!!

@nigelwilliams9307 6 ай бұрын

What a nice guy.

@CKD3332 Жыл бұрын

Duncan made an outrageous offer on purpose, so that the guy would ignore the high percentage Peter asked for in the first place. It didn't even really give him a choice of even bringing Peter down. This was clearly staged for Peter to get the deal.

@cekojuna6930 Жыл бұрын

If any Duncan made the higher offer based on risk assessment. Surprise surprise! He is right! The company failed! Rigged in favour of Peter my butt, he set it up for him to fail. If you paid attention, if the guy actually believed in his business to succeed Duncan’s offer is the best one by far. He chose Peter because it’s just a safer option and he doesn’t need to meet those targets. In other words, Duncan knows his business isn’t sustainable.

@Clipahoy 11 ай бұрын

Rest in peace Hilary

@dreo6769 Жыл бұрын

Wow. The guy was even sweating

@leeporter4199 Жыл бұрын

This man is smoother than melted butter 🏎️🧈

@imanishay Жыл бұрын

Duncans face 🤣🤣🤣🤣

@jamesyboy4626 Жыл бұрын

Duncan was just exposing him, if he knew he would hit his targets Duncan was the better offer. That's why he went with Peter pretty fast and didn't even try and negotiate with him lol. Maybe Peter does have a good idea and he'll make it work who knows. My guess is Duncan saw through it and it will fail.

@CabbageYe Жыл бұрын

It says the company dissolved in 2022

@euroyaya8792 Жыл бұрын

This guy was swarve 👌🏽

@dannyholmes5156 Жыл бұрын

I heard Jenny bought this car so I thought I'd go around there to make sure yet everytime I do visit it's never there She must constantly be out

@mrali5196 Жыл бұрын

Just imagine if she batted for the English cricket team...... She'd be out

@greatergoodfijithegreaterg6272 Жыл бұрын

The business is already netting 100K and Peter buys in at 143K evaluation - Does not seem fair.

@richardjennings7050 Жыл бұрын

They the sharks are cheap bastards

@comicbookdude Жыл бұрын

Did Peter Jones have his hair dyed black?

@HAn-ie2zp Жыл бұрын

Anyone know how it went for this business?

@Chi_Vid1 Жыл бұрын

it went bust 2020

@loopykill Жыл бұрын

50k is pennies to some of these guys, 35% for his whole business lol greedy

@LunchMeatTrump Жыл бұрын

I didn't know that Jason Statham was on dragons den

@olnium Жыл бұрын

This guy sounds like Brian from Brian Farnet 🤣

@cookieassassin12 Жыл бұрын

I feel like we’re in the 2000s 😂

@over50andfantabulous59 Жыл бұрын

Company dissolved September 2022.

@davidlinderman7166 Жыл бұрын

Who shall be unusually quiet today?!

@donjoe2661 Жыл бұрын

Company dissolved in Sept 22

@Barberdon2022 Жыл бұрын

Peters the man and always will be

@kevinprior3549 11 ай бұрын

You can tell Andy had a bad injury. He does look like he is gingerly walking around. Which is understandable.

@alanhill769 Жыл бұрын

If you want to learn the true cost of money, try and borrow some. Especially in a pool filled with hungry sharks, just waiting to consume it's prey.

@Kiwionwing 10 ай бұрын

They joke in car industry How to make a million Start with 10 million

@shedddddddd 5 ай бұрын

Looks like company folded 13/9/22

@willowwren7752 Жыл бұрын

Another very old one 😢

@team3383 Жыл бұрын

Ancient content.

@neilpa Жыл бұрын

Looks like Kelly Hoppen's out....

@neilpa Жыл бұрын

@Michael Terrell looks like you need to go put your tampon back in....

@neilpa Жыл бұрын

@Michael Terrell go put it back in and calm down

@BenjaminGoose Жыл бұрын

which one is kelly hoppen?

@BruceWat Жыл бұрын

It seems AB Performance (owned by Andy Bates) was rather successful, but went bust in 2020 due to covid. The name AB Performance may still be on the market, but it is no longer owned by Andy. From what I looked up MK Sportscars and Kit Car Direct have taken the brand.

@KF2NationalKartcrg Жыл бұрын

Correct - Though one of his car models (Arion S2) was bought and brought over to Denmark, where a small scale production has been started. Among the three, the spirit of Andy is still alive.