Has anyone noticed that Adenike and Bolaji's interest in investing is quite similar? Once Bolaji is out, Adenike won't be investing either and vice versa... Lovely show.... Beats BBN 10000000000000000000000 times
The math is simple when you see a lioness ready to be your good customer that's a clear evidence that were you should turget (the rich ladies) meaning you product is a luxury one AKA you can maximise your margins.
So, Dan, made a remarkable point where he said a write-up should be inscribed on the candle. Scentify can consider that as a product feature though. Amazing!
i agree with you, that was a big business idea/concept given on a platter of Gold, it will be very sad if she didn't pick it up, while he gave her the idea for free.
I love this episode.. she didn't get what she came for but she gained knowledge which if she applies and earns her way back to the show, some Lions will invest.
Some businesses are only good at small scale and do not need cash injection from investors. I don’t see this business making and investor N2m per year. I would advice she keeps 100% of her business and enjoy her profit. If it can scale, it will organically.
I feel she missed out on an opportunity when the last lion said "I will be your customer". Rather than asking them to shop online, she could have had some delivered to them right there, or asked for delivery details. That would have helped her keep in touch and further change their minds on why they should invest in her business.
Firstly the lady is smart but the cost of production and selling there's a big gap you produce with 3500# and you sell for 8k that's a big high for end users and that candle with 3 lightning cable is just going to make that candle burn off so quick. And the lion den production should let the candidate speak about the experience with the den at the end of the show. Well the lions made a good point cause the calculation was not friendly. And I don't think she has a pattern anybody can go with her secrets and make a cheaper one
Like she said, the problem is the retailers who want to typically make a 30% profit margin. She has to use them cos she doesn't have an established commerce platform. Business is tough ehn.
Production in nigeria is not easy. She needs to be able to cover cost and make profit, so it’s not a big high, Infact she needs to charge more. However she should take that idea and write a story on the box.
This guys are business minded people; they know the physiology and anatomy of business........so no matter how brilliant your idea may be, if you are not trading off business startup to them for penny they will never invest in it because at long run they will trick you into giving them the largest stake of your company for their penny. Eventually if your business suddenly boom; then you will realise that you are doom. However, this your lady here is very smart and brilliant but she is not offering them the best😆😆😆😆
Does this landmark guy ever invest 😀😂😂😂😂😂 maybe his standards are too high. This is Nigeria though. Rome was not built in a day. If He is not prepared to invest then what is He doing there perhaps he should make v way for someone else who is interested in investing in Nigerian entrepreneurs.
Paul nwuaribe he knows nothing and always out for slightest reason....like his landmark resort, almost out, if he is that smart he should have seen Lagos Calabar Coastal Road coming...
These people are businessmen and woman so they are looking for the best businesses with the best economics to maximise their investments.. she has a good business but its overvalued
@@promisefelix8129 she thinks it’s a charity show. Her business relies heavy on foreign import and we know how exchange rates are fluctuating. She makes less profit than the third-party retailers that retail her products. It doesn’t sit right with me either. Does @Olayide expect them to invest in every business that is pitched to them? Absolutely not if you ask me.
I just discovered this show. I never knew Nigeria has theirs (lions den). I don't watch BB Naija but this show is far better to watch.
The producers should have a segment where they get feedback from the business owners after the pitch.
I love the idea
Happy to see her business thriving even at this point
Has anyone noticed that Adenike and Bolaji's interest in investing is quite similar?
Once Bolaji is out, Adenike won't be investing either and vice versa...
Lovely show.... Beats BBN 10000000000000000000000 times
That is because Bolaji's company (Chapel Hill Denham) is Adenike's sponsor.
@@mudiame19 Wow really.. Follow-follow. Herd mentality
I have been anticipating a Nigerian version of Dragon's den for a long time. I'm glued. This is fantastic
Same here…Subscribed and glued🤞
You would like shark tank as well mate.
13M in selling candles. Oh holy Spirit breath on my mind 🙏
🤣🤣
Mad o😂😂😂
Scented candles
Abeg no be just ordinary candle ooo. Business dey ooo we just need to open our mind
😂😂. This is so hilarious
The math is simple when you see a lioness ready to be your good customer that's a clear evidence that were you should turget (the rich ladies) meaning you product is a luxury one AKA you can maximise your margins.
Love her presentation
Wow
I use this in my Parlor.
And it's awesome
So, Dan, made a remarkable point where he said a write-up should be inscribed on the candle.
Scentify can consider that as a product feature though.
Amazing!
i agree with you, that was a big business idea/concept given on a platter of Gold, it will be very sad if she didn't pick it up, while he gave her the idea for free.
I agree too, something that caught my attention with the packaging on Lemonde was the story telling.
Adenike is always dishing out great business advice and its so good.
@@michealvictoria1580 yes you're right
I love this episode.. she didn't get what she came for but she gained knowledge which if she applies and earns her way back to the show, some Lions will invest.
That I'm out guy doesn't have money.
Lion Adenike got it right and presented well . Gave an invaluable advise and mostly what these business people wanted more than investment.👏
Paul is looking for a big industry to invest in, all these startup thing do not freak his ass 😂
You get it!
Some businesses are only good at small scale and do not need cash injection from investors. I don’t see this business making and investor N2m per year. I would advice she keeps 100% of her business and enjoy her profit. If it can scale, it will organically.
I'm surprised why non of the lions asked her about close competitors, market size and all that business intelligence
They asked.
I don't know if it's just me but there's something about this episode that just screams "we don't have that kind of money for you"😂
Have never heard Paul said "I'm in"😭😂😂😂😂😂😂
Still don't know how she got no lion to invest as good as the business idea is.
Paul is the Barbara of this show from shark tank
😂😂😂😂
Barbara is always out
Hahahaha ei no dey ever invest
Looking forward for Lions'Den In GH
She has never invested alone by herself 🤣
Dont even know we have our own Dragons den
Me too 😂
My name is Paul Onwuanibe, and for that reason I’m Out
i swear lmaoooooo. Thats all that brother do
😂😂 I swear
I don’t blame him
@@namprincewill7420 lol why bro?
😅😅😅😅😅😅😅😅
I've rarely seen Uncle paul Invest, still waiting to see what interest him.
He's always out
@@easybiddy720 always oo. Been seeing the show for a while. Na out out out
He's the first to say I'm out 😂😂 the man no wan stress
Lol actually I came to the comment session to confirm if anyone noticed the fact that Mr Paul is always out🤣🤣🤣
My name is Paul and for that reason I’m out.
😂
😂😂😂
i swear !!!!!!!!!!!!!!!!
tf bruh😂
😂 😂 😂
We have to give it Paul's specificness when it comes to numbers though.
This show proves further to my how incredibly tough it is to do business in Nigeria
Exactly...and she is doing well so far..
Asin ehh
Yeah, very true
Yeah, very true
We all have different perspectives.. nobody will believe in your dreams like you until there are results and proofs to show
Paul always get scared about all this type of business, he never once in 😂😂
When will Paul ever be in? Jeeeez
Out-wanibe
Like I’ve watched many videos but I’ve only seen him invest twice
😂🤣😂🤣
🤣🤣🤣
@@2onecstasy you forgot to add that his conditions are can be choky
😅😅😅😅
how i wish she mixed scent flavors that evoke acceptance so that all lions accept
lol. No be juju be dat?
Hmmmm.. It is well
It's clear she came for free publicity. Well done Bukky.
Introduce a local element that people can relate with
Example please? Im from SA but would just like to understand more.
I feel she missed out on an opportunity when the last lion said "I will be your customer". Rather than asking them to shop online, she could have had some delivered to them right there, or asked for delivery details.
That would have helped her keep in touch and further change their minds on why they should invest in her business.
You really want her to try stalking them to change their minds
@Ajala Samuel Depends on how she does it. It's called being proactive, rather than waiting for an order that may never come.
Yes I expected her to introduce some of her products right there or drop a flier
In retrospect, it's easier said. I think that would've been the last thing on her mind. She needed them more as investors and not just end consumers.
@@stibej true, I'm not a marketer myself, but the best of them are very good at thinking on their feet, to maximize their sales and profit.
Firstly the lady is smart but the cost of production and selling there's a big gap you produce with 3500# and you sell for 8k that's a big high for end users and that candle with 3 lightning cable is just going to make that candle burn off so quick. And the lion den production should let the candidate speak about the experience with the den at the end of the show. Well the lions made a good point cause the calculation was not friendly.
And I don't think she has a pattern anybody can go with her secrets and make a cheaper one
Like she said, the problem is the retailers who want to typically make a 30% profit margin. She has to use them cos she doesn't have an established commerce platform. Business is tough ehn.
Production in nigeria is not easy. She needs to be able to cover cost and make profit, so it’s not a big high, Infact she needs to charge more.
However she should take that idea and write a story on the box.
For that reason I'm out
paul😂
Paul no get money😂
Normally 😂😂😂😂, everytime, I'm out
😂😂😂😂
This guys are business minded people; they know the physiology and anatomy of business........so no matter how brilliant your idea may be, if you are not trading off business startup to them for penny they will never invest in it because at long run they will trick you into giving them the largest stake of your company for their penny. Eventually if your business suddenly boom; then you will realise that you are doom. However, this your lady here is very smart and brilliant but she is not offering them the best😆😆😆😆
Exactly. No matter how brilliant one is, they will still shake you
Exactly.
Apparently that's what they are out for and when you aren't offering them, they are not investing.
Does this landmark guy ever invest 😀😂😂😂😂😂 maybe his standards are too high. This is Nigeria though. Rome was not built in a day. If He is not prepared to invest then what is He doing there perhaps he should make v way for someone else who is interested in investing in Nigerian entrepreneurs.
Yeah, yeah he never invests.
he did many times
I wish that the event on gamestop stock will rewrite it self to nigeria selfish investors......it just a wish and nothing personal though
Paul nwuaribe he knows nothing and always out for slightest reason....like his landmark resort, almost out, if he is that smart he should have seen Lagos Calabar Coastal Road coming...
Go watch his interview on tvc your view first
Did she just say shop online…Lol
That man with an accent,is very stingy, he never invest.
Is it Yr money
@@BILLIONAIREGH lol
Who doesn't have an accent?
You think it is a charity program
😂😂
No offense but people of privilege or raised with privilege should not be on the panel. Their reasoning are always selfish
These people are businessmen and woman so they are looking for the best businesses with the best economics to maximise their investments.. she has a good business but its overvalued
How about you be on the panel then😂😂
@@promisefelix8129 she thinks it’s a charity show. Her business relies heavy on foreign import and we know how exchange rates are fluctuating. She makes less profit than the third-party retailers that retail her products. It doesn’t sit right with me either. Does @Olayide expect them to invest in every business that is pitched to them? Absolutely not if you ask me.
They are investing their funds. You want them to dash their money out?
This is not a charity lol