Comments on: Peter Jones’ Tycoon

By: John

John — Wed, 18 Jul 2007 12:53:26 +0000

Ken,

It was still there when I looked just now, sounds like a good idea that solves a problem people have - certainly a problem I’ve faced in the past myself.

I fear that it will be difficult to find enough profit to make it and exciting business idea for an investor though.

By: Ken

Ken — Wed, 18 Jul 2007 12:37:59 +0000

I applied for the Tycoon program, got through the various selection processes and was invited to the auditions alongside 50 or so others.
It was very chaotic dark dungeon near London Bridge with people running around bonding in group sessions with rapturous applause erupting spontaniousley from behind black curtains followed by quickfire interviews designed to determine your Psychological makeup topped off with a 3 minute egg timered interview with peter himself. Anyway I waited on the comfy sofa for around 1 1/2 hours talking to and watching people is various emotional states going from room to room and, suddenly, realised that my particular idea was in a completely different league financially to the others. So rather than allowing myself to become the ‘Gibbering Doofus’ nervously twitching as Peter shrieked “HOW MUCH?” at me on national TV, I made a quick exit out the fire escape and saved my sanity. I PJTV girls chased me up asking me to come back but I told them nerves had got the better of me, (which is also true), and that I would return the money that they gave me for post production checks, which I did.
They still put my idea on thier website though so if anyone out there wants to invest £300-400K the project is ready to go to prototype, concept proven and manufacturers lined up.

You can still see it here, unless they have removed it.

Cheers

Kenny

http://www.tycoon.com/tycoonTrader/index.cfm?fuseaction=app.invited&userId=891&ideaId=31

By: robert

robert — Wed, 04 Jul 2007 23:13:42 +0000

i have an idea about generators that dont need petrol,gas or other to run. now im a bit reluctant to say what “GIZMO”(MY NIKNAME FOR IT) runs on, im no einstein of course but, i would like to hear your thoughts on this issue, as well as pointing me in the right direction. thanks please return an email.

By: John

John — Wed, 20 Jun 2007 21:50:26 +0000

Yes and no, turning an idea into a business will always involve some element of risk, the secret is to minimise the risk by doing your research and/or trialling your product or service on a small scale.

Feel free to email me (through the contact page on this site) a little bit about your idea and I’ve be more specific about how you can do this.

By: Maureen Clarke

Maureen Clarke — Wed, 20 Jun 2007 19:20:28 +0000

I have an exellent idea, but I was reluctant to go in for this, because I felt it needed too much money thrown at it. Was i wrong to be so cautious.

By: John

John — Wed, 20 Jun 2007 16:31:34 +0000

Business ideas don’t have to be new or fresh, but a new twist certainly helps.

Unfortunately the business ideas on the show have very little to offer, not even a new twist on a proven idea.

By: Luke Withers

Luke Withers — Wed, 20 Jun 2007 16:28:50 +0000

From what I understand there was a huge selection process to get the very best 5 entrepreneurs in the UK. This was through an inventions business farye.

I just question if these contestants were chosen to make good TV as opposed to the very best ideas for business ventures.

I would have liked to see contestants from Dragons Den go through to this competition, people with genuinely new and fresh idea/inventions. Nothing on Tycoon is new or fresh.

Luke