Monday, 8 August 2011

Not the place for serious investment


OK, I ranted last week but I still gave Dragon's Den another chance last night and it was dreadful. Again the selection process had failed and the desperately poor business opportunities exposed would lead you to believe the UK is devoid of investable talent; which it certainly isn’t. The Dragoons fooled around extending their celebrity egos while the world-be entrepreneurs withered.

Dragon’s Den, which offered so much hope to the entrepreneurially challenged, has sunk in its own bathwater and so, with regret, I have to say, I’m out.

But on a relevant note, any PA who works for an entrepreneurial business or start up company, please remember the key lesson to be learned from the Den, be prepared and ensure your Boss always has a strong grasp on the financial state of the business. If they know nothing else … ensure they know the state of current creditor (people you owe), debtors (people who owe you) and the bank balance.  With those three numbers they can pretty much run the business.
 
Gareth, APA

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