Have you got a great business idea? Maybe you’re halfway there but you need some help to reach the next step… The Dragons’ Den could be just what you’re looking for. This super popular international TV series sees budding entrepreneurs pitching their ideas to a panel of venture capitalists (the ‘Dragons’), with the hope of making a deal for the future.
With a share in the business up for grabs, the Dragons can offer funding and mentorship to entrepreneurs who they wish to work with. The show originated in Japan but it’s the UK version which we’ve seen on DSTV in the last couple of years. At this stage there’s no word on who the South African Dragons will be but it’ll be very interesting to see who steps up.
In the meantime, you can apply with your business idea online at http://mzansimagic.dstv.com/2014/06/25/dragons-den-south-africa-comes-to-mzansi-magic/. The show is set to debut on Mzansi Magic (DSTV Channel 161) in September.
If you make it into the Dragons’ Den, then make sure you’re prepared. Get your financials in order along with your business plan otherwise you’ll find yourself having a very awkward moment on TV… Watch some episodes of the UK version and learn from the mistakes and successes of those entrepreneurs. And if you’re not interested in being on the show, it’s still a great series to watch so look out for it!