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Chris's decision on the 20% - a shrewd move


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Old 08-12-2010, 22:03
DuaneBenzie
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Was described by Lord Sugar as a shrewd business move and innovative.

The context of the episode tried to show this as a mistake but it clearly was not and the big reveal on the task success was that actually it was a key reason for the win. He was was also criticised in the thread following the programme.

According to the boardroom the industry standard was 35% and Stuart's team negotiations were criticised so what Chris did was actually a sharp move.

With all the talk of spark and needing someone who will come up with new ideas, it's looking increasingly likely, that Chris who is peaking at the right time will be one of the final two. Another good performance tonight in the eyes of Lord Sugar.
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Old 08-12-2010, 22:05
LaurieMarlow
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I think it was a crazy strategy on his part.

However, the way it was packaged by Lord Sugar speaks volumes. I think Chris is being groomed for the win, despite not being terribly impressive.

I'd champion Jamie before Chris.
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Old 08-12-2010, 22:06
Shaiya
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The editing for the last few series has always been making the winning team look like they're going to lose. I knew as soon as that "shocking deal" was emphasised that Chris's team were going to win.
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Old 08-12-2010, 22:06
Jocko Homo
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He got away with it in the context of a one day task but it was shocking business. In the long term the business wouldn't have made very much money at all. Chris is an idiot who got lucky no matter how Sugar tries to spin it.
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Old 08-12-2010, 22:06
eggshell
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I think he got lucky...look at him when he was negotiating this and it was clear he was out of his depth, flustered and didn't have a clur.

But sometimes success is dependen on luck.
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Old 08-12-2010, 22:07
thenetworkbabe
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Was described by Lord Sugar as a shrewd business move and innovative.

The context of the episode tried to show this as a mistake but it clearly was not and the big reveal on the task success was that actually it was a key reason for the win. He was was also criticised in the thread following the programme.

According to the boardroom the industry standard was 35% and Stuart's team negotiations were criticised so what Chris did was actually a sharp move.

With all the talk of spark and needing someone who will come up with new ideas, it's looking increasingly likely, that Chris who is peaking at the right time will be one of the final two. Another good performance tonight in the eyes of Lord Sugar.
No it clearly was a cras mistake that purely by accident ended up working because Stuart overpriced.
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Old 08-12-2010, 22:08
missfrankiecat
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I think he got lucky...look at him when he was negotiating this and it was clear he was out of his depth, flustered and didn't have a clur.

But sometimes success is dependen on luck.
I do think he's fearless. Bordering on reckless but it seems to be what Sugar wants.
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Old 08-12-2010, 22:08
Dollystanford
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it clearly wasn't 'shrewd' as they tried to go back on it the next day!
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Old 08-12-2010, 22:10
OffTheCuff
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It was a stupid move. It is the sort of deal that would get you fired instantly in a real job (or if you're lucky banished to the regional support office in Airdrie)
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Old 08-12-2010, 22:12
DuaneBenzie
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it clearly wasn't 'shrewd' as they tried to go back on it the next day!
That was Joanna's decision and she got criticised for it in the boardroom.

Fact is it was praised by Lord Sugar as a shrewd move in comparison to what Stuart's team did and also praised as innovative by LS at the beginning. If the industry standard really is 35% then it was a decent deal and Chris's reasons for wanting it were sound.

The editing showed it as mistake because Joanna and Jamie were against it but those who make the decisions on who stay and go were very much in favour of it.

Contestants stand and fall by their decisions and Chris is very much standing after tonight's task and came out very well in the boardroom.
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Old 08-12-2010, 22:14
kitty_koo
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It was stupid, I'm surprised Lord Sugar didn't criticize the team because they would have made much more money if they hadn't had done this deal. Also if it hadn't worked Lord Sugar would have torn Chris apart!
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Old 08-12-2010, 22:15
chinchon73
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Hindsight it might look like a shrewd business move, but I think he just got lucky.
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Old 08-12-2010, 22:15
wends1502
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It was not a shrewd business move at all. It was a pure cock up and they got lucky.

Nobody in their right mind would give commission from other sales to that a promoter unless they had sold the tickets for them.
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Old 08-12-2010, 22:16
Jocko Homo
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I think it was a crazy strategy on his part.

However, the way it was packaged by Lord Sugar speaks volumes. I think Chris is being groomed for the win, despite not being terribly impressive.
I agree. It reminded me of the series 3 shopping task when Simon made a complete hash of both product selection and presenting but Sugar spun it so that Simon's choice of a blimmin' Wheelchair as 'brave' rather than completely ridiculous. Chris will win and he'll manage the near impossible of beating Simon as the worst candidate to ever win.
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Old 08-12-2010, 22:16
ofni
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As Napoleon always used to ask - "Is he lucky?"
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Old 08-12-2010, 22:17
ArtyAttack
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That was Joanna's decision and she got criticised for it in the boardroom.

Fact is it was praised by Lord Sugar as a shrewd move in comparison to what Stuart's team did and also praised as innovative by LS at the beginning.

The editing showed it as mistake because Joanna and Jamie were against it but those who make the decisions on who stay and go were very much in favour of it.

Contestants stand and fall by their decisions and Chris is very much standing after tonight's task and came out very well in the boardroom.
Agree. Knew they had won the task when LS was letting Joanna and Jamie shift all the blame onto him for the decision. Much of the business seemed to come from the centre though the editing made it seem not that important.
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Old 08-12-2010, 22:19
missfrankiecat
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It was not a shrewd business move at all. It was a pure cock up and they got lucky.

Nobody in their right mind would give commission from other sales to that a promoter unless they had sold the tickets for them.
But given the alternative was to hand over 35% of the ticket sales made by the promoter, if their total ticket sales came mainly via the promoter then it was a good deal surely as the promoter was 15% down on usual commission? Depends on the assessment of how many sales you are going to make yourself.
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Old 08-12-2010, 22:19
funkycub
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Because of his hairy chest everything he is done is right. So there.
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Old 08-12-2010, 22:20
DuaneBenzie
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Agree. Knew they had won the task when LS was letting Joanna and Jamie shift all the blame onto him for the decision. Much of the business seemed to come from the centre though the editing made it seem not that important.
This is what I thought when Chris emphasised the location in why he offered the deal. If Sugar thought the loss of profit was not a price worth paying for what they gained, he would have barracked Chris in the boardroom. He has done this before(like on the Germinator task).

I do think the editing tried to make this look a very bad decision to throw people off the scent abit, and the fact Joanna criticsed it and tried to renegotiate it allowed them to present it as such, but some of the things said in the boardroom made it sound a good decision especially on the industry standard of the pricing. LS was clearly in favour of it hence the praise given.
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Old 08-12-2010, 22:23
Born lippy
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How can we know how bad a business deal it was without knowing how many tickets the tour shop sold? If it was 20% of the total, then fair play.

However I think it was very risky as there was no enticement for the shop to sell. Even offering them 50% of the cost of tickets the shop sold would have guaranteed them the shop's business over the other team. they'd have money they wouldn't have seen otherwise, and not had to work for it. this would have been shrewder!
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Old 08-12-2010, 22:48
mariafitz
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When i watched it ..I thought that he didnt realise what he was doing or what he was agreeing to..I dont think it was shrewd as all...(maybe the editing made it seem that way ) But if it happened the way that it was shown well i think its more like a lucky mistake..

But if he was going on the basis that its a one day deal and i have to win the pitch (not shown in the editing ) then yes it was shrewd....Jury is out on this one...cant make up my mind...But on a push i would say Lucky mistake..
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Old 08-12-2010, 23:05
Diorelli
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To be honest, I wasn't shocked by this. He is an investment banker. They do a lot of risky deals, day in day out. The riskier the deal, the higher profit margin. Of course, if they lose, they also lose a lot. They live and die by that credo.
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Old 08-12-2010, 23:07
DuaneBenzie
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To be honest, I wasn't shocked by this. He is an investment banker. They do a lot of risky deals, day in day out. The riskier the deal, the higher profit margin. Of course, if they lose, they also lose a lot. They live and die by that credo.
Good point. It does explain how fearless and confident he can be.

Being an investment banker will also mean he is used to evaluating risks which can be a very good trait to have, but like you say, if it goes wrong the consequences are normally high.
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Old 08-12-2010, 23:10
Shappy
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Chris is so wooden.
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Old 08-12-2010, 23:19
notary
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We dont know exactly how many they sold themselves and how many were sold for them.
Their empty bus in the afternoon meant they werent selling very hard.
He shouldnt have also included the tips, they would have understood that the tips belong to the person on the bus who need not have been one of the management team.
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