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The business plans were miles better than last year's
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cookie_365
04-06-2012
Can't believe Tom's plan got taken seriously. Wine investment firms are going under quicker than Tom can say 'English wines sparking'

http://www.bbc.co.uk/news/business-17703269
frally
04-06-2012
Originally Posted by cookie_365:
“Can't believe Tom's plan got taken seriously. Wine investment firms are going under quicker than Tom can say 'English wines sparking'

http://www.bbc.co.uk/news/business-17703269”

Jim Budd, the fine wine expert quoted in the BBC report, has a list of companies he would not consider buying investment wine from.

And Tom's company, Cult Wines is on his blacklist (updated 4 May 2012):

http://investdrinks-blog.blogspot.co...companies.html
Inkblot
04-06-2012
Originally Posted by frally:
“Jim Budd, the fine wine expert quoted in the BBC report, has a list of companies he would not consider buying investment wine from.

And Tom's company, Cult Wines is on his blacklist (updated 4 May 2012):

http://investdrinks-blog.blogspot.co...companies.html”

Interesting... and a rather unusual comment regarding the CEO (is he Tom's dad?).
frally
04-06-2012
Originally Posted by Inkblot:
“Interesting... and a rather unusual comment regarding the CEO (is he Tom's dad?).”

Don't think so. I believe Tom's dad is Phil Gearing.
Inkblot
04-06-2012
Originally Posted by frally:
“Don't think so. I believe Tom's dad is Phil Gearing.”

Right. He and Tom are listed on the company's "meet the team" page, but the CEO isn't.
DavetheScot
05-06-2012
Originally Posted by wonkeydonkey:
“To be honest, I think LS not only saw it as risky but also as massively out of his comfort zone. He has no expertise in or knowledge of financial trading. Really he is a products man, but obviously willing to take a punt on services this time round, as long as the services are easy-peasy to understand.”

He also made it clear that, while he's willing to risk his own money, with a hedge fund other people's money is being risked and he was very uncomfortable with that.
cookie_365
05-06-2012
Originally Posted by frally:
“Jim Budd, the fine wine expert quoted in the BBC report, has a list of companies he would not consider buying investment wine from.

And Tom's company, Cult Wines is on his blacklist (updated 4 May 2012):

http://investdrinks-blog.blogspot.co...companies.html”

And this caught my eye:

http://investdrinks-blog.blogspot.co...hild-cult.html

Don't stop reading when you get to Cult Wine's protestations of innocence
bingbong
05-06-2012
To be fair Toms idea would have made money for him and LS, just the clients investments that would have been at risk. All these firms may have collapsed but the owners will have profited.

I would have preffered Jade to win. LS could have given her an office with a phone and got her to ring us all up. "Hello its Jade here from the Apprentice i want to talk to you about your energy bills" . Even if she made an automated voice recording with responses it still would be fun, and far better than some asian voice asking who you are when you pick up your own phone.
penelopesimpson
06-06-2012
Originally Posted by cookie_365:
“And this caught my eye:

http://investdrinks-blog.blogspot.co...hild-cult.html

Don't stop reading when you get to Cult Wine's protestations of innocence ”

WOW! Surprised Claude or someone didn't pick up on this - or was it too recent?
AlexR!
06-06-2012
No, I don't think they were any better, just safer. Frankly, I was really disappointed at just how pedestrian the final business plans all were:
A recruitment firm (there are already hundreds of these).
A hedge fund (there are already hundreds of these).
A cold calling centre (there are already hundreds of these).
A web-site that sources ingredients for every recipe that has ever been written (there are already... oh no there aren't. That's because it's a completely impractical idea).
I'm not saying that I could come up with anything better, but then I'm not claiming to be one of Britain's brightest business brains.
Wallasey Saint
06-06-2012
Deleated wrong thread
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