Entrepreneurs are GREAT - Part 2

Richard carries on searching for the secret of entrepreneurial success, visiting two of Britain's youngest - and most fashionable - entrepreneurs, before meeting one of the judges of Britain's very own entrepreneurial reality TV show, Dragons' Den.

Transcript

London is Britain’s business capital. Hundreds of entrepreneurs have set up their high-flying businesses here. Whether commercial, retail or tourism, Britain is the place to be.

There are some amazing small businesses popping up all over Great Britain. This is Yarm High Street in the north-east of England where two sisters are really making their mark on the worldwide fashion scene... and they’ve only just entered their 20s. Let’s go and say hello.

Emily: Hello, Rock 'N Rose. Emily speaking.

Emily and Jess started making jewellery from their mum’s garage when they were just 15 years old. Today this British vintage-inspired brand is worn by celebrities, trend-setters, and sold around the world, and their profits are booming. This is their own studio where they make most of the jewellery.

There’s no stopping these young entrepreneurs. And I want to know what the secret of their success is.  

Jess: Hi Richard! Welcome to Rock ‘N Rose… Come on in…

Richard: Ladies, tell me. How has the business started from nothing to all of this?

Jess: Well, we started back in 2007, and it really started as more of a hobby, part-time, a way of making a bit of cash really and it kind of grew exponentially from there.

Richard: How do you feel when you see your jewellery in magazines and being worn by celebrities?

Emily: Sometimes you've got to pinch yourself to really realise how well we're doing and how many magazine features we are getting.

Richard: Do you think Great Britain is a good place for entrepreneurs?

Jess: Definitely. I think there's a lot of help and advice available out there. I know we had a business advisor from Business Link, the government organisation, and they were invaluable to us, weren't they? And I think there's lots of websites and there's lots of information out there to help people in Great Britain with entrepreneurship.

.....

Some companies come from abroad to set up in Great Britain, too. In fact, more overseas businesses choose to set up here in Britain than anywhere else in the world.

But, when it comes to British success, this next businessman is one of the best…

Bannatyne’s health club in Darlington is owned by Duncan Bannantyne, one of Britain’s most successful entrepreneurs, and I’m hoping he’ll help me make my first million… well, I can dream!

Duncan has also become something of a TV celebrity and I can’t wait to meet him.

Duncan Bannatyne is a multimillionaire.  He’s the proud owner of 61 health clubs, 3 hotels, 28 day spas and even a bar… and the entire empire of the entrepreneur was built through sheer hard work.

Richard: You're very successful now, but how did your career begin?

Duncan: My career began when I was 29. I was on the beach - I was a beach bum in Jersey. I was just enjoying life, had no money, no bank account. I worked in a bakery for a year and I was 31 years old and I would finish working in a bakery, go to the car auction, buy an old car, do it up, sell it for a profit, and 2 weeks after we bought our first house, I saw an ice-cream van coming through the auction. I decided to buy it and start a business.

Richard: In what way is Great Britain a nation of entrepreneurs?

Duncan: Great Britain has got a great entrepreneurial spirit and it's coming out quite a lot now since television programs like The Apprentice and Dragons' Den. Entrepreneurism is about working hard, building a business, but more importantly enjoying that and enjoying life.

Richard: So if I was to set up business, what advice would you give me?

Duncan: If you set up a business, my piece of advice to you would be to work hard, make it work, and really, really enjoy it.

Richard: Glad you mentioned that, Duncan, because I've got an idea for a start-up company. I was just wondering if you'd like to come in and invest and...

Duncan: I'm out.

Richard: You haven't heard the idea yet so...

Duncan: I know. I'm out.

Richard: That's a little harsh.

.....

Well I couldn't leave without using the facilities, could I? That’s enough of that.

Well, I’ve met some of Britain's greatest entrepreneurs, and it’s left me feeling very inspired. In fact, I'm ready to take on the world. Come on!

It’s this way.

Task 1

What order does Richard do these things in the video?

Exercise

Task 2

Who said these things? Did Jess & Emily say them? Did Duncan say them? Or did neither of them say them?

Exercise

Task 3

Match the start and end of these sentences from the video.

Exercise

Task 4

What do these words and phrases from the video mean?

Exercise

Discussion

Average: 5 (3 votes)
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Submitted by Anna Kompaniets on Wed, 25/03/2020 - 10:50

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great and informative video! thanks a lot!

Submitted by Sammojan on Mon, 14/10/2019 - 22:40

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In Thailand, We have one family 'Jiratiwat', they are successful business family currently, and the most famous work for this family is the department store in Thailand. I don't think I will run business by my own and I think the important things for new business are supporting in finance and working hard.

Submitted by Clément Pellet on Wed, 04/09/2019 - 18:26

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Xaviel Niel is the most famous businessman in France since the last years, he is the CEO of Free, a mobile phone company. I would consider starting a business in the UK because this is a country where no one judge you about your ideas but only about the results, if you sell it, whatever it is, then this is worth to invest in. I think, a new business needs a lot of preparation before to be sure that even if there are some issues at the start, the company will still on. After, the business will need to question itself to see if it can do better or not.

Submitted by Paola Vazquez on Wed, 04/09/2019 - 17:28

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What are the most important things a new business needs? Being led by a person who enjoys what he/she does and who is certain that he/she will work hard, perhaps for a long time but in the end, it will all be worth it. Also, believe in what you do so that people believe in what you sell and believe they need to acquire it.

Submitted by Paola Vazquez on Wed, 04/09/2019 - 17:14

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Would you consider starting a business in the UK? Not right now, because although the text mentions some important aspects, the truth is that I don't know so mutch about the place and I have no idea of ​​the regulations that are needed, so right now I don't consider it.

Submitted by Paola Vazquez on Wed, 04/09/2019 - 17:12

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Can you name successful business people in your country? Carlos Slim, is a businessman who has implemented telecommunications with his company.

Submitted by miguelABP on Thu, 17/01/2019 - 17:24

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no, right now i have no idea of succesfull people in my country. probabbly i would take my own company in the future to UK. i think that a new business needs a lot of effort and hard work.