Entrepreneur who wowed Dragons Den reveals he's made 15 times investment since rejecting offer - News Summed Up

Entrepreneur who wowed Dragons Den reveals he's made 15 times investment since rejecting offer


An entrepreneur who impressed the Dragons' Den judges with his biography writing service has revealed how he turned down Tej Lalvani's offer after the show - and has gone on to make 15 times his investment. As well as this, their sales have also doubled since they stepped into the Den, making over £4 million since launching. After rejecting Touker Suleyman's offer, Tej made his best attempt at getting their business on side by offering a 5 per cent share in the business for a £90,000 investment, which Rutger accepted. Admitting that he was daunted by the prospect of pitching to the Dragons, Rutger confessed that he was originally meant to appear lone, but roped colleague Theo into joining him. 'By the end of the year, we're hoping to have over 1,000 high quality writers from a range of backgrounds', he said.


Source: Daily Mail March 16, 2020 00:00 UTC



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