The iTeddy is an interactive teddy bear with inbuilt media player, it was invented by 29-year-old Imran Hakimand who went on and participated in TV show Dragon's Den in order to acquire additional financing to expand the business, 2 of the judges got interested in the idea and agreed to provide financing for the company!
The company became an instant success and their product is now selling in more than 40 countries worldwide grossing more than 10 million Pounds a year (not bad considering the company was founded in 2007 !!).
The story is written in their website:
Dragon's Den - Corporate | iTeddy
If you want to hear the full story, watch this video, the story starts @ 6:30
[ame=http://www.youtube.com/watch?v=XytKId_a1HU]YouTube - Dragons' Den: The Dragons' Stories: Theo Paphitis' Story - 1 of 6[/ame]
and here's the second part of the video:
[ame=http://www.youtube.com/watch?v=jrUDl2j6A10]YouTube - Dragons' Den: The Dragons' Stories: Theo Paphitis' Story - 2 of 6[/ame]
I found this story pretty interesting and inspirational, do yourself a favor and watch the videos, truly FastLane material :coolgleamA:
The company became an instant success and their product is now selling in more than 40 countries worldwide grossing more than 10 million Pounds a year (not bad considering the company was founded in 2007 !!).
The story is written in their website:
Dragon's Den - Corporate | iTeddy
If you want to hear the full story, watch this video, the story starts @ 6:30
[ame=http://www.youtube.com/watch?v=XytKId_a1HU]YouTube - Dragons' Den: The Dragons' Stories: Theo Paphitis' Story - 1 of 6[/ame]
and here's the second part of the video:
[ame=http://www.youtube.com/watch?v=jrUDl2j6A10]YouTube - Dragons' Den: The Dragons' Stories: Theo Paphitis' Story - 2 of 6[/ame]
I found this story pretty interesting and inspirational, do yourself a favor and watch the videos, truly FastLane material :coolgleamA:
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