RICHARD: Tell me, what’s the idea?
ABIGAIL: Err, so basically Flywings is a new concept for a brand that’s specialising in gourmet chicken wings…
RICHARD: Uh huh.
ABIGAIL: …That are either grilled or smoked or barbecued…
RICHARD: Uh huh.
ABIGAIL: …and basically we glaze each wing in one of our specially formulated sauces.
RICHARD: Yeah
ABIGAIL: So all our sauces are culturally inspired.
RICHARD: Yeah.
ABIGAIL: ‘Cause we’re basically trying to infuse as much culture as into one brand as possible.
RICHARD: Yeah, yeah, yeah.
ABIGAIL: So that people can come to one place and try out more than one thing.
RICHARD: Yeah.
ABIGAIL: And…yeah!
OTHER MAN: Let me try one of those while we’re here. You’ve got to dig in there. You gotta dig in.
RICHARD: It’s a brilliant name by the way, absolutely love the name.
ABIGAIL: Thank you.
RICHARD: What’s the business model? Are you a outlet that’s selling them? Are you, the idea is you’re gonna get supermarkets to sell them for you?
JANINE: The idea initially was, we wanted to cater to different events and then we wanna have a market stall as well.
RICHARD: Yeah okay.
ABIGAIL: Initially we wanna start as a delivery service.
RICHARD: Right.
ABIGAIL: And then hopefully get a restaurant in Loughborough, we’re both from Loughborough, and then eventually start a chain of restaurants all across the whole of the UK and also start concessions.
RICHARD: I’ll say what I think straight right? Great name, but I think I need you to know what it is that you want your business to be. Do you wanna be a delivery business, do you wanna be a café? I can’t just give the money ‘til I’ve got a sense of what I’m putting the money in to.
ABIGAIL: Okay.
RICHARD: But that’s fine. We can talk later.
ABIGAIL: We just thought….
OTHER MAN: This is the beginning.
RICHARD: Yeah, this is a no for now and not forever, right?
ABIGAIL: Okay then, alright.
RICHARD: I think you’re on to something, but I think you’ve still got a way to go.
ABIGAIL: Okay, alright, well, thank you very much.
RICHARD: Keep in touch.
BOTH GIRLS: Thank you.
ABIGAIL: I think Richard wants to see us in the place right before we blow up ‘cause I think right now our business still has…we do have to actually build upon our brand a lot more and get to the stage where we’re actually ready, to actually branch out of Loughborough.
Quick tips for tutors
- A two-minute video showing a small business pitching to a potential investor
- May be used to stimulate discussion around what makes a good pitch
- Can be discussed for comparison alongside other clips of pitches in this topic.
Case study: The Gourmet. video
Watch 'meals on wheels' business 'The Gourmet' pitch to successful businessman and potential investor Richard Reed.
Case study: Autokeyz. video
Watch replacement key business 'Autokeyz' pitch to potential investor Richard Reed.
Business and entrepreneur. video
Learn about some of the literacy and numeracy skills that may be needed to work in business and as an entrepreneur.
