Whispering From Afar…
The sixth entrepreneur, Modupe was a classic case of what an entrepreneur should never do in front of investors. She walked into the den, fidgeting with a piece of paper in her hands. She read her name and business details out of the paper, and stuttered through her description of the services her company, “Whispers of Love” rendered. Femi Tejuoso was the first dragon to state his dissatisfaction with her lack of poise and composure warning her that she could never inspire the confidence of the dragons in her business if she had to read everything out of a piece of paper. After her quaky presentation, we discovered that she intended to set up a business that aimed at empowering women through paid seminars. She was asking for N5 million and offered 15% equity to the dragons. Alex was almost speechless; he wondered how Modupe expected to raise N5 million with such an unconvincing attitude. Ibukun Awosika pointed out that the service she wanted to charge people for were already available for free in most of the churches in Lagos; therefore she had no commercially viable business. Femi Tejuoso was still appalled by her presentation that he couldn’t resist humorously opining that Modupe should in fact pay the show for the free air time she had received for her business. Modupe lost all the dragons.
Maybe her business name “Whispers of Love” compelled her to whisper her pitch throughout her presentation. What’s your take?


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July 28th, 2008 at 2:00 pm
my take on whispers of love is that it is quite unfortunate that she was given a chance to demonstrate such naivety,dearth of confidence, knowledge,and seriousness.It only makes a mockery of the dragons and what they have set out to achieve-to make entreprenures,aside from entertainment.I have had the previlege of wathing the UK version of the dragons and i must say this one is equally of a very high standard, but such standard should also be seen as flowing from the participants as well.