The Apprentice 2015 – The Final

The Apprentice 2015 – The Final

Your firedIn the end, the Apprentice 2015 came down to a battle between the traditional and the new to acquire Lord Sugar as a business partner; either plumber Joseph Valente or dating app developer Varna Koutsomitis. To help Sugar make the decision, each finalist was asked to develop a digital billboard advert and promotional video before pitching their idea to a selected audience. They were assisted by a motley selection of 2015 ghosts of candidates past.

The two finalists seemed to adopt different strategies for selecting their teams; Varna prioritised going with individuals that she respected rather than liked (such as Richard Wood) selecting individuals with a good track record, whereas Joseph went with his mates, choosing relationships over past success. It didn’t seem to make too much of a difference, as it was obvious that neither candidate had a fully formed business strategy going into the final.

For Varna, the challenge was to persuade Lord Sugar to invest in a business that could be seen as speculative (there are apparently 15 new dating apps per week, and 15 failures) where the prize money could disappear within the first few weeks. Joseph wanted to transform his successful local business (in Peterborough) into a national brand. To do this he would need to identify a USP.

The promotional videos strayed into familiar territory. The addition of a juggling metaphor transformed what could have been a very traditional dating site advert into something resembling Cirque Du Soleil. Joseph only just avoided producing “Confessions of a Plumber’s Mate”. Neither was particularly inspiring. The issue was trying to get the essence of the brand each team was trying to sell. For Varna there was the challenge of selling the scientific profiling in the form of gaming. Joseph had based his idea on the “green” revolution, but was informed by focus group that this was not going to make money for the next 15 years (in a subtle dig at government policy). Credit to him, though, he latched onto the idea of investing in smart phone technology to control central heating and shifted his proposal accordingly. In doing so, he actually made the final a battle of the apps, at least on one level. Similarly, Varna realised from her focus group that the thorny issue of funding was not going to go away. She also repositioned her pitch to be an initial investment to prove her unique idea could win and use this to attract further venture capital.

Back in the boardroom with adverts, videos and pitches completed and past candidates dispensed with, it was decision time for Lord Sugar. It was here that Joseph played his trump card; he cited Sugar’s autobiography as a major inspiration and reminded him that he also came from humble roots. In other words, he showed Sugar how alike they are. It is true that Joseph has grown and evolved across the series, even down to his appearance. He has also shown himself as being prepared to listen and learn, two traits that Sugar values. Joseph was also able to dangle the carrot that a rival business in London had grown to a multimillion pound business.

Varna on the other hand has grown less through the process, having started from a high base. She remained focused and confident, with good knowledge of her business area. However, here business plan represented a riskier proposition.

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And the winner is…Joseph. Photo courtesy of BBC

In the end, Joseph and his plumbing business were the safer option.  To choose Varna, Sugar would have to speculate on new product that is untested and, crucially, he would not have control over unless he added significant extra funding. This fact, coupled to Joseph playing the “I’m just like you” card (Sugar’s achilles heal) secured the win. Sugar is going into the plumbing business.

It is interesting to note that Joseph represents the 5th business partner that Lord Sugar has taken on as a result of the revised format for The Apprentice. I remain unconvinced that this is the best format (see my earlier posts) and I am critical of the candidate selection this year, where good TV is more important than business credibility. I really hope that the production team give the format a real overhaul before series 12 next year. That said, good luck to Joseph Valence and his plumber’s mate, Lord Sugar.

 

The Apprentice 2015 Week 11 -Fail to plan and you plan to fail

The Apprentice 2015 Week 11 -Fail to plan and you plan to fail

The final of the Apprentice 2015 will be between social media entrepreneur Varna Koutsomitis and plumbing business owner Joseph Valente. The remaining three candidates were eliminated at the interview stage.

In the end, it comes down to the quality of the business plan; how well you sell it and how well it fits with Lord Sugar’s preferences. The truth is, however, that the semi-final makes a mockery of the previous 10 weeks.

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Varna will be in Sunday’s final. Photo courtesy of BBC

Take marketing agency director Richard Woods, for instance. He was many people’s favourite to win the series, as he had been on the winning team 8 times, twice as project manager. In the old format of the series, he would have been the perfect employee. Except he probably wouldn’t apply as he already runs his own business. Richard has played a shrewd game, keeping his cards close to his chest; just enough of a team player but always preferring his own judgement. I suspect there are as many viewers who hate him as like him, because there was something quite incongruent, bordering on manipulative, in his approach. For some, it will be fitting that it was this, and not the quality of plan, that ultimately cost him. Richard chose not to reveal that his plan for a marketing agency for Small and Medium Enterprises (SMEs) is a duplicate of his existing business. This could be seen as justice or even a vindication of the process.

Hairdresser Charleine Wain had a plan to turn her hair and beauty salon in to a franchise. Much as she impressed the panel with her work ethic (and I admit that I’ve grown to like her) it showed a naivety in business terms; you can’t  franchise until you have made a name. Sugar may be a big name, but he is not associated with hairdressing.

For Mr Corporate, Gary Poulton, his idea of a virtual meeting space for events confused Sugar and didn’t convince the panel.

Isn’t this just Skype?” asked Karren

So, Gary failed to sell his idea.

Varna is wanting to design a new dating / gaming app and though she was convincing, there is a nagging concern that she has underestimated the start-up costs.

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Varna will be in Sunday’s final. Photo courtesy of BBC

Joining Varna in the final is Joseph Valente. His plan to expand his plumbing business was realistic and, crucially, tangible. Sugar made his name in manufacturing, and he seems to err towards propositions that make things or at least involve real things. He has surprised us (Ricky Martin’s recruitment business proposal) in the past, but Joseph did a great job of selling his plan with passion and realism. Crucially, he has learned from the feedback he received on the property task, and he changed his appearance by shaving off his moustache. This visible sign said “I’ve leaned in this process” and was noted by Sugar.

So the choice this year is between a new app and a plumbing business. Who knows what better plans belonging to fired candidates may have been missed, and this is my main criticism of the series?

Who will win? Who cares! The whole thing has been rendered irrelevant and the format needs to be re-thought. There is a case for starting the series with the interview panel and identifying 12 business plans that are viable and that Sugar would invest in. Then the weekly contests have relevance, as the candidates are reduced to a single winner with a viable plan.