For those curious as to how Lord Sugar actually engaged with his new investment, a former winner of The teaching staff has shed some light on what happens after the show is over.
Mark Wright won the series 10 of the show in 2014 with his idea for digital marketing agency Climb Online, which the Daily Express Reports have gone into effect following an initial investment by Lord Sugar.
Wright has now lifted the lid on what Apprentice Winners can expect after the show. See below:
He said: “When I won the show, I had the same questions as possibly the general public.
‘What’s happening now? Do you talk to his minions, are you part of an investment team, do you never see him again?
‘The answer was a resounding no. He was on the phone, especially in the early days, constantly. He WhatsApps, he notes notes, he rings relentlessly.
“When my company is reasonably profitable and successful, he lets me in. We have a board meeting once a month that he spends a day with me once a month and we still do that to this day.
“He’s a workaholic and he’s on emails from 6.30am to 6.30pm every night, Monday to Friday. If I send him an email now, seven days a week, he’s responding in 10 minutes. ‘
The format of The teaching staff changed after the first six series with the original price of a job and one of the Lord Sugar companies with a salary of £ 100,000 in favor of the business plan financing, for which Sugar received 50% shareholder in the company.
Since the change of formats, the show has attracted a number of successful business developments from the winners.
Meanwhile on to the current series of The teacher, the last four were cut to two after Brittany Carter and Stephanie Affleck were fired from the process because their business plans did not impress Lord Sugar’s panel of expert advisers.
According to Digital SpyCarter’s business plan for a high-protein alcoholic beverage was denounced as “nothing more than a glorious brochure” by consultant Linda Plant, while Claude Littner pointed out that it did not include any projections for profit and loss.
Meanwhile, Affleck’s idea to grow her business for pre-popular designer children’s goods is planned to be “a pipe dream without substance” and she chose an authentication company that did not work with children’s goods.
That only leaves Harpreet Kaur and Kathryn Louise Burn left to fight for the price of a £ 250,000 investment in their business idea and Lord Sugar’s help to get it off the ground.
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