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January 05, 2005
Wednesday
 
 
Venture capital meets Pop Idol
Johnathan Pearce (London)  Globalization/economics

Entrepreneurship does not seem to get a very fair run on our main terrestrial television channels, as far as I can tell. The BBC is a particular offender. So credit is due to the BBC for a programme that shows how contestants with business ideas compete for money and interest from a panel of venture capitalists.

I watched the programme on Tuesday evening, and after my initial reservations about the format I became pretty engrossed. At the end, the final contestant, who eventually negotiated a deal where the others had failed, came across as such a smart fellow that I would have invested my own meagre funds in his idea.

The impression I got was that the producers asked the panel of VCs to play the role of flint-faced, capitalist bastard. They certainly succeeded. I disliked all of them intensely. No doubt that was the goal of the producers, but despite all that, I could not fail to be impressed by the enthusiasm of the wanna-be entrepreneurs.

The BBC may not fully realise it, but it is spreading the entrepreneurial meme.

Comments

. . . Can Trump's "the Apprentice" be far behind? Despite its self-promotion and contrived concept, this show has taught some very good values to my kids and opened up their eyes to the business world, introducing them to results-based competition, teamwork, accountability, entrepreneurship, and how to shrug off disappointment. . . Shaking Spears


Posted by Spear Shaker at January 6, 2005 02:47 PM

I thought "The Apprentice" simply taught people to scream "racism" when things don't go their way. :-)


Posted by Ted Schuerzinger at January 6, 2005 07:34 PM

I believe there is a British version of The Apprentice in the works right now. They were doing auditions a few months ago...


Posted by James G. at January 6, 2005 09:06 PM

And what does the commercial side of broadcasting come up with?

Darts Player's Wives ...


Posted by Julian Taylor at January 6, 2005 10:18 PM
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