Stephen Fear Denies Links to Dragons Den
Self-made millionaire and entreprenuer-in-residence at the British Library, Stephen Fear, has been rumoured as one of those to replace Theo Paphitis in the next series of Dragons’ Den.
The entrepreneur and contributor to is4profit’s small business blog, has denied links to the BBC’s successful business TV program, as it gears up for series 11.
Stepehen Fear is no stranger to offering help and advice to small businesses but he has issued a formal statement denying his lis link with Dragons’ Den.
In his statement, Fear, who is already in talks with another TV channel about filming a business programme, said:
I have received many calls and emails over this weekend including one from Canada, congratulating me on becoming the new Dragon to replace Theo Paphitis who is leaving to concentrate on other interests. This is news to me, and I can absolutely confirm that I have not been approached by anyone in this regard and in any event am not available due to the fact that we are in early negotiations to create a new business based programme for a rival network.
Stephen Fear, who started his entrepreneurial career by using a red telephone box as his office added:
I suppose that my being Entrepreneur in Residence at The British Library pushes forward these type of rumours, but that’s all they are I’m afraid, rumours. We have our own agenda with regards to TV and I am concentrating on that for now.
Fear continued, adding his support for the development of entrepreneurial spirit in the UK, by saying:
We desperately need new businesses to create jobs in the private sector that will replace those lost in the public area.
Fear is a patron of the business organisation Heroprenuers that helps ex-military personnel to start their own businesses and is currently in talks with Richard Morris, the CEO of Heropreneurs. Speaking of his involvement with the organisation, Stephen Fear went on to say:
Jobs are scarce for soldiers and other service people when they finish serving our Country and self employment is a real option if they go about it in the right way. That is the purpose of Heropreneurs, and the reason I agreed to become a patron. People that have given so much to protect and serve their Country should be able to expect support when attempting to enter civilian life.
Theo Paphitis said "I’m out" in a press statement last Thursday, making him the second Dragon to quit, alongside short-termer Hilary Devey.