A BUSINESS wizard has been spelling out the tricks of his magical trade to sixth form students at Wisbech Grammar School.
‘Dragons’ den’ winner Richard Blakesley (37) returned to his old school on Tuesday to explain the secret of his success with the Kymera magic wand which can change channels or turn down the volume at the flick of a wrist.
Richard, an engineering graduate of Trinity College, Cambridge University, and his partner, Chris Barnardo, dreamed up the idea of the magical device and they were invited to pitch their idea to the dragons on BBC2’s entrepreneurial reality series.
The dragons fell under the spell and offered a combined total of £900,000 for the 14-inch device, which is capable of 13 different functions activated by a range of gestures, but Richard and his partner chose to accept a £200,000 offer from tough-talking Duncan Bannatyne in the largest deal made by a single dragon since the show began in 2005.
Since its launch in October 2009, the wand, which retails at £49.95, has been snapped up by 70,000 customers in more than 70 countries around the world.
During the visit, Richard, who now lives in Cambridge, turned the tables on budding entrepreneurs at Wisbech Grammar School and put them in the hot seat to grill them on their business plans.
Members of the school’s Young Enterprise company, Chameleon, gave a presentation to the inspirational past pupil.
He also told sixth form business students about how he set up and runs his award-winning Wand Company.
Richard was genuinely impressed with the entrepreneurs who made their pitch to him during the visit.