What do you have for breakfast? A fry-up? Two double espressos and four cigarettes? Or a bowl of foul-tasting gruel with doubtful health benefits? Well, if you had the chance to eat this morning then you should be grateful. After all, there are people out there who don't always have the luxury of food first thing - and I'm talking about the 11 best brown-nosers in business, who this week were prised out of bed before 6am and whisked to the IMAX in order to suffer a ten-minute rally cry from twin-deck VCR magnate Sir Alan Sugar and the strands of All Bran caught in his facial hair.

But why the IMAX? Well, at 1500 square meters, the billboard outside that nobody noticed is one of the largest advertisement hoardings in the country – and yet again, Sir Alan requires the biggest crowbar in Britain to make the location relevant to the chore ahead.

"I've come up with a brand new breakfast cereal", a fifty-foot Mr Twit snarls from his place on the IMAX screen. No you haven't, chum. You've just got your between-stairs maid to Dyson out the kitchen cupboard and drench whatever she collected in some gold top, so you can masquerade it as nourishment for commoners. You've no more invented a cereal than I have. Still, I doubt that's the end of it. I await breakfast goods invented by other past and present members of the world's business elite (Anita Roddick's untested-on-animals mixed grills? Larry Flynt's 'Porn Flakes'?) with a heavy heart and a sack of Immodium.

To cut a long brief short, this week the teams must each develop a brand name, a character and an advertisement for Sugar's swill. And the most boring feature ever broadcast in 48 frames per second is livened up considerably when Nick and Margaret lurch out of the shadows like ruffian fairground children trying to liven up a ghost train. "Ignite, I'll be following yo-o-o-ou", moans Nick, before disappearing back into his his cloak. "And Empire, I'll be following you", warns a shrill Margaret Mountford, before closing her ice blue eyes and vanishing in the darkness. Brrrr.

- Read part two of Joe's blog >>