Welcome to EmuTalk! :happy:
The posts in the compatibility thread state that Beyblade doesn't play:-
http://www.emutalk.net/showthread.php?p=210562&highlight=beyblade#post210562
(search Tread for Beyblade for more posts)
Although they do state that you should get at least one Logo (one post says its a movie?) displayed, have you tried running it with the CPU setting at both Interpreter and Dynarec and the display list optimization at both Compile and Interpreter, if you tried all these combinations then i am not sure.
People seem to be having various luck with games that have been shrunk (garbage bytes removed) so if the GCM is smaller than 1.4GB then you may just be unlucky and may have to wait until Dolphin is updated.
NOTE: There is no news to say that the Dolphin team are improving the GCM plugin, so it may not be improved for many releases...if at all.
Cheers,
Fox