I would pay good money to see a hidden camera version of this show... the behind the scenes shots, the rude comments between pitches, the sharks real thoughts and just how all the sharks interact outside of the edited clips we get.
Why would the sharks agree to be filmed in secret like that and aired on TV all they would have to do is watch the first episode to find out. Most of those "Hidden Camera" shows are fake for this very reason.
@@Dean-oh4pi The sharks are so shrewd, they figure they can handle Steve's conniving when partnering with him. Also they covet his talented Tech team employees which could be better to their own tech teams. But Steve weasels out of most of the deals he made on the shows like Mark Cuban used to do until they all embarrassed and outed him.
@@jppatra5739 nothing about this is relatable you muppet, India probably has more physical stores or lack or govt. restrictions compared to Australia or COVID deaths to population ratio. Now go listen to dhruv rathee so you can ignore facts or reality & get your daily demoralizing on India bad. Also let me know how white peoples feet taste.
Yes!!! Omg. I was just going to comment that and saw that some people weren't. But I'm glad you said that. I can't believe she said her business isn't like Tupperware. Then right after she tried to spin her business a different way but it sounded like her consultants were running parties...she just didn't say it that way.
I thought so too but the people that sell the products aren’t forced to sign up and rope in other people and then have those people rope in more people. They just sell products and then the company takes a commission.
@@nntflow7058 you can have an MLM with a useful product. it would be an MLM if the single moms recruited others to sell the products and took a cut from them.
*Business -* goes -1% *Janine ~* This is End it fell Apart. *Retail -* Goes down 35% *Janine ~* Not going anywhere, Marketplace Change, we have to change with it.
She wanted to expand into the US... she knows andrew has the best connections there. That's why she had him at the top. Although steves offer was at #2.
if she was so confident in her business, she shouldve took the 250k for 20%, paid back 625k and let him fall to 5% thus keeping 95% of her company in perpetuity after having a shark help her grow. I guess her logic was with that model, the shark doesnt really care how big she grows cuz theyre more focused on getting their 2.5x return and the 5% is more or less a "just in case it goes big". While a partner that owns 30% will grind that much harder and focus a lot more on growth of the company and brand.
Even if she is confident, the deal steve made is a rip off. 250k and then return his investment plus a 150% return or effective 30% annual return in 3 years and willingness to drop at 5% means he is not interested and purely finanical vehicle Ill just go to the bank get 250k, pay interest of 10% and after that no equity for the bank to even eat if its money im after. She is looking for a strategic partner not a financial partner and even more so not a financial partner who will rip you apart
this says alot of who is gonna make the money from all those facebook mums, who appear in local groups, trying to sell baby stuff, make up, or tupperware, cos best I can tell, that is what his business is. Having a Shark, should at leas stop it from becoming a pyramid scheme. I guess the question I would ask is, what is the churn rate on the sellers.
I totally agree this definitely could get into the pyramid realm without the right guidance. Also churn rate sounds like a term thrown around in a Ben and Jerry factory.
The churn rate has everything to do with keeping product innovation and merchandising fresh, while also teaching your sales force how to think like entrepreneurs beyond their relationship with the company.
@@oxydreamer this is a polished pitch no question, but something like this, can very quickly become a pryamid scheme, if she trys to grow her consultant base, with the help of her consultants, then thats it pyramid scheme achieved.
So she “created” a pyramid or multi level marketing scheme? Although this isn’t as bad as the Irish version of the show. A lot of already existing ideas being brought forward.
Shaking hands in presence of witnesses may be recognized as a “handshake deal”, and be legally binding; that’s why they never actually shake hands I thought…
Steve welched and would not cut any check or furnish any help on almost every single deal he made over the years on this show depriving other sharks and all the struggling entrepreneurs. I feel it is reprehensible & revolting. He has always been known as beyond crooked by everyone who works with him. You can see him stealing products on countless of these episodes.
@@chuckbecker8735 most deals on all these shark tank/dragons den shows fall thru, production teams have admitted they dont have the time to do full due diligence on businesses before they go on the show
And with regards to the brick and mortar stores....most consumers now purchase from Amazon or another online source.....but there is a truth in the value of having high street shops...perhaps consumers want to go see, inspect and feel a sofa, or a bed before buying...so perhaps the future is aimed at large consumer goods on the high street / physical stores...and rest small consumer goods will be sold via Amazon or similar online marketplace.
Sadly, what most do is view an item in store and then search online for a better price (myself included). So brick and mortar stores end up being essentially demo units for online sellers. Physical stores, with the exploding cost of property will never be able to compete on price with a fully online structure.
wrong... she said "we hit a million dollars last year"... that could also mean total sales over the life span of the business. you're a gamer, you should be good with details.
This lady already had her mind of growing towards US market and that's what Andrew is a door to....that's why she was prepared to accept any offer that is going to facilitate such scaling of her business ,Andrew did hence got accepted.....
So this is the same as SMC which was a big deal decades ago. You buy products from a warehouse and then sell them anyway you want. Do home shows, swap meets, whatever. Locally there was a person who always advertised a garage sale except the stuff was all from SMC. The problem: Unlike Tupperware and Avon, there were no territories. So you could easily have multiple people within a certain area trying to sell all the same stuff. It also had a Multi Level Marketing feature which screwed a lot of people over as well.
janine there not slowing down you have to adapt and change, Yes i believe the saying is adapt or die! which is exactly what a lot of brick and mortar stores are doing, Dying!
A revenue multiple of 1 ? Wow . Is that common for distribution companies ? I guess because her company doesn’t really have IP or assets. Maybe just some exclusivity
It is great to see women entrepreneurs making so much progress in the news for their innovative products and their ability to grow multi-million dollar companies in a very short period. There are more and more women who are becoming the breadwinner of their families because of business success. This is a very positive development that reminds us of how far we have come as slightly enlightened society in overcoming gender discrimination.
So many women are bread winners that aren't heard about because they don't need a tv show to solidify they position 🤔 saying what u do simply because its not heard about is crazy I could give about 40 different things where women are millionaires and are known or not known
Surprised how greedy and rip off steves offer: He said 250k for 20% but valuing your business at 5m. Yeah right he is valuing her business at 5m ONLY AFTER steve have recovered his investment by which he has no risk already, and after he made 150% return in 3 years or 30% effective annual return on his money. Well its always easy to value peoples business at high prices when you are not putting your money anymore eh? If its money she needed why dont she just borrow from a bank and pay 8% interest and after that the bank is out, not even taking any equity I would be offended to been offered that kind of deal by Steve, not really interested in being part of the journey by dropping down to 5% after he had derisked himself fully plus an advance 150% return and all in 3 years wow just wow with the rip off
two sharks not wanting to work together or willingly put their differences aside so that the entreprenuer maintains majority of the ownership. not very profressional
Don't understand why all sharks on any country's show ask a lame question. Tell me where do see this in few years?? Like wtf it's a HR Question where do u c urself in five years.. If anyone knows then why d fk would they come here.. Yes everyone makes projections and all but no one knows the future.
SMART BUSINESS [EOPLW WOULD ASK THE TIGHT QUESTIONS AND WOULD HAVE REALIZED IT AN MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM..
To all wondering how this is doing... Its worth 48 million dollars right now
HOLY SHIT! Thanks for the update
makes sense, multi level marketing makes a ton of money, but it completely fucks the "consultants". MLM should honestly be illegal.
I just cursed in astonishment in both hindi / english / punjabi on hearing this valuation!
How do you find out how much it is worth?
It's an MLM scam
I would pay good money to see a hidden camera version of this show... the behind the scenes shots, the rude comments between pitches, the sharks real thoughts and just how all the sharks interact outside of the edited clips we get.
Why would the sharks agree to be filmed in secret like that and aired on TV all they would have to do is watch the first episode to find out. Most of those "Hidden Camera" shows are fake for this very reason.
No you wouldn't want that
Steve looting the products and displays cracks me up every time.
I feel it is reprehensible & revolting. He has always been known as beyond crooked by everyone who works with him
@@chuckbecker8735 than why would they work with him? The other sharks
@@Dean-oh4pi The sharks are so shrewd, they figure they can handle Steve's conniving when partnering with him. Also they covet his talented Tech team employees which could be better to their own tech teams. But Steve weasels out of most of the deals he made on the shows like Mark Cuban used to do until they all embarrassed and outed him.
LoL
Andrew would always be my choice. Well-connected, experienced nice guy
And he has the US exposure.
Andrew and Steve made this show. Shark AUS is incomplete without them
He is the unspoken mediator even after being called out for it, he just ignored it and everyone went back to normal lmao
Agreed 🤝
Even steve
Lets be honest, when Andrew makes an offer, which is not often, you take the deal.
Its a tv show how gullible are u
@@davidgray7907 the show aint scripted? what did you smoke lmao
@@davidgray7907 calling someone gullible for giving an opinion on a show about investing just because it’s a show? What?
@@davidgray7907 Exactly, just do an "agreement" for the cameras
Shark: “oh come on, brick and mortar stores aren’t going away...”
Covid 19: “hold my beer”
So relatable when you are from india
Remember that this episode is before covid-19. Shark Tank Aus finished transmission by 2018.
Government restrictions*
As a small business owner, they are always doing all they can to get rid of brick and mortar stores.
@@jppatra5739 nothing about this is relatable you muppet, India probably has more physical stores or lack or govt. restrictions compared to Australia or COVID deaths to population ratio.
Now go listen to dhruv rathee so you can ignore facts or reality & get your daily demoralizing on India bad.
Also let me know how white peoples feet taste.
Steve never asked her "mate, where are you from".
Woah! I didn't even notice...Is this a first!?
This show doesn't hold a shot for longer than 3 seconds. Sorry for pointing that out, now you can't unsee it.
Sometimes they make it to 3.5
Fuck ! You had to say something ! Lmao good call though. Nice catch.
Lol
and now i cant un see it lol
Except from 0:22 - 0:29 lol
So nice to see that a lot of commenters are pointing out that this is an MLM! It’s surprising that any sharks would invest in something like this.
Yes!!! Omg. I was just going to comment that and saw that some people weren't. But I'm glad you said that. I can't believe she said her business isn't like Tupperware. Then right after she tried to spin her business a different way but it sounded like her consultants were running parties...she just didn't say it that way.
I just realized, this was uploaded a few minutes ago (was binge watching the channel)
Lol same 😂
Mee too buddy 😀
Same here Sheffield uk 😂👍
Just saw your reply and I was amazed.
Same !
Sounds more like an MLM operation.
I thought so too but the people that sell the products aren’t forced to sign up and rope in other people and then have those people rope in more people. They just sell products and then the company takes a commission.
But the products actually useful and works. That's the difference.
@@nntflow7058 you can have an MLM with a useful product. it would be an MLM if the single moms recruited others to sell the products and took a cut from them.
Exactly what I was thinking, if she came into the Den with this business I think she would be shunned by Peter! Lol
*Business -* goes -1%
*Janine ~* This is End it fell Apart.
*Retail -* Goes down 35%
*Janine ~* Not going anywhere, Marketplace Change, we have to change with it.
She wanted to expand into the US... she knows andrew has the best connections there.
That's why she had him at the top.
Although steves offer was at #2.
if she was so confident in her business, she shouldve took the 250k for 20%, paid back 625k and let him fall to 5% thus keeping 95% of her company in perpetuity after having a shark help her grow. I guess her logic was with that model, the shark doesnt really care how big she grows cuz theyre more focused on getting their 2.5x return and the 5% is more or less a "just in case it goes big". While a partner that owns 30% will grind that much harder and focus a lot more on growth of the company and brand.
Even if she is confident, the deal steve made is a rip off. 250k and then return his investment plus a 150% return or effective 30% annual return in 3 years and willingness to drop at 5% means he is not interested and purely finanical vehicle
Ill just go to the bank get 250k, pay interest of 10% and after that no equity for the bank to even eat if its money im after.
She is looking for a strategic partner not a financial partner and even more so not a financial partner who will rip you apart
@@csanton3946 I agree. Like I said, a 30% partner will be much more focused on growth also since they own 1/3rd
Steve offered no involvement with the Business and just offered Money.
Haven't seen a new one in a while
Honestly sounds kind a MLM. wonder if they asked how many consultants make actual consistent profit
Exactly. Nothing but an MLM referral based company.
Exactly my thoughts as I was listening to her
Lulu Lemon, anyone??! 🙄
Andrew is the funniest shark and very well mannered! You the man Andrew!
She had done her home work. Really good 👍👍
How long have you been paying attention to the author?
MLM
Steve with the Shusher🤣
Also Andrew didn’t even think he was gonna get it lmao
That Baby Shusher would be way more effective if you could record custom sounds tones or voices to play on repeat
this says alot of who is gonna make the money from all those facebook mums, who appear in local groups, trying to sell baby stuff, make up, or tupperware, cos best I can tell, that is what his business is. Having a Shark, should at leas stop it from becoming a pyramid scheme. I guess the question I would ask is, what is the churn rate on the sellers.
I totally agree this definitely could get into the pyramid realm without the right guidance. Also churn rate sounds like a term thrown around in a Ben and Jerry factory.
The churn rate has everything to do with keeping product innovation and merchandising fresh, while also teaching your sales force how to think like entrepreneurs beyond their relationship with the company.
if the salesman are not taking a cut from others that they recruit, it can never be a pyramid scheme
@@oxydreamer this is a polished pitch no question, but something like this, can very quickly become a pryamid scheme, if she trys to grow her consultant base, with the help of her consultants, then thats it pyramid scheme achieved.
@@oxydreamer but why bother to recruit, someone in an area local to you, if you dont get a cut? That other person is your competition.
So she “created” a pyramid or multi level marketing scheme? Although this isn’t as bad as the Irish version of the show. A lot of already existing ideas being brought forward.
None of the sharks brought up the fact that she started a multi level marketing business or MLM that’s essentially a pyramid scheme with extra steps
Yes exactly! I knew right away it was a pyramid scheme
It's so nice how they all get up at the end to congratulate the entrepreneur. That doesn't usual happen in the US version.
Usually*
I've noticed they often edit not showing Steve shaking their hands.
I wonder why.
Shaking hands in presence of witnesses may be recognized as a “handshake deal”, and be legally binding; that’s why they never actually shake hands I thought…
Steve welched and would not cut any check or furnish any help on almost every single deal he made over the years on this show depriving other sharks and all the struggling entrepreneurs. I feel it is reprehensible & revolting. He has always been known as beyond crooked by everyone who works with him. You can see him stealing products on countless of these episodes.
@@chuckbecker8735 most deals on all these shark tank/dragons den shows fall thru, production teams have admitted they dont have the time to do full due diligence on businesses before they go on the show
@@lruddy8820 Yes. I had read a review claiming 10% -30%, depending on the country, fall thru
@@chuckbecker8735 its the other way around 10-30% actually receive money from a shark/dragon
Not too sure how I feel about the Atom Bomb shaped 'baby shoosher" that literally just plays a recording of someone going "sshhhh" 🤔🤯
I know how I feel about it. She is impressive; the product is not.
Oh it one of you Driscoll boys again I thought you and your boys were gone in Red Dead 2
And with regards to the brick and mortar stores....most consumers now purchase from Amazon or another online source.....but there is a truth in the value of having high street shops...perhaps consumers want to go see, inspect and feel a sofa, or a bed before buying...so perhaps the future is aimed at large consumer goods on the high street / physical stores...and rest small consumer goods will be sold via Amazon or similar online marketplace.
Sadly, what most do is view an item in store and then search online for a better price (myself included). So brick and mortar stores end up being essentially demo units for online sellers. Physical stores, with the exploding cost of property will never be able to compete on price with a fully online structure.
Soooo it's a MLM
Steve shushing Andrew with the Baby Shusher product!!
😅🤣😂
Andrew knows the best deals.
Why am I surprised when they say they really want it in america.
The comment about Brick and Mortar not going anywhere didn't age well with covid lol
Andrew was an excellent choice!
Entrepreneur: Last year we made 1 million turnover
Janine: In ☝🏽year?
Me: Yes Janine! 🤦🏽♂️
wrong... she said "we hit a million dollars last year"... that could also mean total sales over the life span of the business.
you're a gamer, you should be good with details.
@@Tyshkevich yea I thought that was a very fair point to clarify! Big difference between a million in 12 months and a million in 10 years!
WHAT IS THE NET PROFIT? Was that even mentioned???!!!???
Naomi "I don't have babies, I'm out".
Hard to understand the viability of any investment since there is no IP, no barrier to market....could be easily replicated...
It's an MLM. She gets rich, all the women caught in the pyramid scheme get fucked hard
She is actually a shark in the US version: Lori Greiner.
Andrew is the right guy.
She suprised me!
She is very good!!!
This lady already had her mind of growing towards US market and that's what Andrew is a door to....that's why she was prepared to accept any offer that is going to facilitate such scaling of her business ,Andrew did hence got accepted.....
.............
Consultant model is lowkey pyramid
Reverse funnel
A pyramid is when you add people do the same thing as you after joining. Not selling the product
Meanwhile Janine is over here selling franchises... "I don't like the consultant model"
Rare scene where Steve doesn’t ask where their from
Steve's my favorite
Red ballon was intrested.
3:49 - 4:15 so wholesome👌🏼
Finally more videos again
I have one and so do a lot of people I know, never knew it was from shark tank!
Tell me you're an MLM company without telling me you're an MLM company
I just loved Steve.
You can literally get free apps that do what that Shusher does… I had one 8 years ago for my kid!
That shusher is fucking magic I have 2 for my kids
So this is the same as SMC which was a big deal decades ago. You buy products from a warehouse and then sell them anyway you want. Do home shows, swap meets, whatever. Locally there was a person who always advertised a garage sale except the stuff was all from SMC. The problem: Unlike Tupperware and Avon, there were no territories. So you could easily have multiple people within a certain area trying to sell all the same stuff. It also had a Multi Level Marketing feature which screwed a lot of people over as well.
Any way is two words
janine there not slowing down you have to adapt and change, Yes i believe the saying is adapt or die! which is exactly what a lot of brick and mortar stores are doing, Dying!
I can’t believe no one in the show and few in the comments pointed out this being an MLM scheme
What an interesting way to describe an MLM bussiness, i wonder if she underpays her staff.
It's a reverse funnel
So it’s an MLM? Lol
Steve always makes an offer. How much does he have!!
He must have a lot, since lately he is always rejected 😅
Naomi and Janine are the ones getting picked more often, so they can't make as many offers.
If i was her i would choose andrew aswell some people just have that personality that u get positive vibes
Andrew Al Pacino is the Best!👍🏻
That shusher would bring in so many barn owls
The thing I dont like about the Aussie version is they always all offer the same deals…
I like it that way, you dont have bidding wars over who bets to invest
well played out of all the sharks i think andrew is clearly the boss of this place
Its a tv show lol how gullible are u
Nice
Anything that shuts Glen up im in
Andrew is so funny!!
Oh, stores are falling down...
The cobra group comes to mind somehow...
A revenue multiple of 1 ? Wow . Is that common for distribution companies ? I guess because her company doesn’t really have IP or assets. Maybe just some exclusivity
Businesses aren't valued on revenue. Its based off net profits before taxes
It is great to see women entrepreneurs making so much progress in the news for their innovative products and their ability to grow multi-million dollar companies in a very short period. There are more and more women who are becoming the breadwinner of their families because of business success. This is a very positive development that reminds us of how far we have come as slightly enlightened society in overcoming gender discrimination.
So many women are bread winners that aren't heard about because they don't need a tv show to solidify they position 🤔 saying what u do simply because its not heard about is crazy I could give about 40 different things where women are millionaires and are known or not known
Whats interesting about whats between these peoples legs?
Am I wrong or this an MLM?
Naomi meant to say she is the only one with a tail.
Shark - I like your idea and i think that i could get good returns on my investment but i dont have a baby and for that reason i'm out.
How does $200k for 20% work out at a value of $5million? Or am I just being really dumb?
The shhh-er seems psychologically tormenting. And this seems like a mlm
Sorry Niomi! Maybe she doesn’t like red👀
5:00 So... is your three year projection 4 mill? 6? or 10? Pick one!! 😮🎉 And, yes, your consultants are "Tupperwares"... LOL!
HV ALLLLLLLLL HER CONSULTANTS,,,,,,,,,,,,,INVEST 1K EACH?
Sounds like Avon
Blegh MLM style is just gross. Just build a store and an online presence.
Wouldn't this be multilevel marketing? Aka pyramid scheme....?
Jenny : I woked up today, and for that reason i`m out !
A for effort, but you posted this on an Australian Shark Tank video instead of Dragons Den. Better luck next time though
Retail has future. Women are dead unhappy having to buy fashion online. FACT.
Well... I mean... The brick and mortar stores are still there technically...
Wow i couldn’t invest in an MLM and sleep at night lol.
Lovely natural to the point love Australian shark tank's 🦈 😍
Steve is a big kid ahahahhahahahahaha
best one yet ,,,wow she is very deserving. Well done Caro.
Its a pyramid scheme
Damn she fine
Surprised how greedy and rip off steves offer:
He said 250k for 20% but valuing your business at 5m. Yeah right he is valuing her business at 5m ONLY AFTER steve have recovered his investment by which he has no risk already, and after he made 150% return in 3 years or 30% effective annual return on his money. Well its always easy to value peoples business at high prices when you are not putting your money anymore eh?
If its money she needed why dont she just borrow from a bank and pay 8% interest and after that the bank is out, not even taking any equity
I would be offended to been offered that kind of deal by Steve, not really interested in being part of the journey by dropping down to 5% after he had derisked himself fully plus an advance 150% return and all in 3 years wow just wow with the rip off
Janine is more in favour of creating stores like betty's burgers that provide the least amount of value possible.
two sharks not wanting to work together or willingly put their differences aside so that the entreprenuer maintains majority of the ownership. not very profressional
Looks like Jennys OUT again.....
She said American market haha. Andrew will win every time
Don't understand why all sharks on any country's show ask a lame question. Tell me where do see this in few years?? Like wtf it's a HR Question where do u c urself in five years.. If anyone knows then why d fk would they come here.. Yes everyone makes projections and all but no one knows the future.
her ankles must be dying.
SMART BUSINESS [EOPLW WOULD ASK THE TIGHT QUESTIONS AND WOULD HAVE REALIZED IT AN MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM.. MLM..