@@Superlegalyutube He could never stay in the black well enough to pay back 400k annually with a 5% apr AND build 8 hotels from the ground up. it's just like a default on a bond where you may get coupon rates off your investment but the company goes under before you get your yield maturity on the bond.
What I really like about Steve is that he very often sells the other sharks to the entrepreneurs by highlighting what the other can do. He might be a bastard sometimes but I genuinely believe he has the founders best interests at heart and he really appreciates his colleagues
Yeah, he's a bit of an emotional prick at times, but the more I watch, the more I respect him for being honest. He's always straight up about his thoughts, at 24:30 he even called the brunette out on her BS. It makes sense why she said that, but it's also playing directly against the entrepreneur.
The fact that those women couldn't see for themselves that $10M was a ridiculous evaluation before they even got there tells me they don't have a head for business. I love their product but I do think it's a bit pricey at $249
in his defence, he probably just based it off predicted sales those ladies gave him. If they told him they were for sure going to be doing huge numbers soon, maybe even included that investment already, the valuation might not be that bad (assuming they promised him their predictions were accurate)
A lot of the people on this show have ideas that can make them millions. They prove that someone like me can become rich. But I'm very unproductive and lazy, and for that reason, I'm out.
No the problem is is that they never put the work into it and they'll come on there with an idea instead of a pitch you need sales to backup your business you can't just come on they're hoping that someone will give you millions of dollars to be paid back decades in the future Maybe
I honestly think most of us who only watches these episodes regularly have a better understanding about reasonable valuations than these people who own the businesses..
Janine‘s hairdresser was probably cringing behind the scenes when she watched that woman slather her roots in hairspray and then fry them to a literal smoking crisp with her square shaped crimper. 😂
I was thinking that you litteraly are able to do that with a normal hairspray and hot iron and get the exact same results. Aren't you? I don't see any difference here.
@@wioi her hair was terrible so she doesn’t take care of her hair. I have fine hair but its past my waist & i would never ever put anything on the roots that burn it. Awful product def not good for your hair.
Any reputable hairdresser will not spray hairspray BEFORE applying heat. What can be used, however, is a HEAT PROTECTANT SPRAY. Any sizzling is a bad sign. I am a trained hairdresser, I don’t practice anymore, but any hairdresser worth their money knows that.
@@B_Bodziak what's wrong with long hair? I grow my hair down to my lower back, then have it cut to donate it to have wigs made for cancer patients. I've done this for 20 years now.. I don't see the problem with long hair, as long as it is washed with a good shampoo regularly & taken care of.
@@susananderson1071 There are 10,000 possible combinations that the digits 0-9 can be arranged to form a 4-digit pin code. No one has the time or patience to figure that out. The only way for someone to get the pin number is to hack the database, again chances of that happening are super slim. Not to mention after every stay, codes would be reset via a random number generator. You are honestly more likely to lose your key card then have the pin code stolen.
Who the hell is going to go through that hassle, your not going to have Rupert Murdoch staying there for the night. Just a bunch of tourists and people of the community at best.
Not always, they got offended cause someone who was making more than they do was pitching and none made an offer because of it then they are making less than him.
The party guy was partially right about one thing. Many people do want to visualize and see items they’re looking at picking. I def am one who likes going to party stores to get a better idea of how something looks because internet pictures can be misleading. If they set up a lot of displays for different themes I think it would actually get people to buy more items because they fall in love with the over all look which can’t be achieved with only a few items. Plus people def prefer trying on costumes before buying them.
After the show, her plane finally arrived. She stopped a cab and quickly hurried to the shark tank. The show has almost ended, hopefully the entrepreneurs are still there. Barbara really wants to make sure they know she's out.
I still respect these pitches because it takes GUTS to make a business, pursue a dream. It doesn't always work out, but at least these guys tried, and I'm sure they will make it some day. Kudos for trying
Bro I totally agree but sometimes there so many cocky people who just ruin the show . I ask you to go see the psychic episode just type psychic and shark tank austrailia and you will be amazed how shit that was and stil it got funding
Or take a craft that you're good at get some of the things you need even if it's one piece at a time and build an Empire without a bunch of accountants in Banks. I started a landscaping business with a couple of hand tools in my pickup truck. Now I have all the equipment I need all the tools I need and I'm very very busy making very good money tons of people said there was no way
I want to open a dollar store. I sold 10 items. I want hmmm...10 million pounds. Shark: "Do you know your evaluation really should be $10, not 10 million." Shark Contestant: "Yes"
Also, the valuations! In the US they hear something like "5% for 500k valuation 10M" all the time and they take it serious, but in this one they goes nuts when the valuations are too high
@@keysersoze9040 unfortunately they had a super high evaluation with nothing to support it. Not even the data the accounts used to formulate the value. So it's the high dollar amount combined with the lack of preparedness, which makes it just fantasyland
Ladies, find a manufacturer that will make the volumizer at a great price and will be meet high volume demands, then have QVC market it. Get it in the higher end shops, get it on beauty supplier shelfs. I would buy one, I think its a good product. But the valuation that was given you is way off.
I really dig the fact that the Aussie sharks are non-sensational and matter of fact when discussing why they think a business won't in contrast to their British and American counterparts who try to humiliate contestants at every opportunity.
honestly the hot teaze is genius!! I'm a bridal hair stylist and use a micro crimper for volume under the hair. I bet that would be better. She needs to find a way to lower the price, It needs to be around the 100-120 dollar range.
Why don’t these sharks make counter offers??? In the US version they always make counter offers if they like the product and evaluation is to high they hit them with what they would like to receive for there money. Take for example the Party people guy, if you don’t like the percentage for the amount offer the same amount for a higher percentage. Or a lower amount for the same percentage. These Australians baffle me.
Surely the sharks could easily make a counter offer with a more sane evaluation, if they wanted to invest. In a way, they gaslighted those two hair ladies
If you go to an investor with an insane valuation, it just tells the investors that you don't know how to run a business. Plus, there was no proof that the product can sell. Just selling 208 of those isn't enough. There's too much risk involved.
I’m a trained hairdresser, and I would not try to sell it to my clients. I don’t even practice anymore, so the only clients I have are my sisters and all of our partners. And I would NOT spray hairspray literally on the root and then apply SIZZLING HEAT onto it directly. Wouldn’t recommend. You would be killing hair from the root directly. Hair that has grown out is usually dead hair, can be maintained and kept healthy, but the ends should be chopped off every so often depending on how often you treat it with heat, how healthy it is in general (colour treated hair, bleached hair, etc.), the natural elasticity and thickness (fine hair is more prone to heat damage that can remain hidden due to lack of texture, but COARSE hair is more prone to VISIBLE frizz/damage quicker.) No root damage is worth the volume, sorry. And there’s absolutely no way to fix it if you burn it off (which is what the sizzling is). Heat protectant can be sprayed before heat treating, but it needs to dry. Hairspray before heat? (A LIGHT spritz can be used, yes, but never on thick/coarse hair as it dries it out more, but it needs to dry before any straightener/curler is used) Without allowing it to dry first? Oh baby girl Janine rush home and deep condition your hair.
This is crazy. Do they not know about AirBnB? I hate meeting the owner/caretaker. All I want is a pin in a txt message when I get somewhere and to leave whenever I want.
I think sharks arent quite familiar with this idea of pulse. In fitness industry its quite big. Lot of pro level bodybuilders use this nowadays to stimulate their muscles using pulse patches. They suite is more sturdy looking.
This is my favourite show. It is so inspiring especially when we see different ideas. It's all about ideas and investments. So glad we have Shark Tank India too
The ladies also didn’t say exactly why their spray is worth buying. Can anyone use the hairspray they like and use the tool to volumize their hair? Most of the time, things like this, people don’t need to buy the company’s hairspray, but sometimes products/machines don’t work well without the both. Also, people need to stick with purple, black, or blue and stop putting pink on everything for females. If it’s for females, then I’m thinking where’s the pink. Saying a product is for women (when men can use it and would use it), means that it’s gotta have pink and a lot of times the pink tax (costing more than men or unisex version just because it’s for females). That product is way too pricey. It’s still gonna cost a lot even in usd. Yes Dyson is pricey, but almost every other company Dyson is competing with any of their products are cheaper, great quality companies.
It’s all fun and games until Steve closes his notebook😂
Haha for real
Or scratches a line on his paper
Very true!
Steve always looks confused or agitated
@@WhoIsAmaze pppp
The first guy "I want 2 million dollars" a single cardboard slide for pitch lol :p
2 million dollars loan. If he stays afloat for 5 years it's free equity.
@@Superlegalyutube He could never stay in the black well enough to pay back 400k annually with a 5% apr AND build 8 hotels from the ground up. it's just like a default on a bond where you may get coupon rates off your investment but the company goes under before you get your yield maturity on the bond.
@@1AmWhatever that's true
@@1AmWhatever shit dude, that’s a lot of detailed quality info for a TH-cam post, good on you sir 👍🏻
Viable Citizen brain
What I really like about Steve is that he very often sells the other sharks to the entrepreneurs by highlighting what the other can do.
He might be a bastard sometimes but I genuinely believe he has the founders best interests at heart and he really appreciates his colleagues
Hes personality still sucks. Imagine working with him
@@babbler1488 I mean I can imagine he is a smart ass bastard and will point out any mistakes the pitch has
Yeah, he's a bit of an emotional prick at times, but the more I watch, the more I respect him for being honest. He's always straight up about his thoughts, at 24:30 he even called the brunette out on her BS. It makes sense why she said that, but it's also playing directly against the entrepreneur.
He's the Aussie equivalent of mark cuban
THEY ALL DO IT FOR EACH OTHER PLUS IF THEY WOULD GOOGLE IT THEY WOULD KNOW WHO DOES DONT YOU THINK ??
I have been addicted to watching this for the past month, idk what it is!! Anyone else?
Me too me too... but besides all that stuff.... Get a look at you👀 how YOU doing?🤣
Demn u girl same
It's addictive
I'm just messing with ya....kinda😁
Got to watch the UK one. Its more serious and the investors are better.
I feel you...
100% the same for me
Imagine being the guy who gave them the 10 million dollar estimate and being the sole reason why sharks said no
Ik🤣
The fact that those women couldn't see for themselves that $10M was a ridiculous evaluation before they even got there tells me they don't have a head for business. I love their product but I do think it's a bit pricey at $249
It's hard to imagine being that stupid, and im already pretty stupid
in his defence, he probably just based it off predicted sales those ladies gave him. If they told him they were for sure going to be doing huge numbers soon, maybe even included that investment already, the valuation might not be that bad (assuming they promised him their predictions were accurate)
They were probably there for free advertising. They didn't want a deal.
A lot of the people on this show have ideas that can make them millions. They prove that someone like me can become rich. But I'm very unproductive and lazy, and for that reason, I'm out.
Lullzzz xD
No the problem is is that they never put the work into it and they'll come on there with an idea instead of a pitch you need sales to backup your business you can't just come on they're hoping that someone will give you millions of dollars to be paid back decades in the future Maybe
Me too man, me too
Life is a crock of shit, humanity can't differentiate their ass from a hole in the ground. & for that reason, God, I'm out. *-swallows uranium-*
😂😅😅😅
Oh man the hotel guy.... that was hard to watch. I was struggling big time with second hand embarrassment.
I honestly think most of us who only watches these episodes regularly have a better understanding about reasonable valuations than these people who own the businesses..
Lol😅
It's easy to speculate and be a know-it-all from a couch. Try taking a product on the market and we'll see the song you'll be singing.
lmfao i had the exact same thought watching this
Don't take the english language to market because you butchered it.
Your not wrong
I set my hearing power to 100% when Andrew is talking. He is a wise man and always leaves entrepreneurs with brilliant remarks.
Janine‘s hairdresser was probably cringing behind the scenes when she watched that woman slather her roots in hairspray and then fry them to a literal smoking crisp with her square shaped crimper. 😂
I was thinking that you litteraly are able to do that with a normal hairspray and hot iron and get the exact same results. Aren't you? I don't see any difference here.
@@wioi her hair was terrible so she doesn’t take care of her hair. I have fine hair but its past my waist & i would never ever put anything on the roots that burn it. Awful product def not good for your hair.
@@user-wickedflower Hair past your waist? Eww
Any reputable hairdresser will not spray hairspray BEFORE applying heat. What can be used, however, is a HEAT PROTECTANT SPRAY. Any sizzling is a bad sign. I am a trained hairdresser, I don’t practice anymore, but any hairdresser worth their money knows that.
@@B_Bodziak what's wrong with long hair? I grow my hair down to my lower back, then have it cut to donate it to have wigs made for cancer patients. I've done this for 20 years now.. I don't see the problem with long hair, as long as it is washed with a good shampoo regularly & taken care of.
Imagine the next time these people see their accountants lol
😂 We need to educate our Accountants 😂
I had a dragon's den phase and then all of a sudden now I'm on Shark Tank Australia
true
And for that reason I'm in.
Angry people to sweet clam entrepreneurs
Not many people know about The Vault, which is the Indian version of this show. It can be quite entertaining, they love to haggle.
next year its gonna be shark tank india
He thinks he can give guest service to 8 hotels over the phone. He doesn’t the hotel business from the business side, he knows it from the guest side.
TRUE... :)
Hotel management is more than what the guests see
I would want a key card not a code anyonencan figure out
@@susananderson1071 There are 10,000 possible combinations that the digits 0-9 can be arranged to form a 4-digit pin code. No one has the time or patience to figure that out. The only way for someone to get the pin number is to hack the database, again chances of that happening are super slim. Not to mention after every stay, codes would be reset via a random number generator. You are honestly more likely to lose your key card then have the pin code stolen.
Who the hell is going to go through that hassle, your not going to have Rupert Murdoch staying there for the night. Just a bunch of tourists and people of the community at best.
The Australian sharks are a pretty friendly bunch.
Not always, they got offended cause someone who was making more than they do was pitching and none made an offer because of it then they are making less than him.
@@101Spacetime which episode?
The party store guy has some amazing, memeable up close shots of his face.
Man of culture
YES❣ 🤣🤣
C:
(:
|:
c:
):
/:
:D
:(
:)
I sold lemonade. My stand is worth 3 million lol
I sold over 28 cups!
Steve: "FA-ANTASTIC!"
...
"That sounds like garbage."
LMAO
The party guy was partially right about one thing. Many people do want to visualize and see items they’re looking at picking. I def am one who likes going to party stores to get a better idea of how something looks because internet pictures can be misleading.
If they set up a lot of displays for different themes I think it would actually get people to buy more items because they fall in love with the over all look which can’t be achieved with only a few items.
Plus people def prefer trying on costumes before buying them.
Yuuuuuuuyuyuuuuu
After the show, her plane finally arrived. She stopped a cab and quickly hurried to the shark tank. The show has almost ended, hopefully the entrepreneurs are still there. Barbara really wants to make sure they know she's out.
The look on Janine's face with Glen's joke about hair remover could kill
That 10 million dollar valuation hurt my soul
Mine too 😂 How did they come up with that?
Barbara: I’m American and this is Australia so for that reason I’m out😂
I still respect these pitches because it takes GUTS to make a business, pursue a dream. It doesn't always work out, but at least these guys tried, and I'm sure they will make it some day.
Kudos for trying
Bro I totally agree but sometimes there so many cocky people who just ruin the show . I ask you to go see the psychic episode just type psychic and shark tank austrailia and you will be amazed how shit that was and stil it got funding
“My son got a F on a test today, and for that reason I’m out.”
Condensation from ice buckets....there’s another fix to this, it’s called a towel that every waiter just so happens to carry lol
These people need to LEARN their business numbers and their markets!
STOP depending on accountants and other people to understand YOUR business!
Or take a craft that you're good at get some of the things you need even if it's one piece at a time and build an Empire without a bunch of accountants in Banks. I started a landscaping business with a couple of hand tools in my pickup truck. Now I have all the equipment I need all the tools I need and I'm very very busy making very good money tons of people said there was no way
Andrew and Steve have two opposite ways of talking but both of them are really great and I'm really into hearing them.
Man was looked so awkward standing up there so proud of his idea whilst the Sharks just laughed at his idea.
I want to open a dollar store. I sold 10 items. I want hmmm...10 million pounds.
Shark: "Do you know your evaluation really should be $10, not 10 million."
Shark Contestant: "Yes"
If the dialog got muted and all you could hear was the music while their talking, you'd think were negotiating on how they wanna be murdered.
Love the differences in reaction between the Australian & the U.S Sharks 😂🦈
Yeah, the Australians not invest when is too much money and seem nicer at first glance
Also, the valuations! In the US they hear something like "5% for 500k valuation 10M" all the time and they take it serious, but in this one they goes nuts when the valuations are too high
@@keysersoze9040 unfortunately they had a super high evaluation with nothing to support it. Not even the data the accounts used to formulate the value. So it's the high dollar amount combined with the lack of preparedness, which makes it just fantasyland
Ladies, find a manufacturer that will make the volumizer at a great price and will be meet high volume demands, then have QVC market it. Get it in the higher end shops, get it on beauty supplier shelfs.
I would buy one, I think its a good product. But the valuation that was given you is way off.
they know it was a crazy evaluation, they only used this as an advertisement for their product and sold a lot
She was so mad about her hair lmaooo
I would be too 😭
No she wasn't
That hotel concept where there's no reception and the guest receives an access code to the room is common in Finland.
I really dig the fact that the Aussie sharks are non-sensational and matter of fact when discussing why they think a business won't in contrast to their British and American counterparts who try to humiliate contestants at every opportunity.
Around the 23 minute mark whoever was behind the camera for this show is a genius!
That look is so creeeee pyyyyy
1:00 I don't understand how at the end of his pitch none of the sharks say how it wouldn't cost $2 million dollars to build 8 rooms lol
41:32 He knows his memes!!
Funniest thing said in ST Australia,ever!!
Janine is the type of woman I can see being my sugar momma
yeah
]
y
huge fan
huge ass
huge ]]]]
Yeah but you know she's too classy for you
Naomi be like “(entrepreneur walks in)
-and for that reason , I’m out”
sold 200 buckets and valuation is in millions. wow
She said she could sell ice to an Eskimo and then said I’m not a salesperson 😂😂😂😂
In America the party people is called party city
Same in Canada
16:55 when Andrew was flirting with her was so funny 😂
honestly the hot teaze is genius!! I'm a bridal hair stylist and use a micro crimper for volume under the hair. I bet that would be better. She needs to find a way to lower the price, It needs to be around the 100-120 dollar range.
I have trouble understanding Steve when his accent gets thick
First guy had an amazing idea. But it needs follow through by someone with more experience and an actual set up on a medium scale.
These sharks are soo nice really it's just the way of saying it . Love how they deliver the positive criticism. That's an art really
this show and shows like it show the importance of business management is of greater importance than raw creativity.
No you’re dumb and you’re trying to find an excuse to justify it
@@Crowlo17 justify what?
I immediately thought of hotel hell for the first one
That hair product is funky
Their hair kinda looks bad. Like sex hair. Lol maybe thats what they want
40:13 this is how i write in class when i am half asleep
I watch this version cause its easier on the ears.
Bryce seems like he did less work & research than a middle schooler giving a science fair project yet expects almost 2M$ 🤣
janines dress in the vest tutorial is to die for
40:10 Andrew isnt writing anything xD
Hahahahaha thats me at lectures pretending to digest the information 😂🥺
"Don't tase me bro" I'm dead
This mans face goes ☺😐😦☺😐😦☺😐😦
Party guy really turned down Janine. 🤠
Janine must have been a hairdresser in a past life, because all her offers are haircuts
Crazy thing is I have heard of party people. I was sad they were so far
Australia really needs better Accountants!!
Bryce has a good idea, sadly he wasn't where the sharks wanted him to be
Bryce's is currently worth 470 million dollars today.
There’s no way 😳
Do more long or full episodes!!
The second my hair made that noise... I would have been outta that seat quicker than shit.
Why don’t these sharks make counter offers??? In the US version they always make counter offers if they like the product and evaluation is to high they hit them with what they would like to receive for there money. Take for example the Party people guy, if you don’t like the percentage for the amount offer the same amount for a higher percentage. Or a lower amount for the same percentage. These Australians baffle me.
They either have the same accountant or their accountants had the same teacher😂 For that reason, I'm out!
That lady always wears that red dress and never does a deal.
These people may have left with deals if they had realistic numbers.
My man wanted a shark to help him start his real estate portfolio. Lol
2.6 million for a company that makes buckets for buckets 🙄😂
Took me 28 minutes to understand your comment lol.
@@shoshonesasquatch1642 yea it's wild lmao "invention" 🤣
When Andrew says Bullshit we need to believe it is real Bullshit, cuz he's never rude usually
Thats the power of language the more you say something the less impact it has, and when you finaly say its bullshit, people notice it alot more.
Her hair did look great
It looked really frizzy
Surely the sharks could easily make a counter offer with a more sane evaluation, if they wanted to invest.
In a way, they gaslighted those two hair ladies
If you go to an investor with an insane valuation, it just tells the investors that you don't know how to run a business.
Plus, there was no proof that the product can sell. Just selling 208 of those isn't enough. There's too much risk involved.
I’m a trained hairdresser, and I would not try to sell it to my clients. I don’t even practice anymore, so the only clients I have are my sisters and all of our partners. And I would NOT spray hairspray literally on the root and then apply SIZZLING HEAT onto it directly. Wouldn’t recommend. You would be killing hair from the root directly. Hair that has grown out is usually dead hair, can be maintained and kept healthy, but the ends should be chopped off every so often depending on how often you treat it with heat, how healthy it is in general (colour treated hair, bleached hair, etc.), the natural elasticity and thickness (fine hair is more prone to heat damage that can remain hidden due to lack of texture, but COARSE hair is more prone to VISIBLE frizz/damage quicker.) No root damage is worth the volume, sorry. And there’s absolutely no way to fix it if you burn it off (which is what the sizzling is). Heat protectant can be sprayed before heat treating, but it needs to dry. Hairspray before heat? (A LIGHT spritz can be used, yes, but never on thick/coarse hair as it dries it out more, but it needs to dry before any straightener/curler is used) Without allowing it to dry first? Oh baby girl Janine rush home and deep condition your hair.
#1 rule to go to the Tank is to get the numbers to wow them or else ...!
Their commodities mean Jack *hit otherwise.
Chum
This is crazy. Do they not know about AirBnB? I hate meeting the owner/caretaker. All I want is a pin in a txt message when I get somewhere and to leave whenever I want.
Naomi's favorite words: "I'm out"
Speedfit actually ended up doing great , sharks fucked up that one
I think sharks arent quite familiar with this idea of pulse. In fitness industry its quite big. Lot of pro level bodybuilders use this nowadays to stimulate their muscles using pulse patches. They suite is more sturdy looking.
the 2 one were just crazy
The guy wanting to build hotel huts should call the farmer that makes the plywood type board!! Q
The party guy has cavernous dark eyes. His stare is a bit unsettling.
This is my favourite show. It is so inspiring especially when we see different ideas. It's all about ideas and investments. So glad we have Shark Tank India too
I think the party guy is a cereal killer
These evaluations are Bonkers!!
the hair iron lady was so awkward, i feel sorry for jeaneane sitting there getting her hair ruined! wtf
I want that accountant 😂😀
watched them all , already
Love these shows
best part is steve at 47:31 LOL
Naomi: I am bald I wear wigs, and for that reason I'm out.
Im out hair salon
This video has more commercials than the Legendary American Hero and International Legend, BILLY MAYS.
After the last "I'm out", the volumizer chicks should've turned to camera 2 & said the name of the Accountant and the Accounting firm.
I don't know why, but it looks like Glen belongs in some kind of fitness video 😅
The ice bucket idea was a good idea
Sending love from Vegas! ❤️❤️
lol the sharks here are so polite and well mannered compare the the American version
With the hair, Janine looks like she just came to work after a big, drunken night out
Loved to see some follow ups
The ladies also didn’t say exactly why their spray is worth buying. Can anyone use the hairspray they like and use the tool to volumize their hair? Most of the time, things like this, people don’t need to buy the company’s hairspray, but sometimes products/machines don’t work well without the both. Also, people need to stick with purple, black, or blue and stop putting pink on everything for females. If it’s for females, then I’m thinking where’s the pink. Saying a product is for women (when men can use it and would use it), means that it’s gotta have pink and a lot of times the pink tax (costing more than men or unisex version just because it’s for females). That product is way too pricey. It’s still gonna cost a lot even in usd. Yes Dyson is pricey, but almost every other company Dyson is competing with any of their products are cheaper, great quality companies.