her: *earning 35k a month* me: *on the couch watching someone earn 35k*

@ferdinandbeckley1737

4 жыл бұрын

samson lei bruh

@mikeb5352

4 жыл бұрын

The company is getting $35k in revenue-she isn't making $35k a month.

@Robert-cu9bm

4 жыл бұрын

@@mikeb5352 It's more 15k-20k profit.

@mikeb5352

4 жыл бұрын

@@Robert-cu9bm I doubt it. She is buying $1k+ dresses and needs multiples in multiple sizes. Easily $10k or more per style. And styles are constantly changing, so she has to continue buying new stuff every year. And she isn't even paying for a warehouse right now.

@chickengaming6593

4 жыл бұрын

Me over here saving money since Christmas and still has 27 dollars

she: *pitched her business* shark: *pitched her son*

@coldclearblue6350

3 жыл бұрын

Yeah she was impressed with and her and knows she’ll be good for her son. Haha

@hroaktree6379

3 жыл бұрын

Stonks📈📈📈

@booted4658

3 жыл бұрын

Didn't even describe her pitch, smh

@ikit3460

3 жыл бұрын

Son: Pitched a tent

@kathe.o.

3 жыл бұрын

Vamsi, 🤣 so true

$80k for 20% was already such a steal deal which they leveraged it to 40% the moment they realized she has undervalued her offer in 1st place.

@ronazan87

3 жыл бұрын

Sharks for a reason lol

@ava_adamsg

2 жыл бұрын

80k isn’t a lot for 20%. She could have asked 250k for around 25-30

@williamgil2602

2 жыл бұрын

Big dummy dummy doesnt understand that sharks dont just bring cash to the table? They are stating that their network, experience, and resources are worth that much money. Imo the girl got a steal by being able to work with those two sharks.

@LemuriaGames

2 жыл бұрын

This. It was painful to see five adult people tricking a young girl. The deal was already great, and 80k is funny money for an investor.

@rosoladadeeryl

2 жыл бұрын

@@LemuriaGames its not just about the money. It's about the connections and experience. With her age she will learn million dollar lessons from the sharks

why were they surprised that who damages the dresses has to pay for it?? literally every business like that does the same and it's the most logical thing to do

@bvnny1379

3 жыл бұрын

This

@akes9793

3 жыл бұрын

It’s because she said “small fee”, if she said you have to buy it at whole price, it would be no further question.

@yPokeKiller08

3 жыл бұрын

@@akes9793 Pretty sure she meant the original price + a small fee to accommodate for back and forth shipping/insurance.

@sagarboedhan9397

3 жыл бұрын

It sounds easy but it isn't. There are a LOT of little aspects.

@sploofmcsterra4786

2 жыл бұрын

Just the editing probably.

I came looking for actual sharks in a tank and for that reason, I’m out.

@baileyholt925

3 жыл бұрын

Your my new bestie. That comment made me laugh so hard

@PhanyPacker

3 жыл бұрын

@@baileyholt925 right I’m like girl shut up 😂

@randomnetizen3681

3 жыл бұрын

😂😂😂

@mld5614

3 жыл бұрын

You can only found them in the sea

@violetjane1076

3 жыл бұрын

Me too I thought they meant the real sharks. And as soon as I didn't see anything sharks I left.

“I’m just like any other 20 year old girl” - everyone who is not like other 20 year old girls.

@ilan9588

4 жыл бұрын

„I‘m not like all the other 20 year old girls“ -everyone who is like all the other 20 year old girls

@Alex-yz8gm

4 жыл бұрын

@@ilan9588 "I'm not like everyone who says theyre just like all the other 20 year old girls" -everyone who says theyre not like everyone who says theyre just like all the other 20 year old girls

@DietscheMejal1

4 жыл бұрын

Christopher Rule every other girl: “iM nOt liKe oTheR giRlz”

@jocelynjuspandi8115

4 жыл бұрын

She definitely way too smart and wise for a 20 yo! 🔥

@forestbathing4443

4 жыл бұрын

20 going on 55.... Is soooo Practical ~ I just love it. And omg she is brilliant.

I feel bad for the models...they just awkwardly stand there smiling and watching (edit) thanks for all of the likes 👍

@kevindahlby6779

3 жыл бұрын

Thats what models do, isn't it? 😆

@moreevents4335

3 жыл бұрын

it shows how professional the models are, don't it.

@wood_barrel

3 жыл бұрын

I tried it while I was home alone and I still can't last 2 minutes.

@dynamicheatwave9949

3 жыл бұрын

omg yh they should have been let out lol

@Connor.l5165

3 жыл бұрын

Ikr

Naomi should try this out, might be able to arrive to the tank in something other than that red dress.

@abigailwilson8717

3 жыл бұрын

💀

@irfanraza-lz3ye

3 жыл бұрын

BOOM

@sarahheetz5259

3 жыл бұрын

SAVAGE😂

@LilySalinas11

3 жыл бұрын

Ouch haha

@stanyon

3 жыл бұрын

They have to wear the same each episode for editing purposes

Australian sharks are like dolphins, they are so polite.

@noopplaysgames8162

3 жыл бұрын

They are sharks in disguise though based on the deal she got lol

@a.s945

3 жыл бұрын

Have you ever met a horny dolphin???

@Beerme-pl2ml

3 жыл бұрын

But can kill a crock with a single blow

@hypebunny

3 жыл бұрын

Muhahahah 😂😂😂👍

@mattmason1986

3 жыл бұрын

What if yur a guy wanting a dress

Did some research into what happened after the shark tank deal. Since then her business has grown by almost 100% and she’s made 8 million in renting dresses.

@alannovaes8386

4 жыл бұрын

Colin glad to hear it

@Apeiron2043

4 жыл бұрын

The article says she has rented out the retail equivalent of 8 million dollars. That is very different then actually making 8 million dollars.

@alexvids9232

4 жыл бұрын

@@Apeiron2043 she said its 50% profit so $4,000,000

@white00joe

4 жыл бұрын

AlexVids I think that means it means it would've been 8 million dollars if she were actually selling the dresses. But since she rents them out for about 18-20% of retail cost it would be about $1440000-$1600000.

@rachaeltisor3693

4 жыл бұрын

thanks for researching that. woah

One thing I have noticed, all these young Entrepreneurs or actually all entrepreneurs have a very good relationship with their parents and are obedient. Props to them.

@rattusnorvegicus4380

2 жыл бұрын

Yes, I spotted that on ST America

@caramelsunday8858

2 жыл бұрын

probably cuz theyre rich or smtn lol

@heisrichkidy3448

2 жыл бұрын

🙏

@coldclearblue6350

2 жыл бұрын

Ephesians 6:1-3,. Even if you don’t believe in the Bible, it is a basic principle filled with truth. They are obedient and humble enough to listen to their parent’s advices , not acting like a know it all, then their personal lives are blessed and their businesses are flourishing.

@matt-oq7kb

2 жыл бұрын

The nuclear family is good

This girl is smart for her age. She presented it like at 30 year old woman.

@stacynewton34

3 жыл бұрын

😂😂😂🤣🤣🤣 no she's not

@Carolina-rd3gh

2 жыл бұрын

Her mistake is undervaluing her worth and giving away too much equity.

@anafaria7420

2 жыл бұрын

I'm 30 and I couldnt present it like that lmao

@sarabobara8458

2 жыл бұрын

I dont think it was that smart, HOW did she not do the math and understand she was MASSIVELY under valuing her company.

@Kingofthenet2

2 ай бұрын

@@anafaria7420same

They took advantage of the fact that she’s young and naive, 80k for 40% isn’t worth it.

@vince7735

4 жыл бұрын

They explained their reasons. She's still going to become wealthy so who cares?

@dragonstale3911

4 жыл бұрын

@@vince7735 yeah but at that point would you rather want 1000000$ or 2000000$. Pretty obvious answer.

@kizubluu674

4 жыл бұрын

Haroldas Giedraitis Exactly, most of the deals they slap on these helpless people end up as a flop on the businesses behalf anyway

@kizubluu674

4 жыл бұрын

Vince W You can’t just “get wealthy” from an investment :/

@CCBTL

4 жыл бұрын

Whoever is going against this is crazy. To have both of those women on board is hitting a massive goal.

Girl: "I'm 20." Title of video: "21 year old"

@AlvaroVera93

4 жыл бұрын

She grew up

@haydennoyes2073

4 жыл бұрын

I think she said a girl in her 20s

@arvin.realtor

4 жыл бұрын

ure under lockdown arent u?

@coltonsupergame

4 жыл бұрын

Hayden Noyes Nope in the video she explicitly said she’s 20.

@andytaylor1588

4 жыл бұрын

@@haydennoyes2073 watch the video again.

Andrew "you've got a great front end" **Gets cancelled by twitter culture**

@richardfitswell898

3 жыл бұрын

Bonk, goes the "C" hammer.

@xFadesaway

3 жыл бұрын

Lmao

@mrrxd5881

2 жыл бұрын

Time stamp?

@amansahayminz8247

2 жыл бұрын

@@mrrxd5881 9:36

@jay-dubb.dubb.68

3 ай бұрын

She also has a "huge logistics backend"!! 9:42 😅

Naomi day 1 as an investor: "I've got our next golden ticket idea - From now on we only rent out RED dresses."

@stacynewton34

3 жыл бұрын

😂😂😂😂😂😂😂😂

@drakeweddner

3 жыл бұрын

All the sharks wear the aame cloths every episode

@wioi

3 жыл бұрын

Are you ppl that stupid? All the sharks are wearing the same outfit every time. It's because of editing reasons. Not that deep

Shark's Jealous of 21 Year Old's..... "How old are you?" "I'm 20" Lol

@Faris_Asmar

4 жыл бұрын

Top Videos Now ikr

@StreetWearFr

4 жыл бұрын

They wasted a chance to make a better clickbait title video...

@chriscrocvlogs

4 жыл бұрын

Hmmm didn’t consider that this was put up WHEN she turned 21? They have to be accurate for media law, Australia’s weird.

@RiamuBerru

4 жыл бұрын

@@chriscrocvlogs you're on yt my friend not channel 9

@chriscrocvlogs

4 жыл бұрын

Liam Bell I’m not Australian so I don’t know what channel 9 is. “My friend”.

If she’s got over 15k profit each month she could’ve gone without such a terrible offer.

@iamnotarealboy

4 жыл бұрын

It's less about the money and more about the experience and marketing benefits they'll gain

@nathanielcollins3429

4 жыл бұрын

Her profit margin is closer to 19k a month. The other 45% is overhead, meaning all expenses including income tax is included in that 45% of expenses. So the business is cranking out 19k to 20k in profit per month.

@nathanielcollins3429

4 жыл бұрын

@baby bean _ depends on how you try to grow, if she hires 1 person at an Australian minimum wage ($14.14 usd) her expenses on said employee would be roughly $2,300 a month. That Calc is based on a 40 hour work week. If she plays her cards right and doesn't try to grow to fast, that would be no problem for her business.

@jchamberlainhome

4 жыл бұрын

With their connections and experience they will escape her up 100 to 200% and that 30-40k a month turns into 300k all of the sudden.

@Trevco

4 жыл бұрын

Yes.

This is basically "Rent-a-swag" for women

@dreamie2009

3 жыл бұрын

Omg Parks and Rec

@milesbiglin6673

3 жыл бұрын

Exactly

@kelsey2333

3 жыл бұрын

Yes I wonder if she got this idea from parks and rec lol

@copycopycopy1377

3 жыл бұрын

Your marketing skills are on top of the roof mate!

@bentuinstra4441

3 жыл бұрын

I was just thinking of that and then I saw your comment 😂

After watching the very unpleasant and rude dragons on Dragons Den, it’s refreshing to come back to a group of genuinely likable and supportive sharks here. None of these sharks go in trying to start a fight with or humiliate the entrepreneurs the way the dragons do.

“So the small fee is that they have to buy the whole dress?” “Ye” *laughs in rich*

@ljks1993

4 жыл бұрын

Oh man this made my night

@nickv2167

4 жыл бұрын

This comment wins

@Ducky836

4 жыл бұрын

Joel Dowlearn Laughs in rich 😆😆😆

@mktv3036

4 жыл бұрын

😂😂

@queenjeski591

4 жыл бұрын

Jurica Sambol they have to pay for the whole dress if they damage it! the 20% is the rental cost.

“Sharks jealous of 21 year old’s unbelievable income”... She’s 20 and she doesn’t take a salary.

@Mayank-kf2he

4 жыл бұрын

Bro are you a bit slow

@luhole

4 жыл бұрын

@@Mayank-kf2he Business profits are not the same as an income. 20 is not the same as 21. What's unclear to you?

@Aleyna-fc5ql

4 жыл бұрын

She literally said she’s not taking a wage

@nofurtherwest3474

4 жыл бұрын

mayank singh explain

@mazriuelas6654

4 жыл бұрын

@@luhole she didnt need a wage

The numbers she has are actually incredible! For such a small country like Australia in population size, she is doing well. She be literally doing 3times better if she was in higher density places like Netherlands or New York/LA/Mumbai.

@B_Bodziak

2 жыл бұрын

The US already has a similar biz model that's been around almost 15 years called"Rent the Runway". The company rents out gowns, handbags, shoes and accessories. If you order a size 8 dress, they send you a 6, 8, and 10 just to be sure one will fit.

@JuarezDerrick

2 жыл бұрын

"she be literally" 😂

I can't believe this. The girl is so smart, yet so naive at the same time. Only a lunatic would take such an awful deal. She was clearly manipulated into accepting such an awful deal. The company generated insane profits consistently. The company would have literally made more profits in a year than the valuation of the company in the deal she made with the sharks. Even the original deal she proposed was ripping herself off. The sharks saw this and realised she had no idea what she was doing in terms of valuation and absolutely ripped her off. It always hurts when I see this happening. People always talk about illegal scams, but no one ever talks about the more common legal type of scamming where others exploit your lack of knowledge to get you to make a completely unfair deal.

She took a business model that has been around here the States for years, & created one in her country. Good for her.

@marciacole2147

4 жыл бұрын

Rent the Runway

@ktgirl2288

4 жыл бұрын

I was bout to sayyyyy! I was like hmmm I’ve heard this before lol

@SH-so4mt

4 жыл бұрын

Christopher Aimi its just like amazon and alibaba

@newport5504

4 жыл бұрын

I live In aus been here for years

@aleilah

4 жыл бұрын

The episode is really old, we have heaps of businesses like this one in Australia.

40%, You are just being greedy now, this girl didn't need you but she wanted someone with experience to help her grow the business, I don't like how this turned out.

@matthewsims1561

4 жыл бұрын

They are there to make money for themselves not to make people happy

@birdstwin1186

4 жыл бұрын

Look at this business expert here. Hes probably a multi millionaire telling successful people how to invest money. Experience and connections cost money you dolt.

@angelo7646

4 жыл бұрын

Her company had made over 8million in revenue since

@Furyhunter85

4 жыл бұрын

@@matthewsims1561 35k 35k and 36k last 3 months with 55% profit seems like a small investment putting in 80K for 40% ownership , its almost 100% certain with experienced partners those numbers will grow , but like the blonde woman pointed out, she needs to get logistics sorted at this point in her business, so she really needed the money. the deal in the end was better, with all the extra perks

@nakedmidgetmauluser7684

4 жыл бұрын

yea.... she's making 35k per month at the time this was aired, and they wanted 40% of that.... I don't think that their experience is worth that because within a couple months she would of made that but it would of just took a bit more time to get the warehouse and everything settles without the sharks. I feel like it was a waste

5:05 My god that was unnecessarily intense, they all just broke out laughing

No one absolutely not a single soul: Steve: where are you from

Really felt like she was bullied into making that awful deal

@YWChyi82

4 жыл бұрын

Oliver O'Donoghue it’s business. That’s what it is doing business with partners. And it’s long term not short term.

@ky1eeeeeeee

4 жыл бұрын

yeah lol

@Trevco

4 жыл бұрын

This video demonstrates a good reason to stay away from investors.

@yourboiD

4 жыл бұрын

Smh. Sad how people do people. Its all about money.

@outdoorgames4230

4 жыл бұрын

@baby bean _ You're a moron. You live in a socialist country and know nothing about business. Females generally tend to work for less, so her business may very well be successful. If she treats her customer base well (which she does), then she has nothing to worry about. Only losers like you fail in business because you lack proper customer service skills.

she got manipulated. they devalued her company by half with that ridiculous offer! she should have negotiated a buy back clause

@Tadamss

4 жыл бұрын

They did, didn't they? The equity deal or something

@jackchamberlain

4 жыл бұрын

@@Tadamss not the same thing. The buy back clause is when the sharks make their money back they reduce their percentage. The equity just means she can take money out of the business for a wage

@maxflores2798

4 жыл бұрын

They honestly did

@SH-so4mt

4 жыл бұрын

J Chambo thats how you do business bitch...

@Tadamss

4 жыл бұрын

Ah fair enough :)

It feels like because of her age, she was taken advantage of. Her business is much more valuable then she let on and let them value it at. I’m sure her business has grown, but sheesh, what happened to royalties and loans. That’s 40% forever 😌

‘I wonder…. My children, surely she can date one of them….’ 😂😂😂😂 I legitimately lol’d

She’ll be much more successful in the US. Especially in Southern California.

@txbre8758

4 жыл бұрын

Shawn6466 right but it already exists here with rent the runway so she’d be crushed by competition

@briggyb

4 жыл бұрын

@@txbre8758 exactly. We've been using them for years.

@magpie6376

4 жыл бұрын

Yea probably the population in California is bigger than the population of Australia

@user-um4pc4nv6h

4 жыл бұрын

why southern california?

@briggyb

4 жыл бұрын

@@user-um4pc4nv6h that's where Los Angeles and Beverly Hills are.

40% is such a ripoff. Really insulting offer imo

@goodkisser8591

4 жыл бұрын

Tom De Bruin you’re 100% correct - assuming you’re ignorantly only considering projected revenue as a means of valuing a business. When factoring in the necessary reinvestments to solve the scalability and logistical issues, 40% is very fair.

@tadm123

4 жыл бұрын

@@goodkisser8591 that's still not worth almost half of her business, that's insane, she undervalued her company in the first place

@deaddummy538

4 жыл бұрын

@@goodkisser8591 Although I mostly agree with you. They could have also offered her a loan or royalty fee instead of taking ownership of 40% of her company which is in my opinion a big hit considering future growth. Also she undervalued her company in the first place so 80k for 40% seems like very little money for a company with that potential and which had already proven it legitamicy in estimated revenue.

@anasmouada9538

4 жыл бұрын

@@goodkisser8591 They capitalized on her lack of experience, she got played like a fiddle

@reglentless1

4 жыл бұрын

- The "home" business has 82k debt and no business premises - Has only 3 months proven turnover in what *may* prove to be a seasonal business - Is run by a 20 year old with no track record. - The only thing backing her valuation is that it has 200k assets (dresses). So the offer isn't that bad in my opinion, combining their added value, assumed continued investment and access to capital, along with the experience makes 40% of a larger business - a pretty reasonable offer, albeit slightly pricy. The sharks got another 5-10% because of her inexperience, but everyone's still a winner.

Your closet now has 8 million usd worth of dresses.

the models in the back be like 👁👄👁

She should have just took out a loan... 40 percent is robbery.

@jlove24

4 жыл бұрын

She already took out a loan to start it

@AAA-sl3mg

4 жыл бұрын

Its obviously not just the money she needs...

@LGoromonzi

4 жыл бұрын

It depends on how leveraged she already was, the connections and doors that these other ladies can bring, their expertise and industrial clout, which too has an immense intrinsic value when the time comes to bring in a VC and go much larger and much faster.

@TheKing-tl8si

4 жыл бұрын

James Jeon well she just hit $100 million in sales since taking on a shark....

@LetGoNoControl

4 жыл бұрын

Its about the connections and influence

She needs to rent suits out too. She would make twice the profit if she was inclusive of her brand to men

@apatheticAnxiety

4 жыл бұрын

Guys would destroy the suits

@moppitukka3253

4 жыл бұрын

apatheticAnxiety I mean a lot of men own suits though, because its socially acceptable to use the same suits which matches the few dress codes men are given to formal occasions. Ive rented a suit only once and that was because the correct dress code was a specific suit (which is used by doctorates in Finland, and in some other occasions). Other than that 2 suits and a few accessories can 100% cut it. The market is so much larger when aimed at women.

@modest_mind2526

4 жыл бұрын

@@apatheticAnxiety awesome, then they pay full price for the suit.

@kekw5153

4 жыл бұрын

A suit is easier to take care of than a dress right

@BR0KEdownUNDER

4 жыл бұрын

How do you figure that? Guys don't rent suits in the same quantity that women rent dresses. I don't even wear a suit to work and I own two.

Her valuation is undervalued honestly but so happy for her ❤️

They ruined her business. She didn't need them. Kids this is why maths is important, and even more important when you have to do it on the fly in your head.

@chasecieslar3785

3 жыл бұрын

She just wanted to advertise the business

@incisor78

3 жыл бұрын

She needed some advice on how to scale

@RioGamer

3 жыл бұрын

They are experienced in this field. She needed advertisement and warehouses. As of currently they hold 8 million dollars worth of dresses. After the sharks invested the businesses growth was basically exponential. So yeh

@RioGamer

3 жыл бұрын

@@chasecieslar3785 did you not see that she made a deal. Yes, it's good exposure but ur mindset is deluded. The sharks were major help. To say she JUST wanted advertisement is a shitty statement

@hornetpilot1817

3 жыл бұрын

@@RioGamer do you understand what the 80k for 40% means? First she undervalued her business by half. She only did an asset valuation i.e 200k worth of dresses. A 15k net profit is 180k/year. If you calculate valuation based on P/E ratio for a 5 year period, that 180k/year would eventually be 900k. A 900k valuation. 40% of 900k is 360k. She gave away 360k of her own business for a small investment of 80k. I don't care what the end profits and current business valuation is, that was daylight robbery. If she kept up on her own, she'd have the same result in 10 years time with *100 percent* ownership.

They should be ashamed of themselves wanting 40% greed is not pretty

@mrtoad1408

4 жыл бұрын

Dont take the deal then. You have mixed emotion with business which doesn't work.

@snhanthavong

4 жыл бұрын

Capitalism

@mareyl4333

4 жыл бұрын

Kat Ripp business is greedy and emotion is foolish she was a gold fish thrown into water with sharks she shouldn’t have taken it

@TruztNoI

4 жыл бұрын

It seems they will take over of her business sounds the girl will end out losing her idea... It is more easy to take a load from a bank with low interest to increase business to get to people and get screw her own value..

@TruztNoI

4 жыл бұрын

@M T it is my life experience drag me down with it...

*Jenny: I'm not even in this version of the show and for that reason i'm out*

@domgtsk8605

4 жыл бұрын

😂😂😂😂

@dlfrs9440

4 жыл бұрын

🤣🤣🤣

@SimplyBeingNicole

4 жыл бұрын

Hex Northman omg 🤣

All this equity, percents, investing, financing, etc, hurts my head. I've always wanted my own business, but I just don't understand this stuff.

@xtrt3restrial374

3 жыл бұрын

learn it man all the words you hear are business terms for something simple. equity literally means money from the business owner. If i put 20k equity in my business it means that I've put 20k of my own money into the business as opposed to the businesses money which is money earned by the business. If i take 20k equity from the business it means I have taken money from the profit of the business instead of reinvesting it. Simple!

it's amazing seeing her get more confident every second through her pitch.

Nobody: Multi-Millionaire investor: I felt your pain buying expensive dresses

@water-ev5oz

4 жыл бұрын

That's why they're a multi-million investor

@PixelBoyMiner

4 жыл бұрын

they didn't get to be a multimillionaire by blowing money on tons of dresses

@spotlessmind7681

4 жыл бұрын

yep, a dollar spent without return

Such a random amount to request, thats the most annoying aspect. 80k doesn't get you anything at this stage except a new batch of dresses. She should have asked for 200k and up for 30 to 40%

@alekseydrotenko3289

3 жыл бұрын

i think she probably did that to pay off the personal loan she took when starting the business?

@mohammadzafar7891

3 жыл бұрын

@@alekseydrotenko3289 or she possibly just wanted the shark's experience. The problem is that almost all investors will never waste their time being hands on with the business unless they have millions at stake. Their time is too valuable and they can do as much smooth talk to make it seem like they'll be there to guide her through like a mentor but usually that's not the case. They prey on young talent to make them money

@soshedidamemoir2251

3 жыл бұрын

The publicity that entrepreneurs receive from being on the show can be amazingly profitable. Some don't even go on the show to obtain money from the sharks. They go on the show just to get their products showcased.

@agentbarron3945

3 жыл бұрын

@@mohammadzafar7891 with a 20% stake they have the potential to make a mill per year easy. Like she got shafted so hard with that deal, on her own she was on track to make 400k in her first year which would more than recoup the sharks money, every year past that is pure profit for them and pure loss for her unless she buys herself out

@mohammadzafar7891

3 жыл бұрын

@@agentbarron3945 Yeah. The sharks got an easy deal.

When you make Steve remove his glasses, you know you've hit success and you almost certainly will get a deal 😂

She is 20years old crazy good pitch, build all up alone with own money. I respect you so much, my gosh I’m stunned very inspiring

This isn’t the American shark tank and for that reason I’m out

@josuemartin4568

4 жыл бұрын

Pops Popsss LMAOOO

@AntHawk

4 жыл бұрын

LOOL

@madisonroberts2521

4 жыл бұрын

-Barbara

@AdamKyleAnderson

4 жыл бұрын

Its not Dragons Den, for that reason I am out.

@gracethompson892

4 жыл бұрын

Ok than Barbara. LOL

They add music to make the most uninteresting parts intense for no reason

@yellowgraoe2262

4 жыл бұрын

Alexander LegisNonScriptae lmao wtf

@imadeanaccounttocomment7800

4 жыл бұрын

The music at 1 minute 36 sounds suspiciously like the music Grian use for hermit craft I guess it’s just royalty free music.

@stupidtreehugger

4 жыл бұрын

yellow graoe, since 31st October 2020 the UK is single again :-) It's time for Australia to stop drowning their documentaries and shows in retarded condescending melodramatic overly loud music.

@nishilsanghvi583

4 жыл бұрын

Gotta keep people's attention somehow

@vtablesalt8341

4 жыл бұрын

They do it because that’s when a tv ad plays if you’ve ever watched Australian tv you’ll know

It seems like a smart move. She took the men's formal wear model and said "now girls can rent too". I have had to rent about 8 tuxes over the years for weddings and such. I wish the girls had let us buy affordable nice suits that we could reuse instead of renting for the same price and basically throwing that money away.

"I was invited to four formals, it was driving my dad broke and he didn't even know the full story" So what did you do?? "I took out an 82,000/- loan and bought formals with it"

Janine: “surely she can date one of my children” I rate that

@MrBeard17

4 жыл бұрын

Why not all of her children ? A shark would want to maximize profit potential.

@studentuser101

4 жыл бұрын

👏🤑

@wtfmario

4 жыл бұрын

I felt that.

"I'm just like any other 20 year old girl" The fact that you had to say that in the first place proves you *aren't* a normal 20 yr old girl

@stekon9112

3 жыл бұрын

How did she get 80 000 loan in the Age of 20.?

She could make a "trick": Renting her house for her business.

I hate that instead of working to change how we judge people for not wearing $1,000 clothes, or working towards lessening the costs of these ridiculous "designer" clothes, someone has to invent an entire business plan to allow people to RENT clothes. Does that not seem absolutely ridiculous to anyone?

@angelmullis5290

2 жыл бұрын

I agree with your statement I just would like to add that it is a nice option for some people like me. I do not like dresses and hate owning them but sometimes they are necessary so being able to rent one that looks nice instead of buying it and having it sit in my closet for years.

@jay-dubb.dubb.68

3 ай бұрын

And the low end rental cost was like $180 - $250!!! 😮

So let me get this straight: The company has revenue of 35k with a net profit of ~15k PER MONTH (~180k/yr > > $900,000 valuation) They offered 80k for 40% > > 40% of $900k is $360k They made her this offer knowing 'they would need to loan/put more money into the business' > > Them getting more equity or earning annuities on the indebtedness of the company to them... She could have continued to grow this on her own & been a multi-millionaire by 30 Instead, she went to the shark tank & gave away nearly half of her company at a $200k valuation, which is pennies on the dollar as she would have netted an equivalent profit less than 6 months & already had an inventory of dresses valued at $200k. Feakin' criminal...

@peterfarkas3421

3 жыл бұрын

I could have used you in my college math classes.

@johanneskapeuasha9498

3 жыл бұрын

It was a bad deal

@porschamccoy3580

3 жыл бұрын

Omg thank you i thought i was the only one who realized they cut her company valu3 in half...

@nainai33

3 жыл бұрын

if you were in my school i would want to sit next to you in class

@basstrammel1322

3 жыл бұрын

But did the deal go through? It seems to have grown slowly the last years.

Her energy is contagious, she IS THE BUSINESS! I believe what ever she is involved with will be successful. I’d love to know where she is now and how much she has progressed.

@hearthagram

3 жыл бұрын

She has made 8 million now

@feyisayoruthoyebanji2984

2 жыл бұрын

@@hearthagram Oh wow.... Great.

@bremeartic8650

2 жыл бұрын

@@hearthagram crazy

@AshtrayAnnie

2 жыл бұрын

@@hearthagram lol any woman that's attractive and seems polite and charming can sell anything.

@patrikwihlke4170

2 жыл бұрын

@@AshtrayAnnie That's not really the case here though, is it? Most people will never see her face but the storefront. Her passion and drive is what makes her successful.

Sis is really tryna get her sons a come up 🤣🤣

Never tire of watching this one it's magic to see young adults who have a great mind on them.

No one: Steve Baxter: Hey where you from?

@kineticblues2766

4 жыл бұрын

No one: Steve Baxter: Hey where you from? DoubleV3 Why88: "No one: Steve Baxter: Hey where you from?" kinetic blues: DoubleV3 Why88 is a parrot. 🐽

@andypatterson5055

4 жыл бұрын

Everyone else: So give me some background info on your business Steve: So, ASL mate?

@kineticblues2766

4 жыл бұрын

Andy Patterson entrepreneur: 12/m/sydney Steve Baxter: will yr parents be home tonight? I'd like to go over some rising figures with you... well, one figure in particular.

@Wizardofgosz

4 жыл бұрын

I love it when Steve opens with that. He introduces himself and asks a slightly personal question. That's the way politeness works.

@kineticblues2766

4 жыл бұрын

Richard Wielgosz I wish he'd ask if they are virgins or not.... that'd be hi•lar•i•ous.

they scammed herrrr, $80k for 40% of a business that makes $35k a month in the starting years

@quahmingjun7246

4 жыл бұрын

Obviously they did, but then again it isn't just about the money, but also the connection they can provide, as well as the legitimacy of the business as she is also being backed by someone who is invested in her business.

@Ghostxx

3 жыл бұрын

@@quahmingjun7246 i still dont think its worth it. 40% is A LOT

@arai6147

3 жыл бұрын

@@quahmingjun7246 bruh sell me ur company 40% when you have one coz i can get u some sweet deals with all my connections even if it means you lose half ur profits

@r.r.r9746

3 жыл бұрын

Total SCAM, absolutely disgusting. She was doing fine without those sharks

@rygaros6669

3 жыл бұрын

Dont worry, those sharks are dead when she gets 35 lolol

wondering if she's still earning 35k monthly under covid. :(

@starlitexo

3 жыл бұрын

@@rafaelsimoes2547 they should keep the borders close tbh. they will be COVID free for a long time tbh

@twistieman1078

3 жыл бұрын

@@rafaelsimoes2547 we have restrictions in place in some states still. Last year almost all schools had numerous of their off campus events cancelled such as formals. Those being one of the main points addressed in her business as sources of her customers would have had an effect in her business. So, the original comment has relevance and yours does not.

@alextogo8367

3 жыл бұрын

Yeah business tanking for sure.

@userwatttt

3 жыл бұрын

@@rafaelsimoes2547 you’re the rude fuck that chimed in with a wrong answer.

@emilywatson1195

3 жыл бұрын

@@rafaelsimoes2547 u obviously haven't seen the news lately lmao Australia free of covid?!! Lol sadly not

This is impressive. At 20 I was drinking heavily and making barely 1.5k a month... Hats off to her. She has a bright future ahead.

It's not just her business, SHE is impressive, well spoken, well presented, and intelligent. Great person.

she should be partnering with a dry cleaner for warehousing and cleaning.

@DJProtaganist

3 жыл бұрын

Why partner with them when she could add her own dry cleaning service as well and make money of that. making it be a small profit as well?

@sylvieserrano7238

3 жыл бұрын

Did some research into what happened after the shark tank deal. Since then her business has grown by almost 100% and she’s made 8 million in renting dresses.

@kaylin5965

3 жыл бұрын

@@sylvieserrano7238 holy

@irriterendenavn

3 жыл бұрын

@@sylvieserrano7238 I'm cooooooomiing oooooooooooghhhhh

@starhamilton1072

3 жыл бұрын

Trying to be smart but really not lol.

This idea sounds exactly like Rent the Runway, just for Australia.

I'm curious as to how this business is doing, one year later, then five years later & so on. I think she is amazing. She began this in her head two years earlier. WOW what a beginning.

She was prettier than the models... And she makes 35k a month. And she's young. She can create a youtube page and make that 80k in no time and fire the sharks...

@mktv3036

4 жыл бұрын

Benjamin Sookwa it’s not about the 80k it’s about the experience and logistics

@Bensuken

4 жыл бұрын

@@mktv3036 I agree but she's now down 40%. 80k loan with 40% repayment of the entire business? The math is corrupted...

@cassandras4750

4 жыл бұрын

She could easily have already paid the loan off over the first 3 months with 105k made. Yes shes down 40% but she's just gotten herself great publicity and people that will give her connections and make it easier to run on a larger scale.

@sks6763

4 жыл бұрын

cassandra s when people like Cassandra get it. 👏

@jrmovies3807

4 жыл бұрын

She can’t just fire them bol... They own part of the company... Plus she didn’t negotiate a buy back clause

Andrew: Well ladies, you’re the experts! Naomi: *Big smile* Also Naomi: But I only wear one dress...

@hariraj3662

4 жыл бұрын

Lol

@JohnDoe-db8hn

4 жыл бұрын

Don't they all wear the same clothes just cause it's easier to mix and match shots from different episodes that way?

The investors love her I like when She said “I have wonderful sons”

That's cool to see Kelly Clarkson interviewing the young girl afterwards:)

She is a good entrepreneur, slightly bad with maths.

@user-wc5ff4xp5g

4 жыл бұрын

@Indrajeet Patil lol

@aproudasia9529

4 жыл бұрын

Indrajeet Patil lol what

@Freedomiseverything9486

4 жыл бұрын

Ahhh asians, never dissapoints :")

@mrpotat680

4 жыл бұрын

@Indrajeet Patil Reverse racism lmao.

@tomasavage6815

4 жыл бұрын

Why Justin Y. It’s called racism lmao

Why tf do the producers make her seem like she took five hours for her to admit the “if you break it you buy it” model. Lmaoo they OVERDRAMATIZE it

@ryanskenard

4 жыл бұрын

Randy she answered right away. They just edited it for suspense lol

@picklepirate

4 жыл бұрын

Yeah, TV man, how else would a haggle be interesting?

@theanachronisticlife8574

4 жыл бұрын

Insurance would be more ideal.

@luhole

4 жыл бұрын

Yeah no way she took that long to answer

@rendanfuls

4 жыл бұрын

@@theanachronisticlife8574 I work at a bank and every time I'm discussing a loan with a client, I do a hard sell on an insurance (and ours are pretty cheap). I've done contracts in hundreds and around a dozen insurances.

Steve: " One of your models qweefed, and for that reason i'm out "

@jay-dubb.dubb.68

3 ай бұрын

🫨🎉

*TWENTY!!??* I'm embarrassed, meanwhile I'm eating and sleeping during covid lmao

@jay-dubb.dubb.68

3 ай бұрын

I'm 55 and doing 1/5 of what she is doing!!! 😮🎉

The constant dramatic music ruins the whole shooting match ...stop the music

@nkwari

4 жыл бұрын

The music is what makes it "reality" tv LOL

@cuauhtemocmorisco3493

4 жыл бұрын

Stop the madness😂😂😆

I love how the models were just standing their awkwardly the whole time ha. Real pros

@sparklebutt1119

4 жыл бұрын

stretfordender321 They are probably her friends!

@OakApplegardens

4 жыл бұрын

Why are they there? She's better off without them.

@gregwatson1885

4 жыл бұрын

Probably are “Real Pro’s” 😁

@Aieshoo

4 жыл бұрын

stretfordender321 What else are they supposed to do?

She was at that moment making 15k per month profit. Why sell 40% of your company for something you can make in less than half a year? What the hell am I looking at

This is like Rent-A-Swag from Parks and Recreation.

@vianey510

3 жыл бұрын

I knew I wasn’t the only one who thought of that😂😂

‘I’m wondering if.. my children, surely she can date one of them.’ Best line

This is just like a real shark attacking a smaller aquatic animal. They took advantage of her based on her young age and her need for mentorship. I believe she should have sought out a mentor for the business instead of taking a deal.

Each shark got 20% of her business for 40k. On her own she’s been making 40k in a month. 🤦‍♀️

There is no need for these "shock" headlines - you drop a Shark Tank video, we will watch. Calm down

40% is an insult.. that's greed and trying to take advantage of this young lady...

@danydms1

4 жыл бұрын

L.C Marie That’s how rich are getting richer!!!

@Lauren72382

4 жыл бұрын

@@danydms1 I agree with you 💯 but 13:20 he had a point 🤔

@tarun8239

4 жыл бұрын

Welcome to Shark Tank

@anyexpat

4 жыл бұрын

They just flat out lied.. IF they are going to have to pu more money in later, PUT MORE MONEY IN NOW! The extra 10% was based on a vague oh we will have to put more money in.. well how? She already makes money and installing a dry cleaning process is not that expensive, even if if were the business would get credit.. pisses me off so much.. they basically stole 10% based on a lie

@Lauren72382

4 жыл бұрын

@@anyexpat well put!

The American sharks wouldn’t have cared so much about their money and would have cared more about the business growth and for that reason, I’m out

@kendrelldarby6853

4 жыл бұрын

Jane Hassebroek you would make the best shark tank judge thing magij🤷🏾‍♀️💀

@Beetleman20

4 жыл бұрын

Nah Kevin would have offered 40% for the 80k and some other sharks would counter offer Kevin, not team up with the other sharks for the same equity. Remember for spongebob scrubby daddy Lori kept countering all the offers Daemon & Kevin were making with higher offers than them.

@trentonj8085

3 жыл бұрын

@@Beetleman20 Yeah no doubt, it's like all these sharks collude to not outbid each other.

@ankit1906

3 жыл бұрын

In india if we had sharks they would have killed your business 😂

@kimberlyrose984

3 жыл бұрын

We already have a company like this in America

Tbh I feel like Steve is the most honest one 😂

5:13 she saved her shot She was visibly nervous but her presence of mind saved her

When they said no to 30% for $80k, instead of folding and saying yes to 40% for $80k, counter with 40% for $100k.

@Agmaio

4 жыл бұрын

Yes, smart

@hiritikkkumar2397

4 жыл бұрын

It's the same bud

@nextari

4 жыл бұрын

The implication they made is that she will need a commercial building, dry cleaning, etc etc and that is going to run $300k+, and they are on board with investing that. So it does make sense. Regardless, 40% is a freaking massive stake in the company. I don't like it.

It’s hilarious how Janine was trying to hook her up with one of her sons 😂😂😂

@onlyarib130

4 жыл бұрын

I was looking for this comment 😂🤣

@Ihavetoreturnsomevideotapes

4 жыл бұрын

Weird

@mrzoukdotcomzouklambadaboo8212

4 жыл бұрын

She's making sure her investment stays in the family....

@nolantudor9811

3 жыл бұрын

@@Ihavetoreturnsomevideotapes not at all lol. Maybe she knows she wouldnt have to take care of that son and insure their financial future without her helping along the way.

@egyptsin

3 жыл бұрын

Right? Haha

I would never do that deal when I'm already making 35k a month..

Look at that girl. That's how self confidence looks like .

She's got a website with stores and over 1000+ dresses now welldone

@justinlalara3559

4 жыл бұрын

Yirrakala

@justinlalara3559

4 жыл бұрын

Propeller shaft

@colin1528

4 жыл бұрын

and with 8 million in sales

The fact that she was able to secure an $82,000 loan and acquire nearly $200,000 worth of dresses before she came on the show means that she must have a LOT of financial support from her parents. I can guarantee that there is absolutely no way she would have gotten that loan or that stock without her parents helping her out with a lot of money. Very lucky girl.

@Lkshy_abq

2 жыл бұрын

@K B i think the man is trying to say she also lucky besides all the innovation and hardwork she's putting in. And that would be true in grand scheme of people who wanna innovate their own product/service in teenage years its only possible if you have kind of rich parents, those who Don't have that either just give up on the dream or they hustle away years to save up money.

@Lkshy_abq

2 жыл бұрын

@K B Well i'd agree with that too.I have been around some VC friends, the quote "self made" is used only for the one's who had literally odds stacked against them in their journey. People who have had support from friends/family but act they "self made" have really hard time people working with them.

@Lkshy_abq

2 жыл бұрын

@K B and i don't know weather the drunken man is trying to pent up his stress on yt or just saying his opinion. But this is kind of opinion is not limited to the "poorer" people in the world, on bias of this i can also say people like you are intolerable to any kind of critique someone offers, so i want to say don't generalise

@JuarezDerrick

2 жыл бұрын

@@DrunkenGyarados she didn't say she "brought" the dresses, she said she "bought" the dresses smh English is tough huh?

@pratikshyamohapatra

2 жыл бұрын

When you set up business obviously one needs lots of support.. I also felt she has advantages from her parents side and nothing wrong in that.. She invested it in her professional growth, didnt exploit it.. When she said she is collaberating with famous designers i felt must be rich or renowned parents..

When Steve said "take the deal" thats when you know it's going to be good as he normally would say if it's a bad deal. From working out of her parents house to multiple commercial spaces and over 8 million in revenue, i would say the deal is turning out good considering she probably has huge asset value through the dresses themselves too.

I’m so glad she talked to her dad before making a decision!

@DerRusher

2 жыл бұрын

but it was still a bad one at the end…

She did such a bad deal! They played her and they knew that if they grow the business theyd make a lot of money. Thats why they wanted the 40%. Its not that hard to rent a warehouse and hire a few ppl to do shipping and have an onsite drycleaning. If shes making 35k a month she can get a loan for the 80k over 5 yrs at 5% interest from the bank....its still cheaper for her than giving up equity

@getpwnd89

4 жыл бұрын

Robin Helou it’s about the connection that the sharks have, the banks don’t

@alextogo8367

4 жыл бұрын

Connections. They can grow it in a faster rate

@sohahm

4 жыл бұрын

They robbed her in daylight!

@robinhelou5298

4 жыл бұрын

True they do have a certain type of connection, but at her point she doesnt really need them. Again she is 20/21 yrs old and probably has no experience in logistics, shipping, management etc. But all im saying to give up 40% is a lot and the sharks got greedy. 20% was more fair for the amount of money. In business when you are trying to decide if you should take debt vs giving up equity, you have to see what is cheaper for you. In this case where all she wanted was 80k debt would have been way cheaper because of her margins and income and because she probably can get the loan very easily and at a low interest from the bank. 40% for the sharks means she would have to give up 40% of her net profit. Which would mean it costs more yearly to pay the sharks their share with an 80k buy in

@sohahm

4 жыл бұрын

@@robinhelou5298 I thought they would guide her that you came to the wrong place, go to bank and get a loan but they are there to take advantage. Now she will do all the hard work and two lady sharks will take profit 40% bite.

“This business is perfectly reasonable and successful, for that reason I am out”

@adityaswamy9647

4 жыл бұрын

Are you Barbara

her: earning 35k a month me: sitting at a computer eating ice cream watching someone earn 35k

@nobodysomebody9188

3 жыл бұрын

lol stolen its just the one about the coach but changed

“What’s your revenue?” “What’s the shipping?” Models : 👁👄👁

@alistairericsamuel8534

3 жыл бұрын

Hahahaha