Steve often does things to try to help the person, but on its face looks otherwise. His comment about women not being aggressive enough wasn’t just thrown out there. He knew he wasn’t going to invest, but I believe he wanted her to show how much fight she had in her and how badly she wanted it, because the others had gotten hesitant when she said she’d burnt out. He’s often an angel in disguise.
As someone with a back problem that is alleviated a lot, when someone has a cushion I can put behind my lower back when I sit, I appreciate cushions to hell lol.
“No Steve, you’re wrong!” That was amazing how brave she was standing up to him like that. She was also coherent and not angry. I’d wanna work with her
Saying he is wrong that she doesn't give it all she has and then she accepts the 30% offer immediately without even trying to meet in the middle. Steve was right
Ok, that took a very weird turn. Clearly the lady is exhausted. I totally get what the sharks mean but there was absolutely no need to shame her for seeking guidance/help. Both men and women, being humans and not machines, can burn out. Her ask was already very fair, but glad to see she was able to land a deal.
All these so called sharks do is run down every entrepreneur that pitches to them and patronises them and pisses on their business their egos are a joke they think they are above everyone
C P well yeah. Different products in a country that has a tiny population in comparison, business is well developed in the united states compared to Australia, it’s much easier to open products to bigger markets when based in the United States, the Australian shark tank is also newer and not as well known and they also allow smaller businesses on the show compared to the American version. Also let’s be real, the us version is fake sometimes. They’ve been caught out a couple times, us tv tends to be much more heavily dramatised.
C P Shark Tank US used to have the “49/51%” argument with nearly every single pitch when they first started. In all the old episodes, a shark would fight for 51% of a company at least once per episode. They very quickly realized that they didn’t REALLY want the responsibility of “owning” the company, and they started regularly accepting lower percentages.
@@mgecko2959 so true, it scares me, a logical American, that so many people don't question more things and just use basic common sense for God's sake. Everyone gets too tribal and tend to ignore other people that don't agree with one of their opinions. Its dangerous, the truth gets lost in all of that.
@@prudenceglasby7702 I don't know what females you know and if they are all outgoing, but the ones I do are shy as hell, I have to do everything for them and feel like a dad taking care of his children, and I don't even have children.
I'm not a fan of oversized cushions, I don't know how anyone uses them comfortably, though I think what he said needed to be said, and we need to stop handling things with kid gloves.
Her saying what she did about being burned out wasnt good. Even though its a very cheap deal and low valuation, no one wants to invest in a company with a burned out leader.
For real! I own my own business and she’s absolutely right about burn out. It’s also true that if you own a small business you have to just keep going forward unless your dead. Anyways, yeah she’s awesome and should be proud of herself.
@@uranus8112 that was a little uncalled for and completely unnecessary, don't u think? She means that the lady set an amazing example for her kids. Showing them that if they work hard enough, anything is possible. Lol, but ur probably like my annoying younger brother that spews stuff out without thinking, so no harm done.
Imagine yourself starting a business, putting all the work in, with a kid, seeing a mil rev in the first year, and choosing not to hire someone part time for like 30k a year for the mundane tasks, and complain that she burned out. Crazy!
It's honestly is a much bigger tasks than anybody gives credit to. Hell the way the laws can be setup you might be better marrying someone atleast they only get half the money if things go wrong. But on that same token where's her husband if she's got a baby and a million dollar business. I suspect there's more to the story.
Really really easy to say that from the outside. When you're in that bubble stopping for a shower is hard work never mind going through the hiring and training process.
I agree she has been holding back on herself. Of course him looking down upon all women is horrible no doubt but the part about her specifically was right on point.
Nah, Steve was, and is, a dick...not saying that's a good/bad thing. Just stating a fact. It's the same as stating somebody is timid, or arrogant. I'm a dick too. I also go out of my way to assist people that need it. One reason I like and relate to Steve.
Wow steve was tough, but, as in life, people could be like that. Good thing that Tanya was able to bounce back and turn the criticism into something that would boost her confidence. That´s really using someone´s poison as your source of strength. Not many can do that. Anyone less determined or less focused would have vowed vengeance, screamed back, cried, or given up. Tanya, you´re very inspiring.
The very weakness that Steve mentioned she exhibited by not negotiating with Naomi when accepting the deal and for proclaiming "I've got a deal!" when the only thing she's got was a meeting to go through due-diligence which many fail.
Okay but this woman is remarkably refreshing compared to most the businesses that come on here. She’s real, she’s honest, she’s kind, willing to actually speak honestly about what’s she’s done good and bad. She’s willing to stand up for her business and self. She’s remarkable.
Steve is absolutely right!! That wasn’t sexist it was to give her the opportunity to redeem herself to the others bc he was already out! Steve is the best hearted person on this show!!!! Andrews is great too!
This was so funny. Every feminist cries about the wage gap, and Steve acknowledges it, references the fact that studies uncovered(women on average work less hours and are more likely to choose family) because sales dropped 40% in year 2. She said it was because she was a mom. Steve gives her advice about being timid and needing to be more confident(she undervalued her business so she could have a shoulder to cry on), everyone calls Steve sexist but won't invest, until another woman takes her devalued valuation and increases ownership % offered by 50%(20%-30%), and completely takes advantage of her....but Steve is sexist lol
The fact tht she only got a deal because she was a female makes it more hilarious, if it was a male the first words would've been f*** off. She is also not an enterprunere practically. She sells cushions .
I know the sturggle..but my oh my i think what red dress lady is spot on. The lady doesnt need money investment .che just need a helping hand in marketing.
You repeated what the woman said when in fact the real question is how will she scale her operations if they do go global? That would mean even more boxes to pack and labels to stick.
Of all the Shark Tank Aus episodes I've seen this is one of the few that made me genuinely happy. She was so nice and I felt like I'm rooting for her. Wish you all the best. ❤️
yeah but they didn't. they didn't even say anything to him which just proves his point even further. just because you are a women doesn't mean you get special treatment. remember women want equality. the problem is, women don't really want equality as much as they want equality of outcome instead of equality of opportunity. As a side note, women need to stop using their children and being moms as some kind of leverage when it comes to explaining why things didn't work out for them. no one made her have a child and if she chose to have a child she needs to live with the consequences of having children. how many times do you here men use being a father as an excuse for not getting things done when they needed to get done?
@@P2thaOckets ever thought about how the editing is done? They may as well have said something and they edited it out to show that Steve is probably right? Jeanine looked like she was over it, and Naomi reacted as well. They kept Glen’s pushback though.
To an entrepreneur that goes "Ohhhhhhhh thank you~" at an offer before its even spelled out and doesnt blink when giving out 30% for a stupid valuation. I would run far far away from her...
Burning out is the worst thing that can happen to you! People warned me about it but I never really listened. If you're reading this, dont burn out! Balance your lifestyle accordingly!
40avo Yes you could say that but that’s also the point Steve was making. She’s too agreeable and easily walked over. She needs to try be more disagreeable and stand up for what she thinks. It is a fact that agreeable people don’t progress as far or have as many opportunity’s as disagreeable people. It’s also a fact that women tend to be more agreeable than disagreeable. Nothing sexist was said. Edit: This person I was having a conversation has removed their comments therefore I look like a babbling idiot.
Unsustainably high revenues in the first two years and a constant downtrend since, is a terrible sign. Either the sales were heavily reliant on PR, media and hype, or just sheer luck. I typically do not agree with a lot of the sharks' criticisms (for example the episode on Stan Kruss of Expocentric), but in this episode I do think the criticism was well justified. Pillows don't generate any significant repeat business, and the scope for differentiation is bleak. Good on her, for securing the investment, but not a good deal imo.
Good for her. You can tell shes a very likeable person and I hope this feedback really helps her out and she rekindles her spark for the business and I hope she does well in her ventures with a shark.
Years ago, I was a representative for a hotel supplier in the US. We were introduced to a sunbeam line of outdoor chairs to be placed by the hotels’ pools (to sell them to these hotels). I remember being very impressed with the product (style and functionality) and I sold a few of them.
She is burnt out that is for sure. She has tried doing it single highhandedly, then coming into the tank with all those burnt out emotions is not a good look to start a business. It's good that she got an offer.
Steve was right about her tho... Naomi hinted that she wanted to negotiate just because it was the Shark thing to do, I think she would have been able to lower the equity given or even convince her to do the 20% if she emphasized that her valuation was already fair and generous
Glenn is my favorite ❤️.. And I have been watching this for few days.. And also... All the people who are in quarantine around the globe guys good days are coming soon.. Be positive every thing is going to be fine 🙂...
I liked John McGrath from the first season that Glenn replaced best, he was just a cool dude, made plenty of offers and just always had a really interesting summary of businesses
Guy here, i'd have gotten more tired. In fact i'm so tired i' have never even started a business, let alone sold hundreds of thousands of product lol. just too easy to generalize, people are people.
I don't get why they're so shocked at what Steve is saying. He's correct. It's factually true that generally, women are inherently less aggressive then men. 🤷♀️
That is incorrect. Whatever correlation you (think you) are seeing is a mixture of societal pressure and confirmation bias. If you had said women are on average less agressive, that argument would have a leg to stand on but saying that women are inherently less agressive is just plain wrong. Also, he claims that the timidity is related to the gender pay gap. Now, as far as I can understand, the gender pay gap doesn't exist when controlling for industry but if it does, blaming women being too timid for paying them less is some class a bullshit and victim blaming.
There is not really a pay gap, only a wage gap due to the types of industries women and men are attracted to. Men typically are drawn to job positions which deal with things, are high risk and pay more, they also work more overtime hours, and don't take as much time off. Women are more attracted to service and office positions dealing with people, they don't work as much overtime, and also take more time off. Women and men both ask for raises about the same, but men are more likely to get them and more likely to negotiate for a higher raise. Part of that is due to their inherent overconfidence, and are more prone to take higher risks, they have more leverage to work with given they can show more hours worked, and tend to over value themselves. They'll ask high, and settle for lower but still high. Women are more calculating and less likely to engage in risky behavior, they tend to under value themselves in what they believe is "fair", they're less likely to be confrontational so will already begin by pitching a low number and either settling for their low number or even less. This isn't victim blaming, this is stating simple truths backed by several independent studies. Pointing out sociological differences between the two is not victim blaming. There's no grand conspiracy or systemic prejudice at fault for why women get payed less in general. Sure there might be odd cases of prejudice here or there, but those are rare and barely have any impact on this wage gap.
As a woman I agree with Steve 100% It’s harder for women in business and he told her the truth that no else would. It’s good he didn’t sugar coat yea it seems sexist but it’s sadly the truth
@K B Dont know about that 7x part, but women would do much better than men at sales and retail solely because of the agreeableness and kindness women generally have, which would make the customers buy whatever they recommend
@K B also women didn't do all that you just said that much. Traditional gender roles are a consequence of the higher brain to body ratio we have, and thus are older than any human civilization. So women have always been staying mainly indoors so idk what you're talking about 😅
steve actually did her a favor with his rude comment. he lit a fire under her and she got over being afraid. she needed to show that determination. I honestly think that steve plays the bad guy a lot to help out.
100% agreed. lot's of times, being kind won't help. People thrive on anger and frustration. Telling them everything is good won't let them become motivated to push for the next level.
It is a fact that agreeable people don’t progress or have as many opportunities as a disagreeable person does. It’s also a fact that more women tend to be agreeable than disagreeable. It was not a sexist comment at all.
Miles Steele Perhaps I could have but I believe I’ve said it very clearly without unnecessary information. I think in general people just don’t like thinking deeper on subjects in order to have a conversation. But yes I’m not the best writer or speaker and I probably could’ve put it across better.
Sewing is tedious, especially if you're sewing with piping. No comparison to what the women on the panel did to grow their businesses. Some of their comments were not at all fair. Kudos to you lady for doing as well as you did by yourself.
@ you're so quick to give this woman shit that I'm assuming you've also single handedly built a business while raising a toddler but obviously from your replies all through the comment section you did it a lot better....well done! Do you need a badge?
Steve had some solid points. Even if he phrased them extremely poorly. She let the job become work and overwhelm her and that's why she slowed down. Yeah, she had a child. But that's a life choice, and a personal decision. It has nothing to do with business. It's an excuse that can only carry a person so far before it becomes tired and meaningless. If she starts letting her work slip because of it, it shouldn't be her expectation that people pick up the slack for her. They have their own lives and their own problems. Her expectation should be that, once she starts slipping, she gets sacked. Because that's the cruel reality of enterprise. Your competition isn't going to take a day off just because you do. If anything, they should work harder to steal those extra sales from you. Because they have bills to pay and mouths to feed too. It's not personal, and it's not sexist. It's business.
Steve isn't sexist.. he pointed out the fact why women tends to take/get a backseat in business . He just told her bluntly what Janine sugarcoated . He felt frustrated with her portraying herself as weak and that is a man who can't tolerate that .
"why do you think there's a female pay gap, because there is." That's a weird comment considering the countless times it's been refuted in recent years. (Also, if you're going to argue the wage gap, I would say there's a massive difference between a wage gap and a pay gap)
@@shantaeforsmash8287 There's a chance that there's a valid argument for it, but it's almost always as simple as "look at the ingredients" The most popular two examples usually being shampoo and deodorant, the materials used to make each one are drastically different. It's absolutely unreasonable to claim that they SHOULD cost the same. For things like razors, I can't really help ya. ruclips.net/video/0xVkUBAUQhA/видео.html This is a decent video on the subject.
Right. Like a male football player would earn a lot more than the female. In the fashion industry, female models earn a lot more than men. Supply and Demand.
@Ruvin Eric Perez giving examples of cases where women earn more and men earn more doesn't prove anything. Statistically there is a gap, no one ever said that gap exists for every job.
Well done steve, I'm sure it was heavily edited but what I saw is he pushed her to actually show some interest. When she started droning on about being tired, everyone was out. He helped her.
Blaming women being "too timid" for paying them less is victim blaming. Saying " for a female" or " for a male" about anything non-biological is sexist. If I said someone has really big breasts for a male, what I said would be rude but it would be stating a fact. If I said someone was too emotional for a male, what I said would be sexist.
its so refreshing to see that the world believe that women are the enemy of woman but actually women are the first person that supports and comfort the other woman.
"I turned over 792k in my first year and 2.6 million in total" "I want to value my entire business at 200k" I'm sorry what?! She's valuing her business on 3 months turnover. Should've come in with double the money for half the equity
The last year was only 344k though and the decreasing sales is alarming. Also, she clearly needs a lot of help. At least you used calculations to back up your statement, though, unlike everyone in the comments that make up valuations out of thin air.
@@UniDocs_Mahapushpa_Cyavana fair point. I still think she could have got a higher valuation if she had come in with a higher valuation. I've seen people on the AUS shark tank get a deal of 4 times their annual turnover! That's extreme but it just shows there was definitely a lot of room for a higher valuation if she played it smart. I reckon if she came in with a 400k valuation she wouldve left with at least a 200k valuation, maybe more. but because she came in at 200k, the sharks always feel the need to negotiate no matter what so they brought it down to $133k.
This clip shows you how no matter what valuation, fair or 20 times more than what the business is really worth, no matter what person is presented in front of the sharks, humble or arrogant, whether the business is profitable or not, proven or not, these investors will always find a way to break you, your life’s work and your business, then ask you for a big chunk of it for the same amount of money.
There's a documentary, a slice of life piece, worth checking out about Australians to give you even more insight into their day to day living. It's called Crocodile Dundee.
Also she’s definitely too timid, I’ve been watching The Australian version for a while and they’re too quick to invest a lot of times the people come out as scammers I even works for a few of them and they’re triangle schemes. They need to stop being so timid and stop worrying about how people feel and work with logic
I don't think so I believe that's an old way of thinking but I can understand why Steve say it because in that industry is built off that precisely but it is two beautiful women on the panel so..
The walking over is the issue. Women don’t need to do anything further, you’ve just been conditioned to think women need to do more. There’s no reason for women to be walked over if you believe anything contrary you clearly are the person that walks over them. It’s your fault.
I like binge watched Shark Tank Australian version and this is first time (after like 50 videos) that I saw the lady in red finally invest!!!! I spit out my pizza because I was so shocked!
wow i am shocked steve actually said what he said... damn. i really liked him a lot more than the other sharks because he seemed like a real human unlike the rest but now i am quickly changing my mind on that.
She said she’s burnt out yet wants to do big resorts etc… honey pick one, are you burnt out or are you gonna put your all in to get to that resort level because you can’t be/have both.
Steve is so opinionated it’s hilarious. He is the only person in the world with a legitimate stance on cushions
I have an opinion on cushions as well. There is such a thing as too many cushions. And for that… I’m out
That is so true hahaha
Getting a deal selling pillows is impressive enough. She certainly doesn't have a first mover advantage.. LoL
@@tobymax10 lolol
Even the other sharks were like bro stfu
Steve often does things to try to help the person, but on its face looks otherwise. His comment about women not being aggressive enough wasn’t just thrown out there. He knew he wasn’t going to invest, but I believe he wanted her to show how much fight she had in her and how badly she wanted it, because the others had gotten hesitant when she said she’d burnt out. He’s often an angel in disguise.
Seems like deep insight
Maybe
Agreed. He gives it how it is.
I don’t believe he was wrong, Jordan Peterson talks about this deeply
True. And what he said about women wasnt sexist either, its just how women are
“I actually don’t like cushions” , Steve cracks me up 😂
"I hate cushions" of course he does
Well unlike him, most woman love cushions
As someone with a back problem that is alleviated a lot, when someone has a cushion I can put behind my lower back when I sit, I appreciate cushions to hell lol.
I bet he loves his mattress, though.
too much cushion on my back can be annoying but not liking cushions at all is bloody bonkers!
Well he isn’t soft is he? 😆
“No Steve, you’re wrong!”
That was amazing how brave she was standing up to him like that. She was also coherent and not angry. I’d wanna work with her
i wonder if he believes that or said it to see if she would come out fighting
Well, Steve is right. You won't like it but facts don't care about your feelings.
Virtue signalling won't help women.
Saying he is wrong that she doesn't give it all she has and then she accepts the 30% offer immediately without even trying to meet in the middle. Steve was right
@@littlefreb in the beginning she literally said that that part doesn't matter to her and she just wants the mentorship
Ok, that took a very weird turn. Clearly the lady is exhausted. I totally get what the sharks mean but there was absolutely no need to shame her for seeking guidance/help. Both men and women, being humans and not machines, can burn out.
Her ask was already very fair, but glad to see she was able to land a deal.
I couldn't have written it any better myself... You are exactly right 👍
Clearly the lady doesn't understand business and something called hire help. Especially bwhen your doing well
All these so called sharks do is run down every entrepreneur that pitches to them and patronises them and pisses on their business their egos are a joke they think they are above everyone
I think they play it up on purpose for the show and it made the woman speak out more so I think it was planned somehow
@@anna3046 lmao really?
Australian Shark Tank wants 30% for $40K investment. US Shark Tank does $450K for 4.35% equity lol
C P well yeah. Different products in a country that has a tiny population in comparison, business is well developed in the united states compared to Australia, it’s much easier to open products to bigger markets when based in the United States, the Australian shark tank is also newer and not as well known and they also allow smaller businesses on the show compared to the American version. Also let’s be real, the us version is fake sometimes. They’ve been caught out a couple times, us tv tends to be much more heavily dramatised.
C P yes we all know Americans have problems with logical thinking, you don't have to prove it
C P Shark Tank US used to have the “49/51%” argument with nearly every single pitch when they first started. In all the old episodes, a shark would fight for 51% of a company at least once per episode.
They very quickly realized that they didn’t REALLY want the responsibility of “owning” the company, and they started regularly accepting lower percentages.
@@mgecko2959 so true, it scares me, a logical American, that so many people don't question more things and just use basic common sense for God's sake. Everyone gets too tribal and tend to ignore other people that don't agree with one of their opinions. Its dangerous, the truth gets lost in all of that.
@@BobbyTMF you can sell any shit to US dumbasses not like the smarty aussies :P
The world needs more Steve's.
Cold, hard, truth. No coddling.
He is a sexist pig.
@@AntonioKH2 you're soft.
@@AntonioKH2 And you're a feminazi who can't handle the truth.
@@AntonioKH2 lol his comment was not bad
Steve sleeps on a pillow like everyone else. His are just very white and very starchy
Steve is right tho. If she wasn’t so timid she wouldn’t have lost 30% of her business that brings in millions for 40k.
Yup that was beyond stupid
What's funny is that she tells Steve he is wrong, and then she starts crying.
What a load of bollocks!
He's right that she's acting timid, but wrong in saying it's a female thing.
@@prudenceglasby7702
He is right it's a female trait most of the time.
@@prudenceglasby7702
I don't know what females you know and if they are all outgoing, but the ones I do are shy as hell, I have to do everything for them and feel like a dad taking care of his children, and I don't even have children.
Steve always looks like he is in pain just listening to pitches and answers, he is like a grumy old man annoyed by everything in the world
I'm not a fan of oversized cushions, I don't know how anyone uses them comfortably, though I think what he said needed to be said, and we need to stop handling things with kid gloves.
That's because he's getting ready to pull some money out of his tight little asshole.
So you’re telling me he’s like a shark ? On a show called shark tank ?
I don’t if you’re asking for money you don’t get to always pick the person
"I hate cushions"
Lmao who hates something as specific and inconsequential as cushions?
Watch more videos, Steve is the best judge by far
He always says it as it is
Even points out when other sharks are being dicks
Who else thought it was gonna be some feminist lady because of the title? Lol
Fr, I feel jebaited
Chris Cota you wanted it to be so you could insult I’m sure
@No Creative Name I never said that
She is a feminist clearly!
@@nocreativename 🤦♂️
Her saying what she did about being burned out wasnt good. Even though its a very cheap deal and low valuation, no one wants to invest in a company with a burned out leader.
Depends of if she was burned out or is now. Burnout happens to everyone.
She burned out because she is running her business blind, she doesnt understand marketing and is struggling alot
If that was my mom, i'd be so proud of her.
Not your mom though
For real! I own my own business and she’s absolutely right about burn out. It’s also true that if you own a small business you have to just keep going forward unless your dead. Anyways, yeah she’s awesome and should be proud of herself.
Lyrah What a lovely thing to say.😊
@@uranus8112 that was a little uncalled for and completely unnecessary, don't u think? She means that the lady set an amazing example for her kids. Showing them that if they work hard enough, anything is possible. Lol, but ur probably like my annoying younger brother that spews stuff out without thinking, so no harm done.
LEONIDAS I know
She was too honest. Good idea, personality, etc. But no ability to exaggerate optimism.
No ability to exaggerate optimism...🤔 I like that one.
Wow thats very well put
Nobody is entitled to your story!
@@wandalee5010 They are if they are investing in your business
Lmao
Imagine yourself starting a business, putting all the work in, with a kid, seeing a mil rev in the first year, and choosing not to hire someone part time for like 30k a year for the mundane tasks, and complain that she burned out. Crazy!
probably got greedy and wanted to keep the entire mil. thing is there was really no possible way for her to expand without hires.
JewTube Or just bad at delegating?
It's honestly is a much bigger tasks than anybody gives credit to.
Hell the way the laws can be setup you might be better marrying someone atleast they only get half the money if things go wrong.
But on that same token where's her husband if she's got a baby and a million dollar business.
I suspect there's more to the story.
Really really easy to say that from the outside. When you're in that bubble stopping for a shower is hard work never mind going through the hiring and training process.
Steve wasnt a dick he was right everything he said then look at the change in her attitude when he said it. Smart guy!
She was timid and acting scared yes, but what does that have to do wiv that she’s a woman?
@@chibuezeogbonna8623bc on average women tend to be more agreeable than men
I agree she has been holding back on herself. Of course him looking down upon all women is horrible no doubt but the part about her specifically was right on point.
Nah, Steve was, and is, a dick...not saying that's a good/bad thing. Just stating a fact.
It's the same as stating somebody is timid, or arrogant.
I'm a dick too. I also go out of my way to assist people that need it. One reason I like and relate to Steve.
@@GammaRays10 Business is rough, i wouldn't say he is a dick, in my eyes he is honest and real. World is rough.
Wow steve was tough, but, as in life, people could be like that. Good thing that Tanya was able to bounce back and turn the criticism into something that would boost her confidence. That´s really using someone´s poison as your source of strength. Not many can do that. Anyone less determined or less focused would have vowed vengeance, screamed back, cried, or given up. Tanya, you´re very inspiring.
Everytime Steve is out but another shark starts a deal he grabs his notebook lol
Steve was just pissed that Glenn stole his question.
The very weakness that Steve mentioned she exhibited by not negotiating with Naomi when accepting the deal and for proclaiming "I've got a deal!" when the only thing she's got was a meeting to go through due-diligence which many fail.
Okay but this woman is remarkably refreshing compared to most the businesses that come on here. She’s real, she’s honest, she’s kind, willing to actually speak honestly about what’s she’s done good and bad. She’s willing to stand up for her business and self. She’s remarkable.
Steve: “Women are too timid.”
2 out of 3 women in the room: 🦗 🦗
only glen spoke out lmfao
@@raxso3044 that’s his job as a fellow man
@@zachbattack funny how the females stayed quiet as they were being told they were timid, point was proven
🤣🤣
@@raxso3044 This. The point was literally proven the moment he said it.
Steve is absolutely right!! That wasn’t sexist it was to give her the opportunity to redeem herself to the others bc he was already out! Steve is the best hearted person on this show!!!! Andrews is great too!
This was so funny. Every feminist cries about the wage gap, and Steve acknowledges it, references the fact that studies uncovered(women on average work less hours and are more likely to choose family) because sales dropped 40% in year 2. She said it was because she was a mom. Steve gives her advice about being timid and needing to be more confident(she undervalued her business so she could have a shoulder to cry on), everyone calls Steve sexist but won't invest, until another woman takes her devalued valuation and increases ownership % offered by 50%(20%-30%), and completely takes advantage of her....but Steve is sexist lol
The fact tht she only got a deal because she was a female makes it more hilarious, if it was a male the first words would've been f*** off.
She is also not an enterprunere practically. She sells cushions .
I know the sturggle..but my oh my i think what red dress lady is spot on. The lady doesnt need money investment .che just need a helping hand in marketing.
She admitted that from the start
You repeated what the woman said when in fact the real question is how will she scale her operations if they do go global? That would mean even more boxes to pack and labels to stick.
Of all the Shark Tank Aus episodes I've seen this is one of the few that made me genuinely happy. She was so nice and I felt like I'm rooting for her. Wish you all the best. ❤️
🙈 the female sharks looked like they were about to get up and kick Steve ass
But they didn’t because they’re timid
@@P2thaOckets Damn son
@pocky bee i'd call it civil but alright
yeah but they didn't. they didn't even say anything to him which just proves his point even further. just because you are a women doesn't mean you get special treatment. remember women want equality. the problem is, women don't really want equality as much as they want equality of outcome instead of equality of opportunity. As a side note, women need to stop using their children and being moms as some kind of leverage when it comes to explaining why things didn't work out for them. no one made her have a child and if she chose to have a child she needs to live with the consequences of having children. how many times do you here men use being a father as an excuse for not getting things done when they needed to get done?
@@P2thaOckets ever thought about how the editing is done? They may as well have said something and they edited it out to show that Steve is probably right? Jeanine looked like she was over it, and Naomi reacted as well. They kept Glen’s pushback though.
I feel she was ripped off. She probably would've sold the entire company for 200k.
Janine : "Suck it up like women do" Noone bats an eye
Steve : "Women tend to do that" Everyone loses their minds
Haha true. He becomes a pig, she doesn't become anything. :D bullshit
Just bought a cushion! It’s so comfortable
No
One from the this lady? Or one from the store? Lol, cause those do not look comfortable in the least tbh 😅😂 but they do look nice
Paul Bradley yes
To an entrepreneur that goes "Ohhhhhhhh thank you~" at an offer before its even spelled out and doesnt blink when giving out 30% for a stupid valuation. I would run far far away from her...
Burning out is the worst thing that can happen to you! People warned me about it but I never really listened. If you're reading this, dont burn out! Balance your lifestyle accordingly!
Agreed
Yes.
"shaking, shaking, shaking, champagne"
What?!?! 🤷🏻♀️
L.C Marie idek like wtf
That was hilarious LOL
Steve is my favorite solely because he makes it spicy every time
She rushed. A true entrepreneur would’ve tried to negotiate to 25%
40avo Yes you could say that but that’s also the point Steve was making. She’s too agreeable and easily walked over. She needs to try be more disagreeable and stand up for what she thinks. It is a fact that agreeable people don’t progress as far or have as many opportunity’s as disagreeable people. It’s also a fact that women tend to be more agreeable than disagreeable. Nothing sexist was said. Edit: This person I was having a conversation has removed their comments therefore I look like a babbling idiot.
Unsustainably high revenues in the first two years and a constant downtrend since, is a terrible sign. Either the sales were heavily reliant on PR, media and hype, or just sheer luck. I typically do not agree with a lot of the sharks' criticisms (for example the episode on Stan Kruss of Expocentric), but in this episode I do think the criticism was well justified. Pillows don't generate any significant repeat business, and the scope for differentiation is bleak. Good on her, for securing the investment, but not a good deal imo.
Good for her. You can tell shes a very likeable person and I hope this feedback really helps her out and she rekindles her spark for the business and I hope she does well in her ventures with a shark.
Years ago, I was a representative for a hotel supplier in the US. We were introduced to a sunbeam line of outdoor chairs to be placed by the hotels’ pools (to sell them to these hotels). I remember being very impressed with the product (style and functionality) and I sold a few of them.
She is burnt out that is for sure. She has tried doing it single highhandedly, then coming into the tank with all those burnt out emotions is not a good look to start a business. It's good that she got an offer.
Steve is the Simon Cowell of this show. All the beads of sweat have piled up.
Gyro Poodle Lol great job
@@Willy72070 what?
Steve was right about her tho... Naomi hinted that she wanted to negotiate just because it was the Shark thing to do, I think she would have been able to lower the equity given or even convince her to do the 20% if she emphasized that her valuation was already fair and generous
Glenn is my favorite ❤️.. And I have been watching this for few days.. And also... All the people who are in quarantine around the globe guys good days are coming soon.. Be positive every thing is going to be fine 🙂...
I liked John McGrath from the first season that Glenn replaced best, he was just a cool dude, made plenty of offers and just always had a really interesting summary of businesses
Guy here, i'd have gotten more tired. In fact i'm so tired i' have never even started a business, let alone sold hundreds of thousands of product lol. just too easy to generalize, people are people.
She’s awesome, hope she’s made her company big and successful
They are always “i am out” nonsense
I don't get why they're so shocked at what Steve is saying. He's correct. It's factually true that generally, women are inherently less aggressive then men. 🤷♀️
That is incorrect. Whatever correlation you (think you) are seeing is a mixture of societal pressure and confirmation bias. If you had said women are on average less agressive, that argument would have a leg to stand on but saying that women are inherently less agressive is just plain wrong.
Also, he claims that the timidity is related to the gender pay gap. Now, as far as I can understand, the gender pay gap doesn't exist when controlling for industry but if it does, blaming women being too timid for paying them less is some class a bullshit and victim blaming.
@@efeyzee timidity IS related to the gender pay gap. Every controlled study ever done proves so. Who are you?
@@unknownchannel3141 sources please?
@@unknownchannel3141 and also, even if it is true, it's still victim blaming to say "Women aren't fighting hard enough for raises."
There is not really a pay gap, only a wage gap due to the types of industries women and men are attracted to. Men typically are drawn to job positions which deal with things, are high risk and pay more, they also work more overtime hours, and don't take as much time off. Women are more attracted to service and office positions dealing with people, they don't work as much overtime, and also take more time off. Women and men both ask for raises about the same, but men are more likely to get them and more likely to negotiate for a higher raise. Part of that is due to their inherent overconfidence, and are more prone to take higher risks, they have more leverage to work with given they can show more hours worked, and tend to over value themselves. They'll ask high, and settle for lower but still high. Women are more calculating and less likely to engage in risky behavior, they tend to under value themselves in what they believe is "fair", they're less likely to be confrontational so will already begin by pitching a low number and either settling for their low number or even less. This isn't victim blaming, this is stating simple truths backed by several independent studies. Pointing out sociological differences between the two is not victim blaming. There's no grand conspiracy or systemic prejudice at fault for why women get payed less in general. Sure there might be odd cases of prejudice here or there, but those are rare and barely have any impact on this wage gap.
As a woman I agree with Steve 100%
It’s harder for women in business and he told her the truth that no else would. It’s good he didn’t sugar coat yea it seems sexist but it’s sadly the truth
@K B Dont know about that 7x part, but women would do much better than men at sales and retail solely because of the agreeableness and kindness women generally have, which would make the customers buy whatever they recommend
@K B didn't read this yet, but what exactly are you referring to sales? I meant mainly retail jobs and Direct selling to customers
@K B also i don't understand anything you just said could you sum in up please? 😅
@K B also women didn't do all that you just said that much. Traditional gender roles are a consequence of the higher brain to body ratio we have, and thus are older than any human civilization. So women have always been staying mainly indoors so idk what you're talking about 😅
@K B hello?
I like how she hugged Steve even after the fight lol
steve actually did her a favor with his rude comment. he lit a fire under her and she got over being afraid. she needed to show that determination. I honestly think that steve plays the bad guy a lot to help out.
100% agreed. lot's of times, being kind won't help. People thrive on anger and frustration. Telling them everything is good won't let them become motivated to push for the next level.
Could’ve asked for 49% she woulda said yes 😂
Steve gettin talked back to at 6:25 had him looking like he couldent even believe somone stood up for themselves
she's that kind of women "cry until someone feels pitty and helps" xD
steve isnt sexist, he is honest, people should learn from that lmao
Fizzy Bones you make me wanna throw up so change because i dont like you just change, your disgusting in my eyes so i want you to change
@@drewvi what
It is a fact that agreeable people don’t progress or have as many opportunities as a disagreeable person does. It’s also a fact that more women tend to be agreeable than disagreeable. It was not a sexist comment at all.
@@emilebichelberger7590 I feel like whether that's true or not, you could've worded it a lot better
Miles Steele Perhaps I could have but I believe I’ve said it very clearly without unnecessary information. I think in general people just don’t like thinking deeper on subjects in order to have a conversation. But yes I’m not the best writer or speaker and I probably could’ve put it across better.
She so transparent and talk with her heart.i love her
I love it... “ Steve, get over it mate... our house, cushions are everywhere! “
🤣🤣🤣 ... my house too ! LoL
Sewing is tedious, especially if you're sewing with piping. No comparison to what the women on the panel did to grow their businesses. Some of their comments were not at all fair. Kudos to you lady for doing as well as you did by yourself.
Did I miss something? Was there any mention of margins?
Thx for making me rewatch the video cause I was unsure since u said that -_- xD
@@poseidon11364 was there?
No
@ you're so quick to give this woman shit that I'm assuming you've also single handedly built a business while raising a toddler but obviously from your replies all through the comment section you did it a lot better....well done! Do you need a badge?
Steve had some solid points. Even if he phrased them extremely poorly. She let the job become work and overwhelm her and that's why she slowed down. Yeah, she had a child. But that's a life choice, and a personal decision. It has nothing to do with business. It's an excuse that can only carry a person so far before it becomes tired and meaningless. If she starts letting her work slip because of it, it shouldn't be her expectation that people pick up the slack for her. They have their own lives and their own problems. Her expectation should be that, once she starts slipping, she gets sacked. Because that's the cruel reality of enterprise. Your competition isn't going to take a day off just because you do. If anything, they should work harder to steal those extra sales from you. Because they have bills to pay and mouths to feed too. It's not personal, and it's not sexist. It's business.
1:47 it's okay steve, cushions hate you too
Hahaha
Amazing woman. Respect from Pakistan
Pakistan!!! Do you have enough respect to give away!!!😂😂
30% for $40k?? Dragons Den and Shark tank is much more than that.. I don't get it.. And please TURN OFF THAT ANNOYING MUSIC!! UGHH!
Making profit in her first year is incredible and what I want as an aspiring entrepreneur
Steve isn't sexist.. he pointed out the fact why women tends to take/get a backseat in business . He just told her bluntly what Janine sugarcoated . He felt frustrated with her portraying herself as weak and that is a man who can't tolerate that .
"why do you think there's a female pay gap, because there is."
That's a weird comment considering the countless times it's been refuted in recent years.
(Also, if you're going to argue the wage gap, I would say there's a massive difference between a wage gap and a pay gap)
what about pink tax?
@@shantaeforsmash8287 There's a chance that there's a valid argument for it, but it's almost always as simple as "look at the ingredients"
The most popular two examples usually being shampoo and deodorant, the materials used to make each one are drastically different. It's absolutely unreasonable to claim that they SHOULD cost the same.
For things like razors, I can't really help ya.
ruclips.net/video/0xVkUBAUQhA/видео.html
This is a decent video on the subject.
Right. Like a male football player would earn a lot more than the female. In the fashion industry, female models earn a lot more than men. Supply and Demand.
It hasn't been refuted. Even PragerU acknowledges it. They just claim it is insignificant.
@Ruvin Eric Perez giving examples of cases where women earn more and men earn more doesn't prove anything. Statistically there is a gap, no one ever said that gap exists for every job.
2:30 haha steve doesnt get to ask where she's from.
Well done steve, I'm sure it was heavily edited but what I saw is he pushed her to actually show some interest. When she started droning on about being tired, everyone was out. He helped her.
These are not sharks, these are piranhas.
Hahahhahhaaa
You realize they just cut that clip of steves face in whenever she talked back right
How was anything Steve said sexist, it's object reality lol.
Seems she was trying to blame anything but herself for the shortcomings.
Blaming women being "too timid" for paying them less is victim blaming. Saying " for a female" or " for a male" about anything non-biological is sexist. If I said someone has really big breasts for a male, what I said would be rude but it would be stating a fact. If I said someone was too emotional for a male, what I said would be sexist.
its so refreshing to see that the world believe that women are the enemy of woman but actually women are the first person that supports and comfort the other woman.
Hi, I'm Jenny and because Steve is in the Shark Tank, I'm out.
....Hi Jenny, where are you from mate ??
I love Steve 😂😂😂 he hates damn near everything ‼️
"I turned over 792k in my first year and 2.6 million in total"
"I want to value my entire business at 200k"
I'm sorry what?!
She's valuing her business on 3 months turnover. Should've come in with double the money for half the equity
Ikr
The last year was only 344k though and the decreasing sales is alarming. Also, she clearly needs a lot of help. At least you used calculations to back up your statement, though, unlike everyone in the comments that make up valuations out of thin air.
@@UniDocs_Mahapushpa_Cyavana fair point. I still think she could have got a higher valuation if she had come in with a higher valuation. I've seen people on the AUS shark tank get a deal of 4 times their annual turnover! That's extreme but it just shows there was definitely a lot of room for a higher valuation if she played it smart. I reckon if she came in with a 400k valuation she wouldve left with at least a 200k valuation, maybe more. but because she came in at 200k, the sharks always feel the need to negotiate no matter what so they brought it down to $133k.
I can't believe he would say that that was sexist =D
He was honest. Others bailed out for the same reason. Like a good Australian he called a spade a spade. Others felt so but didn't just call it so.
Its not, there is research to back this and it also one of the reason the pay gap is a thing
Jack Cooper
Jack Cooper that guy is a white knight
@@vijayalakshmiramkumar2161 I agree. However, it wasn't what he said, it was how it was said.
The lady also told her to suck it up like women do, but just because he said she wasn't aggressive people get upset
This clip shows you how no matter what valuation, fair or 20 times more than what the business is really worth, no matter what person is presented in front of the sharks, humble or arrogant, whether the business is profitable or not, proven or not, these investors will always find a way to break you, your life’s work and your business, then ask you for a big chunk of it for the same amount of money.
"I'm not timid, I'm just very scared."
Had never been tp australian. Didnt know any australians. Must say i see them very positively now.
There's a documentary, a slice of life piece, worth checking out about Australians to give you even more insight into their day to day living. It's called Crocodile Dundee.
There is another one about a legend who passed away, its called the crocodile hunter
love ya drive and personality tanya
Also she’s definitely too timid, I’ve been watching The Australian version for a while and they’re too quick to invest a lot of times the people come out as scammers I even works for a few of them and they’re triangle schemes. They need to stop being so timid and stop worrying about how people feel and work with logic
Good comment1
I get what steves saying women have to be harder and put thereself out there because people tend to walk over women.
I don't think so I believe that's an old way of thinking but I can understand why Steve say it because in that industry is built off that precisely but it is two beautiful women on the panel so..
The walking over is the issue. Women don’t need to do anything further, you’ve just been conditioned to think women need to do more. There’s no reason for women to be walked over if you believe anything contrary you clearly are the person that walks over them. It’s your fault.
Steve makes a good point. She’s crying and admitting she is scared. She’s got to step up!!
Tanya : the Australian version of the American Karen
Everything’s “offensive” these days! Everything’s “sexist” these days!!
I frigging love Steve
I thought I was the only one that did
40000 for 20% in a well managed business and the lady had to go through hell.
He was not sexist at all, he was speaking based on facts and logic.
I like binge watched Shark Tank Australian version and this is first time (after like 50 videos) that I saw the lady in red finally invest!!!! I spit out my pizza because I was so shocked!
Alien Heston 😂
Steve was right. It’s how he pushes people. Prove him wrong is the whole idea.
wow i am shocked steve actually said what he said... damn. i really liked him a lot more than the other sharks because he seemed like a real human unlike the rest but now i am quickly changing my mind on that.
When Steve said "Its unfortunate, but families tend to do that way" everyone in the room was like 😖😱🤭😤
Makes 2.5 million, gets a value of 120k
That's not how money works
2.5 mil in sales, not profit.
Entrepreneur: ‚cushion‘
Steve: 😼
Steve is always so grumpy and he doesn't like cushions.
He's grumpy... no other word for it. He is succesful, wise (I guess idk) and grumpy.
@@dr.sristi agreed lol, you can tell when he's having a good day or a bad day haha
@@poseidon11364 right !?
@@dr.sristi fr! And I like how u added how he doesn't like pillows 😂 that made me lol. Thanks for that, have a nice day!
@@poseidon11364 Thanks. Good day to you too
Steve isn't sexist, he's being realistic and honest.
He was mean about it, but she does lack backbone and is terrible at business. The reek of desperation was strong.
No, she is great at business but horrible in management
LOL Steve was far milder than you tbh
@@bibabenk have to agree you'd think with 1m in revenue for the first year she would have hired some staff to lighten the load lol
Only the Shark that never invests left....Brilliant
good for her! she deserved that break!
She said she’s burnt out yet wants to do big resorts etc… honey pick one, are you burnt out or are you gonna put your all in to get to that resort level because you can’t be/have both.
So steve told that Karen that life is tuff.... thats all i heard lmo
steve is 100% spot on with his comments