High School Drop-Outs' Simple But Effective Social Media Empire | Shark Tank AUS
HTML-код
- Опубликовано: 18 фев 2020
- Despite all of the hardships these next two entrepreneurs have faced, the Sharks are blown away by how much they've achieved. Paris Marchant and Lawrence Lees are seeking an investment of $90,000 in return for 10% equity in 'Generation Outcast Clothing' - an online clothing store with existing support from Hollywood superstars.
Company Website: / __outcastclothing
An international sensation, Shark Tank AUS features entrepreneurs pitching for investment in the Tank from our Sharks, five venture capitalists willing to invest their own money in exchange for equity.
As Seen On Shark Tank Australia Products: amzn.to/2ZJBbyf
Shark Tank US Products Collection: amzn.to/3bMNjmI
#SharkTank #GenerationOutcastClothing #KylieJenner - Развлечения
These guys are basically branded dropshippers LOL
Thats called private label dropshipping, and no they aren't they're branded retail arbitrage sellers.
@STEALTH lol m8 im well seasoned ;)
Charles Weaver They handle the products, therefore its not dropshipping. Must have been a short season
Theyre not dropshippers, they buy products, mark them up and then resell them.. If they were dropshippers they would collect sales, send the orders to whever the product was located and that company ships for them....
The company they buy from is in AUS and that companies clothing is made in China.. If they had the order directly shipped from the store in AUS to their customer then it would be droppshipped as these people literally have zero on hand merch that they're selling.
Used to dropship fake Louis Vuitton bags on my website back in 2000 straight from Hong Kong to my US customers.. Never saw the products physically.. Was fun at 19 while it lasted before i got fucked over by Nigerians using stolen CC numbers and me getting charge backs out the ass. O well live and learn..
@@jessemahon8355 Dropshipping is a essentially a dummy word for arbitrage lol
I love the strug of the shoulders from Steve when they say that they've endorsed by Kylie & Kris Jenner
Who is that?
@@HolyCrapAA youre better left not knowing dont bother
Did you understand how they got them to endorse their brand? Normally that costs Millions of Dollars. Kylie charges a ton of money for an instagram brand post. She is one of the 5 biggest celebrities on the platform.
@Crank Yanker marketing people care :) Better a simp than a moron
@@DerDudelino by lying about it I would hazard a guess at
"making money is very therapeutic" 😄
Lol
what time is it at lol
@@freaky8597 6:50
facts
I came here for this comment. What a low-key savage moment by Andrew haha
I didn't know how to feel about a boy dropping out in year 8 to help his mother who has Parkinson's disease and a girl who dropped out in year 9 due to depression. Thankfully though, there was background music to help.
both seem like perfect business partners
Haha!
I think this is one of the first times we've seen Steve show his more human side, at 6:40 you can see the flashbacks from being treated like a loser in school, coming back. Welcome to working in tech.
I feel like I see it more often than the investors of the other versions of this show. Australians seem pretty down to earth people.
@@dormiebasne3578 Except for when it comes to dealing with "outsiders" in schools and the workplace. Living with autism and asperger's in this country is a death sentence, because all interviewers expect you to be a "people person". Even in the IT sector, it's rampant, as the industry gets flooded with what americans call "tech bro's", which are basically upper-middle-class management grads who somehow got their way in to the tech sector. Tech industry in Australia used to be the industry of the outsiders, where we felt at home, so I can see where Steve is coming from. Unfortunately, it's no longer the case, because all the normies have caught on and are getting in to the industry too, leaving us nowhere to go except the dole queue.
@@aaronspain3387 get smarter, Aaron. Get better at what you do. Tech bros don't deliver, be the guy that does
Yet another chinese dropshipping website. Not even sure if I'd call these companies anymore.
Corona Virus Came out. Business Crashed!
Sea Angle stfu..
*RATS RATS WE ARE THE RATS*
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
Im trying to order from alibaba and im having a very very long time with the order process...i think coronavirus is not helping :/ i loved shopping on chinese product bec shipping is free and rly cheap stuff. Im gonna have to order from india i guess
Pokiblue RATS RATS WE ARE THE RATS
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ ᘛ⁐̤ᕐᐷ
This program reveals to public their costs and margins. So more can enter the fray and undercut. No barrier to entry
Steve is my favourite shark, he has his heart in the right place
He's calculative too.
Mhmm lmao
Too bad he’s transphobic and an ultra right nut. I was very disappointed when I found that out.
Why is Shark tank Australia so much nicer and happier than America and Dragon's Den xD.
They actually get Sun lol
Because we're a small country of fake, second rate people. Give me dragons den over this dumpster fire any day
Personally i think 25% was the magic number. He would have turbo charged their business and they would have been 75% stake holders. Opportunity lost.
Maybe 'a third each' AND a hug would have sealed the deal. It needed a lot of work and money still.
The share he would take was a third. 12.5% was hilarious though for dropshipping. Let's all be millionaires
They didn't want Steve because he doesn't have fashion retail experience. They offered 12.5% just to make him say No.
@@hakanevin8545 he doesn't need any
Opportunity not lost, they’re doing absolutely fine 😂
Imagine this:
Steve: Where you from mate?
"Just around"
Steve: "you're fooking Chelsea aren't ya?
Is it weird that I relate to these Sharks more than the American ones? Steve is awesome if you want to hear the harsh truth listen to him!
Out of this shark tank, dragon den uk and Shark tank usa, these dragons are so supportive and humorous
Sad isn't it
Steve doesn’t know who the Jenner sisters are? 🤣🤣🤣🤣🤣🤣
....we've created a fashion EMPIRE, selling to over 45 countries
What's your forecast for this year? 340k
Lolllll
What about you. 9 to 5 job with 70k year - tax = ur worst then they are
@@717Vitin considering what they do is not stable, and most of their profits have to go back into business I would say that is not that much.
They only made $18,000 profit. Turnover doesn't matter because you can't spend it. Only profit counts.
@@717Vitin Considering that they made less than 20,000$ profit that year out of that 340k, I'd take the 9-5 over this literally anytime. You really need some help with finances my dude.70k a year minus taxes is about 3 times what they BOTH did that year together..
Yeh I went to school with Lawrence lees
He bullied me alot
He hung out with the "cool kids"
He sorta made my life miserable
But I'm glad he's doing good out of school
A counter offer of 12.5%? Lmao!!!! He was looking for like 30 or 40... she looked so proud when she offered that
This is all of the fashion out there, cheap (quality and looking), over priced, comes from China and lasts one wear and in the landfill it goes. Please stop this insanity. Just to be clear, I'm also not a designer name brand person either… people truly need to start thinking of the bigger picture.
So basically dropshipping
No reselling, they still handle the product
@@jessemahon8355 they buy them and but them in a post parcel. Not much handling happening.
@@jewjewabrams4113 so how is that different from walmart buying clothes from china and selling them online
With a seventy percent margin, they're taking us for fools
I love how what they're doing is completely disgusting, but that all changes when they find out it's making money.
Andrew love your statement "making money is very therapeutic"
When you ask literally 99% dropouts why did they dropout..
"I was depressed"
Yeh because school is shit
mental illnesses are not a joke. it's a sickness. saying you should come to school if you've got depression and anxiety is like saying you should come to school if you have the flu
adza botchway you shouldn’t drop out of school because you have the flu either lmao
Have you suffered from it? Been bullied every single day relentlessly through high school?
If not, shut you're fucking mouth you ignorant piece of shit.
Dickhead
2:33 Suffering anxiety and depression at the time, and [shopping took all that away!]
Beautiful young couple, wish them every happiness & success.
Tbh steve is my favorite
0:18 Glenn's reaction 😂
"Fitted in" 🤣 lmao im sorry im going to hell. 💀
Just resellers.
and doing it more successfully than most manufacturers
@@brotherhood5735 😂😂
We all love your business and we are all out
Andrew said "How you doing over there, you alright?" 😂😂😂
who here thought that they were expecting other sharks to speak up but all they got was a pat ..lol..
"You two are fantastic..."
"...I'M OUT."
Did nobody else catch on that she was 15 and he was 18 when they started dating?
That woman in the red coat never gives out any offers.
She’s there for the rep
They came back with has increase of 2.5% LOL! They should have come back with a 15 or 20. 2.5 was a joke that's why Steve laughed.
This is basically what fashion nova does
Turning themselves, their boyfriends or PARENTS BROKE! Glen's expression is GOLD! 1:05
So the boyfriend dropped out of school to look after his sick parents, and the girlfriend dropped out of school because she was depressed... and begins to cry because she didn't fit in? Does anyone see something wrong there or is it just me?
With due respect, while what you are hinting at is very much a possibility that absolutely cannot be ruled out, there should be a benefit of the doubt that has to be given as people may not be comfortable divulging what was the background or problems they faced that drove them into depression. I don't know how things work in Australia and what's the social security there like but I'm thinking dropping out of school is not something you will make or your family will let you make if things aren't a bit dire. I mean sure, it's possible that she was being stupid. But so is something genuine. She might not be in a comfortable place to share why.
Well I know why I clicked, and I know at least two reasons why he picked her.
THEY ARE MY SIBLINGS IN LAW STOP DISSING
Not sure what you're seeing wrong here. Depression is a real illness, just like the illness the boyfriend's parents had. Would have been better if she could have gotten treatment and maybe switched to home schooling, but we don't know her whole story, that may not have been possible.
I'm sorry, maybe I'm cold, but the second someone starts crying I'd be out.
No, not maybe, you ARE a cold heartless bastard. 😉 I would agree usually, especially people who weaponize sympathy. For some reason she seemed genuinely emotional which I am sure it is due to the pressure of the situation, and she pulled herself together instead of sobbing. She's 18…lots of "emotions" going on. lol That's just my take.
Maybe, but you're not alone LMAO
@@thankyouforincorrectingme ur annoying
Australia is a damn good place to do business.
To be honest is is time to manufacture in our own countries that’s how to improve the economy
I’m surprised they got on this show. I thought it was about innovation. They have made bank though so good on them.
“How are y’all doing over there” omg hair flip”
That old blonde was peanut butter and jealous when she seen them models
Ty Yarborough those models are beautiful.
cope or rope since i lost all hope Simpin ain’t easy
Fuck off my sister is beautiful
I guess dropshipping cured her depression
Steve is a good man, unlike other sharks who want to rip off!
what is it with the background music? it almost takes over in some places!
This show is much much amazing with respect to learning, entertainment, and spending some good time than Dragon's Den
10:38 That was exactly the face I made when they came up from 10% to only 12.5%.
She left school cos she had depression. So like half the population.
Maximum Spice People cope differently. There are those who don't have the support they need to cope, so they find their own way of coping. Hers happens to be focusing on growing a business. Be kind. You don't know what kind of battles others are personally going through.
there are levels of depression, most are mild and moderate but some is severe. I had to leave school because of depression also. It can be completely debilitating and some of us wind up in hospital. That is not half the population.
@@tocc I know, I've had depression for years. She needed help from her friends to push her to stay in school.
Damn, I don't care what they are selling, *I'M IN* 💯
I really don't think they needed the models Did they? 🤷🏻♂️
Should'a said 20% as soon as he said COUNTER
Bloody well done your sales are great you’re very much a success we love you I’m out water crock
Wow now look at them. There clothes are amazing!
$90,000 for 10%
Steve: Make me a counter offer.
$90,000 for 12.5%
Me: 😂😂😂🤣🤣🤣
Surprised the sharks didn't bust out laughing.
They did burst out laughing..
That wasn't a counter offer. They should have said 20%, and a very good chance Steve would have taken it, or made a counter.
Australian things:
Aggressively saying YEP before the other person has finished their sentence
Where ya from mate
😂😂😂
Finally the sharks get exactly what they’re asking for, and they’re OUT! Go figure
Their are those stores all over the internet !
Who are the Kardashian’s? Best line I’ve ever heard on Sharks🤣
Damn much respect
I am almost on minute theree....they dont have anything really, they are huge stores with a lot of cash that they have to go against....sounds harsh but she should go to the beauty salon first and get that color right
09:17 that model...damn!
12.5? 😂 They weren't there for an investment, just publicity.
Steve wanted to be equal at a 3rd and make millions. They wanted to give 12.5% of nothing. Check out their facebook page...
There's still the opportunity for these young guys to get better educated.
They are making more money than any young college graduate, then why would they go back to school? College degree is a scam anyway.
School is not just a way to earn money. If money was the only reason to go to school then people should quit school and start prostitution.
The purpose of school is to get an education. Agree that it's not the only way to get an education but it is an effective way. At least graduate from high school.
It's sad when people start looking at education as a Return On Investment only.
I know when the videos are around 12 minutes plus, they normally make a deal or get a deal offered to them.
Where do they get their stuff from? Surry Hills in Sydney? Is this a wholesaler?
Gordana Rauski they buy from local designers and then get their products bulk made in China
Just compare the music of dragon's den and shark tank and u'll know how music controls our mind and mood
i love this website i use it all the time lol
4:18 new meme
He is in the fashion business but his jacket is so wrinkled it looks like he slept in it for a week.
Glorified Dropshipping
So? Endless companies are highly profitable using this method. Being able to target and capture the right demographic better than the original seller is valuable.
Is there something wrong with that? They are in a business to make money... they couldn’t care less if they’re curators.
These people just hope to be good dropshippers and don’t wanna feel like they aren’t doing something great ^
Never said anything wrong with it. Just don't think it's sustainable or investable. It's a good business for them to go about by themselves, maybe could pivot from that to directly sourcing clothing that are made to their needs.
The Mongstradamous no it’s not lol
Naomi: your margins are spectacular and for that reason im out.
@5:24 the face steve makes when he remembers firing one off to the Kardashians that morning in his hotel room
It ok to drop out of high school, or any school, as Long as When U enter Business u learn that Its all about the Margins and Tax rates (corporate income tax rates or Personal Tax rates) do not change the Margins in business.. so never rely upon a Tax cut for the corporation to lessen a loss from bad margins and over expensing also Personal Tax rates do not change the gross wages, ONLY the Net Pay, if that and then the business dont need to raise wages at all as long as the sheep that dont know this Basic business stuff, work as long as u can make them for their beliefs of waiting - for a raise increase in wage. so no need to school thyself if One is the Master of the Margins.. and understand to Never use a Tax rate as a Basis of Margin increasing / or decreasing / I have traveled far beyond one HS and can say Business Minds are not always found .. so many schools called HIGH possess no accounting at all, and r truly worthless in all business case law(s).. good ep so far.. only 6:32 in // Thanks for the upload and this is a Shout out to the Interns and low waged paid labour unit, for I do not truly make believe that any shark is administering this RUclips channel../
Stfu
She has a buff walk lol
* angelic music for their back story *
*_i’m out_*
*_Music intensifies_*
When she is 18 and he is 21 and they were still dating when she was 15 when she started the company together with him and he was 18 dating a 15 year old. Oops
Lol
@Am so if he is 21 in america thats an adult. Wouldnt she still be a minor at 18? So would apply now rather than when both were under 21?
@Am thats still illegal
Am statutory rape laws apply in Australia too lol under 16 is a minor
BS Handle Created lol ur being extremely delusional if you think a horny 18 year old guy wouldn’t have banged a 15 year old girl at any given chance
Selling sexy clothes to 14 year old girls is nothing to compliment them on.
RiverDanube child exploitation.
That's the thing, they are businessmen who judge a business's value based on the money it makes.
There is never a discussion about the ethics of all this.
The sad part is the rich usually hide behind many social justice movements to push their agenda of making people spend more.
We heard Y1 revenue (298k). We heard Y1 net profit (13k). We heard Y2 forecasted revenue (376k). It would have been nice to hear the Y2 forecasted net profit too. Doubtless the Sharks heard it but we didn't (editing).
"Some of the biggest names in hollywood, Kylie and Kris Jenner." Lmfao
I think Steve was always going to say no.. but instead wanted to make them feel they had blown it.
her voice 😭
I’m not crying, you’re crying !
I'm from Newy and ive never heard of them
You will in about six months
Forever 21!!
the ease with which they throw words like depression, yeah she got depression because someone stole her new gel pen in school...
and then she bought some clothes from china for 2$ and then marked them up and started selling at 69$. damn thats some really depression stuff going on there
wait ..whaaat ? Steve doesnt hate it and actually had positive things to say ... I am shocked ...
making money is very therapeutic
Woah Steve has a right side of his head? 🤯
Even if they didn’t get a deal they get free advertising
I don't quite understand all the Sharks' fears about growth and demands that they stay small. Usually the Sharks say the exact opposite. What's the fear? Supply chain pressure due to lack of their own manufacturer?
Marketing drives sales
i hate when Steve goes into his high pitched voice
Where are you from mate?
You got a problem mate?
I think not taking Steve's offer didn't turn out too bad from what I read online.
They should invest with Kylie 🔥🔥
So their business is buying cheaper clothes and selling them for more...doesn’t that sound like a ripoff?
It is
Isnt that what most shops do? They buy from a factory and resell at their shop.
That's all businesses.
@@Calabresa022 most companies has their own factories. Just pretend you buy something on wish and sell it as more expensive. You will not be the only one Who sell it
That’s literally all companies.... they make something for cheap and sell it much more.... idk why y’all think this is different lol. They’re smart
Yes, sparkles is definitely what we noticed first. 😜
naomi simdon always sais the same thing when shes gping to say no
It seems most Australian businesses just resell Chinese stuff... is this right?
Yep it's part of our culture.
Asia-australia is an thing.
we out sourced all our manufacturing to china years ago. if someone does make stuff here then it's going to very expensive
As opposed to American businesses that all manufacture in....China? Lol
Most world businesses just resell Chinese stuff..
You lost me with ur sob story
Yeah there was no need for it. It's like they were ashamed or embarrassed to say that they dropped out of school simply because they were making a fuck-ton of money.
@@FlyboyHelosim good on them for doing something I'm too lazy to do, but if everyone had that attitude of 'poor me I can't go to school as I'm depressed' then more than half the world would be illiterate and dropouts. Was also looking like a pity vote which it may not have been, but who's to say she won't quit this crap because she 'gets depressed'.
@@2010lani Dropping out of school at around 15 is not really a big deal whatever the reason. I literally left school early because of mental health reasons but I also knew that school was a waste of my time and that it didn't mesh with my way of learning. My peers were out drinking and getting wasted at the weekend while I was creating levels for video games and writing tutorials. If a person finds themselves illiterate because they left school as a teenager then something is wrong, or maybe I've just always been good at English. Jobs around here barely ever ask for evidence of a successful high school education and quite frankly what I did or didn't achieve over 20 years ago is irrelevant today.
@@FlyboyHelosim all I'm saying is she's not alone and if we all dropped out, I'm positive the world wouldn't be as educated. Yeh you may have been better at English than others, but you can't be an English professor unless you work for it. Reselling clothes doesn't make you the next Stephen King, or prove any form of talent hence why there are so many of these things online that end up bust anyway
they asked them tho