Entrepreneur “Does Anybody Have A Calculator?” | Shark Tank AUS

Stacey and Lorraine are pitching Minnow Designs, a business that sells hot weather footwear for toddlers. They are seeking $70K for 20% stake.
Company Website: minnowdesigns....
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 #MinnowDesigns #Beaches

[@taylorkurtz1513]

Lady kept her composure when she forget her value and knew enough to get it. Good stuff, she clutched up

[@ad_2211]

Lorraine and her family are a family friend of ours, my kids did a photo shoot for the Minnow shoes, great product. Wish them all the very best!

[@melissamcclain34]

How is the business doing?

[@eduardotello3094]

Most sharks: You've been one of the best buisness we've had in the show so I'm out.

[@11yolkel]

Well said - so true

[@t.a.kalsekar]

Basically we can't take advantage of your situation 😂

[@jexter22]

Haha Janine always wanted boys partners

[@veryfieddoctor7450]

Well they want to help those who need.

[@timothy2902]

Sharks: this is the best business ive ever heard of. I can see myself making a lot of money, and for that reason, im out.

[@kelly6739]

they we're hoping for a good year 2020. Covid 19 closes all beaches.

[@kevincross6119]

Lol

[@leeshanpillay1253]

😂😂🤦🏽‍♂️

[@jilukv2]

Sad

[@davidrobertson4300]

Only in eastern Australia 🤣🤣

[@TM-iq6sx]

This is good for indoor/ home pools\ . No socks needed should be the slogan.

[@bennn82]

This is an unbelievable product I wish these were around when my two kids were young as finding footwear for the beach (especially reefy / rocky beaches) was a pain in the ass if not impossible.

[@sanahaskuranage8071]

If they hit it out of the park why would they need an investor?

[@opusx6840]

For publicity. Most businesses take off after being on the show.

[@davidquiroz8177]

I was thinking ghat exactly. They need an investor now to hit it out of the park. Later would be too late

[@jenniside5044]

Business is like a sling shot, the more you pull it back the further it goes

[@JewTube001]

expanding can be expensive.

[@MasterJTLS]

Agreed it seems in this day and age people are more about raising capital than making profit.

[@WTFVideos_4416]

Naomi: I'm also HAPPY to introduce you to big retailers in the US. Both girls: That would be absolutely amazing Naomi: For that reason I'm out!

[@oicfas4523]

I grew up in Minnesota with my family owning a cabin and so had lots of experience in the water and so on. As kids we always had cheap aqua shoes that worked quite well and cost maybe 1/3 of what these do. I think this neoprene option would have difficulty competing.

[@jasonchoy535]

lady in red: I am the right investor for you but I am piss poor, for that reason I'm out

[@johnramsey7706]

Is Naomi really down financially and her business...Red Balloon...gone under? I really would love to know please?

[@johnramsey7706]

@Bla Bla Wow...all I can say...WOW!!! Trying to find some research on her as we type. That's truly SAD to hear!! Thank you for responding and best wishes.

[@shashwataroy6892]

Cannot believe Steve didn't go "Hey mate, where you from?" 😭

[@JessPen00]

I went to the beach one time and stepped on something sharp. Thought it was just a stick that scratched me but then I looked down and saw I was bleeding. Woulda loved something like this 👍🏼

[@deadpool3636]

Andrew lifted them up and dropped them more than Jeanne.

[@tabishrehman]

Expected 2020 is 1.5 mil. Oh boy did 2020 give it in

[@markeshasmith2786]

I would buy these over the heavier water shoes we see here in the us. The are uniquely designed and more of an upscale take on the water shoe

[@Straightupshooter]

The sharks blew this one. This is year round product in Florida and other southern states. Great product, there’s a need and parents would kill to protect their kids. This has potential to explode, especially on QVC. Blew it big time sharks.

[@jeweljanahelm2787]

As someone who spent most my childhood in the water. water shoes are great and cheap. there are plenty of options for all ages that already exist in the states and in EU.

[@weirdshibainu]

Nice product, but....... It's not seasonal, it's always summer somewhere on the planet. Winter in Australia, Summer in America and vice versa. It's cost too much. Toddlers/ kids don't wear out clothing. They out grow it and this is a prime candidate for a cheap knockoff. I wish them the best.

[@MichaelWacher]

Exactly. Everyone is saying the product is great. Sure they’re nice shoes but i will never pay $35 for a pair of shoes for a 2 year old. I just looked and there are 100 other shoes like this for $10-12. By time they are worn out my child will be in a bigger size and even if he needed another pair I can get two pairs for cheaper than $35. Quality is not very important with small children clothes.

[@arjan3548]

Them: We will come back stronger Next Year Covid 19: Yea right.......

[@jmass8699]

In every Walmart in the US they have these in every size. They are especially cheap for the kids sizes because kids lose things all the time.

[@xzly]

3:56 for the aussie nice. love it xD

[@jay-dubb.dubb.68]

Starting at 6:40, I love how Andrew & Janine edged those ladies!!😮🎉

[@paultaylor2611]

You could always buy the kids a pair of Plimsolls ? same principle only 2.50 price.

[@KarrierBag]

My kids are 25 and 21 and they had very similar neoprene beach shoes when they were young and this was in the UK.

[@That1GGirl]

Dammit wish those existed when my son was a baby. I would’ve definitely bought em.

[@East_chriss]

Why is this even a show lol. They always say I’m out. Especially in Australia

[@jaiKalro13]

1:44 scared the bjesus out of me . Reminds me of the 🤡 from the movie IT . This is going to give me nightmares

[@annsowers4591]

Wow, they could do well with slippers as well. I always bought my kids slippers as well as their friends. They loved them.

[@coolercool3074]

Janine would invest if you tell her the shoes cost $7 same price as Boost smoothy and it cost to make 30 cents, then she would say evaluation is little to high! ohhhhhhhhhhhhh il make you an offer but its 70k for 49% of your company and all future invention made by both of you [ till death to us apart ] and then give them that smiley face.

[@combatsack]

"You are highly investible, and I'm out"

[@fadhelhaji5421]

if they "hit it out of the park" they wont need your investment!!! that's really stupid!

[@TM-iq6sx]

Good indoor/ backyard pool. No socks should be a slogan.

[@michaelolson6982]

If they hit it out the park next year why would they would not need a shark, plus Greg was right the design needs to make the shoe work for more situations remember that toddler shoes are a nessessity buy and there is no shortage of toddlers anytime soon in the future.Good Luck I think that you are both winners.

[@EIKVVISHNU]

Y cant they start a new shoes catagpry for kids at other seasons which can control the cashflow

[@creatip123]

We're projecting 1.5 million in the year 2020 Oh my sweet summer mom.....

[@Four2Tour]

I loved it before the numbers came out. I would have offered them all the cash for the same equity they were asking for. Hey if you need someone who can represent you in the USA. I'd be happy to market it for you...

[@zlowrie89]

Why are these sharks even on this show? None of them ever invest...

[@11yolkel]

I think its a plan to loose viewers by staying with these "non starters" so they have a reason to take it off air, without paying redundancy payments.

[@bernardkriel1]

i like the sharks compared to dragons..these guys are soo much better in treating people correct!

[@MIARACING]

DONE ✅ I’m convinced now that Australians have no idea the rest of the world has every product they think they are inventing. Do you guys have automobiles? If not I’m inviting that and also the internet. Also this thing I call an Airplane ✈️ I’m inventing this also in Australia

[@JamesSmith-xs1db]

Why most entrepreneurs on shark tank don't consider taking a financial expert's advice before coming to the tank?

[@brandonsmith2246]

Hello Sharks, I'd like to introduce you to my invention "Spray on shoes"

[@dalisophie3856]

Good one :) For that reason; I’m out

[@robertwadas]

those ARE CHINA SHOES... THAT'S WHY THEY cant get them quick when they need restock ! Alibaba resale..

[@tima2553]

My daughter has one similar for 15€ and it’s great!

[@RayPossibleGT]

7:40 wtf

[@birajbhandari3518]

Why is Glenn here ?!

[@bradymiguel]

3:19 Seizure 💀

[@erepsekahs]

Ohhh the dudette on the left of the screen is an Irish immigrant. (Accent u see.)

[@dannie92]

Andrew complements it and doesn't invest. Under what circumstances does he ever invest?

[@11yolkel]

He's is just an actor like the rest of them, and it's not in his script, his only suit has no pockets, his next job is Home and Away playing a bus driver.

[@brianchamberlin6724]

Fleecing new parents.

[@sanjaytrasy6705]

We'll have a coffee date if you wear red

[@JG7Racer]

What was this..??🙄

[@msstarlight4770]

Who else can't stand the Galaxy z flip phone ad?

[@sunz480]

Does the chick in the red dress ever actually make any deals?

[@faly7348]

They dont have capital boring shark tank their goals is bringing to usa usa usa wtf how about europe or asia

[@faly7348]

@- then they need to change the show name to bring your business to the US then. U dont see this kinda comment on dragons dens

[@Pludrike]

We like the smell of blood in the ocean from small kids, so for that reason we are all out!

[@brijeshvora3399]

Naomi is doing time pass and no intention to Invest. Wasting time of contestants

[@Offinthewoods]

2nd comment

[@magusxxx]

To me..."It's seasonal" translates into it won't last past the next season.

[@syd7801]

Aussie Sharks: we'll give you big fake smiles, tell you you're wonderful then say we're out. American Sharks: we'll tear into you, tell you everything you're doing wrong then invest and make you a millionaire by next year.

[@blackraven8009]

Have u link to US sharks? 😀

[@reanandahidayatpermono4391]

Omg this is so true

[@TheAshley9697]

😂 in the USA it’s called corrective criticism. They tell you what you need to hear not necessarily what you want to hear.

[@cjsomething4995]

I was literally just thinking this lol

[@edwardyi6541]

@@TheAshley9697 true, constructive criticism**

[@kenzie7253]

I’ve seen 100 products just like this one. The Aussie & European investors seem to have no grasp on what products are out there compared to the American Sharks.

[@CesarGonzalez-ty8bo]

It is fascinating how different the Sharks are in the US, AUS and UK! They truly reflect their own culture.

[@gpizzle123]

Well, they gotta be doing alright. Their shoes are in three different stores within a few miles from me. Including dick’s sporting and dsw.

[@cassthompson3386]

They need some different/more sharks on this show, maybe ones with a lot more money to work with... Because these sharks rarely ever actually invest in anything, and if they do actually make a deal, they just withdraw their offer when the cameras are off.

[@11yolkel]

Bang on the money - well said, if they don't change the Sharks this programme will die a slow death.

[@sarahwaters8262]

@@11yolkel it's already dead, unfortunately.

[@JewTube001]

steve is the only real VC on the show but to be fair most of these businesses aren't worth the risk.

[@annettesjoy]

Ir would be nice to more investors on the show. I love Andrew. What a nice man.

[@sg7003]

There were so many pluses for this product. The evaluation was reasonable and the ladies quite adept. Why did they all bow out after all their accolades?🤔

[@11yolkel]

Because this four are "gutless" and are there for the camera exposure - nothing else, if it was radio they wouldn't turn up.

[@paypalservices2724]

Because she does 180k in revenue thats no real business.... ok mr evaluation

[@KeshavChugh]

Because they are not very rich like US sharks. Cuban has a bigger net worth than all Australian sharks combined.

[@Davide95933]

@@KeshavChugh To be fair Cuban has a bigger net worth than all other US sharks combined lmao

[@imlost19]

@@KeshavChugh hmm this says glen is worth 700m, andrew 300m, steve naomi and janine each between 50-60m. So they really arent that far off from the US sharks excluding cuban of course

[@End_Domestic_Violence]

It's a brilliant idea to save studio rental money by filming the show in an orchestral recital room.

[@DakshJuneja]

😂😂

[@UNPhantom93]

He can't get excited about anything at all..... He's always the first to go out

[@ravifaszer]

I would have invested in this in a heartbeat

[@danielkinn782]

Aus Sharks vs American Sharks is so different. They are happy to see people, polite and open to things. The Americans are just that, Sharks.

[@andyptv1996]

Aussies seem like very friendly people in general.

[@hiroomitakahashi5634]

And there's your reason also why america is american and Australia is Australia. I'll let that sink in... ;)

[@danielkinn782]

@@hiroomitakahashi5634 Right!? I'm American but I have so much respect for other countries and how people are treated in other countries.

[@BAGofTALENT]

Another big difference is they actually invest in companies like this and don't just wait for a golden ticket to be handed to them . Also they all have significantly more money than these so called sharks . Mark Cuban could wipe his ass with all their Bank accounts and still be fine.

[@jordenwadley7438]

Andrew never wants to invest any more it drives me crazy

[@11yolkel]

He wants the horse to be past the winning post first, then he would get on the gravy train - no guts at all.

[@cassthompson3386]

@@11yolkel Yes exactly! And I think that goes for all of them, not just Andrew. None of them want to take ANY risk at all, but that is exactly what an investment is, taking a risk/chance. Its too late to invest in the horse AFTER it has passed the winning post. Like you said, "No Guts".

[@spaceranger]

3:18 WHAT?

[@mauharley]

I jumped onto their website, and their prices are in USD which would suggest they have traction in the US. They've also expanded their range to include sandals. Looks like a great product, and I'm staggered that none of the Sharks invested.

[@peterroberts7921]

Maybe they got traction in the US following Naomi's offer to introduce them to some US retail contacts? If so, they got some good help there!

[@truth.venture]

Can anyone tell me this Australian shark ever invested on someone....

[@11yolkel]

They probably haven't got the money, they are there for the cameras only

[@ethan-xq4eb]

has anyone ever actually come back when the sharks say come back next year?

[@MrBeats9669-g1r]

ive seen episode where they come back yea.

[@ethan-xq4eb]

Kaspar Uba cool! Which one? I’ve only seen the videos on KZbin

[@11yolkel]

They had better hope there are four different sharks if they do - a waste of bus fare if they are still there

[@realienufos1329]

UK sharks but they “Copa Di vino” wine fella came back and rubbed it in there face lol

[@peterpan2236]

LOVE your product !!! it's FANTASIC !!!! Great design !!!!! I'm out btw..

[@EstrellaViajeViajero]

Expanding to the northern hemisphere seems like a good choice. It would allow them to have 2 sales cycles a year.

[@dontbestupid6664]

That ladys smile is like 40% of her face.

[@alexjheaton]

Must be the jokers wife

[@lqtaher2]

You mean Stacy

[@lqtaher2]

Stacy is gorgeous

[@JeromeMcklansky]

That’s all she does lmao. The editor probably does it on purpose

[@jasonchoy535]

Laique are u blind lol

[@bataafeub2472]

I have never seen andrew make a deal

[@callisallen9358]

He made the biggest deal in the tank, 2.5 mil

[@killler240]

He just seems to be after specific companies. Companies which can go the USA, and not too young.

[@JewTube001]

Andrew isn't one of the sharks, he's just a host who sits inbetween them.

[@11yolkel]

He's just an out of work actor who is lucky enough to get a job on this soap opera playing a businessman, but not very well as he has only one suit and it doesn't have any pockets !

[@josephmuka1460]

Love Australia shark tank!

[@drunkenwhiskeyeu]

Because the Aussie "sharks" are so harmless?:)

[@facial210]

Because for years hospitals are filled with toddlers who have walked on sand.....

[@JewTube001]

it's called cotton wool kids and it's a great market opportunity.

[@dshawn1000]

I think they were too outspoken about not having their calculations handy. But they're cheerful and seemed easy to work with.

[@mastergl7225]

If they praise you, they dont want you. If they said bad things, they want it

[@11yolkel]

I have watched this for over a year now and really like the show, but only for the pitching and ideas shown. The Dragons themselves are such "non starters". All we hear is "good idea but too early" - week after week ! I have never seen four "investors" with such a lack of guts to back something that is early days. Get some real investors in instead of camera celebrity wannabees who are just using this programme to advertise themselves - the programme should be for pitching to people who take chances, this four couldn't spell the word chance let alone take it.

[@11yolkel]

I agree with me.

[@Satyan07]

@@11yolkel lmao

[@mayowa_adegoke]

They valued their business as low as basically 1x sales yet these sharks wouldn't invest 😑 Aussie sharks are broke. These enterpreneurs really need to start exploring other countries' Shark Tanks/Dragons Den with richer Sharks

[@SorryIJustAteYourDog]

Steve baxter and Andrew Banks are net worth 100 milish more the debroah meaden or jenny campbell. Fashion is just a super risky business. There's nothing to stop a big fashion brand starting up their own brand if the market is there, so the execution risk is to high

[@11yolkel]

Well said, the programme is dying a death with these boring pretenders, no charisma or money between them - total waste of time.

[@ronaldrohanp7209]

I'd rather just buy crocs

[@adamrandles4055]

Naomi is one of those people you meet on a night out that asks for your Facebook even though you’ll never see them again.

[@MohammadAli-ev3rl]

They literAlly copied H&M s beach shoes 💀💀💀

[@sayantanjana7142]

1.5 million forecast for 2020 and then COVID-19 hits, no outdoor summers, no beaches :(

[@MakingEndsMeet_JudysStopNShop]

I bet if these girls came up with booties for dogs made out of the same neoprene material I bet Glenn would've been interested then! He just missed out on something really good because they could've done that for him! I'm just saying

[@melissamcclain34]

Business is going strong and are forecast to reach 20 million by 2023

[@JeromeMcklansky]

3:19 what was that

[@Ryuuu]

bruh 💀💀

[@RaceMentally]

Babies love them. Babies have now started ordering them off amazon to their cribs.

[@Scifiwriting41]

I dont get it. What did these sharks see that I didn't? This business was really good investment!

[@11yolkel]

They simply haven't got the money, just four out of work actors playing a role for the show - not joking either.

[@JohnSmith-gy4qj]

They need another product for winter orvthevoff season.

[@AdamFrancisco]

Very bizarre. So much positive feedback and then everyone was out.

[@11yolkel]

Not Dragons but Weasels, there just for the wannabe cameras, if it was radio, they wouldn't leave their homes,

[@emptyemptiness8372]

You can buy similar shoes for toddlers made from the same material for $2 in pretty much every market and shoe stall/shop here all over Thailand and have been available here for years and years...and so for that reason i'm out.

[@ParaVids_andVinyls]

3:18. steves face as he reads the box lol.

[@prashantgarg9570]

reads with his mouth

[@dankaholicignoramus4155]

Does Stacey realise that the angle she keeps tilting her head back at is not a very flattering angle for that jaw

[@paulopires7162]

The red lady always be like: I'm in and for that reason, I'm out

[@davidanthony7495]

and Did They Come back Next year?

[@michalwalks]

These dragons wouldn't buy a winning million-dollar lotto ticket for $50k because they just don't have the money to buy it no matter the upside... Then Janine tells them to come back on the show next year, though Aus' Shark Tank was axed by then and the shark tanks and the sharks were thrown back out to sea.

[@11yolkel]

So the four of them go back to drama school to learn their next parts, a couple of years pretending to be business people on a soap opera hasn't worked out for any of them, they have to try harder in their next roles or they won't make it in show business.

[@silver_surfin7270]

Nice.

[@zamoro10100]

This show died because they didn't have a Mark Cuban who could throw away a million like it was a flier. Every Aussie entrepreneur that went on this show with a valuation over a million, the sharks were all out. "Come back when you're making millions and we'll invest!". They couldn't afford to take a flier and a leap of faith.