35% Drop in Milk Price Nearly Liquidates Wheelbarrow Company | Shark Tank AUS

Peter is a dairy farmer who epitomizes Australian innovation. He saw a gap in his farming equipment so he went to work and created the Rat Barrow - the first ride-on articulated tipping barrow to assist in material handling. He is in the Tank asking for a $200,000 investment for 25% equity in his business and is looking to use the money to secure a large manufacturer and eventually scale into the U.S. He’s done the hard yakka, will a Shark jump on the Rat Barrow for a ride?
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 #TheDairyCrash #Heartbreaking

[@kamerons9967]

Never seen that on an investment show before. 1. The tycoons offering their services for free 2. Standing up at end of pitch to pay respect

[@TooLateNate]

Farmers are well respected because they uphold some of the toughest and most grueling jobs and support a lot of what we take for granted. I think they all saw a piece of themselves in him when he mentioned losing that money and the ability to continue working on it because of market fluctuation. Was pretty heartwarming to see it.

[@jonathanm2690]

@@TooLateNate couldn't agree more, the 5am midnight finishes, all weathers

[@erepsekahs]

THAT was very impressive....and they did not whant to anchor themselves to a potentially sinking ship. I do hope he did park outside John Deere's Head Office. then 20 years ago I could have helped him.

[@thomasjohnson2038]

Farmers are respected here in the US to

[@Kintaku]

@Michael B yeah that's something I really like about Australian Shark Tank.

[@jaiveer9512]

He actually got the real deal they r willing to help him without any money

[@beanacomputer]

Well and Andrew said once they sort out the numbers they can talk about investment again, assuming that's something he still needs then.

[@issemxfi]

Pfff BS mait..

[@sergiog2930]

🤣🤣🤣🤣

[@mikanyyssis]

I doubt they will even remember that guy next week!

[@fahmiyassin2517]

He got "THE DEAL"

[@CartoonistVikrant]

How much respect shark gave to the farmer. Australia respects farmers. Good.

[@jonathanmascarenhas185]

Let’s not talk about india bro 😂

[@cypresswoods5220]

No Farmers No Food

[@jerrycruz1709]

How it should be farmers are the backbone of any country

[@BIGBEN9999999]

Doesn't happen that often: all 5 sharks standing up to greet the candidate when there's no deal. It's like a standing ovation from their part... (+ really wanting to help him, all of them). Great to see, this guy deserves it

[@notexactlypaul]

This is the most wholesome shark tank/dragons den segment in existence

[@meatbyproducts]

Look up the Tree T Pee on US shark tank. It is awesome as well.

[@charliebruner8243]

I’m here in the US and I can say without a doubt these “sharks” aren’t just about the equity stake they are about helping people succeed. I’ve yet to see an episode here with the “sharks” of the US that have said hey I’m not going to invest but I’ll help you out. Absolutely good on these people.

[@mynamejeb8743]

it does happen on occasion where they dont invest but open doors to the Owners towards their contact or someone they know to help them

[@jabeshemmanuelamador2232]

Not Jeanine HAHAHAHA

[@choicemeatrandy6572]

@@mynamejeb8743 When? Lol

[@Omnamahshivay8079]

well said , neither in India.

[@danielwolf9582]

Have seem in a handful of times

[@ChrisGraham96]

I actually think I look at it differently I think what they did was amazing. They realised that it would make money and that he was struggling. They offered basically to do what he wanted for free.

[@JacaboBlanco]

Yeup the American sharks would have charged him 30% per phone call 🤣

[@ChrisGraham96]

@Jay Jay whether they do or not I dont know but I'd imagine they probably due its 2 second for them to get a conversation sorted. In the ends its reality TV got to treat it as such

[@theman5614]

@Jay Jay I might be wrong but I think they will go through with it. Their busy people but phone calls don't take too long and they can always pass it to someone working for them to do the mins calls. If they don't go through with it they risk ruining their reputation which is something a lot more important. Their clever people so I'm almost certain they go through with it. They wouldn't want to risk having any comments or leaks they didn't do what they said they would so instead going through with it and also good media attention that they are doing something nice for someone who is having a difficult time.

[@Gabe_Maher]

@@theman5614 google his company he posted an update video awhile back

[@LarryNoblesLAN0443]

@@JacaboBlanco Sad but probably true, we still struggle under trump and his mental illness.

[@jonahrobinson4391]

it says company revenue is now 3.6 million

[@theolamp5312]

For $200,000 it struck me as a good investment for any of the sharks.

[@HiHi-ek1dd]

Nice.

[@vikkorheel9966]

Awesome

[@Seekah_]

A massive thanks to all farmers, they truely make the world turn.

[@richardmorse5568]

I think this is the best one of these videos. My grandad was a farmer. Brought tears to my eyes to see them all paying respect and several officers to help out if common decency.

[@TrainFlood]

These aren't sharks these are just typical Aussie's looking for drinking mates.

[@austingrimes724]

I come to shark tank to see people’s dreams get ripped apart by investors and here I am almost in tears off a fellow farm boy 😭

[@loli_uwu3784]

@bitterman co are u vegan?

[@loli_uwu3784]

@bitterman co just asking a question nice weird grammar u got

[@austingrimes724]

bitterman co ahh this is the aggressive energy that should be in the show but instead it’s someone being a keyboard warrior.

[@Gabe_Maher]

@bitterman wow you were rude, I know vegans way more nice and more considerate than you.

[@tylerthecollins7256]

@bitterman co shut up ranga

[@reubenreviews3913]

Steve: that’s brilliant mate Bloody fantastic Wow 😮 Mateeee

[@stevencowan37]

I think you can't help but feel for the guy. He did everything you're "supposed" to do, worked hard to keep his farm going and made a super useful invention, and through no fault of his own ended up having to put a potentially million-dollar idea on hold to keep his home. But I'm glad that he got access to their contacts.

[@TheLochs]

this was so positive and uplifting. It just goes to show you that these people are money/business minded, but have hearts, and are normal just like you and I.

[@kamiskam420]

It's because they are Aussie and not American and understand the meaning of the word respect

[@TheLochs]

@@kamiskam420 so Americans don't?

[@dannylonsdale19]

Didn’t do a deal BUT you got what you went in for. Fantastic team.

[@krissdbpc]

This is what working at the farm does to you ! This guy knows his business, knows his numbers. I've seen a lotta upmarket B-school grads fumble at that ! 🤠

[@erepsekahs]

Of course., there is NOTHING like experience which is why I believe the old apprenticeship system is still the best. I have a friend who started at a bank as a week-end teller when he was at university.....today he is a Vice President in charge of international bond trading for that bank....he says that after graduation from university he kept on with the same bank...."And I just never left."

[@korubi.coffee]

Let's face it...there are also a lot of farmers who are thick as shit. They're not all winners.

[@aaronspain3387]

With so many farmers doing it tough in Australia because of our years of drought, it's good to see one expanding his options and not just asking for a handout because of poor business choices and putting all his eggs in to one basket. It's also good to see that the sharks didn't bite his hand off and take ludicrous amounts of equity, and that you could see in their hearts they wanted to see the business succeed, but didn't feel comfortable taking profit from his company/farm. I wish more people in this country acted like this: we don't need cash handouts, we need access to opportunity and a helping hand in diversifying our skills so that we don't have to sell the farm to feed the kids, that's all.

[@manydman]

You just know after 20 straight episodes on YT that Steve is the big money man here.

[@moxgraphics4346]

Glen is the richest I believe.

[@matan7899]

You meant Andrew

[@benyamindavid8822]

I love the sharks in Australia. Sharks in the US doesn’t act like this in the shark tank

[@Wizardofgosz]

I was just about to say that. The US Sharks never offer to help when they're out on a deal. All 5 of these people offered to help. And I thought I hated Steve after seeing the first few of these, but over time he's not as bad as I thought. Especially when he said "You deserve to win."

[@mohammedyakub3760]

I know, if the aussie sharks compete for a deal, no matter who the entrepreneur picks, the shatks act so happy you'd think they all got a deal! Mr wonderful and mark cuban goes in a huff every time someone doesn't pick them

[@PandaJerk007]

@@mohammedyakub3760 , Benyamin David To be fair, Shark Tank would be less interesting if the sharks on the US and Aussie shows all had identical personalities and were super nice

[@AntonFlier]

@@Wizardofgosz in all fairness thats just about image building, you dont know how much is done after this. But i do agree the USA one isnt as good. I watch dragon den UK, thats how i started and i wanted more. And the USA one just doesnt really do it for me. But the australian one is really solid.

[@Wizardofgosz]

@@AntonFlier That's true for every version of the show. But showing all of that support is good. Maybe it's PR, but it's working, because many people think they're the nicest sharks.

[@philipocallaghan]

One of the more uplifting clips........I smiled/grinned........almost cried even!

[@cloutgodz2703]

Naomi: I don't have any money so I'll offer you my time

[@ElusiveTy]

Time is money!

[@cloutgodz2703]

@@ElusiveTy for poor people

[@NateWithWho]

@@cloutgodz2703 Time is the best thing any person can give, because you can't make it back like money.

[@duncanclan6186]

I love you. I love the product. I could see myself really driving this to market. And it’s for those reasons that I’m out. - Naomi

[@mrbigruss666]

So much nicer than any other show, to give up their own time like that is spot on. Fair play

[@oddron8643]

His company is now up and running. Has a worth of 5 mil a few yrs ago. Got this man's company going for nothing in return. These sharks are just great people

[@leesawford]

The footage of him capturing cows with a rope at the beginning was imperative to his pitch for me. I just wouldn't have understood the concept of a FARM without it. I'd have thought he was selling chocolate fire guards !

[@nnotloc-]

this dude got the best deal of all time. mans got all their contacts and help for FREE. everyone else sells their company for that. steve even said it "this man deserves to win"

[@randallcheek9308]

Im American and i love the aussie sharks. They really are awesome. Really seems to care and not arrogant like the american sharks and get along really well. Love it

[@stephaniewhite9526]

That was heartwarming. I hope the sharks helped him.

[@abhijeetraut6427]

I guess this isn't Shark Tank. This is like a charity where Tycoons are trying the best to help budding investors. I love this.

[@Itisfinished2024]

It's only this episode. Majority of other episodes they dismantle people's dreams and disrespect there integrity for making little mistakes

[@ravgill6156]

Also check out Tree TeePee on US Shark Tank. Also such a good episode.

[@BrownBoi14]

Chill bhaman

[@waelhussein4606]

Amazing Australian spirit

[@shakthidhasan4544]

This is a beautiful sincere person and i wish him all the best.

[@vedantmomaya1533]

The best episode of shark tank

[@NinjaCatBeats]

I hope he realizes how rare it is for all the sharks to stand up after they didn't make a deal

[@tomasklovas5560]

What a great guy, I wish him all the success

[@MrGig16]

I hope it’s worked out for him. Lots of love and hope for ya.

[@neilrowe119]

What a top fella! Best yet

[@purelight6663]

"Retired bull rider 😂🤣" only in Aussie programs you hear such things 😆

[@GodOfPlague]

That has got to hurt riding bulls

[@beefage]

Love how they all want to help him.

[@lasttrendstandning2940]

Nice people in Australia here in UK same tv show is like funeral full of disabled investors

[@i.canalista7718]

Dragons Den is not so bad. I watch both

[@lasttrendstandning2940]

@@i.canalista7718 compare to US or AU looks like they didn`t want to spend money on that tv show they did somewhere in the basement ugly ass tv show. Another thing is people come and ask for 100k and they are called scammers many times coz ik UK 1 million pounds business is some big thing but is US or AUS pretty normal

[@smoothie9931]

@@lasttrendstandning2940 A 1mil business in the UK is also very normal, especially in London. The only difference I can see between these shows is that the Dragons are far richer. *shrug*

[@raphaelthegangstalked3447]

LastTrend Standning your mom isn't that bad lad, dont be so hard on her ya tan ..

[@SiLoMixMaster]

@@smoothie9931 The Dragons are richer? Lmao Mark Cuban could buy and sell all of the UK Dragons combined nearly 5x over

[@T5_7ven_Muziq]

this guy needed a win i'm glad he got some help and the company is doing ok now

[@MagicAirways]

Wow these sharks are much more kind and generous along with the right business mind than the sharks in the U.S who only look from business perspective.... They actually gave him the best deal of his career....

[@priceless1995]

Aussies love their farmers

[@TheFrogInYourClosetWatchingYou]

I absolutely demand a follow up! I cant find any updates

[@TruenoG7]

Australian supermarket giants are ruthless and heartless. $1 milk at the expense of the farmer is absolute bs.

[@FrenchViking466]

This is the best episode to date..

[@xxmyyoursxx123]

Hope to see it soon at my local tractor store

[@r.h.1400]

I worked construction for almost 2 months recently and I ended up with "trigger fingers" because of the wheel barrels, if I had that thing with me my hands would still be good :-(

[@BigBeerus]

Only 2 months? Your soft

[@iowaredneck9416]

Without farmers like him, truckers, and several other trades, the world would collapse. The sharks definitely understand this and highly respect him. He didn’t get a deal, but he got their contacts and mentorship. They didn’t want his equity. They want him to succeed. Maybe a percent of a licensing deal later, but in the tank, it was all about respect. Love it

[@theolamp5312]

This guy is genuine !!

[@sankadill]

We love our farmers down here in Australia. They keep us alive.

[@BillyBob-wh7uj]

This guy deserves to be rich

[@christschool]

Those types of wheelbarrows are all over the US and the design is actually better than this one and they're much much cheaper. These things are going NOWHERE. Amazon and Home Depot sell one for $500. Not as nice as this one, but does the same thing.

[@clayTRGR]

Yeah I prefer concrete buggies but I kinda want that makita powered wheelbarrow lol

[@tommydenato8863]

What a man. And what a surprise to see the sharks have a heart.

[@1camerooon1]

On our property we have two things that do the same thing. Electric cart with hydrolic flatbed. Stores double what this does, and is a two seater and has a build in shade roof. And an attachment for our tractor for even bigger loads.... not sure how this is so revolutionary? and both have a way higher top speed....

[@inf3ction808]

Hope this dude does well he definitely does deserve it

[@tibetroof]

Mate what a respect you got from sharks. That's the real deal

[@richard1835]

Absolutely Fantastic Wheelbarrow. I know every Shark enjoyed this episode.

[@robertblue3795]

"Hello dragon's, I'm Peter Bolton from Gippsland" Steve: "where about are you from?" Jenny: "I'm out!"

[@r6854]

I am surprised he did not an investment, not even an offer? The Australian Shark Tank is a bit confusing to me when compared to the others. They like the inventor, they like the product, they are willing to make phone calls, think it can be a success, but do not invest. Yes he needs contacts and business advice, but he needs money as well at least in the short term.

[@ZabieMuriih]

True a bit confusing.

[@skeevynicks]

totally agree

[@eamon876]

It looks weird compared to the others but you have to understand the Australian market is also different. Because we are so large with a small population it makes it hard to crack a market here, and even then the potential customers is way smaller. Yes there's the possibility of exporting it but that adds a whole new dimension. It's sort of like how in the US version they say "it's just too niche" the bar for that is much higher here.

[@r6854]

@@eamon876 That is true, I actually did not think of it from that perspective. I guess what threw me of is when they were talking about making a phone call to someone like John Deere or some other manufacturer to license it. Also the comment about not needing the money. Every entrepreneur needs the money, at least in the short time, that is why they are offering a part of their business. If they were looking for a company with global appeal, I would have thought that this would be a contender. I actually thought they were going to offer him a deal contingent on that they could get a manufacturer to build it. That way they may do more than just make some introductions and have a vested interest in the success.

[@eamon876]

​@@r6854 Even if they don't pay for the equity there's still lawyer and accounting costs, non money based equity agreements are insanely complex and difficult to write up too. It's funny but I guess it's a bit of an Australian thing, there's this idea of mateship and informal favors. They probably look at him, think I can help him be successful, and then rather than getting direct money from his business they instead now have a friend who owns a million dollar company.

[@rcdenholm]

Hope this guys has business success

[@CeeTee469]

So interesting how these sharks greet the entrepreneur afterwards.

[@TooLateNate]

Honestly, great intro by the farmer, letting one of them show off how easily it could be utilized. Hats off to that great inventor.

[@trex69]

They make attachments like that for even the smallest ride along mower. And even big farm equipments.

[@johnbeechy]

license deal is smart.. go back to the farm and use license royalties to fund the .. what ever . Thanks for the upload.. cool ep so far..

[@Gabe_Maher]

Are they going to post update video? I know this was done years ago I just want to know how he is doing now.

[@thebeast976]

Google is ur only update haha

[@Gabe_Maher]

@@thebeast976 very true

[@pats4838]

This is just heartbreaking. 😢

[@vikkorheel9966]

Don't be too smarty pants you..I love those accents

[@sharkupstories5046]

Thanks sharks to help him

[@TheFrogInYourClosetWatchingYou]

I like it I do wish it would go a bit faster though but still that's not bad at all. Its a Cushman with a wheel barrel attachment what's not to like lol especially with those beefy tires. That would not be a bad investment if you actually care about your laborer's backs lol. It's the outdoor equivalent of the Cushman's that pull carts that you stock boxes on. Heck making one with a flat bed that can tip wouldn't be half bad either lol.

[@amadou2011]

Probably the luckiest guy on this show, I mean he literally got the help for free

[@LC-ue6mp]

That is a REAL man.

[@missmud2053]

He never got money but what he got is more valuable the sharks really liked him ...I hope he made it 🥰

[@iqtidar91]

the sound effects really drown out the voice of the sharks and presenter

[@Skirk84]

Ive seen people berated for answering questions the exact same way he did. Love the inconsistency Sharks

[@aaarod75]

I’m a business owner and my workers could use this. The only thing they would have to change is the book it would have to be steal a little bit more heavy duty but I think that’s something I could even change after purchasing this.

[@byron5306]

4.7K for that, my car cost 5.5k and my friends have cars for 2k that seems really expensive. And my car is a turbo diesel ute and can absolutely be used for similar farm tasks. I know cause I have done it Regardless good on him for it, im not saying its useless just pricey

[@crealkillr]

The Australian sharks are so nice. There is a factor of profit, but they all are nicer when they are talking to the people coming in, and offer some guidance, with the possibility of a investment later on. Im sure other investors from the US might also be kind hearted, but it shows more on this show

[@ianlister7333]

I dont understand what happened here,, if they are going to help him, take say a 5% share, and then up that depending on the deals done. Do the cash as a line of credit to be used as needed or something.

[@jonathanm2690]

I think the sharks are being polite by not investing, like not taking any piece of his company, but giving all the advice and help

[@SuperpowerBroadcasting]

Very wholesome ending. RAT Barrow's still going

[@MonacoPerl]

These australian investors deserves respect too they are unbilievible people cant stop watching.

[@louispeters2105]

F the money well work because you deserve to win! That's shark tank HISTORY.... I'm gonna go buy one ride it around the city.

[@Xplicid]

First time Steve didn’t get to ask where old mate’s from 🥵

[@AdvancedUSA]

His product goes way beyond farms. Factories, manufacturing, construction - much more.

[@crimsoncoin1461]

Friendly family show 🦈

[@reddragon6317]

Lol the only place where u get contacts for free.

[@azku]

Probably the 1st time I see all the sharks standing up and shake his hand, despite he's not getting a deal.

[@zeroeffortmemes]

He was looking like a country singer when they showed him waiting to enter

[@adityanharish6381]

This wouldn’t be so tense without the music.

[@Tehrafi]

just watch Dragons Den. xD

[@jayPT77]

Nice guy. That got the sharks on the barrow

[@42lookc]

I think that was the best outcome he could ever hope for: high profile help and connections without giving up one penny of his 100% ownership of the business and patent.

[@starlight2168]

love this great invention

[@mohammadal-hajhassan6584]

Best scenario in shark tank, get all the hearts and support of the sharks but non of their hands into his pocket, for the same desired outcome.. i hope his business is doing well now

[@brahimtawba8488]

❤❤❤❤ he made me cry

[@Xiel89]

The Australian sharks are so nice

[@trickster5941]

Where can I buy the Shark Tank Soundtrack?

[@johnmonk66]

They are the nicest Sharks in the world.

[@andreassnellman4472]

Hmmmm.... what would it have looked like with Mr Wonderful in the room?

[@TheMaskman74]

200k÷25%=Evaluation The offer price ( P) is equal to the equity percent (E) times the value (V) of the company: P = E x V. Using this formula, the implied value is: V = P / E. So if they are asking for $100,000 for 10%, they are valuing the company at $100,000 / 10% = $1 million

[@surendaniel]

Aussie Shark tank ? They are so nice compared to the US one.. might as well change the shark graphics in the background to pink dolphins!