“You’re Making $455,000 - Why Don’t You Pay Your Poor Old Mom!” | Shark Tank AUS
Annas 'Ace' Ahsan is in the Tank asking for an investment of $80,000 in return for a 10% equity stake in his spice business which he had valued at $800,000. 'Your Flavour' is handmade seasoning products that claim to be a healthier version of what is out there in the flavoring market while giving customers a ‘reason to season’ but Naomi Simson loses it at fellow Shark Steve Baxter after he insults her 'ridiculous' offer...
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
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#SharkTank #SweatEquity #RidiculousOffer #YourFlavour
"No real investor should offer (50%) either mate" DAYYYUMMMMMMM
He's being devoured by the red balloon shark.
Steve went for it. Mad respect for him having said it, too! 👍👍👍
Your counter offer after her tip should have been: 80K for 25% & you'll get 35% if we get into 10000 retail outlets in the next 24 months
Ziad Yachoui I like that. 👍😏
“So you want me to work harder to get more percentage? I want that percentage now so I can work less. I got 50 other businesses I work on already.”
@@eddiecardwell that would be big red flag. Better walk away without a partner with such a response 😂
@@kineticblues2766 then we are on the same team 😉
Ziad Yachoui 😁indeed.
Steve was literally trying to help the guy. Should have listened to him smh....... id prefer advice over a deal with the devil.
Amen!
He didn't take the Deal in the end.
I'm pretty sure it's easy to sit back here with nothing on the line and say "i'd have done this or that" when it's potentially your life/life's work on the line, I'm sure there's a lot more pressure on the decision as opposed to when you're sat at home with one hand down your pants whilst sucking dorito dust off the other.
@@Logicsuperceeds lmfao calm down buddy
Yeah for real she looks and sounds like a witch at the end that laugh 🤭
The 'Why Don’t You Pay Your Poor Old Mom!' scene lasted like 30 seconds.
Lasted 10 seconds
i didnt even see it, must have blinked
Welcome to shark tank Australia video titles
Not gonna even lie when I saw the tittle I thought it was Dr.Phill show 😂😂
what else do you expect the title to be? "A guy named ace pitches spices and talks about his mum for a bit and then when he gets down to the negotiation four of the sharks are out and hes left with naomi. naomi offers him a shitter of a deal and steve tells ace so. Ace tries to counter with another shitter deal before figuring out that his shitter deal is in fact shitter. After this brainstorming session of shitter deals he offers naomi a shitter deal and gets robbed fucking blind." hows that for a title ya dickhead.
This dude sounds like he’s gonna cry
He needs marketing of his products
Cok* . Dude haha. He needed a boost ;)
the bbc dragons den had a lady who just about cried and had to be seated or the anxiety was getting to her. Same here. Poor guy.
@@marcelnz Yeah but that's because her product was shit. Not because she was getting robbed in pure daylight.
So.
She just ripped him off big time, poor guy. Thank god for Steve trying to warn him but oh well.
yeah sad , but his business died out fairly quick so he hasnt lost much so to say
Poor guy? I say he had a great opportunity to listen to another pro in business. He was just being hasty. The business crashing is a kind of proof.
@@davethegreat689 how did it die out? did either he or Naomi make any money? Did Naomi get her investment back?
@@tor13128 they stopped using social media and were trying to sell their products at like 70% off , cant find their products anywhere now too :/ i reckon naomi took a big loss
@@tor13128 it's only been like 2 weeks. It's ganna take a little longer then 2 weeks to get his products into 10,000 stores
"I actually just bought some, it's on its way" Ace: *excitedly gives high five* "...But I'm out" Ace: *visibly regrets high five*
LOL she's like "better get it before it's gone, ha!" savage!
Steve was awesome this episode, I really appreciatie his input, because he was actually right...
Steve is that honest person that tells you even if it hurts. Always respect that because he'll never leave you in the dark. The real malicious person is the one that can see you're about to fail, but rather than slapping you awake, they pat you on the back on your way down. Steve is a much nicer human than both andrew and glenn combined.
He tried so hard to save this guy, if only he listened.
No doubt that he is straightforward and ruthless at times . but that just he is honest. But he will always love after that they get the best deal and shouldn't fall for traps.
Only 4 out of the 27 businesses actually got the money after the show that
@@hamza361 what why
She realized that he is a Mama's boy and so she put on the angry mom until he almost cried and ripped him off big time. He isn't mature enough to talk to those people and she is a cougar waiting for prey 😅
Great psychological insight actually. Hate her to the guts.
Factsss
Yep. He basically groveled for her to take the 40%. He went from 25 to 40 when he had a soft offer of 35% in his mind. He forgot what she said about having it be the other way as an incentive too. A counter with 30% and an extra 5% if she delivers would have been good enough.
I was thinking that too
Steve is the best shark to make a deal with. He's always giving people the truth of the situation and he's someone I'd want on my side.
Yeah but he will never get u haha
That Red shark used his lack of confidence against him to take as much as she wanted. This guy shouldve rejected the offer and given that 40 percent to his mom
She even lowered his confidence further by pointing out that he had no culinary background. She is a crafty one.
@@AlexP-jz9sg business is a ruthless dirty game sometimes not for soft people like him
Why are people so suprised by that. That's how business works. With every sale, every deal someone looses and someone wins.
Dude the point they made about barrier of entry concept She has to spend enough to get him established as a brand And she was being honest in that she could’ve sat on her ass and get 35% - the American Shark Tank would’ve just been like no or screw it. And Steve gave him a good perspective. And then he needs the help enough to pay her value and she took it. It was a good ebb and flow.
@@luxurypetscz not really. There are certainly a lot of win-win deals. It's all about knowing your value, and knowing how to negotiate.
Not gonna lie, Steve is kinda harsh but he’s a very smart and precise man. He knows how to ask questions that will leave the entrepreneur unresponsive for a few seconds. Not trying to diss him btw, I think he’s a great individual.
Yes, hes the best of them. And a great personality to boot. Id like to work for someone like him. Zero BS. Red Shark is a bottom feeder.
For non Australians Steve ir REALLY hard to understand. I can't understand him even with CC.
I have no idea if the entrepeneurs are speechless or not, the cutting and editing in this show is insane. Not only between every sentence but even every word. jesus
@@nachcam as someone who isn't even a native English speaker and can understand him just fine, that may be a you problem lol
@@KFGustavo 🥺🥺🥺😔😔😔
Steve feels so bad for this guy look how concerned he is! It's kind of heartwarming
Yeah, Steve is a good one. I think he honestly respected the guy and his hard work & dedication to his product. Steve KNEW Naomi was ripping the poor guy off, and I think he felt genuinely pissed off for the guy. I was too, tbh!
He should have just asked Steve if he would reconsider and go a little higher on his percentage since he was already helping him
The only time I've seen Naomi strike a deal with anyone on this show to this day and she ripped him completely off. Dude makes 80% profit margin. 500k in sales and she stole 40% for 80k smh i already despise her but now I hate her
She talked to him like a child, I would have told her to f**k off.
Was looking for this comment. Yeah I had a feeling she was a crafty one, but damn just a cut throat.
She knows how to played the game and he allowed her. Well deserved if he was a blind bat
Why would you hate her? She simply gave him an offer, but he's the one who accepted it.
It’s all business emotions and business don’t mix. No reason to hate her the name of the show is literally shark tank. She smelt blood.
Steve is always looking out for them. i saw so many episodes where is always on their side to help them bargain. He is straightforward and honest. But he values the other ones efforts in the business .
Ace looks like he's about to cry. Naomi ripped him off.
I feel bad for him. Clearly nervous and taken advantage of. She became defensive once the other sharks were showing her bad intentions. Yikes.
"But you are not gonna like it" savage
Steve is a Man among the fishes.
Steve is by far my favorite Shark. He calls it out as he sees it, but he's also a compassionate guy.
A man among fishes in would drown btw. He is my favourite shark as well
Steve is a blubbery old fool, acts like a baby more often than not
@@ethank5681 he's baby, compassionate but sometimes pepega lol, sometimes he loves the product and pitch and say don't take the other sharks offers (bottom feeders like 30% to 80% offer) but he himself doesn't offer Australia is upside down anyways.
Fish is already plural bud, it's like deer or moose
This is the true definition of being a shark. Holy shit, she ripped him apart and my boy Steve was trying look out for him but he folded like a omelet
You comparing the dude to an omelette got me dying over here LMAO
You have 123 likes... I don't want to ruin it 😭🤚🏻
@@jeryani9481 ty lmao
@@AR-qo4zz 🤍🤍🤍
@@jeryani9481 ruined it
When Steve said No real investor never ask 50% and the shocked on her face, in her mind: “you better not F&CK this up I’m stealing his money”
Steve literally said Fk after the deal was made. He really didn't want him to deal with naomi. The 40% was a big chunk to give off
He's being devoured by the red balloon shark.
Burp!!!!! 🦈
What was the comment about red ballon? Was he saying she was going to get him in 10,000 red balloon stores or something?
@@zd5587 Red Balloon is a gift store/platform, he was saying that she would be giving a bottle of spices away in a "gift basket" product, rather than stocking it solo on the shelves in a supermarket.
@@GT-hy2wm Thanks for the explanation, I’d never heard that term before.
@@davidanthony7495 lol
Aww man, I feel bad for the guy. He should have stood his ground of no more than 25%. It's gonna hurt in the long run
The business doesn't exist anymore
@@presjar4016 why not
@@cr7goat385 Someone lost all the spices.
these long run comments are so moot. most of these businesses go bust within a year so if there even a long run to speak of then it's a miracle and they should be counting their blessings. 50% of a running business is better than 100% of a failed one.
JewTube it did fail after he gave 50 percent away. 😂
$20 for a bottle of seasoning. Tell him he's dreaming. Supermarket retailers would laugh at him. They have their own brand seasonings for like $3 a bottle.
You'd be surprised how rich most vegans are and how much they are willing to spend on vegan food. Let's be honest, no poor person decides to go vegan because he is tired of eating meat.
I hear your point but how many spice mixes aren't vegan?
Seasoning lasts a long ass time too. It’s like people who buy a stick of makeup for $30. It’s a lot for the size you get but that size lasts a long time.
Supermarket retailers are not quality products, look on the back of a $3 jar of spice and you’ll know. There is a growing upper market for spices and especially in the vegan and paleo space, people will pay $10-20 for a spice that is what they want or need. I personally have paid $14 for a spice, admittedly it was a larger jar than in this video but it was a quality spice that I reserve for BBQ with friends.
@@An00bisY00tubis Since when are spices not been vegan? The shelf life of these particular bottles is not long after opening. Personally, I buy spices from a specialist store and store them in air tight jars. I would never spend $20 on any spice product, except saffron.
Steve knew it was a bad deal even before she started. Smart guy and really understands where the entrepreneur comes from.
Lady in red : "thats tha way a businuss stauts, by looking out four eachotha" Also lady in red : "i want 50% of your businuss"
Lady in red aka Naomi read your comment and because she couldnt read it shes out
Businuss O B O D D Y
Lmaooo😂😂😂
I love Steve, he speaks pure truth. Respect
That '175k for a social media influencer' was most likely 25k for the influencer and 150k on a Lambo
Honestly it sounded to me like he had a crush on an 'influencer' and then he tried to buy her affections.
Steve is a banter. “You’ll put this on red balloon” 🤣
Entrepreneur: “a reason to season” Narrator **puts his fist through a wall, enraged that he didn’t say that first**
oh "haha"
Wow, Naomi was the only one left and there was still 6 minutes of the video, impressive!
when he made the 40% offer he legit looked like he's about to cry ...
Steve’s my favorite on this show. Very honest!
No amount of money will ever change a person like Steve. He’s the real deal.
This one actually broke my fcking heart.
Before Pitching To The Sharks: I’m so confident to get in there and change the game During His Pitch: Feels like he’s crying and totally can see he is very nervous
So?
14:06 Did you catch what Steve said?! 🤣🤣🤣 I used to think Steve was a jerk, but the more I watch these episodes, the more I like and respect him. Honestly. The dude is aces. 😉
His counter offer indeed was awefull. Doing it the other way around would've actually made sense.
Awful indeed!
He was trusting she would be honest as a partner.
He should have offered her 50 on the condition that SHE delivered the 10k stores.
As an entrepreneur, it was painful to see him break down when that lady in red asked for 50%. Even 40%... it's a rip-off. I think its because he came with a mindset that he wanted a deal... and didn't think things thoroughly... I HOPE he decided not to do the deal after the show.
I love the fact that If one of the sharks wanna play with the business owners the other warns them quickly and make sure that they are not played .
got to have alot of respect for steve even though he's out he still butts in with advice :')
Why are y'all bashing the guy. It sounds like he's suffering anxiety attack.
That was nasty of her. When he comes to sense he gave away 40% of his business, he will quit. I reckon she won't even make money off him. 80k' could be 3 to 6 months of marketing only.
his Facebook store page has closed ... i think you are right lol. EDIT: bankrupt
w3w3w3 oof that’s sad lol
bro hes shaking so bad i feel so bad...he was so confused and nervous he didnt know what to do and naomi took advantage of that
I have seen only few of the episodes, but each time, I always love Steve. He is somebody with good integrity. I would love to work with him someday.
I’m so glad that he pointed out “no real investor should offer it either!”
13:56 Steve's reaction says it all
This must be an old episode. The last post on his facebook is March 2019 and the facebook store is gone.
Typical
They probably rebranded. Revealing the cost of $3 and selling at $25 on live tv is a marketing disaster.
@@justinktang higher margins than apple lol
Steve is my favorite. He genuinely cares about the little guy!
I am really glad Steve cheered this young man on! I think it was terrible for Naomi to ask for 50% and make that young man so miserable! Usually I really like her but this episode - not so much! So happy for the young man to get a deal!
Don't get too excited. His company went bust and closed down.
@@Eidolon1andOnly damn no way...
@@iluvcatslol5714 His sales were primarily driven by one influencer. His product cost twice as much as what we would buy in a super market. There would be no real room for her to help him other than finding other influencers to push it. He didn't prove that cpc advertising or super markets could sell his product... so without that influencer he had nothing. That's why I think it could easily fail, doesn't mean it was destined to fail, just that it was fragile.
"entire house smelled like spices" seems to me he's never been inside of a Indian household lol
He never smell the indian armpit they are spices everywhere
@@mrxxx2599 so you've smelled Indian armpit? lol
@@nahfam360 yeah whose name is xxx they try to smell every part of body so he might have. Dont question him
@@mrxxx2599 odd slag aren’t ya?
Steve seems like an actual stand up dude. Actually really seems like he was trying to look out for Ace.
1:07 “Weegan” lmao he stumbled so much
Seems like he is Indian by ancestory, and they pronounce Ws like Vs and vice versa.
I felt sorry for the guy, he looked so pale & the anxiety was pouring off him.
He's pale because he's on the paleo diet.
@@thesadwolf 😄😄😄👍👍
This is ridiculous how important it is to capture every shoot when they remove their glass or put them back up.
lmfao
That was a bad deal
Absolutely love Steve! I just wish someone gives him the product first instead of last
He should have never made that deal. He should have listened to Steve and stuck to his 25%
he didn't after the show. and he went bankrupt.
@@marshmallowmann20 You might be right. The instagram page for his company, 'Your Flavour" is private which is strange for a business but there is a 'The Flavour CO' instagram page. Slightly different company name but wondering if it is the same company with a different type of flavor product. The Flavour Co products looks fab - wish they shipped to USA as I'd buy them.
she's pissing him off
I don't agree on this "disincentive" BS. Sure, if she doesn't help him grow his business, she gets an extra 10% equity, but $80k returned in 24 months, on a business that's already making $90k profit PRE-SHARK TANK, makes the $80k in 2 years a no-brainer, and the 25% could very well be worth more, with her extra boost, than 35% if she were to slack off purposely. The proposal for more equity, should the business not be able to return the initial $80k investment is insurance for the investment. More equity in a failing business is shit compared to less equity in a thriving one.
Nahhh, wat she said made sense. I think he should’ve said it the other way around 25 percent to start and if she makes good on her word in a yr he wil give her 40 percent of the company
If she owns 25% of the business wouldn't the business need to earn 320k in order to make back her investment? He's currently making 90k so he would need around 3 to 4 times as much profit to pay her back. Even a two year time period might not be long enough for him to pay it back unless he sees expotential growth. If she slacks off pretty sure she can get that 10% pretty easy given hes spending about 170k on marketing. I mean what difference will it make if he was given 80k? The real value here is the shark and the show. I agree he shouldn't have taken the money but I'm not sure if I agree with your point.
Idiot gave 40 points up for nothing. Gonna end up with no shares in a few years due to funding needed.
@@maxlin2800 That's definitely one way to look at it: if you do well, we'll give you more equity. Not saying your way is wrong or anything, but my point is, giving her extra equity in the event that they are not able to pay her back is not a disincentive, it's insurance. Let's be honest, businesses don't always go the way we want to right away, and just because they aren't able to pay her back in 2 years doesn't mean they failed, it just means they grew slow than they'd like. An additional 10% is definitely insurance, and not a disincentive.
Agreed. She even said herself it's "speed to market".
"None, dead right." Love that guy!
Love how Steve is dishing her. Lol did she really said a partnership starts from looking after each other when she just started by ripping him off?
The biggest difference between this shark tank in the united kingdom‘s shark tank was that this boy was praised for having another job to support himself but in the United Kingdom‘s version they would’ve torn him apart for “not being committed enough to the business”
The way she came up to him laughing, was how a shark comes up to nibble his food
If I had a business and would be there, I would only work with Steve. He seems to be the only one who seems to be totally honest. He has german level honesty, thats why he appears rude, but that is what you need in a business partner. He sometimes has to tell you that your idea is stupid.
This is where 'full of confidence' brings you
Imagine having this lady in red as your wife.
no, i can't imagine that.
A blonde is cash money. Im in and i will train that bitchness into my a proper wife.
John I’d do the same 😂
@@lovelife9954 thing is you'll be the one getting trained.
True this kids think they can train 😂
"She has been great for me" Yeah, I'm sure that's what she told him.
Thanks for the tier 3 sub
i found steve is a sensitive guy, but really helping more entrepreneurs to get more good deals
damn that was so intense! lol. Steve's facial reactions just added to the drama. loved it!
Yo this entrepreneur gets mad respect from me 💪🏼 quit his full time job to focus on this but still keeps a part time job
The packaging is great I just find it hard to be next to items in the store for almost 4 to five times what other products are worth and people would be attracted to that.
Amazing episode
He was the most authentic person I have ever seen on Shark Tank, thank you Ace !
The camera can’t stay on one face for more than 3 seconds😂
Has there ever been an episode without a close up shot of Glen taking his glasses off with a concerned look on his face?
He showed the contractual negotiation skills, which is why he got the deal, but he made a great choice because flavors can be duplicated and then speed to market and many other business considerations come into effect.
Thank you, thank you for your time
Played on the kid's emotions. Damn brilliant
13:56 Steve’s reaction is funny
They way he introduced himself lol "Hello this is ace..."
Man this guy i really respect this guy he was holding it down till the end my got damn nerves got tingly
4:48 He was almost crying at this moment wtf
he obviously isnt THAT knowledgeable in business. you can tell especially from his counter offer...Naomi just straight played this man...wtf
7:52 ...a Red Shark 🦈 😂😍 9:00 ..."but" you not gonna like it Steve, Oh Steve 😂
Awesome episode, if this guy got some food in to show how spectacular the seasoning was the response would have been mindblowing
So his business no longer exists, and that's a shame. It looks like on 2nd looks, red balloons Naomi didn't go through with the deal.
Oh no 💔
Really? 😞 That's a bummer. Sometimes coming on this show is not a good thing. Competitors watch this show, and they have the means and the marketing to launch a product identical to it, which means people like this poor guy are left in the dust. It's sad.
My mom is allergic to onion and garlic. Can confirm, they're in everything, especially seasonings. A product like this would have been wonderful for me to have growing up.
Love the Australian Version of Shark Tank -- they are like your friends but sharp & cautious in minds.
They say it's a "disincentive" when do do the same kind of deals the whole time. They offer for 20% for example, and if they get their money back in 2 years they go down to 15%. It's exactly the same.
This was intense, negotiation is at least always intense for me 😂
13:56 Steve knows it’s over for the guy. You can see him mouthing, ”oh, shit”.
I think it's closer to "fuck" lol
It's amazing how money and power standing in front of you will make you shiver in your boots.
Thanks for sticking up for him, Steve!
Steve will be the first out but always the first to say someone else’s deal is horrible
Most spice are already healthy if u just take the salt and sugar out .
That 50% deal would have been brutal.
Its the fist time i see the show this lady is very ,top.my respects.