"I think Australians are smart" "You haven't been in retail very long have you?".......I'm Dead🤣

Lmao Naomi’s eyes when they ask “would you do 40%”, when she was probably expecting/willing to go closer to 30

"People's allegiance to quality is as thick as their wallet". So true.

"You killed it in there!" Yup, 100k for 40% of my company and they told me to shut up not once, but twice. Nailed it lol

..and we’re from Adelaide. Steve: Fuck!(In his head) Proceeds to cross out “where ya from mate?” from notebook.

Steve has a private jet!? Wow I'm gonna start asking people where they are from

9:41 Ha ha ha! The counter-offer of 40% was a shock to Naomi. She was expecting 20 or 25%. These guys gave her exactly what she wanted. 45% was just her fake bargain opener. Look at how stunned she is that they took the bait right away & then composes herself to hide her excitement.

"Australians are smart" *Gives shark 40% for merely 100K*

Steve always makes the "2 cent" deals. He always says "I'm out" but then he still gives his 2 cents 😂

I love how she goes, "We've gone INTERNATIONAL!" And then she reveals it's New Zealand. LOL. I said the same thing about my tiny computer business here in the U.S. when I shipped a computer to some dude in Canada. Heh.

Wife: "AND THEN I TALK A LOT" Husband: "yeah..."

"45% is a big chunk" can you bring it down a bit, like 44.73%?

With everyday pitch I watch I get more confirmation that Naomi goes only after the deals other sharks have left and where she can lay her big trap and get a big chunk of share of the business in return

This is a trash deal 40% is a lot for only 100k

That poor bloke wouldnt get a word in with his wife.

They would be good in the disability sector as well. I have a disability and its hard to carry to many groceries or other items from the car to the house, or to make more than one trip. This would help a lot. Especially with the items I can lift out of the car but not carry to the house. Also not having to take the cart back to the house, I can simply fold and keep inside, till I make a trip back to the garage again.

2018(shark tank) : we will buy equity 2020: we will sponsor the company in our videos.

She'd have taken it at 33%!!! Poor simps!

From 10% to 40% 🥶

The way old mate drops the ‘yeh’ at 1:00

"after they have to replace theirs in a year from our competitors, they can pay a few dollars more next year and have one that will last forever with us" would be the correct response to that prod.

I DIED at the edit at 1:32 😂 PLEASE watch this, tell me I'm not the only one

Naomi clearly been reading the comments, finally made a deal wow

I've seen folding carts at walmart for years. I bought one myself from uline.

This was 100% executed beautifully by Naomi. These are the types of businesses that sell A LOT and fast but dry out and die. There were like 15 foldable carts for half the price when this took place but she knew that a chunk of ppl who dont know better would gladly pay more to support a young mom & pop type business.......for a little while atleast. Gave them a fraction of their evaluation for 40% so by the time people realize they can get the same product for half the price elsewhere, Naomi has already made a nice profit and moves on. 🤣🤣🤣 and if somehow this business has staying power well Naomi has 40% of it!! Either way she knows what shes doing.

Naomi is the Queen of sharks! What an amazing, clever woman. Such an inspiration 💕💕🦈🦈🙏🙏

That was the first time I’ve seen a shark appear as though she may actually eat the business owners.

"We are from Adelaide". -> quick cut to Steve, the "Where are you from mate?" guy, whose reaction gives the impression he was disappointed he did not get a chance to ask them where they are from.

We have made "the world's first folding cart". "How did you come up with this idea?" "We were overseas and saw something like it." LOL It's always this way with Aussie "inventor" - they take some old idea from America and repackage it for the Aussie audience. I've seen show after show where the inventor just borrowed some old infommercial idea that aired in the States in the 80's or 90's.

Holy flamin' Christ, I fell off my horse and dropped my false teeth into my whiskey when they said 40%. It just shows the wisdom of asking for a ludicrously high percentage. Naomi's probably thinking, "I shoulda asked for 400 percent, or maybe even 4000." Do you reckon she just spotted a couple of fools and went for it? I'm keen to hear what others have to say, cheers.

Naomi's face when they actually wanted to take her deal lol

They should’ve asked about specifics as to what Naomi would bring for her 45%. If their threshold was 40% they should have hit her at 36 - 37% and see what would come up.

Naomi was talking, Rebecca listened. Naomi stopped talking, Rebecca spoke then Steve interrupted. The arrogance is unreal.

That look of approval when Steve gets told where they’re from before he has to ask

well, she did mention she got chatty when nervous.

I bought a very similar folding cart from Costco - I think I paid $60-80? It is very sturdy and has lasted me for years with no signs of wear. Their price is way too high. They even mentioned they copied the design while on holiday in another country - so this isn’t something that can be scaled up outside of Australia. With their margins, they should have worked out an import deal on the similar $60 cart available in the USA, and then be a middleman for distribution.

I don't get it a quick search on ebay and google I found carts which were of significantly better quality for a fraction of a fraction of the price.

Love how they always cut to steve when they say where they're from 🤣

But It’s Rebecca’s Chatter That’s The Biggest Obstacle.... 🤣🤣🤣 🎤 drop

Australian shark tank is full of “inventors” who get their ideas while on holiday 🤨

at 1:32 Steve is actually documenting in his personal journal where everybody is from. That Reaction from Steve... :D

I'm going to Bunnings, I want some of these for my family. They will love them, they can leave them in the boot and take them shopping.

"It might be a good time to listen...REBECCA!" [lighting crashes]

Good lord she robbed them 😂

"Hi sharks,thanks for having us" *Walks out*

You can buy a sturdy garden cart for probably a hundred bucks US that is essentially this. I'm just having a difficult time imagining this taking off at that price.

This program is new to me. I´m familiar with the UK "Dragon´s Den" a show similar to this. What annoys me is the continuous background music. Should remove it altogether as it distract all focus on conversation, at least in my opinion.

I wish Dragons den had a link to the business in their description like Shark tank does.

The shock om Naomi’s face when they counter with 40% 😭😭😭😭😭

Naomi: "I'm out" *traditional 1.5-second suspense pause* "and for that reason" *another traditional 1.5-second suspense pause* "I'm out."

Counter offer: 40% She was expecting 33%... Please shut up love.

Oh no , kmart copied ??? , check out their foldable beach cart $49 .which have been around at least 5 years !

Soooooo, she said her offer was CONTINGENT on getting into a big retailer and getting costs down- soo, were they able to do that and actually close the deal with the lady in the red dress??? 🤷‍♀️

They neglected to mention their net profit , I'm willing to bet that this deal didn't go through after the show once Naomi did some due diligence .. something doesn't seem right. Also Naomi stipulated that it was on the basis that they got into a national retailer which makes it an awful deal for them , janine would be proud of how bad that deal was for the busines owners or maybe they were just after PR and didn't really intend to go through with it when striking the deal.

cart a lot is awesome!!

$220? I got one almost exactly like this from Amazon for $60

What blood clotting disorder? I’ve had 3 separate pulmonary embolis in the last 15 years and they still can’t figure out why.

Been around for 10 plus years in the states!

They must have been cash strapped to accept that offer.

Steve.. where you form mate lol his making a profile of people where they live its hilarious

Well...I'm here looking at my cart, a very similar product, that I purchased for 60 USD.

Jenny: “i’m not in this episode therefore i’m OUT.”

I feel like coming from a Sales rep background, she just wanted to close the deal, at any cost. You have to be flexible in the right areas but also know your numbers in sales and have a limit to what you will do to close a sale. The counter of 40% makes me think this woman won a lot of sales awards because she was only interested in making the sale and not about closing a deal at the right price without giving too much away.

Andrews expression zip it 8:21

Wow I think this'll be great in big cities like here in San Francisco and New York and I would love to have one

I don't know if Australia has a good minimum salary, or every producto presented in this show is REALLY EXPENSIVE

This deal is the same as those nonsense deals. Car for sale: 100k Naomi: I’ll give you 25k Seller: that’s a deal

Naomi called them after the show to say she's out

We get it Steve! You’re rich!

Naomi's face in the thumbnail holy god😂😂😂

wtf they could have gone negotiating up to 35 or 33% i think, 40% is still quite high smh

Naomi woudlve said yes for a 30

Keeping 60% of a bigger business is better than 100% of what they had going in

i love how the camera focuses on steve as soon as they say they are from Adelaide

She is so greedy... Absolutely nonsense of a deal.. Cutting the valuation of a profitable business to crap..

Does she ever buy anything for under 40%?

40% is a terrible deal. If the person you are going into business with is willing to rip you off to that extent, how can you ever have a decent relationship with them? There really is no excuse for screwing people over like that.

The face steve gave when she said luggage wS like wtf is commercial airplane bruh

I just hope that they play the background music during the pitch.

Omg did you see her face when they said 40% she probs would have aggreed at 30/35 😂😂

Naomi is a clever lil fox

They got ripped off bad

Man people always talk abt Steve and Edward Banks . but dam Glen is the true champ ! he is worth more if not add everyone's net worth and that would equal to glen . Hats off glen !!

Naomi was greedy and the nice couple were foolish to accept such a bad deal

The couple could have tried offering 1/3rd of the company. By the way she was trying to market her company and she wasn't talking too much. Being silent would mean she was not doing her job. Reaction of the dragons does not match what we see. Maybe some of her talk cut with editing?

Some of these deals don't come to fruition after the show at the closing/paperwork stage. People change their mind when they have some time to think.

My 1st rule of business is imagine you are your own customer. If you wouldn't buy from yourself, why should you expect anyone else to. Also, they started at 10% and Naomi went to 45%. They should have countered with 30% and maybe settled at 35-40%.

they got rinsed

"we went international, selling to New Zealand....." 🙄

I can’t believe their counteroffer 40% I was hopping they would ask 33.5%

Yes Mr Steve where is your Jet from ? Haha! Love this show - panel & set has a good feel cool look compared to other similar shows worldwide.

RUN!!!!!!!!!!!

This tech is ancient

I’m with Steve, I’d be a customer, not an investor.

Finally.. Naomi makes a deal.

Andrew is so nice ♥️

she said it! You have a deal! Finally!

from 10% to 40% ... wow

That was a steal

bank is cheaper than 45%