@@willsmithslapschrickrock2412 It only posted a week ago!!... Good grief, do you think Bill Gates became who he is LITERALLY OVERNIGHT?! PS: THAT'S OVER 1,000 PROPERTY MANAGEMENT FIRMS, SOME OF WHICH WILL BE MASSIVE & MANAGE THOUSANDS OF PROPERTIES EACH = LOTS OF JOBS = LOTS OF UILDERS ALSO SIGNING UP TO THE OTHER PLATFORM TO TRY TO COMPETE WITH THEIR BIDS ETC FOR THOSE JOBS = WHEN IT'S GGIVEN A CHANCE TO GET Going IT'LL BOOM ALTOGETHER!!.... They'll do well, easily!!....
The fact that Steve helped Andrew out at the end with the comment "take the 16% you muppet" (classic humor) and Andrew even acknowledged it and thanked him for it after is the key difference between the US and Aussie version of Shark Tank. Way more focused on a friendly enviroment and clear culture difference (not meant in an offensive way, fellas from the US)
It’s true. He grew up a millionaires son when 10,000 was a lot of money. It is all relative. He is used to being richer than most. He just wants to achieve something on his own.
I would say that it’s a smart play of him to said that in that situation, he manage to make himself looks humble and not egotistic and friendly enough to work with, which is why the sharks said he was friendly. Surely he didn’t say that because he means it, he said it as a gesture and it was a psychological play.
Love how polite and thorough that they were with their entire presentation and even when answering different questions AND they were so respectful when some of the sharks went out.
@@creaturecore13 lol yeah I know that but I found it a little odd because usually well known people have their biographies out there and their kids are well known to be their parents. But not in this case, only the step son. Which can mean he shows that he doesn’t show case his other private information from his past. Prob from a different marriage possibility
@@maryammar3511Typically at divorce rich men give "Mother the blame and in mean time ban children. Picasso, painter, e.g. Suchva clasdic.Please stop zsking People aboutcthrir parents. Réveils à lot about yourself and mind stuck in mud. Flexible people often come out of difficult situations.Their creativity overwon hardship, found excellent strategies🙂.
@@aljuboori4953 that's not the reason, there have been others who had invested millions. One of them has a father who is a billionaire and that's why. I don't like people who pretend that's irrelevant.
Well that's a blast from the past :) We were on the show in early 2018 and we had a lot of fun in the process. It was the spark that got us some large deals and shone the spotlight on our business. We have refined things quite a bit and built out a whole heap of new tools for property, strata, building and facility managers, trades, tenants and owners. We integrate and white label our toolkit with all major property management software in Australia and New Zealand and have extended our offering to include not only maintenance but inspections, smart locks, bots and automation. Covid slowed down our international plans but we still have clients in UK and Singapore too and with the vaccine roll-out we are hoping to get things back on track in 2021 and continue the platform extension. Enjoying the roller-coaster that business offers and thanks for watching our pitch from 3 years ago - things are a lot different since then 😁
Glad you guys are still hanging in there- I work in property management in the US - I see the value in this program but we have lots of options already. Covid hasn’t slowed the property management business at all here just depreciated the rental market- but things still have to be repaired or prepped for new tenants. why has it slowed your expansion overseas?
The fact that y'all really think you are talking to bricks and agents is kind of funny lol Yeah I'm sure they have a RU-vid page with two subscribers It's called research Don't believe everything you see first sight
Come on, compared to shark tank, us or even dragons den, uk, I find in ST, Aus the sharks are very civil and polite even when competing. Breath of fresh air while watching such shows
that's the thing I like about Aussie, even in a professional/sensitive discussion "...take the 16 you MUPPET..." and we can all laugh about it without anyone suing another about their feelings being hurt, no one even remembers the words being said a second ago.. and then there's US, they're suing themselves and everyone that court cases are becoming TV shows.
@Jay Barrys You not wrong there. Now people like Jeff Bezoz suing NASA for not choosing his company to build a spaceship or some shit like that. Business in America is a joke sometimes, people will sue you over the most mundane things.
I think one positive advantage of coming from a family of means is that you can take entrepreneurial risks. You are willing to try different things. Sometimes, society benefits and sometimes we don’t. Hopefully, we have a scenario where we benefit not only from the product/service but also in the hopes that the founders do decent things with the money. They don’t necessarily have to do (subjectivity) good things, I think, but at the least so long as they don’t hurt society, they’ve done their part.
This stuff has existed for years and years. I am a contractor on Homestars for the past 10 years! Makes no difference if it is a home owner or a property manager. It works the same. Their USP really makes no difference.
ANYONE pitching should watch the first 1 min of this compared to other videos. All the sharks smiling and interested simply because a clear and genuine pitch.
A pitch should last absolutely no longer than 2 minutes. The goal is for an "elevator pitch"... basically do the entire pitch in the time it takes to ride the elevator (less than 2 minutes... usually 30-60 seconds).
Even if he does everything without any aid from his dad (kudos, not many would) there is always that sense of security in the back of his head. If I ever fuck up no problem, daddy can always come to the rescue no matter the cost. That makes it a lot easier to try and be an entrepreneur.
@@lucwillemsen8819 That's cool you somehow assume I even want to be one. Its called reality, you're being incredibly naïve if you truly believe the deep end for this guy is as deep as it is for most people. Even something as simple as his last name will open doors.
@@kverreet He isn't showing up on his dads wikipedia page but his step son is and also his step son is a excutive in the comp while he has no connection
Real estate agents always have their "go to" tradesman, plumber, electrician, handyman. It takes one phone call. Sometimes the renter has to call the plumber/electrician provided on the lease contract for emergency works. This won't work.
Strongly disagree. This is a great thing for owners who don't make property management their career but rather do it as passive income or side of their normal 9-5. I would love a website I can turn to for new contacts when I don't have anyone for something, or to see prices, or look for more help.
Makes sense for real estate agents, but what about property managers? If I have 20 houses across a city or state, I need to spend months on due diligence to get myself a top 5 of companies I'd call in case of issue X and another top 5 for Issue Y or Z. It's doable for sure, and I'd rather watch people in the face instead of trusting an app about it, but this or an app like it would probably be useful.
@@bararobberbaron859 if you had 20 properties you'd build that portfolio over many years. You'd have your go-to tradie already. Things like airtasker works is because it's it's used for the odd random job once in a while.
Guy in the grey suit (who invested here) seems more like a host of this show than a shark/possible investor. He is always doing the simple maths of the valuation at the start and then in between mostly what he does is sort of summarise what the people seeking investment are saying 🤣
This is an odd take. How exactly does AI make a need for physical (on site repair) obsolete? It can make the coding of the app cheaper, but even software design itself requires human domain expertise to understand the respective property manager/worker marketplaces. I agree it's a race to see who can build the biggest/best marketplace, but AI cannot do that alone.
Naomi after they lowball 20% to 15% Outside : I'm not going to take the chance, I'm out Inside : damn, what the hell am I thinking? If they agreed just now I will be left with 10 dollars in my bank
Hey Donald Trump only took a "small loan of a million dollars" from his father. A few hundred thousand is pennies for these people. Anybody can get their hands on a couple hundred g's right? No problems at all.
If a property manager can’t spend 20 to 30 minutes finding technicians ore handyman, What is their job what are they managing. I don’t really know much about it but I think that property managers all have a trusted individuals who they call and have done work with …..
These apps are going to be the death of trades. It’s just a price war, eventually all the good tradies will change careers because they charge the right price and all you will have left is the cowboys who do it for peanuts.
$750K!!!! On what!!!! This company was just launched so advertising/media wouldn't have this much expenditure. Employees would be both partners, and I.T team and a sales rep. So why so expensive??? An app like this would cost a maximum of $30K. All it does is link users together, no payment cart, no in app advertising flow, only basic invoicing and review. These guys are stupid if they invested more than $30K in app development.
My dad is worth $200 plus million. Has not given me anything other than some support through my dental school. Have worked and set up everything else myself. People need make something of themselves
Because I am also.ive never really seen any version of this show.im new to the internet.these "sharks" are way more likable and funner than any judge or whatever on one of the boring American tv shows ,which I why a stopped watching TV in 97,and here and there at ppls houses or motel rooms since then is all I've seen.this is actually entertaining.lol
"Hasn't really changed life for me at all" yeah okay keep telling yourself that sonny. Even just having your dad there just in case allows you take risks like this without worry.
Guess what Amazon home services does this. We have been a contractor/Trades company for Amazon for 6 years for this. These AUS really need to see what the entire world is doing to get them up to speed. I’m surprised someone hasn’t invented the wireless phone in AUS shark tank yet. Or a GPS. Or a refrigerated or is all that for next season
I'd be curious to know how this app weeds out the bad contractors in a fair way. There are good and bad contractors in every trade and none of them are going to tell you. You know this when the job is done. If this process is one or two bad Yelp reviews, and the contractor is kicked off the platform, contractors are not going to be very keen on being a part of it. At the same time, if the contractors are not very well managed and curated so that the property management companies consistently get quality work done, nobody is going to want to use the network to find contractors. I would need so much more information about that process and how conflicts would be resolved. Conflicts between customers can kill a business if the resolution process is not well planned and robust. So many of these businesses leave me needing more info. Perhaps more is discussed off camera before a deal is made, but that conflict resolution stuff seems like it would make for great TV. If they don't have that part sorted out, their platform will die a slow, expensive death.
You don't need to kick them off the platform. Property managers will instinctively go with the contractors that have the best reviews. Problem gets sorted by itself.
Beautifully said,I tell this to my folks everyday.its good to save money but most people don't understand how the market moves and tend to mislead in facts like this and always depend on money in the bank.
@@Davincij-iu1ny I understand the Facts that tomorrow isn't promised to anyone, but Investing today is a hard thing to do because i have no idea of how and where to invest in these?
Hey this is a computer age, peeps who aren't even trader's make money from the crypto and forex markets, how many millionaires do you know who have become wealthy by Investing in savings accounts? I rest my case.
It’s so weird the way they smile every time the camera is on them and the nanny guy was writing down so many notes just to say he is out because it is a tech company so he knew from the beginning! Haha
This is something that would work beautifully in France... when tenants have a problem a call the agency to get the work done it really take weeks if not ages... would be nice to see some efficiency in the market...
@JR Productions Well i can name two, both in the crypto space. The guy that created FTX, the crypto trading platform. He is like 28 and now is worth 8billion dollars. Then of course you have Vitalek Buterin, the founder of Ethereum. They are both under 30 and are billionaires and self made with no super rich daddy or mummy behind them.
Yall are saying that the dad is rich and yada yada, but how would you know if the guy actually had a good life. I know so many humble rich people who's parents literally give them nothing so they wouldn't be spoiled. Naomi doesn't even mention this son of his but only his stepson, which is ouch, sad af.
The famous words of every rich person that had rich parents "I did it all myself without any help from my parents" only gets approved for $750,000 from parents and parents paid for college education. Lol no you didn't do it on your own.
This is the difference between Shark Tank there and here in India. In India after Knowing his dad has 40-50 Crore business , Sharks would ask him why would come here than.. why don't you ask from your father. This shows Indian mindset of being a Child of Rich Dad.
“Self made” - really?! At the very least you had the best schooling. The best connections, and financial support if you fail - not working a minimum job to feed yourself while working on your business idea.
I don't think it's fair but your opinion is valid and justified (I would consider myself lower to middle class) however imagine always living in the shadow of your father we can't blame people for the circumstances they are born in but we can praise them for how they become their own and these two blokes look like they had a lot of intelectual conversations with each other before making any big moves. Their website now boasts $260,000 properties, 170k users with over 10k+ trades. Well done to them imo
