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"You Love Chocolate More Than You Love Business" | Shark Tank AUS 

Shark Tank Australia
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Master chocolatier Arno Backes is asking for $600K in exchange for 40% stake for his company Ganache Chocolate.
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 #Chocolate #Ganache

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14 май 2021

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Комментарии : 333   
@abubakarsarwar1763
@abubakarsarwar1763 3 года назад
Love the fact that he didn’t make the whole pitch about his recovery from cancer. It’s amazing how he did not want a pity offer. Wish him best of luck
@user-yo7dr5zv5q
@user-yo7dr5zv5q 3 года назад
*God bless
@sagarvarsani7367
@sagarvarsani7367 3 года назад
Little known fact that cancer patient's know is how common it is to have cancer
@adhirajnagpure1097
@adhirajnagpure1097 2 года назад
Yeah , and ig only naomi falls for pity baits
@shivinunitholi2493
@shivinunitholi2493 2 года назад
Couldn't agree more
@BE-bs8oe
@BE-bs8oe 2 года назад
He's one of these Germans with the heart set on strong workethic and integrity
@michaelgabriel2946
@michaelgabriel2946 3 года назад
That might of been the most professional pitch I've ever seen. And despite his numbers being poor in their opinion, his knowledge of the numbers in general was excellent. Well done guy
@jbird4478
@jbird4478 3 года назад
His number aren't very good, but I think it's far more impressive to keep a business like that successful for 10 years than it is to strike a lucky one and cash a million in a year on some tech startup.
@Tyshkevich
@Tyshkevich 3 года назад
His numbers honestly weren't THAT bad. He was making 2-300k a year. 40% of 2-300k, she'll get her money back within a few years if they do nothing at all. If they expand and grow they easily hit that 600k mark yearly. Especially if she negotiates the lower cost of goods and payroll. That instantly and extra 100k+ in the bank. Better to own a chunk like that in a stable settled business than take a risk at something who knows how will end. She got a STEAL.
@Michael-ju7xu
@Michael-ju7xu 2 года назад
@@Tyshkevich if we assume they hold it at $200k-250 per year, that's 80-100k return to her equity, or 12-16% annual ROI. That's really quite good
@mrzjohnson4
@mrzjohnson4 3 года назад
This guy was extremely professional, knew his numbers and didn’t dilly dally.
@princecuddle
@princecuddle 3 года назад
thats a true german for ya
@gamingsportz3390
@gamingsportz3390 3 года назад
@@princecuddle 😂😂😂
@mrzjohnson4
@mrzjohnson4 3 года назад
@@princecuddle I mean you’re correct haha
@vinxe1161
@vinxe1161 3 года назад
Oi mate i absolutely fancy when they don’t dilly dally! Tiddleledoo Woohoohoo
@mrzjohnson4
@mrzjohnson4 3 года назад
@@vinxe1161 hahaha for fucks sake 😂😂 I knew when I used that term there’d be one 😂👍🏼
@bryantan4228
@bryantan4228 3 года назад
"I was diagnosed with cancer 6 years ago" You can see the "oh shit" look on their faces.
@megaangryjoe
@megaangryjoe 3 года назад
and the mad lad didn't harp on it either. Homie had his numbers in check and was very professional. He deserved an offer, and with the share that she got she should easily make her money back based on the numbers he provided. Excellent dude
@SheeceGardazi
@SheeceGardazi 3 года назад
mate i jumped out of my chair at that
@vepz13
@vepz13 2 года назад
99% chance they knew that beforehand, through the application:)
@MADMAX7330
@MADMAX7330 3 года назад
I half expected Janine to demand 197% of the business for $600k, but it seems that darn chocolate really was better than sex.
@MJ-py7dm
@MJ-py7dm 3 года назад
Lmfao
@ForTheLinKuei94
@ForTheLinKuei94 3 года назад
😂😂😂
@eriol_h
@eriol_h 2 года назад
Lol
@sharanyopramanik5078
@sharanyopramanik5078 3 года назад
This guy is typically German, no beating about the bush and getting straight to the point and BEST QUALITY products
@taylorsheets5913
@taylorsheets5913 3 года назад
What I like about Aussie Shark Tank is that all of the VC's get up to congratulate the entrepreneur after their pitch not just the ones who benefit from the deal only. Shows class.
@eriol_h
@eriol_h 2 года назад
So true. Such nice people they are.
@TheIsraeliPunk
@TheIsraeliPunk 3 года назад
What an humble and professional guy, I really glad he got a deal I wish him all the best
@ry6222
@ry6222 3 года назад
Lovely chap seemed very humble polite and well mannered, wish all the best for him
@benstanfill363
@benstanfill363 3 года назад
The humbleness of saying I'm not really great at the business side, I just want to be able to share the chocolate and I need help is immense.
@trenh
@trenh 3 года назад
Saying a guy paying his workers properly is poor management 🙄 come on not all of us want our employees living off of scraps
@dizzyb111
@dizzyb111 3 года назад
That's what happens when you sell your soul to big business.
@everetthancock2043
@everetthancock2043 3 года назад
I was just thinking in my head, there's a manager out there in his store desperately trying to get his/her crew enough hours to support their families, so they seem "incompetent" but really they're trying to give the staff enough hours I can see both sides. I guess business can be harsh
@gregblake2764
@gregblake2764 3 года назад
It doesn't require reducing salary or staff. It requires looking at operations to streamline processes and increasing production. They are selling a finished product, they just need to make a little more to make the numbers work.
@kfallon862
@kfallon862 3 года назад
@Everett Hancock Workers deserve a living wage. Full stop.
@everetthancock2043
@everetthancock2043 3 года назад
@@kfallon862 yup. All of em. From the dishwashers to a restaurant manager. They all have families and loved ones.
@readmycomment3157
@readmycomment3157 2 года назад
His percentages were actually quite reasonable, and to be putting 6 figures on the bottom line every year is a fantastic result. They just didnt want to spend 600k, thats what it came down to.
@simplysaifskits3847
@simplysaifskits3847 3 года назад
Ow no am starting to get addicted to these clips , HELP 😂
@adityachakkarwar2323
@adityachakkarwar2323 3 года назад
first time?😂😂
@simplysaifskits3847
@simplysaifskits3847 3 года назад
@@adityachakkarwar2323 yes actually, but it's seems it's not gonna be my last 😂
@dipmodi844
@dipmodi844 3 года назад
@simply saif skits Same here😂😂
@muhammadpatel5430
@muhammadpatel5430 3 года назад
Join the club lol
@irenea8132
@irenea8132 3 года назад
I have been for a long time 😭.... can’t get enough !
@skinneymoney
@skinneymoney 3 года назад
I think we should seriously start a petition of some kind, or otherwise 'request' to bring back Shark Tank Australia. They are honest, entertaining, endearing, educational, but most importantly, inspirational. Who else would be down for trying to start a movement of some kind to bring back ST AU?
@youtuber253
@youtuber253 2 года назад
It got cancelled?
@ZevMeth_originaljewishmusic
@ZevMeth_originaljewishmusic 3 года назад
Naomi, $600,000 is way more money than I have in my bank account, so I'm out!
@OverlandOne
@OverlandOne 3 года назад
Naomi: "You do not make red chocolate so, I am out."
@akankshachawla2280
@akankshachawla2280 3 года назад
You can tell how polite these sharks are. I mean they all get up to congratulate the entrepreneur. How sweet is that
@minsugagenius818
@minsugagenius818 3 года назад
There’s a guy close to where i live that makes and sells chocolate. He said he makes 15000 chocolates in a week and he works all alone too. He has to get 1000 chocolates ready everyday because some people travel there by boat just to try the chocolate. It was mind-blowing to hear that he does all of that ALONE. He also makes chocolate that tastes exactly like some foods. He took the ingredients/flavours of a cinnamon roll and made it into chocolate and it tasted EXACTLY like a cinnamon roll
@malini18
@malini18 2 года назад
That sounds nice. Which country is he from?
@SirPeterlll
@SirPeterlll 3 года назад
"Funding Round Jun 20, 2018 Ganache Chocolate raised $600,000" and "Est. Annual Revenue$3.5M" So I guess the deal with Janine went threw.
@poop10I
@poop10I 3 года назад
Thanks for the update mate, happy for the humble guy.
@kahea2018
@kahea2018 2 года назад
They're always like, "You suck at business! You don't know what you're doing!" And the guests are always like, "Yeah! Exactly! That's why I'm here!" I need help!" 🤣
@waleedmasood7594
@waleedmasood7594 3 года назад
I think it’s insane that on some businesses, the sharks are like “mm I don’t like the valuation (or smth like that) so instead of 20% I want 40%.” But then here they’re like “oh woah you want me to take 40%?? So you just don’t care about the business???” Make it make sense
@frenlyneybur7544
@frenlyneybur7544 3 года назад
At the end of the day, the sharks are risking their own money. Sometimes they don't have good reasons to reject candidates, so they just make up fake reasons. Like when you get rejected from job interviews, they say "we chose someone who was better suited the role" when you suited it perfectly
@TronKyLam
@TronKyLam 3 года назад
@Dyanosis I agree with you. Plus, it is the fact that you do not see deals like this quite often when people actually give you that much control of the company, so it is absolutely reasonable that the sharks, as the ones who are taking the money out of their pockets, have to clearly understand what the story is.
@bennyloppo
@bennyloppo 2 года назад
this dude right here is a true professional. if I were him, I would be crying and beging for the shark's pity with the cancer upstart. He just answered "it's all good" and went into his most favorite thing, chocolate. Hope there would be a day to enjoy that Ganache Chocolate. Cheers.
@diamondmine7819
@diamondmine7819 3 года назад
I love the fact that in the australian version all the sharks stand up to congratulate the pitcher once he's closed a deal
@goodasnewrepairs
@goodasnewrepairs 3 года назад
Naomi has a meeting with Jenny and Barbara to discuss who can go out the quickest.
@jbird4478
@jbird4478 3 года назад
Everyone loves chocolate more than business. If you don't, there's something wrong with you.
@fsalam
@fsalam 3 года назад
An honest entrepreneur with a very good and potentially great business. I feel if he started at 20% stake for the same amount of money, more sharks would have been compelled to offer and negotiate the stake up to 40% 😃. There would have been a sense of achievement for the sharks without the uncomfortable lecture of reminding him that he is a minority shareholder now. In the end, a good deal for both.
@MurkTempers
@MurkTempers 3 года назад
He’s so humble and eager to listen
@neeleshc5527
@neeleshc5527 2 года назад
This chocolate guys is such a gentleman..really love the way he speaks and hr is dedicated to his craft !! Why no one is trying to help him out ? It is crazy..
@haranpillay4015
@haranpillay4015 3 года назад
Thank god Janine didnt come out with weird percentage numbers.
@ZevMeth_originaljewishmusic
@ZevMeth_originaljewishmusic 3 года назад
I'm surprised, I thought Naomi was going to offer the full amount for 100% of the business!
@deekircher21
@deekircher21 3 года назад
Steve gets excited when he sees the food hat as knows food is involved
@impianotespaul
@impianotespaul 2 года назад
No drama just straight to the point. Gotta love the germans.
@skinneymoney
@skinneymoney 3 года назад
They're still posting episodes?! Yes!!!
@domesticmamaasmr2251
@domesticmamaasmr2251 3 года назад
Incredible story I wish this man health and success.
@arsenalforlife8405
@arsenalforlife8405 2 года назад
These people are good hearted. Makes me teary. Even Glen saluted Janine for being good hearted.
@mr.marketoriginal3808
@mr.marketoriginal3808 3 года назад
We DO love Chocolate and Business!
@shourjochaudhuri
@shourjochaudhuri 3 года назад
He came across as an honest and work a holic - super.
@lr2075
@lr2075 3 года назад
Janine was thinking too long about why her husband's love-making is not better than chocolate. 🍩
@tommyhayes9852
@tommyhayes9852 2 года назад
Like how the other sharks get excited when the guy gets a deal these people are very classy
@pulz1191
@pulz1191 2 года назад
Good guy. So good to work with, that the management may be ripping him. He will now be helped.
@DocRealTalk
@DocRealTalk 3 года назад
Did she say 30% of the income going to staff wages was a bad thing? In her mind it should be 10% for wages, 10% running costs and 80% for her lol
@worldpeace1822
@worldpeace1822 2 года назад
Thought the same 30% at around 1 mill is 300 to 400 k a year what’s just about 35k for 10 people a year ….in 2 Stores. That’s totally normal unless you raise the sales margin if that’s even possible
@Dennifer1
@Dennifer1 2 года назад
In her mind the staff should be on visas and getting extorted.
@barrettorth8413
@barrettorth8413 Год назад
No, he said he was spending 36% on labor, 37% on cost of goods, and 20% on rent; leaving him approx 2.5% and 8% in profit margin between his two stores. Those are abysmal numbers, especially for a luxury chocolate manufacturer.
@Dean-oh4pi
@Dean-oh4pi 2 года назад
"Money talks but chocolate sings" 😂
@HelloYoutube89
@HelloYoutube89 2 года назад
Steve jots down on his pad: "Niiccccee Hat"
@kennghost
@kennghost 2 года назад
i just started watching the AU version over the past few days and damn, they should just call it Shark Tank: Wholesome Edition
@albertwinston5730
@albertwinston5730 3 года назад
Ultimate dedication. Great attitude
@amandaslife1259
@amandaslife1259 2 года назад
Hes awesome and good luck.to him he's so humble kind and patient.
@yusufturno8746
@yusufturno8746 3 года назад
What a way to say you made the 'right' choice! "Good heart decision" 😂
@sanjaytrasy6705
@sanjaytrasy6705 3 года назад
True test of character. While all the sharks chickened out, only genuine stood out clearly apart from the others.
@Lommy9999
@Lommy9999 3 года назад
Do Australians in general smile widely whenever they meet strangers?
@yvo84
@yvo84 3 года назад
Yes
@karanlakhwani7173
@karanlakhwani7173 3 года назад
I like how in Shark tank Australia they all get up to congratulate the entrepreneur for getting the deal whilst in US they just sit on their asses
@stanyon
@stanyon 3 года назад
They stopped getting up in episodes filmed during covid
@karanlakhwani7173
@karanlakhwani7173 3 года назад
@@stanyon No I mean only the person who does the deal gets up in US. Here in Australia every1 gets up to congratulate the businessman
@AmazonPPCManagerFreeAudit
@AmazonPPCManagerFreeAudit 3 года назад
COnditions were awesome. It will help him grow his business.
@jf1341
@jf1341 2 года назад
He should have asked for 25% and allowed them to take 40. Offering the big chunk at the very offset set off alarm.
@silverfranklin508
@silverfranklin508 3 года назад
Investment are stepping stones to success, investment is what create wealth
@jessicamolly9733
@jessicamolly9733 3 года назад
When you invest you're buying a day you don't have to work
@simontrees5289
@simontrees5289 3 года назад
Assets that can make you rich
@simontrees5289
@simontrees5289 3 года назад
Fashion investment Bitcoin Stocks Real estate
@gwencaster8470
@gwencaster8470 3 года назад
@One Big Happy Life It's not ignorance but due to some unprofessional expert in the market
@hanksflowell2994
@hanksflowell2994 3 года назад
I'm from Spain I have been an Investor in the crypto market for over 2 years now
@sarahalhazeem2161
@sarahalhazeem2161 3 года назад
Thoes chocolates looks mighty fine look delicious!!!!
@Lucian_King
@Lucian_King 2 года назад
First time im seeing an entrepreneur walking into the tank that is willingly giving away that much equity of his business right from the very beginning. It's almost half of the business. I think this man just wanna see the business grow massively and doesn't care bout the money and the ownership. And yeah that's been well said, he loves chocolate more than business. 🤗
@tiffanynillson982
@tiffanynillson982 3 года назад
Definitely expected Janine to say “okay I’ll give you 600k. But only in return for 129% of your business along with your fist born child”
@gadgetgirl9
@gadgetgirl9 3 года назад
Love the Australian Sharks.
@JDNicoll
@JDNicoll 3 года назад
Beautiful human being.
@ZVVWVVZ
@ZVVWVVZ 2 года назад
Seems like such an awesome guy.
@mikewasfaret9563
@mikewasfaret9563 2 года назад
Didn't realize how short he was until the end.
@alexs3187
@alexs3187 3 года назад
“That’s actually quite smaaaaaaawwwwwlll” - no it’s fucking minuscule!
@IanHollis
@IanHollis 3 года назад
Are there any follow-up stories for this show?
@AlanTheBest97
@AlanTheBest97 3 года назад
Shark Tank Australia is the best in the world, I love all the sharks. They are not mean Just for the sake of It, every criticism ia very sound.
@grahamdwells
@grahamdwells 3 года назад
...and she's not godzilla. LOL I love the Ausies.
@dariushkasra5379
@dariushkasra5379 Год назад
I like that the hat makes him just slightly taller than everyone else
@GLORYZONE92
@GLORYZONE92 3 года назад
I've yet to see Andrew offer. He's sound though so it's all good
@Rudypaolo
@Rudypaolo 3 года назад
Any update on the business?
@getschwifty6156
@getschwifty6156 3 года назад
'Good heart decision' hahahaha
@therustyfisherman7922
@therustyfisherman7922 2 года назад
I want the Juice! Is the Partner snuffing money from the company? Is the Chocolatier aware of this? Are the Oompah Loompas in on it? I want answers
@sriram957
@sriram957 2 года назад
“My wife is called Ganache chocolate” Steve: she tastes good
@Realisticautism
@Realisticautism 3 года назад
Post more videos!
@minsugagenius818
@minsugagenius818 3 года назад
He reminds me of Josh (from the Mythical kitchen)
@errolG68
@errolG68 17 дней назад
Great to get new Ideas
@FentumGames
@FentumGames 3 года назад
“And that’s why I’m ...” “gonna make u an offer” WHAT?!?!?!
@pistachios2012
@pistachios2012 3 года назад
I watch shark tanks and improve so much in business
@DaveTexas
@DaveTexas 3 года назад
Naomi: This investment involves numbers, so for that reason, I’m out.
@supershrimp1
@supershrimp1 Год назад
This guy taught me to make my own chocolate bar! Such a nice guy :)
@Marian_Rusnak
@Marian_Rusnak 3 года назад
this this air in 2018 ?
@ivan_0525
@ivan_0525 3 года назад
Sheeeeeesh
@zlatan4920
@zlatan4920 3 года назад
Good guy
@piyushgupta809
@piyushgupta809 2 года назад
naomi: i cant help anybody , so for that reason im out.
@eriol_h
@eriol_h 2 года назад
Best of luck mr. Arno. If you were to ever decide to ship to India, I'd definitely order your chocolates.
@drillcream
@drillcream 3 года назад
How do you bring cost of wages percentages down? Pay cuts?
@JewTube001
@JewTube001 3 года назад
that, also cutting and casualizing staff
@gregou9885
@gregou9885 3 года назад
Could also increase prices?
@JewTube001
@JewTube001 3 года назад
@@gregou9885 due to the elasticity of demand sales will go down, reducing cashflow and ultimately staff/wages.
@stampiz
@stampiz 3 года назад
HE IS SO TINY LMAOOO
@SuperpowerBroadcasting
@SuperpowerBroadcasting 2 года назад
Great deal
@abirmef9510
@abirmef9510 3 года назад
Wow thank god somebody aggreed he seems like a nice guy💟
@gobgoerrsarah
@gobgoerrsarah 2 года назад
Tbh the fact that Naomi has been to his stores and is a fan is a good sign. His margins were just horrible
@awunggawunggshi1137
@awunggawunggshi1137 3 года назад
I think this guy did not really think it through... If he were to come asking for a lesser amount of money with lesser percentage on offer, then iam sure all the other sharks would be more than happy and confident to back his business!...
@christysdeals4u
@christysdeals4u 2 года назад
They closed their retail shops and only do wholesale now.
@Nig4T-Wolf
@Nig4T-Wolf 3 года назад
Everyone loves dark chocolate 🍫 😋
@DavidFawehinmi
@DavidFawehinmi 3 года назад
Can someone help me out here? Janine wants him to reduce his cost of goods to 33% and his cost of wage to 30%. Is this % based on cost of production or total operation expense
@user-hp2rv6kq2h
@user-hp2rv6kq2h 3 года назад
he is like a angry npc chef
@roldanelvis2449
@roldanelvis2449 2 года назад
Love you Jeanine!
@Coachscaloni
@Coachscaloni 2 года назад
I love him ❤️
@talan1k574
@talan1k574 3 года назад
this show got discontinued in2018, and they still uploading episodes on youtube
@JewTube001
@JewTube001 3 года назад
that's the cycle. you should see CA dragon's den, they only just started the youtube channel.
@EdwinWatson
@EdwinWatson 2 года назад
Janine is an incredible investor. World class.
@SHONALIJUNEJA
@SHONALIJUNEJA 3 года назад
I really reallly wish his business takes off high
@RetirededKat
@RetirededKat 3 года назад
He has such an interesting accent, it's like a subtle blend of Aussie, South African, and French Edit: welp guess he grew up in Germany, that's where I was getting the South African from...
@wioi
@wioi 3 года назад
Wtf does south African has to do with Germany? As a German I say nothing
@RetirededKat
@RetirededKat 3 года назад
@@wioi South Africa was originally a German colony
@nashpal1
@nashpal1 3 года назад
Australia chocolates are one of the best
@kobe88us
@kobe88us 3 года назад
NAOMI: I spent all my money on your chocolate so I'm out
@drpk6514
@drpk6514 3 года назад
He is a professional knowing his business very well while based on the claim it is very profitable. Why he is willing to give away such big chunk of the business thats suspicious? He could get what he asked with much less portion of the business. Maybe there is something he is not telling us.
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