Billionaire’s Son Develops App That Transforms Property Management | Shark Tank AUS
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- čas přidán 25. 07. 2024
- Jon Stul and Rafael Niesten have created a business that allows consumers and businesses to be matched with qualified tradespeople. They’re asking for 250k in return for a 10% equity stake of their company, valuing the business at 2.5 million, while there are a few similar apps in the market, the Sharks wonder how they’ll set their business apart...
Company Website: www.bricksandagent.com/
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 #Property #App #MannyStul - Zábava
"Take the 16% you muppet, what are you doing?" Hahaha.
Hello are you interested in getting a better information on crypto gain...
@@m0nias208 Hey
@@danieljohnsopardenilla997 he’s a scammer
@@honestfriend767 I know, I was planning on trolling if he replies
Swear to god.i thought the bold guy was the billionaires son
He was the smart one.
Yeah me too🤣 but he was the brain of they're business.
Same
I thought he was the guy off MasterChef au haha
No
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)
Agree
@Spark I think the Aussies are more laid back and definitely more down to earth than their US counterparts.
Compared to Can/US/UK/Ireland, I think the AUS version is definitely the friendliest/most fun
Talk poppies get chopped down very quick here in Australia
Lol
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.
If she ever wears a color other than red, it means Hell has frozen over.
Branding branding branding.
Am addicted to this show 🙈
You mean I'm*.
Same here
Watch dragon something and you will forget about watching this kind of shows again
@@kingl5519 😂😂
@@marwanhazem8301 i couldn't find it can you send me the link please
His dad is richer than any of the shark😂
All the,sharks combined Forbes says he has 1.3 billion the biggest is 300 400 million.
@@paradox5434 glen has a net worth of 800 million
@@mohitsethi5061 whats your net worth mohit, you must be around 2 billion seeing how you laugh at them....
@@mohitsethi5061 imagine laughing at a 1.3 billion dollar net worth between 5 people. all i see is alot of power to make alot of change in the world
@@mohitsethi5061 do drugs and drop out of school
"Being the son of a billionaire didn't change a lot for me at all'
Get out of here
ikr , its so annoying when people say this shit
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.
Didn't change a lot, except for having a risk free safety net, the best education and support that money can buy. Etc.
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.
Good for him. I wish I came from a family like that.
P.S. Update for everyone: Andrew really helped them expand into the US and secured them some lucrative contracts.
source? :)
No source needed I'll take your word
@@B-RaDD google to verify.
@@greenlion6544 only has 1k app download
@@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!!....
Hasn't changed life at all being a son of a billionaire, also self made. He actually said that with a straight face.
@@mfranks4731 so true I looked it up and it only mentions his step son. Isn’t it odd that he’s not listed or connected?
@@maryammar3511 you realize the dad is not the one updating the wiki right?
@@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
@@maryammar3511 It doesn't seem that he is that well known. Many billionaires arent. His birth year isn't even listed for sure on Wiki.
@@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🙂.
They treated those guys with more respect than the regular entepeneurs. "IS the percentage negotiable?" Is instead of, "'ll give you $10,000 for 75%."
because of the 750,000$ invested into the business
@@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.
@@clashoflions7339 nah it's not because of that reason.
What a surprise
They treated them like they'd treat other businessmen in their league... because his dad is a billionaire, it's called networking.
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.
When they asked about risk, what he wanted to say was - no risk, his dad is rich 😂
😂😂
It’s always a plus point to have a rich dad but he is willing to stand on his own two feet. He wants to make it on his own so kudos to him
He doesn't want direct involvement maybe, there is no standing on your own feet when your father is a billionaire. It would be naive to think so.
Making it on his own with 750000 investment? Where did the money come from?
Well he will stand on his own two feet’s at the end of the day Not mine ? 😭
The best answers to the questions on (Australian) Shark Tank ever. Well done.
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?
Is Andrew still an investor?
Thanks for the update 🙂
Nice
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 CZcams page with two subscribers
It's called research Don't believe everything you see first sight
We have to take a moment and thank the admin of this channel for putting pitched businesses link in the description
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.
Oh dang, I never knew there was already one. Is there one for other countries? I would love to use that, it's been frustrating in Singapore.
Really, how come the're making progress in 2 countries so far?🙂
@@BE-bs8oe publicity, shark tank effect basically
This is actually one of my favourite pitches now 😆
Anyone else can see they were super nice because of who that guys dad was?
They have always been nice to pitchers
story fire off
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
They've always been polite, compared to the US and Dragon Den's
Naomi calls them a success story after hearing about his dad. Lol
Only about 1K downloads on the app store and a 3.1 rating? Plus they havent updated their social media pages in months. Yeah ill say they arent doing that well right now considering this episode aired years ago.
I can imagine that covid-19 didn't help with that sort of business.
@@ApsaraMenaka not really, properties still need to be maintained and its not something that can be done remotely.
"Roadkill".
Airtasker does same thing.
Andrew, the USA shark, only invested to just show support for Manny Stul's son.
look on there website they have over 150,000 users and are in over 5 coutries not bad if you ask me
What an amazing idea. Need this in the UK probably do have it but I wouldn't even know where to look
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 the best pitch I have seen on Australia Shark Tank
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.
Excuses
@@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
Naomi only offered to get to his Dad to marry him and take 50%.
That's probably true. 😂I was really surprised she made an offer but now it makes sense.
Ouch
Did you call her a man?
I'm sure the billionaire business guy is a little smarter than that :) haha
@@takingbackprofits1280 Elon musk the founder of multiple billion dollar businesses got married to and divorced same woman twice. so ...
Will be watching for this app coming into the us!!!
Been killing it with these online platforms for handy man tasks and more.
doing handy man work?
@@alexanderher7692 Yea I have a platform where the work comes to me for product installs and maintenance to Homes.
Dad's a billionaire and he's going outside for money. One of two things happened here. Either Jr really wants to prove he can go on his own or he pissed off Pops and the money faucet got turned off.
Either way, I hope they are successful.
It's call exposure to the public, obviously he doesn't need the cash but he want ppl to know the product
The app hasn't yet proven product market fit, all just potential now with some initial signups.....good guys, good pitch and lucky to get an offer.
Tv ads
some wealthy family's wont lend money to their children no matter how rich they are. don't just assume all family's do that.
Rich people stay rich by using other's money
He's technically the heir to the *Moose Toys* empire, if this deal didn't go through pretty sure it wouldn't have been the end of the world.
nah manny's stepson is the heir to moose toys, infact his stepson is already an executive at the company, while his biological son has no connection to his father, even wikipedia only lists his stepson and not the biological one.
@@cr7goat385 wait why not?
@@aakrishtmehra185 no idea, Manny Stul lives with Paul Solomon(his step son) who is now made the co-CEO.
@@aakrishtmehra185 , he chose his own path in life to make his own empire and that is not a bad thing.
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).
@@jerryharris876 Very true. I think it's also their demeanor. The sharks have said several times they look at the person before the product.
I love the name tradies, it sounds endearing. The hidden people, who keep everything fundamental to our current civilization, functioning properly.
Isnt Airtasker doing the same thing?
BTW I think being the son of a Billionaire also sweetened the deal. Connections are important in the business.
They are so polite and nice to each other in Australia!!!
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.
@@dutchess2121 it's called airtasker
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.
@@dutchess2121 not as a subscription service!
Wow what a great pitch and beatiful idea, very well done. I'm curious to know how they're doing now
Apparently there company is still going strong and keeps growing
I've been thinking of this concept since 2016. Service-on-demand. Biggest challenge? App development; then marketing...
lets do it
It is crazy how differently these people act. They came in and had a large presence. Steve couldnt even give his shit to them lol. Mans just cut Steve right off 😂😂😂
This would open so many opportunities for me in the states!
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
Person that's not after their parents wealth, Want to make his own footprints. What a great guy, most millionaires and billionaires children's leech off their parents success. I hope he's very successful in his future.
Happy they got a deal nice guys best wishes
They all start smiling when the starts the pitch! Wow
I 100% agree with Steve. AI development makes these sorts of app's obsolete within seconds.
not really
Lol really..
Which is scary
If true
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.
6:45 that paint comment to Steve was gold
I like these guys. Good job!
Steve called him a Muppet hehehe
Good stuff guys💯🔥🍻
I loved this..
Its a smart play every market needs one of these and tbh i am a bad IT person as i know these things can be developed for cheap but companies and individuals request ridiculous money....guess no different to paying a tradies when what they earn in an hr can be x2-3 the standard hourly income.
They say you can't run a business when you undersell but i personally believe in charging what people can afford (no wonder i loose out but get happy customers)
Dont understand how they managed to spend 750,000$ on this app. I can build it from my dorm room in a third world country.
Hmmm CAP
same, wouldn’t even take 3 weeks
Makes me wanting to look it up
Yooo. I am early today.
Hello people addicted to shark tank videos. 👋
There are many businesses just like this so I don't understand why this was such an innovative idea
absolutely yes can name at least 2 in my city alone.
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
What are you talking about the US has invented the most expensive water bottle ever. Haven't the recyclable plastic bottle has been invented before?
Why am I binging Australian shark tank? Lol
I do the same. I feel it watches better than the UK and US version.
sameee
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
i binge all of the US tank
"its not what you know, its who you know" exactly
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.
Ready to take on the SHAWKES !
We need this in the USA 🇺🇸
As of December, they just raised $10 million at a 500 million dollar valuation
Self made. With a few hundred thousand dollars in funding.
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.
@@Kevin_2435 haha true. well if trump managed to go from rags to riches then so can these guys!
I love this show
Pitch was class
Janine: "You two fellows look too smart to give me 80% of your company for $125 so, for that reason, I'm out."
Hey is this fresh episodes?
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 …..
Cleanest episode
My company manages 2000 properties in California. I’m interested.
They made it and managed to acquire 3 companies, congratulations guys 🎉
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
I do like the idea thats way i going to do it in my country thx
India's Urban clap do same.. . 👏 long back before this episode started hatss off to urban clap
Not scripted at all to ask for his name
Steve kinda looks like Bradley cooper from war dogs
Bring videos like dis more
Think its a very interesting idea for a app!
Dragons Den “no ones going to pay a subscription and 1 weeks worth of trade the valuation is outrages I’m out”
I hope you realise this show was closed because on 2 deals were actually successful lol
@@lavi947 where is that? and tells why only 2 where sucessfull?
@@lavi947 i mean, why all the others fail?
She made that offer knowing they wont pick her cos Andrew got the USA connection and when asked if she could go down sticks to it. Smh
Give the spot on the show to someone who needs help and support. Let this guy go ask pops
Not exactly knew, this has been around for years
The Sharks are like can i meet your dad! Lol
I’ve never seen so much money in one place
Did they just pitch Airtasker?
They came here for the clout and a shark, but his dad is more useful than them. LOL
Yes indeed, i was like : why not go to ur dad?
@@jiahaoli3964 because he wants to do it his own way without his fathers financial aid. He’s taking his own path haha
I think its the main driver why Naomi even tried to offer to get that indirect relationship to the billionaire and his connections
@Andrew Todd Maybe his dad didn't give him anything. The guy could have had to do everything on his own.
They came here for the free marketing!
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...
12:57 WOOHOO HAHAHA ITS ALL SERIOUS THEN JUST A WOOHOOOO
Once they found out his dad was a billionaire , their attitude changed 😂
very smart people talking
Won’t work. Can maybe work for small jobs but for a technician/installer to give a quote from a few pics won’t work.
Here's the thing they're are massive right now Good on them
Very humble billionaire kids.
Just like check a trade
is it safe to assume they use Australian dollars?
This business is really good, it's a great innovation
The sharks failed to ask what I might call a critical question: Have you exited or failed at a/some tech company before? Pre revenue apps can be dealt a big blow in the market.
The pitches get edited down
Dude these guys are so much cooler than the stingy dragons dens dragons
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.
"Take the 16 percent ye muppet."
I tend to think Andrew only made that offer as a sign of respect for the guy's father.
I read the title as puberty management 😭😭😭😭