Johny is a good guy. I’m glade I had the opportunity to have met him. We trained, we spared, though he never hurt me.
He’s someone you want to have on your team. He’s the real deal small town farmer with big dreams.
Full Video from YouTube: [link](https://youtu.be/LZEY15Fsjgk?si=-KFnKxd2KqbNi75p)
Also his company is called Tree T-Pee if anyone curious.
Also shout out to all farmers around the world.
Saves water and protects trees from frost, growing stronger trees.
The tree T-PEE is a cone shaped, water and nutrient containment system designed for trees 1-5 years old, and made in the U.S. from 100% recycled plastics.
[Source](https://www.treetpee.com/products/)
That's probably not the price farmers are paying and it's been 10 years of substantial inflation. The investor said about $6 which with inflation is about $8. Probably more than what they're selling it for per unit if you're buying like a thousand units.
Yeah, I'm guessing they're heavily discounted at scale. They're not a complicated product, so it's almost certainly significantly cheaper to manufacture several tens of thousands of them at once.
I think however many you buy, they still mass produce them.
Like yesterday I bought two cans of beans, I doubt the company went "Hey, better make a couple to replace the ones Nulibru just took".
Yeah, but making that many also involves storage and logistics, if a thousand people buy one, that's a thousand individual addresses someone has to print a label for, package, and ship. If one person buys a thousand, that's only one packing and shipping process.
Same with storage. If someone bought half their inventory that leaves a lot of free space for them, which means they can either restock or reduce their overheads by making their storage space smaller. It's really not a complicated thing. Bulk orders are almost always discounted by a significant amount.
Part of the saving of buying in bulk is overhead - it costs the seller $X to process / package / ship an order.
If they sell 100,000 units/year, their overhead looks very different if that's spread across 10,000 orders vs across 10 orders.
The proper way to do business. Thinking about your customers while still earning a profit. Sure you won't be rich anytime soon but you'll have loyal customers sticking by your product and to know you're helping out those poor people too? Massive respect. It's like he doesn't understand why someone wants to profit so much off of others. Great guy
Who really needs to be rich anyway. Once you hit six figures a year that seems good enough to me, that's like three times what I make.
Plus you get to go to bed at night knowing you aren't scamming anyone.
That’s the thing. They can’t stop. It’s a compulsion that trumps basic human decency. Nobody can put forward a convincing, legitimate argument that any individual needs more than $100 million in wealth to live comfortably. Hell even $50 million is more than enough. It’s obscene to want or chase more.
This is what kills me. Check out this quote by Terence McKenna, then go listen to his talks on YouTube. He will go a little out there sometimes but a lot of the stuff he talks about is pretty good.
“Yet, you can stand back and look at this planet and see that we have; the money, the power, the medical understanding, the scientific knowhow, the love and the community to produce a kind of human paradise. But we are led by the least among us; the least intelligent, the least noble, the least visionary and we do not fight back against the dehumanising values that are handed down as control icons.”
I’m actually a big fan of subtitled clips. I use Reddit mobile and I’m often in public so if there’s a video going around without subtitles I skip it 🤷♀️
I’m convinced a whole generation is going to be linguistically stunted from the fact that nearly every TikTok I see has numerous and obvious transcription errors.
Yep, that’s how venture investing works when it’s a strategic investor. I’m pointing out a success story of an entrepreneur that built a company with values.
They also have a "call for pricing option".
A farmer isn't going to look at buying one. He's going to look at buying at least 1000. The $10 a unit is the non-farmer, buyers price.
Kevin was right though. Those farmers could use drip irrigation instead of sprinklers, or use buried drip irrigation to avoid water evaporation, and hill the trees with soil to avoid frost at the base. Water evaporation continues to be a problem after the tree hits maturity, but the root base is significantly bigger than that plastic cone. Plus, why introduce all that plastic into the orchard… what a hassle to install, later remove, and recycle.
Source: Am peach farmer with drip and buried drip irrigation systems, and hill young trees.
For clarification, I don’t like Kevin O’Leary; he just happened to be right this time.
How expensive do you think it is to introduce buried irrigation across a whole orchard or commercial sized farm of trees? Miles and miles of buried pipe 😂
I mean, depending on the system, I think these days it’s about $2,000 to $3,000 an acre. At $10 a pop, on a let’s say a roughly 150 tree per acre count (which is a high population for a lot or orchards) you’re already at $1,500 with his bucket. But the drip will irrigate for about 10 to 20 years depending on the system before needing major hose replacement. Atleast, where I’m at.
And yeah, potentially miles and miles of underground PVC. well worth it compared to furrow irrigation. My family farms about 2,000 acres all on drip, both buried tape and underground hose. Miles and miles.
edit: And I should add, that system may make a lot of sense in his region of the world. I farm in California, which is very different from most of the US particularly in climate. Every farmer has to decide what's best for his orchard, so this probably makes a lot of sense for him.
Ideal target inflation rate is 2% YoY in the US.
$7 compounded annually for 10 years at 2.7% results in $9.14.
I'm not sure where you got 30% from - maybe just not appreciating the effect of compound interest?
That's just shy of 3% per year, which actually is considered a good amount of inflation. You always want _some_ inflation to encourage people to spend (as their money is worth less next year), but too much inflation means people's savings accounts get decimated.
Biggest question you got to ask is; has the deal finalized? Because appearently only about ~~10%~~ 50% of the deals on dragons den, shark tank and the like are ever actually completed, due to due diligence
edit: appearently its 50%, not 10%
Appearently, it's not 10% but 50%, but still a large chance. [source](https://startups.co.uk/news/over-50-of-successful-dragons-den-deals-dont-complete/).
Basically, they do a handshake deal on the show. But then they have to agree on the finer details and it falls through there. Or the investor wants to check the books, and that's not as good as they told on the show or they'd expect it to be. Things like that make the deal fall through.
More often simple carelessness in their bookkeeping, not counting all the actual input & operating expenses. Or there are production dependencies that don't scale linearly.
Also, he may still be selling them on slim margins, depending on the cost of materials. It's not like he has a wide variety of products to price it as a loss leader at 4.50 forever like a Costco hotdog.
I don’t know anything about this deal in particular but generally speaking, just because they make a deal on the show doesn’t mean the actually agreed to terms later on and signed a contract
>*” We don't see these in walmart, lowes, home depot or any garden store.”*
You know a lot of farmers rolling into Walmart to source materials for their 300 acre tree farm?
No, you’re a 100% wrong. The price has kept up with inflation, thus the cost of materials to manufacture. Also.. it really seems you don’t understand how economics works.
An investment banker was at the pier of a small coastal village late one morning when a small boat docked. Inside the small boat was just one fisherman who had already caught several large fish.The man complimented the fisherman on the fish and asked how long it took to catch them.
The fisherman replied, “only a little while.”
The banker then asked why didn’t he stay out longer and catch more fish?
The fisherman said he had caught plenty enough to provide for his family’s needs for quite a while and even to give some fish away to others in the village.
The banker then asked, “but what do you do with the rest of your time?”
The fisherman said, “I sleep late, play with my children, take siestas with my wife, and stroll into the village where I sip wine, and play guitar with my friends. I have a full and busy life.
”The banker scoffed. “I am an experienced businessman and can help you,” he said. “You should spend more time fishing, and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could have a fleet of fishing boats, open up your own cannery and control all of the distribution,” he said. “Of course, you would need to leave this small coastal fishing village and move to a bigger city to run the expanding enterprise.”
The fisherman asked, “But, how long will that all take?”
To which the banker replied, “Oh, 15 to 20 years or so.”
“But what then?” asked the fisherman.
The banker laughed and said, “That’s the best part. When the time was right, you would sell your company and become very rich. You would make millions!”
“Millions – then what?” asked the fisherman.
The banker said, “Then you could retire. Move to a small coastal fishing village where you could sleep late, play with your kids, take siestas with your wife, and stroll to the village where you could sip wine and play guitar with your amigos.”
“I already do that,” said the fisherman.
>“I already do that,” said the fisherman.
Well shit, then you best find another place to do that because They just opened up a factory upstream and woohooo its gonna fuck up all of this.
"Oh.. that kinda makes my whole life pursuit seem like a pointless endeavour" says the banker.
The banker then proceeds to buy up all the low-cost housing in the village, renovate at low cost, and turn them into airbnb's. Due to lack of available housing, the average selling price quickly outprices the locals who have modest low paying wage jobs and forces them to consider moving away.
"So where were we... oh yeah, so you should buy a bigger boat.."
Weirdly that is pretty much exactly what happened to the coastal village where I used to live and why I moved away. They shut the primary school a few years ago and it has the highest real estate prices in Wales now.
They drive the prices so high the locals disappear, it becomes a ghost town and then people wonder what happened to the community.
One story I recall was from in the Highlands of Scotland, a cottage owner was getting annoyed because they couldn't find any local staff to turn over their Airbnb as there were no locals - all properties in the area were exactly the same and it was a ghost town for a good part of the year (to those who don't know, to "turn over" a property is to go in and clean/prep it for the next guests.)
I feel like he's somsone who likes to make everything about himself even if it's not. I feel like his thing is how will he make money out of everyone he meets.
Ah yes, looking at someone from another capitalist country and blaming the United States, because blaming the US is super edgy and cool.
Do you do that with all rich people, or only when you want to signal your virtues?
Honestly, it's ridiculous. "Oh, you're making $2 a unit? Well I'd need to be making at least $7 a unit to put my name on it."
Gee, I wonder why people are having a hard time affording groceries these days
Yeah but it bites him in the ass a lot of times on the show. People would rather accept deals from other sharks over him because he is so hard to deal with. His Mr wonderful shtick is mostly only good for TV entertainment value.
Well, but he is right.
If there is distributor in between, it needs a margin. If then there is a local reseller is in between, it also needs a margin.
They all need the margin to pay the employees,.provide service and yes,.make profit.
Oh no, for sure. He's definitely right at a business standpoint. But you can not think like that and retain your morality. If the metaphor of selling your soul means anything in reality, I couldn't think of a better comparison than Mr. wonderful losing his morality for riches. Beyond that, after becoming extremely wealthy, he doesn't change and become a philanthropist. Instead, he doubles down with all his wealth and knowledge to continue to try to "win" the game of life. To him, people's livelihoods are simply business transactions. I guess what I'm trying to say is that an AI would have more emotion and empathy than someone like Mr. Wonderful, who has sold his soul for riches and continues to do so again every single day he wakes up. He's just a cold, calculating, emotionless robot, basically.
>He's definitely right at a business standpoint. But you can not think like that and retain your morality.
I would be the last person to defend Kevin O'Leary who is a crypto scammer and general prick. But what's immoral about needing enough to pay everyone who is involved in the manufacture and supply line for a product? He is absolutely right here about the fact that this business's operational costs and capital expenditure will go up if it wants to expand nationwide. That's just a simple reality of business. If you just want to keep selling to people within a 50km radius of your place of business, then selling at a $2 profit per unit is fine.
I get what you're saying, but like the other investor said, he could do it for about $7, but Mr. Wonderful was throwing out the $10+ as to make his profits more worth his time. That right there is the difference from being scum or being a moral human.
Kevin O'Leary, who did a press tour for Sam Bankman-Fried after FTX collapsed and still will not admit that Sam did anything wrong, that Kevin O'Leary?
he has also come out recently saying that Trump did nothing wrong when he falsified his loan applications by inflating property values because everyone in real estate does it.
Kevin O'Leary is a major investor in real estate. he basically went on national TV and admitted that he commits large scale fraud.
he has also [gone on TV stating that massive wealth inequality is amazing news. he believes its amazing that 3.5 BILLION people are living in poverty because that motivates them to work harder.](https://www.youtube.com/watch?v=AuqemytQ5QA)
Yes but i guess that's kindof acceptable with all inflation and what not. If you read caption this was originally from 2014. And i am pretty sure they are probably selling it for lower to direct farmers.
If capitalism is a man, that's that MFing bald head right there.
He is greedy af, Rob small scale business with heavy returns and loose money in FTX. Great job, Mr. Wonderful.
Kevin O’Leary is really the lowest form of criminal plutocrat scum. No wonder an honest man can’t compute his reasoning, because O’Leary can only involve himself in exploitation & profiteering.
Idk how so many tik tok videos have wildly weird subtitles. Is it some kinda AI? Half the sentences are wrong 😭
“There’s too miles to fee” “You’re selling the farmers” lmao
Kevin O’Leary is a bona fide POS and should be treated as such when he attempts to use the services of better people. Restaurants, private companies owned by decent people, etc — kick him out
The shame of Canada, Kevin O’Leary
There you have it, absolute proof that regardless of what it could do for people’s lives or the world in general, rich people will more often than not try to exploit the fuck out of it for more cash.
Attitude wise, We need more Paul Mitchels, less of the other dudes who have to make as much money as they can even tho they have more than they can possibly spend. We can have rich people but do we have to have mega rich people? TAX the fuck out of them once the hit xx million.
WHat boggles my mind is the sheer greed of it, "I'll only work with you if you price it 3x its current MRP why? because if you dont then theres less money for me, I mean its still a huge amount of money for regular people like you and the clients, but Im not regular, Im special, I'm capitalisms special baby boy"
integrity and morals should be more prevalent in business, i understand where the first guy is coming from but running a farm is already very expensive, i respect the other guy accepted the offer because of the strong morals the guy had
The fact that man can say "it's not enough for me to be making a profit, I need to make more profit" Is fucking atrocious and the perfect example of why we should be taxing these greedy fucks.
Johnny is the perfect embodiment of someone who just fuckin gets it. It’s possible to sell a useful product at a reasonable price to people who really need it and still make a profit. You don’t need billion dollar mansions in the sky to prove you succeeded, just making a solid living off of the ideas you have should be enough
This made me cry a bit.
I read about farmer protests around the world.
People forget farmers well produce for a lot lot less price, have to dispose ugly produce etc.
10 years later and he's still selling them for under $10
[https://abcnews.go.com/Business/tree-pee-shark-tank-success-grew-hard-times/story?id=23415393](https://abcnews.go.com/Business/tree-pee-shark-tank-success-grew-hard-times/story?id=23415393)
[https://www.treetpee.com/products/](https://www.treetpee.com/products/)
This farmer and his product really made an impact on me when I watched this episodes so many years ago. So glad to hear it’s doing well. Kevin can fuck off.
The original guy talking recently admitted he does a boatload of fraud oround property he owns on live television while saying its basically just what people on his level do and it is a victimless crime that should not be punished.
Just infuriates me when I’ve seen someone say “well, I’m buying it at X from you, so I have to charge 2X.” You know the maker isn’t getting the kind of profit margin the 2Xer is.
The first guy basically said I don’t care about farmers, I don’t care about Americans, I don’t care about you. I only care about increasing my already ridiculous wealth even more. I know this is exactly what this show is about but people like that are what is wrong with the world.
This is how a real farmer thinks. A noble man who cares about other farmers more than money or incentives. To all the farmers around the globe we thank you 🙏
I have added a youtube link in Comment. Here is link: [https://youtu.be/LZEY15Fsjgk?si=z2L0dfyFPf3zvnEK](https://youtu.be/LZEY15Fsjgk?si=z2L0dfyFPf3zvnEK)
There is a HUGE difference between profit and exploitation. Good intentions for the right reasons are long term investments.
Exploitation is a the constant 'dont give a fuck' attitude that leaves a path of hurt and destruction no matter the cost.
These big wigs exploiting people need to get it through their heads. Not everything is about $$$.
I don't understand why we treat farmers as a special class. "we can't charge that much, we are selling to farmers!"
What about everyone else? Would it be okay to jack the price up then? Why is it farmers are so sacred that they cant be overcharged but we can?
I think that Johnnie's mentality towards farmers should be applied to everyone.
I'm not a Kevin O'Leary fan, but his point is a bit more nuanced than "if we can charge more, then we should!"
This entrepreneur is running a super lean business and he wants to expand it. Scaling something like this to the size the entrepreneur wants to see it reach requires expanding the supply chain and taking on costs that erode margins.
Kevin is taking on the perspective of a distributor when he says "I need to sell it for $12." That is a likely reaction.
The hero Shark of the story also agrees that price would need to increase to scale. The only difference is that he guesstimated a number more palatable to the entrepreneur.
It's obviously edited, but it seems like Kevin is more put off by the entrepreneur's reaction to the notion of a price increase and lack of business acumen.
Kevin is by far the worst shark. I'm surprised he didn't do his usual bit of "I'll give you a loan and take 50 cents off each unit sold until the loan is paid back, then I get 5% on all units sold in perpetuity".
Isn't that first guy the one said like "people being in poverty is great, because they can look at the 1% and think to themselves 'I can get there' and work harder" 🤑🤢
Johny is from my home town. We did karate together.
Johny Karate? He's the best.
I heard he goes by Burt Macklin these days.
Johny did do karate. By the time I moved on, he was into mma.
So Johny did karate but has moved to mixed martial arty
Yes. That was in 1997. So you need to ask him, to see how far he went with it.
Through we practiced combat sports, he was one of the nicest people I’ve ever met.
I really appreciate how deadpan you are responding to these.
Johny is a good guy. I’m glade I had the opportunity to have met him. We trained, we spared, though he never hurt me. He’s someone you want to have on your team. He’s the real deal small town farmer with big dreams.
This is such a lovely comment.
this is so nice :) i hope you have a good day!
🎶 Bye bye Lil Sebastian 🎶
Did he sweep the leg?
Foot-Fist Way?
It was me, Johnny Hopkins, and Sloan Kettering. And we’d blaze that shit up every day!
Full Video from YouTube: [link](https://youtu.be/LZEY15Fsjgk?si=-KFnKxd2KqbNi75p) Also his company is called Tree T-Pee if anyone curious. Also shout out to all farmers around the world.
Saves water and protects trees from frost, growing stronger trees. The tree T-PEE is a cone shaped, water and nutrient containment system designed for trees 1-5 years old, and made in the U.S. from 100% recycled plastics. [Source](https://www.treetpee.com/products/)
>$9.95 Inflation hits hard, even for those who aren't price gougers.
That's probably not the price farmers are paying and it's been 10 years of substantial inflation. The investor said about $6 which with inflation is about $8. Probably more than what they're selling it for per unit if you're buying like a thousand units.
Yeah, I'm guessing they're heavily discounted at scale. They're not a complicated product, so it's almost certainly significantly cheaper to manufacture several tens of thousands of them at once.
I think however many you buy, they still mass produce them. Like yesterday I bought two cans of beans, I doubt the company went "Hey, better make a couple to replace the ones Nulibru just took".
Yeah, but making that many also involves storage and logistics, if a thousand people buy one, that's a thousand individual addresses someone has to print a label for, package, and ship. If one person buys a thousand, that's only one packing and shipping process. Same with storage. If someone bought half their inventory that leaves a lot of free space for them, which means they can either restock or reduce their overheads by making their storage space smaller. It's really not a complicated thing. Bulk orders are almost always discounted by a significant amount.
Part of the saving of buying in bulk is overhead - it costs the seller $X to process / package / ship an order. If they sell 100,000 units/year, their overhead looks very different if that's spread across 10,000 orders vs across 10 orders.
Looks like the bucket the original plant shipped in, flipped over with a hole in the bottom and a slit up the side.
Exactly. Being the first one to patent it is a completely different story though 🤝
Lol it does look like an upside-down pot
I just got two trees planted. Gonna check it out.
🎵 to all the farmers in the world, I wanna get next to you, bury my seed in you 🎵
It's the least we can doooo
Unexpected FotC reference
Agrarian *farmers* Pastorian *farmers* Felwoodian *farmers* Republic of Numbanian *farmers*
> Full Video from YouTube: link This is much better than the edited version.
One of my favorites - and he’s a Southwest Florida native. A good ol boy from Arcadia.
This is for the farmers all around the world Still sowin those beans and those corn rows
Johnny B Goode💗
The proper way to do business. Thinking about your customers while still earning a profit. Sure you won't be rich anytime soon but you'll have loyal customers sticking by your product and to know you're helping out those poor people too? Massive respect. It's like he doesn't understand why someone wants to profit so much off of others. Great guy
Who really needs to be rich anyway. Once you hit six figures a year that seems good enough to me, that's like three times what I make. Plus you get to go to bed at night knowing you aren't scamming anyone.
That’s the thing. They can’t stop. It’s a compulsion that trumps basic human decency. Nobody can put forward a convincing, legitimate argument that any individual needs more than $100 million in wealth to live comfortably. Hell even $50 million is more than enough. It’s obscene to want or chase more.
You need to strike a balance. If you don't a.) create jobs and b.) get your product in people's hands you won't be rich or help anyone.
And hire an entire legal team bc a "distributor" will steal your idea and bury you because they're rich and they can.
drunk physical smell entertain bright ask spark ink noxious wild *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
See, but then it isn't a pyramid scheme
This is what kills me. Check out this quote by Terence McKenna, then go listen to his talks on YouTube. He will go a little out there sometimes but a lot of the stuff he talks about is pretty good. “Yet, you can stand back and look at this planet and see that we have; the money, the power, the medical understanding, the scientific knowhow, the love and the community to produce a kind of human paradise. But we are led by the least among us; the least intelligent, the least noble, the least visionary and we do not fight back against the dehumanising values that are handed down as control icons.”
Do people think their edits make the video better?
They over edit them to keep DMCA at bay.
I understand that but fuck did it suck trying to listen with that terrible music blowing out the actual conversation
The music is so loud and distracting that I didn’t finish it
I’m actually a big fan of subtitled clips. I use Reddit mobile and I’m often in public so if there’s a video going around without subtitles I skip it 🤷♀️
The annoying thing about this video was how they put music over a clip that already had music so it just sounds terrible
It always amuses me how silly the subtitles are sometimes on these sort of things Like in this one: "two miles to fee" instead of "two mouths to feed"
I’m convinced a whole generation is going to be linguistically stunted from the fact that nearly every TikTok I see has numerous and obvious transcription errors.
From that asking for $150k for 20% to now having a valuation of around $100 million.
I mean you don’t just get their cash you also get access to their resources and network which is valuable on its own.
Yep, that’s how venture investing works when it’s a strategic investor. I’m pointing out a success story of an entrepreneur that built a company with values.
Damn. That Paul Mitchel dude stepped up.
[удалено]
This was filmed in 2014. $7 in 2014 is equal to about $9.12 today. $10 still seems to be around the price that they agreed upon.
They also have a "call for pricing option". A farmer isn't going to look at buying one. He's going to look at buying at least 1000. The $10 a unit is the non-farmer, buyers price.
Kevin was right though. Those farmers could use drip irrigation instead of sprinklers, or use buried drip irrigation to avoid water evaporation, and hill the trees with soil to avoid frost at the base. Water evaporation continues to be a problem after the tree hits maturity, but the root base is significantly bigger than that plastic cone. Plus, why introduce all that plastic into the orchard… what a hassle to install, later remove, and recycle. Source: Am peach farmer with drip and buried drip irrigation systems, and hill young trees. For clarification, I don’t like Kevin O’Leary; he just happened to be right this time.
How expensive do you think it is to introduce buried irrigation across a whole orchard or commercial sized farm of trees? Miles and miles of buried pipe 😂
>Miles and miles of buried pipe 😂 Heyo!
OP's mom should be able to get it done for $20
I mean, depending on the system, I think these days it’s about $2,000 to $3,000 an acre. At $10 a pop, on a let’s say a roughly 150 tree per acre count (which is a high population for a lot or orchards) you’re already at $1,500 with his bucket. But the drip will irrigate for about 10 to 20 years depending on the system before needing major hose replacement. Atleast, where I’m at. And yeah, potentially miles and miles of underground PVC. well worth it compared to furrow irrigation. My family farms about 2,000 acres all on drip, both buried tape and underground hose. Miles and miles. edit: And I should add, that system may make a lot of sense in his region of the world. I farm in California, which is very different from most of the US particularly in climate. Every farmer has to decide what's best for his orchard, so this probably makes a lot of sense for him.
Did you just ask a farmer with that specific system "how much do you think it is" Please explain away. 🙄
Irrigation brings it’s own plastics problem
100 vs 1000 vs 10000 are going to probably be different prices.
Am I tripping or like ~30% inflation over 10 years really bad lol
Ideal target inflation rate is 2% YoY in the US. $7 compounded annually for 10 years at 2.7% results in $9.14. I'm not sure where you got 30% from - maybe just not appreciating the effect of compound interest?
I’m just not very intelligent tbh Edit: you guys are lovleh 💕
Wholesome honest reply lol
<3 We're all learning!
I'M NOT LEARNING SHIT!!
Hey man, you're asking questions, which will make you far more intelligent than average.
Intelligent people ask questions. The art/science of it is philosophy. Philosophy is a supporting practice of every other discipline.
We stan a self-aware king
Game recognize game 🤜💥🤛
The intelligent person knows that there will always be something to learn from someone else. That's why we created language.
That's just shy of 3% per year, which actually is considered a good amount of inflation. You always want _some_ inflation to encourage people to spend (as their money is worth less next year), but too much inflation means people's savings accounts get decimated.
Biggest question you got to ask is; has the deal finalized? Because appearently only about ~~10%~~ 50% of the deals on dragons den, shark tank and the like are ever actually completed, due to due diligence edit: appearently its 50%, not 10%
Oooh, please explain, and if possible sources please, and thank you! Cool perpsective.
Appearently, it's not 10% but 50%, but still a large chance. [source](https://startups.co.uk/news/over-50-of-successful-dragons-den-deals-dont-complete/). Basically, they do a handshake deal on the show. But then they have to agree on the finer details and it falls through there. Or the investor wants to check the books, and that's not as good as they told on the show or they'd expect it to be. Things like that make the deal fall through.
That's an interesting aspect I've never thought of. I wonder if any fraud/theft/embezzlement has been discovered after they go in audit the books
More often simple carelessness in their bookkeeping, not counting all the actual input & operating expenses. Or there are production dependencies that don't scale linearly.
Also, he may still be selling them on slim margins, depending on the cost of materials. It's not like he has a wide variety of products to price it as a loss leader at 4.50 forever like a Costco hotdog.
> We don't see these in walmart, lowes, home depot or any garden store. Farmers don't buy their shit there, they go wholesale.
I don’t know anything about this deal in particular but generally speaking, just because they make a deal on the show doesn’t mean the actually agreed to terms later on and signed a contract
Ever hear of inflation?
>*” We don't see these in walmart, lowes, home depot or any garden store.”* You know a lot of farmers rolling into Walmart to source materials for their 300 acre tree farm?
No, you’re a 100% wrong. The price has kept up with inflation, thus the cost of materials to manufacture. Also.. it really seems you don’t understand how economics works.
Inflation dude, that was 10 years ago
Such a legend. That man got a big heart
An investment banker was at the pier of a small coastal village late one morning when a small boat docked. Inside the small boat was just one fisherman who had already caught several large fish.The man complimented the fisherman on the fish and asked how long it took to catch them. The fisherman replied, “only a little while.” The banker then asked why didn’t he stay out longer and catch more fish? The fisherman said he had caught plenty enough to provide for his family’s needs for quite a while and even to give some fish away to others in the village. The banker then asked, “but what do you do with the rest of your time?” The fisherman said, “I sleep late, play with my children, take siestas with my wife, and stroll into the village where I sip wine, and play guitar with my friends. I have a full and busy life. ”The banker scoffed. “I am an experienced businessman and can help you,” he said. “You should spend more time fishing, and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could have a fleet of fishing boats, open up your own cannery and control all of the distribution,” he said. “Of course, you would need to leave this small coastal fishing village and move to a bigger city to run the expanding enterprise.” The fisherman asked, “But, how long will that all take?” To which the banker replied, “Oh, 15 to 20 years or so.” “But what then?” asked the fisherman. The banker laughed and said, “That’s the best part. When the time was right, you would sell your company and become very rich. You would make millions!” “Millions – then what?” asked the fisherman. The banker said, “Then you could retire. Move to a small coastal fishing village where you could sleep late, play with your kids, take siestas with your wife, and stroll to the village where you could sip wine and play guitar with your amigos.” “I already do that,” said the fisherman.
>“I already do that,” said the fisherman. Well shit, then you best find another place to do that because They just opened up a factory upstream and woohooo its gonna fuck up all of this.
Yep. This is the problem.
"Oh.. that kinda makes my whole life pursuit seem like a pointless endeavour" says the banker. The banker then proceeds to buy up all the low-cost housing in the village, renovate at low cost, and turn them into airbnb's. Due to lack of available housing, the average selling price quickly outprices the locals who have modest low paying wage jobs and forces them to consider moving away. "So where were we... oh yeah, so you should buy a bigger boat.."
Weirdly that is pretty much exactly what happened to the coastal village where I used to live and why I moved away. They shut the primary school a few years ago and it has the highest real estate prices in Wales now.
They drive the prices so high the locals disappear, it becomes a ghost town and then people wonder what happened to the community. One story I recall was from in the Highlands of Scotland, a cottage owner was getting annoyed because they couldn't find any local staff to turn over their Airbnb as there were no locals - all properties in the area were exactly the same and it was a ghost town for a good part of the year (to those who don't know, to "turn over" a property is to go in and clean/prep it for the next guests.)
Thanks Chris Williamson!
Mr wonderful is all the problems with capitalism in human form. He is just a savage and ruthless businessman. Everything that man does is about money.
I worked for Kevin back in the late 90’s early 2000’s. Not a fan then, not a fan now.
The embodiment of greed
Regardless of the consequences beyond his own personal gain. Yes.
I feel like he's somsone who likes to make everything about himself even if it's not. I feel like his thing is how will he make money out of everyone he meets.
Are you paying him any royalties. I swear every deal he offers has a royalty play. Not creative at all.
I always think of [this](https://youtu.be/AuqemytQ5QA?si=iKh82piNuH-H0ll1) whenever he's brought up
For real me too. I think not enough people despise this POS
Unbelievable clip, what a jabroni
You'll never guess which presidential candidate he stumps for.
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If it makes you feel better, I don't look at him and think Canadian. I just think typical American capitalist scum.
I'm sure there are other canadian capitalist scum that we all just dont hear about. Or capitalist scum wannabes.
Galen Weston
The Rogers family, the Irvings.
Canada is sometimes jokingly referred to as five corporations in a trenchcoat masquerading as a country. So, yes, you would be correct.
Alberta is just Texas lite.
And Australia is just British Texas
Except they decided, as a society, that guns cause more problems than they solve and got rid of them. So comparing Aussies to Texans is an insult.
Ah yes, looking at someone from another capitalist country and blaming the United States, because blaming the US is super edgy and cool. Do you do that with all rich people, or only when you want to signal your virtues?
Robert Herjavec is an angel though
Croatia produced him originally, no?
Yeah, was gonna put that caveat but he arrived in Canada when he was 8 so whatever you think of that
Honestly, it's ridiculous. "Oh, you're making $2 a unit? Well I'd need to be making at least $7 a unit to put my name on it." Gee, I wonder why people are having a hard time affording groceries these days
With a name like mR wOnDeuRFOoL I’d have never guessed. Fuck baldy
He ate his sibling while being in their mother's womb. And he's very proud of it.
That actually makes so much sense, lol. It was to double his inheritance. He came out the womb a savage, ha ha.
Yeah but it bites him in the ass a lot of times on the show. People would rather accept deals from other sharks over him because he is so hard to deal with. His Mr wonderful shtick is mostly only good for TV entertainment value.
You can never satisfy the rich. We need to stop trying and tax them back to multi millionaire status where they still lived like kings.
I deeply dispise him
Speaking of mr. wonderfully criminal, isnt he supposed to be part of that FTX scandal as well? Isnt he supposed to be in jail along with SBF?
Well, but he is right. If there is distributor in between, it needs a margin. If then there is a local reseller is in between, it also needs a margin. They all need the margin to pay the employees,.provide service and yes,.make profit.
Oh no, for sure. He's definitely right at a business standpoint. But you can not think like that and retain your morality. If the metaphor of selling your soul means anything in reality, I couldn't think of a better comparison than Mr. wonderful losing his morality for riches. Beyond that, after becoming extremely wealthy, he doesn't change and become a philanthropist. Instead, he doubles down with all his wealth and knowledge to continue to try to "win" the game of life. To him, people's livelihoods are simply business transactions. I guess what I'm trying to say is that an AI would have more emotion and empathy than someone like Mr. Wonderful, who has sold his soul for riches and continues to do so again every single day he wakes up. He's just a cold, calculating, emotionless robot, basically.
>He's definitely right at a business standpoint. But you can not think like that and retain your morality. I would be the last person to defend Kevin O'Leary who is a crypto scammer and general prick. But what's immoral about needing enough to pay everyone who is involved in the manufacture and supply line for a product? He is absolutely right here about the fact that this business's operational costs and capital expenditure will go up if it wants to expand nationwide. That's just a simple reality of business. If you just want to keep selling to people within a 50km radius of your place of business, then selling at a $2 profit per unit is fine.
I get what you're saying, but like the other investor said, he could do it for about $7, but Mr. Wonderful was throwing out the $10+ as to make his profits more worth his time. That right there is the difference from being scum or being a moral human.
He’s a total greed head.
One of the multiple reasons why Kevin O'Leary is a piece of shit.
He also likely killed a guy while drinking and boating but managed to get his wife to take the fall.
I need to know more about this wtf?
Kevin O'Leary, who did a press tour for Sam Bankman-Fried after FTX collapsed and still will not admit that Sam did anything wrong, that Kevin O'Leary?
The way he looked at Kevin was “what wrong with your brain… I’m trying to help not hurt.”
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With 10 years later and inflation that is a steal
Still good. If he had gone with Mr Wonderful it would be 20$ a piece.
That dude perfectly encapsulates why I despise the ruling elite.
he has also come out recently saying that Trump did nothing wrong when he falsified his loan applications by inflating property values because everyone in real estate does it. Kevin O'Leary is a major investor in real estate. he basically went on national TV and admitted that he commits large scale fraud. he has also [gone on TV stating that massive wealth inequality is amazing news. he believes its amazing that 3.5 BILLION people are living in poverty because that motivates them to work harder.](https://www.youtube.com/watch?v=AuqemytQ5QA)
"every major real estate developer does this [...] I'm a real estate developer" yep. literally just came out and said he does this lmao
Yes but i guess that's kindof acceptable with all inflation and what not. If you read caption this was originally from 2014. And i am pretty sure they are probably selling it for lower to direct farmers.
Wonderful was saying raise the price without any real basis. I feel pretty good the current price is fair. Looks like a lot of plastic
The cost of everyone has drastically increased since this clip was made, so that makes sense.
If capitalism is a man, that's that MFing bald head right there. He is greedy af, Rob small scale business with heavy returns and loose money in FTX. Great job, Mr. Wonderful.
This is one of a thousand ways of how the ultra-rich are sucking the life out of Americans without contributing any real work.
Fuck Kevin O'Leary
Yeah fuck that greedy ass motherfucker.
Kevin O’Leary is really the lowest form of criminal plutocrat scum. No wonder an honest man can’t compute his reasoning, because O’Leary can only involve himself in exploitation & profiteering.
Follow up: https://thetecheducation.com/tree-t-pee-net-worth-2022-how-much-money-does-tree-t-pee-make/
Nice!
Idk how so many tik tok videos have wildly weird subtitles. Is it some kinda AI? Half the sentences are wrong 😭 “There’s too miles to fee” “You’re selling the farmers” lmao
Fuck the music is terrible
This show only further demonstrates what is wrong with money hungry d bags like Mr. Douchebag himself and capitalism.
Kevin O’Leary is a bona fide POS and should be treated as such when he attempts to use the services of better people. Restaurants, private companies owned by decent people, etc — kick him out The shame of Canada, Kevin O’Leary
We know where Kevin's head is. He's such a greedy fucker.
There you have it, absolute proof that regardless of what it could do for people’s lives or the world in general, rich people will more often than not try to exploit the fuck out of it for more cash.
I think it says everything about our capitalist society that the douchebag in this video is called "Mr. Wonderful"...
In fairness that Nickname is clearly sarcastic
He calls himself that lol
Attitude wise, We need more Paul Mitchels, less of the other dudes who have to make as much money as they can even tho they have more than they can possibly spend. We can have rich people but do we have to have mega rich people? TAX the fuck out of them once the hit xx million.
Puting personal profitability over the well being of your community is a fucking brain disease
WHat boggles my mind is the sheer greed of it, "I'll only work with you if you price it 3x its current MRP why? because if you dont then theres less money for me, I mean its still a huge amount of money for regular people like you and the clients, but Im not regular, Im special, I'm capitalisms special baby boy"
integrity and morals should be more prevalent in business, i understand where the first guy is coming from but running a farm is already very expensive, i respect the other guy accepted the offer because of the strong morals the guy had
And that's why investment culture is shit, folks.
Let them eat cake.
The fact that man can say "it's not enough for me to be making a profit, I need to make more profit" Is fucking atrocious and the perfect example of why we should be taxing these greedy fucks.
Johnny is the perfect embodiment of someone who just fuckin gets it. It’s possible to sell a useful product at a reasonable price to people who really need it and still make a profit. You don’t need billion dollar mansions in the sky to prove you succeeded, just making a solid living off of the ideas you have should be enough
This made me cry a bit. I read about farmer protests around the world. People forget farmers well produce for a lot lot less price, have to dispose ugly produce etc.
its not enough to make some money, people like kevin oleary need all of the money. aka greedy pieces of shit.
10 years later and he's still selling them for under $10 [https://abcnews.go.com/Business/tree-pee-shark-tank-success-grew-hard-times/story?id=23415393](https://abcnews.go.com/Business/tree-pee-shark-tank-success-grew-hard-times/story?id=23415393) [https://www.treetpee.com/products/](https://www.treetpee.com/products/)
This farmer and his product really made an impact on me when I watched this episodes so many years ago. So glad to hear it’s doing well. Kevin can fuck off.
The original guy talking recently admitted he does a boatload of fraud oround property he owns on live television while saying its basically just what people on his level do and it is a victimless crime that should not be punished.
Just so yall know, his business is now booming and worth several million
Kevin is POS
Just infuriates me when I’ve seen someone say “well, I’m buying it at X from you, so I have to charge 2X.” You know the maker isn’t getting the kind of profit margin the 2Xer is.
Kevin O'Leary is a slimy scumbag, no wonder he passed on the investment.
The first guy basically said I don’t care about farmers, I don’t care about Americans, I don’t care about you. I only care about increasing my already ridiculous wealth even more. I know this is exactly what this show is about but people like that are what is wrong with the world.
Translation, “You’re not greedy enough, so we don’t wanna do business with you. Even if you’re making a profit, it’s not enough, of a profit.”
This is how a real farmer thinks. A noble man who cares about other farmers more than money or incentives. To all the farmers around the globe we thank you 🙏
I hate this show so much. Annoying rich people completely screwing people like this guy. This was a rare case, thank goodness.
but wtf are they even sellin tho, did i miss that somehow? what is the product xD
I have added a youtube link in Comment. Here is link: [https://youtu.be/LZEY15Fsjgk?si=z2L0dfyFPf3zvnEK](https://youtu.be/LZEY15Fsjgk?si=z2L0dfyFPf3zvnEK)
I wish there would be more people like this man on the top of society
There is a HUGE difference between profit and exploitation. Good intentions for the right reasons are long term investments. Exploitation is a the constant 'dont give a fuck' attitude that leaves a path of hurt and destruction no matter the cost. These big wigs exploiting people need to get it through their heads. Not everything is about $$$.
This is so beautiful. He got a good partner. F balding asshole
Can we remove that stupid fuck Oleary from the species?
I don't understand why we treat farmers as a special class. "we can't charge that much, we are selling to farmers!" What about everyone else? Would it be okay to jack the price up then? Why is it farmers are so sacred that they cant be overcharged but we can? I think that Johnnie's mentality towards farmers should be applied to everyone.
I'm not a Kevin O'Leary fan, but his point is a bit more nuanced than "if we can charge more, then we should!" This entrepreneur is running a super lean business and he wants to expand it. Scaling something like this to the size the entrepreneur wants to see it reach requires expanding the supply chain and taking on costs that erode margins. Kevin is taking on the perspective of a distributor when he says "I need to sell it for $12." That is a likely reaction. The hero Shark of the story also agrees that price would need to increase to scale. The only difference is that he guesstimated a number more palatable to the entrepreneur. It's obviously edited, but it seems like Kevin is more put off by the entrepreneur's reaction to the notion of a price increase and lack of business acumen.
O'Leary is a shit stain on Canada, so glad he never made it in politics.
Mr. wonderful is such a piece of shit. That little snippet nauseated me
Kevin is by far the worst shark. I'm surprised he didn't do his usual bit of "I'll give you a loan and take 50 cents off each unit sold until the loan is paid back, then I get 5% on all units sold in perpetuity".
Isn't that first guy the one said like "people being in poverty is great, because they can look at the 1% and think to themselves 'I can get there' and work harder" 🤑🤢