YouChews – Having heard of this business through Heads Over Heels – it was nice to meet Liz in person. With a team of 9 people (including a CTO) it was clear Liz has a big vision which might be how she came up with her $2.5 million valuation. Liz was articulate and demonstrated a lovely confidence and pride in what she has achieved. However, I know quite a bit about the two sided market place game having this as the business model at RedBalloon. We have been curating experiences for 15 years – and having the depth of experience and trust in the supply community takes years. Like us, YouChews brand reputation is dependent on every single meal catered… and I wonder if she has got the quality control loop sorted. With just 35 food partners on platform in 2 years and plans to expand to Melbourne – I’m not sure if she has sorted enough of the ‘bugs’ in the systems and processes yet to scale. Has Liz ‘snatched defeat from the jaws of victory ‘ according to Steve. Vital information coming very late in the pitch with four sharks out… whole and complete picture in a pitch (Read Ready To Soar for pitching advice).
Catch up: Sonsee Woman – It is a pleasure working with Vanessa supporting her as she grows her business to provide such a wonderful product to curvaceous women. She has a big vision that all woman no matter their physical attributes should feel comfortable and gorgeous. I have seen her business grow and transform in many different ways. Since we last saw Vanessa in series one she has extended her range from hosiery, to intimates (the anti chaffing shorts are running out the door) and a soon to be launched active wear range. Now in 125 stores around Australia going from $35k t
Luv Ur Skin – An intelligent, 13 year old Melbourne innovator walked into the tank – and we all beamed. Her crisp presentation, her ability to clearly communicate her intentions, plans and challenges was inspiring. Isabella had a finesse about her – she was passionate about natural products for tweens. The range is all about encouraging girls to develop healthy lifestyle habits and routines so that they learn to take care of their skin and bodies as they grow, while having fun doing it. It just goes to show that the entrepreneurial spirit can shine at any age. As Glen aptly said: “We need more rockstars that are entrepreneurs.”
It is such a privileged to witness such a great cross section of Aussie innovators… and bring their stories to Australian’s everywhere.
Here are some more snaps from set.
I was very impressed by the teenager on this evening's show. I hope she is able to pacakage up her products into gift pacakges like you suggested to her, that you may be a assist with. I have a 13 year old daughter and 5 nieces (twees and teens) and all would love a basket of her goodies. A few years ago I was buying Smiggle gift cards, but this prudct range is better suited for the girls now that they are older. I bulk buy at xmas; I have money and need convenience selection and buying.
I am hoping this prodct may be available soon - any news??? This product would sell like hotcakes via teen social media.
I love your work. Regards, Jayne