MEET THE SHARKS

The Sunday Mail (Queensland) - TV Guide - - NEWS -

WITH a com­bined wealth of nearly $1 bil­lion, th­ese are the peo­ple who will de­cide who to back and the in­ven­tions to bring to the mar­ket:

JA­NINE AL­LIS

AL­LIS founded Boost Juice while on ma­ter­nity leave. Fif­teen years on, Boost has more than 400 stores. Her Re­tail Zoo ban­ner also op­er­ates Salsa’s Fresh Mex Grills, Cibo Ex­press and Hatch.

AN­DREW BANKS

AF­TER stints as an ac­tor and restau­rant owner, Banks ex­celled in hu­man re­sources. He co-founded Mor­gan & Banks, which went public 10 years later and drew in rev­enue of $800 mil­lion a year, then merged with TMP/Mon­ster.com. He is a share­holder in more than 10 busi­nesses.

STEVE BAX­TER

BAX­TER left school at 15, joined the army and be­came an ap­pren­tice en­gi­neer. Eight years later, he in­vested ev­ery cent in start-up in­ter­net ser­vice provider SE Net. When that sold he launched PIPE Net­works, which then sold for a whop­ping $370 mil­lion. Bax­ter runs River City Labs, Right Pedal Stu­dios and Star­tupAUS.

JOHN MCGRATH

NOT con­tent with strug­gling as a rookie re­al­tor, McGrath founded McGrath Es­tate Agents in his lounge room in 1988. It made him a mil­lion­aire, with 62 of­fices in Australia. He’s pub­lished five books and is a board direc­tor of the bil­lion-dollar REA Group.

NAOMI SIM­SON

WITH a small amount of cap­i­tal and the help of a neigh­bour, Sim­son founded ex­pe­ri­ence gift re­tailer Red Bal­loon in 2001. The site sold 300 vouch­ers in its first year. Now it sells that num­ber ev­ery cou­ple of hours.

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