Kevin O'Leary
Kevin O'Leary
Terence Thomas Kevin O'Learyis a Canadian businessman, investor, journalist, writer, financial commentator and television personality. He is co-founder and Chairman of O'Leary Funds and the co-founder of SoftKey. He previously served as a commentator on Canada's CBC Television and CBC News Network, on the programme The Lang and O'Leary Exchange and hosted Redemption Inc. He is an investor on the ABC reality television series Shark Tank and was a venture capitalist "Dragon" on CBC Television's Dragons' Den...
NationalityCanadian
ProfessionEntrepreneur
Date of Birth9 July 1954
CityMontreal, Canada
CountryCanada
The only reason to do business is to make money; that's the only reason for doing business.
What are the most important qualities that make a successful entrepreneur? The ability to communicate. The ability to express your idea with certainty. That's how you become a leader-even if you are unsure, your ability to explain your vision and your direction is the attribute you need the most. ... Articulate your idea in 90 seconds or less....
Imagine how foolish you'd look if, like one clever salesman who once pitched to me, you tried to license your product to a big industry player without knowing they just launched a competing product. With the right background research, he could have avoided that and other landmines - and so can you.
Don't cry about money, it never cries for you.
Filming 'The Road to Riches' was surprisingly difficult for me. I learned that going back to career successes and failures can be emotionally exhausting as you are forced to revisit the euphoric highs and painful lows in high speed.
I have met many entrepreneurs who have the passion and even the work ethic to succeed - but who are so obsessed with an idea that they don't see its obvious flaws. Think about that. If you can't even acknowledge your failures, how can you cut the rope and move on?
A lot of people have said a lot of great things about Steve Jobs. And for good reason: he built the world's second-most valuable company, with billions in profits and products that have improved every aspect of our lives. But Steve didn't get there by being a soft, fluffy, Kumbaya-type leader.
My partners... taught me that in order to create wealth, I needed to pair up with people whose strengths compensated for my weaknesses.
There are a lot of idiot fund managers out there who add no value to the process at all.
I'm not planning on giving my kids any of my wealth. They know when their education is over, I'm pushing them out of the nest. The bird you see dead under the nest is the one who didn't think about the future.
When I turned 50, something clicked in my head and I said, 'I'm not going to live to 100. I'm half-cooked already.' I set the family down and I said, 'Listen everybody, we're now entering the decade of Daddy. We're going to start doing things that I want to do.
Unions are about the collective leverage, the power of numbers versus the power of capital.
For whatever reason somebody can be convinced to buy a PC, it opens up a whole new market for all of us in the software business.
I look at Twitter as brand building.