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
When you come to 'Shark Tank,' the only person you should listen to is me, because you know you're getting the truth. I'll decide if it's worth it, and after I'm finished, the rest of the people can look into it.
When you're travelling, your day is jam-packed. I just don't have time to whip out a PC all the time. But I can whip out a BlackBerry and tweet. I keep a constant diary of where I'm at and why I'm there.
Don’t let the dark clouds of greed confuse you
Do you want to be rich or not? Let's get focused on that, buddy
Nobody has a monopoly on good ideas
The biggest mistake entrepreneurs can make is trying to do everything themselves. They usually blow up when they try. I did an inventory of every deal I've ever done and it turned out that every single deal I made money on was a partnership, and every colossal failure, where I lost millions, was something I tried to do by myself.
I never, ever, ever let emotion get in the way of an investment.
You either make it illegal, in which case you support a huge underground economy or you tax it within the limits people can afford.
I like gold because it is a stabilizer; it is an insurance policy.
So much of life is a negotiation - so even if you're not in business, you have opportunities to practice all around you.
I'm starting to think about things that I want to do, things that are fun. One of them is driving a car like a Porsche. I've driven a lot of cars - sedans, trucks and big family vehicles all year long. But there's nothing like a four-wheel-drive Porsche.
We knew they were a good skating team. We came out trying to force their hand with some hitting and our guys got caught up in that a little bit too much. We lost sight of the puck and they're a very good team. They find their open players very well.
When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut.
Working 24 hours a day isn't enough anymore. You have to be willing to sacrifice everything to be successful, including your personal life, your family life, maybe more. If people think it's any less, they're wrong, and they will fail.