Kevin O'Leary
👤 SpeakerAppearances Over Time
Podcast Appearances
But only a third have the founder's mindset.
Does that make sense?
Because they've never made payroll.
They have no idea how to run a business.
They speculate based on what they see out there on what should be done right and done wrong.
And they've never, ever, ever, ever, not once made a decision of consequence where they own the results.
They're worthless.
They have no idea what it's like to make life and death decisions in a business.
They have no idea on how to process that.
They just make recommendations based on their experiences as a consultant, which are worthless.
And so why pay for that?
Like, why would you do that?
Why don't you actually
Give somebody equity that you respect their opinions and let them take risk with you as a partner.
And then you mitigate what happens to you.
I mean, when I see these reports, the size of telephone books that these giant S&P 500 companies, you know, pay for, it disgusts me.
I just think what a waste of shareholder value, like what a waste.
And, you know, look,
I don't disrespect consulting firms.