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Kevin O'Leary

👤 Speaker
2651 total appearances

Appearances Over Time

Podcast Appearances

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

But only a third have the founder's mindset.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

Does that make sense?

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

Because they've never made payroll.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

They have no idea how to run a business.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

They speculate based on what they see out there on what should be done right and done wrong.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

And they've never, ever, ever, ever, not once made a decision of consequence where they own the results.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

ever.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

They're worthless.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

They have no idea what it's like to make life and death decisions in a business.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

They have no idea on how to process that.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

They just make recommendations based on their experiences as a consultant, which are worthless.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

And so why pay for that?

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

Like, why would you do that?

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

Why don't you actually

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

Give somebody equity that you respect their opinions and let them take risk with you as a partner.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

And then you mitigate what happens to you.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

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.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

I just think what a waste of shareholder value, like what a waste.

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

And, you know, look,

Mick Unplugged
Risk, Reward, and Royalty: Kevin O’Leary Unplugged

I don't disrespect consulting firms.