Kevin O’Leary has some frank advice for budding entrepreneurs.
Shark Tank star, investor, and business mogul Kevin O’Leary visited Comcast NBCUniversal LIFT Labs in Philadelphia and, true to form, he didn’t mince words. In a discussion with Comcast Chief Business Development Officer Sam Schwartz, O’Leary explained that entrepreneurship isn’t for everybody, especially those with thin skin and a longing for work-life balance.
“People don’t understand how hard it is. It’s not for everybody. Most of the time, it’s not overnight success, in fact 99 percent of the time it takes 10 years or longer of some very difficult times.”
O’Leary knows a thing or two about making sacrifices and building successful businesses. Not only does he star in multiple hit TV shows, he leads O’Leary Financial Group – a group of companies that includes O’Shares ETFs, O’Leary Publishing, and a continually growing roster of other businesses. In 1999, he sold the Learning Company for $3.6 billion, and in 2007 he sold Storage Now for $110 million.
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