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Tom Talks

Kevin O'Leary | Tom Talks 18

Tom Talks

YMH Studios

Society & Culture, Tv & Film, Comedy

4.81.2K Ratings

🗓️ 2 September 2021

⏱️ 48 minutes

🧾️ Download transcript

Summary

Today on Tom Talks, Shark Tank's own Kevin O'Leary aka Mr. Wonderful stops by to talk business with Tom. First, Kevin talks about what makes a winner on Shark Tank, common money issues and family businesses. Next, they discuss the current state of real estate, movie theaters and the balance between business and pleasure. Lastly, Tom and Kevin talk about collecting watches, NFT's and Kevin's new show, Money Court.

Transcript

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0:00.0

All right, very excited to have this guest today. You guys know him as Mr. Wonderful.

0:07.4

You've seen him many times on Shark Tank, of course. And now he's starting a new series on CNBC

0:13.6

called Money Court. It's Kevin O'Leary. Thank you very much for joining me today.

0:17.8

Thanks for being here. Thank you.

0:19.8

I'm a big, big fan of yours. Of course, I've like many people been mesmerized many times

0:27.0

by the endless, endless cycle of Shark Tank and airs 24, 7, 365, whether you're walking through

0:35.4

an airport, a lobby at home. It just, it never stops. It's incredible. It's incredible show that

0:40.9

is now in your, what is it? 13th season or something like that? We're in the middle of 13th

0:45.1

season right now. It's really an incredible success that, I don't know, people just can't get

0:50.5

enough of. I likened it to a little bit of when it's first started, when American Idol first

0:56.8

started, you would watch people being like, I want to be a singer. And then you'd watch them sing

1:02.7

and you're like, either they are terrible and you get some joy out of that. Or you're like,

1:08.1

oh my god, this person is incredible. And there's something about watching people pitch successful

1:13.2

business ideas to, or pitch ideas to successful business people and hearing what kind of feedback

1:19.6

you give them that, I don't know why, but obviously a lot of people feel that way. It's exciting.

1:23.6

It's exciting to either see them go down in flames or get you guys to compete and start wanting to

1:29.9

invest in that business. Well, it's really hard to get financial freedom,

1:34.0

singing. If you get a hit product and you sell hundreds of millions of dollars out of which happens

1:38.8

all the time on Shark Tank these days, you're free. And so we, we are the essence of the American

1:44.8

Dream. And I think that's what I've learned after all of this over a decade of watching. And I

1:50.2

must say something that's really remarkable. Just because you think it's a hot product doesn't

1:54.8

mean it's so. You need a portfolio approach because my biggest winners were ones I thought were

...

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