How I Made My First Million Dollars Part 1 | Ask Mr. Wonderful Shark Tank's Kevin O'Leary
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- Опубліковано 7 чер 2020
- A lot of people dream of making millions of dollars, but few people know how to make it happen! Today I'm walking you through the steps I took to make my first million (and a bit of extra spare change for good measure.)
Welcome to my UA-cam channel where you ask business and financial questions, and I answer them!
I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?
The current market conditions may provide opportunities to increase revenues swiftly; however, experience is required to carry out such a plan.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That does make a lot of sense; you appear to understand the market better than we do. This coach is who?
Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.
I found her page by searching for her entire name online. After that, I emailed her and we set up a meeting so we could talk; I'm currently waiting on her response.
This is the first time I feel I’m watching genuine content in a long time.
I agree that the video was very good!
@g quin probably the reason that he tells them the don't have a business model is because they actually dont. Why would you lie about something so important to success to someone. It is like sabotage. If anything it is like when you go through a military camp that they make it absolutely horrible so that when you get out in the real world it it a whole bunch easier. The same goes for being brutally honest. Now the person feels that their mistakes can literally destroy them so that they are more careful, making them in return more prepared.
@g quin There's a difference between filling a hole to create a business and getting outside investment for your business. Through grit and hard work, he was able to fill a hole to create a business. To get outside investment, you have to know your numbers or have somebody that can handle the numbers like he said.
I agree
Awesome video! I have some great content to share about money making potentials...let me know what you think.
Starting early is the best way of getting ahead to build wealth. Most times, it amazes me greatly how I moved from an average lifestyle to earning over $83k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to focus.
@Dulce de Leche I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks.
I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.
@@nyreggie That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@@izagdlife You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?
@@nyreggie It's 100% safe and legal, He’s an expert trader on stocks and crypto. I basically do nothing but collect profits, he was able to get me in early on most of these stocks and I exited just at the right time, his analysis was really on point.
Finally someone who is genuine in explaining and doesn't just say "Real Estate"
Real estate is how I made everything I am today. it still by far has the most most profit vs very little risk scenario though..
@@jellyhandle6151 how’d you go about real estate investing?
@@jellyhandle6151 yes that true but mostly you need a hell lot of money for the 1st property
Agreed!
@@arta276 get a loan - buy whatever you can afford
this is literally the most honest, transparent answer, to a question, I've ever seen someone give, NICE
I agree, it actually reminds me of a year ago when I was so broke that I could barely pay my bills. I remember the most important step in my life when I invested my last income with an experienced Forex trader who was recommended to me by a friend. It may seem a bit, but it took courage to know that investing was the right thing to do at the time. Today my small investment of just $ 300 generated over $ 150,000,After I kept Investing and reinvesting. To be successful, you must take a big step. It all start with a decision. Forex is a good investment though
@@marcalcober1832 I'm not surprised, Forex trading is very profitable. When you have a professional forex trader who is good at what he does, your profits can increase by more than 100%. My investment in the forex market earned me the home of my dreams.
@@davidedelman6427 My investment in Forex trading and the profits it generated raised the capital I needed to start my new real estate business. I made more than 300% profit. I invested in a Forex company, invested $ 700 at the end of the month, and made over $ 7,000 in profit. I kept reinvesting. Currency trading is very profitable and can change people's lives very quickly.
@@jaragon7020 True, it actually does change lives, I for one have seen a lot people make money trading Forex no jokes
@@marcalcober1832 How do I reach your trader?? Help a brother
He is... a lot nicer than you would think when you see him on Shark Tank.
He's actually seems got a lot nicer since season 1 of shark tank. I feel bad when he doesn't get the deal because it seems people still think he's an asshole and chooses other sharks most of the time.
In Shark Tank the Show is better done with that side of him, the brutaly honest
yh, I noticed. the successful entrepreneurs seem nicer in person but when it comes to business they go into cold blooded mode. scars from the journey
Hes not an asshole.. hes a real businessman
Honesty can be more valuable than some capital that goes down the drain in a couple weeks
Kevin is a great storyteller. I love hearing him talk about finance, business, watches. He makes everything interesting.
Facts tell, stories sell.
What I do is invest into ETFs and blue chip stocks but I like to focus on ETFs that mirror the performance of a major index like the S&P 500 for good ROI monthly and long term
how do you do it? I mean invest for profits because I have never done it before although back in college I had friends trading stocks and making money but it was never my thing
I once dabbled in stocks and bought shares worth 9k but was growing slowly and learnt to understand the higher the investment the higher returns plus I lack the skill
I use the service of a fiduciary under a great broker, that is the most effective way I have known
@@randy4773 who is your fiduciary, I need his help too
Look up the name Benjamin ravies, that's the name of my fiduciary he trades the market for me with his expertise while I earn he charges commission on profits
This is a rare event: a sucessful person sharing tools, mindset, & discipline involved in financial success. Sound Financial teachings are woefully missing in High School/college. Peace.
Most successful folks share advice, it's just how you take it. I firmly believe they want everyone to be successful l.
The reason things like this are not taught in school is because the people who are teaching you have not figured it out either. Not everyone is going to pursue wealth and attain it either. There is a ton of luck involved.
what do you mean? they always do. People just don't know how to listen or to see it.
I agree. My channel is to share mindset and tools to early stage investors in the financial markets - with less jargon.
@@DylanZyrek They are not taught this in High School because the parent will always have been the child's primary educator. We teach you the math skills, anyone with a checkbook knows when you have 0 in the bank, you can't write a check.
Kevin is my favorite shark, people are harsh on him because he is the only one to say the harsh truth that most people don't want to hear.
Exactly!
What about Cuban?
@@Steve_305 Cuban is a sellout. He treats his business one way but then tells other people and votes another way. He's basically a RINO.
@@adamkendall997 when did he EVER say he was a republican? You are definitely a FULL republican based on your idiocy alone.
@@DJcyberslash When and where did the other guy say that Cuban said he was a Republican?
His point is: Cuban's policies when it comes to business is one way (right leaning) while he votes and talks the other way (lefty)
Not that I agree with his point but you completely missed it. Ironic, since you're attributing being right wing with "idiocy".
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
@@hunter-bourke21 Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@edward.abraham Is there any chance you could recommend who you work with? I have wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation..
@@Kim.beneteau I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with Julia Ann Finnicum" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@@edward.abraham Thanks for sharing this.I just looked her up on the web and your advisor looks advanced and experienced. I will write her an e-mail shortly.
A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/ retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
i don't know much about the market, but based on what little knowledge I have of economic supply and demand, this is the best time to venture into the market, but the only thing holding me back is the constant fluctuations in prices, which it's not supposed to be a problem, but i really need guidance because i want to use this avenue of everything being on discount to build a portfolio that pays dividends and takes care of me in retirement.
@@bastianopapi858 Yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, "TRACY BRITT COOL" she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next
People underate the importance of a financial advisor and Business analytics...what you do with your money is more important than the money you get...unwise investments has rendered a lot of people,celebrities inclusive bankrupt.
@@kelvin-ck3xrPlease do you mind sharing any means of reaching out to her easily? I'm really interested i believe this is genuine.
“If you can’t explain where you want to go, no one will follow you. “ That’s gold!
Please do more videos in this conversational style. It was simple, insightful, and inspirational. It was cool seeing how emotional you got, when talking about the moment you realized how successful you had become.
Great comment. Talking about being successful?! All I see is workhorse Electric vehicle stocks have been on fire in 2020. Workhorse Group (NASDAQ:WKHS) has been no exception. Shares of the electric delivery van manufacturer are up about 400% year-to-date
@@casgainsacademy4280 The first big reason to like Workhorse stock long-term is that the company is at the epicenter of what will be an enormous disruption of the last-mile delivery market over the next 5 to 10 years
Long story short, the mass electrification wave is rapidly proliferating across all things transportation. Passenger cars. Buses. Planes. Trains. Ships. And, yes, delivery vans
you're right.. In few years to come people will be kicking themselves in regrets if they miss this opportunity of investing in workhorse stocks.. they're the best stocks currently and I make very good profits with John ward Harrison as my broker
@@theplainbagel6420 Wow. You guys trade with expert Mr Harrison too? He's been my account manager and broker for a while now he's really good at making profits for his clients
Having multiple income sources is very crucial to financial growth.
I realized the benefits of investing during this period. My source of income had previously been my job. But I lost my job when the pandemic started and I had to live with the little I had in my savings which really affected my plans.
This is exactly what I'm talking about. For the past four years, my income has never been dependent on any firm or work place, because I chose to invest and the more money I get the more I seek for new investment opportunities.
@@repliedbajapanesewithhanak6676 Unfortunately having a job doesn't mean security. So I really appreciate Expert Rex Coleman transparency and help on my trades.
@@wilsonfred7863 I came across this name Rex Coleman, when I was really looking to start up some investments. But I wasn't given much information about him.
*“Shortcuts To Success”*
The first step to attaining wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.
Give this a try and attain weaIth. Get to her
Elizabeth Green Hunts
"If you can't explain where you want to go nobody will follow you." -Kevin
100% true!
Very true having trouble with this one my whole life. Im in my early 20s but i feel like im slower than most of my generation
That's essentially my life problem. And I am good at explaining things. But Im not a "leader/Alpha". I can get people excited to a certain extend but I think I could never do it alone.
If someone would partner up with me who is 100% loyal and has the same goal of getting rich, but would have that alpha gene to make people follow him, then the mix could have potential.
That said, my life is too fucked up and insecure, Im glad that I have some workplace that doesn't treat me as a complete slave.
Interpreneurship is hard when you have no mommy or daddy on which you can rely on if things go incredibly wrong.
You have to be a motherfucker to make it, especially as a poor dude with no relatives or anything.
It's a risk. Either you lose or you win. How many enterpreneurs have you seen that failed.
So I guess I will still have to develop a certain confidence to be actually able to do it. Or fate will send me a dude that has exactly that and will go with me.
This is life advice for any career. Wanna be a great novelist/artist? Your first publication should be a clear indication where you want to go. Even for bands, who make a debut album that is extraordinary and then just do an okay follow-up, or even one that completely sucks, will still have more fans by the time their third album comes around than the ones that entered with an okay debut album and had a phenomenal sophomore album.
First impressions are of the utmost importance if you want to turn your passion into a career. The world always remembers the first time it heard your voice.
If you fail to make a plan for your life, then you will become part of someone else's plan. - me
"My point is: It was never about the money.. It's the jorney, it's the passion for the business, that's what got me going." It hit me when he got emotional about it. I can feel the depth. Amazing, just amazing.
"It was never about the money, it was the journey that got them (other successful entrepreneurs) going. That was my first million dollars". Great story line. Really like the video format. Kevin calls it as he sees it. Cheers
👆👆Thanks for watching 😊
Text *LOVE*
For Beneficial knowledge /profitable advice
& mentorship information contact above ❣️❣️--..
“You can either experience the pain of discipline or the pain of regret. The choice is yours.” You are GREAT. You are pushing me to continue the pursuit of my dreams and freedom. Thanks, Kevin!!!!
Look how happy Kevin is talking about his road to his first Million.
This just shows that “success is about the journey, not the destination”
Ok kobe
Well said, 100%!
Yeah I'm sure he's really happy...he treats people as means to an end, the end being money. His relationships are completely transactional, so once he's gotten what he wants out of you he'll toss you aside
It was interesting that when his company went public he was surprised that he was a millionaire.
literally, Kevin is the only shark from shark tank that looks like a shark
😭😭😭
which word were you seeking to use when you used literally?
😂😂
ha u sure about that? you seen Mark? now *that man* looks like a shark
Buy a good cross section of an economy and you should do well over the long term. The market will be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt.the U.S. is about 50% of the global marketplace, Pay yourself first. It's time in the market, not timing the market. last year I invested 100 grand in the S&P 500/ an allocation fund (with the help of my advisor Jane Marie Kunak of course) and made 370k, but guess what? I reinvested
damn that’s goals! I’d be hyped to get 1K a month dividend atleast
Awesome content, i have come across various recommendations. I must say this one stands out.
I did read about Jane Marie Kunak., quite an interesting lady to look up on the web.
Definitely looking up Ms Jane Marie Kunak
How much you got now.......
This is one of the most inspiring videos I've seen, 3 main points:
1- There is 2 type of people: Icecream shop owner, and slaves
2- Follow your passion, Freedom one of the most passion you can follow
3- Don't look for money, Enjoy the journey, and one day you will say: I'm Fu@#ing rich!
Thank you Kevin for this video :)
Biggest takeaways to earning your first million dollars:
1. Do not be afraid to ask
2. Surround yourself with the right people
Thank you for sharing Uncle Kevin!
thats what you took from this video? How about: dont chase the money and solve problems instead.
And taking initiative! At every step of the process, he approached the people who could make his vision happen, and then delivered!
1.*Don’t do it for the money
So basically just be like my boss. Lol I'm on my way. I'm here to learn anything and everything. I want to know as much as I can. How to fix things so that I never outsource....
thansk for saving me 25 minutes
Already negotiating deals with the Dean, right at admission into the school - Clearly, it's a natural talent :)
yeah I think something he failed to mention that really helped him was being able to spot and sieze opportunities
Excellent information, and I appreciate your breakdown! I'm glad that, despite the recent decline in cryptocurrency, I can still grin at my $56,700 portfolio, which I constructed quickly from my weekly trades.💯💯💯
How does this crypt0 stuff really works and how do I make good returns from it?
@@scpt2I would advise you to begin working with a seasoned broker who will execute trades for you while you keep the profit. I have been trading in stocks, cryptocurrency, and futures for more than 6 years, and I was shocked to learn that I had made over $473k in only the last two quarters.
@@Trumps-tv8xbDo you know of a reliable professional that I should start working with, and if so, how can I contact this person you mentioned?
@@scpt2I would suggest Alice Lee Chen Financials, my present broker. She is currently making a lot of money for me, and her services are excellent. You can probably find the majority of her information online, and you are invited to look into it further.
@@Trumps-tv8xb
Whoa, I'm surprised that you brought up Alice Lee Chen Financials-my broker right now.
I have to laugh because I have had a few dreams about being married to Kevin O'Leary but it really is about my husband Mike becoming a smart investor. We learn from listening and watching the best. Thanks Kevin for sharing how you made your first million dollars. I look forward to part 2. Bless you
No one:
Ice Cream Boss: I'm about to start this man's whole career
Lmao this was a good one ngl
Nice video that reminds me of a year when I was so broke that I could barely pay my bills. I remember the most important step in my life when I invested my last income with an experienced Forex trader who was recommended to me by a friend. It may seem a bit, but it took courage to know that investing was the right thing to do at the time. Today my small investment of just $ 300 generated over $ 150,000,After I kept Investing and reinvesting. To be successful, you must take a big step. It all starts here. Forex is also a good investment.
I had a similar experience to yours. My investment in forex trading saved me from financial burdens after losing my job. Forex trading is very profitable when you have a good Forex trader.
@@rossi2225 You're right though.Forex trading is very profitable. When you have a professional forex trader who is good at what he does, your profits can increase by more than 100%. My investment in the forex market earned me the home of my dreams.
@@rossi2225 True! Investing in Forex is very profitable. Last year I made over $ 45,000 of my long-term investment in the forex market.
This man's children are so damn lucky, being financially educated
You can educate yourself financially too
Nothing is stopping you. People do what they want. If you want to be financially educated you will.
@@natalieibelhaupt1154 that's absolutely true but I assume it's easier to learn about money when someone teaches you than learning by yourself
They are more lucky for being able to learn off this mans true life experiences. He could be dirt poor but his kids would have all the tools they need to become anything.
How would you know he teaches his children financial literacy? Yea sure they have money and they’re set but like I said nothing is stopping you from learning.
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
I will advise you to seek the help of a professional because it’s really hard to create a strong professional portfolio. This will help you to achieve your goals and long term financial objectives
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on UA-cam.
Many won't accept this truth but allow them, they'll understand when they become bankrupt as a result of unavoidable losses trading from mere UA-cam videos.
Living with fear really stops us from taking risks,definitely if you don’t go all out you’ll never get out of any financial situation.
You can feel that he gets emotional when he gets to the exact point where he realized he was a millionaire or more important, gained financial freedom and that the company he had worked so hard to build had become so big and successful.
“That was my first million dollars... well it was more than a million” .. now that is a “Wonderful” thing.
You know it!
@@kevinoleary yes! Have you ever tasted the samples you were giving to customers
Passion, great ideas and a ton of discipline are the foundation to becoming a millionaire.
I was 18/19 years old when I had my first “scrape the gum off the floor experience”. I got fired that day and the manager said to me “you have the attitude of someone who wants to be the boss, there is no place for you here anymore”... I’ve been self employed ever since...
This story is so original u didn’t do that😭
What I got from this is that it wasn’t so much that he was trying to make a million but rather he didn’t want anyone else to have control over him. As he said it is the journey, the money is just a result of doing something you love.
@@brydakam1168 nah most entrepreneurs have one. I know i did
No
@@mrthatguyam First time I have seen someone here that has their political compass test results as the display picture...nice!
Wow. The content is so engaging I watched the entire 25min straight through. Excellent story-telling! Thank you Kevin
"Entrepreneurship is a passion for personal freedom" ... What an incredible story, Mr. Wonderful :)
You can tell Kevin plays it up in Shark Tank, he seems like a fantastic guy
A wonderful man
most of the other sharks hate him, but to be honest, he's just being honest.
"If you can't explain where you want to go, no one will follow you." AND "In 100% of the time, the people who got financed were able to answer every single question about their business model and their numbers, with perfection!" - These are profound keys to success. Thanks, Mr. Wonderful!
getting into Investing to create a passive income should be every wise man priority...i made my first million from having a diversified portfolio that spread across stocks, grade bonds, coins and etfs also with the help of an investment advisor handling my portfolio. smart investing is key
Truly Stocks, ETFs and Mutual funds are the best investment decision you can make both short term and long term for steady money flow. Kudos
please do you mind me getting in touch with your consultant . i'm really interested in making passive profit
@@jakehart9346 i could do that, just google her yourself, her full name is " Nancy Jane Gluck " she's quite known, you best leave a message to connect with her on her webpage.
wow.... she checks out.
I really appreciated how genuine and emotional he got rethinking that moment when he realized he was a millionaire.
Basically be practical, work to learn rather than to earn, and chase your passions until they become your living. Then you can live out your passions.
17:08
“There are the people who own the store and the people who scrape the shit off the floor.” Love the message here.
"There are also people who own the store AND scrape the shit off the floor with less money than their employees"... but let's not discuss that type of entrepreneurship lol.
"Its a passion for personal freedom"; will hold this phrase very close to me from this day onward. Thank you, Kevin.
I can feel the blood, brain racking and tears and discipline in the process already.
Exactly why I just invest, all I do is get the profit and save myself alot of emotional and financial risks.
@@bathelomewings4899 True. I am a student of Joyce Davies of Fortune Academy. But I invested with her since early this year, before the pandemic, which was a huge help to me and my family throughout the pandemic. As a student now learning to trade myself, I understand that it is not as easy as they make it look like, giving out those profits to investors.
@@jimsunny3707 You know Joyce Davies too, I invested with her back then when I was saving up for med school here in Atlanta, she was helpful. I plan on attending Fortune academy too when I am settled.
Can I get Mrs Joyce's contacts please?
@@kirasparks6379 Join the academy already, we need more female brokers like Mrs Joyce. Investing cryptocurrency with her has truly been life changing.
Underated quote: "In life there's two kind of people, there's the people that own the store, and the people that scrap the shit out the floor. And you have to decide, which one you want to be."
stupidest quote i hear
It’s interesting how he’s nearly come full circle now by returning to a film based profession with UA-cam.
Maxwell Naslund right. he was saying film is hard to get a job with while hes making videos for a living!
This is not his profession though it makes him less than $1000 a year
$1000 a month even
William Woods do you know how much 200k subs will make you?!
LaMaxwell Ball he’s probably not even making 5% of his income through UA-cam, guys loaded in every sense of the word
Good to see you keeping up with the UA-cam channel Kevin.
,
"If you can't explain where you want to go, no one will follow you." Wow. That sentence went to my core. I was just clicking on the next interesting video on the left and I'm now blown away. Thank you for this.
Wow! Thanks Kevin...I own an Embroidery business and just listening to positive information helps me keep moving forward. Owning my own business is the hardest thing I’ve ever done and I want to give up daily sometimes but I don’t because I love what I do and love working for my self. The freedom is priceless, it’s not for everyone for sure. Thanks again!
"I went to psych class... to meet some girls" hahaha love this guy
hahaha love his honesty
hope that girl wasn't a psycho xD
read between the lines, a lot of what he went through is condensed here 😉
Thank you for sharing this story. There’s a lot of paths that are tough.
and that's how he lost his hair 😂
If you can't explain where you want to go,no one will follow you"Mr Wonderful. Thanks Kevin.
I literally read this comment right when he said it 😳
Thank you for sharing your story Kevin. I'm an entrepreneur myself, living the grind and hustling every day, and sometimes when I don't see progress I feel disheartened, but like you said it's all part of the journey. It really is never about the money, it's the thrill of closing the deal, making the sale, and just the difficulty and excitement of the challenge and the personal growth that comes with it...Honestly, I would still live this life, even after I've made it. Looking forward to more of your content like this!
As a fellow entrepreneur, this is an absolutely excellent video. Great job Kevin
More videos like this, please.❤
Y'all just missed the golden nugget of this video untill now: "If you can’t explain where you want to go, no one will follow you."
That stuck out to me too. Had to pause and think that over.
“At the time psych classes cause I wanted to meet some girls” - you already gave me good advice
edit: I'm a finance major, and I was joking, I would never actually employ this strategy.
they love the smart, compassionate types or the stubborn ones to argue with
speaking as someone who got a bachelors in psych - it's a completely useless degree, if you want to meet girls, go on tinder, don't study psych unless you plan on getting a masters or phd afterwards or you will really struggle to get a job
R
Synecdoche r tryrÿr TY
Never chase a woman or a bus... Theres always another one coming in 10-15 min
"It's the journey, it's the passion." What a great story! Thanks for sharing.
Kevin is one of the rare businessman-multimillionaires to very clearly state life experience and down to earth elements to make it happen.
We need more of him talking about his life,u know just talking
It's like a grandpa for me
@TheCoffeeNut711 wym no one, maybe u don't but every other people are okay, they would like to have a job in a big business yk?
Yes we do omg hit me up with like minded youtubers
@Carter Mushrooms Just stop, like honestly. Don't envy those with more wealth than you. Instead, learn from them, learn and take action. Maybe you could one day become a multi millionaire, hell billionaire if you push yourself to the limit.
Hearing you negotiate your credits with the teachers just reminded me how smart you are. You really are may favorite shark. "The only disciplined investor in the Shark Tank"
Amazing how you listen to this and hear words like “we” or “us”…… to do what Kevin did required trust, effort and help from other people, the right people. We all need help at some point. Unity is the key to success. How you find and integrate that unity or help is what matters. This is gold. Loved every second. Thanks Kevin!
Making money is easier through investment,saving doesn’t multiply your money,don’t save,buy assets,trade,invest but make sure you run a background check up on your source before investing, Ensure You are investing through a solid foundation source to avoid blowing money away
Absolutely right,i have lost a couple bucks investing with freelance brokers on here,i’m currently trading and learning to improve my technique,i just need to research on a more reliable source to earn other than youtube
It is quite a productive move to invest because investments often leads to favorable outcomes,the only reason you should save money is to ensure you are investing it wisely
@@andreijohin8451 through my years of trading and research the most productive effort was getting in touch with trading expert Wilson and getting to earn massively through her,she offers all kind of trading assistance,contact her i trust she’ll help you earn
Ellenwilson020@gmailcom,Tele gram Ellenwilson020
This is a refreshing coincidence,i invest and earn with wilson as well,usually I don’t leave comments but i must acknowledge having a seasoned manager like wilson handling my trades is the best way to secure and multiply money
Going to college and then not doing college is entrepreneur 101
Hahaha finding a way to get paid by the college you're attending as well as getting a degree form them...pretty smart!!!
TRUEEEEEE
Turn your life into success
Uni is for like connections 80% then 20% useful learning
169th like
Kevin got choked up when he said "I'm rich".....Money has a very sentimental value Kevin, sort of like family album for other people.
Definitely an inspiration. Been watching Shark Tank for over 10 years and love almost every episode. Mr. Wonderful is definitely a top shark and I hope to follow in his footsteps and develop a 1/10 of his business acumen.
I get to realize hard work pays a lot with better experience in anything you do , i think this is the age and time everyone needs to wake up and protect the future, everyone reading this i pray we all be successful in life
you are right about that, putting hard work to what you do produce good result
@@hansonw5409 Please friend do you have ideas about the stock market and how to invest on it?
@@judasmathew5924 I do have experience about it cos i'm already a trader so i will say stock is great
Talking about the stock market with the help of Mr Carlton Jefferson i now count myself a successful trader , his trading skills is best anyone should go with at this time
I will say Carlton is truly a destiny helper and a life changer , thank you sir for all you have done for me
Kevin, after watching you speak in this video I have a new found respect for you. Thank you for being so humble and sharing this :) it made my morning,
Cheers!
Kevin O'Leary: I wanna be a filmmaker
Dad O'Leary: Go to college for business
Kevin O'Leary: Convinces Dean to give him credits for business school by making a film (and gets paid for it)
For real when tf does that happen? My school barely gave out work-study
@@hispanica316 Sounds like you've been looking for a pre-established route. The opportunity was available to him because he created it
@@hispanica316 bro just go and stream your school life on twitch now lmao. This is a new path btw lol
@@hispanica316 Different times mate although you should network get to know lots of higher ups never know what gonna happen.
Why u have craby channel
My wife and I, beyond the "hard work, being frugal, being disciplined", struggled and built a business and sold it and now we're both millionaires (plus some), I have watched Shark Tank during that entire journey with my wife and I understand it's entertainment, but it does also have some potent reminders of the facts of life and business so it also helped. Love your videos, my wife and I were born living in trailer parks (and nothing wrong with that, it's not where you are, it's where you are headed) and we're focusing on what our next adventures will be (working on ensuring we have multiple income streams, doing well on that now). Cheers.
I’m so thankful he made a channel finally! He’s got such a great mindset yet isn’t pompous at all about it but rather very realistic in his views and priorities. Smart man is a very big understatement for this fella, cheers to you Kevin!
So basically, Mr. Wonderful started Vlogging in the 80s!
My thoughts exactly....
spoiler alert!
Anjan Ravisrinivasan Yea if you were born in 2010 thats what youd call it
I know. what a hipster!
So far ahead of his time. #Legend
18:07 • "Do not go after entrepreneurship out of the greed of money. You will never find it. It's a passion, for personal freedom.
And the only way you're going to make your first million dollars, is you have to solve a problem for somebody. And if you solve that problem for one person, and is a similar problem that millions of other people have… that's the core of what a business is." - Kevin O'Leary
worth repeating over and over.
It's a passion. If one is looking for personal freedom as a priority through entrepreneurship... I'd really question their sanity. Then again, that depends on how freedom is defined.
As someone who makes videos for a living this had me in awe from start to finish. Entrepreneurs definitely have a different mentality. I've been trying to make money since I was a kid. I wrote my own children's book when I was in first grade, printed copies and tried to sell them and always tried coming up with different inventions knowing that's the way to make it big. Had some ideas I probably should've executed, but i'll get there.
I know Kevin himself won't see this, but I have to say that Darkglass bass rig behind him in the living room is an awesome choice! Also this video is very inspiring, great to hear how passionate he was about not only the work he was doing but also the desire to be independent and self sufficient.
i love this guy ,so interesting and really calm about the art of deal making.
Experience and Success
Not so calm when it comes to shark tank lool
Love when Kevin shows emotion, he's a sweet guy really. Big softie with a big heart, he's firm but he's fair and you can melt him with your story... love a bit of mr wonderful 👏
Great story! I always enjoy hearing about people’s success stories from their hard work. I know the Mr. Wonderfull name is because of your candid bluntness on Shark Tank. But i think it fits more because you’re a wonderful human being. You deserve the success you’ve earned.
That was actually inspiring. Lot of stuff I'm learning on UA-cam these days I wish they taught back in HS
*THIS* is one of the biggest benefits of the internet.... when you can sit and listen to the masters of their craft share their experiences and the things they've learned where just a generation ago you'd have to read about the second hand retelling of such conversations in a book. This was priceless... and so motivating. Thanks Kevin, this was one of the most interesting things I've seen on UA-cam ever. 👍
Tell your friends! Thanks for the feedback.
That glare in his eyes when he talks about his first million is of a man that truly loves what he does. Hope one day we can all share that glare, when we talk about our professional lives!
Mr O'Leary - I want to thank you. Your help and advice has actually change my life. Thank you again for being who you are.
One of the best videos on UA-cam. He actually told the 3 things at the end and explained how he made his money.
14:05 - 14:20 Your response was priceless. I like how you sum it all up in the end. Very inspiring and insightful. Thank you for sharing this.
I never knew Kevin O'Leary started his career, by pursuing his passion for arts. This was an eye-opener for me. Thank you Mr. O'Leary!
I thoroughly enjoyed this segment and perspective on the origins of Mr. Wonderful. As a recent EMBA grad, knowledgable (but never gum scrapping) employee, and budding veteran entrepreneur. As a shark tank fan, this video provides a different light and shines a deep dive into your identity that swims in the tank each week; This sitdown was a refreshing look back on past experiences that helped shape your core principles & business perspective. Well done. And a great question from Yasmina. And another quality film from the one and only, Kevin O'Leary!
"Shit! I'm fucking rich"
That was an amazing line lol
The gum story is so good
Sounds like he had major financial support and guidance from his father. Opening doors, paying for things, teaching him.
Best line ever: "In life there are two types of people. There's the people who own the store, and there's the people who scrape the shit off the floor."
im the "scrape the shit off the floor" kinda guy
There are advantages to being the guy who scrapes the shit off the floor such as a steady paycheck, get to go home at five and paid vacations. Downside is you will never be rich, can be fired at any time and sometimes bored as hell. There is no right choice.
Awesome to get such a detailed story of the beginnings of a genuine mogul: engrossing and inspiring.
Thank you for sharing. This had genuinely added value to me. Similarly, I’m very interested in business, just finishing a Media & Environmental Communication degree and looking to start my own UA-cam channel and Video Production company... nice to hear a few similarities in your starts.
I suspect most people make their “first million” without even realizing it. At least speaking for people I know (and myself)...you just go to work, eliminate debt, invest wisely and one day as you are balancing the check book you realize, “holy cow, I’m a millionaire.” Read “The Millionaire Next Door”...the overwhelming majority of millionaires are just people with good careers who spend wisely. It takes time.
BTW, Kevin, fantastic Lange Zeitwerk, love it. Zeitwerk Date is on my grail list.
wow, you are millionaire? I would love to be one, drive lambo, high life, b*tches every day. Dang, son. Shit, this must be incredible.
@@stefanegger i don't think you understand what a millionaire really is.
This approach to first million is through budgeting and investing. Kevin's approach here is through starting a business, which is a different approach. A burger flipper can make it through the former approach, but the burger store owner can make it through the latter.
Stefan Egger that’s a WSB millionaire
I disagree, when the cash starts coming in, you’ll realize what you’re doing is very efficient and you’ll continue doing it because it brings in cash. People realize as soon as it’s consistently bringing in money. You don’t exactly need a good career to earn money, you just need a good business idea with good cash to invest.
14:22 Damn... That emotion. Totally real. Brilliant. So much respect for this dude.
He got a little choked up there in the middle talking about taking SoftKey Public. Great story, so inspiring. I am 15 years in film now, and this makes me love Kevin.
Wow, what an inspiring story! Thanks to the woman who asked you Mr Kevin to share how you made your first Million Dollars!
You are a great story teller too Mr Kevin,
Thank you so much!
How Jeff Bezos made his last million...
He blinked.
Making that film for your college was absolutely GENIUS! I could listen to Mr. Wonderful's stories for years!
I love, love, love this message. I love that you started in film making, like I did. My goal was never really to "be rich." I got into film making for the love of the work, and it was a way to gain FREEDOM! I wanted to be the owner of my own time. I make a comfortable living doing great work, and I achieved that freedom I so wanted. Great hearing your words of wisdom.
Hahah oh man he's such a good story teller! I would buy an audio book just to listen how he would tell his stories and experiences.
Thank you so much for the videos mr. wonderful! You’re so inspiring!
I'm a fan of Kevin. Watching him get choked up talking about the journey really touched me. I feel like I have that same passion! Thanks for sharing.
Being of age and how to manage the sequence of returns in those early periods is what seems quite scary in the current market. The market is never a loser in the twenty year cycle, but the 2000s decade scenario scares me and could really disrupt my retirement. When you're no longer accumulating but withdrawing, it's hard to be anything but cautious.
For now, investors getting started can feel overwhelming. Risk loom large and complicated, unfamiliar financial jargons can be intimidating.
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