Friday, 27 December 2013

Shark Tank Bio: Kevin O'leary

By Hedrick Lepsch


Shark Tank, the award-winning reality television series on ABC, gives small start-up business owners the opportunity to pitch their ideas and business plans to six industry moguls. Each of these moguls has made their millions and billions of dollars by building their own business empires through cutthroat deals and sometimes hostile takeovers.

The 'sharks' are Mark Cuban, Barbara Corcoran, Lori Greiner, Daymond John, Robert Herjavec, and Kevin O'Leary. Each of them are leaders and recognized experts in their industries. Kevin O'Leary made his millions in educational software and works around the world to promote and invest in eco-friendly businesses.

From here he decided to establish The Herjavec Group, starting with only three employees. However, since then it has grown quite a bit, with at least $500 million dollars in sales at least over the past 10 years. As the founder and CEO of this award winning business, this great success has led him to where he is today.

O'Leary's first foray into business began in the television industry. He and a couple friends created Special Event Television. The company enjoyed moderate success in producing small shows, commercials and airing local pro hockey games. He left the company when he was bought out by a partner for $25,000. From there O'Leary shifted to software, using $10,000 of investment capital from his mother, to start SoftKey, a software publishing company. At the beginning they produced products for use in the home and by 1994 they had grown to be a leader in the educational software market. The company acquired over sixty of their rivals and in 1995 they bought The Learning Company, moved their headquarters to Boston and adopted the acquired company's name as their own.

When you are in class, you can receive information in real time. This also means that you are able to ask in real time. You will find that you are able to better understand your teacher and where he wants to take you with your learning. Many have found that teachers are much more lenient and work with you a lot better when you are doing in-class studies as well. You may find that you are just wasting time as you sit there listening to one lecture after another. A major disadvantage is when you realize that you have to be in class and do homework. This means that you may end up spending twice as much time as someone who does an online class in their own time.

Robert Herjavec may not have gotten his degree in Business Administration or Accounting, but he has put his entrepreneurial skills to use and now helps others to do the same. He even gives tips and hints to success in his book "Driven: How to Succeed in Business and Life" that stayed on the bestsellers list for eight months. Now if you want to learn how to follow his example you can tune in to "Shark Tank" or read his new book, "The Will to Win: Leading, Competing, Succeeding."




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