Entrepreneur and TV personality Kevin O’Leary riffs about his passion for collecting guitars.READ MORE
The Hair: “I considered shaving it all off, but I’m happy with the style I have now I’ve gone to the same guy for ages – Dave at Truefitt & Hill in Scotia Plaza. It’s an old style place where you can get a close shave and your nails done. My wife’s jealous that mine look better than hers.”READ MORE
In 2007, business television personality Kevin O’Leary went shopping for a fund management firm he could call his own; one that matched his value-yield style of investing. He soon clicked with Stanton Asset Management chief and Wall Street veteran Connor O’Brien, and the pair launched O’Leary Funds, which has seen its assets under management grow from $400-million in year one to $1.2-billion today. Mr. O’Brien recently spoke with Dan Ovsey about the genesis of O’Leary Funds, working with a celebrity and the strategy behind the success of the relatively new partnership. Following is an edited transcript of their conversation.READ MORE
As singing competitions shed viewers, a new breed of reality show is striking it rich.
“Coming out of the recession, people like to see other people beating the system and living the American dream,” says Brent Montgomery, producer of “Pawn Stars” and ABC’s new sports memorabilia series “Ball Boys.”
No business-themed program is hotter right now than ABC’s “Shark Tank.”READ MORE
For eight hours last summer, Dallas Robinson and Mike Buonomo stood in line to audition for the hit ABC reality TV show Shark Tank. The producers loved their concise and clever pitch, and a couple months later, the 24-year-old Salt Lake City residents are on the set in Culver City, Calif., getting ready to pitch their catchy startup Kisstixx to five astute and very rich investors, otherwise known as “the sharks.”READ MORE
The reality TV audience, it seems, can be quite forgiving.
Consider CBC TV’s Redemption Inc. This week, a Prince George, B.C., woman emerged victorious on the series which saw 10 former convicts compete for a hefty investment to help them get a business idea off the ground. Alia Pierini, who was convicted in 2006 of extortion and aggravated assault, walked off into the sunset (yes, literally) with $100,000 to inject into Relia-Gal, her landscaping and snow removal business.READ MORE
Alia Pierini took home the top prize of $100,000 on Redemption Inc. with Kevin O’Leary, CBC’s show that’s all about giving ex-convicts second chances.
The show began with 10 contestants, all of whom had serious run-ins with the criminal justice system. Each week, they were given a task and someone would go home, though with an exit package to help them move forward.READ MORE
Jamba Juice Company (NASDAQ: JMBA) announced today the acquisition of Talbott Teas™, a Chicago-based boutique, premium tea company, recently profiled on ABC-TV’s “Shark Tank”.
While on the show, the founders of Talbott Teas received an offer from venture capitalist Kevin O’Leary, who subsequent to the show worked with fellow Sharks Daymond John and Barbara Corcoran to seal a bigger deal with the iconic leading national smoothie and specialty healthy lifestyle brand, Jamba Juice.READ MORE
Kevin O’Leary is the Simon Cowell of “Shark Tank” and he’s totally unapologetic about it. When the entrepreneur thinks your idea is stupid, he tells you — in no uncertain terms.
“If they’ve wasted their entire family’s net worth on an idea that’s never been tested by the market, tell them the truth,” O’Leary says.
“So what if they cry? It’s very important that they stop doing it. I’m not trying to make friends, I’m trying to make money.READ MORE
Some irate callers to the show, Kevin O’Leary reports, were up in arms at the idea of tapping into the entrepreneurial talents of the former drug dealers, bank robbers, fraudsters and other ex-convicts who compete in the eight-part series to prove their skills in running a legitimate business.
But Mr O’Leary – who presents Redemption Inc. and has invested in the show – sees the venture as a combination of good business, good entertainment and good philanthropy.READ MORE