In only six seasons, “Shark Tank” has become a phenomenon, launching hugely successful businesses and turning some of the world’s sharpest entrepreneurs, the “Sharks,” into household names. One such Shark is Kevin O’Leary, otherwise known as “Mr. Wonderful.”
Now, heading into the 100th episode, which airs Friday Nov. 14 at 9 p.m. ET on CTV Two, O’Leary says “Shark Tank” is better than ever.
“It’s the number one family show in North America now and it’s launching dozens of businesses.”
Not only does “Shark Tank” launch businesses, O’Leary says it serves as one “Giant infomercial” that if used correctly can skyrocket success.
“When they get on ‘Shark Tank,’ they get a massive lift in sales because millions of people learn about them.”
And the Sharks spare no expense when it comes to investing in companies they believe in.
“We’ve put about 45 million [dollars] to work there. It’s a remarkable platform,” says O’Leary.
After hearing countless sales pitches and making huge investments, O’Leary says he was most surprised by the success of the mother-daughter team responsible for Wicked Good Cupcakes. The cupcake manufacturer that ships their product in mason jars has gone from $15,000 to $400,000 dollars in sales per month since appearing on “Shark Tank.”
“The daughter’s 27, just got married, and she’s a millionaire. That’s ‘Shark Tank,’ that happens,” says O’Leary.
Unfortunately, not all businesses that come to “Shark Tank” are quite as enticing as Wicked Good Cupcakes, and O’Leary is never one to shy away from making it known.
Read the full interview on CTV.com.