‘Shark Tank’ Star Kevin O’Leary: Women-Led Companies Are More Successful
At the point when Kevin O’Leary picks organizations to put resources into on Shark Tank, he essentially takes after the information. It’s a methodology that has driven him to lean toward female driven organizations.
“It’s not because I’m sexist,” O’Leary said at the Inc. Ladies’ Summit in New York City on Monday. “But because I’m getting better returns.”
O’Leary has put resources into more than 40 organizations crosswise over Shark Tank’s nine seasons. His organization, O’Shares Investment, found that around 95 percent of the female driven organizations met their monetary targets, contrasted and only 65 percent for organizations with male pioneers.
“That’s because men were setting targets that were not achievable. Maybe that’s the aggressive nature of how they work,” O’Leary said. “Women don’t waste time.”
O’Leary was joined in front of an audience by Donna Khalife, co-captain and COO of Surprise Rides; Sara Margulis, prime supporter and CEO of Honeyfund.com; and Tracey Noonan, fellow benefactor and CEO of Wicked Good Cupcakes. Every business visionary scored an arrangement with O’Leary on Shark Tank, and the three organizations are among his best speculations from the show.
The gathering talked about a portion of the keys to great business, such as having the capacity to flame companions or relatives who work for you. Each of the three business people work with relatives, including their spouses, and discussed the significance of acknowledging when something isn’t working. They likewise talked about the significance of defining sensible yet elevated objectives.
“Setting achievable goals and dreaming big are not mutually exclusive. They can work together,” Khalife said at the event. “You have to dream big to even have a chance to land somewhere that you’re proud of.”
Chief Development Officer
JB Fitzgerald Venture Capital