The celebrity investors who star in ABC's "Shark Tank" are worth taking advice from, if not for anything else than for the simple fact that they've attained great wealth. That much is a given. One might find, however, that they are even more worthy of being listened to after considering their respective stories.
Barbara Corcoran grew up in a two-bedroom home with her 12 siblings in Edgewater, New Jersey. Robert Herjavac came to Canada when he was 8 years old, as his family escaped then-communist Yugoslavia with one suitcase after his father spoke against the government. Daymond John was only able to keep FUBU afloat after his mother took out a second mortgage on their home.
The Sharks' success stories aren't just a matter of inheriting capital from wealthy parents and making things work. The celebrity investors are actually well-versed in moving upwards, starting from the ground up and fulfilling their own potential.
Naturally, they all have words of wisdom to share, insight that has been gained as they climbed to the type. In this list, we compile the best pieces of advice that each Shark has to offer to Millennials:
Kevin O'Leary: "Find Out What You Suck At"
There's no sense in working yourself into the ground doing something you are absolutely terrible at, according to Mr. Wonderful, Kevin O'Leary. It's a total waste of time.
He goes on to say that if you're not good at a task that's essential to your success, "you better" find someone who can do it.
Daymond John: "You've Found Your Path When It Feels Like True Love"
Daymond John did things the unorthodox way, and at one point, he had to pay the price of doing so. Sure, he's filthy rich now, but things weren't looking so promising at one point. "I was serving all my high school friends shrimp in Red Lobster when they were coming back from college, so it was embarrassing."
In a memorable, exclusive interview with Elite Daily, however, John says that his life turned around when he fell in love with Fubu.
Barbara Corcoran (The Corcoran Group): "Bad Grades Don't Spell Failure"
John Paul Dejoria: "Take Rejection"
The man behind the Patrón Tequila brand may be worth billions now, but says he's no stranger to rejections. And if a person doesn't have tough enough skin to withstand that rejection, then that's a problem.
Robert Herjavec: "Money Can't Be The Only Motivation"
Lori Greiner: "Don't By Your Own Hype"
Dubbed the "Queen of QVC," Home Shopping Network's main competitor, Greiner has made a living off creating such "wow" products that people wonder how they ever lived without them.
Most of those products, she says, were created when she thought of things that would make her life more convenient. She also acknowledges, though, that the fact that an idea may sound good to herself and those close to her is not enough to pursue it. Homework needs to be done first.
Mark Cuban: "Freedom Is Priceless"
The billionaire Dallas Mavericks owner is a big proponent of not starting a business using loans. It's one of his core principles of starting a business. So it's natural that when Yahoo! Finance compiled a list of the best financial advice ever given, his contribution was straightforward:
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