Lessons From A 'Shark': Why The Ticket To Being Rich Lies In Communicating Your Ideas


Ironically nicknamed Mr. Wonderful, Kevin O'Leary is generally known as the harshest critic on ABC's hit show, "Shark Tank."

He's quick to the point, wastes no time in sparing the feelings of contestants and even coined the phrase, "You're dead to me," presumably to ensure that he's had the last, stinging word when an entrepreneur turns down one of his offers.

It's unsurprising, then, to see that he is just as direct and blunt off the set of reality TV as he is on it, particularly when he has the chance to offer advice to Millennials that have dreams of achieving the same wealth he has.

While his obsessive desire to acquire more riches and how to go about it are far too cynical for this writer's taste, his views on public speaking are dead on.

O'Leary's comments were made during a seminar he provided for business students in 2012. During the speaking session, which he posted on his personal YouTube channel with the title "What It Takes To Get Rich," the Shark shared his ideas on the keys to succeeding in business.

Amongst those ideas, he also highlighted the ability to hire talent that compensates for personal failures. None of his points, however, were stressed more than the ability not only to project ideas, but to project them in ways that the audience can easily comprehend.

Many might have good ideas and good potential within themselves, but those virtues are rendered worthless if not paired with the ability to help others see it.

So important is communication that O'Leary, who sold The Learning Company to Mattel for $3.5 billion in 1999, says it is the first thing investors look for in entrepreneurs.

And while "communication" is the word that the celebrity investor focused on during his speech, much of what O'Leary spoke about comes down to confidence. It's that sense of self-belief that can make people sound right when they're not, which is exactly what O'Leary says is crucial to success.

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