Schmoozing with the Meanest Shark in the Tank, part 2

By Rosanne G. Dunkelberger

Kevin O’Leary — aka “Mr. Wonderful” — is the sixth dynamic speaker in the Power Forward series, sponsored by First Commerce Credit Union. He has gained fame as a co-host for 10 years on the business reality show “Shark Tank.” He is also an exceedingly successful entrepreneur who carries some of his financial savvy into the world of personal finance and relationships in his three “Cold Hard Facts” books, as well as a new podcast, “Ask Mr. Wonderful.”

Before his talk, which will focus on inner workings of the “Shark Tank” show, tips on how to become an effective entrepreneur and his “Golden Rules of Investing,”

Kevin shared some of his personal insights on success in life, business and entrepreneurship. Be sure to check out Part One of this conversation.

Should everybody have an entrepreneurial mindset and promote themselves?

Of course! I call that confidence. That’s the whole idea. I don’t care if you’re an employee or you’re an entrepreneur, there are things you can do that make you more effective in your life. And if you’re effective, you’re going to be more productive, you’re going to be happier, you’re going to live a better life. Success in life is defined by being happy when you wake up in the morning and enjoying what you do. And there’s a secret to that. There’s a way to do it. I don’t care what your profession is. You want to get up in the morning and say, “I can’t wait to dig in to what I have to do today.”  That is the essence of what life is about.

In your book about family and relationships, you encourage young people to do “due diligence” when they’re dating someone. That doesn’t sound very romantic.

Let me tell you why it can be romantic. Let’s say you’re dating and you’ve found a significant other you like and you go out on your first date and you’re interested. You go out on your second date and then you want to go out on a third. By the time you’re going out on a third date, there’s something brewing there; there’s a reason you would want to spend your time with that person. That’s the time to start exploring. I say it’s a sign of great respect to ask your significant other about money because it shows how very interested you are in a future together. There’s nothing more romantic than that.

Continue reading part 3