yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

DON'T BE A GREEDY PIG!! Shark Tank Behind the Scenes | Kevin O'Leary


3m read
·Nov 7, 2024

Oh, I just love the smell of a good royalty deal in the morning.

[Off-Camera] Good morning Clay. Good morning Kevin.

[Off-Camera] Hey, morning Ken.

This is it. The Shark Tank set, right here. These tables, these chairs. Right here baby. This is where it happens. You come down that corridor. It's got to take a lot of guts to walk through that thing, when the doors are closed knowing what's on the other side. The doors are closed, they're freaking out for sure. They don't know what's on the other side because they've always been practicing without the Sharks there.

Then they make the walk. The doors open up. Then it gets really tough. I mean, I've been watching it for ten years, but I know it's hard. But, you know what's gonna happen in about 20 minutes, it will start all over again. I love this show, it's so much fun to make. Because every deal is different and after all you only need one good idea. It changes your life forever.

Okay, I'm at 23rd. Yeah, what about it? Yeah, that's when I- What date is this?

[Off-Camera] So, where's the white space in your portfolio right now? What kind of deal haven't you done that you kind of want to do? Like, you know, you've got a-

[Kevin] Music, I want to do music. It's all the producers. We don't do enough music stuff. We do everything else. It's hard to find a deal in music that, you know, isn't already owned by the behemoths. But, you know, we've had bands and stuff like that, but we don't- Finding them a music deal would be very cool. That would definitely be an interesting area.

I'm also interested in doing more with gourmet foods. Because I've got- you know, Chef Wonderful now is a pretty big franchise on QVC. We've been selling out everything to bring there. I've brought cakes, gourmet beef- doing chocolates and so if I see more gourmet items that would fit in my Chef Wonderful portfolio, I'm gonna go for that stuff too.

[Off-Camera] From just my own personal memory, it seems like Daymond and Barbra do the majority of the food deals. I know Barbra did that-

[Kevin] That's all, that's all about to change. Now it's Chef Wonderful, full steam ahead. I'm gonna crush them with the cockroaches they are. Where we've realized we don't have the same amount of value it's on business-to-business stuff. Because- Why would you give up, you think of a syndication, you're getting 10 million eyeballs a week. You want a product that everybody wants to buy.

That's what works. When you get sophisticated technology that only a business buys, it's a limited opportunity. And over time, you see mostly investors don't do those deals because they don't add a lot of value. Where I add value is a product that needs to get on to the open market.

See, I'm going with all the healthy options, salad, asparagus, and tomato mozzarella. Very clean living here.

Who gives a flying ****?

[Off-Camera] What's is it like to be in the tank with Kevin?

[Rohan] In the tank, do you mean Mr. Wonderful?

[Off-Camera] Mr. Wonderful.

[Rohan] First of all, he doesn't like going by Kevin, you need to address him. But it's virtually impossible to be in the tank without- wine, chateaubriand, and death coming up with Kevin.

[Off-Camera] How's his French?

[Rohan] His French is terrible. He just takes the word Chateaubriand and says Cha-toe-breon and that's his French. He's pretending to be a Quebecois because he would like those votes, but let's be honest.

[Kevin] All together, the caramelizing with crepe flambe at the end creates this masterpiece.

[Off-Camera] Any words of advice for fellow entrepreneurs?

[Rohan] I think if you're coming to the Tank, be confident, be passionate and please, please, please have a real plan. Or otherwise you'll get eaten up by the Sharks.

[Kevin] Don't be a greedy pig!

More Articles

View All
Another Major Market Bubble Just Burst.
Does it do anything? It tells the time. Is the fall of luxury goods finally upon us? At the start of the year, everything seemed promising. A report from Bain & Company estimated the luxury market to reach 1.5 trillion EUR, or $1.63 trillion, globall…
URGENT: Federal Reserve ENDS Rate Hikes, Prices Fall, Massive Pivot Ahead!
What’s up, Graham! It’s guys here, and you absolutely have to pay attention to what just happened. As of a few hours ago, the Federal Reserve has once again decided to pause their rate hikes for the rest of 2023. Except this time, with a bit of a twist. T…
Grand Opening Of My First Restaurant Ever l Blue Bovine
Hey everybody! Very, very, very special night tonight. Yes, Chef! Wonderful here right outside of my first restaurant ever, Blue Bovine. Very unique location attached to the Sculpture Center where the Maple Leafs play hockey. Now, what that means is traff…
How To Build Discipline
Self-discipline is your ability to do the uncomfortable but important things when nobody’s forcing you to do it. The last part, that no one forcing you, is the thing that people struggle with the most. When you were a kid, your parents told you what to do…
Mariya Nurislamova, Founder of Scentbird at the Female Founders Conference
Really bright and sunny today. I can’t unsee the slides, but I guess that’s okay. Hi everyone, my name is Maria. For the past four and a half years, I’ve been building a company called Sunbird. Sunbird is a fragrance subscription service, and we help peop…
Capturing Climate Change Through the Lives of the Inuit | Exposure
The challenge with climate change is how do you photograph climate change? How do you illustrate that? So I decided to tell a story of climate change through a personal [Music] view. My work in Greenland is a chapter of my long-term body of work on clima…