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Kevin O'Leary's Most Controversial Money Advice To Help You Build Wealth
Kevin O'Leary's Most Controversial Money Advice To Help You Build Wealth

Yahoo

time5 hours ago

  • Business
  • Yahoo

Kevin O'Leary's Most Controversial Money Advice To Help You Build Wealth

Shark Tank star and money expert Kevin O'Leary is famous for his honesty, his smart business decisions and, of course, his high net worth, which is currently estimated to be around $400 million. To be blunt, he is someone who knows much more than a thing or two about getting — and staying — rich. For You: Read Next: So, when someone like O'Leary advises you about finances, it's worth your time to listen. As such, here are two pieces of money advice from O'Leary that, while potentially controversial to some, could help you if you're looking to build wealth. Pay Off Your Credit Card Balance in Full Each Month O'Leary is a strong advocate of always paying off your credit card balance in full each month. He has asserted that letting interest accrue over time is essentially throwing your money away (which is true). Not only can paying off your credit card bill each month help you stop getting dinged with high interest, but it is also the fastest way to boost your credit score. However, transferring your balance to a credit card with a 0% introductory interest rate allows you to defer interest payments and gives you more time to pay off that balance without worrying about going into debt. This can be a smart move if you know you'll have the money to pay your balance off soon, but you just need a little more time. Check Out: Don't Combine Finances with Your Spouse You might feel compelled to combine all your finances once you get hitched. It's easy for your emotions to take over, but be careful before you make this decision. O'Leary explained that maintaining separate bank accounts, investment accounts and credit cards is crucial even if you're married. In the event of a breakup or a divorce, untangling your finances can be a huge mess and may leave you high and dry. However, if combining your finances increases your collective financial standing or results in financial benefits such as easier money management and total visibility, only then might it be worth considering. Final Take To GO: Kevin O'Leary Knows How To Make Money The bottom line is building a fortune like Kevin O'Leary's takes more than a few bold financial moves. His wealth stems from various entrepreneurial ventures, most notably co-founding SoftKey Software Products, which evolved into The Learning Company and was later sold to Mattel for $4.2 billion. But before the billion-dollar deals, O'Leary practiced disciplined money habits like paying off credit card balances in full and on time and setting clear financial boundaries. These foundational habits laid the groundwork for his long-term financial independence. Caitlyn Moorhead contributed to the reporting for this article. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 10 Used Cars That Will Last Longer Than an Average New Vehicle 8 Common Mistakes Retirees Make With Their Social Security Checks This article originally appeared on Kevin O'Leary's Most Controversial Money Advice To Help You Build Wealth Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

29 Products Your Car Deserves This Summer
29 Products Your Car Deserves This Summer

Buzz Feed

time10 hours ago

  • Automotive
  • Buzz Feed

29 Products Your Car Deserves This Summer

A plant-shaped car air freshener because your ride deserves to smell good and look adorable while doing it. These handmade cuties come with headache-free fragrance oils — just add a few drops to the cork "pot," depending on how little or how much you want to be blasted with your chosen scent. After giving the cork a moment to absorb the oils, you can just turn on your heat/AC, and voila! A change holder if you're tired of your change rolling around in your car like a rogue maraca. This compact coin holder keeps all your change in order with perfectly-sized slots for every US coin. And bonus: There's a flip-top lid to hide the change while still keeping everything within reach. Finally, no more frantic coin digs at parking meters or drive-thrus — your change will be ready and available exactly where you need it. A dip clip because every great road trip involves either fries, nuggets, or some other dippable item that you don't want to risk crashing over to enjoy. This clever clip holds most fast food sauces — *but* even if your fave sauce doesn't fit, it also comes with an easily washable ramekin that you can simply pour it into. Just attach it to your vent and dunk away! A car seat gap filler for anyone sick of losing those precious fries (or, real talk, your phone) to the underbelly of your car. This clever gap filler (that was featured on Shark Tank!) fits snugly next to your seat and stops snacks, coins, and other valuables from vanishing mid-road trip. It's a one-time install that stays put, fits most cars, and will keep you calm and collected on your next drive. Dropping your keys into the abyss between your seat and your console — not this summer, OK bestie?! A genius full-coverage seat cover constructed from a 100% cotton towel, perfect for shielding your precious leather seats from a day of sweat, saltwater, and snack crumbs. If you're tired of getting bum burn from your hot seats after a long beach day, this will protect your tush as you immediately jet home to use your *own* shower. Or a car seat protector for your ~lovingly chaotic~ little ones in the back. This padded, waterproof protector will keep your interior safe from the inevitable scratches, spills, and snack disasters that come with road trips (or even just the 10-minute drive to summer camp). If you're terrified of the idea of having to look at a booster seat dent in your backseat for the rest of your car's life, this ultra-durable protector will allow you to rest easy. Or if your kiddo is more on the furry side, a pet-friendly seat cover that'll keep their hair, scratches, and slobber from taking over the backseat. This comfy cover works as a hammock, seat protector, or trunk liner, and it's built with waterproof layers to keep your seats safe from mid-drive accidents and zippered flaps to make getting in and out a breeze. Maybe, juuuuuust maybe, your dog might finally have some chill back there. A portable air compressor so you don't have to spend 20+ minutes on your road trip looking for a gas station air pump that *isn't* broken. Its compact size and lightweight design mean it can fit nimbly in your glove compartment, and the digital screen = no confusion about how much air you're adding to your tires. ~Bonus~: You can preset the tire pressure, and it will auto shut off once it reaches your desired pressure. A trunk organizer for anyone whose trunk looks like that one junk drawer you have in the kitchen. This heavy-duty, waterproof organizer uses backpack-level stitching and a grippy backing to stay put, even on winding road trips — and thanks to its eight roomy pockets, you'll actually find your sunscreen and jumper cables when you need them. From kids' gear to road trip snacks to "just in case" clutter, this trunk organizer has a pocket for literally everything. A car fridge to keep your sandwiches and snacks from getting soggy in a cooler with ice. This portable electric option can be powered by a number of different sources (your car, an external battery, or an outlet) and fits right in your backseat, with a high-efficiency compressor that can rapidly cool it down in just minutes. You can use your phone to control the settings, *and* there's a lock screen function to make sure the kiddos don't accidentally mess with the temperature in the backseat. A crochet hanging plant because if you're gonna be stuck in the car for several hours, it might as well be a vibe, too. This handmade crochet plant gently sways from your rearview mirror, adding a touch of nature-inspired calm without blocking your view — perfect for relaxing your nerves during traffic jams or long drives. A backseat car organizer because your car called and said it's exhausted from the muddy kick prints, spilled snacks, and kids' toys rolling around. This ultra-durable backseat organizer comes with nine roomy pockets and a touch-friendly tablet holder to keep backseat boredom (and clutter) at bay. It truly has space for anything and everything you can think of — bottles, wipes, books, you name it! A magnetic stretch-to-fit sun shade to keep your backseat passengers calm, cool, and collected. This well-constructed mesh shade fits most car windows and protects against UV rays without totally blocking your view. Also, you can roll the window down without removing it, so your backseat buddies can enjoy all the breeze without any of the burn. A car fan that's perfect for anyone in the backseat who overheats easily or just can't wait for the AC to reach them. This plug-in clip fan provides strong, targeted airflow with customizable speed, all while staying super quiet and finger-safe for little ones. And did I mention that it rotates 360 degrees to reach every sweaty corner? It's just what you need to keep your car from turning into a mobile oven. A portable handheld vacuum to get all that sand out of the car after your day of fun at the beach. This lightweight plug-and-play vacuum has a powerful motor, a washable HEPA filter, and all the attachments you need to clean every last crevice — including a 16-foot cord to reach the trunk and a full detailing kit. Drive-thru crumbs from three weeks ago don't stand a chance. And a mini pet-hair detailer for anyone whose floor mats are matted in dog fur. With its rubber blade, this pocket-size pet-hair tool can scrape up hair that even your vacuum has given up on — especially from seats, carpets, and cargo areas. It's like a magic wand for anyone who travels with their fuzzy bestie. Some lavender-scented detailing putty that'll be your secret weapon against crumbs, dust, and dirt in your car's cupholders. This gooey little miracle goes where your vacuum can't and leaves zero residue. Just press, peel, and boom — clean door handles, vents, and dashboards. Car cleaning just got a lot more satisfying. A leather cleaner and conditioner kit to help bring life back to your seats. This kit first lifts dirt, grime, oil, and stains, and then conditions with vitamin E to keep things soft, supple, and fresh-smelling, with zero greasy residue. It's basically a time machine in a bottle. A 2-in-1 touchscreen cleaner kit for anyone who is OVER seeing all of the fingerprints on their car's touchscreen. This tiny-but-mighty cleaner + microfiber combo sprays a gentle (alcohol-free!) mist and is perfect for wiping down dusty mirrors, that weird sticky patch you can't figure out on your phone's screen, or toddler fingerprints. A waterproof trash can — if you're tired of finding trash in the weirdest crevices of your car, this trash bin will be your new car BFF. With a leakproof liner, side clasps for disposable bags, and pockets for wipes or toys, this will definitely keep your car from feeling (and smelling) like a garbage truck. It can even double as a cooler or mini lunch bag! A waterless wash and wax spray that's like the ultimate facial for your car. This spray cleans and waxes your car in one step — no hose, no buckets, just a soft towel and some solid elbow grease. Because, real talk, there's nothing worse than coming back to your car from a bathroom break to find *interesting* messages written in the dust on your car. An emergency kit that can help keep you from being that car on the side of the road. This stylish, fully stocked emergency kit has everything — jumper cables, a first aid kit, a flashlight, an ice scraper, even a bungee cord — so you're prepped for every possible nightmare scenario, and it's all packed in a durable, water-resistant bag. This is truly the kit that keeps on giving. A fun iridescent windshield cover for anyone who's tired of feeling like they just stepped into an oven instead of their car, but still wants to keep it cute. This dual-layer, foldable sunshade not only reflects heat and blocks UV rays from damaging your seats or your dash, but it'll also get you on the road faster because you won't have to spend five minutes waiting for your steering wheel to cool down. Or, a heat-resistant steering wheel cover for anyone who's tired of cussing out their steering wheel after getting what feels like third-degree burns from parking in the sun. This breathable cover keeps your hands cool, your grip secure, and your wheel protected — all while adding a subtle style upgrade to your ride. A headrest hook for anyone who's sick of pawing around in the backseat for their purse at the drive-thru for what feels like an eternity. These sleek, easily installed headrest hooks rotate 360 degrees, hold up to 55 pounds each, and keep everything from diaper bags to takeout upright and within reach. A sunglasses holder because your sunnies deserve better than to sit in your cupholder or slip 'n' slide across your dash all summer. This luxe little visor clip uses hidden magnets to gently (but firmly!) hold your shades in place — and it even doubles as a sneaky spot for cards or cash. A MagSafe car mount because there's nothing worse than seeing your phone launch across the car while taking a sharp turn in an unfamiliar place. This sleek, magnetic mount grips your phone with Hulk-level strength, rotates like a dream, and folds away when not in use. It's the perfect companion for getting through all those bumpy back roads. A memory foam seat cushion to help keep your back from throwing a tantrum while you sit in stop-and-go traffic to go five miles. This U-shaped memory foam cushion cradles your backside like a cloud and can help with spinal alignment. Back pain on vacation? We don't know her. A car tissue holder because no one wants to be caught without tissues when that drink inevitably spills or you get hit with a sneeze attack while driving. This cute leather tissue holder clips right to your visor or headrest so you're never awkwardly digging through your glove box mid-sneeze again.

Shark Tank's Kevin O'Leary warns against EVER doing this job: 'Slow drift into hell'
Shark Tank's Kevin O'Leary warns against EVER doing this job: 'Slow drift into hell'

Daily Mail​

timea day ago

  • Business
  • Daily Mail​

Shark Tank's Kevin O'Leary warns against EVER doing this job: 'Slow drift into hell'

Shark Tank's Kevin O'Leary warned top business school graduates that spending more than two years in management consulting will render them 'tainted meat' and 'unemployable for life.' The multimillionaire investor condemned the traditional post-MBA consulting track - long considered a golden ticket for graduates of Harvard, Stanford, and Wharton - and even suggested it was a professional death sentence. The Canadian entrepreneur, who now teaches at Harvard Business School, said he's battling to steer his students away from what he called a lucrative but soul-crushing trap. 'Look, if you want to drift into hell on Earth, stay 24 months in a consulting firm and you are tainted meat for the rest of your life,' O'Leary said to Fortune. 'No one's going to hire you to make a decision because you never have made one.' The remarks have sparked debate in elite academic and corporate circles, as O'Leary doubled down on his view that students choosing six-figure consulting jobs are dooming themselves to mediocrity, irrelevance - and ultimately, a lifetime working for someone else. O'Leary's remarks were made in his capacity as an Executive Fellow at Harvard Business School and come at a time when two-thirds of his MBA students reportedly raise their hands when asked if they're headed into consulting. The executive and former software magnate said he has made it his mission to intervene. 'What I try and do is disrupt a few of them in every class,' he said. 'If I can get four of you to abandon your drift into mediocrity, then I've done a great job here.' O'Leary, who built his fortune through the $4.2 billion sale of SoftKey Software Products, now teaches a course titled The Founder Mindset. But instead of nurturing a generation of risk-takers, he says he's watching a generation settle for safe salaries and predictable promotions. 'They haven't done anything,' O'Leary said of junior consultants. 'They just wrote reports. Didn't matter. 'I always take those résumés of consultants that want to get into the real world, and throw them in the garbage,' he said bluntly. O'Leary does not deny that top consulting jobs offer enviable perks: $250,000 to $350,000 starting salaries, first-class travel, and prestige among peers. But he says there can be a permanent cost to taking such a job. 'If you're there for more than 24 months, you get the virus,' he warned. 'Your résumé says you were someone of no consequence. 'Why would anybody burn all those hours while someone else makes money, and you do nothing of consequence?' he asked. 'I respect all the consulting firms that are out there, but I'm going to do my best to keep people from going into that,' O'Leary said. 'You can go to the soccer games, go to picnics. You can do whatever, and it's a great life,' he said. 'You can provide for a family. But you'll never be free. You'll never be financially free.' O'Leary says freedom doesn't come from a paycheck but from ownership and risk. At Harvard Consulting has long been viewed as the fast track to executive leadership. Harvard MBAs have gone on to lead corporations, run hedge funds, and shape economic policy, but O'Leary says many are still wasting their potential and he is having to battle decades of tradition. He also warns that the entrepreneurial path is not the easy one with long 100-hour weeks, but he insists the pain is worth the prize. 'Entrepreneurship may mean no vacations, sharing an apartment with five roommates, and grinding for years, but once you make it, you can call your own shots' he said.

DreamPark Opens Mixed Reality Theme Park at West Canal Yards in Seattle
DreamPark Opens Mixed Reality Theme Park at West Canal Yards in Seattle

Business Wire

time2 days ago

  • Entertainment
  • Business Wire

DreamPark Opens Mixed Reality Theme Park at West Canal Yards in Seattle

SEATTLE--(BUSINESS WIRE)--DreamPark, the creator of the world's largest downloadable theme park, today opened a permanent DreamPark experience at West Canal Yards, a new waterfront redevelopment on Seattle's Ship Canal. The 25,000-square-foot free-roam augmented world offers real-life fun and adventure for adults and kids alike (ages 4+). By transforming everyday environments into immersive adventures through mixed reality, DreamPark aims to make the real world a playground. Grab your friends and family, and come visit DreamPark at West Canal Yards. Tickets Available at DreamPark's website: Share Situated on the water, the DreamPark location in Ballard is centrally located to Seattle landmarks and major employers, making it an ideal destination. DreamPark was founded by industry veterans Brent Bushnell, a Seattle-based entrepreneur and son of Atari and Chuck E. Cheese founder Nolan Bushnell; Aidan Wolf, co-founder of AR House and a former creator at SNAP; and Kevin Habich, co-founder of Kevaid and CTO/co-founder of Frameri. DreamPark was featured on ABC's Shark Tank in April 2025. DreamPark's unique and novel entertainment experience engages families, adults seeking social activities and corporate teams looking for innovative team-building solutions. "This West Canal Yards installation is a testament to our ability to create immersive and profitable entertainment units quickly and efficiently," said Aidan Wolf, Co-Founder and CEO of DreamPark. "It's the world's largest mixed reality theme park, offering an unparalleled experience that differentiates us in the virtual reality marketplace. We are thrilled to bring this to the vibrant Seattle community, especially given its strong game audience and proximity to major tech companies and attractions." The West Canal Yards installation, spearheaded by lead developer Ned Carner, addresses the growing need to revitalize idle retail spaces across the country. The national office vacancy rate was 19.4% in May, up 160 basis points year-over-year, with occupancy unlikely to rise in the near future, according to CommercialCafe. DreamPark's rapid deployment capability, combined with the capacity to handle bigger installations, addresses key challenges in transforming empty storefronts into revenue-generating entertainment destinations. 'With West Canal Yards, our goal is to create a place that invites people to visit and enjoy our working waterfront,' said Ned Carner, founder and president of Wing Point Partners and visionary behind West Canal Yards. 'DreamPark plays a key role in that vision by quickly revitalizing the space and helping to transform it into a vibrant entertainment hub for family fun.' DreamPark eliminates the million-dollar construction costs of typical VR venues by requiring no permanent infrastructure. The immersive, multiplayer experience generates enough revenue to cover costs within its first month, making it a cost-effective way to revitalize underused spaces. Grab your friends and family, and come visit DreamPark at West Canal Yards on Saturday, July 19, 2025. Tickets Available at DreamPark's website: /seattle About DreamPark DreamPark is creating the world's first downloadable mixed-reality theme park platform, transforming real-world spaces into immersive adventures. Using the latest XR technology, we overlay digital worlds onto physical environments, creating magical experiences accessible through Meta Quest headsets or mobile devices. With strategic locations across major cities, we're building the world's largest theme park—one that exists everywhere and is open to everyone. Founded by industry veterans Brent Bushnell, Aidan Wolf, and Kevin Habich, and backed by top VCs like Long Journey Ventures and Founders, Inc., DreamPark is reimagining how people play, connect, and experience their communities in the mixed reality era.

Shark Tank India founder's Rs 300 crore revenue doubled after show, entrepreneur who made Anupam Mittal change his mind now has 1.3 million users on his app
Shark Tank India founder's Rs 300 crore revenue doubled after show, entrepreneur who made Anupam Mittal change his mind now has 1.3 million users on his app

Indian Express

time2 days ago

  • Business
  • Indian Express

Shark Tank India founder's Rs 300 crore revenue doubled after show, entrepreneur who made Anupam Mittal change his mind now has 1.3 million users on his app

With registrations for the upcoming fifth season of Shark Tank India fully underway, the reality show's official Instagram channel has been sharing testimonial videos of previously featured contestants who secured deals on the show, and benefited from it. Shark Tank India is gearing up for its fifth season, which would also mark its fifth anniversary. The show gained popularity in the early stages of the pandemic, and has only become more popular with every passing year. The new season should debut in early 2026, going by the schedules of past seasons. In their videos, entrepreneurs shared how their companies have grown after being featured on the show, and encouraged others to not hesitate in taking the plunge. Season 3 contestant Simran Khara, who presented her brand Koparo, said that their revenue increased from Rs 70 lakh per month to Rs 4 crore per month. 'Around 60% of the people who first tried us out during Shark Tank month have stuck with us,' she said. Jagrut, who pitched his brand Savani Heritage on the show's fourth season. Savani Heritage was already the highest revenue-generated show ever, at a projected Rs 300 crore. Jagrut said that their revenue doubled after the show, which he himself was stunned by. A post shared by Shark Tank India (@ Also read – Shark Tank India founders who pitched aphrodisiac chocolates answer if Anupam Mittal was being a 'hypocrite', credit Peyush Bansal for correcting him A post shared by Shark Tank India (@ Randhir, who appeared on the final episode of the latest season to present his fashion label Subcultre, said that his revenue showed a 20x growth. Dhananjay, the founder of a wearable AI-powered pendant company, gave a shoutout to the 'sharks' who believed in him, and helped him communicate his ambitions to the world. The founders of Shyle, Astha and Radhesh, said that they saw a 'sharp spike in sales, collaborations, and credibility, almost overnight'. Sanjay, the founder of a book lending app business who gained tremendous appreciation from Anupam Mittal in the show's fourth season, said that he witnessed a growth of more than 100% after he appeared on the show. A post shared by Shark Tank India (@ The Shark Tank India Instagram also addressed some frequently asked questions that potential applicants might have, such as how long their pitch needs to be, whether they'd have time to rehearse beforehand, and whether they need to bring a prototype if their company is pre-revenue. The post also acknowledged potential conflicts of interest that 'sharks' might have, if they are previously invested in direct competitors of the products being pitched. The post outlined timelines that contestants can fall back on in the event that they make the final cut, are able to deliver a successful pitch, and receive an offer from one or more of the 'sharks'.

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