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Episode

1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
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1:37:44
Published: Wed Feb 24 2021
Description

“Money can cause great joy or catastrophe in your life. Your CHOICE is where does it fit?”Today's guest is Kevin O’Leary who is an investor on the Emmy Award winning show, Shark Tank. Kevin has had an incredible career with multiple successful businesses ranging from production companies, to a software company that later sold for billions of dollars, and writing multiple best-sellers around financial literacy. He is the Chairman of the investment app Beanstox as well the founder O’Leary Fine Wines.Lewis and Kevin sit down and discuss the importance of always telling the truth, the 3 skills every person should develop to be successful, what conversations we should be having with our partner around money, and so much more!For more go to: www.lewishowes.com/1076Check out Kevin’s investment app Beanstox: https://beanstox.com/ Go to his website for more: https://www.kevinoleary.com/ Daymond John on How to Close any Deal and Achieve Any Outcome: https://link.chtbl.com/928-podSara Blakely on Writing Your Billion Dollar Story: https://link.chtbl.com/893-pod

Chapters
Kevin O'Leary and Damon John discuss the topic of relationships and money, sharing unique insights on the subject.
00:00 - 04:49 (04:49)
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relationships, money
Summary

Kevin O'Leary and Damon John discuss the topic of relationships and money, sharing unique insights on the subject. Kevin emphasizes the importance of finding a partner who shares your financial values.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The speaker discusses being introduced to Clubhouse by Damon John and their conversations about business and financial literacy.
04:49 - 07:06 (02:17)
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Clubhouse
Summary

The speaker discusses being introduced to Clubhouse by Damon John and their conversations about business and financial literacy.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The host reflects on a past relationship and how lying can lead to a brutal and huge mistake.
07:06 - 12:45 (05:38)
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Relationships
Summary

The host reflects on a past relationship and how lying can lead to a brutal and huge mistake. He emphasizes the importance of honesty and how it can serve as a foundation in a relationship.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The speaker discusses the misconception that getting an MBA automatically leads to success and shares his personal experience of realizing the value and limitations of his degree.
12:45 - 17:03 (04:18)
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MBA
Summary

The speaker discusses the misconception that getting an MBA automatically leads to success and shares his personal experience of realizing the value and limitations of his degree.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The speaker reflects on a time when they were condescending towards students in a large classroom and later experienced a similar situation themselves in a Harvard MBA group.
17:03 - 21:42 (04:39)
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Academia
Summary

The speaker reflects on a time when they were condescending towards students in a large classroom and later experienced a similar situation themselves in a Harvard MBA group.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The decision to find the right partner is one of the biggest decisions a person will make and can impact their success or failure in life.
21:42 - 26:30 (04:47)
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Relationship
Summary

The decision to find the right partner is one of the biggest decisions a person will make and can impact their success or failure in life.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The danger of money in a family is entitlement.
26:30 - 32:40 (06:10)
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Rich Mindset
Summary

The danger of money in a family is entitlement. It's important to develop a rich mindset despite negative beliefs about money that may have been ingrained in individuals since they were young.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
An individual talks about the importance of financial literacy and how it's a poorly addressed area in today's society.
32:40 - 37:15 (04:35)
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Financial Literacy
Summary

An individual talks about the importance of financial literacy and how it's a poorly addressed area in today's society. They share an anecdote about graduation and a lesson on learning to fly.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The host discusses Bean Stocks, an initiative to build a conservative robo-investor, which allows users to invest without knowing how to buy and sell stocks, and stresses the importance of investing for the future.
37:15 - 40:17 (03:02)
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Investing
Summary

The host discusses Bean Stocks, an initiative to build a conservative robo-investor, which allows users to invest without knowing how to buy and sell stocks, and stresses the importance of investing for the future.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The wealthy know what they're good at, do not take risks and invest frequently, says a person advising wealthy individuals in over 30 companies.
40:17 - 46:27 (06:10)
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Wealth Management
Summary

The wealthy know what they're good at, do not take risks and invest frequently, says a person advising wealthy individuals in over 30 companies. Building wealth requires a mindset and habits that define personal decisions and spending money, says the advisor.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The founder of Shark Tank mentions the importance of creativity and using various methods such as video, music, and graphics to sell a product or service and take middle-class people's businesses to the next level.
46:27 - 50:19 (03:52)
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Business/Entrepreneurship
Summary

The founder of Shark Tank mentions the importance of creativity and using various methods such as video, music, and graphics to sell a product or service and take middle-class people's businesses to the next level. However, one has to keep in mind the limitations that come with the environment they are operating in.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
Investor and entrepreneur, Mark Cuban, shares his preference for investing in entrepreneurs that have failed before and three essential skills for success in business while offering advice for young people on what money conversations they should be having with friends and mentors.
50:19 - 54:25 (04:05)
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Entrepreneurship
Summary

Investor and entrepreneur, Mark Cuban, shares his preference for investing in entrepreneurs that have failed before and three essential skills for success in business while offering advice for young people on what money conversations they should be having with friends and mentors.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The speaker discusses the possibility of learning financial literacy later in life, even if you struggled with it in your 20s and 30s.
54:25 - 58:24 (03:58)
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Financial literacy
Summary

The speaker discusses the possibility of learning financial literacy later in life, even if you struggled with it in your 20s and 30s. They also mentioned the importance of estate planning in regards to financial security for the future.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
In this episode, the speaker talks about the various challenges they faced in both their personal and professional life, including being cut off by their mother, failing in business ventures and starting afresh with different jobs.
58:24 - 1:01:35 (03:11)
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Business
Summary

In this episode, the speaker talks about the various challenges they faced in both their personal and professional life, including being cut off by their mother, failing in business ventures and starting afresh with different jobs. Despite the difficult times, they managed to focus on building a successful business.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
Learn how important it is to not just buy a guitar and store it away, but to take care of it so it can last a long time, especially if it's a rare guitar.
1:01:35 - 1:07:07 (05:32)
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Guitar care
Summary

Learn how important it is to not just buy a guitar and store it away, but to take care of it so it can last a long time, especially if it's a rare guitar.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The hosts discuss the ongoing debate on whether the lead in Hotel California was played using a capo or not, and how some people use it to gauge musical knowledge.
1:07:07 - 1:09:54 (02:46)
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Music
Summary

The hosts discuss the ongoing debate on whether the lead in Hotel California was played using a capo or not, and how some people use it to gauge musical knowledge.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
Successful entrepreneurs like Elon Musk and Shark Tank's "sharks" understand that time is valuable and should only be spent on meaningful conversations and investments.
1:09:54 - 1:13:41 (03:47)
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Entrepreneurship
Summary

Successful entrepreneurs like Elon Musk and Shark Tank's "sharks" understand that time is valuable and should only be spent on meaningful conversations and investments.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The speaker suggests being diverse in investment and being honest to overcome anxiety, self-consciousness, and the fear of rejection.
1:13:41 - 1:17:16 (03:35)
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Overcoming anxiety
Summary

The speaker suggests being diverse in investment and being honest to overcome anxiety, self-consciousness, and the fear of rejection. To succeed, it is critical to treat these emotions differently.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
This podcast episode features advice for entrepreneurs on the importance of developing resilience, as well as insights on how to make life changes when others see you as successful.
1:17:16 - 1:20:34 (03:17)
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Entrepreneurship
Summary

This podcast episode features advice for entrepreneurs on the importance of developing resilience, as well as insights on how to make life changes when others see you as successful.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The speaker discusses the importance of communicating honestly while also caring for someone's feelings.
1:20:34 - 1:23:30 (02:56)
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Communication
Summary

The speaker discusses the importance of communicating honestly while also caring for someone's feelings. He emphasizes the need to always tell the facts in a deliberate and confident manner.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The gold market is worth $100 trillion and owning physical gold means you can easily turn it into currency.
1:23:30 - 1:27:14 (03:44)
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Bitcoin
Summary

The gold market is worth $100 trillion and owning physical gold means you can easily turn it into currency. The speaker believes Bitcoin needs to reach 30% of the gold market cap to be a viable alternative asset.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
Gary Vaynerchuk discusses the importance of honesty and the achievement he is most proud of that people may not know about.
1:27:14 - 1:30:49 (03:35)
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Honesty, Achievement
Summary

Gary Vaynerchuk discusses the importance of honesty and the achievement he is most proud of that people may not know about.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
Learn about investing with Beanstocks, a platform that makes it easy for beginners to invest small amounts of money.
1:30:49 - 1:35:26 (04:36)
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Investing
Summary

Learn about investing with Beanstocks, a platform that makes it easy for beginners to invest small amounts of money. However, the transcript also includes an ad for a music service.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness
The speaker encourages listeners to share the podcast with others, sign up for inspirational messages, and reach out to the speaker if they found the episode helpful.
1:35:26 - 1:37:35 (02:09)
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Podcast
Summary

The speaker encourages listeners to share the podcast with others, sign up for inspirational messages, and reach out to the speaker if they found the episode helpful.

Episode
1076 The Keys to Financial Freedom w/Shark Tank’s “Mr. Wonderful” Kevin O’Leary (Do THIS Today!)
Podcast
The School of Greatness