EVERYTHING You've Been Told About Making Money Is WRONG! | Kevin O'Leary
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- čas přidán 8. 09. 2024
- Call-in questions include: "How do I know if my business is a hobby?," "What's the quickest way to turn $500 into retirement savings?" and more. You ask your business question and Mr. Wonderful, Kevin O'Leary gives you his answers. Want to ask your question? Go to speakpipe.com/...
This guys busting out life advice for random people at 4 am even though he’s worth hundreds of millions of dollars, don’t take these videos for granted people.
He's been down and out most rich people are already up or haven't slept by 3 or 4am
Neil i I really think it all varies on the person, just like everyone else lol. He's only up at 4 to get ready to go to his show. Usually sleep is based around your work cycle
@@PlutoTheGod True I just meant you work as many hours as you can when you love what you do.
Exactly
hes a billionare
Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom
In my opinion, venturing into a good investment is not just a strategy for generating passive income but a profitable saving method for future expenses. Those who fail to make the right decisions early in life end up regretting it. Nevertheless, investing can be difficult and risky doing it solely, For this reason, I advise seeking help from professionals(financial advisors). It’s not just watching videos and reading investment books the challenge is using them well.
@@jesbensommichael8397 sincerely, I’m truly inspired by your words. I’m very interested in investing and I have got a good sum of money which I’m ready to put in with the right information. My biggest fear is losing my money on the wrong investment. For this reason, I’m willing to listen to your suggestions and ideas on how to invest wisely.
@@harrisonjamie794 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name *PRISCILLA DIANE AIVAZIAN* and everything changed. I started enjoying huge returns from my investment.
@@jesbensommichael8397 Please, how do I connect with your financial planner?
@@harrisonjamie794 quickly do a web check where you can connect with her, and do your research with her full name mentioned
Kevin is holding a Comb in his hand...
Some Genius Sold him a Comb...!!
It's midnight.... I'm rolling on the floor
This is the best comb. It is going to solve all of your problems.
Lmfao!
We want to take advice from that comb guy not him 😂
He could sell milk to a cow
"If you're going to take a risk, the best person to risk on is you." beautiful advice
Kevin is so down to earth. The fact that he has no problem giving good advice while he gets ready for his day is evidence of that. Love it!
Once you loan a person money the relationship changes.
Yeah, once you bring in any kind of business into a relationship, it creates distance. Business is business so you want the proper distance in a business relationship, not a friendship.
@Taylor N When my sisters or brother borrow money. Ill tell them, dont pay me back. Just be there for me when i need you.
if your male, then somebody owes you money.
If you're female, it's your obligation you give the money and they get to screw you over...
See this hundreds of times
@Taylor N yep. That's how it works... On paper it looks like we have rights and own things - once you get to court for a divorce? You'll find out the other way
Male immigrants are allowed to completely take over citizens property & lives and not pay child support in Massachusetts
But I ain't no feminist
They caused it
Sometimes, the gaslight theory or conspiracy spoils things, very quickly....
#AskMrWonderful's #13 Questions (w/ timestamps):
@2:31 - How to handle anxiety? Is a writing degree worth it?
@6:30 - Best way(s) to invest $500.00?
@9:44 - How to scale a business?
@11:54 - Managing risk in venture capitalism?
@15:54 - How to trust family with money?
@18:41 - What is a hobby? How can I find a company, for a product?
Thank-you for the #ColdHardTruths!!
Thanks man
@@daddysfreepicks: You're welcome.
Thank you brother
Sure thing, Brother @Nick Koob. 👊
Man you an absolute mvp worthy.
This is Kevin O'Leary as he's just getting his day started...let that sink in.
Anthony Lopez Try giving this caliber of advice at 4:30am.
If you believe he actually just got out of the shower, you should take a look at these cool rocks I have for sale!
If you believe he actually just got out of the shower, you should take a look at these cool rocks I have for sale!
Anthony Lopez - Sure you did, all you Trolls are King Solomon, and know more than Kevin!👎🖕
@@bnv2416 I mean he did brush his teeth and spit on camera so he probably took the shower not long before the video started
I absolutely don't mind the shaving thing Mr. Wonderful. In fact, I love it, appreciate you taking the time to talk to us! Continue to inspire... Cheers!
Have to stay looking fresh while bringing you the content you need!!
@@kevinoleary Yeah we don't mind, it makes it look way more authentic and Real.
He's not afraid to be human.
Kiss ass much?
@@kevinoleary Hey Mr. Wonderful man that name fit u so well. I watch your show all the time because ur the smartest one on it of course lol.
One of the world’s smartest billionaires in the world genuinely making time out of his hectic schedule to give advice to the little guy. I’ve truly found a new found appreciation for Mr. Wonderful!
Billionaire? Investopedia.com has him at $400M(2019) so maybe $500ish now (if his O-funds matched the S&P rather than the dog TSX).
SA Tauranga ME TOO!! I’m so grateful
The net worth is irrelevant, what matters is the current market value of all his assets are, and the cash-flow they produce.
Brett Cameron Hey, Hater... don’t be jealous Brett. I would follow your CZcams , but I didn’t see your net worth disclosed on investopedia.com. Do you care to disclose it here? Would love to see your free consultations on how to acquire your millions of dollars of wealth.
@@staciyoung5689 It is not jealousy to state that a millionaire is not a billionaire.
"You can't trust your family with your money." I learned this lesson the hard way.
Yup, never got money back from I loaned to a family member. Yet all friends I loaned money paid me back.
i hear ya guys, luckily i got most of it back but not all, and even that took 10 years
@@xomox5316 you choose your friends, but you can't choose your family.
Never mix family and business.
3 Subscriber's Without Any Videos!!! So that’s where the step sister porn videos comes from..
Then you charge them market rate
@3 Subscriber's Without Any Videos!!! you send them to a colleague
Unless it’s a family business lol
Like water and oil
I'VE BEEN SEEING POST EVERYWHERE ABOUT FOREX TRADING AND CRYPTO CURRENCY, A LOT OF PEOPLE KEEP SAYING THINGS ABOUT THIS TRADING PLATFORMS PLEASE CAN SOMEONE LINK ME TO SOMEBODY WHO CAN PUT ME THROUGH..?
All you need is a professional trader to avoid
making losses
That is true, you need an expert broker and
account manager to make good profit from
Bitcoin trade.
How can someone know a professional acount manager that is trustworthy when legit once are hard to find this days.
@@marinefernandez3166 Have a target profile on Bitcoin
Keep investing Keep holding 90% of millionaires right now are investors in the crypto market
Investing in crypto is a plan for the future so
it's high time people understand the
importance of investment.
I love how this is basically one take.
This is so true. I bought a home with my parents 3 years ago going half on everything In texas and I live in los angeles. We talked and agreed that the home would be in my full possession when they passed away. Last year my brother moved in with my parents and once again had to remind my parents that I would keep the home as originally stated. They said no that I would only receive half and that my brother would receive the other half. I'm so mad but learned to never do business with family. You may say I'm being greedy but from my point of view we had come to an agreement and was an investment for me but to change the terms after the purchase is unfair. I stopped paying them my part of monthly mortgage. And they wont return my down payment. So I just let the money go and decided to never involve them in my finances.
You did the right thing . Sometimes your biological family isn’t your family at all . They don’t have the right to make the full decision when it comes to the house being that you were helping them pay for it . That’s sounds like a legal issue
You receiving 75% would be fair. Their share, 50% ÷ 2 = 25 + your 50% ownership= 75%. (Maybe a little more based on risk and mortgage but thats might be negligible) Unfortunately math and logic dont work in my family either. You did the right thing! Dont dwell on it🙌
Way to go. cut your losses and move on. When you involve family in finances, the tiger rears his ugly head and the real McCoys come out. Been there done that, never again. Had to cut them loose and never looked back. Everyone is out for the kill of $$$! A real bummer though!
That’s not an investment, you helped your parents buy a home. That’s all.
@@michaeldproject not if the agreement was for him/her to keep the property when the parents passed. The reason the OP invested was because there was a guarantee that the house would be theirs when the parents passed. Only reason the OP shouldn't or wouldn't sue the parents for lying is because they're family.
Came for the shaving tips , stayed for the advice
9:42 "Chris, whataya got?"
Toothbrush: BZZZZZZZRZRZZZZZRZZZZZZ
17:36 “they are not my family, and they never will be”
Kevin’s favorite Financial advisor: 🙁
16:16 the title
bless you solider, your sacrifice won't be in vain
You, sir, are a gentleman and a scholar.
@@EmpireRamzes LOL 16 mins I will cherish today
@@oneclickandclosed I was like yes, there is hero
He hit it! The key is when you are in your late teens/early 20s, open up a brokerage account and GET INTO THE MARKET. Do dollar cost averaging and BUILD BUILD BUILD! Forget about Starbucks cups of coffee, be very frugal, but don't deprive yourself of a treat, but continue this same strategy into your 60s. Guess what you will be: F.I.R.E= Financially Independent Retire Early!! It works!
Go Go Mr. Wonderful but do not forget perpetuity Grasshopper!
Camera man: ...
Uncle Kevin: "Ok Bob, let's start filming"
Camera man: ...
That's what I'm confused with. Is there a camera guy in this video? Haha
@@junky3445 no
Lol
...Richard I see what you did there... clever.
LMAO
Mr Wonderful, how I wish I have encountered you and your sage advise in my earlier years. Nevertheless, it's not too late. They are as valuable decades ago as they are today. A real classic.
22:36 “the human condition is to march forward” what a true statement by a brilliant businessman hopefully the hordes of 20 somethings watching this will stop thinking that they’re “stuck” with no direction after college and continue to advance
I'm genuinely surprised. I came into this video expecting him to be as crass and hard ass (and, let's be honest, a jack ass at times too) as he is on Shark Tank. However, he seems like a much more laid back and personable individual in a one on one setting such as this. I'm glad I clicked on the video.
Agent К_видео MKBHD? I'm not sure who that is. Would I be able to find the video on his channel?
Kevin,,,,,,,,Please for the sake of this country before its too late.Kevin O'Leary for prime minister.
that would be wonderful, team Canada + team USA
Lmao Kevin be removing comments
Nah he's too open borders
Love how he’s got a few laptops all set up ready to go in the bathroom 🚽 😂 lol
Bird that could be dangerous because if water get on the laptops!😬
His laptop might be waterproof.
I learned a long time ago; never do business with family. Thank you Mr. Wonderful, for quantifying why.
I feel validated because I use the same shaving cream as Kevin.
What shaving cream is that?
The notorious BIG sang about it in his song "Ten crack commandments" . In his words :
"Money and blood don't mix,
like two d*cks, and no b*tch,
Find yourself in serious sh*t."
This man shaving his whole face in 6 seconds
He's been doing practice laps on his head- he's getting on the top of his shave game.
He should shave his whole head
gahangore111 I got razor burn just watching this
Great to see you were positive with every answer and respectful towards each person that sent in their question. 👍
Mr. Wonderful,
Whether it’s filming at the beach or bathroom sink doesn’t much matter for your sage advice. Very grateful for your time and genuine willingness to give back. You’re family should be very proud of you.
My Dad worked 2 1/2 jobs for 30 years and is in his 80’s now. I asked him recently if it was worth working so hard and he said “You better believe it was worth it”. Blue Collar guy who made it first generation. The pennies make the dollars.
Why is it so satisfying to listen to Mr. Wonderful at 4 am?
I really like how you treated the boy with anxiety, I thought you were going to treat him like a weak person or something, but you treated him with love and care and you encorauge him
, i really appreciate it,
@@lifesabeach5405 I speak spanish, i am not perfect with english
@@juanmartinelli903 hombre= man , boy= chico
@@sudhanvakashyap297 thank you, i know that but i didn't understand weel when he talked
Kevin, your 100% right! Never trust your family with your money.
Hi there Kevin, it's Saffron. (They call me mellow yellow, quite rightly!) Funny enough, my parents used to sing that song to me when I was little, aha! Thank you so much for your genuine, truthful advice! You've really inspired me to keep moving forward with my passion, and to feel confident enough to make it happen! Let me know if you ever need some writing done. ^_^ Thank you!
Good luck! You got this!
With each new video, we're getting more and more intimate with you Mr. Wonderful !
Again, thank you for your analysis : always clear and straight to the point.
I love how he takes us inside his bathroom while he gets ready for an appointment. I feel like I’m standing around him watching and listening to him dole out common sense, grounded advice about money. It’s like talking to my dad. I love it-!
We getting Mr. Wonderful at a discount, you're the only one that keeps real with us.
One thing I realized is to never lend money, no matter if he is one of your closest friends. Money rarely come back...
Kevin is a financial genius. I trust him completely
Kevin I would love to hear you and Robert Herjavec be together in one video. I’d love to see both of your perspectives on every question!
I don't care what your doing in these vids, your advice is what matters.
Yeah, take note, this guy puts in his work while 99% of people would have not done this video during their shave at 4am...This is great! Essentially, making money/equity off of this video while doing his thing in the bathroom. Mr.Wonderful!
I usually hate Q and As, but Kevin’s are the only ones I actually like and watch fully!
Kevin blends inteligence, class, a sense of humor and down to earth layman vibe all at the same time. Its refreshing. Not stuck up, A type personaity and a gentlemen!
"You're the brand" YES KEVIN!
"You will have made a family member angry at u for a week for refusing to lend them money but youll be angry that you made a family member avoid u for a lifetime after lending them money."
KO I love to learn about money, business & people from your videos. ❤ Thanks brother.
Sad but True!
After my Mom died, my heartbroken Father was devastated, and oldest sister stole my Father's share of inheritance, by taking advantage of the tragedy.
Dad had Alhzheimers mental health disorder.
After 2 family lawyers, best one told me NOT to waste any more money trying to fight her, as she was expertly coaching him to fool any Jury, OR even a Judge!
Baby sister and I Both knew he was NOT in his right mind.
The best Q/A on CZcams nowadays. !
Its interesting because when I watch this video I feel like I am right there in that room. So immersive with sense of real presence. Mr. Wonderful says great things, please keep doing this.
100% on investing in yourself. 100%
YOU ARE SMART MAN, KEVIN. ALL YOUR LIFE COACH OPINIONS ARE APPRECIATED!
The dead bird under the nest is the one that never learned how to fly.
Both great sayings. No need to banter him Anthony.
Anthony Lopez time waits for no one.
It's true!
I watch your channel more than anyone else now, because someone who doesn't need a CZcams channel, but makes one anyway because he cares and puts his knowledge out there is amazing. Thank you sir.
Mr Wonderful is too funny, tryna get to that level 😂
Excellent choice on the Grand Seiko sir! I always enjoying hearing from someone who knows and appreciates that level of craftsmanship.
"Alright I'm gonna shower now, next question is from Melvin.."
Dongs out
Mr. Wonderful! Would you ever consider selling branded merchandise? We would love to have T-Shirts, hoodies, hats, calendars, notebooks; really anything with your inspirational quotes/messages on them. We just think they could be things to keep us motivated on a daily basis! We’re all huge fans of yours and would love to know your idea on this subject! STAY WONDERFUL 💰💰💰
When your mom takes the money your grandmother gave you
That sucks
WHAT CAN I DO 1.000.000S
YOU CAN SAY ANYTHING YOU WONT TO HER THATS WHAT I DID
Go to the police or complain to your grandma
And then she says i am accumulating it for your future use .. N that future never came @kunj
This is different seeing Kevin give free advice from a bathroom, best advice on investing, pay your self first, you’ve got to start somewhere, no matter what income level your at. And stay away from frivolous things.
Thanks
~ Chuck
You offer excellent advice Mr. Wonderful. Thank you for sharing your knowledge with us, the +80%.
And thanks for letting us in the bathroom with you. 🤣😂🤣😂 no homo. 👍
Whats the meaning of "+80%"?
People who give of themselves are often overlooked, unappreciated, taken for granted. To have someone of Kevin's caliber taking time during his morning routine to answer questions and give advice while at the same time show you he's just a normal person like yourself, is extremely rare. To the casual observer, it's just some free advice they will take without second thought. Only someone who's doing it for the love of it can do this. Pewdie-who?
Shallow thought of the day: Kevin, you are absolutely adorable. ;o) ... Just wanted to put a smile on your handsome face. Hugs from Texas!
@Anthony Lopez Why bless your sweet heart! I've heard that waking up on the wrong side of bed can turn someone into a grouch. High five! ;oD
@Anthony Lopez Again, bless your sweet heart! ;oD
@Anthony Lopez :o)
Such an inspiration Mr. Wonderful Please don't stop making these. And please do not refrain from recording during your activities. We will bear with you!! #wonderfulnation
Mr Wonderful, when are you gonna make an ASMR channel? I just love your voice 👍🏽
LOL! So here I am, eating my dinner, listening to a guy talk while he shaves. Thank The Gods for the internet! Actually, this is my first Kevin O'Leary video and I might subscribe after watching a couple more. I guess I clicked on the title for a DAMN good reason, and that would be your assertion that you don't do business like that with your family, which (from personal experience) has proven to be correct.
I've loaned money to family and when it's time to collect they make me out to be an A hole. Unbelievable 0/10
I like that you gave it a rating hahah
lmao that last part is so spot on! the watch does set the tone of the day. I'm also a watch guy. I love researching watches and nothing else makes starts my day other than picking my watch for the day.
You know, as someone who was forced to raise children alone... This is an outstanding example to show people how to be ready to work in the professional world
I kept having to send my boys in with their ties two male teachers oh, they're ROTC Commander to help them put them on
this is actually very valuable information sitting here watching a man get ready for work
it's called a role model and you would be shocked at how many people have no clue even how to start to get ready to be in the professional world.
Too many fathers have failed,
And it's the woman's job to raise the children, not the men
This is pretty awesome
"Forced?" You chose a shity man and refuse to take responsibility for it. I feel bad for your kids. Single moms are the worst.
dak9554 literally came here to ask how were u forced... thank you for saying what needed to be said.
Its amazing to see no question is "stupid" and he finds the positive aspect in every question! . Great to see
I love the stock market!!! I made 30% last month 😍
Investing in what?
Any thing. Im a trader more than investor tho. Biotech has been on fire. Crypto had a small push but I'm not 100% about that. Good money in options to be honest.
Adam Mcgrath everyone makes money in a bull market
@@patchybeardopinions9340 yup and I'll short my way down to some potential nice long holds once the correction happens😂 I'm mostly liquid right now aside from a few things and I'll hopefully be one of the ones buying during the pull back. Not the ones panic selling. I figure after 2024 when Trump's out of office
Adam Mcgrath I’m gonna buy more right before trump gets re-elected. I don’t even fuck with him but we all knows he’s getting a second term considering his competition is bat shit.
Mr. Wonderful, always working/multitasking! If Mr. Wonderful has to get up at zero-dark 30, we should never complain when that clock goes off.
Kevin, you should go with the full shaved head. You will look tougher! It'll make you look years younger too!
Juan Ch - You look about 12! 🤔
@@coiledsteel8344 more like 50. I'm getting old. I just hide it well.
I'm starting and you are an inspiration, I hope someday i'll meet you. Thank you for the time you take to give advice.
You should be leader of pc party Canada
I wish there was a Mr. Wonderful when I was in my 20's to asked for a advise .
"You're doing a great job and everyone should appreciate " 🖖
Love the song----- Mr. Wonderfullllll.... woooooo!
HAIZZUL what is the name of that song exactly?
I have a tip for you, Kevin. Unless you have investments in Gillette, switch to a safety razor. Infinitely cheaper and much better shave surprisingly. There is something so genuine about you getting ready for the day and taking the time to do this video. SUBSRIBED.
That looks like a Schick razor. I’ve been shaving with that brand since the 70’s.
Kevin is so right about that. Blood may be thicker than water but because of this, sometimes they use that as a leverage. What I mean is some people borrow and pay back honestly. Some borrow and flip you the bird. Family members are people too. My relatives kept borrowing from my family to keep their family business afloat so much so they rather risk our money then theirs. Over the years we've lent them like 3x and each time ranges from $60k-$100k. It started since the early 80s to 2000s and my family had to sell our businesses/assets because of this. Needless to say we have it so bad we were homeless or even pawn things; this is the 1 thing in my life I can never forgive my mother for. I had to work since 16 with everyone in my household just to stay alive. When we have nothing left to give did my relatives declare bankruptcy. By then I was 24, already gave up on my dream in pre-med to get a computer science degree (quickest to obtain) just to join the workforce. I carried my family's $100k [remaining] debt by that time and in 2 years it's finally paid off. From then on I climb the [corporate] ladder and now at 35 yrs old I'm making $90k and my mom living relatively comfortable; she retired 5+ years ago. I think I live somewhat frugal but my mom thinking I'm making 7 figures or something because she spends money here or there thinking it's a necessity when it's not. It's not large amounts but it all adds up and it infuriated me because I need to remind her at times the hardships we endured back then. Plus I have aspiration to make more money but I don't or won't have much to invest if she keep spending like this 😫 I've already reached the height of my earning at my job. Just 5 more years and I make $100k but won't go any further. I also hate that 9-5 job now because I feel like I'm a cog in a wheel, I have obtained financial stability out if necessity but what I really want is financial freedom. I think a lot of people who are jobless would kill for my position but I'm also sure people in my position or have their own business would crave what I crave 🤔 $30k is all I have as savings aside my house, 401k, and a car. $30k ain't small but it ain't much either to quickly flip that to 6 figures or more. I just feel impatient on growing my money, I don't want to wait till I'm close to retirement before having said freedom 😭
Who was first, Mr. Burns from the Simpsons or Mr. Wonderful?
Paratrooperlane 😂
The most interesting man in the world is also one of the hardest working! Thank you for making the time to put these videos out, your CZcams followers very much appreciate it!
Keep on Jamming Mr. Wonderful!
-Sam
I learned that lesson. Blind trust in family is a problem.
Only person you can trust is yourself...and maybe a reputable financial advisor!
Kevin O'Leary yes this is definitely true. My case involved getting into business with family and essentially trusting them with money and credit.
@@Albanianguy9 sometimes not a very good move. Everyone has to live and learn!
I love Seiko brand. My dad bought for me my first Seiko watch that’s a silver watch with a rectangle crystal face in Japan when I was 13 years old. It’s very strict in the public schools in Japan. At that time no students, who went to Junior or Senior High School, were not allowed to wear watches, makeup or even colored socks, but wearing uniforms, the Seiko watch was so precious to me. It’s the kind that you have to wind it. It still works after 30 plus years!!! I’m so happy to know you love Seiko and adore it! ❤️
Funny how u make this video a couple days ago my cousin called me to borrow $2000
Bruh🤣🤣🤣🤣
I have learned that doing business with family is a huge gamble that is not worth the risk or time.
Family will make unreasonable demands and expect your undivided attention.
I love my mom, but holy crap did I make a mistake agreeing on doing some renovations to her house.
I made it extremely clear up front that this is not something that will be done in two weekends. Unfortunately, I have had had a lot of delays. I got covid, my wife's mom passed, my daughter caught covid, working all week, etc. Its been stressful.
But with family, nothing matters but what they want.
Such an amazing person, hope to one day have a drink!
My favorite shark! He does have the softest heart. He's the first to get teary-eyed during sad presentations.
You should shave in the shower. Install a mirror in the shower wall. It's just easier that way to wash everything off
That’s how I shave. In the shower
Mr Wonderful, thank you very much, your best advise, not being rude, was the little trimmer!!
Thank you
Hahahah that brushing job😂
Mr. Wonderful you are a legend and a huge role model. Keep up the content. Youre really making a difference!
Mr Wonderful, do you have A Lange & Soehne?
what is that?
@DiscoFalcon Oh I see. Sounds like a very lucrative deal. Make $$$$ now!
Writing can be learned some people have a natural gift for word alignment, and some have to learn it over time. But good stories come from life's experiences or noticing others particular life experiences. The more you read I believe the better your writing can be.
Now That I am Rich... My family is Dead to Me
Lol
Lmfaooooo
Good that’s what I’m going to do
Damn bro edgy
yeah I just retired at 41 now that family knows I have real money, problems started... passive aggressive behavior constantly, or outright asking for money. One called me greedy for not giving them $4k...
Appreciate you Mr. Wonderful. I needed this positive reinforcement today. At work trying to think bigger and do more.
14:45 Lemme guess, you own shares in Seiko!
Grand Seiko makes absolutely amazing watches. That's not even an endorsement he's just stating a fact.
Doing questions while getting ready in the morning, time compounding 101!