Shark Tank's Mr. Wonderful Prefers Entrepreneurs Who Understand Their Weaknesses

Jack of all trades? "Shark Tank’s" Kevin O’Leary doesn’t believe it.

“What I’ve really learned is when you see someone come to you and tell you they can do it all, they’re so full of shit,” O’Leary told Benzinga. “It’s so not true. Everybody has a weakness. Everybody has something they’re not good at.”

Great entrepreneurs, he said, don’t deny their weaknesses. They embrace them.

“They know what they can’t do, and they augment with a team approach,” O’Leary said. “They get up in the morning and they look at themselves and they say, ‘I know I can’t do that. I’m going to find somebody who can.’ Those are great teams….I smell success when I see that.”

Related Link: Kevin O'Leary Taunts His Kids With Gold Bricks

But even the most self-aware, those who admit inadequacy and defer to experts, still encounter failure.

Toygaroo — “the Netflix of toys” — was O’Leary’s greatest. And to that, he said, “It just happens.”

O’Leary recently headlined the first “Benzinga Leadership Series” talk, titled “From the Basement to Billions: the Kevin O’Leary Story” at Benzinga’s office in downtown Detroit.

O'Leary will present one of the keynote addresses at the third annual Benzinga Global Fintech Awards, which will be held May 11 at Tribeca 360 in New York City.

If you’re looking for cool fintech startups and access to top financial institutions, and are sick of attending stuffy corporate conferences, the Benzinga Global Fintech Awards is the event for you. From its first year in 2015, the competition grew to over 250 applicants and over 500 attendees in 2016.

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