Kevin O'Leary reacts to 4 impromptu 'Shark Tank' style pitches from Olympic athletes: 'Don't do it' (via CNBCMakeIt)
Over the course of his business career, Kevin O'Leary has learned that running a successful company requires a relentlessly dedicated mentality – similar to that of elite athletes.
So when we asked four athletes from Team USA what they'd pitch as a business if they were on a reality show like "Shark Tank," Mr. Wonderful himself, Kevin O'Leary, was game to give his take on their ideas — just for fun. O'Leary was particularly enthused because he's worked with an Olympian before: He co-founded O'Shares, his ETF investing firm, with former Olympic skier Connor O'Brien. Elite athletes already have some attributes of successful entrepreneurs, O'Leary says.
"It's so hard to become an Olympic athlete, in terms of dedication," he tells CNBC Make It. "You need that kind of discipline and focus to actually go to work and realize how hard it is [to] become an entrepreneur."Hockey player Brianna Decker"My dad actually came up with the idea a couple weeks ago. You know how they have, like, Sleep Number beds? They should have Sit Numbers, where you can change the firmness of couches and chairs.
"I want to sell my tomato sauce – jar it, can it, send it all over the country. My mom taught me how to make it, and my grandmother taught her to make it. Since it's a family recipe, I think it would be cool to share that with the world.""Don't do it. There are so many sauces and so many grandmothers and so many secret recipes. That market is saturated, slow and hard to get into.
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