Posted on 07/20/2025 5:30:36 AM PDT by dennisw
https://www.youtube.com/shorts/acNba5HiGNw
Kevin O’Leary is a Canadian entrepreneur, investor, author, and television personality best known for his sharp, no-nonsense persona on business reality shows like Shark Tank and Dragons' Den. Nicknamed "Mr. Wonderful," O’Leary co-founded SoftKey Software Products, which later became The Learning Company and was sold to Mattel for over $3 billion. He is the founder of O'Leary Funds and O'Leary Financial Group. Known for his blunt advice and tough-love approach, he emphasizes financial discipline, entrepreneurship, and investing. Beyond television, O’Leary is a public speaker and commentator on economic issues, helping millions better understand money, business, and leadership.
(Excerpt) Read more at youtube.com ...
Watch Original Podcast : https://www.youtube.com/watch?v=MBmoPyvZ_4c (Top 3 Tips That Changed My Life Forever)
Watch Original Longer Podcast : https://www.youtube.com/watch?v=MBmoPyvZ_4c (Top 3 Tips That Changed My Life Forever)
Thanks for posting this video clip.
We used to have a saying from rags to riches to rags in three generations. It’s a challenge to get that next generation to be ambitious when they are spoiled.
“””We used to have a saying from rags to riches to rags in three generations.”””
I saw it many times in the construction biz. The third generation kids have no idea what hard work is.
Very interesting, thanks for posting. Well worth the click.
Excellent vid ... excellent advice.
Exactly right. The silver spoon effect. Being spoiled destroys any sense of motivation or ambition.
The reason for such a pattern is the failure of parents to teach their kids to have ambition, develop skills and good habits, and to think about and plan what they want to accomplish and how they intend to support themselves and progress in life. The rich have the handicap of assuming that successful family history and the necessary attitudes and ways of thinking are transmitted by example. Often, that does not happen, and parents instead have to actively teach their kids.
There are all kinds of examples of generational wealth wreckage.
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