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Shark Tank’s Kevin O’Leary: The U.S. Government is crushing entrepreneurs

Nicole Goodkind, Yahoo Finance, Released on 11/4/14

“We need to make our economy competitive again, like it was 20 years ago,” says O’Leary. “We’ve put so much regulatory patina over our economy…we’ve burdened entrepreneurs in every state with so many rules and regulations that they can’t compete.”

Kevin O’Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering 3.7 billion dollars, one of the largest deals ever done in the consumer software industry. To keep his money working hard, he took control of his wealth from his lackluster money managers and founded his own mutual fund company, O’Leary Funds. He raised hundreds of millions of dollars from investors who share his “get paid while you wait” yield oriented, value investing philosophy. He is a venture capitalist on the Canadian television show Dragons’ Den as well as a shark on the United States’ version of Dragons’ Den, Shark Tank, which airs on ABC. Kevin has authored 2 books: Cold Hard Truth: On Business, Money & Life and The Cold Hard Truth On Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them.

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