Kevin O'Leary - Wikipedia. Terence Thomas Kevin O'Leary (born 9 July 1. Canadian businessman, investor, writer, financial commentator, and television and radio celebrity. He previously served as a commentator on Canada's CBC Television and CBC News Network, on the programme The Lang and O'Leary Exchange and hosted Redemption Inc. He later went on to co- found Special Event Television, a moderately successful television production company that produced original sports programming such as . Soft. Key became a major force in the global educational software industry, where during the late 1. Compton's New Media, The Learning Company and Br. See more about Dragons Den, Guided Reading and Informational. Guided Reading (and More) Ideas and Resources. Elementary Library Ideas Reading Month Activity Reading Month Themes Reading Month Idea Summer Reading Program. Ooka Island's game based, learn to read program teaches children the five foundational reading skills needed to become a confident reader. Dragons Den Reading Game - Did Ooka Island get a deal on CBC's Dragons' Den? Ooka Island Adventure is a fun Learn-to-Read Game for Kids Ages 3 - 7. At SunriseWeb.ca we are very excited because we are preparing for the Dragons Den airing of the Ooka Island Reading Adventure. The best part is that Dragons Den is offering 50% off their reading program in conjunction. Terence Thomas Kevin O'Leary 9 July 1954 (age 62) Montreal, Quebec. Since 2009 he has been a shark on the American version of Dragons' Den, Shark Tank. O'Leary helped propel the company into the world leader in the development of educational, reference, and home productivity software, garnering annual sales of over $8. Soft. Key later changed its name to The Learning Company and was acquired by The Mattel Toy Company in 1. O'Leary a multimillionaire in the process. Bukalam was employed at the general store of an uncle in Cobalt, Ontario and then worked as a roving salesman. He later married O'Leary's maternal grandmother, who was from the same village as Joseph, and had four children. Bukalam moved to Montreal and established Kiddie Togs, a clothing store that made children's clothing. His mother later married an economist who worked with the UN's International Labour Organization. He spent time in Cambodia, Tunisia, and Cyprus, where he learned about world cultures. Despite being a seamstress, Georgette was a skilled investor, investing a third of her weekly paycheque in large cap dividend- paying stocks and interest bearing bonds, ultimately achieving high end returns in her investment portfolio. Since Georgette kept her investment portfolio a secret, O'Leary only discovered his mother's skill as executor of her estate after she died. One was to save one- third of your money, spend only the interest while protecting the principal. This lesson is what O'Leary would later employ decades later with his mutual fund management company, O'Leary Funds. During his second day of work, the store owner commanded Kevin to get down on his knees and scrape the gum off the floor. Kevin states that he did not even know what the word . Minutes later he was on his bicycle on his way home ashamed and in shock that someone else could have that kind of control over him. O'Leary has stated that the impact of this experience still guides him in his business decisions to date and since then he has made a personal conviction to be self- employed for the rest of his life. However, his step- father advised that being a photographer was not a financially viable and stable career path; only a small percentage of photographers achieve fame and fortune, or even have a stable income. Taking a reality check and refocusing his career options, he was unwilling to take the risk of a second job to support his dreams. O'Leary then put his artistic aspirations on hold to attend university at the insistence of his father. In addition, O'Leary agreed to let Western use his documentary as a recruitment tool which later became a huge success that set him apart from his classmates upon graduation. In addition, O'Leary cites the success as giving him the necessary skills for one of his first business ventures, Special Event Television. Business career. He was then picked for a four- month stint at Nabisco, a food conglomerate headquartered in downtown Toronto. Kevin worked briefly as an assistant brand manager for their cat food, after earning the position from his summer internship. His main task was to increase market share for Nabisco's biggest cat food brand. With two of his former MBA classmates, Scott Mackenzie and Dave Toms (both of whom had assisted on O'Leary's MBA documentary), O'Leary co- founded Special Event Television (SET). The company achieved limited success with minor television shows, soccer films, sports documentaries, and short in- between- period commercials for local professional hockey games. A major financial backer committed $2. This predicament ultimately left O'Leary devastated, and desperate for extra rounds of funding to support the fledging business. Because of this, he learned the critical lesson of always having more than one source of financing available when starting a new business. Softkey was started in a Toronto basement in 1. John Freeman and Gary Babcock. To obtain distribution, O'Leary approached printer manufacturers about bundling the program with their hardware. The gambit worked, and the company developed many educational software products, primarily focused on mathematics and reading. Softkey products typically consisted of software intended for home audiences, especially compilation discs containing various freeware or shareware games packaged in . O'Leary was an aggressive promoter of the company's products and garnered a reputation for being fanatical over the company's control of their market share. Reading through daily market share data, O'Leary would often become insensitive towards his partners if the company even slipped a single point in one category. O'Leary's brutally blunt and demanding demeanor, and fierce drive resulted in Softkey wiping out competitors via acquisitions and scrapping products in these companies' software portfolios that didn't sell. By 1. 99. 4, Softkey had become a major consolidator in the educational software market, acquiring rivals such as Word. Star and Spinnaker Software. In 1. 99. 5, Softkey acquired The Learning Company (TLC) for $6. By now the headquarters for Softkey International were headquartered in Cambridge, Massachusetts and in 1. Softkey International changed its name to The Learning Company. TLC grossed more than USD$8. USD$1. 05 million and losses over the previous two years. In 1. 99. 9, TLC and its 4. Mattel in a $3. 8 billion stock swap. The purchase by Mattel was later called one of the most disastrous acquisitions in history. Following the acquisition, Mattel experienced a USD$1. US$5. 0- million profit. This caused Mattel's stock to crash, wiping out USD$3 billion of shareholder value in a single day. Mattel's shareholders later filed a class- action lawsuit accusing Mattel execs, O'Leary, and former TLC CEO Michael Perik of misleading investors about the health of TLC and the benefits of its acquisition. The lawsuit alleged TLC used accounting tricks to hide losses and inflate quarterly revenues. O'Leary and his defendants disputed all of the charges, and none of the allegations were proven in court. Mattel paid $1. 22 million to settle in 2. O'Leary primarily blamed the financial meltdown on the culture clash between the two companies. Along with backers from Citigroup, O'Leary unsuccessfully attempted to purchase the video game company Atari. At the same time, O'Leary made plans to start a video- gaming television channel which never came to fruition. O'Leary learned of the opportunity through Toronto entrepreneur Reza Satchu, and invested $5. They were acquired by In Storage REIT in March 2. In May 2. 00. 5, a $1. O'Leary, stating O. Genstar Capital appointed O'Leary to its Strategic Advisory Board to seek new investment opportunities for its $1. He is the company's chairman and lead investor, while his brother Shane O'Leary serves as the director. O'Leary described his investment objectives for the fund with two ideas: yield and capital preservation. The fund utilizes O'Leary's value- yield style of investing and the fund has seen its assets under management grow from $4. By 2. 01. 2, under the direction of O. On October 1. 5, 2. O'Leary Funds was sold to Canoe Financial, a private investment management company owned by Canadian businessman W. Brett Wilson, who once sat alongside as a fellow investor with O'Leary on CBC. When the Canadian economy fell into a technical recession during the first couple of months of 2. O'Leary advised investors to continue to place their money into Canadian equities, despite pessimism from economists. He continues to remain bullish on the growth of the Chinese economy and stock market, despite a sell off by Chinese investors throughout late July 2. He shares his secrets, experiences, insights, and lessons on entrepreneurship, business, finance, money and life, as well as advice for budding entrepreneurs. It focused on financial literacy and financial education as a foundation for achieving great wealth. Money management techniques, common money mistakes, and developing financial freedom are each targeted toward a specific stage in a person's life. O'Leary also focuses on the obstacles of raising a family while working diligently to provide financial security for them. He goes through the stages of a person's life and offers advice related to education, career choices, dating, marriage, raising a family, and retiring. He also shares tips on instilling the value of financial literacy for every family member, saving and investing money, and managing debt and credit. Her family immigrated to Canada, from Lebanon, with no money and later built up a successful clothing business in Montreal. He worked as a co- host for the Discovery Channel's Discovery Project Earth, a show that explores innovative ways to reverse climate change. In 1. 00 years from now, then we can put a carbon tax on, if in fact it stays in place. Since 2. 00. 9 he has been a shark on the American version of Dragons' Den, Shark Tank, which airs on ABC. During his time on the two reality shows, he developed the sarcastic nickname . What can be wrong with this? I celebrate capitalism. Don't tell me that you want to redistribute wealth again, that's never gonna happen .. If you work hard, you might be stinking rich one day. On 1 September 2. O'Leary had joined Bell Media, where he would re- join BNN, serve as a contributor for CTV programs, and as a financial commentator for Bell Media news radio stations. For Final Jeopardy, he was given $1,0. He received a consolation prize of $1. Dragons Den Reading Game - Ooka Island's Pitch. Published on January 2. The Guardian, Charlottetown, PEICharlottetown- based Ooka Island Inc. An encore airing of the program will be shown on Wednesday at 8 p. It is very exciting for our company to have the opportunity to pitch our unique products on the Dragons’ Den and get feedback from some of the most successful business leaders in the country,” said Joelle Mac. Phee, director of reading partnerships for Ooka Island Inc. Mac. Phee said Ooka Island, formed in 2. D technology to develop the only comprehensive early literacy program offered exclusively through technology for children ages three to seven. The readers’ progress through the adventure’s 2. The continuing adventure becomes customized to individual players, who are redirected to activities related to reading skills they have not yet mastered. Ooka Island Adventure products are currently being used in 2. The results speak for themselves. Parents, teachers and school principals have seen drastic improvements in early literacy skills for their students,” said Mac. Phee. With Ooka Island, it is safe to say he was true to form,” said Mac. Phee. Ooka Island Inc. The company was featured in August on Backyard Inventors, a show that travels across Canada in search of everyday inventors with exceptional ideas.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
December 2016
Categories |