Kevin O'Leary delivers blunt-force business and personal finance advice on an upcoming episode of the digital game show "Rent Free" with Ankur Jain, CEO and founder Bilt Rewards. Entrepreneurs "deserve to burn in hell in perpetuity" for ignoring his most critical suggestion, the no-nonsense celebrity investor says to Jain at one point — while most Americans "don't need a lot of the crap they buy." "Mr.
O'Leary lists key metrics that all entrepreneurs need to know about their business idea before bringing it to savvy investors. "How big is the market? How fast is it growing? How many competitors are there? What’s the break-even analysis? What’s the cost of customer acquisition?" O'Leary believes a brilliant idea and the execution skills to match deserve only damnation without solid answers to all these bottom-line questions.
Source: News Formal (newsformal.com)
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