Shark Tank’s Kevin Harrington shares the story of attending a Halloween party on Richard Branson’s private island and winding up in a wrestling tournament on the beach at 1am. He then talks about how traveling the world helped him grow one of his businesses from $50 Million to $500 Million, and he shares some of his experiences doing business in over 100 countries. He then gives his opinion on the future of remote work, why he believes a location independent infrastructure is so valuable, and why he has transitioned so much of his business towards a virtual model. Kevin then talks about his business mindset and approach the COVID-19 crisis, and he shares tips for how entrepreneurs can not only survive but thrive and grow during this time. Kevin then talks about his new book “Mentor to Millions” and shares his personal experience being mentored by Richard Branson and Zig Ziglar, as well as his experience mentoring others. He then explains his personal productivity practices as well as how he maintains a healthy work-life balance, and how he has decided to permanently change his lifestyle since COVID. Kevin then shares the #1 person with whom he would most like to have dinner, his top 3 favorite travel destinations, and his top 3 bucket-list destinations. FULL SHOW NOTES AVAILABLE AT www.TheMaverickShow.com
Episode #98: Shark Tank’s Kevin Harrington on Building Companies to $100 Million, Thriving During a Crisis, and Winning a Wrestling Tournament on Richard Branson’s Private Island
Episode Summary
Get The Maverick Show's
Monday Minute Newsletter
Kick off each week with 3 personal recommendations from me that you can read in 60 seconds.
About the Guest
Kevin Harrington
Kevin Harrington was one of the original “sharks” on the hit TV show Shark Tank. He was also the creator of the infomercial, the pioneer of the As Seen on TV industry, and the co-founding board member of the Entrepreneur’s Organization (EO), founded in 1987. His legendary work behind the scenes of business ventures has produced more than $5 billion in global sales, the launch of more than 500 products, and the making of dozens of millionaires. He has worked with celebrities turned entrepreneurs including Kim Kardashian, 50 Cent, and George Foreman to name a few. Kevin’s been called the Entrepreneur’s Entrepreneur and the Entrepreneur Answer Man, because he knows the challenges unique to start-ups and has a special passion for helping entrepreneurs succeed. Kevin is an investor who advises dozens of companies, both public and private, and is a world-renowned and sought-after speaker. He is the author of the book “Mentor to Millions” and teaches entrepreneurship on a daily basis.
What You'll Learn
- The Keys to Building Companies to Over $100 Million in Revenue
- How World Travel Enabled Kevin to Grow His Business from $50m to $500m
- The Keys to Thriving During a Crisis like COVID-19
Links From the Episode
Disclosure: This page contains affiliate links. If you click through any links and make a purchase, you should assume that Maverick will receive financial compensation (at no additional cost to you). We greatly appreciate you using our affiliate links because it helps to support the show and cover production costs of the podcast.
GET KEVIN’S NEW BOOK (AND THE BONUSES)
TV SHOW KEVIN WAS ON
PEOPLE MENTIONED IN THIS EPISODE
#1 PERSON WITH WHOM KEVIN MOST LIKE TO HAVE DINNER
TOP 3 FAVORITE TRAVEL DESTINATIONS
TOP 3 BUCKET-LIST DESTINATIONS
OTHER PLACES MENTIONED IN THIS EPISODE
CONTACT KEVIN
Time Stamped Show Notes
[0:52] Kevin Harrington’s Bio and Background
[4:06] Winning a Wrestling Tournament on Richard Branson’s Private Island
[6:33] How World Travel Changed Kevin’s Life and Business
- Growing his company from $50 Million to $500 Million by opening up global markets
[9:06] The Importance of Location-Independent Entrepreneurship and Remote Work
- Why Kevin has transitioned his businesses to a remote, virtual infrastructure
- How Kevin sits on 9 public boards remotely
- Why Kevin thinks location-independent businesses are such an important model
[12:36] Kevin’s Advice for Thriving During COVID-19
- How Kevin approached the COVID-19 crisis from a business perspective
- How Kevin was able to adjust strategy and increase revenue during COVID-19
- Kevin’s lessons from the impact of the Gulf War on his businesses in the early 90s.
- How one of Kevin’s company went from $300 million to $1.7 Billion in 5 months during COVID
- The importance of “following the puck”
[17:58] The Key to Building Companies to over $100 Million in Revenue
- The unique characteristics of Kevin’s 20 companies that topped $100 Million in revenue
- Kevin’s focus on “unique problem solvers” and “magic transformations”
[19:38] Kevin’s new book “Mentor to Millions”
- Kevin’s experience working with his mentors
- Why Kevin wrote the book and why it’s so relevant now during COVID-19
- How to find mentors, be a good student and turbo-charge your business with mentorship
[22:07] Kevin’s Personal Productivity Techniques and Work-Life Balance
- The importance of focus
- Optimizing the business equity already in hand
- How Kevin has chosen to change his work-life balance post-COVID-19
[25:45] The Lightning Round
- The #1 person with whom Kevin would most like to have dinner
- Kevin’s top 3 favorite travel destinations of all time
- Kevin’s top 3 bucket list destinations
[28:23] How to Contact Kevin and Get His New Book
- How to get a free mentoring session along with the book
- How to follow Kevin on social media
