077 | Top 3 Tips About Financing A Venture from Kevin Harrington from Shark Tank

077 | Top 3 Tips About Financing A Venture from Kevin Harrington from Shark Tank Kevin Harrington has been a successful entrepreneur over the last 40 years.  He is an Original Shark on the ABC hit, Emmy winning TV show, "Shark Tank." He is also the Inventor of the Infomercial, As Seen On TV Pioneer, Co-Founder of the Electronic Retailers Association (ERA) and Co-Founder of the Entrepreneurs' Organization (EO). Kevin has launched over 20 businesses that have grown to over $100 million in sales each, has been involved in more than a dozen public companies, and has launched over 500 products generating more than $5 billion in sales worldwide with iconic brands and celebrities such as Billy Mays, Jack Lalanne, Tony Little, and George Foreman. The true value of Kevin is not only the 40 years of his knowledge of building businesses but also what he can do for other companies in many industries with his global Rolodex and his ability to solve problems. To learn more about Kevin, please visit www.KevinHarrington.tv. Do you consider yourself curious? Are you someone who spends their time exploring and learning new ideas, or are you happy to do the same thing day after day? This week's guest, Kevin Harrington, one of the original Sharks, believes that curiosity is the key to any business growth. He is a hugely successful entrepreneur and he attributes all of his success to the curiosity that his father, his mentor, instilled in him. Kevin never sits around waiting for a new deal or new product to come to him, he goes out there, travels all over the country to different trade shows, looking for the next new thing. Dive deep into curiosity overload. Never stop learning and questioning things which allow curiosity to be the main driver of your business. If you've ever wondered what led to the massive success of Kevin Harrington, then this episode of Success Unfiltered is a MUST LISTEN! Enjoy, and thank you for listening and tuning into Success Unfiltered! To share your thoughts: Email The Pitch Queen @ [email protected] Ask a question over at www.ThePitchQueen.com Share Success Unfiltered on Twitter, Facebook, Instagram, & LinkedIn To help the show out: Please leave an honest review on iTunes. Your ratings and reviews really help and I read each one. Subscribe to the show on iTunes. Special thanks goes out to Kevin Harrington for taking the time to chat with Michelle. Be sure to join us next week for our next new episode! P.S. Do You Freeze Like A Deer In Headlights When It's Time To Ask For The Sale? If you know that you can change someone's life with your product or service, but you can't bring yourself to ask the big question, this is for YOU! Don't let fear stop you from sharing your gifts and changing people's lives! Click here for "5 Ways To Close More Deals (And Change More Lives)" and start asking with confidence and consistency TODAY! Here are a few key secrets we talked about in this episode: Michelle introduces Kevin Harrington. Kevin shares that despite having a business that was making $50M a year, $5M of which was profit, banks still did not want to extend him a line of credit. In order to get the financing he needed, Kevin needed to hire someone to teach him how to speak with bankers in a way that would get him financing. Kevin shares that financing isn't about how good your business is doing, it's all about how well you communicate your vision and your plan for payback. Kevin shares three things that improved the way he spoke with financial institutions. One of the biggest struggles that Kevin sees in aspiring entrepreneurs is "Selfish Entrepreneur Syndrome." He shares what that is, in this episode! Are you familiar with the company, Beachbody? It's creator, Carl Daikeler worked for Kevin and was a visionary entrepreneur. Kevin believes that his biggest NO happened because he missed out on the chance of being a part of Beachbody. Listen to hear the full story! Kevin shares how having curiosity overload, and never waiting for deals to come to him has led to his massive success. Michelle asks Kevin how he keeps himself from getting burnt out and Kevin shares that he loves to keep things mixed up in life and in business, so that he remains energized and alert.   The biggest mistake that Kevin ever made was not adopting the continuity model in his business sooner. They targeted big purchases from lots of different individuals, thankfully that has since changed in Kevin's business. It took Kevin years to get to the continuity model and it cost his business hundreds of millions of dollars. See, even hugely successful entrepreneurs experience massive mistakes! Kevin shares what he would tell his younger self. Connect with Kevin Harrington: Kevin's Website Facebook Twitter Instagram LinkedIn P.S. Do You Freeze Like A Deer In Headlights When It's Time To Ask For The Sale? If you know that you can change someone's life with your product or service, but you can't bring yourself to ask the big question, this is for YOU! Don't let fear stop you from sharing your gifts and changing people's lives! Click here for "5 Ways To Close More Deals (And Change More Lives)" and start asking with confidence and consistency TODAY! Music produced by Deejay-O  www.iamdeejayo.com