“If they say, ‘I have three kids,’ I don’t care,” says Kevin O’Leary. It claims 70% of its revenue comes from women-led companies. Here’s why

Kevin O’Leary, aka “Shark Tank’s” Mr. Wonderful, recently shared an unexpected statistic that caught everyone’s attention – in the venture space, 70% of his revenue comes from companies led by women. He claims there is a good reason for this.

O’Leary has openly said that he has learned a lot over the years about where to put his money for the best returns, and his experience has led him to an interesting conclusion – investing in women-led businesses pays off.

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He explained that women entrepreneurs often have a strong focus on risk management and the ability to navigate complexities in ways that really resonated with him as an investor.

“If they say, ‘I have three kids,’ I don’t care,” O’Leary said. For him, the fact that women have multiple responsibilities is a testament to their ability, not a deterrent.

He recognizes that women often balance a lot, whether it’s work, family or leading a team, and sees this as a great asset in business. “If you want something done, give it to a busy mother. They balance a lot of things in their lives,” he exclaimed.

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One of the key reasons for the high profitability of women-led companies is their ability to manage risk. He described how women are generally more cautious about growing their companies. They make smart, deliberate decisions rather than opting for the high-risk, high-reward game. “They understand risk reduction,” O’Leary said. This means they are less likely to make rash decisions, which helps the companies they lead stay on course, even in tough times.

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Another reason O’Leary likes to invest in women-led ventures is their tenacity. He shared a story about a female entrepreneur who refused to leave the “Shark Tank” set without securing her investment. Although he initially doubted her business, her persistence won him over. “He had balls,” O’Leary began to explain vividly, “he just wouldn’t stop and I thought, if he’s doing this to me, what’s he going to do when he gets out there in the real world? She’s a killer.”

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That company ended up being one of his most profitable investments. For O’Leary, the passion and drive of female entrepreneurs often translates into great results for investors.

He added that in his experience, women have an incredible ability to execute and get things done, even when faced with challenges.

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This article “If I say, ‘I have three kids,’ I don’t care,” says Kevin O’Leary. It claims 70% of its revenue comes from women-led companies. Here’s why it originally appeared on Benzinga.com

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