Shark Tank investor Kevin O'Leary shared insights regarding team building and how to deal with huge projects via his Instagram. On January 16, 2025, Kevin O'Leary shared how it is essential to set "clear goals" while dealing with multi-billion projects.
While sharing insights, the Shark Tank investor also revealed how to secure power for the data center and how to focus on the "objective."
His reel was captioned under:
"Building a team that gets things done isn't about hand-holding. It's about setting clear goals and getting out of the way. Whether you're dealing with a $12 billion project or securing power for a data center, focus on the objective. Weekly check-ins? Sure. But the key is letting your team own their path to success. It's risky, it's tough, but that's how you win."
Shark Tank investor Kevin O'Leary opens up about team building and more insights
On January 16, 2025, Shark Tank investor Kevin O'Leary opened up about building a "cohesive team" and how to set clear goals. He shared a case study with the help of an example.
"If you want to build a very cohesive team, you have to set goals and let them go do it. So, I don't give you an example in the context of data center development."
He added:
"The first thing you need if you found the land and you've optioned land, you need a power study to work with the local power authorities. That can be a very political. A very tasking thing. Let's say, "I want this study done in eleven months." You don't care how they get it done. You just need it in eleven months because in the schedule of development, you can't develop unless you have the power study. Go figure it out. Then you don't get it their way."
Further in the case study, Shark Tank investor mentioned following up via weekly meetings. That's what he shared about cohesive teams while mentioning another example.
He shared about a project that could cost as much as $1.2 billion and revealed:
"Let's say the project's gonna cost you $1.2 billion. You can't do it unless you've got the power. You have to go for the firm on the land for 90 million bucks before you have the power, which is very risky."
In order to do that, Shark Tank investor mentioned the prime requirement, i.e., teams. To manage everything, separate teams are required with "predetermined costs." He mentioned staying "focused" would get things done, as they won't be changed soon, but with the clear object and goals, he concluded:
"You need the teams that understand that and can maneuver around those realities or extend the option on the real estate at some predetermined cost or whatever it's gonna be...that's great management. That's culture. That's understanding. This is the objective. It's not going to change tomorrow. Stay focused on getting it done."
Fellow investment enthusiasts can find more insights via Kevin O'Leary's social media accounts.
To get more insights from investors, fans can stream the latest Shark Tank episodes on ABC on Fridays at 8 PM.
Your perspective matters!
Start the conversation