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"How To Make Your First Million"
Benzinga
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yesterday
Kevin O’Leary just revealed what most entrepreneurs overlook: the first $10,000 matters more than chasing a million. In this short video, we explain why solving one real problem — not overthinking — is the key to real business growth.
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00:00
Want to make a million dollars? Kevin O'Leary says you're starting with the wrong number.
00:04
In a recent video, the Shark Tank investor dropped a truth bomb. He said, quote,
00:08
the fastest way to make a million dollars is to make your first 10,000. Why? Because that first
00:14
10,000 proves one thing. You solved a real problem. Forget chasing big numbers. Start by
00:20
filling a small need that saves people time or money. In O'Leary's words, people don't want to
00:25
walk around barefoot, so they buy shoes. Find that kind of pain point and people will pay.
00:31
Sure, it's crowded. In 2023, 5.2 million Americans launched businesses, but nearly 90% of startups
00:37
still fail, mostly because they solve nothing that people care about. So yeah, 10,000 might not sound
00:43
like much, but it's the moment that your idea stops being a dream and starts being a business.
00:49
Start small, solve one real problem, and don't stop until you've got the proof that people will pay.
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