{"id":18178,"date":"2026-08-30T10:51:25","date_gmt":"2026-08-30T10:51:25","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=18178"},"modified":"2026-08-30T10:51:25","modified_gmt":"2026-08-30T10:51:25","slug":"canadian-billionaire-kevin-oleary-gives-a-blunt-warning-to-startup-founders-cut-losses-and-avoid-spending-more-money-on-businesses-that-are-not","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=18178","title":{"rendered":"Canadian billionaire Kevin O\u2019Leary gives a blunt warning to startup founders: Cut losses and avoid spending more money on businesses that are not"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-133627123,imgsize-90562,width-400,height-225,resizemode-4\/billionaire-kevin-oleary.jpg\" alt=\"Canadian billionaire Kevin O\u2019Leary gives a blunt warning to startup founders: Cut losses and avoid spending more money on businesses that are not\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Canadian billionaire and former Shark Tank investor Kevin O\u2019Leary has delivered a sharp warning to startup founders, according to a report by Benzinga. O\u2019Leary has urged the startup founders to recognise their failure early and avoid pouring more money into businesses that are not working.<!-- --> Sharing his advice on X, O\u2019Leary said: \u201cThe worst mistake you can make as an entrepreneur is refusing to admit when something has failed.\u201d O\u2019Leary also cautioned that continued spending cannot turn an unsuccessful concept into a viable business. \u201cBad ideas do not become good ideas just because you keep throwing more money at them,\u201d he wrote. Instead, he advised founders to embrace losses, learn from them, and move on. <!-- -->He added: \u201c80% of startups fail. You cannot cry about every one.\u201d<span class=\"id-r-component br\" data-pos=\"6\"\/><\/p>\n<p><h2>Kevin O\u2019Leary\u2019s warning to startup founders<\/h2>\n<\/p>\n<p>O&#8217;Leary shared his advice on X, arguing that one of the costliest mistakes entrepreneurs make is refusing to acknowledge when a business has failed. He said the single worst mistake an entrepreneur can make is denying that something has already failed.<span class=\"id-r-component br\" data-pos=\"9\"\/>O&#8217;Leary was equally direct about the limits of persistence, warning that no amount of continued spending can turn a fundamentally flawed business idea into a viable one \u2014 bad ideas, he said, don&#8217;t become good ideas just because more money keeps getting thrown at them. His advice for founders facing that reality was simple: accept the loss, extract the lesson from it, and move forward.<span class=\"id-r-component br\" data-pos=\"13\"\/>O&#8217;Leary also put the stakes in blunt statistical terms, noting that roughly 80% of startups fail, and that founders can&#8217;t afford to mourn every single one.<span class=\"id-r-component br\" data-pos=\"15\"\/>\u201cThe worst mistake you can make as an entrepreneur is refusing to admit when something has failed. Bad ideas do not become good ideas just because you keep throwing more money at them. <!-- -->Embrace the loss, learn from it, and move on. 80% of startups fail. You cannot cry about every one,\u201d wrote O\u2019Leary.<span class=\"id-r-component br\" data-pos=\"19\"\/><\/p>\n<p><h2>Lessons from other startup leaders<\/h2>\n<\/p>\n<p>O&#8217;Leary&#8217;s comments join a string of recent public advice from prominent entrepreneurs and investors aimed at founders navigating early-stage decisions.<span class=\"id-r-component br\" data-pos=\"23\"\/>Y Combinator co-founder Paul Graham has said founders often struggle to accurately judge their own startup&#8217;s performance, largely because first-time entrepreneurs lack real benchmarks for comparison \u2014 he has pointed to growth rate as one of the clearest available measures of whether a startup is actually succeeding.<span class=\"id-r-component br\" data-pos=\"26\"\/>Coinbase CEO Brian Armstrong has encouraged founders to pursue genuinely difficult problems rather than easier, lower-ambition ones, arguing that harder problems tend to attract less competition and make it easier to recruit talented people. Armstrong has also advised entrepreneurs to work backward from their long-term vision while identifying an early, realistic path to their first dollar of revenue.<span class=\"id-r-component br\" data-pos=\"28\"\/>Amazon founder Jeff Bezos has offered a different angle, advising aspiring entrepreneurs to first gain experience at an already-successful company before launching a business of their own. Bezos has said that learning foundational skills \u2014 like how to hire and interview effectively \u2014 at a well-run organization can meaningfully improve a future founder&#8217;s odds of building a successful startup.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/technology\/tech-news\/canadian-billionaire-kevin-oleary-gives-a-blunt-warning-to-startup-founders-cut-losses-and-avoid-spending-more-money-on-businesses-that-are-not\/articleshow\/133627120.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian billionaire and former Shark Tank investor Kevin O\u2019Leary has delivered a sharp warning to startup founders, according to a report by Benzinga. O\u2019Leary has urged the startup founders to recognise their failure early and avoid pouring more money into businesses that are not working. Sharing his advice on X, O\u2019Leary said: \u201cThe worst mistake [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-18178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Canadian billionaire and former Shark Tank investor Kevin O\u2019Leary has delivered a sharp warning to startup founders, according to a report by Benzinga. O\u2019Leary has urged the startup founders to recognise their failure early and avoid pouring more money into businesses that are not working. Sharing his advice on X, O\u2019Leary said: \u201cThe worst mistake [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":3,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/billionaire-kevin-oleary.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/18178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18178"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/18178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/18179"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}