{"id":1948029,"date":"2023-06-15T12:23:02","date_gmt":"2023-06-15T16:23:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shark-tanks-mr-wonderful-gives-woke-companies-free-lesson-in-business\/"},"modified":"2023-06-15T12:24:45","modified_gmt":"2023-06-15T16:24:45","slug":"shark-tanks-mr-wonderful-gives-woke-companies-free-lesson-in-business","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shark-tanks-mr-wonderful-gives-woke-companies-free-lesson-in-business\/","title":{"rendered":"Mr. Wonderful from Shark Tank educates woke companies on business for free."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fshark-tanks-mr-wonderful-gives-woke-companies-free-lesson-in-business%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1948029&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Shark Tank Star Kevin O&#8217;Leary Rejects Mark Cuban&#8217;s &#8220;Woke&#8221; Business Strategy<\/h2>\n<p>In a fiery exchange, Kevin O&#8217;Leary, star of the hit show Shark Tank, dismissed co-star Mark Cuban&#8217;s belief that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shaun-mccutcheon-truth-socials-opportunity\/\" title=\"Shaun McCutcheon: Truth Social\u2019s Opportunity\">embracing woke culture<\/a> is beneficial for businesses. O&#8217;Leary took the opportunity to school companies like Target and Bud Light on the true nature of successful business practices.<\/p>\n<blockquote>\n<h3>The Numbers Don&#8217;t Lie<\/h3>\n<p>Contrary to Cuban&#8217;s claims, the evidence suggests otherwise. Both Bud Light and Target have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shark-tanks-mr-wonderful-gives-woke-companies-free-lesson-in-business\/\" title=\"Mr. Wonderful from Shark Tank educates woke companies on business for free.\">experienced significant setbacks due<\/a> to their alignment with woke culture. Bud Light&#8217;s sales have plummeted by 24% compared to last year, while Target has suffered a staggering loss of nearly $15 billion in market capitalization.<\/p>\n<\/blockquote>\n<p>O&#8217;Leary, known for his no-nonsense approach, didn&#8217;t hold back when expressing his disagreement with Cuban. &#8220;Mark is a little bit country on this issue. I&#8217;m a little bit Rock and Roll,&#8221; O&#8217;Leary quipped during an interview with Fox &#038; Friends.<\/p>\n<p>The financial consequences of going woke and going broke are severe, O&#8217;Leary emphasized. Shareholders bear the brunt of billions of dollars lost in market capitalization, and Bud Light&#8217;s unprecedented decline in market share serves as a stark reminder of the risks involved. Despite their differences, O&#8217;Leary assured that he and Cuban remain good friends.<\/p>\n<p>For O&#8217;Leary, business is all about the bottom line. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-secretary-of-state-madeleine-albright-dies-at-84\/\" title=\"Former Secretary of State Madeleine Albright Dies at 84\">painful lessons learned<\/a> by companies like Disney, beer companies, and Target should serve as a wake-up call for boards of directors and CEOs. &#8220;You want to sell everybody everything all of the time,&#8221; O&#8217;Leary explained. &#8220;When you get involved in partisan issues, you basically lose 50% of your constituency.&#8221;<\/p>\n<p>According to the Canadian businessman, this loss should be the last thing any corporation desires. The role of a business, O&#8217;Leary argued, is to serve its customers, employees, and shareholders, not to take on the role of societal educators. The impact of such missteps can be measured in real-time through stock prices, as evidenced by the billions of dollars in market capitalization lost.<\/p>\n<p>&#8220;When you lose $9, $10, $11, $12 billion of market cap, you know that you&#8217;ve offended somebody, and that person is your customer. That&#8217;s bad business. Really bad business,&#8221; O&#8217;Leary concluded.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">Click here<\/a> to read more from The Washington Examiner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shark Tank&#8217;s Kevin O&#8217;Leary disagreed with Mark Cuban, rejecting the idea that being woke benefits businesses. O&#8217;Leary highlighted that the majority of the top 10 US market cap companies are considered woke, emphasizing its positive impact on business.<\/p>\n","protected":false},"author":1,"featured_media":1948030,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[4284,6997,28719,4089,9976,10267,5907,5558,10628],"class_list":["post-1948029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-business","tag-companies","tag-educates","tag-free","tag-mr","tag-shark","tag-tank","tag-woke","tag-wonderful"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1948029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1948029"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1948029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1948030"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1948029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1948029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1948029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}