How Kevin O'Leary helped this small business owner recoup $200,000

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Here's how Kevin O'Leary helped this small business owner recoup $200,000. (via CNBCMakeIt)

"We really need your help," Maria, who runs her handcrafted jewelry business with her dad "in the heart of New York City," told O'Leary on the episode.

"That's serious coin," O'Leary commented on the amount of inventory, "and for her business, it probably means life or death.""The good news is, that inventory is on consignment, which means Maria still owns it. It's hers. She lent it to the store until they sold it." But "this thing is mired in a bankruptcy now," which complicates the process, he said on the episode.

Neiman Marcus "asked me for all the paperwork and it was at my fingertips. So, I emailed it to them right away, and in less than a minute, the head of jewelry got in touch with me and apologized for not getting back to me earlier," Maria told O'Leary.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt I don't trust this guy. He sounds like a crook to me. Why is hell bent on giving people financial advice? What's in it for him?

MakeIt If he could help me make just $100 thousand, I would be grateful. (After taxes of course). kevinolearytv

MakeIt Love Mr. O'Leary. His story is an inspiration.

MakeIt He’s still a dick and his wife drunk drove a boat and killed people.

MakeIt Not even going to read this, but I'm sure kevinolearytv got some sweetheart deal for 'helping'....

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watchdogs: Treasury too secretive on small business loansThe Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600-billion-plus coronavirus aid program. But government watchdogs say even more transparency is needed to get an accurate picture of who was helped, and… kristine_kenyon His name is Mnuchin. It’s all HIM. USTreasury, word on the street that you are refusing to be transparent because taxpayer money is finding its way to realDonaldTrump's businesses. Better to dispel this sort of story, right? The big robbery act of 2020 and the art of the gangsters regime $500 billion slush fund to itself.🤔
Source: latimes - 🏆 11. / 82 Read more »