First question I'd have to the son or daughter, I'd say, 'Do you want me to hire your mother or you? What's she doing here?' That résumé goes right into the garbage. It happened to me on a Zoom call, and I just said, this isn't going to work. Your mom is not gonna be part of this discussion.
"Life doesn't care about your passion, and I don't care about your passion," Herjavec recalled Cuban saying during a show taping one season. "I don't care that you love golf or basketball or AI or cyber, I don't give a shit about any of that. What I want to know is, what are you obsessed with?" Herjavec added to Fortune. "Passion is easy, because passion is a wish, but obsession is an action. Passion doesn't demand anything of you. Obsession requires everything of you."
At the same time, the number of high-net-worth individuals is growing. At the turn of the century, 322 people were on the Forbes' list of billionaires; now, there are more than 3,000. Also, the number of "everyday millionaires," or those across the globe with $1 to $5 million in investable assets, has quadrupled to 52 million over the past 25 years, according to a recent UBS report.
[AI] can do a lot of lower-level, more entry-level position jobs. But if no young people can get jobs, then you have no one in the future to do the highly strategic leadership positions,
