In a recent blog conversation, the topic of Kevin O’Leary’s potential run for mayor of New York City was brought up. The discussion then turned to the idea of business leaders entering the political arena, with Kevin sharing his own experience of running for office in Canada in 2016.
Kevin emphasized the importance of having executives with business experience in government, as they understand the challenges of running a business and making tough decisions. He criticized politicians who lack executional skills and highlighted the issues facing cities like New York and San Francisco.
The conversation then shifted to the impact of raising the minimum wage, with Kevin pointing out the recent closure of a McDonald’s in San Francisco due to higher paychecks. He expressed concerns about the business climate in California and the exodus of businesses to more business-friendly states.
Overall, Kevin’s insights shed light on the intersection of business and politics, highlighting the importance of effective leadership and sound policy decisions. His perspective serves as a reminder of the challenges facing cities and states in today’s ever-changing economic landscape.
