"Greatness isn’t common" — Shark Tank investor Robert Herjavec on the misconception of billionaire status

Robert Herjavec, the Shark Tank investor, shared on Instagram on December 24, that the media overexposes billionaires, creating the false impression that becoming one is common. He noted there are only 3,194 billionaires worldwide, highlighting the immense effort it takes to achieve such wealth. Herjavec urged people to focus on striving for greatness and creating value, rather than fixating on the billionaire label.

The Shark Tank investor noted that true wealth is not just about accumulating riches, but about the positive impact one has on the world and the legacy they leave behind.

"True wealth isn’t about the label — it’s about the value you create and the legacy you leave behind. Let the numbers remind us: greatness isn’t common, but it’s always worth striving for," captioned Robert.

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Shark Tank's Robert Herjavec recalls the time he was scammed by his sales manager

Robert Herjavec shared a cautionary tale on social media, recalling the time he was scammed by his own sales manager. He emphasized the importance of vigilance when hiring employees, as even those in positions of trust can betray that trust.

Herjavec shared that his marketing head, Jennifer, had left the company to pursue another opportunity, but later revealed a secret that shocked the Shark Tank investor. She disclosed that the sales manager, who had been working closely with Herjavec, was secretly funneling half of the company's deals to his own side business.

"She goes, I just love working with you so much. You're such a great boss. There's something I have to tell you, Bob, not his real name, who's running sales for you. He has a company on the side and is funneling half the deals to his own company," recalled Robert.

Initially skeptical, Herjavec decided to investigate further. He contacted clients who had supposedly declined their services, only to discover that they had, in fact, made purchases, but not from Herjavec's company. The sales manager had cleverly set up a similarly named company, taking orders, fulfilling them, and cashing the checks.

Herjavec reflected on the experience, noting that he had encountered numerous instances of betrayal and deceit in his business career. He stressed the importance of being cautious and looking out for oneself, even when dealing with trusted employees or competitors.

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Robert Herjavec opens up about the misconception of success

Robert Herjavec debunked the common misconception that success is a magical solution to all problems. He recalled a recent encounter where someone expressed a desire to be successful, believing it would bring ease, happiness, and an end to all problems. Herjavec disagreed, emphasizing that success is not a finite destination, but rather a continuous journey.

He explained that the idea of a "magic door" to success is an illusion and that problems do not disappear with achievement. Instead, they often grow in scale and complexity.

"People have this misconception of success that it's finite, that there's this magic door you walk through and it says success on the door. And why you walk through that door, it's all unicorns and puppy dogs and lollipops. Guess what? The problems just get bigger," stated Robert.

The Shark Tank investor also stressed that happiness is not a direct result of achieving success or accumulating wealth. Rather, happiness is a state of being that exists independently of external circumstances. Herjavec noted that great wealth can amplify one's personality and characteristics, but it will not create happiness if it is not already present.

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Shark Tank is currently airing its 16th season on ABC.