Shark Tank Investor Robert Herjavec: Where I'd Put a Million - Entrepreneur

Robert Herjavec, the "Shark Tank" star with 81 investments under his belt, reveals his ultimate investment strategy during a conversation with Grant Cardone at the 10X Growth Conference.

When asked what he'd do with his last million dollars, Herjavec immediately chose real estate as his foundation investment. The tech entrepreneur, worth between $300-600 million, emphasized the importance of creating a stable income stream before pursuing riskier ventures. His strategy focuses on removing desperation from investment decisions and building a solid financial base that generates passive income while allowing freedom to explore other opportunities.

• Real estate provides steady appreciation of 6-9% annually plus potential rental income
• Creating a foundation removes emotional desperation from future investment decisions
• Passive income streams allow entrepreneurs to take calculated risks with other ventures
• Even successful investors like Herjavec experience failures, including FDA-investigated deals