When selecting businesses, I first have to be enticed by the product or the industry they are in. Then I look for passion. If a company has these two qualifiers, I go for it.

I want to prove to people that every single business can be reinvented and fixed. And I want to prove to myself that I'm good at it.

The weirdest place someone has asked me for advice was at a party where there were a lot of A-list celebrities and super-wealthy people. There were people in the middle of mingling asking for investment advice, and I'm like, 'Hey, I'm just here to dance. I'm here to have fun!'

Put no more than three messages on a lemonade stand. You have to describe what your product is, why it's the best, and how much it is. Don't be drawing turtles and flowers and footballs all over it, distracting people. Keep it clean.

I'm really not a great businessperson. I understand business, and I understand numbers, but I think what I understand more than that is people... Ultimately, I think businesses fail and people fail because they don't have their act together.