Mark Cuban
Mark Cuban
Mark Cuban is an American businessman and investor. He is the owner of the NBA's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and is the chairman of the HDTV cable network AXS TV. He is also a "shark" investor on the television series, Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth31 July 1958
CityPittsburgh, PA
CountryUnited States of America
Most people think it's all about the idea. It's not. EVERYONE has ideas. The hard part is doing the homework to know if the idea could work in an industry, then doing the preparation to be able to execute on the idea.
Just watch. Pigs get fat, hogs get slaughtered. When you try to take it too far, people turn the other way. I'm just telling you, when you've got a good thing and you get greedy, it always, always, always, always, always turns on you. That's rule No. 1 of business.
My first company was MicroSolutions. I worked 20 hours a day. I didn't take a vacation for 7 years. I didn't even take the time to read a fiction book. It was all about work. When I sold it, I promised myself I would never wear a watch and only wear a suit to weddings, funerals and to meet the President.
If you're looking where everybody else is looking, you're looking in the wrong spot.
Ideas are easy. I've never met a single person who didn't think they had a world class idea. The hard part is making it a business.
But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose.
The thrill of victory in business blows away the thrill of victory in sports. Business is a sport 24/7/365.
I don't think there's any question that the UFL or any other league that wants to challenge the NFL can have an impact. The demand for professional football is off the charts.
Communicate with your fans or customers. They know we live in an ever changing world. If you tell them what you are thinking and why you are doing what you do, as I did with my blog regarding Nash leaving, they will respect and support you more.
In these times of the 'Great Recession', we shouldn't be trying to shift the benefits of wealth behind some curtain. We should be celebrating and encouraging people to make as much money as they can. Profits equal tax money. While some people might find it distasteful to pay taxes, I don't. I find it patriotic.
When you turn your team upside down and try to figure out what the culture of the team is, you take the greatest risk a team can take.
We can't ever forget that the Internet now is just a staid utility. The exciting platforms are software applications that are very, very simple.
Do it because you love it. Then it’s not a job. I’m a geek. I love technology. I would be online working with technology regardless of what my day job is.
If it had anything to do with the PC or networking industry I was on top of it. I bought manuals. I read every book and magazine. Then I would get involved with industry conferences and put myself out there.