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
What does it take to be a successful entrepreneur? It takes willingness to learn, to be able to focus, to absorb information, and to always realize that business is a 24/7 job where someone is always out there to kick your ass.
What I do know, at least what I think I have learned from my experiences in business, is that when there is a rush for everyone to do the same thing, it becomes more difficult to do. Not easier. Harder.
If you've got $25,000, $50,000, $100,000, you're better off paying off any debt you have because that's a guaranteed return.
I'm a believer that you accomplish much, much more with direct relationships than by using an intermediary. And that cash you keep in the bank can be the difference between staying alive as a small business, or not.
All that matters in business is that you get it right once. Then everyone can tell you how lucky you are.
It doesn't matter how many times you fail. It doesn't matter how many times you almost get it right. No-one is going to know or care about your failures, and neither should you. All you have to do is learn from them and those around you. All that matters in business is that you get it right once. Then everyone can tell you how lucky you are.
If given a choice between investing in someone who has read REWORK or has an MBA, I’m investing in REWORK every time. A must read for every entrepreneur.
I love helping entrepreneurs. It's something I really have fun doing. It's like planting a little seed and watching it grow. Any time I can help somebody, that's a good thing. It's fun. If I get to make some money at it, it's even better.
One of the biggest mistakes entrepreneurs make is that we lie to ourselves. We don't step back and look at ourselves like a competitor would.
It would be a little hypocritical of me. I don't care how they dress. I do care how they act.
The template for success in the NBA changed from the Portland model of 1999-2000, when I got to the league, to the Detroit, San Antonio, Miami model. Although we have succeeded on the court to the point of five straight 50-plus win seasons, we certainly didn't do it 'the best way.' We did it the most expensive way. It cost us flexibility and created lots of bad habits. That was my mistake, and it ended up costing us Mike (Finley).
Broadcast.com continues to prove that Internet broadcasting is the new medium for companies to interact with consumers, collect valuable customer data, and ultimately drive sales to their products.
The system allows us to look at every play, in every way, and to tie it back to stats. So, we can watch how we played every pick and roll, track our success rate and also see how other teams are doing it. It's an invaluable resource that makes us smarter when combined with a lot of advanced statistical analysis we do.
Digital projection means that any type of event can be broadcast live or from DVD. That increases options considerably.