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
When you've got 10,000 people trying to do the same thing, why would you want to be number 10,001?
You've got to be very cognizant of the correlation between social media links and business because they don't always correlate as highly as people would like.
One problem people have is that they lie to themselves. Rarely is talent enough. You have to find ways to make yourself standout. You do so by playing to your strengths and making people aware of those strengths.
Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but aren't as expensive to pay.
One thing we can all control is effort. Put in the time to become an expert in whatever you’re doing. It will give you an advantage because most people don’t do this.
When I got to the Mavericks people were all giving me advice - change this, change that - and one thing that I didn't do was fire anybody.
I think political people are afraid of me.
If there was a template for success in sports, everyone would follow it. You do the best you can and trust the people you trust.
I think you’ve got to be very, very careful when you start making blanket statements about what people say and think, as opposed to what they do. It’s a very, very slippery slope.
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.
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.
Success is about making your life a special version of unique that fits who you are - not what other people want you to be.
I don't think people realize the risks they face every time they create a text, or post on a social network. Unless you expressly make the effort, everything you do online, including texting, has a shelf life of forever.
Most people think money is the key to reducing risk. Prepartion is.