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Sweat equity is the most valuable equity there is.

Mark Cuban

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Mark Cuban
Age: 66
Born: 1958
Born: July 31
Blogger
Businessman
Businessperson
Entrepreneur
Film Actor
Film Producer
Financier
Politician
Television Producer
Pittsburg
Pennsylvania
Valuable
Billionaire
Equity
Sweat

More quotes by Mark Cuban

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Most people think money is the key to reducing risk. Prepartion is.
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Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.
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I look at my annual budgets for everything and anything, and I look to see where I can save the most money on those items. Saving 30% to 50% buying in bulk - replenishable items from toothpaste to soup, or whatever I use a lot of - is the best guaranteed return on investment you can get anywhere.
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One thing I learned in the NBA is that the No. 1 job of a general manager is to keep his job. They are only 30 positions where you make millions and hang around with basketball players all day.
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If you can, you will quickly find that the greatest rate of return you will earn is on your own personal spending. Being a smart shopper is the first step to getting rich.
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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.
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Do the work. Out-work. Out-think. Out-sell your expectations. There are no shortcuts.
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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.
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I think college is an absolute. In this world you have to learn how to learn and get in the habit of always wanting to learn. Some kids have that out of high school and may be able to do the college equivalent of home schooling. Most kids can't. So I highly recommend going to college.
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As far as businesses, I was always hustling. I had to pay for my own school. I got 20 bucks every week or 2 from my dad and that was it. So I had a whatever it took attitude.
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I was lucky. I grew up knowing that hard work and smart work has a greater impact on results than being passionate about something.
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I learned how to become wealthy because I asked the right questions when I was broke.
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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.
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I still work hard to know my business. I'm continuously looking for ways to improve all my companies, and I'm always selling. Always.
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It's not in the dreaming, it's in the doing.
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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.
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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.
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Sales Cure All. Know how your company will make money and how you will actually make sales.
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I do everything via email. Which in turn works as my tickler file and prioritization queue. I start at the top every morning and keep on going until I'm finished. I don't do calls. I don't do meetings.
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My businesses are usually built around challenging conventional wisdom, so I tend to gain by taking the other side. It's been very profitable and entertaining for me
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