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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.
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
Thinking
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Least
Rush
Everyone
Entrepreneur
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Harder
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Easier
More quotes by Mark Cuban
When you first start working for me, directly for me, I micromanage until I trust you.
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If you have managers reporting to managers in a startup, you will fail.
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If you're looking where everybody else is looking, you're looking in the wrong spot.
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There is very little knowledge that can't be obtained through effort. With knowledge you can determine the state of any business or opportunity and find a course to gain an advantage.
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Sweat equity is the most valuable equity there is.
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I was a beast in college. I worked hard and I played hard. I was relentless learning about business. I actually snuck into MBA classes my freshman and sophomore years. I wanted to challenge myself to see how I compared to the smartest kids at Indiana University so I was 18 and pretended I was an MBA student.
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With every effort, I learned a lot. With every mistake and failure, not only mine, but of those around me, I learned what not to do. I also got to study the success of those I did business with as well. I had more than a healthy dose of fear, and an unlimited amount of hope, and more importantly, no limit on time and effort.
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The idea that growth equals profitability is a misconception. If you can't afford the financial or qualitative side of growth, it can just as easily put you out of business.
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I create offbeat advice I don't follow it. I rarely take third-party advice on my investments.
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Work like there is someone working twenty-four hours a day to take it all away from you.
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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.
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While some people might find it distasteful to pay taxes, I don't. I find it patriotic.
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Success is about making your life a special version of unique that fits who you are - not what other people want you to be.
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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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Wherever I see people doing something the way it's always been done, the way it's supposed to be done, following the same old trends, well, that's just a big red flag to me to go look somewhere else.
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Everyone is passionate about something. Usually more than one thing. We are born with it. There are always going to be things we love to do. That we dream about doing. That we really, really want to do with our lives. Those passions aren't worth a nickel.
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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've learned the number one job of a pro manager is not to win championships but to keep their job.
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Never settle. There is no reason to rush.
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Never follow your dreams. Follow your effort.
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