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Most people think money is the key to reducing risk. Prepartion 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
People
Reducing
Keys
Risk
Money
Think
Thinking

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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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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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Every kid thinks they have something special about themselves. Every adult thinks they have a big idea at some point in their life. Rather than pursue every thing they possibly can to prepare themselves to enable their idea or special talent, they tend to wing it and make excuses.
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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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Business happens over years and years. Value is measured in the total upside of a business relationship, not by how much you squeezed out in any one deal.
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Social media is just a platform. Twitter is a very simple and immediate broadcast platform. Facebook is a very personal, when it comes to friends and when it comes to fan pages, a little bit less but still somewhat personal way to communicate.
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To me business is a sport. I love knowing that 24x7x365xforever I'm competing with people I don't know. To build my businesses. To come up with new ideas. To come up with better ideas. That motivates me.
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It's not in the dreaming, it's in the doing.
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Every job I took was really me getting paid to learn about a new industry.
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You learn in life that a lot of things are the result of effort, but some things, in terms of scale, are random.
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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.
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It doesn't matter where you live...It doesn't matter how you live. It doesn't matter what car you drive. It doesn't matter what kind of clothes you wear.
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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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Wherever there is change, and wherever there is uncertainty, there is opportunity!
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It takes time, it's a grind. There are no shortcuts. You've got to grind and grind.
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Don't start a company unless it's an obsession and something you love. If you have an exit strategy, it's not an obsession.
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The one thing in life you can control is your effort. Are there any shortcuts in the beauty business? No. That was the first lesson I learned. You can't just rocket to the top.
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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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