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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.
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
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Afford
Easily
Financial
Growth
Side
Qualitative
Sides
Profitability
Idea
Misconception
Business
Equals
More quotes by Mark Cuban
Forget about finding your passion. Instead, focus on finding big problems.
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Being able to take a traditional cable-television subscriber and give them new widget type applications to me is huge.
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It is so much easier to be nice, to be respectful, to put yourself in your customers' shoes and try to understand how you might help them before they ask for help, than it is to try to mend a broken customer relationship.
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The only thing in your control is effort. That's all, and that's everything.
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Sometimes the best properties aren't necessarily the biggest properties.
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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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It's not in the dreaming, it's in the doing.
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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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Selling is never about convincing. It is always about helping.
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A sure sign of failure for a startup is when someone sends me logo-embroidered polo shirts. If your people are at shows and in public, it's okay to buy for your own employees, but if you really think people are going to wear your branded polo when they're out and about, you are mistaken and have no idea how to spend your money.
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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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I create offbeat advice I don't follow it. I rarely take third-party advice on my investments.
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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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The NBA is never just a business. It's always business. It's always personal. All good businesses are personal. The best businesses are very personal.
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If it had anything to do with the PC or networking industry I was on top of it. I bought manuals. I read every book and magazine. Then I would get involved with industry conferences and put myself out there.
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Always wake up with a smile knowing that today you are going to have fun accomplishing what others are too afraid to do.
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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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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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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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As I would learn later in life, money makes you extremely handsome.
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