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Author Topic: Life Advice From Multi-Billionaire Mark Cuban  (Read 3645 times)

hubag bohol

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Life Advice From Multi-Billionaire Mark Cuban
« on: July 14, 2013, 01:37:42 PM »
Random Celebrity Article
By Brian Warner on July 11, 2013


Mark Cuban is one of the coolest people on the planet. If you are looking for someone to admire and aspire to be, you won't do much better than Mark Cuban. Not only is he the multi-billionaire owner of the Dallas Mavericks, he also owns the cable network HDNet, movie studio Magnolia Pictures and movie theater chain Landmark Theaters. He's also a big time philanthropist who has given tens of millions of dollars to many different charities, especially the Fallen Patriot Plan which helps families of soldiers who do not come home. As if he wasn't cool enough already, on Christmas Eve Mark appeared on the social news site Reddit.com to answer fan questions and give some incredible life advice. His advice on attending college and taking on debt is very interesting. We've pasted the highlights below…

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hubag bohol

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #1 on: July 14, 2013, 01:38:28 PM »
One of the most admirable things about Mark Cuban is that even with billions of dollars, he still seems incredibly down to earth and passionate about helping other people make their dreams come true. Mark has invested in dozens of startups, some of which he discovered as one of the judges on the reality show Shark Tank. Mark even wrote an amazing book that every aspiring entrepreneur should read called "How to Win at the Sport of Business: If I Can Do It, You Can Do It". It's available on amazon for just $2.99, so you really have no excuse not to check it out. I keep his book on my iPad and re-read it every six months or so just to keep the ideas fresh in my head.

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hubag bohol

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #2 on: July 14, 2013, 01:39:27 PM »
Life Advice From Multi-Billionaire Mark Cuban:


What is something everyone should know before starting a small business?

Its not about the idea, its about how prepared you are. Everyone has ideas, most don't do the work required to get the job done. The 2nd thing you need to know is that sales are the most important aspect of a small business. No sales, no company.

Have you ever "made it rain"?

No. That's dumb s*** that people with real money don't do.

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hubag bohol

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #3 on: July 14, 2013, 01:40:33 PM »
On Jimmy Kimmel, you mentioned you clicked the receipt button once at an ATM to check your checking account balance and it being some insane number (around $300K if I remember correctly). Have you checked recently to see what it was?

Yes and it's more insane. I keep a lot of cash available for investments. Most people throw their money at investments trying to beat inflation or the market. I wait until somebody does something stupid and try to pounce. That is where the best deals are made.

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hubag bohol

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #4 on: July 14, 2013, 01:41:39 PM »
What advice would you give to an undecided college student finished with general studies and eager to get a degree?

Pick a school that you can afford to go to. Don't take on debt. Debt is the anchor you don't want when you graduate. It will force you do to things that may not be in your best long term interests. If it were me and i were graduating from high school or close, i would be online taking as many of those MIT/Stanford classes that I could to push and challenge myself. And of course to get the actual knowledge. I would find an inexpensive university close by and work with them to have them help me create a program that leveraged those online classes with the classes i needed from the school to get the best education at the best price.

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #5 on: July 14, 2013, 01:42:33 PM »
Do you ever feel your wealth is a product of being in the right place at the right time (in relation to the internet bubble of the late 90′s)? Do you think you'd be able to find similar success if you were graduating college today?

I've made a lot of money from a lot of different companies i have started, but there is no question i made the most money because i knew what i was doing on the net when the internet bubble hit. Timing didn't make me rich, i was there already. But it put a B next to my name.

Should a young entrepreneur get an MBA?

I think an MBA is an absolute waste of money. If you have a hole in your knowledge base, there are a ton of online courses you can take. I don't give any advantage to someone in hiring because they have an MBA.

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #6 on: July 14, 2013, 01:55:36 PM »
What's your advice for an entrepreneur major graduating in Spring who still hasn't found the right job?

There is no such thing as the right job. Whatever job you take, you are getting paid to learn. You will learn more from a bad company than you did in school. I always recommend taking the job and learning as much as you can from it, and you can learn from any job, and then using that knowledge to help you get to the next job.

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #7 on: July 14, 2013, 01:56:23 PM »
You came in to my work and tipped 100 on a 50 dollar tab. You made the waitresses night. You sir, are a gentleman.

I worked as a bartender and waiter. I always try to tip well.

I hate to be so straight forward, but what does a billionaire buy his kids for Christmas?

The same junk that everyone else buys.


8)

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #8 on: July 14, 2013, 02:11:28 PM »
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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #9 on: July 14, 2013, 08:23:39 PM »
i like mark cuban. i like sir richard branson. most of all, i like me ;D

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #10 on: July 14, 2013, 09:17:16 PM »
Have you ever "made it rain"?

No. That's dumb s*** that people with real money don't do.

sana, walang natamaan sa atin dito. ;D

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #11 on: July 14, 2013, 10:40:57 PM »
hindi mo ako matama-an islander. keep on posting.

my war is with hubagbohol....;D

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #12 on: July 15, 2013, 12:30:24 AM »
aherm.  can't anybody do anything here without you thinking it's about you?  how important have you become, really, in your estimation of yourself? 

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #13 on: July 15, 2013, 12:33:58 AM »
you can do whatever you want ma'am. don't worry about me.

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #14 on: July 15, 2013, 12:38:54 AM »
Don't worry 'bout me
I'll get along
Just you forget about me
Be happy my love

Just say that our little show is over
And so the story ends
Why not call it a day, the sensible way
And we'll remain friends

Look out for yourself
Should be the rule
Just give your heart and your love, to whom ever you love
Don't you be a fool

Baby why stop and cling, to some fading thing
That used to be
So if you can't forget
Don't you worry 'bout me


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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #15 on: July 15, 2013, 02:34:07 AM »
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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #16 on: July 15, 2013, 03:17:01 AM »
dont worry too much about me. its just a movie im making. but it would help if i wont see hubag

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Re: Life Advice From Multi-Billionaire Mark Cuban
« Reply #17 on: July 15, 2013, 03:39:05 AM »
maybe i misinterpreted what he said. but there's no one else who tried to have him banned. i thought it could be done. because i was banned from this website. mike is correct in his decision. not to ban hubag.
who can replace him when he is the legend and ambassador. anyway, i would love to see more of your posts. you are my idol.

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