Mark Cuban Quotes About Business
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If you're looking where everybody else is looking, you're looking in the wrong spot.
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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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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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Make your product easier to buy than your competition, or you will find your customers buying from them, not you.
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What does it take to be a successful entrepreneur? It takes willingness to learn, to be able to focus, to absorb information, and to always realize that business is a 24/7 job where someone is always out there to kick your ass.
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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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Go out there and get rich. Get so obnoxiously rich that when that tax bill comes, your first thought will be to choke on how big a check you have to write.
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The NBA (National Basketball Association) 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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Make sure you are the boss. I don't think I would encourage executives that work for me to blog. There can be only 1 public vision for an organization.
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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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What I’ve learned in these 11 years is you just got to stay focused and believe in yourself and trust your own ability and judgment.
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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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Treat your customers like they own you. Because they do.
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Most people think it's all about the idea. It's not. EVERYONE has ideas. The hard part is doing the homework to know if the idea could work in an industry, then doing the preparation to be able to execute on the idea.
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Don't get caught up in how many hours you work. Judge success based on having goals and measuring your results. Hard work, and lots of it, is certainly needed, but focus on what you get done.
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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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It's not about money or connections. It's the willingness to outwork and outlearn everyone.
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In business, one of the challenges is making sure that your product is the easiest to experience and complete a sale.
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Never follow your dreams. Follow your effort. It's not about what you can dream of. That's easy. It's about whether or not it's important enough to you to do the work to be ready to be successful in that business.
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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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I just started a business called HDNet. There never is one area that has a door open to everyone. Try to find an area with something you love to do and do it. It's a lot easier to work hard and prepare when you love what you are doing.
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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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All good businesses are personal. The best businesses are very personal.
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Learn to sell. In business you’re always selling: to your prospects, investors and employees. To be the best salesperson put yourself in the shoes of the person to whom you’re selling. Don’t sell your product. Solve their problems.
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If you have managers reporting to managers in a startup, you will fail. Once you get beyond startup, if you have managers reporting to managers, you will create politics.
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Always look for the fool in the deal. If you don't find one, it's you.
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Recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the preparation and work, it is the best time to invest in yourself and start a business.
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Creating a close connection to those you do business with has its many risks, rewards and consequences. There are few things in business I have encountered that are more difficult than firing someone, particularly if that someone has always been, or has become a friend. On the flip side, I have been rewarded with many friends.
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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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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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