The billionaire investor started his career at age 12 selling garbage bags. While in college, Mark Cuban scraped by, taking small gigs like bartending and teaching dance. In 1985, at age 27, he founded his own software company, MicroSolutions.
Mark Cuban nearly went bankrupt after discovering his secretary had stolen company money. He revived his career and delved deeper into new technologies. He eventually sold the company to CompuServe for $6 million.
Overcoming obstacles has taught Mark Cuban a lot about being successful. Here are three of the top tips the billionaire recently gave, based on his own experiences.
Don't quit your job without being well prepared.
You hear all the stories about people who quit their jobs, started companies, and made a lot of money. But you never hear the stories about people who quit their jobs, started companies, and failed, even ending up in jobs they hated.
“Before you quit your job, be prepared, know what you're doing, save money and have at least 6 months to survive. And then you can be ready to start your business,” Mark Cuban advised.
Want to be a millionaire, be an expert
If you want to become a millionaire, you can achieve it, but there are some things you must understand very clearly….
For example, when you walk into a room, you need to know the room better than anyone else in the room.
So if you want to start a company, you must understand very clearly about the problem you are doing, about the field you want to conquer.
Don't be afraid to lose it all
“When you have nothing to lose, do your best!” - advice Mark Cuban gave at the South by Southwest 2023 conference.
When you have nothing, no choice, take a risk! Think that you have only one way left!
(According to CNBC)
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