Mark Cuban is often associated with big money and success. But life wasn’t always easy for this super successful entrepreneur. Here are a 15 things about Mark that might just surprise you.
Leaders don’t look backwards to condemn what has already been done; they look forward to create a better future.
1. Born and raised in Pittsburgh, PA on 31 July 1958, Mark Cuban comes from a working-class family. His mom recommended him to learn how to lay carpet because she was concerned about his future.
2 . However, his has a hustler mentality. At a young age, Mark sold baseball cards, stamps, and coins.
3. When Mark was just 12 years old, he made money to buy the expensive basketball shoes he wanted by selling trash bags.
4. After graduating from Indiana University in 1980 at 22, he went to Dallas and joined Mello Bank Mark.
5. He formed a “Rookie Club” and invited senior executives to happy hours to talk to a group of younger employees in their 20s like him.
If you can’t admit a failure, you’re not an entrepreneur. You are not a good business person. There’s nothing brilliant about what you are doing.
6. Mark also started writing a newsletter and did updates on current projects. He took the initiative I hopes that his boss would love him for doing these things.
7. However, his boss called Mark into his office one day and warned him to never go over him or around him, or he’d crush Mark. That’s was the time he knew he had to get out of there. He left for Dallas instead.
8. Mark bought a USD 99 Texas Instruments computer and was teaching himself programming.
9. His term with Your Business Software was where he learnt lessons about leadership that changed his life.
“I love entrepreneurship because that’s what makes this country grow. And if I can help companies grow, I’m setting the foundation for future generations. It sends the message that the American dream is alive and well.”
10. Until today, Mark would think back to things his ex-boss in Your Business Software did, and do the complete opposite. It also made him superstitious about titles. “I’m never listed as the CEO of my companies. There is no CEO. I am the president.”
11. Realising that he couldn’t keep a job, Mark decided to start his own company called MicroSolution at the age of 25.
12. MicroSolutions grew into a company with USD 30 million in revenues. Mark sold it a few years later to CompuServe.
13. Next, Mark founded Audio Net, which became Broadcast.com, which in April 2000 sold to Yahoo for USD 5.7 billion, personally netting about USD 2 billion in the process.
14. Success requires hard work and focus. He once went seven years straight without a vacation while building his own business.
“There are no shortcuts. You have to work hard and try to put yourself in a position where, if luck strikes, you can see the opportunity and take advantage of it.”