Mark Cuban, who founded Broadcast.com in 1995 and sold it to Yahoo four years later for $ 5.7 billion, is considered a technology and investment guru.
Today, he has $ 4.5 billion in personal fortune, has bought the NBA Dallas Mavericks team and has invested in dozens of startups.
What is his advice for those who want to make a lot of money like him? To try many things until they find out which ones are good. And then, to work to become “great” at it.
“When you find something you are good at, follow it. “Just do what you can to become great at it and then you can really make money,” Cuban said. “That’s how the money comes out.”
As the billionaire entrepreneur explains, this advice is especially useful for those who are still young or have financial difficulties.
“If you’re an African, now is the time to try. Because what is the worst that can happen? At most, to remain afro. “But if you keep trying different things, when you find this great thing, then amazing things will happen,” says Cuban.
Of course, the billionaire businessman recognizes that this process can be heartbreaking at times. “I think a lot of people are outraged because it’s hard to find something you love to do and be good at,” he admits. “Life wants work and it wants you to learn. “If it was easy, everyone would do it.”
After all, he tried many things in his first steps, such as working as a bartender and repairing televisions. He then got a job at a computer software sales company, but did not know much about it. As he says, he had only done one computer course in college and had copied to pass it.
So he started reading computer manuals to learn technology. When he started his own software company, MicroSolutions, he kept learning. “I really tried and it turned out to be something big,” he said.
Cuban sold MicroSolutions for $ 6 million in 1990. Broadcast.com’s mega-deal followed a few years later. Although he is one of the richest people in the world today, he says he is still learning. If he wants to invest in a technology, he must know how it works, he explains. “I am still reading the manual. I want to be the guy who really knows the things he does. ”
Money Review
Follow Skai.gr on Google News
and be the first to know all the news
.
