How to start a successful business | Mark Cuban and Lex Fridman

[@LexClips]

Full podcast episode: kzbin.info/www/bejne/ZpTRZIl4n8uBbsk Lex Fridman podcast channel: kzbin.info Guest bio: Mark Cuban is a businessman, investor, star of TV series Shark Tank, long-time principal owner of Dallas Mavericks, and founder of Cost Plus Drugs.

[@degreaseLLC]

Mark Cuban is spot on. When you have nothing and no obligations is the perfect time to start a business. I took a chance at 29 years old after a black eye, a bad break up and living with my parents again. I had a marketable skill and turned it into a lifestyle. Get out of the thinking phase and get into the doing phase!

[@brutonano9521]

Great advice !

[@danielleyva6375]

Love this 😤

[@Keithsings4food]

What type of business did you start?

[@degreaseLLC]

@@Keithsings4food I started a commercial kitchen exhaust cleaning business.

[@1219john]

‼️‼️‼️

[@peymanstd]

I started my own business by saying no to a good job offer. I am still unsure and scared of the path I have chosen but my dream is to have a company that every employee loves to work for and be provided for. Hopefully that counts for something. Wish me luck guys.

[@4biddenflow]

I’m on a very similar position as you man. From one startup entrepreneur to another, good luck. I hope you make it big man.

[@Footie4ever]

The fact that you’re unsure and scared makes me feel that you’re in the right path. Only those who are nonchalant about it would turn out badly.

[@Mattlikes2skate]

Be the boss you wish you had

[@albertmac2556]

What’s the business?

[@MasonCast]

Goodluck man, I wish you all the success and joy in life.

[@thedappercook]

Got fired 10 Yeats ago. Being working for myself ever since. Unemployable now. I can't imagine having a 9-5, a boss, a toxic workplace. Unbearable. I wake up happy every single day

[@juanvilla4696]

What do you do now?

[@thedappercook]

@@juanvilla4696 work for myself, Web, seo, IT, Cyber, consulting.

[@MJBclassics]

​@@juanvilla4696he makes up stories

[@GODALMIGHTY85]

I quit a $100k- $130k a yr job to start my own business. First yr i did $500k

[@Crb53]

What business are you in?

[@UnofficialLesTwins]

@@Crb53Business of cappin

[@MJBclassics]

​@@UnofficialLesTwinshahaha

[@Rahulkumar-xl7uc]

@@UnofficialLesTwinsbro I’m in this industry as well. It’s not bad. Left my 32,000 a year 9 to 5 job. Now I make 700,000 a year

[@shawnhadian9984]

@@Crb53Always some nosey guy asking what business

[@nemo-studios]

There is no guaranteed formula for creating a successful business. It depends on the resources available to you, both free and paid. It depends on the skills and experiences you bring to the table. It depends on the networking connections you've made during your life. Starting a business is complex and although there are several good recommendations to get started towards that goal, no one can give a universal formula that will always work.

[@TwentyZZ24]

Timing the market is both really difficult and most of the time it is based on luck

[@hungrygamer7717]

Sounds like something chatgpt would say

[@relaxxdfittactical]

Started my business from an idea in 2020, development in 21, started selling 22, continuous hustle - fail - learn - do better 2023, 2024 the same but… beginning to work, getting affirmation. Hitting goals. As good as it feels there are definitely sleepless nights. 😅

[@Nelkstreams]

What business did you get into?

[@relaxxdfittactical]

@@Nelkstreamshey! I created a system to conceal carry in athletic stretch waisted garments using an inner hook and loop belt. So people can CCW (conceal carry) in gym/board/basketball shorts and sweatpant/joggers.

[@GODALMIGHTY85]

20 hr days

[@Aj-tu4gv]

​@@GODALMIGHTY85what business do u do

[@ScottDCS]

After I started my business I was blown away by how easy it was. Self discipline over time is the hard part.

[@mike.1]

Washing cars is not rocket science

[@lui9267]

What business tho?

[@Technie87]

All fake

[@thehypelife7453]

Started a business at 15, I’m currently 19 and just received an 8000lb shipment 45 minutes ago and I’m waiting in my car until my clients come pickup the entire order. $160,000 today. Love being financially free. I’m in uni rn and after college I recently decided I’m not going to peruse a career and continue with my business.

[@haydenbowen7338]

Uhh.. yeah... lol... why would you? Why would you even have starting a "career" as an option? You made more in one day than many, many, people wont make in 3 years. Why are you even wasting money on college? Congrats dude! You figured shit out early. Go make more money doing what you already know how to do, and move on. It sounds like you've already earned your way in the top .1% of people. Just keep going.

[@trusilence]

🍪

[@somerandomguy001]

​@@haydenbowen7338 maybe he's doing a course on business or maybe he loves computers and is doing a course on computer science because he loves it. Like, we don't know man, and money is not the only factor there is while doing college (i mean, ya it is for 95% of the people)

[@jeremyashcraft2053]

Brother what is the nature of your business?

[@Technie87]

All these people claiming random shit never actually saying what they're doing

[@europebasedvlogs1251]

Sometimes it comes out of desperation. There’s a lot of competition so you have to work hard. Make the calls. Entrepreneurship is the reason for America’s success

[@kidzeus2433]

1. Confidence 2. Preparation 3. Competition 4. Respect the law 5. Risks

[@GET2222]

It’s never been a better time or a more easier time to build a business. I mean, I own 4 businesses. I started one of them 29 years ago when people didn’t know what the fuck a website was and face to face was how you conducted business and people didn’t email and social media wasn’t a thing. Kids have it so easy.

[@SparkAStory2024]

If you don’t have an idea, you don’t have anything. Another person’s dream can be your own, if it resonates with you. Employers hire and fire. Entrepreneurs go higher. Start a business!

[@throttlecurious]

Invest in your knowledge, skills, and relationships, then you will have the assets to start a successful business

[@MichaelCobbs]

That’s advice.

[@ForceOfChaos1776]

“I think we’ll find our footing, and start celebrating greatness again.” Amazing❤

[@leadgenjay]

One key takeaway is the importance of understanding the problem you're solving in the market; it's not just about the solution.

[@ScottAdamLancaster]

Being a bad employee and getting fired a lot seems to be a running trend. This was basically the reason I started my first company too.

[@valentinomc]

Mark's advice is always realistic and to the point. Great clip.

[@dfrees42]

“A culture of consumption and more” perfectly said

[@CapricornCzar]

It boils down to personality. There’s an adrenaline rush that entrepreneurship provides that is second to none. Once you see traction and success, you are hooked. Nothing comes close except maybe having a kid.

[@mikespantree]

Or maybe being in combat, I’ve heard that’s some strong dope too

[@pbrennan98]

I have a quote from Mark I put in calendar as weekly reminder, Thursday evenings. Been recurring for years... "You only have to be right once" - - Mark Cuban

[@Tyson-u3m]

Dear Mark, You have NO FUCKING CLUE what going lower even is!!

[@Stender_]

One of the best episodes in a while; great stuff

[@markgraham6703]

25 years, near start of my career, I was at an HotSos conference where Mark was the guest speaker. Smaller conference and Mark was not so famous. The story I recall is Mark said he was a bartender and someone offered him a job to sell software. The software took off (early spreadsheet software stuff) and he was the only salesman. Mark made millions on the commissions and put this money into HD Net which was the only high definition TV technology that was available for the new TVs. I dunno, if my memory is accurate, but sure doesn't match what it is portrayed today along with the PR companies the billionaires hire to inflate their image. I don't get the dishonesty/delusion that seems to go along with how those who are "successful" became "successful". Anyone know the real story about Mark to set me straight? The other clue to his gift as a "salesman" was Mark saying a lawyer and career politician knows something about entrepreneurship. Unless perhaps corruption is at the heart of it.

[@lighteningrod36]

Access to capital and appetite for risk, domestic market size and lower input costs. US Advantage.

[@kevinfish7081]

Hire based on merit, and forget about diversity.

[@Mannymoke]

Agreed

[@beast4880man]

This video has nothing to do with diversity or hiring. Good job making this into something it’s not. RACIST

[@ilbgentyl]

Warren buffet states the same. Sadly most hiring is who you know not what.

[@zachem66]

When you ignore diversity, you're also ignoring merit. Can't have one without the other.

[@ilbgentyl]

@@zachem66 Such a cope lol.

[@ismaelhall3990]

Thanks I needed to hear this.

[@mattfanslow]

To a point, though, good employees/workers need to make excellent livings or the message becomes: "If you want to succeed in life and not settle, you need to own your own business." That idea is heavily flawed. We need a lot of both.

[@Iceman-gm1fu]

We aren't the most entrepreneurial country. Go to Asia. Almost every family in Vietnam runs their own business. It's about resources and money.

[@ricomajestic]

So are they all millionaires?

[@briancase6180]

What does the US do the best compared to other nations? We have the best PLATFORM. The constitution with its rule of law and the historic commitment to education and a decent infrastructure (both of which have eroded significantly, unfortunately) create a platform, a foundation upon which you can build your business. It's like the Internet: it's simply a platform. It's like AWS: it's simply a platform. The US has the best platform. If we lose that, gulp.

[@Iceman-gm1fu]

First step to being a billionaire: be a bad employee and get fired.

[@Chap.13]

The hardest part is getting started lol

[@dvanlivesnow96]

Thank you

[@CarlosAguilar-mu1eb]

Bro said 3 person apartment… 6 people… that’s not even bad lmao

[@abelvaladez3424]

He’s comparing the flexibility you have while being single to a married individual.

[@halhal-my4pt]

Black power! LoL

[@MichaelCobbs]

What do you mean protect or lose? The history is already there.

[@jpslaym0936]

Jesus. Aging hits billionaires worse than us plebes

[@ilbgentyl]

Business is a great route but America has killed a lot of that by adding all of the rules and regulations that hurt small business. You can’t compete when a company doesn’t need to make a profits ina sector. Best bet now days is to make a company that a giant just buys. Rinse and repeat.

[@Himel_Creeper_Bros]

Forget about his political views... He would be a great President

[@JasonWebb_369]

“If you’ve got nothing, it’s the perfect time to start a business.” Umm, no.

[@andreasleonhard1512]

Depends on your craft. As a developer, it can be because you can do it for free in your spare time.

[@mike.1]

​@@andreasleonhard1512 he talking about real business

[@RyanLordOfficial]

🔥🔥🔥

[@ramr4648]

Indian is coming onto USA

[@MJBclassics]

Obviously the first rule is look like a Schister

[@MarioOliveira-p5q]

screw the shark tank guy selling junk. People's attitudes suck. They think they're mistake is not buying real estate soon enough and someone else bought it and they lost money. But that's only because the banks on are chinese crack. I hate that attitude because it's like thinking that because you didn't buy a million dollar you didn't become a virtuoso violinist. It's funny because the first construction job I worked was a project that 4 builders went broke on first, and my Dad bought it on a deal and there were three houses that had slope stability problems on it sliding down a hill. I had to shovel silt every fucking day to keep the job open because it would rain and go overtop the silt fence and fill the street and sidewalk. And my Dad had the our attitude was why did we buy this shit. It's because no one else would do it. We had some other houses that Delonte West's mother looked at that were like that. My Dad bout them drunk for a deal, and the brick layers and everyone was complaining about having to climb up a down the hill. Or in general no one is concerned about their abilities or if they make someone good or do something good. They don't care about value added. Everyone just wants to flip crap or sell chinese crap, or play shark tank. It's not a value added economy where you by lumber and turn it into furniture. People just want to buy lumber and then sell lumber. Everyone wants to be Bezos or Mark Cuban buying basketball video and then selling basketball video.

[@MichelleCarithersAuthor]

keep in mind, these "billionaires" are NOT going to share advice as to how to succeed in business development, they will "pick your brain" and up their game and essentially "steal your idea" and spin it into "their ideas"....get a grip and trust your ideas and most importantly, protect your ideas

[@ilbgentyl]

Wealth amplifies.

[@halhal-my4pt]

Black power! Wait until society turns on your kind!

[@Tannytkn]

Victim mentality

[@PlebThinker]

this guy gave zero advice

[@kcdavis3812]

And that is advice in of itself.

[@PlebThinker]

@@kcdavis3812 ok?

[@verrico7536]

0:55

[@PlebThinker]

@@paulb3428 alright? Idk what that has to do with business advice.

[@SilentSage777]

Yeah he did, you just can’t read between the lines. And if you’re not smart enough to do that you’re probably not smart enough to succeed in running your own business anyways

[@NewWokeMedia]

All the people not worth even a quarter of his wealth telling us how wrong he is 😂 Grab a piece of humble pie and listen 🤷‍♂️😂 Y’all mfs are hilarious

[@JovinAgrrey]

TRU STORY

[@anthonyclay007]

Common Mark Cuban W

[@WillourBaldenegro]

Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..

[@GerwigMcgraph]

Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.

[@Desy-wr2qx]

Thanks to my co-worker (Alex) who suggested Ms Chloe Linda Henderson.

[@eugen-pr6lg]

Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.

[@Yusuf-di8cw]

Finding yourself a good broker is as same as finding a good wife, which you go less stress,you get just enough with so much little effort at things

[@TurlaGarrington]

Please can I sign in from Australia ,is it possible?

[@janklaas6885]

📍5:14

[@arthurwilliams8925]

As soon as he mentioned Joe Biden… I’m out!

[@felmoy2320]

Shut up bro

[@xxllbb55]

Never from this guy !!!!!!!!!! TRUMP will FAIL / stock market will crash ! WHEN ?

[@mike.1]

Stock market will never crash again. Only up 💪

[@ponaliramos9773]

Gayest! Ha I beat you all!

[@Biggerfoot]

I think starting a business is a scam it’s just a people processor, it’s never yours even from the start, it’s the governments and always only temporary and anything you build should never be temporary

[@andrewmarthie5062]

Last

[@RudolphSmith]

First

[@mkg304]

Lex is an obedient pro-establishment nerd. It's really just who he is, it's his flaw and limitation. He would pee his pants of the crayons touched the pepper anywhere outside the line. I have 0 respect to those who aren't free thinkers.

[@calebscott1100]

How would mark know? The guy has literally fallen into success his entire life.

[@andreasleonhard1512]

Keep hating

[@ilbgentyl]

Would be a nice problem to have lol.

[@AI-Consultant]

He basically bought another guys technology

[@abenjamin13]

Doing the “hard” is actually “hard” people 🫵

[@ReeInvesting]

thank you