I'm glad he mentioned luck. That was a surprising level of honesty. I'm also glad that he mentioned the need to treat employees better. Those were the only reason why I let this video play.
@theosname Жыл бұрын
He did say luck at 1:03. The very next thing he said was more important though. By far the most common way to become rich, is to be born rich.
@Here4TheHeckOfIt Жыл бұрын
@@doublecheckityt Just use the word luck. It shorter.
@Here4TheHeckOfIt Жыл бұрын
I agree. I also liked that he said people probably couldn't repeat the same success if they had to do it all over again. Reminds me of the Twilight Zone episode "Of Late I Think of Cliffordville" @T1Oracle
@sammieolat Жыл бұрын
@@theosname this just gonna put off those who wanna be rich but arent born rich, yes some had rich parents but doesnt mean others who wanna be successful cant do the same without rich parents
@Odog78 Жыл бұрын
100% This dude is legit.
@seljiang Жыл бұрын
Marc Cuban started a company that sells important generic drugs for almost half the price. Dude is literally saving lives and being so humble about it
@aogly10 ай бұрын
Not to mention all the investments he’s made into young entrepreneurs, sports, etc. dude is actually one of the good ones
@Eren-mt9rn9 ай бұрын
There are no good ones just less disgustingly evil
@spike54999 ай бұрын
@@Eren-mt9rn what did he do that's digustingly evil
@avainvestmentanalytics9 ай бұрын
Boy you've been fooled. Learn the facts and the truth about Cuban. He's a total fraud and business idiot.
@Eren-mt9rn9 ай бұрын
@@spike5499 Labor exploitation, I researched a little and admittedly he is better than most people of his caliber.
@joezegers Жыл бұрын
Only Mark Cuban can have the skill to look intimidating and inspiring at the same time!
@Woodshadow Жыл бұрын
dude just needs some botox
@HORNGEN4 Жыл бұрын
@@Woodshadowit actually looks like too much Botox. Sagging lower lids require surgery
@InaQuarter Жыл бұрын
@@GetWardsyou good bro?
@tradingelk6914 Жыл бұрын
A better question is what he's even looking at. I feel like there's a dancing dog on top of my head and he can't look away
@HORNGEN4 Жыл бұрын
@@GetWards I was just mildly upset the other commenter didn't know how Botox works. It's neurotoxin that relaxes muscles. So...I mean if anything his muscles look "too" relaxed. Of course, I don't think anyone *needs* cosmetic surgery, and I respect people who aren't so vein. You caught me, I do think about vanity more than I'd like.
@Sujal.s.sawant6 ай бұрын
It's insane how much quality of information this 15 min video holds.
@tudore_jams6 күн бұрын
And wisdom too. None of it was bs.
@doim1676 Жыл бұрын
You can hear that hes a sales guy, everybody else in the videos is calm and collected and just tries to share their world with us and hes just straight up shouting at us and ngl... Definitly works. Im absolutely into it despite never having had a single thought about starting my own business 😂
@metalgod542 Жыл бұрын
Makes you instinctively think "What business could I start" 😂
@corail53 Жыл бұрын
And if any sales guy actually talked like that they would be not be getting a sale, especially not in todays world.
@Clowanda Жыл бұрын
@@corail53you’ve never met a sales person then they are just like this lol
@Danstry Жыл бұрын
@@corail53you sound dumb
@fos1451 Жыл бұрын
@@corail53it depends on what you’re selling and the people you’re talking to
@Kreonkreon Жыл бұрын
I’m glad he said “the customer is rarely right” I ALWAYS say that
@patrickwilson247410 ай бұрын
You and him are basically twins!!
@matrixphijr9 ай бұрын
The actual full quote is, “The customer is always right in matters of taste” anyway, which basically just means the customer is entitled to like what they like, NOT that they have the right to treat anyone like crap.
@bekanimal8 ай бұрын
slightly unrelated, but also how I basically feel when teaching entitled students ...("the [entitled] student is rarely right") .. (I also have non-entitled and non-bratty students who are there to actually learn and be respectful and then their attitude toward the class lends itself so much better to rewarding and fulfilling learning, who'd'a'thunk!)
@cara8045 ай бұрын
it's irrelevant if the customer is right...make them happy or you don't have customer...usually that means they believe they are right...
@spornge4 ай бұрын
I always say the customer does not know what they want, they just know what they want it to do
@PianoDoctor Жыл бұрын
Mark Cuban is the kind of Billionaire who actually seems fun to hang out with.
@djjazzyjeff1232 Жыл бұрын
You imply that most aren't, you been hanging out with Billionaires on the regular? I cannot imagine it being anything other than an absolute blast lol.
@fishtofu3214 Жыл бұрын
@@djjazzyjeff1232 he's not implying that's just what you believe based on the sentence provided
@nullptr. Жыл бұрын
Yeah.. no. Being a billionaire is antithetical to being kind, no single human should ever hold this much power and resources over others.
@mateoduquelondono Жыл бұрын
@@nullptr.You are a communist
@TheRetardization Жыл бұрын
@@nullptr. u must not know who mark is. everybody has a different story. not all billionaires the same.
@marketingplus Жыл бұрын
TIMESTAMPS 0:16 leave job to start company 0:50 do billionaires create jobs 1:40 best question I've ever been asked 2:36 sports investment vs gamble 2:48 is the customer always right 3:10 great businesses that people don't realize 4:08 what would you change about sports industry 4:19 Crypto 5:22 why do most businesses fail 6:06 NFTs 7:34 what's something you wish you knew before starting a business 7:50 name image likeness 8:33 who's the best shark on shark tank? 9:02 most annoying business buzzword 9:24 explain series ABCD funding & what is venture capital 10:00 common mistake entrepreneurs make 10:24 best habits for success 11:00 CPA vs CAC 12:00 when is it time to call it quits 12:55 did you ever want to give up? 13:50 why is medicine so expensive in America?
@udbdkuhsvd5000 Жыл бұрын
Thank you so much ..
@_LINO_kid Жыл бұрын
I love u ❤
@waynepalumbo8917 Жыл бұрын
I love Mark Cuban because he understands social responsibility for people who have an insane amount of money. Yes he has fun and has luxuries but i think he appreciates it, vs most others who just want the power.
@Hieronymus1450 Жыл бұрын
so naive omg, grow up kid
@waynepalumbo8917 Жыл бұрын
@@Hieronymus1450 do you just read through KZbin comments and reply with douchy responses?
@nawti2371 Жыл бұрын
I don't think I can ever accept the statement that a billionaire is a good person. Not saying he's an evil person but if he ever really felt that level of social responsibility that you speak of, he couldn't stay a billionaire.
@waynepalumbo8917 Жыл бұрын
@@nawti2371 ok
@djjazzyjeff1232 Жыл бұрын
@@waynepalumbo8917 Yes, don't you? 😂
@witchblade10037710 ай бұрын
I always love listening to Mark Cuban talk business stuff, he doesn't sugar coat anything, he tells you how it is and and don't be lazy.
@j.c.maxena535210 ай бұрын
"Billionaires have to be lucky. Maybe you have a rich parent." So honest and so true.
@lucasasselmeier78255 ай бұрын
Yup but not when we talking in millions, that’s something anyone who has the power to change can accomplish!!
@noir2967Ай бұрын
@@lucasasselmeier7825still need luck for that, though considerably less
@SMPthings Жыл бұрын
Mark just shut down 80% of finance/business gurus on YT. 🔥
@TheDTVOfficial Жыл бұрын
He's really a sales guy.. I'm not thinking about starting a business but the way he spoke made me want to take up the challenge and start my own..
@Matthews_Resume3 ай бұрын
If it encourages you more there is refreshing freedom in having your own business.
@dreamlifter2701 Жыл бұрын
For a one percenter, He’s very honest I’ll give him that. I like how he’s aware that you have to be lucky to be that rich. Most rich people would lead you to think that all you want to do is chase money but in reality they’re all trying to invest in time. Don’t let the world fool you, your time is more valuable than anything, no matter what!
@Here4TheHeckOfIt Жыл бұрын
His advice is actually pretty good. Down to earth and realistic.
@Yesme1989 ай бұрын
Sign of a expert salesman😂
@LowTide9418 ай бұрын
@@Yesme198you mean actual good advice centered around people?
@jimdorsey8891 Жыл бұрын
I just sent this to my children. I led the country in sales and your answers mirrored the younger me as now I am almost 74. You’re 100% right about sales. I wish I could meet you in person.
@persnicketyVC9 ай бұрын
Just turning 24, good to see you here on the internet dear sire. Hope you and your family have all been well!
@TheWallProductions178 ай бұрын
"Led the country in sales" that is extremely broad lol
@paromita_ghosh3 ай бұрын
@@TheWallProductions17😂😂
@aestheticclown2200Ай бұрын
@@TheWallProductions17 LOL literally. Like what does that even mean😭
@raphaelwong3429 Жыл бұрын
Three green flags to be a disruptor: 1. An industry has not changed in decades. 2. An industry complicates the business so no one gets in . 3. An industry that seems complicated but simple business. Wow! Mark has offered some solid business advice. Thank you for Mark! Hopefully, I will be a millionaire in 2028. PS: His biography is worth reading!!
@EntrepreneurHomage Жыл бұрын
When you have the means and proper people to do the legal side of the business, you can get into any industry.
@elijah__ Жыл бұрын
@EntrepreneurHomage getting into an industry does not equal disrupting it. You aren't wrong but I don't know why you said that or where you're going with it
@EntrepreneurHomage Жыл бұрын
My reasoning is that it's not just about having the means, but also having good legal structure around you. This is a pain point for many, hence people like Mark are exploiting that. @@elijah__
@KurraAswini Жыл бұрын
I will become ur solemate by 2028
@raphaelwong3429 Жыл бұрын
If you are my soulmate, why not invest the future now? Why wait 4 years? Hahahaha Much love :)@@KurraAswini
@CountChopulla4 ай бұрын
That tax question was personal and he was 100% directing that to specific someone
@bIooddАй бұрын
Elon? Pretty sure he pays the most taxes in America
@Bloodark124 Жыл бұрын
I've not heard people talk about being curious for a very very long time. This is why Mark stands out here compare to the rest. Curiosity should lead you learning, knowledge and understanding, which is powerful to be successful for sure. Great stuff.
@BryanInvest Жыл бұрын
Mark Cuban is the type of billionaire I want to be if I ever make it big. The guy exudes passion, coolness, and wisdom.
@craigslist6988 Жыл бұрын
lol you're not going to make it big hahahahahhaha
@TKInternational76 Жыл бұрын
@@craigslist6988you should question your life decisions, stranger. I mean no harm.
@craigslist6988 Жыл бұрын
@@TKInternational76 🙄 take a long walk off a short pier. I mean no harm though bruuh
@EntrepreneurHomage Жыл бұрын
You be the best version of yourself ;)
@tubesism Жыл бұрын
Not a single person in this comment section will ever be a billionaire. I would bet a billion dollars on it!
@shininio Жыл бұрын
So weird feeling when you enjoy listening a multi millionaire. It’s refreshing to hear somebody successful and rich who is not a douche bag
@David-ne2wx Жыл бұрын
Sounds like you're jealous
@onlygoodperson Жыл бұрын
billionaire*
@shininio Жыл бұрын
@@David-ne2wx don't worry, something tells me I'll never feel jealous because of you
@David-ne2wx Жыл бұрын
@@shininio you're poor, angry, and dumb
@Itza-Me Жыл бұрын
I'm pretty confident he's a douchebag, otherwise he wouldn't be as rich as he is.
@va1445 Жыл бұрын
If I could give this 1,000 thumbs up I would. He get a bonus 100 for how emphatically he proclaims "one of the most patriotic things that you can do when you're wealthy is pay your motherf***ing taxes." Love this guy!
@luminous69699 ай бұрын
Yep! Those missiles aren't gonna buy themselves, gotta keep that war machine funded baby!
@Zisis.K Жыл бұрын
7:33 The answer of this question was so nice. I hope it will raise awareness to new business owners. Respect.
@ohh2752 Жыл бұрын
Yes. He doesn't have to admit that either. Props to his honesty.
@enriquearroyo2846Ай бұрын
Mark I still I have stream respect for you I'm currently a kidney patient I do dialysis 3 days a week I'm not the way I used to be anymore I'm 66 years old now I've collected prime instruments most of my life and I love to play music on my guitarist I have a brand new piano I can't do these things anymore and I want to sell them to help me with my expenses but I have no idea how to start because I have a hard time pardoning with them but I know I have to I respect your advice thank you have a great day brother.
@ljwhitmire200 Жыл бұрын
The hardest thing I ever had to learn was that there are bad customers. Getting rid of bad customers really got rid of a lot of problems that were being caused by only a couple of customers.
@lucasasselmeier78255 ай бұрын
Yup and good customers spend more, get more out of what your selling, tell their friends and have better experience, easy to fulfill. The list never ends 😅
@Matthews_Resume3 ай бұрын
HEAR !! HEAR !!
@Chriva Жыл бұрын
Duuuude. That guy is a legend. Wish more wealthy people were like that
@djjazzyjeff1232 Жыл бұрын
They are actually. Do you know any wealthy people? They're usually charming AF. You don't get to that level by being a stick in the mud.
@Chriva Жыл бұрын
I know one and he's cool AF. I'm certain most people that WORKED to get there actually are really nice people. Same can't be said about families that has been doing it for 50+ years (Take a look on people in the medical and oil industry. Scammers and lying pricks most of them)
@pomelopompelmo Жыл бұрын
Non-famous multimillionaires and billionaires are frequently absolutely lovely people. It’s the celebrity ultra-wealthy who give them a bad name.
@chowsquid Жыл бұрын
@@djjazzyjeff1232 it’s their kids you kinda worry about. Those who earned it knows how it came to be.
@djjazzyjeff1232 Жыл бұрын
@@chowsquid 100% facts. You know the saying, "Hard times create Strong men, Strong men create Easy times, Easy times create Weak men, Weak men create Hard times." Couldn't me more accurate, especially when applied here!
@Tom-ev4rg Жыл бұрын
I have really come to appreciate Cuban. He seems like he has a high degree of self-awareness.
@victoriaaak Жыл бұрын
What a truly great guy. So much respect for his outlook.
@Dash_Inc Жыл бұрын
7:00 "DON'T SPECUL...mleahhh" Wiser words have never been spoken...
@organicmilk5 Жыл бұрын
Thank you for still calling it Twitter lol
@cp37373 Жыл бұрын
It's literally not Twitter dummy
@gavinmorris95 Жыл бұрын
Tf else is he supposed to call it??
@zeinfeimrelduulthaarn7028 Жыл бұрын
@@gavinmorris95X
@jbOO7 Жыл бұрын
@@gavinmorris95X
@toonieblue Жыл бұрын
@@gavinmorris95X? lmao
@samantham.8265 Жыл бұрын
When we eat the rich, I kinda want us to spare Mark Cuban
@dreamsachiever2129 ай бұрын
🤣🤣🤣🤣
@chanson85089 ай бұрын
Agreed 🙌🏾
@everythanggrey379 ай бұрын
Nah they all going
@ArthurB269 ай бұрын
Yall ain't eating nothing, the 1% of the 1% can afford private islands and private militaries to defend them 😂
@everythanggrey379 ай бұрын
@@ArthurB26 When the time comes those some militaries getting paid pennies will give them up too, you gone see
@TRJE114 Жыл бұрын
That was better than any Marc Cuban interview Ive ever seen. . This format allows people to get more indepth understanding of what you really want to know; how and why people think! Brilliant.
@alcubierre-drive5 ай бұрын
This video may be one of the best business lessons I’ve ever seen, and it’s completely free! Thanks Mark Cuban, Wired, and KZbin!!
@ThatsSoGiorgio Жыл бұрын
I love how brutally honest he is. Very transparent. He annoys me on shark tank and he’s my least favorite shark but I can see why he’s so picky. He’s a brilliant man who gets straight to the point.
@Oxmodius197 ай бұрын
Call me weird, but his eye contact is superb. Never looks around to think, always stares at the same place. Scary, yet powerful.
@diggyj2509 Жыл бұрын
I seldom come across WIRED. Glad to have watched this. Thank you WIRED and Mark for this Entertaining + Educational + Inspiring video!
@devinkoerner344 Жыл бұрын
That was honestly one of the best entrepreneur videos i've seen to date, straight to the point and packed with knowledge.
@denizplays1307 Жыл бұрын
I remember Charles Peralo did an interview livestream with Mark Cuban about a year ago (or two years), and it was funny to me how both talked to each other and put a smile on my face, besides all of the business stuff Mark is a nice guy!
@kelsey23338 ай бұрын
Charles peralo is in love with himself.
@clap-os3fu10 ай бұрын
Does it get any more American than this man?
@midimojo8 ай бұрын
It does. He's way too laid back in his approach towards taxes here, that's not very American. Well, not very American for the average rich American
@suecampbell4811 Жыл бұрын
Thanks for keeping it real Mark! Just because you know multi-syllabic words doesn't mean you need to use them. Just because you can devise a complex business model doesn't mean you need to do so. The average person reads on a fifth grade reading level (the Flesch-Kincaid level is used to be sure public/business/advertising documents are geared to that level). So it makes more sense communicate in a way that most people will grasp. Same with the business model - keep it simple with few potential gaps. Loved how Mark described the pharmaceutical industry - why and how did it become so freaken complicated?
@ezybreezy10636 ай бұрын
he is just the uncle that we all like to listen for his wisdom and knowledge. good tips.
@fun71180 Жыл бұрын
I like his honesty about luck and overall. He has principles and values.
@EarthsChoiceApothecary Жыл бұрын
Mark you truly have been inspiring to me for so so long. Even during my most difficult medical hardships in the recent years, I kept coming back to your words of encouragement. Thank you for being YOU.
@RisingShadow11 Жыл бұрын
mark is honest and down to earth love his answers
@sandlertrainingmiami4 ай бұрын
Mark's advice aligns well with our sales training principles, particularly his focus on adapting to market needs and understanding your customers. Here are some questions we suggest you can use to better understand your prospects: - What key things can you tell me about the business? - Where do you see the biggest need for improvement? - If the situation didn’t improve, or even worsen, how concerned do you imagine you or the business would be? This is a great reminder of how key persistence and strategic approach are in sales. Love it 💯
@enthusiasticgrog4653 ай бұрын
"The customer is always right, *in matters of taste*." This is the original quote.
@DFact13621 Жыл бұрын
It's been awhile since I watch an entire video on KZbin. I love listening to him.
@dishcleaner2 Жыл бұрын
I felt like I was learning how to be a better "salesman" just by listening to this dude talk about his ideas. Cool dude
@ThebestOne-sc6uo4 ай бұрын
borlest - forbidden money books (thank me later)
@TflonDonKikeBeater4 ай бұрын
Are you rich?? No
@AlbeVargi4 ай бұрын
La veterinaria bionda che mi fece perdere il bambino a scritto a mia figlia uscire ore dieci come chiudere cancelli a Orosei e arrivato alle dieci la lettera
@Dan-k4x4 ай бұрын
Shut up scammer
@Damnto4 ай бұрын
Lol he is tho @@TflonDonKikeBeater
@AlbeVargi4 ай бұрын
Business banchiere almatrimmonio
@TheChillCorner9311 ай бұрын
I love how this video is so educational in the simplest terms
@hwago1236 ай бұрын
I like his description of VCs, he’s very self-aware.
@aykhanislamzade Жыл бұрын
Idk how right I am but he has always been fair with his offers in the show and is always down to earth and kind in the interviews. Really like the guy 👍
@kevinoconnor17043 ай бұрын
I didn't really know much about Mark other than that he's on Shark Tank. And less than 90 seconds in and I already have so much respect for this guy.
@iicyjay Жыл бұрын
He answered everything I would've asked him in person. Amazing video!
@pelago_3 ай бұрын
I could listen to mark talk about this stuff for ages, what a resource.
@Anon101sss Жыл бұрын
Mark, you're awesome I really apreciate the no bs content
@loudermilkhomes6 ай бұрын
He deserves everything, he worked hard to get there and is a genuine person! Hope to see him continue to inspire people
@NextLevelTherapy Жыл бұрын
Thanks wired. Huge value given with the pace, diversity, and number of questions answered. 🙌🏾
@_skyyskater10 ай бұрын
I really appreciate Mark's honesty and humility in this video. Great watch.
@ka7665 Жыл бұрын
I saw this post on FB the other day. The interviewer asked, "If you could have dinner with someone, who would it be?" Of course the interviewees all said their celebrity crushers, Taylor swift, etc. I'm a straight guy and I'd choose to have dinner with the legendary Mark Cuban. I will gain MORE knowledge on that one dinner with Mark than I've ever learned over the past 28 years of my existence. I wish to meet this guy even just once in my life. It'll be totally worth every minute.
@javier.alvarez764 Жыл бұрын
Hang out with billionaires and you'll learn how to make money
@MirioLOL20 күн бұрын
1 dinner isn't gonna teach you everything.
@bmuns64454 ай бұрын
I love Mark Cuban. He’s a high energy, positive person with grounded morals and ethics.
@AkBirdman17 Жыл бұрын
I love Mark Cuban. Literally the only billionaire I respect. "The most patriotic thing you can do is pay your motherfucking taxes". Love that, and totally agree. People are so cynical about paying taxes now it makes no sense to me. They cheer on billionaires who find loopholes and pay less in taxes than them. We need less billionaires, all they are are money hoarders. Can't spend all that money even if they tried.
@bbb_888 Жыл бұрын
Even if billionaires paid more taxes, would it really benefit you? Taxes go to the government, but do they have your best interest? Tax "loopholes" exist intentionally for anyone to use. Why not take advantage of what's legally available? But different countries have different laws, so be careful. This is just my perspective tho.
@djjazzyjeff1232 Жыл бұрын
I would staunchly disagree. America was founded LITERALLY by people who were pissed off about how much taxes they paid. Paying Taxes couldn't be more antithetical to what this country is. But philosophy aside, you can't just hike up the tax rate TOO aggressively, you'll collect ZERO because they'll just move to Puerto Rico. And they're the exact demo who has the capability to do something like that.
@daviddavis5800 Жыл бұрын
Billionaires don't hoard money. They invest it or spend it or save it in a bank that then invests it. Billionaires also don't have billions of dollars stockpiled, they have a net worth of billions meaning they would only have billions of dollars if they sold all of their companies, investments, and assets.
@AkBirdman17 Жыл бұрын
you literally just explained how they hoard money while saying they don't hoard money. If youd like to substitute the word "money" with "assets" then that doesn't really change my argument, does it?@@daviddavis5800
@djjazzyjeff1232 Жыл бұрын
@@daviddavis5800 Not "a" bank, dozens, if not hundreds of banks!
@notdeweydafu38554 ай бұрын
Man imagine having a half an hour conversation with this guy. He just knows so much about life and the system we live in and he says it out no problem
@dhaniammar2252 Жыл бұрын
THIS IS THE BEST WIRED INTERVIEW EVER
@txvikingАй бұрын
Some good advice in this video. My three best takeaways: 1) Stay curious. Read. LEARN. 2) Any industry people hate is ripe for disruption 3) The customer is NOT always right - but you still have to keep them happy.
@SuperMrBlaze Жыл бұрын
Imagine an education system where this guy would be your teacher! Now, that would be awesome!!!
@midge211210 ай бұрын
Wow! This was tremendous. He was so honest and direct. Go Mark Cuban and thank you Wired for making this video!
@rickybishop8388 Жыл бұрын
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
@malone7655 Жыл бұрын
After I got upto 900k trading with expert Angela Mae McClain,I bought a new House and I'm now able to send my kids to a better school in the states When someone is straight forward with what he or she is doing people will always speak up for them.
@malone7655 Жыл бұрын
she's always active on Whats'akp
@malone7655 Жыл бұрын
+130
@malone7655 Жыл бұрын
1909
@malone7655 Жыл бұрын
4463
@abdirahmanb.5223 Жыл бұрын
I love this man, he’s smart and so humble
@AbirHasnat95 Жыл бұрын
1. Read 2.Curious 3. Agile 4. ABS (Always Be Selling)
@lindanicolex3 ай бұрын
Mark Cuban is such a humble and personable guy. Love seeing it!
@dropfry9 ай бұрын
Mark has serial killer, psychotic, heartless eyes even though he's very carismatic and maybe the most relatable billionare possible.
@justchris846 Жыл бұрын
Dude, the first question you answered, was probably the most valuable one in this video.
@cobblecattt Жыл бұрын
"PAY YOUR MOTHER FUCKIN TAXES" I like this guy.
@iliyaisd8 ай бұрын
The last part regarding drugs sums it up why it has always been so difficult for me to start business: there's so much content, this content does explain it quite well, yet you realize that there is so much unethical there. Like he said: everybody hates them. But even when the product itself is ethical, also everybody hates ads. Everybody hates the way marketing campaigns are. And you realize you gonna have to do it all to move anywhere at all.
@jardorocks Жыл бұрын
These are true gems of information and inspiration! Thank you, Mark!
@toobarehman84167 ай бұрын
He's so smart and answers wisely. He knows his industry so well.
@theonlykisboi Жыл бұрын
Literally want to start my own business just so I can spend time with my family, not feel so freaking burnt out everyday, I have a small thing on ebay and even though it doesn't make a ton I LOVE doing it.
@DeflatingBalloon Жыл бұрын
I love that! Keep it up! You never know what it could turn into to. Especially with passion behind it. :)
@corail53 Жыл бұрын
Starting your own business means you will have less time and more burnt out if you want to make it big.
@canadude6401 Жыл бұрын
Listen to Mark's response 5:47 You can't have both time with the family and a successful business in the early stages. That comes much further down the line AFTER you hustle!
@SmithySmithTheFifth Жыл бұрын
Sell crack cocaine
@nitsujanimations721210 ай бұрын
You know when a person truly understands what he's talking about, is when he explains complex things , it does not seem too complicated.
@TGF120 Жыл бұрын
Mark I always liked and respected you and even more so now. Truly. You deserve everything you got and then some.
@jamesharrison1178 Жыл бұрын
The fact this dude seems legit and transparent means he’s after the same thing to common man is after. Money. Which in turns buys happiness.
@canadude6401 Жыл бұрын
Money doesn't buy happiness. Here is the real equation: money buys freedom. Freedom buys happiness. People should aim for freedom in life (no debt, no boss, not working a dead end job). If you have tons of money, you have tons of freedom to do what you want, when you want, how you want.
@emmacarmichael2403 Жыл бұрын
I like how you still refer to it as Twitter 🐦
@cp37373 Жыл бұрын
Dumb
@thehumanrebuildd Жыл бұрын
X
@GameTime-yj6qvАй бұрын
This video is loaded with incredible tips and useful information. Marc Cuban is refreshingly honest and you can tell he's a very bright businessman.
@grantstuckwisch21 Жыл бұрын
"The most valuable asset to me wasn't the money, it was the time that money could buy."
@StephRae6 ай бұрын
As a Customer Service "expert" I loved his answer. The customer is rarely right but the customer has so many options they must be respected and understood. It also explains why as an entrepreneur I have had failings because I was trying to appease rather than building the best "mousetrap". Double-edged sword and then you add in the luck variable, well 😬. I will keep working and tenacity is at least my strong suit. 🤩
@stefanbucur6472 Жыл бұрын
I agree with pretty much everything he said except for NFT's. There are industries that boom after a period of stagnation and there are industries that just die because they are not that useful for the average consumer. I think the NFT industry is one of those. When you buy an NFT you're technically not even buying the rights to a certain image as he made it sound, but a link.
@leonlu7646 Жыл бұрын
well... that's not true... please look up on-chain... you are also limiting the application of NFT to art..
@LucMMailloux Жыл бұрын
NFTs have the potential to be sooo much more than images. I'm no fan of NFTs in their current form, but Cuban is right about their potential.
@echoct506 Жыл бұрын
I thought he made a good point about using them as a means to validate tickets. I'm curious about how that could be used to cut out scalpers, but I see the potential. @@LucMMailloux
@joncarroll2040 Жыл бұрын
I think he's probably right about the future of NFT being in things like ticket but the idea that you should buy NFTs because you love NFTs is laughable. No matter what you love in terms of collectibles buying the physical version is a better investment and more enjoyable
@Adambiguous2 Жыл бұрын
Ordinals are NFTs stored directly on the blockchain
@franciscodiaz3028Ай бұрын
People talk about spending money to have the ear of an expert, meanwhile here we have this goldmine. There was some powerful stuff here. Thank you Mark!
@G-Major Жыл бұрын
If your digital good is only valuable when recognized by a central authority (literally what tickets are for), you don't need decentralized NFTs. You can just do it with normal web sites and apps. Steam marketplace figured this out in like 2012. Neopets did it in like 1999 lol
@brendancurtin679 Жыл бұрын
I mean you’re right but that doesn’t mean there’s no value to NFTs. One of their potential benefits is interoperability. If you’re Ticketmaster, you’re not going to use NFTs; you’re going to have your own proprietary system. But you’re also a monopoly and you’re a middleman. If you’re the actual ticket issuer, and you’re big enough (like a major sports league), you’re probably going to have your own proprietary system because the ecosystem can be big enough and popular enough to survive. But there’s a limit to how many different apps and systems and whatnot people are willing to use. And outside of a few major organizations like sports leagues etc., you’re not going to have hundreds or thousands of different in-house systems. Most people will use a third party, like Ticketmaster. That’s where NFTs potentially offer better value. Assuming they’re ultimately built on the same blockchain or protocol or whatever, there would be such a lower barrier to entry. Companies with some IT know how issuing tickets could maybe do it in house to issue the original tickets (and buyers could resell on different marketplaces) or they could use third parties to help with creating and issuing tickets but have lots of options to choose because all can ultimately sell the tickets in the different marketplaces. So I think NFT tickets allow for ecosystems with more players, fewer barriers to entry, and less money to be made by middlemen that create and control an ecosystem that they can shut companies out of, if they don’t pay more and more or follow their top down rules.
@G-Major Жыл бұрын
@@brendancurtin679 But those crypto marketplaces are third party middlemen, as are the crypto wallet apps and exchanges. All of them have their own transaction costs, security risks, customer support, app UX, legal jurisdictions, etc. You're almost certainly gonna have less overhead if you just pick a single digital wallet/trading provider and integrate that into your customer support, app, legal, IT, etc. Crypto doesn't need to be involved to accomplish any of that. If you really want to prioritize decentralized transactions between untrusted entities, you can make the tradeoff I guess. But I don't think a typical ticketing venue actually gets good cost-benefit out of it.
@corail53 Жыл бұрын
@@brendancurtin679 There is no value to NFT's and tickets are bad use case.
@tamern515 Жыл бұрын
I’m so agreeing with Mark. He surprised me when he said you got to have “Luck” to be billionaire, so honestly true. I was surprised with his honesty
@Headlikeanorange84 Жыл бұрын
The question in the thumbnail is asked at 01:34.
@nobil_hussan_mubin7 ай бұрын
Every second passes, and I feel like I am hearing the best ever business lesson. What a great person Mark Cuban is!
@Andersonian1995 Жыл бұрын
Mark Cuban is one of the few billionaires who actually gets it - anytime he speaks, I listen.
@jeneuweenlaf94811 ай бұрын
I like that he realised he shldve treated people better back then. Shows a guy willing to own up and grow up. He's my favourite Shark.
@RahulBarman15 Жыл бұрын
This was a great video. Mark is a great guy sharing so much. Love him
@wolfheart540811 ай бұрын
His description of venture capitalist is ultimate
@dahunter136 Жыл бұрын
Love his advice videos. Does this mans have a podcast?
@Aleksandar6ix Жыл бұрын
Yup, great advice. Helps me know that I don't feel cut out for running a business beyond where I am now, being a store manager for a larger company.
@CritVanTuyl Жыл бұрын
Thanks for the constant sound advice, honesty and compassion.
@musicbysazid Жыл бұрын
Spitting facts out here.
@TheCollectiveTCG Жыл бұрын
Why I love Mark. He’s always down to tell it how it is and educate those who want the knowledge.
@Dave-zl2ky9 ай бұрын
As a small business owner for many years I can say, Mark, you are the best. Thanks for another super video.