Entrepreneur and owner of an NBA team Cuban brand He is not one to shy away from giving advice to investors, entrepreneurs and other business leaders.
While he has been successful throughout his career running companies and investing in others, Cuban shared the advice he wishes he had received during his early years in business.
What happened: Cuban became a multimillionaire with the sale of Transmission.com to Yahoo! in 1999, a deal that valued the audio company he co-founded at $5.7 billion.
In a podcast appearance in July 2023, Cuban said that in his early years, he was always “on the go, on the go, on the go” and that his partner… Todd Wagner, The co-founder of Broadcast.com told me he was scaring some people with this approach.
When the podcast host asked him for advice for his younger self vijay pande, Cuban offered several takes.
“I wish someone would tell me to be nicer,” Cuban told Bio Eats World. podcast.
The businessman said that you can't succeed if people don't use his version of common sense.
Cuban also said his advice to his younger self would be “Don't screw it up.”
Cuban offered four qualities as advice for those just starting out in business.
“I would say curiosity, the desire and enthusiasm to learn, the ability to sell and the ability to be kind.”
Another piece of advice comes from Cuban's own success: “I've always tried to teach entrepreneurs that raising money is not an achievement, it's an obligation.”
Cuban said that particularly in this market, it is important for companies to focus on profitability and not just on financing.
Did you know?
Why it is important: Cuban's advice comes from a man who continues to run companies, invest in companies and also regularly shares advice with younger generations.
In addition to listening to Cuban on podcasts and in interviews, young business leaders can often get advice and tips from Cuban on his Twitter account. accountwhere he regularly shares his opinions and advice with his 8.8 million followers.
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This article was previously published on Benzinga and has been updated.
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