Notes From Mark Cuban

I recently finished Mark Cuban’s e-book, which is a collection of some of his best blog posts. For those who don’t know him, he owns The Dallas Mavericks, Landmark Theaters, HDNet/AXS TV Network, Magnolia Pictures, and is a partial owner in countless other companies.

When Mark was 27 years old, he was living on the floor of a 3-bedroom apartment, which housed 6 people. He was completely broke, living solely from happy-hour bar appetizers, and devoting his life to his company. The only thing he owned were his clothes, which sat in a pile on the floor.

Pile

He devoted his life to his business, and by the time he was 29, sold that business for $6 Million. He used that money to start his next business, which was eventually bought by Yahoo. Today he is worth more than $2 Billion.

While his book does not directly talk about music in any way, his focus on customer service, sales, competition, and extreme work ethic should be helpful to anyone.

Here are some of my favorite quotes:

  • “Unless you’re already a legitimate professional, any time you get offered a paying job, whether you love the work or hate the work, you should treat it as being paid to learn.
  • “It’s not who you know. It’s not how much money you have. It’s whether or not you have the edge, and have the guts to use it.”
  • “The one thing you can control in life is your effort”
  • “Your focus should always be on learning. Most people won’t put in the time get a knowledge advantage.”
  • “Most have the will to win. Few have the will to prepare to win.”  (Bobby Knight)
  • “You must be brutally honest with yourself, and recognize where you are adding value, and where you are going along for the ride.”
  • “When you hit a rough patch, the temptation is to “turn on the thinking cap” and find something new to do. Don’t fall prey to the temptation. Focus.”
  • “A happy customers tells 1 person. An unhappy one tells 20.”
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