Since making his initial fortune, Cuban has been actively encouraging the next generation of wildcatters by investing in startups and sharing his wealth of advice.
- Started his first business at age 12, selling plastic trash bags, to be able to buy a pair of basketball shoes.
- Sold his company, Broadcast.com, to Yahoo for $5.7 billion in 1999, personally netting over $2 billion.
- Has been fined by the NBA more than $2 million, for a variety of infractions, including insulting referees.
- Credits Ayn Rand’s novel, The Fountainhead, for inspiring him to take risks while being responsible for his successes and failures.
- Went 7 straight years without a vacation while he was building his business.
“It’s not about money or connections–it’s the willingness to outwork and outlearn everyone…And if it fails, you learn from what happened and do a better job next time.”
“It doesn’t matter how many times you have failed, you only have to be right once.”
Mark Cuban