Billionaire Mark Cuban lately instructed LinkedIn’s “The Path” podcast his three keys to success — and why what’s in his checking account is not certainly one of them.
Cuban, 65, most generally identified for his function on “Shark Tank,” boasts a web value of $6.72 billion, in response to Bloomberg. His journey into affluence started at 32, when he offered his preliminary enterprise, software program agency MicroSolutions, to CompuServe for $6 million. Eight years later, he climbed the billionaire ranks with the sale of his subsequent endeavor, Broadcast.com, to Yahoo for $5.7 billion.
At present, Cuban is the proprietor of the NBA’s Dallas Mavericks and the cofounder of Price Plus Medication, an organization he launched final yr with the target of reducing prescription drug costs.
Right here, Cuban gives recommendation to entrepreneurs about how to achieve success in enterprise — and in life.
1. Have objectives
Relating to success, Cuban believes it is much less about financial good points, and extra about setting intentional objectives and feeling a way of goal in what one does.
“Success is not essentially how a lot cash you may have,” Cuban mentioned on the podcast. “Success is simply setting a purpose and with the ability to get up each morning feeling actually good about what you have completed.”
2. Continue to learn and keep curious
“I feel what I try this in all probability separates me is that I am infinitely curious,” Cuban mentioned. “There’s nothing I am not taken with studying about.”
Cuban has lengthy been vocal about his dedication to lifelong studying. In 2020, he instructed Males’s Well being that “studying was really a ability” and persevering with to be taught is how he is “capable of compete and sustain and get forward of most individuals.”
Fellow billionaire Invoice Gates additionally emphasizes studying to wind down — a behavior {that a} 2019 examine of over 200 self-made millionaires discovered to be a standard observe, with 86% saying they flip to books as a substitute of tv to decompress.
3. Do not stress it
Issues will come up in any office, however the way you deal with your self (and people round you) will set you aside, and result in extra alternatives in the long term.
“Cut back the stress of individuals round you,” Cuban mentioned. “Should you’re a stress reducer, everyone desires you, so there’s all the time going to be one thing so that you can do.”
