Mark Cuban is a billionaire American businessman and investor. He is the owner of the National Basketball Association‘s Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and is the chairman of the HDTV cable network AXS TV. He is also one of the main “shark” investors on the ABC reality television series, Shark Tank.
Naturally, great experience comes with tremendous wisdom. Each quote below encompasses how the man continues to brilliantly enhance his image and empire while also reminding us that hard work and determination do actually pay off.
Doesn’t matter if the glass is half-empty or half-full. All that matters is that you are the one pouring the water. – Mark Cuban
No matter how troublesome life can become, you are in control of your emotions, decisions, and outlooks on situations. Try not to dwell on how empty or full your life, or the lives of others, might be. Believing that you have control over how much water is poured into the glass of life is a powerful skill.
How you react to not getting the perfect internship, a friend’s betrayal or a loved one’s death can make the glass seem pretty empty; however, you get to decide how much water is poured.
It doesn’t matter how many times you fail. You only have to be right once and then everyone can tell you that you are an overnight success. – Mark Cuban
This one is quite funny and plays to a common myth in society, which is that there is any such thing as an “overnight success.” The truth is that success is always built on a combination of hard work, luck, and grace, and usually, there is a very long journey leading up to it.
A lot of successful people choose to conceal that journey because they love the mystique that comes with being an “overnight success.” But it’s always a lie. Those failures are part of the journey, and no one makes it overnight. It’s great to see a guy who made it to the top who admits that.
Image: Sporting News
Every no gets me closer to a yes. – Mark Cuban
The word “no” leads many of us to see it as a failure. “No” comes in different forms: the test you just failed, the interview that didn’t lead to a job and the person who tells you “you can’t.” We look at that “no” often enough to never go near it again.
“No” does not mean defeat, however. It is an opportunity to get closer to the “yes” for which you are searching. Do not let the “nos” of life impact your goals.
“Nos” are part of your story, and if you keep working hard, they will lead to many “yeses,” which often turn out to be better than the opportunities for which the “nos” would have provided.
Everyone is passionate about something. Usually more than one thing. We are born with it. There are always going to be things we love to do. That we dream about doing. That we really, really want to do with our lives. Those passions aren’t worth a nickel. – Mark Cuban
It’s the painful truth that nobody wants to hear! “Do what you love and the money will follow” is a myth, if not an outright betrayal. The bigger you dream, the more likely your dreams are not going to hold water as valid career choices. The generation that has grown up in the recession knows this better than most.
Instead of aiming to do what you love for a living, aim instead to do something you can stand which will give you the resources and time to do what you love outside your job.
If you’ve got $25,000, $50,000, $100,000, you’re better off paying off any debt you have because that’s a guaranteed return. – Mark Cuban
This is yet another radical statement in a world where almost everyone lives in perpetual debt. It’s refreshing hearing from someone who doesn’t believe in carrying around debt.
Being rich is a good thing. Not just in the obvious sense of benefiting you and your family, but in the broader sense. Profits are not a zero-sum game. The more you make, the more of a financial impact you can have. – Mark Cuban
This is a great quote because it reminds us that when you make a lot of money, you have the power to help out other people and enact change in the world. Money can be meaningful when you use it to create value.
If you care about making the world a better place, you are in a better positioned to do so when you are empowered with riches. Of course, it is vital not to lose sight of that when you are working toward your financial goals.
What I do know, at least what I think I have learned from my experiences in business, is that when there is a rush for everyone to do the same thing, it becomes more difficult to do. Not easier. Harder. – Mark Cuban
Mark Cuban has made a number of statements about being willing to stand out from the crowd, but this is perhaps one of his best. Why don’t you want to do what everyone else is doing in business?
You may think you are appealing to a trend but just think about the competition. If the market is saturated, you are going to have a pretty hard time finding demand for what you have to sell.
So be unique and stand out. Even though a lot of people may ask what you are doing, you will probably find success more easily if you forge your own path.
Treat your customers like they own you. Because they do. – Mark Cuban
This is a great customer service quote! When you run a business, it is easy to forget that nobody has to patronize you. Your customers patronize you for many reasons; it may be that they think your products and services are the best, or it may be because they think you are the best. But to stay the best, you have to treat them with the utmost respect.
Your success is built on their ongoing trust and support. This quote by Mark Cuban is a reminder that without them, you are nothing. They can make or break you at any time. Businesspeople who never lose sight of that or take their success for granted are the ones who continue to build great customer relationships.
Work like there is someone working 24 hours a day to take it away from you. – Mark Cuban
This is another lesson learned well by members of generations X and Y. Those who graduated into the recession economy know that nothing is certain, and there is no such thing as “job security.” In a market with low job supply and huge job demand, there literally are people working 24 hours a day to get your job.
Never take work for granted. Be grateful for what you have and dedicated to it every minute of the day, because if you aren’t, someone can and likely will take it from you.
It’s not in the dreaming, it’s in the doing. – Mark Cuban
Growing up, we are repeatedly told to dream big, to never stop dreaming and to believe in our dreams. However, we are not told enough that dreams are accomplished by taking action.
Dreams are merely thoughts; the doing is more powerful than the dreaming. The doing is what changes the world and impacts people in unforeseen ways.
Dream of being a physical therapist; apply to physical therapy school and go from there. Dream of being a politician; get involved in local campaigns and work your way up.
We have more control over the “doing” than we give ourselves credit. If you spend all of your time dreaming, you will never grant yourself the opportunity to see what you are truly capable of accomplishing.
What’s your favorite Mark Cuban quote? Leave a comment below.