Billionaire Mark Cuban not too long ago informed LinkedIn’s “The Path” podcast his three keys to success — and why what’s in his checking account is not one in every of them.
Cuban, 65, most generally identified for his position on “Shark Tank,” boasts a web value of $6.72 billion, based on 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 this time, Cuban is the proprietor of the NBA’s Dallas Mavericks and the cofounder of Value Plus Medicine, an organization he launched final 12 months with the target of decreasing prescription drug costs.
Right here, Cuban affords recommendation to entrepreneurs about how to achieve success in enterprise — and in life.
1. Have targets
In the case of success, Cuban believes it is much less about financial positive aspects, and extra about setting intentional targets and feeling a way of goal in what one does.
“Success is not essentially how a lot cash you have got,” Cuban mentioned on the podcast. “Success is simply setting a objective and having the ability to get up each morning feeling actually good about what you have achieved.”
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 excited about studying about.”
Cuban has lengthy been vocal about his dedication to lifelong studying. In 2020, he informed Males’s Well being that “studying was really a talent” 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 research of over 200 self-made millionaires discovered to be a standard follow, with 86% saying they flip to books as an alternative 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 at all times going to be one thing so that you can do.”