I've stopped taking Mark Cuban seriously long ago. The guy got lucky once, and mistakes it for business genius, it is that simple.
Sure, if you have a couple of billion lying around it is easy to tell other people how to solve their problems. But unlike say Warren Buffet I've yet to see him do something that commanded my respect.
I'd challenge Mark Cuban to follow his own plan, pretend he's broke for 60 days and then show that by his own measure he can make it work.
If he succeeds with that he'll definitely have me take him serious again, but I doubt he could and until that happens this is just another "I'm rich therefore I blog" addition to the S/N ratio.
Before Broadcast.com, he started a computer company (MicroSolutions) and ran a very successful hedge fund. After Broadcast.com, he bought the Mavs, started HD Net, formed a charity (Fallen Patriot Fund), actively invests as an angel and cofounded numerous movie production & distribution companies.
Broadcast.com was certainly lucky, but Cuban was already a millionaire long before becoming a billionaire.
And on top of that, when he talks, it makes sense! I mean, it feels like what he is saying is true even though I don't personally have an evidence to support it. The numbers could be anecdotal, who knows. In 6 Billion people, there are probably going to be one or two or 10 people who make every "wrong" decision and still become billionaires.
It's just that Mark Cuban seems to attribute most of his wealth to Mark Cuban and a very small %age of it to luck whereas it most likely is the other way around.
Sure, if you have a couple of billion lying around it is easy to tell other people how to solve their problems. But unlike say Warren Buffet I've yet to see him do something that commanded my respect.
I'd challenge Mark Cuban to follow his own plan, pretend he's broke for 60 days and then show that by his own measure he can make it work.
If he succeeds with that he'll definitely have me take him serious again, but I doubt he could and until that happens this is just another "I'm rich therefore I blog" addition to the S/N ratio.