June 14 (Bloomberg) — Entrepreneur Mark Cuban discusses the U.S. Economy and starting a business with Trish Regan at the Clinton Global Initiative in Chicag…
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Part of 2010 Conference on Entrepreneurship. Description: A group of entrepreneurs talk about what they learned in the trenches that they never could have le…
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TV will be dead very soon. The ISPs know this which is why they are doing
everything in their power to try and destroy net neutrality and stop google
from rolling out high speed internet. There is limitless content even now.
There is not enough time in the world to sift through all the content and
every year the amount of content on the internet doubles. Cuban is living
in the past.
I agree with most of the things Mr Cuban said except in one thing “The
internet was design for everything but videos” That would be the same if
you say the telephone was designed only for the phone calls What about the
evolution of the telephones to smartphones ? What about evolution of simple
Internet and regular TV to symbioses of TV Internet interactive network?
Today thanks to the internet we have different devices, cars or services
integrated and connected in one system and life became more interesting
than used to be just 20 years ago. I cannot imagine what is going to be
invented in next 20 years.
Mark Cuban got lucky during the tech bubble. We should not listen to his
advice because neither intelligence nor experience led to his fortune. It
was luck, nothing more nothing less.
the internet is designed for everything except video… wat
Trust me, you cannot start your business idea without money, I’ve been
trying for 32 years and it doesn’t work.
One thing i do not agree with was when he said ”
“The internet was designed for everything BUT video and television was
designed for video”
Which isn’t true doesnt want to admit the sad truth as you see im watching
this on video threw the internet and television will die off if it doesn’t
combine the two
what business did mark cuban start with absolutely no money? oh yeah the
internet thing…i think he got really lucky and was in the right place at
the right time with a right idea, and had the help for the really techy
stuff like computer programming. Once the ball got rolling then you can use
money to start other things…..strip mark cuban of everything and what
could he start with no money? I do think he is a pretty smart guy though,
but I cant think of any business to start with no money.
I think almost every small biz starts with a loan.
*Only Morons start a business on a Loan*
Interesting video from +Bloomberg News interviewing Mark Cuban. Here is
some of his points *99 percent of small businesses can start-up with next
to no capital*, its more about the effort, Small business *don’t fail from
a lack of capital* they from a *lack of brains*, from a lack of effort.
Most just are willing to in the time to work smart. #entrepreneur
#startup +Jaclyn Sorese +Vania Benavides
Mark Cuban: Only Morons Start a Business on a Loan
So basically his new TV network idea is Justin tv? Its dumb as hell to
pretend that youtube is stale when youtube does way more live events than
his network.
Blah, blah, blah.
Cuban does not play
He isn’t making that statement to say that it doesn’t work, but that it is
extremely risky.
hes saying STARTING a business with a loan is stupid , creating a proven
concept can be done without a lot of capital
Dam this guy is a moron.. As long you can create value more than the rate
you borrowed, u are all good.. Ever heard of after tax borrowing effect?
Cuban was incredibly successful doing things a certain way, his way. Others
have tried to imitate that way, and have failed miserably. Others have
tried other ways, including loans for startups, and have been incredibly
successful. Mark is very smart, but he doesn’t know everything.
Mark is a moron.
his fellow sharks got started on a loan…lol
Make money with other people’s Money
people learn from mistakes.
“im working 24hrs a day, 2:14” lmao
Google was born with a credit card.
This guy made some really wise moves
I find it interesting that Apple took a fall with Newton, anyone who
studied gravity should have seen that coming.
Basic business management should be taught throughout schools at all levels.
A personal finance class should be required for any non-business majors.
Colleges don’t teach how to balance a checkbook because that is an
antiquated thing best left to high school education.
For the same reason you should’nt, because people like to hear themselves
“TALK”
Video editor needs to adjust audio levels appropriately. Nice video still.
Schools just don’t teach the common sense stuff in business school and the
dedication you have to put towards your business to make it work.
55:00 – Heh. I have almost the same experience. We get together for
meetings. But the problem is that it’s to get the subordinates to do
something while the managers kick back. I have little respect for managers
at my previous company. The subordinates do almost everything while the
managers pinpoint what’s wrong AFTER an incident’s occurred. Then they push
the blame to the subordinates because….well, it’s the peons who did all
the work! “I didn’t do it! Blame the one who did the job!”
Excellent video. There exists one glaring omission in the route to
entrepreneurial success: LUCK. For every successful venture, a dozen or
more lie in its wake. And one piece of advice for future MBAs: if you want
to learn to be an entrepreneur, skip school altogether and start a company.
You’ll learn more by investing your precious time and money into setting it
up, growing it, scaling it, and selling it. MBA programs seem to do little
more than polishing future consultants or bankers.
The sequoia guy should stop producing noise and listen more to the three
real entreprenurs.
He’s put off by the guy in the striped blue shirt. It seemed he felt
undermined by the suggestion that he was only successful by default because
he started at the dawn of the internet age.
You need to look again at your finance course concerning leverage. Bank are
not in debt because they don’t teach in schools how to balance checkbook…
Leverage (and thus very high ration D/E) : you amplify your gain with a
minimum amount of capital which is one of the main idea of leverage.
Hey so are you an avid listener/learner? Then tell me what the main points
of this video…you may get a job with Stanford.
Is it me, but it feels like those start-ups are just a way to rip stock
market “investors”? Looks like only the woman in the middle has an actual
business that serves people and generates revenues, everybody else is in it
for a gamble. Shouldn’t BSchools be ashamed of it? Or feel that something
is odd here?…
$13 mil on a $1500 investment…yeh pretty much boss right there
Oh yeaaah, gotta get all these numbers called monnies so i can grow as a
part of a system that is internally the same size, lets not go and explore
space, lets explore the “economy”
7 years sales experience, baby! If you’re looking to get experience- work
part-time in retail, if only for the experience in what customers are
like/how to work with them.
Mrkhanyay, well said, very well said. How interesting that point is indeed.
When she spoke later to the women about how entrepreneurship was compatible
with being a mother, it was really just an excuse to try and flog them some
Farley’s Rusks.
Precious information presented in a very good way here. Thank you for
sharing.
What the teacher continues to miss. A very pertinent solution…gee “she”
is offered 245 million dollars … and they did not listen to her …da…
the student wants to get an answer and ol teach himself missed “her” answer
cause he chose the ol chap that looks like him self literally…LOL!
CEO entrepren. David Cassidy,(Harvard), Nazila Alasti, (Stanford), Will
Price (Northwestern U mba). Main points: What led them to decide to follow
an entrepreneurial path. What was the biggest surprise once you jumped in.
Lessons learned – what are the 1 or 2 key lessons that have been important
to your success or learned from lack of success (failures). How and where
did you learn these one or two key lessons. How did or didn’t business
school prepare you, that has been of great importance.
I remember once Tony Bennette was interviewed about his secret of success
and he was like “Lady Gaga”. Think about it, Lady Gaga has her “power” of
being a successful young woman; therefore, she might be someone that
business schools need to study on.
Please, make a suggestion on how to stop borrowing money…… You can’t
because it’s an inevitable part of our current monetary system. With no
debt, there is no money. Interest guarantees that debts cannot be paid off
in full because there is never enough money in supply to fill the demand. I
suppose we could change from a monetary system to a resource based economy,
but that wouldn’t serve the ones with money like our current system does so
that’s unlikely to happen.