Billionaire Habits: How Mark Cuban Built a Fortune from Scratch

Mark Cuban, who is a billionaire in the United States and the owner of the Dallas Mavericks, constantly repeats the same narrative.

Cuban became a billionaire in 1999 when he sold a website that covered music and events, broadcast.com, to Yahoo for a price of $5.7 billion.

According to him, at the time, a lot of people informed him that he was really fortunate.

After that, Cuban tried to take over other Major League Baseball teams in the United States. However, three of his ideas were unsuccessful due to unforeseen circumstances.

These setbacks made people remember that Yahoo had been fortunate throughout its history.

But he can’t help but wonder where his luck was before he began Broadcast.com when he tried his hand at a number of other enterprises and they were all unsuccessful. Where was his luck when he had to struggle to make a living for a good number of years and attempt several ideas that, one after the other, did not pan out?

He did not achieve any level of success in any of his three projects: the first, the second, or the third. He had been trying for a very long time until he finally succeeded in selling Broadcast.com. It has been there from the beginning.

The person who has had the most important influence on me throughout my life has been a boss, and he or she always told me the same thing: “luck always comes up while you’re working.”

The Cuban people see it as obligatory. You must never stop attempting new things and put your faith in the fact that time is on your side.

Those who have been putting forth effort are the ones who are most likely to “discover” success when it finally arrives.

It is obvious that being there does not guarantee anything, but one thing that is clear is that outcomes will never materialize if you are not there to see them.

A subscriber sent the following to me in an email the other day:

“Every weekend is spent partying and I have a Mercedes, an iPhone 13, a three-story mansion, Netflix, and all my friends’ numbers. There is always sufficient time and financial resources for it.

There is never enough time, and there is never enough money, to study how to start an internet company, to invest, to get familiar with how to network, or to purchase a book for $20.

Then you will gripe about it when one of your friends achieves success and is able to afford to spend the rest of his life on a beach somewhere.

You’ll claim it’s luck.

You can’t just sit around and expect to stumble across a good fortune. It does not wait for you, nor does it cry out to you. It is impossible for you to know where it is either, therefore, your only option is to look for it.

Amateurs will continue to believe that it’s just chance. However, those who have experience in the field, or who read my subscription, are well aware that success is not guaranteed and that a proper strategy, despite the fact that it does not guarantee anything, puts you closer to achieving your objective.

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