If you are one of those people who are not afraid to constantly try new things and even fail again and again, this article is exactly for you - read it!The U.S. billionaire Mark Cuban lives a life which most people envy . He was able to sell his Dot-com company in the late 90 s for 5.9 billion dollars. But who is he and how did he achieve such a success?
Mark Cuban is a successful businessman, his net worth is estimated at $ 2.9 billion. However he had numerous failures as an entrepreneur who was trying to do business with anything. His ideas and initiatives as a tireless entrepreneur were so many and in most cases they were a failure. But he did not give up his goal to succeed in business and to be among the richest people in the world.
Meanwhile, Mark has a blog on the Internet, which is one of the most visited and famous in the world. There he writes about things related to his business, business opportunities, difficulties, success, failures - all that he has achieved and how he was able to overcome the difficulties that he encountered.
A few years ago Marc wrote in his blog an article entitled "Success and Motivation -You should succeed only once". In this article Mark Cuban mentions about his numerous failures in business - his business with garbage bags, dry milk, his bar business - as a bartender and a bar owner, etc.
In business you do not have to be a superstar. In practice, it does not matter how many times you hit the ball hard and score a point. In business, to get your success you should succeed only once.
A single successful battle hooks you up for life. That's the beauty of the world of business, money, and entrepreneurship.
After graduating from Indiana University , he began working as a bartender in Dallas. He also worked as a salesman in a computer store , but was fired less than a year after starting , because one day instead of opening the store he went to a meeting with a client to discuss a new business proposal. At that time Mark Cuban decided to take fate into his own hands. His first company, Micro Solutions, was sold in 1990, several years after it was founded to CompuServ for 6 million dollars .
What brought Cuban big money however was his next venture Broadcast.com. Cuban founded Audionet.com with a friend from college, and subsequently renamed it to the company Broadcast.com. The idea behind Broadcast.com was to broadcast live sporting events that everyone wanted to hear about online. By 1999 , Cuban managed to develop his company so well that it generated 13.5 million dollars in revenue in the second quarter of the year. That was during the dotcom boom.
Yahoo then bought it for 5.9 billion dollars in 1999 just before the Dot-com bubble burst. Here's what Mark Cuban made with his 5.9 billion. In 2000 he bought the majority shares in NB basketball team Dallas Mavericks for 285 million dollars. Because of rude behavior during the matches of his team and for criticizing the league he was fined by the NBA over 1 million dollars. He donated to charity the same amount he was fined each time.
In 2002 he married Tiffany Stewart, and the two now have three children. In 2004 he started his own reality show called The Benefactor, resembling Donald Trump's Apprentice. The winner received $ 1 million. The war of words between the two most discussed U.S. millionaires did not stop, especially since Cuban copied the design of his reality-format from the show of Donald Trump. Trump was truly contented when the show of his rival was taken down, and then happily gave interviews to the U.S. media calling Cuban a loser. Cuban in turn, said that he felt sorry for Donald.
Mark Cuban also bought a private jet for $ 40 million and built a huge house at 2230 square meters in Dallas and had a lot of fun. When the Dallas Mavericks won the NBA cup he celebrated the victory with a number of celebrities such as Lil Wayne. That night at the club he paid 90,000 dollars for the after party and left $ 20 000 tips. In the ranking of the billionaires by the Forbes in 2011 Mark Cuban was at number 459 with a personal fortune estimated to 2.9 billion dollars.
