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How To Start A Business

How To Start A Business

  • I wrote overviews of what I was selling, why I thought the business made sense, an overview of my competition, why my product and/or service would be important to my customers and why they should buy or use it.
  • Once I could put the idea on paper, I gave the company a name.
  • I tried to find people to shoot holes in the name.
  • It’s as if the missing link for success in a business is cash to get started. It’s not.

242

1.47K reads

MORE IDEAS ON THIS

Try Out Many Things

Try Out Many Things

  • Every day some stranger somewhere in the world is trying to come up with a way to put you out of business. To take everything you have worked your ass off for, just take it all away. How cool is that?!
  • Never settle. There is no reason to rush. If you aren’t happy with where you are, ...

226

699 reads

Ultimate Competition

Ultimate Competition

  • Always ask yourself how someone could preempt your products or service.
  • Always run your business like you are going to be competing with biggest technology companies in your industry—Google, Facebook, Oracle, Microsoft, whomever.
  • The sport of business is the ultimate competit...

233

854 reads

Learn From Failures

Learn From Failures

The point of all this is that it doesn’t matter how many times you fail. It doesn’t matter how many times you almost get it right. No one is going to know or care about your failures, and neither should you. All you have to do is learn from them and from those around you because … All that matter...

226

658 reads

Learn How To Learn To Earn

Learn How To Learn To Earn

  • Once you have learned how to learn, then you can try as many different things as you can, recognizing that you don’t have to find your destiny at any given age—you just have to be prepared to run with it when you do.
  • The greatest obstacle to destiny is debt, both personal and...

234

967 reads

Raising Cash Is The Biggest Mitsake

Raising Cash Is The Biggest Mitsake

  • The minute you take money, the leverage completely flips to the investor. They control the destiny of your dreams, not you.
  • There are only two reasonable sources of capital for startup entrepreneurs: your own pocket and your customers’ pockets.
  • Businesses don...

244

1.33K reads

MARK CUBAN

“Every no gets me closer to a yes.”

MARK CUBAN

230

736 reads

LifeLong Learner

LifeLong Learner

  • It’s always the little decisions that have the biggest impact.
  • I read more than three hours almost every day, but it gives me a level of comfort and confidence in my businesses.
  • I spend time in bookstores because one idea from a book or magazine can make me money.
  • As ...

231

992 reads

“The worst evaluator of talent is a player trying to evaluate himself.”

MARK CUBAN’S COACH

222

1.15K reads

Effort

Effort

  • In sports, the only thing a player can truly control is effort. The same applies to business.
  • I had to kick myself in the ass and recommit to getting up early, staying up late and consuming everything I possibly could to get an edge.
  • Effort is measured by

231

832 reads

Only One Single Time

Only One Single Time

  • In business, to be a success, you only have to be right once.
  • One single time and you are set for life. That’s the beauty of the business world.
  • With every mistake and failure (not only mine, but also of those around me), I learned what not to do.

224

708 reads

WTF To-Do List

WTF To-Do List

  1. Recognize that it’s okay to live like a student.
  2. The cheaper you can live, the greater your options. Remember that.
  3. Take lots of chances: It means trying different things to find out what it is you love to do.
  4. Figure out if you are in the right job.
  5. Figure out...

254

2.09K reads

MARK CUBAN

Success is about making your life a special version of unique that fits who you are—not what other people want you to be.

MARK CUBAN

236

864 reads

6. Don't worry about perks from the outset.

7.Open offices keep everyone in tune with what is going on and keep the energy up.

8. As far as technology, go with what you know.

9. Keep the organization flat.

10. NEVER EVER EVER buy swag.

11. NEVER EVER EVER hire a PR f...

237

1.53K reads

What Is Edge?

What Is Edge?

  • The edge is getting so jazzed about what you do.
  • The edge is knowing that you can fail and learn from it, and just get back up.
  • The edge is knowing that people think you’re crazy, and they are right, but you don’t care what they think.
  • The edge is knowing how to blow ...

226

737 reads

Hire The Best

Hire The Best

  • “Everyone has got the will to win; it’s only those with the will to prepare that do win.”
  • Win the battles you are in first, then worry about expansion internationally or into new businesses.
  • Jobs = getting paid to learn.
  • Take the lead, and you can con...

227

761 reads

Learning == Earning

Learning == Earning

  • The thing you do need to do is learn. Learn accounting. Learn finance. Learn statistics. Learn as much as you can about business.
  • Read biographies about businesspeople.
  • Going to college should be about learning how to learn and recognizing that learning is a ...

236

1.01K reads

Start Small

Start Small

  • Sweat equity is the best startup capital.
  • The best businesses in recent entrepreneurial history are those that began with little or no money. Dell Computers, Microsoft, Compaq, Apple, HP and tens of thousands of others started in dorm rooms, tiny offices or garages.

233

1.19K reads

Kick Your Own Ass

Kick Your Own Ass

  • Entrepreneurs always need to be reminded that it’s not the job of their customers to know what they don’t.
  • It’s part of your job as the owner of the company to stay ahead of them and “kick your own ass” before someone else does.
  • No company is perfect, but the CEO who doesn’t ...

223

698 reads

Twelve Cuban Rules for Startups

Twelve Cuban Rules for Startups

1. Don’t start a company unless it’s an obsession and something you love.

2. If you have an exit strategy, it’s not an obsession.

3. Hire people who you think will love working there.

4. Sales Cure All. Know how your company will make money and how you will actually make sales...

242

1.76K reads

Twelve Cuban Mantras for Success

Twelve Cuban Mantras for Success

1. Time is more valuable than money

2. Commit random acts of kindness

3. No balls, no babies (Once you are prepared, you have to go for it)

4. Work hard, play hard

5. Don’t let fear be a roadblock

6. Expect the unexpected, and always be ready

7. It’s okay to ye...

279

2.45K reads

Path Of Least Resistance

Path Of Least Resistance

  • Everyone follows the path of least resistance.
  • The path of least resistance is why I think Amazon.com, Apple and Google have been so successful.
  • In business, one of the challenges is making sure that your product is the easiest to experience and to sell.
  • ...

227

864 reads

Fundamentals

Fundamentals

  • Get the fundamentals right and then add to your base skills before you try to take on the trick shots.
  • If you are adding new things when your core businesses are struggling rather than facing the challenge, you are either running away or giving up. Rarely is either good for a busines...

230

1.06K reads

 Most Important Job In Every Company

Most Important Job In Every Company

  • The best salespeople are the ones who put themselves in their customer’s shoes and provide a solution that makes the customer happy.
  • The best salesperson is the one the customer trusts and never has to question.
  • The best salesperson is the one who takes immense satisfaction f...

224

723 reads

MARK CUBAN

“Your biggest enemies are your bills. The more you owe, the more you stress.

The more you stress over bills, the more difficult it is to focus on your goals.”

MARK CUBAN

229

989 reads

CURATED FROM

IDEAS CURATED BY

prince_rahul

"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."

Here, “I” refer to Mark Cuban

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