Friday, August 28, 2009
CubanSpeak: Controversial Take On Entrepreneurs
Success & Motivation: What Entrepreneurs Should NOT Do Mark Cuban
If you got a billion dollars, and you claim you have people pitch business plans to you every day, I believe you. But I don't have to take the rest of the rant.
Cuban's blog post tells me it is as hard to be an investor as it is to be an entrepreneur. How do you figure out which horse to bet on? Even the obvious ones are not obvious, or Yahoo would have bought Google when Google offered to be bought not long after launch.
If you want to keep your money safe, keep saying no. You will have your treasure minus the inflation. But if you are wanting to grow your money, or even grow it like crazy, then not being able to find that dark horse must really itch.
And as for tall talk, only a handful of companies engage in paradigm shift products and services in each generation. It is hard to spot them, it is hard to get in once you do spot them. But a young Steve Jobs always talked in terms of changing the world, and changing the course of world history. He did deliver. He invented an industry.
How do you separate the wheat from the chaff? That is harder than picking the winning stocks on the stock market. You need instincts, instincts that deliver.
On Business Models: Free Is Not Always Good
Free Is The Future: Picking A Fight With Mark Cuban