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How I Built This with Guy Raz

Serial Entrepreneur: Mark Cuban

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 5 December 2016

⏱️ 35 minutes

🧾️ Download transcript

Summary

Mark Cuban made millions off of tech startups, then billions off of stocks — and later went on to buy and revive the Dallas Mavericks. He has come to define the persona of the serial entrepreneur. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, Prime Members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New Year's is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:31.0

Every business I've started, I would count the months in my profitable.

0:37.0

Do I have enough to pay the bills? I mean, I've been in the situation enough times with startups where the bill collectors were calling on a continuous basis.

0:45.0

And back then, you had answering machines, and it was like you didn't want to hit the button on the answer machine because, hello.

0:52.0

Mr. Mark Cuban, I've left 17 messages.

0:59.0

From NPR, it's how I built this.

1:04.0

A show about innovators, entrepreneurs, idealists, and the stories behind the movements they built.

1:13.0

I'm Guy Roz, and on today's show, how Mark Cuban figured out that something called the Internet was going to transform the economy

1:20.0

and how he turned that hunch into millions and then billions of dollars.

1:27.0

So if you know who Mark Cuban is, you've probably seen him on Shark Day.

1:34.0

Who are the sharks? They're self-made millionaire and billionaire investors who are entrepreneurs themselves.

1:41.0

And if you don't know the show, basically there's a panel of investors who are the sharks,

1:46.0

and they hear a bunch of pitches from people who are trying to start a business.

1:50.0

So do you like the idea, and would you want to see a net increase of 30 to 50% in your company?

1:56.0

Again, what was my question to you?

1:58.0

And when Mark Cuban is doing the judging, he didn't sometimes be kind of a jerk.

2:03.0

Of course I like the deal, which is why I offered you a chance to close it.

...

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