Why Mark Cuban Knew His Tech Company Was Going to Be Successful
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 9 April 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
Learn why Mark Cuban knew he was going to be successful with his first technology company.
The article is here.
Are you investing well for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.
If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2% or 10% on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars.
Your compounding rate, and how well you invest, matters!
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 863. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:07.0 | It's like. |
| 0:08.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:14.0 | Yeah, I'm full of bed-a-e-e-a-e-a-e-h-h-h-h-a I'm gonna live a good life Step into a world of wealth and |
| 0:25.0 | a world of wealth and financial freedom without budgets, boredom or bosses, |
| 0:31.0 | on Be Wealthy and Smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's Wealth Mentor, |
| 0:42.0 | Empowering Women and men worldwide to financial freedom. |
| 0:45.1 | On today's show, we're going to talk about billionaire Mark Cuban and why he knew his business |
| 0:51.0 | was going to be a success. And I have a few other things to talk with you about, but |
| 0:56.7 | this article seemed really important to me for a lot of reasons. Some of it is mindset. Some of it is about becoming a billionaire. And some of it is about a repeat of the cycle of the technology slash internet days that we're experiencing right now with cryptocurrency. |
| 1:14.0 | So I want to talk with you about a few things as we go through this article. |
| 1:19.0 | But this comes to us from CNBC and it was written by Taylor Lock. And it says, Mark Cuban from And the article says in the mid-90s just before the dot-com bubble, Mark Cuban was approached |
| 1:37.6 | by a friend about a business idea. As a fellow sports fan, his friend Todd Wagner, pitched Cuban that it would be lucrative to start an internet audio company where users could listen to sports games online. |
| 1:52.0 | Sold on the possibilities Cuban agreed. |
| 1:55.0 | And in 1995, the duo created AudioNet, which later became broadcast.com. |
| 2:01.0 | At the time, the internet was a very new concept to most people so Cuban and Wagner |
| 2:07.0 | faced many critics who didn't believe the company would succeed. When I'd tell |
| 2:12.0 | people the vision they'd say say, you're crazy, I'll just turn on my TV, |
| 2:16.4 | I'll just turn on the radio, Cuban said in a recent episode of the Starting Greatness |
| 2:21.4 | podcast. People would laugh at me, but that didn't matter to Cuban. |
... |
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