Cuban brandthe billionaire businessman and owner of the NBA Dallas Mavericks, attributes his success to advice his father gave him when he was just 14 years old. This advice, which Cuban received while working alongside his father, has been a guiding principle throughout his career.
What happened: In a interview With CNBC, Cuban revealed that his father, norton, who worked long hours upholstering cars, took him to work to show him the limitations of working for someone else. This experience motivated Cuban to prioritize entrepreneurial opportunities over high-paying jobs.
“I didn't spend this time learning what my dad did, but rather learning that his work had no future,” Cuban said.
“His time was never his… he wanted me to create my own path.”
“I wanted to make enough money so that I didn't have to answer to anyone else,” Cuban said in a MasterClass published last week.
“I could make my own schedule and live my own life however I wanted,” according to the report.
He also shared how his father's lessons on saving money led him to start several side jobs, including selling garbage bags, stamps, and coins, before he even graduated from high school. These early experiences instilled in him the importance of financial independence.
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Cuban's father's advice has been a constant in his life. He starts each day by spending an hour answering emails on his phone, a practice that allows her to control his time, a luxury he considers unattainable in typical jobs, Cuban told the comedian. Trevor Noah in a recent episode of the “Now what?” podcast.
Because it is important: Cuban's success story is a testament to the impact of early life lessons and the importance of time management in achieving business goals. This narrative aligns with his unconventional approach to business, as seen early in his career in Mellon Bankwhere their proactive initiatives met resistance.
Despite his enormous wealth, Cuban remains steadfast and emphasizes the value of hard work and the importance of time with his children. His journey also dispels common misconceptions about wealth and highlights the importance of passion and commitment in business.
His father's advice has clearly played an important role in shaping the Cuban approach to business and life, reinforcing the idea that the lessons we learn in our formative years can have a lasting impact on our future.
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Photo by Mark Cuban by Kathy Hutchins on Shutterstock
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