Mark Cuban, the billionaire "Shark
Tank" investor and owner of the Dallas Mavericks, is known among NBA fans
for racking up fines for misconduct at Mavs games he gets a bit too excited
about. But nothing, he writes in his book "How to Win
at the Sport of Business," makes
him more competitive than business.
Cuban includes a checklist in his book of what it
means to have "the edge," the necessary drive to forego the confines
of a comfortable job, triumph over setbacks, and build a successful company.
He draws from his own experience building
companies in his 20s and 30s and investing in over 100 more, but his insights
represent universal feelings.
According to Cuban:
The edge is...
· getting
so jazzed about what you do, you just spent 24 hours straight working on a
project and you thought only a couple hours had passed.
· knowing
that you have to be the smartest guy in the room when you have your meeting and
you are going to put in the effort to learn whatever you need to learn to get
there.
· knowing
that when the four girlfriends you have had in the last couple years asked you
which was more important, them or your business, you gave the right answer.
· knowing
that you can fail and learn from it, and just get back up and in the game.
· knowing
that people think you're crazy, and they are right, but you don't care what
they think.
· knowing
how to blow off steam a couple times a week, just so you can refocus on
business.
· knowing
that you are getting to your goals and treating people right along the way,
because as good as you can be, you are so focused that you need regular people
around you to balance and help you.
· being
able to confidently call out someone on a business issue because you have done
your homework.
· recognizing
when you are wrong and working harder to make sure it doesn't happen again.
· being
able to drill down to identify issues and problems and solve them before anyone
knows they are there.
· knowing
that while everyone else is talking about nonsense like "the will to
win" and how they know they can be successful, you are
preparing yourself to compete so that you will be successful.
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