In a piece in “Inc.,” Mark Cuban, the billionaire entrepreneur and owner of the Dallas Mavericks (a team that includes that German player who preceded the great European import to New York, Kristaps Porzingis…we forget his name…Dirk something?), offers advice to students at the University of Pennsylvania. He tells students that “the American dream is alive.” Indeed it is. It’s alive and well. As Cuban states, “”I don’t do the show (Shark Tank) to get deal flow. I do the show because it sends the message that the American Dream is alive and well. Shark Tank is the No. 1 show in all of television watched by families together. And everyday people come up to me and say, ‘I watch the show with my 12-year-old, my 15-year-old, and for the first time they’re interested in business.’ And to be able to get kids excited in business … I call it the new-age lemonade stand. It sends the message that anybody can start a business, anybody who works hard can be successful, and that’s why I do it.” Well said.
Cuban also discusses how students should never stop learning. They shouldn’t just learn when they’re in a classroom. They should learn every day of their life. As he so well articulates, you must keep learning, you must keep adapting to new technologies “because none of us live in a world we’re born into.” Beautifully said indeed. We’re Mark Cuban fans…what can we say? The guy keeps NBA referees honest and he inspires the next generation of American entrepreneurs.
He also says that aspiring entrepreneurs should know what they’re good at. Cuban, as he admits, is no perfectionist. He can be sloppy. We could never have guessed from his wardrobe. We kid. But that’s a good thing to recognize — your weaknesses — so you can find others who complement your skills, who are strong where you’re weak. It’s quite important in business. In life. And in college and MBA admissions!