The entrepreneur of the day is Mark Cuban. He cofounded Broadcast.com in 1995 and sold it to Yahoo for $5.7 billion dollars in 1999.

Below are top Mark Cuban quotes. 

1. It’s not about money or connections — it’s the willingness to outwork and outlearn everyone when it comes to your business. And if it fails, you learn from what happened and do a better job next time.

2. You always have to know what business you are in. Everybody thought we were in the basketball business. It’s an NBA team; we are not in the basketball business. We are in the business of creating experiences and memories.

3. Work like there is someone working 24 hours a day to take it all away from you.

4. Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but aren’t as expensive to pay.

5. I went seven years without a vacation, but I sure managed to have fun. (source)

6. My dad says it over and over, ‘Today’s the youngest you’re ever going to be. You’ve got to live like it. You’ve got to live young every day.’ And that’s what I try to do. (source)

7. If you really want to know where your destiny lies, look at where you apply your time.

8. Keep a pulse on the stress levels and accomplishments of your people and reward them. My first company, MicroSolutions, when we had a record sales month, or someone did something special, I would walk around handing out $100 bills to salespeople. (source)

9. No balls, no babies. (source)

10. Always ask yourself how someone could preempt your product or service.

11. Learn to sell. In business you’re always selling – to your prospects, investors and employees. To be the best salesperson put yourself in the shoes of the person to whom you are selling. Don’t sell your product. Solve their problem.

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