This book help change the way I look at business. This book is not written as a traditional book, it is a collection of Mr. Cuban's blog posts. For those of you who are not familiar with Mr. Cuban, he is an entrepreneur who is currently worth 3.3 billion dollars. If you want to learn from some one successful why not a billionaire?
The book starts off with Mark describing his dream of owning his own business. He then describes working for numerous companies and hating each one. Mark then talks about his journey to Dallas, Texas. Just like Anna Kendrick, Mark Cuban traveled to another state without money or a job; all he had was a dream. Mark found a job selling computer software in Texas, but he had no prior knowledge of computer or computer software. The book then shows that Mark learned all of his knowledge of computers and their software by reading manuals in his down time. This part of the book demonstrates how powerful reading is because the knowledge that Mark gained from the manuals transferred over to his first business venture.
The book touches upon the topic of having the edge quite often. I feel that Mr. Cuban hits the nail with his tips. If you fail to keep up with the trends you are bound to be left behind. If some of the big businesses of the past followed these points, then they might still be here today. Mark states that there is always someone out there who is trying to one up your business and it is our job to never let that happen. For anyone saying that this is not true, let's take a look at the biggest social networks in the past decade. One of the first big social networking sites was called Sconex, which was put out of business by Myspace. Myspace was the biggest social networking site until Facebook entered the picture. There have many sites that have attempted to dethrone Facebook, but none have been successful yet. One of the reason why Facebook is still on top is due to the fact that they are staying ahead of the curb. They own the popular messaging service Whatsapp and even own the virtual reality company Oculus.
The book is not all green pastures, the book also touches on some bad luck that Mark had experienced. One stroke of bad luck is when one of Mark's employees cleaned out the business' entire bank account. How would you feel, if all the money you worked hard to earn was stolen from you. Mark used this as a learning experience and worked twice as hard to make it all back. The book is amazing for those thinking about starting their own business. The reason why because it touches on the concept of sweat equity. Sweat equity is a business term for the long hours of work that you put into your business. Not every business is started with large amounts of capital but all successful businesses have an abundant amount of sweat equity. Another reason why this book is great for those starting out in the world of business is because it talks about raising capital.
All in all this book is a short read but the pages are filled with knowledge. Mark Cuban does a wonderful job of illustrating the hardships of running your own business. He also does a wonderful job of showing the rewards of running a successful business. This book is written to give us nuggets of Mark's knowledge and also motivate us. Mark says in the book many times "You only have to be right once." This saying is true because when asked about his failures Thomas Edison said something really similar; "I have not failed. I've just found 10,000 ways that won't work." Two successful men with the similar ideology, coincidence? I think not!
If you enjoyed this post feel free to let me know in the comments below. Fell free to follow in any of the links bellow
Facebook - https://www.facebook.com/BooksByJoshR/
Twitter - https://twitter.com/BooksbyJosh
Patreon - https://www.patreon.com/BooksbyJosh