Famous Failure – Mark Cuban

Born on 31st July 1958 in Pittsburgh, Pennsylvania, his father Norton Cuban was involved in the work of automobile padding and cushioning.

Mark Cuban delineated his mother as someone with “a different job or different career goal every other week”. He is an American billionaire entrepreneur, TV personality, media proprietor, and investor. He is the owner of the National Basketball Association’s (NBA) Dallas Mavericks, co-owner of 2929 Entertainment, and chairman of AXS TV.

He wrote an e-book on “How to Win the Sport of Business” in which he portrayed his experiences in the field of business and sports. Cuban’s journey to riches has its stories. Cuban worked as a bartender at Elan and then, as a salesperson for “Your Business Software”, one of the earliest PC software retailers in Dallas. He failed at bartending because he couldn’t open a bottle of wine without the cork falling in. He failed at short-order cooking because he never knew when the food was ready unless he cut off a piece and tasted it. And he failed as a salesman at a computer distributor when he was fired after less than a year on the job.

He failed many times in his life before reaching the height he decided for himself.

From a garbage bag seller to a newspaper seller, Mark made him familiar with the hardships that came in way. At the age of 25 years old, he started his own company, Microsolutions, which was initially a system integrator and software reseller. The company grew to 30 million dollars in revenue and it was later sold to Compuserve in 1990 at the age of 32 years old.

He also created Broadcast.com which was later acquired by Yahoo in 1999 when it was sold for $5.7 billion in stock. Cuban has also assisted ventures in the social software and distributed networking industries. Mark Cuban- a well-known inventor (neoteric) of 11 patent families and 23 distinct patent publications for his inventions.

Mark has been a part of a reality show called Shark Tank for 13 seasons, where has invested in 85 companies. His biggest investment out of those 85 companies is in Ten ThirtyOne Productions with USD 2 million for a 20% stake in season 5 in 2013. Later the company was sold to Thirteenth Floor Entertainment Group

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