Wednesday, December 26, 2007

Success and Motivation Lessons from a Billionaire

I know Sunday is my normal Link Love day, but I just couldn't pass up sharing this; in case any of you don't already read Mark Cuban's Blog.

A couple of day's ago Mr Cuban re-posted a few blog articles from back in 2004 which detail how he got started, and some of the lessons he learned along the way. Here are a few of my favorite parts ...
"I remember being 24 years old, living in Dallas in a 3-bedroom apartment with 5 other friends. This wasn't a really nice place we all kicked in to move up for. This place has since been torn down. Probably condemned. I didn't have my own bedroom. I slept on the couch or floor depending on what time I got home."

Definitely a "rags to riches" story.
"It's always the little decisions that have the biggest impact. We all have to make that 'make or break' call to follow orders or do what you know is right. I followed my first instinct: close the sale."

"I would continuously search for new ideas. I read every book and magazine I could. Heck, 3 bucks for a magazine, 20 bucks for a book. One good idea that lead to a customer or solution and it paid for itself many times over. Some of the ideas i read were good, some not. In doing all the reading I learned a valuable lesson.

Everything I read was public. Anyone could buy the same books and magazines. The same information was available to anyone who wanted it. Turns out most people didn't want it."

"In basketball you have to shoot 50pct. If you make an extra 10 shots per hundred, you are an All-Star. In baseball you have to get a hit 30 pct of the time. If you get an extra 10 hits per hundred at bats, you are on the cover of every magazine, lead off every SportsCenter and make the Hall of Fame.

In Business, the odds are a little different. You don't have to break the Mendoza line (hitting .200). In fact, it doesnt matter how many times you strike out. In business, to be a success, you only have to be right once."

Seriously, this is well worth 15 minutes of your time ... go check it out the whole post for yourself

Keep havin FuN!
Todd

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