Monday 6 June 2016

Mark Cuban Is Focused on Time Rather Than Money

Having sold garbage bags as a teenager to having sold several Internet ventures that had turned into huge profit, Mark Cuban's Broadcast.com was one that earned him about $5.7 billion in 1999.
Now, aside from his role in Shark Tank, owning NBA's Dallas Mavericks and film ventures,  Mark Cuban is becoming one of the richest men in America.

In an interview, he said that money is something he works hard to get and never takes for granted.

If there was one thing he could mend, he said, was that at a young age, he formed an idea of comparing himself and his assets to other millionaires. He forgot to use his money to create more time.

Indeed, we may lose ourselves looking for the best investments and no one can blame us; we're just looking for our backs in the near future once our bodies are unable to work for us any longer.

Like Mark Cuban, time is everything and is extremely important.

While Mark Cuban is quite great in terms of financial management, he has only a few charitable institutions he trusts. He believes that many of these charities have huge overheads and have their inefficiencies that prove to be bothersome.

In his interview, Cuban said he prioritises being liquid in case he needs money during possible emergencies.