Who do you think is more admirable – a founder of a social website or an entrepreneur who got his hands dirty to succeed? Well, both have different appeals, different ways of pursuing their goals; hence, more than the money one rakes in, it’s about one’s journey, it’s about what he does… that counts.
For this one, we feature Mark Cuban, a self-made billionaire and an American visionary whose outspoken ways are oftentimes misunderstood.
More Than Just Great Ideas. Being a son of an automobile upholsterer, Cuban understood the value of hard work that even at the tender age of twelve – he sold garbage bags just to buy basketball shoes. Then during High School, he worked as a bartender among others. And to fund his college studies, he collected and sold stamps among his many ventures.
See, just as handling a company or a basketball team for that matter, ideas only serve as a goal, a map – execution is what would make or break you.
MBA: Managing By Anatomising. Here, we delve into one of Cuban’s most controversial views – an MBA is an absolute waste of money. That there’s a ton of online courses you could take if you have a hole in your knowledge base. That he doesn’t give an advantage to hiring someone just because of an MBA.
This is certainly true, and the only ones who’d probably disagree are those who really needs an MBA on his bio to advance. Like I’ve always said, “business is just common sense”. It’s simply buy, sell, and invest that less competent people complicate to “gain” advantage mainly over up and comers, or weaker professionals.
An individual’s true potential is seen not through his education, or experience to a great extent, but by what’s up there and how he acts on it. For the real value of an MBA is not the Masters in Business Administration you know but about one’s ability in Managing By Anatomising.
Shark Tank and Research. While we know of the Shark Tank show as tough yet entertaining, it basically serves as something like a strainer for great potentials that seeks funding… after all, they’d be coughing out money. Yes the show got sponsors, still, it’s not simply about hiring for an organization.
For would-be entrepreneurs who are actually Leaders in their own right, Shark Tank and many investors put a premium in well-researched business plans that adapts to changes. They don’t take chances but manages risks as much as possible to assure success in their ventures. Risk management is about information. Information is about research. Research ability determines entrepreneurial and leadership skills. If you have it, it would show – in your words, comments, suggestions, and blogs.
As people can fake their credentials, they cannot cheat their being. Consistency. Conviction. Conduct. And for Mark Cuban to be part of such a show says a lot about his no nonsense approach to business, win and win at all cost – something that only sharks understand.
What’s your take?