Mark Cuban: The advice I got from a mentor at 22 years old that I still use today

Billionaire investor Mark Cuban discovered many key lessons in his 20s that led to his success – one among them was to be a higher listener, and he is used a particular method to do for many years.

“I like to talk, and I’m an interrupter,” Cuban mentioned on a current episode of the “Wild Ride! with Steve-O” podcast. “My kids, my parents, my friends, just would crush me on that.”

When Cuban was 22, a mentor of his seen his talkative nature, too, and inspired him to hear extra, particularly throughout work conferences.

“I got this job out of college that didn’t last very lengthy. They did not like me very a lot,” Cuban mentioned.

But there, “this guy who was trying to be my mentor [said], ‘I’m going to give you a tool that you can use: Every time you go into a meeting, I want you to have a notepad, and the minute you sit down, I want you to write the word ‘Listen’ right there on your notepad. [Y]ou need this because you don’t listen.'”

Since, the behavior has caught with Cuban.

“No lie,” Cuban mentioned, “if you go back over the last 40 years now that I’ve been going into meetings and taking notes, I write, ‘Listen,’ first thing.”

The means to hear successfully has helped him study higher as properly, which Cuban usually says is key to his success.

“I recognized that learning was truly a skill,” Cuban told Men’s Health in 2020, “and that by continuing to learn, to at the present time, I’m capable of compete and sustain and get forward of most individuals.”

Although studying to hear has helped Cuban all through his profession, it did not save him from hiccups alongside the way in which. After graduating from Indiana University in 1981, Cuban quit or was fired from three straight jobs.

But that led him to start out his personal pc programs firm, MicroSolutions, which made him a millionaire – in 1990, he offered the corporate to CompuServe for $6 million. Five years later, he and a buddy, Todd Wagner, began Broadcast.com, which was acquired by Yahoo in 1999 for $5.7 billion in inventory.

Now, Cuban is price $4.4 billion, in accordance with Forbes.

Disclosure: CNBC owns the unique off-network cable rights to “Shark Tank.”

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