"I was hustling"- When Shark Tank's Mark Cuban shared his story of becoming a billionaire

Mark Cuban from Shark Tank/ Image via Instagram/ @mcuban
Mark Cuban from Shark Tank/ Image via Instagram/ @mcuban

Shark Tank's Mark Cuban is a billionaire, and this is no news for the show's audience. But how did he get there? Mark Cuban has been a multipotent person who has diversified his investments from sports and pharmaceutical to Shark Tank deals. He is a minor owner of the Dallas Mavericks after selling the major stakes of the NBA team. His new venture, Cost Plus Drug Company has added to his net worth as well as credibility as a billionaire.

Mark Cuban took a time out and explained his journey from $1 million to $1 billion during an interview with GQ Sports in the year 2022. He elaborated that investing wisely was the key, and he has been a "hustler" since his early days. He talked about his early experiences and said:

"I grew up in Pittsburgh Pennsylvania just a middle-class kid my dad did upholstery on cars, my mom did odd jobs. As long as I could remember I was hustling. I remember going to my dad while he was playing poker with his buddies and saying, 'Dad I need some new sneakers'."
"He looked at me and looked at my feet and goes those tennis shoes you got on, they work. When you have a job you can buy whatever you want" added Mark Cuban.

"I was a billionaire"- Shark Tank investor Mark Cuban shared how he started his first company, Broadcast.com

Shark Tank's investor Mark Cuban started his entrepreneurial journey when he was 12 by selling garbage bags door to door. He wanted the money to buy a new pair of sneakers but did not stop until he became a billionaire. Mark Cuban decided his graduate college based on the fact that it was the least expensive tuition fee.

Soon, he entered the world of software and the Internet. He was making good money and saving prudently before he met Todd Wagner in 1995. Wagner pitched him the idea of starting a website to listen to Indiana basketball, which later turned into a company called Broadcast.com.

During an interview with GQ Sports, he shared how he smartly maneuvered the way to turn out his company's stock to triple and become a billionaire. He said:

"We took that company and became the biggest media portal on the internet and Yahoo came along and made us an offer and all of a sudden that stock price tripled and I was a billionaire."

You can watch the billionaire Mark Cuban on Shark Tank Season 16, which recently aired its episode 7 on December 13, 2024, on ABC.

Edited by Sarah Nazamuddin Harniswala
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