Mark Cuban: Only Morons Start a Business on a Loan

October 28, 2018 Facebook Twitter LinkedIn Google+ Videos

June 14 (Bloomberg) — Entrepreneur Mark Cuban discusses the U.S. Economy and starting a business with Trish Regan at the Clinton Global Initiative in Chicago on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

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Mark Cuban: Only Morons Start a Business on a Loan

Comments
  1. D. A. said on October 28, 2018 11:26 pm:

    Tbh if you qualify for a business loan from a bank then you definitely should. Not those shark loan companies.

  2. dat boi said on October 29, 2018 12:15 am:

    Must be easy to say being a billionaire

  3. Tech Savvy said on October 29, 2018 1:02 am:

    5.55 , How cute she laughs ?

  4. Eric DelSordo said on October 29, 2018 1:24 am:

    Hey Mark, I listened to your advice. I paid cash for college. Paid cash for my new car. Bought a home, all cash. Now, I am using the leftover funds to start my business. YEAH…..OOOOKAY.

  5. Serenity Love said on October 29, 2018 2:00 am:

    Okaaaay so how do I start a business if I'm broke ASF without a LOAN ???

  6. The eBattle said on October 29, 2018 2:39 am:

    I financed one of my first companies with credit cards. When the company failed is was left with hundreds of thousands of dollars in debt. Bootstrapping your business is the only way to go.

  7. Edward A said on October 29, 2018 3:33 am:

    So I guess Mark Cuban is a moron since he started a business with a $15,000 loan himself. Yeah, I'm going to listen to a moron that makes complete sense.

  8. Azriel Leyva said on October 29, 2018 3:40 am:

    This advise isn't fair. Mark borrowed $15,000 from his college friend Evan Williams to open his first business, Motleys. He was successful and the college bar became a hit. The lesson is have wealthy friends and family who believe in you. He's a brilliant man but he wont be what he is if he didn't have the network of friends in his early years.

  9. Android VS said on October 29, 2018 4:34 am:

    I started doing business from 1$ and after 3 months and now I'm still struggling.

  10. Chad Pru said on October 29, 2018 4:52 am:

    Cyban retained capital to start businesses by simply saving. He literally sacrificed he life. He lived with several guys and ate ketchup sandwiches. Instead of getting in to debt he saved.
    Most people want a big pile of money because we are consumers. Cuban has done the work that most people arent willing to do.

  11. Dy Lon said on October 29, 2018 5:34 am:

    Trump started on a loan

  12. Val Heike said on October 29, 2018 5:43 am:

    As a writer I'm. branding myself on Youtube. I want my own property raising hydroponic sockeye walley ,produce,wool rabbits on a artist retreat. I can not show whay I know with 32 years experience o. air.

  13. Studio Dankster said on October 29, 2018 6:34 am:

    Yeah ill jus save 300k and start a business ok cool

  14. Eric Li said on October 29, 2018 6:48 am:

    I do agree with him. You should have some skin in the game too.

  15. Ger Her said on October 29, 2018 6:54 am:

    Tell that to Ray Kroc (McDonalds) and Sam Walton (Walmart)

  16. Business & Wealth said on October 29, 2018 7:38 am:

    just because he got a loan does that make him any less successful? he needs capital to start a business. He's a great role model and very few people can do what he does!

  17. Marc-André Poulin said on October 29, 2018 8:19 am:

    To start a business you may have an income with a % to invest or a big amount on reserve. If you start on a loan there is nothing to save the day if anything happens

  18. LaurensDesigns said on October 29, 2018 8:45 am:

    I wish you talked more about start up money. I too don't want to get a loan, however I need a location, I need staff I need supplies…so where and how do I get the money to do this?

  19. Mad Hatter said on October 29, 2018 9:45 am:

    Easy for him to say only morons get loans. Did he forget where he came from? I have a few awesome ideas but don’t even know where to go to get started

  20. PereL Sports&Lifestyle said on October 29, 2018 9:54 am:

    Borrow is not a loan

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