Billionaire Memo
How to Win at the Sport of Business Mark Cuban Read in full · 13 memos drawn

The Library · A calibre in the collection

How to Win at the Sport of Business

By Mark Cuban.

Author
Mark Cuban, in their own name
Jewels drawn
13 memos to date

Cuban assembled this from his blog, and the format shows — short, repetitive, and unusually direct about money.

On customers

“I personally think that the only way you can connect to your customers is to put yourself in their shoes. For me personally, if I can’t be a customer of my own product, then I probably am not going to do a good job running the company.”

— Mark Cuban, How to Win at the Sport of Business The sharper version, which he says he repeats to himself rather than out loud:

“Treat your customers like they own you. Because they do. You have to re-earn your customer’s business every day.”

— Mark Cuban, How to Win at the Sport of Business

On spending

His startup rules are the most-quoted part and the most useful, because they are specific about where money should not go:

“No offices. Open offices keep everyone in tune with what is going on and keep the energy up. If an employee is about privacy, show them how to use the lock on the john. There is nothing private in a startup.”

— Mark Cuban, How to Win at the Sport of Business And the filter he applies before any of it:

“Don’t start a company unless it’s an obsession and something you love. If you have an exit strategy, it’s not an obsession.”

— Mark Cuban, How to Win at the Sport of Business

Where to be sceptical

Cuban’s fortune came substantially from selling Broadcast.com to Yahoo! for $5.7 billion in 1999, a transaction whose timing is not reproducible and which the book does not dwell on. The operating advice is sound and hard-won from his earlier company; the implicit promise that following it produces his outcome is not something the book earns.

Read it if

  • You want unsentimental advice about early-stage spending and selling
  • You like short pieces you can read out of order

Skip it if

  • You want structure. It is blog posts, lightly edited, and repeats itself
  • You want nuance about when the rules do not apply

Read it yourself

Everything above is quoted from the book. If you want the rest of it:

One of these is an affiliate link: if you buy through it we earn a small commission, at no extra cost to you. It does not influence which books are covered here or what is said about them.

Drawn from this calibre

All memos →
Ref. 141 · versus

Donald Trump vs. Mark Cuban: Born Instincts vs. Relentless Preparation

The Art of the Deal, How to Win at the Sport of Business

Power reserve 4 min
Ref. 242 · deep dives

How 4 Billionaires Approach Negotiation and Deal-Making — And Where They Sharply Disagree

Made in America, Zero to One, How to Win at the Sport of Business, Am I Being Too Subtle

Power reserve 12 min
Ref. 157 · deep dives

How 4 Billionaires Make Decisions When Nobody Knows What Happens Next

Onward, Grinding It Out, Losing My Virginity, How to Win at the Sport of Business

Power reserve 13 min
Ref. 123 · deep dives

How Self-Made Billionaires Negotiate: Lessons From the Deals That Built Empires

Shoe Dog: A Memoir by the Creator of Nike, How to Win at the Sport of Business, Play Nice But Win, Trailblazer

Power reserve 11 min
Ref. 142 · versus

Mark Cuban vs. Michael Dell: Competitive Obsession vs. Customer Obsession

How to Win at the Sport of Business, Direct from Dell

Power reserve 4 min
Ref. 255 · Single Quotes

Mark Cuban’s Definition of Relaxing Will Make You Rethink Every Idle Moment

How to Win at the Sport of Business

Power reserve 3 min
Ref. 189 · Single Quotes

Mark Cuban’s Simple Test for Whether You’re Serious About Business

How to Win at the Sport of Business

Power reserve 2 min
Ref. 256 · versus

Oprah Winfrey vs. Mark Cuban: Leading from the Inside Out vs. Winning from the Outside In

What I Know for Sure, How to Win at the Sport of Business

Power reserve 4 min
Ref. 77 · deep dives

What 4 Billionaires Know About Building a Company Culture That Actually Sticks

Trailblazer, How to Win at the Sport of Business, Principles: Life and Work, What I Know for Sure

Power reserve 11 min
Ref. 215 · deep dives

What Billionaires Actually Give Up to Win: Personal Sacrifice and Tradeoffs Across 4 Books

Trailblazer, The Art of the Deal, How to Win at the Sport of Business, No Rules Rules

Power reserve 11 min
Ref. 42 · deep dives

How 4 Billionaires Built Empires by Obsessing Over Customers — Not Competitors

Bloomberg by Bloomberg

Power reserve 13 min
Ref. 26 · Single Quotes

Mark Cuban’s Relentless Rule: Why He Never Really Stops Working

How to Win at the Sport of Business

Power reserve 3 min

The hand behind the calibre

Framed portrait of Mark Cuban The principal Mark Cuban 13 memos drawn across the collection Visit the principal →

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