Mark Cuban Essay

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Mark Cuban Biography Mr. Cuban once said, “Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it. Cuban is an entrepreneur and business owner of many businesses throughout the country. He is best known as the owner of the NBA Franchise, the Dallas Mavericks. Mr. Cuban was born July 31, 1958 in Pittsburgh, Pennsylvania. Cuban’s business sense and a drive to make money started at a very young age. His grandpa was a great influence on him showing him the importance and hard work it took to make a buck. Since Cuban was twelve years old, he did many things to make money for the things he wanted. The first thing Mark did to make a buck was he sold …show more content…

After his first year, he transferred to Indiana University where he earned a bachelor’s degree in business. To pay for his college tuition, Mark would hold dance parties and teach dancing lessons. After college, he moved back to Pittsburgh and worked at Mello Bank for a year before he moved to Dallas, Texas. There in Dallas, he got a job selling software to people. Within the first year of having this job, Cuban got fired because instead of selling the computer software, he was trying to find someone who wanted to become business partners with him for a business he wanted to start up. The business he started up was called MicroSolutions and he made it into a profitable business. In 1990, he sold it for six million dollars to CompuServe. Cuban waited a few years after selling the company for technology to get more advanced. He opened up AudioNet in 1995 with his best friend from college, Todd Wagner. This went public in 1998 and became an instant hit. Eventually, in 1999, he sold this company to yahoo for 6 billion …show more content…

Cuban is best known for being the owner of the Dallas Mavericks. He bought the team for 285 million dollars from Ross Perot Jr. A few years after being owner, he was the first NBA team owner to start his own blog which gave the people a first hand view what he was thing about his team and other teams in the league. He has said some very interesting things in these article. After Kobe Bryant’s sexual assault case, he said, “it was great for the NBA”. Also, he is know for going on this blog to criticize players and officials in the league. This has led to a few feuds with certain players and have cost him over two million dollars in fines from the NBA. In 2004,Cuban was in the news for being charged with dropping his stocks in an internet company after getting inside details about the company stock going way down. The Security and Exchange Commission accused hi with this crime. The SEC accused him of getting information about his stocks with the website Mamma.com. The said they were going to drop about 6% and Cuban dropped the stocks a few minutes before they started plummeting and losing value quickly. The case got dropped in 2009, then later came back up in 2013. Even though it came back up in 2013, he was not convicted of any

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