Mark Cuban Quotes

I've got to know my strength and weaknesses and the same for my competitors.

Tell your idea to whomever will listen, and you'll get valuable market feedback before writing a single line of code.

In any competitive environment, whether you're in sales or marketing or whatever it is, you have to know your competition, understand who they are, do intelligent analysis on them and then you have to know yourself - who you are and what you're capable of doing.

Don't spend months building something without any idea if someone actually wants it.

If you don't sell, it's not the product that's wrong, it's you.

If we look at pricing holistically, we'll create a more solid business.

Cutting prices or putting things on sale is not sustainable business strategy. The other side of it is that you can't cut enough costs to save your way to prosperity.

When looking at trends I always ask myself basic and timeless questions about business, and the one I seem to always come back to is, 'How is this different than anything else in the marketplace?'

Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition.

You just have to make sure the model you're working on does not undersell your product.

When you're an actor in grade school, high school, college, whatever, you start to realize what you're really good at, what you're kinda good at, what you're okay at, and you start to compartmentalize. But if you know yourself and what you're capable of, it's just a matter of opportunity.

The problem with entrepreneurship is we are often working really hard producing high quality products that no-one wants. The creation of stuff is not valued.

If you're an entrepreneur and you're starting a company, I think the first thing you do is you go and talk to a bunch of people. But then the next thing you probably should do is figure out if there's a broader demand than just people you know. That's where I think SurveyMonkey is pretty valuable to people.

If you make a really good product that people want and are willing to pay for, money will come.

One of the rookie mistakes first-time entrepreneurs often make is to be too guarded about their idea - in fact, many will actually spend their first $25,000 on patent lawyers without ever fully vetting their product.

There is no country in the world where the process of self-criticism and self-correction is more active than in the United States.

You can always change your branding or hire lawyers, but it's critical that you figure out if you have product market fit, and if you don't, figure out how to course-correct without getting stuck.

I evaluate myself at the end of every year.

Your employees have lots of opinions about everything - your strategy and vision; the state of the competition; the quality of your products; the vibe in the workplace. There are tons of things you can learn from them.

It typically takes multiple iterations and pivots to find product/market fit - the match between what you're building and who will buy it.

Simple questions can be profound, and answering them requires us to make stark and honest - and sometimes painful - self-assessments.

When you're starting your own business it's really important to think through your plan: what's the idea, why is it relevant to the market, how much money you are going to invest, how are you going to tell people about it.

Part of Customer Development is understanding which customers make sense for your business.

Not all startups are alike. One of the key ways they differ is in the relationship between a startup's new product and its market.

Certainly in business terms, considering how thriving the market is. Understanding what people want is essential. We have a team on the ground whose job it is to keep tabs on what's good, whether it's a tapas bar in Barcelona, or an amazing fish and chip shop in Yorkshire.