Mark Cuban: A Degree in Business Put to Work
Q. Where did Mark Cuban pursue his degree in business?
A. Mark Cuban earned his bachelor's degree in business at Indiana University. He revealed his intensity early, when he was admonished for taking advanced classes as a freshman. After he graduated, others persuaded him not to pursue an MBA degree program. While he was hired by a software dealer, his ambition again got him into trouble: he was fired for not opening the store on time while busy trying to close a $10,000 deal.
Q. How did Cuban start his business career?
A. After getting fired, Cuban started his own company, MicroSolutions, which eventually became a system integrator and reseller for companies such as Novell, Apple Computer, IBM, and CompuServe. Eventually he sold the company to CompuServe for $6 million.
Q. What other successful business ventures has Mark Cuban been a part of?
A. Success seems to follow Mark Cuban's business career no matter where he takes it. After selling MicroSolutions, Cuban partnered with Todd Wagner to turn one of his greatest interests into business: they began Audionet in 1995, a company that broadcasted sports games live over the Internet. In 1999, Audionet had become Broadcast.com and was bringing in over $100 million annually, and Cuban sold it to Yahoo! for $5.7 in stocks.
Q. What is Mark Cuban doing now?
A. Cuban's latest business venture may be his closest career move to what he truly loves. On January 14, 2000, he bought the Dallas Mavericks NBA basketball team. Hiring special coaches for different skills and using e-mail to increase fan loyalty and interest, Cuban turned the Mavericks into a winning team. Mark Cuban has truly pursued with passion every project he's ever tackled in his business career.
Mark Cuban Fast Facts
"There are no shortcuts... You have to work hard, and try to put yourself in a position where if luck strikes, you can see the opportunity and take advantage of it." ~Mark Cuban
Net Worth: $1.8 billion
Home state: Pennsylvania
Education: B.S. in Business from Indiana University