Mark Cuban: Only Morons Start a Business on a Loan
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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) --Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg On Bloomberg Television's "Street Smart," hosts Trish Regan and Adam Johnson bring you the most important market news and analysis affecting the S&P 500, Dow Jones Industrial Average, and the Nasdaq for your last trade of today and first trade for tomorrow. Broadcasting daily from Bloomberg TV's headquarters in New York, this business news show centered around the closing bell on New York exchanges, is targeted to provide the best analysis of the day's leading market headlines with a mix of original reporting, earnings news and expert sourcing from Wall Street's sharpest options traders, equity strategists and company analysts. Trish Regan and Adam Johnson provide actionable insight on the capital markets daily with regular segments such as "Chart Attack," depicting likely market moves before they happen, and "Insight & Action" which explains original trading ideas that can make you money. In addition, "Street Smart" is filled with breaking news, political analysis, and market-moving interviews with exclusive guests such billionaire investor Carl Icahn, hedge fund titan Bill Ackman, automaker Elon Musk and more. "Street Smart" broadcasts at 3-5pm ET/12-2pm PT. For a complete compilation of Street Smart videos, visit: http://www.bloomberg.com/video/street-smart/ Watch "Street Smart" on TV, on the Bloomberg smartphone app, on the Bloomberg TV + iPad app or on the web: http://bloomberg.com/tv Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Comments
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i hate money
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This is the same guy who said Russell Westbrook is not a superstar, the same guy who is getting more triple doubles than Jordan or Lebron, and who is the front running candidate for MVP. Not everything he says is gospel.
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well you must inform Washington dc about it ..the whole country is running in a debt based economy. the USA is 21plus trillion dollars in debt thats almost 40% of the whole world debt and its gdp is roughly 17 trillion.. the end is very soon
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He never answers the question.
Businesses need assets to provide a service.Therefore, a business needs capital.
Cuban never really started a business,i don't see why they are asking him -
Business 101 enroll Follow link here https://www.facebook.com/events/142053986286598/?ti=icl
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or you are just a white privilege male living in America and will found weatlh quickly than any race in the world
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But HE gives out loans to people looking to start a business!!! What a fucking hypocritical shitbird.
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Investment department -
I disagree with the statements about live TV vs the Internet but pretty good interview
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I started with business loan !! now I own 6 liquor stores.
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It doesn't matter how rich or successful someone is you always take anyone's advice with a pinch of salt. Different business models for different people. I know a CPA and dentists who started out their practice taking out business loans and successed. Granted they work in a professional services industry where they just need a few titles after their name and they get customers. But it goes to show it can be done and in this paticular industry is the norm.
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so if he failed and was homeless , then he wouldnt be on this show?
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Great advice for startups. I was so scared to pull the trigger but now can't look back. Life is so different and I enjoy working holidays but also having time with the family. I agree just do it at least get a side hustle started. Thanks for all the great tips!
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you need money to start any business some more some less
less when you start building the business but always you need money to start unless that a person may have a idea that doesn't require start money. you are the moron -
Cuban would probably get a good head from Trish Regan in exchange for this silly interview. Cuban became rich by some extreme luck. He even looks retarded line a Homo Erectus.
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Clinton Global Initiative is a conduit for supplying women to Bill so he can enjoy them and also steal funds for his pleasure. The foundation paid for the wedding of their daughter. But luckily now that his loser wife lost, there are no people in high places to protect them and this foundation will be soon disbanded.
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i get his premise, dont get a loan at the start. Down the line you may.
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The governor of Colorado, Hickenlooper, took out loans and got grants to start a brew pub in Denver...he became well off. Is this the same Cuban who said Hillary was a 90 percent lock to be the next entrepreneur to be in the White House??
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Only morons listen to Lib-tards like Mark Cuban who supports a Gov that kills small businesses.
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Good information
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