Mark Cuban has made numerous corporate investments.
He made his first fortune starting and selling MicroSolutions and then doubled down on Broadcast.com (okay, exponentially). He then paid $ 285 million for the Dallas Mavericks, a franchise company currently valued at around $ 2.4 billion.
He’s also been on Shark Tank for almost ten years. Yes: investing in startups is one of his tasks.
When Cuban was recently asked by Men’s Health to name some of the best investments he has ever made, you would assume he would name some business winners. He has a lot of choices.
No Here’s what the Cuban said:
Some of the best investments I’ve ever made have been primarily investing in myself. If this is your first time starting out, you may or may not have a job. You have no money. You with this total uncertainty about your career.
What I learned early on is that I can learn almost anything if I try hard. It may take a long time, but through the effort I’ve taught myself, I’ve taught myself how to code … it was time consuming – painful – but that investment in myself has paid off for the rest of my life .
I learned that learning is really a skill … and that if I keep learning to this day, I can keep up and be one step ahead of most people because the reality is that most people don’t invest the time to learn … and that has always given me a competitive advantage.
You may not have any connections. You may not have the talent or skills. You can’t have the experience.
But what you have is time: time to become inevitable in yourself. Time to improve your skills. To improve your connections. To gain experience. To improve your health and fitness.
To learn what you don’t know – because knowledge, once acquired, is the only thing that can never be taken away. And is the only thing that you can apply to the rest of your life.
Investing in yourself will produce better results in the long run than any other investment you can make.
If only because it is the only investment result that you can almost completely control.
If you try hard you will get a return.
The opinions expressed by Inc.com columnists here are their own, not those of Inc.com.
Comments are closed.