Mark Cuban: Only Morons Start a Business on a Loan

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Mark Cuban: Only Morons Start a Business on a Loan


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(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)

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50 Comments

  1. USAF ACE Graywolf

    He didn’t explain what you gotta do to start a business instead of a loan what you do is yes you get a loan but not from a bank find a non profit organization or some organization that help small business start find what works for you he may have experience but I think you should find something that fits you

    Reply
  2. phiilp henderson

    If I followed this advice I'd still be making $10/hr…I did a loan and now gross 400k a year…thanks Mark! Glad I used the banks money which was paid off in 5 years.

    Reply
  3. bla nk

    I want to start a tow truck business but I need money for a truck

    Reply
  4. Mellisa Ryan

    I got my credit card paid by Tom, I saw his contact online and messaged him. He helped me pay my home loan also. You can text him on 5 1 2 778 0 0 3 9

    Reply
  5. hellomrswhore

    the satisfactory choice to get an internet loan in 5 hours is OneLendopp .Co m See it these days

    Reply
  6. Owenn Diamond

    See this site you can use today to bring in $750 in less than a day: On eL end O pp. c om (remove gaps), I won't borrow more than $1K with those companies, but this one is just amazing in their terms.

    Reply
  7. Dallas Acuff

    Cuban is really a dipshit… Millions of people have started their business with loans.

    Reply
  8. Juan Santana

    Unless YOU are the bank

    Reply
  9. greenhat bullfrog

    what type of moron would take gender studies higher education on a loan though 😂 using a loan aint so bad.

    Reply
  10. K Lbye

    Yeah because Mark, I'm sure you didn't take out any loans before you started a business. WTF, a billionaire trying to give advice to an individual starting up a small business. Not sure about this one.

    Reply
  11. Paris Davis Dean's DAMP MEDIA

    Moron, wow.

    Reply
  12. Just Rex

    How come you never see these major interviews going on with the black bald guy from shark Tank? That’s because they want to continue to show and get the perception that early white can be successful so therefore when kids see someone who looks like them and that senates they could be more inspired because that’s who they are

    Reply
  13. Jon McCarthy

    I don’t think he communicated it correctly or there are ways he isn’t sharing that ya can do a business without a loan. Which when thinking of that I think of getting other investors. This may not mean they operate it but they reap a portion of the profits. Which ad an owner it’s like it sucks ya can’t make all the profit but ya may not have to pay anybody back right away and can launch something else on your own sole investment then either sell off your first business or rather its profit share to boost your second business that ya have sole ownership of. That’s the only way I know how to do it without a loan I suppose or without saving money on your own up

    Reply
  14. Crypto GutZz

    Dumb

    Reply
  15. sahil patel

    Lol this he is so wrong. My family owns 10 stores that generates around 450000 profit a year. My family did this through hard work as well as getting loans.

    Reply
  16. mike DDL

    The title is retarded because not meant people have millions to start something

    Reply
  17. Pedro Talavera

    This guy is a moron. "Yes, any one can do it, work hard" No . You need capital.

    Reply
  18. W Lee

    cuban makes no sense, where did he steal his money from?

    Reply
  19. W Lee

    cuban is an idiot.

    Reply
  20. LunarX

    Hmm… The comment section seems to be filled with billionaires who all took out loans.

    Reply
  21. Peter von Feldt

    Although you're right about loans, however there really is no other solid way to acquire the cash you need up front.

    Reply
  22. Silent Gamer

    Dont listen to him if you're smart with your money you can get money back and you can start something small and get big money from it

    Reply
  23. Miley Mor

    basically mark Cuban said a lot of nothing…

    Reply
  24. Viper

    Most people start a buissness with a loan
    Most buissness fail.

    Reply
  25. blues rar

    He's not saying just cause you took a loan you won't be successful…he's saying that when starting your business everything is unknown and if you take a loan and your business fails…you will be responsible for it 🤦

    Reply
  26. Maniae Official

    Every business takes loans..

    Reply
  27. Win From Within

    Says not to get a loan. Meanwhile he's on shark tank which is all about loans

    Reply
  28. Elliott Corbin

    What if it is an extremely high capital business like a hotel?

    Reply
  29. yugihlh

    DONT LISTEN TO THIS,

    THE POWERFUL WILL NEVER TEACH THE POWERLESS HOW TO BECOME POWERFUL!

    Reply
  30. ZigWinger

    Friends dad started a restaurant with a bank loan turned over 1.3 million in 5 years, nothing wrong with it. He even put down the house for collateral, payed the loan in a year, dont be put off If you need a loan just make sure you know what you're doing.

    Reply
  31. Mark G

    I got the cash but just not sure what business to start…tired of working for other people that are freaking morons.

    Reply
  32. Aleksandr Vasiliev

    best to work hard , save up, invest and reinvest. Keep at it, 1 year later you're 5 figures rich. Way richer than a year ago. That's my story, nothing beats passive earning. Also thanks to O'Neil Cresswell, my portfolio manager he made it all possible.

    Reply
  33. AJ's Boxing

    He has a point, he is just too abrasive about it.

    Reply
  34. The Buzz Inc

    Trump started his business with a loan lmao

    Reply
  35. Rummel Mendoza

    There’s a lot of morons out there that are successful in their business that started with a loan.

    Reply
  36. Mr. Smith

    I need a $10k loan. To start a million dollar company… I need advice. And, people to network with

    Reply
  37. Zachary Blundell

    Why would you use your money when you can leverage other people’s money??

    Reply
  38. Zachary Blundell

    I love football, working out, car buff, music, so what the fook is my calling??? Dunno but when I find out I am the most obsessive about it when I find it!!

    Reply
  39. Kianman

    I started a business on a loan and dropped out of college. I opened a gun store and now we have over 5 locations.

    Reply
  40. Mark Williams

    We all sitting down to play monopoly but all the money and property has been handed out already! That’s the reality for most Americans

    Reply
  41. Maytix

    Guys…..he is talking about "Barbra" His co-shark (lol)
    he cant say it on shark tank… Got it!!

    Reply
  42. Chris

    Live is what differentiates television from the internet….haha… hindsight my friends hindsight

    Reply
  43. Ahmad Omid Safi

    If you are brooke and start a business. You are Cuban (Stupid)

    Reply
  44. FilmNitrate

    What a fuckin' asshole.

    Reply
  45. Wakili Njogu

    being a billionaire sucks,

    Reply
  46. Chris Reuter

    His first business he had to borrow the money from a friend because no bank would give him the money.

    Reply
  47. Philip Wood

    Yeah kind of an entitled thing to say. But if it’s your first business, a loan is probably a bad way to go. Maybe after you got a few businesses under your belt and you understand the game then you’ll be in a more educated spot to take out a loan

    Reply
  48. J H. Booth

    Rich person giving rich people advice.

    Reply
  49. Mitsubishi Hashimoto

    One can't start without a loan. Not possible these days anywhere on this earth.

    Reply
  50. Hustle Forever

    I started a landscape business with a $3000 truck and $1000 in equipments in 2019 march. I made $385,000. Now I have hired two people to work for me. I only work 15 hours a week!!! Now Im starting a restaurant/bar. Life is crazy!! I used to be a prep cook working minimum wage. You never know what can happen within a year!!

    Reply

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