| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles


vertical line

A Simple Idea from a Billionaire

It’s simple and powerful.

The philosophy of successful people is often easy to understand.

The more I look at how successful people got that way, the more I realize how straightforward they think.

For example, consider these comments from Mark Cuban, billionaire, mercurial owner of the Dallas Mavericks, and star of the reality TV series “The Benefactor.”

When asked the key to recognizing opportunity, he sites doing one’s homework as the most important factor.

“The hard part is doing the homework to know if the idea could work in an industry,” he says. “Then doing the preparation to be able to execute on the idea.”

He admits that he does not have original ideas. He combines existing ideas in unique ways that no one else is doing.

Of course, he knows no one else is doing it because he has thoroughly studied his industry.

He says that the characteristics of an entrepreneur are willingness to learn, focus, ability to absorb information, and no illusions about competitors’ desire to overtake you.

Cuban says that when he set the goal to retire at 35, he studied everything he could find about business and the industries that interested him. He actually considered any job as a paid opportunity to learn more about a business.

He advises young entrepreneurs to learn as much about their businesses as possible and never take shortcuts.

Over and over again, he emphasizes homework, superior knowledge, the drive to learn, and the need to get to work.

Nothing complicated in this philosophy, is there?

Anyone could adopt his ideas and do well at anything.

Regardless of your dream, if you do your homework, you greatly enhance your odds of success.

Do yourself a favor. Do your homework.

It’s simple and insures success.

And you can be your own benefactor.

Submitted by:

Tony Papajohn

Copyright 2004 by Tony Papajohn.

Tony writes and speaks on success. Subscribe to his free SuccessMotivator e-zine at http://www.successmotivator.com.

tony@successmotivator.com





ARTICLE CATEGORIES

Auto and Trucks
Business and Finance
Computers and Internet
Education
Family
Finances
Food and Drink
Gadgets and Gizmos
Health
Hobbies
Home Improvement
Humor
Kids and Teens
Legal
Marketing
Men
Music and Movies
Online Business
Parenting
Pets and Animals
Politics and Government
Recreation and Sports
Relationships
Religion and Faith
Self Improvement
Site Promotion
Travel and Leisure
Web Development
Women
Writing



http://www.articlesurfing.org/self_improvement/a_simple_idea_from_a_billionaire.html
Copyright © 1995-2016 Photius Coutsoukis (All Rights Reserved).