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/tvBloomberg 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.

Комментарии

@andygregory2065
@andygregory2065 26-02-2024 17:30
Am I missing something? Shark tank = Loans "investment"
@1993JosephS
@1993JosephS 16-12-2023 22:46
Venture investments with bundled venture debt is much worse
@darkcornholio
@darkcornholio 07-10-2023 23:15
What if my business idea involves manufacturing a product that requires heavy, expensive machinery to produce?
@alfonsojeff1957
@alfonsojeff1957 29-06-2023 05:20
Says the man born into money
@ChairmanPaulieD
@ChairmanPaulieD 05-05-2023 17:34
With the collapse of Silicon Valley Bank and Signature Bank and the rising cost of interest rates going up from 1.6% to 8.4% during the Biden Regime. It’s becoming IMPOSSIBLE to back on a $100,000 - $1,000,000 capital raise to start a business. First year sales for a startup business will be stagnant. Year two (2) could probably go up a little more or even less IF the product or service SUCKS that even shutdown the business by year three (3). I just spoke with a NEW potential client last night that he’s an Executive Director & Vice President of Marketing Operations for this shipping distribution company in Orange County California and he told they’re looking at acquiring a working capital raise for about $5 million- $10 million 😳😱😨 but the company has been in operation for 28 years and their annual revenues are grossing about $51 million- $55 million on a 6 year basis back to back. So I’m sending him the information and contract this afternoon to one of my lending partners to start work on gathering up the company’s business documents
@alexander_adnan
@alexander_adnan 13-02-2023 20:02
I totally disagree
@dilshadbarakat9831
@dilshadbarakat9831 12-01-2023 18:30
What would Mr. Dan Pena say
@investorgreats
@investorgreats 11-01-2023 09:18
Many billionaires, speaks platitudes and aren't really passionate about helping the average person to success. It's like they like to keep us at the "first base". Mark Cuban and also Warren Buffett & Charlie Munger, they have built a media presence around giving value for the average person. And it's GREAT!! 😀
@ditisgoudey7702
@ditisgoudey7702 02-01-2023 00:22
“People who loan money are morons” says the guy who is in Shark Tank 😂
@loanarrangerlimited9186
@loanarrangerlimited9186 30-12-2022 20:50
It is extremely difficult to grow a business off personal savings or credit alone. Apply for a business loan today, its a simple process. Send a Dm
@lodipepkolaj7100
@lodipepkolaj7100 16-12-2022 16:12
Well depends what is the profit, if you paying 150$ a month to the bank for your loan but you making 1500$ a month from the bussines you opended with that loan then you are making 10× the profit
@kentheengineer592
@kentheengineer592 18-11-2022 12:09
The PPL who are approving loans r not using cash as a loan right? 🤨
@kentheengineer592
@kentheengineer592 18-11-2022 12:07
Using Money vs Putting Capital To Work is a Big Difference Between the 2 Not the Same Reference
@ateisme3752
@ateisme3752 18-11-2022 09:57
I mean some business needs a loan to get starting.
@remiabuzahra3132
@remiabuzahra3132 18-11-2022 09:21
Yeah right you’re a BUM 😂😂😂
@SkitMaster-ey5ol
@SkitMaster-ey5ol 25-10-2022 00:24
So how do you start a trucking business with no money you need a loan lol not everyone has rich family members mr mark
@viktoradam4226
@viktoradam4226 25-09-2022 13:40
Very rich advice coming from this person on loans

Seems to me like this person doesn't want the rest of us to prosper
@illusioncity
@illusioncity 30-08-2022 15:42
Don't let not having enough money stop you from starting a business.. but don't start with loans? what!?
@Fityours
@Fityours 13-08-2022 11:26
He’s right but it depends. My uncle took a loan to open up his restaurant and now he’s making bank.
@andrewkosinski
@andrewkosinski 12-08-2022 16:22
The real thing that mark Cuban isn't saying is that everything costs money, it's great if you know your industry, it's even better if your the best. If your starting with nothing, no money, no product, equipment, labor then it really starts to become easy to understand that in the real world money matters. If you don't have the capital to drive your business from the start, it is doomed to fail. It's easy for Mark Cuban to say that all you need is drive, he has all the money he will ever need to do what ever it is he wants to do. For normal hard working people, who live pay check to pay check, with a dream to start a business for the hopes of a better life, not so much.

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