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.

Comments

@matheuscampello6281
@matheuscampello6281 29-11-2024 23:45
The comment section has more insights than a shark tank investor interview on the topic. That's the power of collective thinking right here folks
@roberts5153
@roberts5153 01-11-2024 09:35
Hey mark. You're an idiot. And as far as Trump not associated with intelligent women, Melania Trump has an IQ of 200 and speaks 5 languages. How bout you try that dipshit!
@mykalaniandre
@mykalaniandre 20-10-2024 04:47
Work a job for years
@andygregory2065
@andygregory2065 27-02-2024 01:30
Am I missing something? Shark tank = Loans "investment"
@1993JosephS
@1993JosephS 17-12-2023 06:46
Venture investments with bundled venture debt is much worse
@darkcornholio
@darkcornholio 08-10-2023 07:15
What if my business idea involves manufacturing a product that requires heavy, expensive machinery to produce?
@alfonsojeff1957
@alfonsojeff1957 29-06-2023 13:20
Says the man born into money
@ChairmanPaulieD
@ChairmanPaulieD 06-05-2023 01:34
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- $55 million on a 6 year basis back to back. So I’m sending him the information and contract this afternoon to one of my lending partners to start work on gathering up the company’s business documents
@alexander_adnan
@alexander_adnan 14-02-2023 04:02
I totally disagree
@dilshadbarakat9831
@dilshadbarakat9831 13-01-2023 02:30
What would Mr. Dan Pena say
@investorgreats
@investorgreats 11-01-2023 17:18
Many billionaires, speaks platitudes and aren't really passionate about helping the average person to success. It's like they like to keep us at the "first base". Mark Cuban and also Warren Buffett & Charlie Munger, they have built a media presence around giving value for the average person. And it's GREAT!! 😀
@ditisgoudey7702
@ditisgoudey7702 02-01-2023 08:22
“People who loan money are morons” says the guy who is in Shark Tank 😂
@loanarrangerlimited9186
@loanarrangerlimited9186 31-12-2022 04:50
It is extremely difficult to grow a business off personal savings or credit alone. Apply for a business loan today, its a simple process. Send a Dm
@lodipepkolaj7100
@lodipepkolaj7100 17-12-2022 00:12
Well depends what is the profit, if you paying 150$ 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 20:09
The PPL who are approving loans r not using cash as a loan right? 🤨
@kentheengineer592
@kentheengineer592 18-11-2022 20:07
Using Money vs Putting Capital To Work is a Big Difference Between the 2 Not the Same Reference
@ateisme3752
@ateisme3752 18-11-2022 17:57
I mean some business needs a loan to get starting.
@remiabuzahra3132
@remiabuzahra3132 18-11-2022 17:21
Yeah right you’re a BUM 😂😂😂
@SkitMaster-ey5ol
@SkitMaster-ey5ol 25-10-2022 08:24
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 21:40
Very rich advice coming from this person on loans

Seems to me like this person doesn't want the rest of us to prosper

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