Posted on May 16, 2009
Filed Under Business |
Mark Cuban published a series of blog posts a few years ago about his own story of success. He recently republished them and as I re-read them something jumped out at me.
Fortunately, things turned out well for me with MicroSolutions. I sold it after 7 years and made enough money to take time off and have a whole lot of fun.
Back then I can remember vividly people telling me how lucky I was to sell my business at the right time.
Then when I took that money and started trading technology stocks that were in the areas that MIcroSolutions focused on. I remember vividly being told how lucky I was to have expertise in such a hot area, as technology stocks started to trade up.
Of course, no one wanted to comment on how lucky I was to spend time reading software manuals, or Cisco Router manuals, or sitting in my house testing and comparing new technologies, but that’s a topic for another blog post.
This is interesting to me because there are some people who believe the key to success is to avoid doing things you don’t like. There is actually a popular quote from Marcus Buckingham that says “The one thing you need to know about sustained individual success: Discover what you don’t like doing and stop doing it.“ But here we have Cuban saying that part of what made him successful is that he did things (like read boring manuals) that others were not willing to do. It doesn’t mean he hated his business… on the contrary, he loved it. But throughout his posts on this topic he continually harps on the idea that plenty of knowledge is out there, but that people don’t take advantage of it, and that his willingness to take advantage of it is what made him successful.
I’m just curious what some of you think about it.