Mark Cuban: How I Became a Billionaire
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- čas přidán 31. 05. 2024
- Bloomberg Game Changers profiles Dallas Mavericks' owner Mark Cuban. See how Cuban spun his love of basketball into a multi-billion dollar enterprise.
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Sounds great!
That's wat up
I'm new to crypto investment, how do I get started, any specific guide
@Dr Robert thank you for sharing 👍
Cuban approved. 😝 👍🏽
"Mark Cuban: How I became a billionaire"
Not interviewed for the story: Mark Cuban.
@@lexxcie That's how you know you made it. You refuse to give them an interview and they make a glowing video on your success anyway.
Alexa you bad follow me on da gram @richhomie.m
🤣
@@edwind9040 lol that was his ticket to his break through!!
sho942000 hahahaha
The best thing I like about Mark Cuban is that he openly and unabashedly acknowledges that luck played a big role in his success.
@@LL-wc4wn actually his company was worth a lot at that time. The people running yahoo didn't know how to integrate into their company well is what the problem was.
He was very lucky having that company and taking it public when they did .... but he put in a lot of hard work and was very smart on certain things.
u cant predict what ppl will do in the stock market. u can't predict human behaviors. We are all different. He's got the luck. Thats all there is to it
Branson said the same and pretty much most successful people, cuz they know many others that don’t make it, so luck is a big factor.
Luck is opportunity prepared for.
I want to need the work
The level of awareness he has is awesome. At least he knows he is the luckiest man, giving credit to faith rather than himself. That shows intelligence and humility.
Faith and love 💕 for humanity are keys 🔑 to success
“Mark Cuban got in at the beginning of the internet boom”.
There you have it lol.
FlexTapeGang lol
Yep. Just like the current wars between Edison and Westinghouse when electricity was new revolution. First to capitalize on it is usually the winner.
@@SnoopyDoofie depends upon who has the market also as well.
There you have it? Maybe, but he got it, had it, has it...that's capitalism
SnoopyDoo You want to be there before the wave hits and settles back down. Regardless, plenty of investment opportunities to create a fortune.
Those who are saying Elon Musk is better have to realize that this isn't a popularity contest. If you want to be successful, you have to learn from ALL great people, not just one. EVERYONE has something we can learn.
+LearningREADefined Well it is some what true. I do agree with you that one must learn from all great people.
+Miesha THE GOAT Tate Haha, I actually just watched the launch of Tesla model 3 and listened to Elon presenting. I had to resist the urge not to cringe after every word he said! I love the tesla vision, no doubt about that. He's helping make the world better
+LearningREADefined haha me too
+LearningREADefined haha me too
I respect and have learned from both but I feel that Mark Cuban builds up businesses to get bought out and Elon Musk builds to change the world.
I've never understood how Yahoo could be so big when no one is using it
+MineCrafterCity ...cause you're young. It was the most popular email at one time
MineCrafterCity Well, sure but they are mostly a holdings company.
+Armed Society Same Here
+4thwonder Oh god. Exactly! The comments on those articles are the trashiest on the Internet bar none. Just terrible. It makes me sad for humanity.
+GuitargasmicWizardry yahoo ruining good ideas or buying something destined to be ruined? sure they have made their mistakes but from the dotcom boom they are pretty much the only search engine/portal that is still relevant today. Hindsight is always easy especially with new industries where it takes as much luck as vision to succeed. They might have lost out on some deals but how about their alibaba investment? They pulled like 30-40 billion profit?
Cuban is humble enough to admit luck and timing play a huge role. Persistence, attitude, vision and 100 hour weeks are always prerequisites however.
Jesus said money cannot save a person
His hair is a different color in every video-- and for that reason, I'm out.
Jenny, is that you?
SeeburgMusic xD 😂😂
Amazing!😂
He's a liberal, for that reason I'm out!
Whyyyy😂😂
So Mark Cuban stole the idea of AudioNet just as Mark Zuckerberg stole the idea of Facebook.
The Lesson: Dont pitch your business idea to a Mark.
no, I think you should re-listen to that.
to a mark ass nigga
We gotta start robbing people of their ideas 😂😂😂😂
Sacred mark had the money to execute the idea and Stick with it to make it become successful and they guy who thought of it with no money got 500 million which is 10%
It's not stolen if a lil bitch sells it lol
At least Mark Cuban recognizes he was very fortunate, the timing of his internet based companies was rather impressive.
When you invest you're buying a day you don't have to work.
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings, what do you think I should be buying?
@@madiezancanellatl9205 crypto investment, but you will need a professional guide on that
@Dr Robert I'm new to this crypto investment, how do I get started with Kamilia?
@Dr Robert can I get started with $1000?
Thank you for sharing 👍, I will write her immediately
1:11 He humbly says he's lucky, but we all know that luck falls into the laps of those who are most prepared
At 3:50 Mark took a 50k loan from the guy. At another video, Marks brutally says "If you start a business with loan, you're a moron". Mark, I am so confused.
Maybe he regretted it and felt like a moron at that point as well?...
US3FULLTv That makes sense. But his 50k turns out well right
Joe Lee 15k*
Bryant Ahn Listen to it once again. Yes, you're right. 15. Thank you.
Starting a business by taking out a bank loan is what he was talking about. Borrowing from an investor is a different type of loan. An investor can let you slide on payments and it won't damage your own personal credit if you do. However a bank loan with late payments will definitely damage your credit.
I once knew a woman who made her husband millionaire. Unfortunately he was billionaire before.
mahadragon what a terrible joke holy crap
no fun allowed feminist detected
mahadragon I am that guy
BelovedAxle I hate feminists, I love anti-feminsit jokes, this is just a bad joke
mahadragon 😂😂😂
This isn't rocket science. Yahoo grossly overpaid for his Internet broadcast network in the days of dialup. They over paid by such a huge margin that they were all fired because of it. That sale alone made him a billionaire and after you make your first billion making your second becomes much much easier.
+1
incipidsigninsetup This is what I was thinking, no way such tool cost 5.7 billion dollars at the time. It failed anyways, but Mark was one lucky dude
So how many billions do you have..?!
@@fredlebhart1393 he didn’t get the first one yet, there is a reason why the richest in this country money double every year, has nothing to do with hard work at that point.
MARKS BROTHER IS LIKE A CLONE THAT WAS NOT COMPLETELY DONE
Lol
Yo, thats messed up
How is Brian his little brother when he looks 20 years older than Mark lmao..
Such a shallow statement mr. Troll. Beauty is only skin deep, u are ugly all the way through
@@baddabingbaddaboo100 you sound like a person who unironically believes the earth is flat.
@@baddabingbaddaboo100 You're a mong mate
LeLet's go...
+1 571 257-4109
@@favourdonald6300 scam
1 thing I can say from personal experience, is that he takes care of not only his family & employees, but also staff & employees of other companies wherever he goes or is stationed. Thank you Mark for your generosity come Holiday season, God Bless!
That's not what Steve Nash thinks; and Nash is one of the most straight up people in the entire world.
HURR DURR celebrity worship.
@@TheTechSupportGuy You misunderstand the definition of worship lol, simply talking about someone in a really positive way isn’t even close to worshiping.
If you need to "be taken care of" by some man there is problem over there
Making millions is easy.
Earning $1 billion is just becoming a millionaire 1000 times!
@@bbs5400 he bought the mavericks for 285 million. its value is in billions now
@@wuwba According to Forbes, he has a net worth around $3.5 billion. Other sources say $5 million, so who knows
yeah making millions of sperms is pretty easy
@@erwinsaputra3645 sell each one for a dollar. boom, millionaire.
Becoming a millionaire is easy just get 1000 dollars 1000 times
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Mark Cuban was lucky enough that Yahoo was stupid enough to throw money at that crap like a lot of companies did during boom. And they all lost a lot of money also.
+jxsilicon9 you said it bro. :)
No not they, US the stock holders lost our ass! got that right!
Well. Mark Cuban was very smart guy. He had built many businesses while he was young.
that's what luck and timing is all about
trump was lucky enough that his father was a successful racist fuck.. and that he inherit a last name brand worth millions..
who had it easier. Cuban or trump ?
What are people talking about luck for? He earned it. He was there at the right place at the right time because his whole life he had basically been preparing for it. He was smart. He invested the time and the money into the internet and he got it. All these people talking about luck are kidding themselves. You make your own luck for fuck sake, hard work does it.
Someone with some real wisdom. Most likely an entrepreneur yourself.
Kristin White
Have you never experienced success? I'd like for you to give me examples of such people whom are intelligent, prepared, motivated, and have worked hard their whole life whom have not reached some level of success. If they have a great idea in a down economy, then they'll be smart enough to preserve and protect it, or collaborate until the suns comes through the clouds. If they don't have connections. They make them. But at the end of the day it's not about the skill or luck; it's about persistence. To be at the right moment at the right time, you work every day, at every time.
Thank you for your referral to the book as well, I think I might actually read it.
Kristin White apologies *I'll read about the just world fallacy
Wasn't aware that it was a concept not a book.
Kristin White Any one can work hard, how many work hard and smarter?
I know people that work 79 hours a week and get no where, i got close family here in Hawaii that work 25 a week and are in 8 figure incomes..
hard work has never had the result of a promised high out come...
David R
So what exactly do they do?
How can you not love this guy and cheer for him?
5:19: "My brother, who I will always talk up because I need his handouts, hired me, a trained lawyer, as a stock boy. Oh, gosh, bless him!"
Running the mavericks like that is absolutely visionary. Bringing spokesperson marketing tactics to sports teams and making the team feel like winners by giving them passionate fans and amazing treatment. No wonder they won. He even had the money for the fines so he really went with no rules.
"Luck is when hard work meets opportunity."
Or when opportunity meets preparation
Paul M thing is: nobody is prepared for everything so hard work meets opportunity fits more
@@jadentran9895 or opportunity meets solution?
@@jadentran9895 Goodness what an idiotic observation. They are literally the same exact thing just phrased a big different.
Paul M how is hard work the same as preparation? Just because you work hard, it doesn’t mean you are prepare for it
Mark you just inspired me. I hate that i am too self driven and it sometimes takes a toll on my team. But in all i love to win and i love to have my team experience success. I hope we someday make the world see all the results of our efforts.
"get drunk with as many people as I possibly could"
there is hope for me yet
+1 253:;559::0688..
dont count on it, i have been doing that and now i live with my mom at 43. 2000 saved.
He made 6mil before saying that.. So probably not much
Mark Cuban - " In football you play 60 minutes , in basketball 48 minutes but in business it's 24/7/365 and the whole world is trying to kick your ass."
*WOW !* 👏👏👏
Yeah. It's not like all these competitive players spent YEARS of grueling training to get there and won't end with broken bodies by the time they get to 30... /facepalm
@@the_arcanum Entrepreneurs spend more time on their job than athletes do on training, they work harder than athletes
@@the_arcanumhe means that you can lose or gain money at 6 AM or 6 PM in business
I think the biggest thing to take from this that endless amounts of work doesn't always equate to the level of success you expect. Most of the time, you have to be lucky. You've got to be in the right place at the right time, and you need to have connections with the dedication to work harder than your competitors .
Mark: im going to the BBC
Me: what!?!
Mark: Billionare Boys club
Me: oh ok
Greeny His wife gets the bbc
What, isn't that a news network, why would his wife get it? I don't understand
*BBC category intensifies*
@@ireallycantwait7172 x for doubt
That's y ur broke.
@@taylorterror4965 trueeee
He had my curiosity but now he has my attention, what a pioneer, the only people who are crazy enough to change the world are the ones who actually do.
See you at the top Mark.
Hey man, if you still have this youtube Account, how are you doing today?
Let me sum up this 25 minutes: Mark Cuban, he was good at something, and he capitalized on it. Whether or not he is an a-hole, which I get the feel he is, he is good at something, and with perseverance he pushed forward and became a billionaire with luck, hard work, a bit of shady stuff and pixie dust.
Pulp o curve yip c td Dre
Richard T Christopher Jaeb, Todd Wagner and Mark Cuban sold Broadcast.com (an Internet radio company ) to Yahoo! in April 1999 for $5.7 billion. Broadcast.com doesn't exist anymore
Str1000ac Oh, thats, something.
Richard T Classic dotcom story. He sold his dotcom company to stupid Yahoo! at 50-100 times higher price than the company is actually worth.
Str1000ac Jeez, well he sure knew what he was doing.
I saw him walking after a marathon in NYC he was nice and polite when I recognized him he just said hi but he looked tired so I didn’t say more … he participated in that marathon but he was trying to scape ☺️
OK, I’m giving into watching this video for the first time after seeing it in my Recommend list nearly every day for 6-Years.
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"I dressed up in a suit and tie. We sat on the floor and watched basketball for 4-5 hours.. I think we ate coco puffs and dorito's .." lmfao
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smh forreal! That's kind of rude.
build a company and got lucky that tech was so massively overvalued when he sold out. His company no longer exists in any form, so he pretty much got paid billions for something that turned out to be worthless.
Wow dude I’m shook by this lol
the same goes for Kevin O'Leary, the Canadian pontificator that now, fortunately, inflicts himself on Americans. And a lot of other guys and gals, that sold and got out when the getting out was for "kash".
@@dwightstjohn8549 lol not really? he was part of computer chip making firm first and do u know what Mattel was? he sold it yeah cuz they were not able to manage the size but what they had built was truely close to blue chip company. This guy was lucky at best that's it. Just go through Nasdaq 100 index and look at price at 2002 b4 the crash. And look how long it took to bring it back up. Overvalued crash which yahoo sad enough got the worst of it. But honestly yahoo is pretty terrible themselves. Microsoft offered them 47 billion back on the days to buy them. But they still declined he ended up buying them for 4 billion. Sad they suck at expanding business as well.
eh i think he contributed to how the internet is now. we’re able to see broadcasts and hear live events on multiple platforms
A lottery in a way. He made nothing of value.
"I'm going for the bbc."
😆😂😂
Billionaire bois club
What a lucky and hard working guy!
You can't help but respect, admire and really like Mark Cuban. He is bold, intelligent, amiable and focused. This is exactly the type of American, people worldwide would like to imitate, hang with and imitate.
Mark's younger brother reminds me of sid the sloth from the ice age lmao
🤣🤣🤣 me too man
I wrote a book based on how I went from reading at a 4th grade level at age 26 to starting a brick and mortar business that employees over 70 great people. The book shows a path on how to start a business and stay in business for over 30 years. The importance of taking action and what kind of action. I don't consider it to be self help but personal development. I believe THE MORE I GIVE THE MORE I LIVE. The name of my book is MENTOR THE KID AND THE CEO.
Really enjoyed the back story for Mark and how he become very successful.
All billionaires have one thing in common. OWNERSHIP. It has nothing to do with work. It is all about ownership of assets. That isn't to say they didn't earn it. Many truly worked hard to build up their businesses. However, there are just as many people who were simply lucky and already came from nice households which allowed them to use their parents' money to start up businesses and hopefully strike it rich(er).
It's rather the personal ambition than the inheritance. Obviously a lot of people who are billionaires inherited it, that is just how capital works. But the ones who BECOME billionaires, they get there by their own ambition that drives them. Not to say there arent many who fail despite their ambition.
He is rich bc of his drive,
He is a billionaire from luck
So true. My dad was a millionaire all his life through hardwork, but became a billionaire just because of a lucky business deal.
Max Meier LOL
@@xnopyt647 No he didn't
Dominus yah right like your dads a billionaire. If he was you wouldn’t he watching this video on how someone became a billionaire. This is just for people who want to be billionaires.
Dominus who’s your dad?
Kobe Bryan once said *the one mistake we make in life is believing we have time*
That's true, that's why we need to invest
now I understand why yahoo went down the drain.
Yep. Fast forward 2 decades later and theyre reduced to almost nothing. It was a bad investment.
Atleast offices still use yahoo mail
Yahoo has a decent site for info on stocks .
I use yahoo is that bad
Google also
He applied for the formula, The magic of thinking big. and he was hard-working and passionate.
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*2.* _People are not what they say but what they do; so judge them not from their words but from their actions._
*3.* _When someone hurts you, don't feel bad because it's a law of nature that the tree that bears the sweetest fruits gets maximum number of stones._
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Let's Motivate me dears
This guy gives me a vibe of “fake it till you make it” lol
What's with the weird posing when they introduce interviewees? Strange....
this was 2014 those where the introduction styles back then
No wonder Cuban wanted no part of this vid!
lmfaoo, a year later and im dying @ it
Exactly
It's called creativity
What an interesting mini documentary on such a successful individual. While with some controversial actions and decisions made, he was at the right places at the right time, working hard wherever he was.
This is great for beginners. It’s time we let our money work for us as much as we work for it. Appreciate the video.
I do my best to asses the risk/reward ratio, and invest in the most profitable companies but we all know that’s what everybody aims for. But with Sir Maxwell at the helm of my affairs I have built up a solid portfolio and generated over $500K in profits consistently trading on the stock market. It’s amazing.
Some tips, in no particular order:
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5 Might be the most important especially if you’re a newbie, It’s a too most people over look, invest with a Fund Manager. I say this because it is what helped me turn around my financial situation.
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How do I get in touch with your Fund Manager?
The arena chanting "Thank you Mark" was icing on the cake... Awesome stuff!!
Mark Cuban: "I ripped off Yahoo during the Dotcom Boom".
here in my garage
*here in my backyard.
Brendan Nicholas 8
I got blocked by him on Twitter!
SuperSaiyan3985 I'm blocked by tai on Instagram😂
Darkseid v Welcome to the club brother.
The stances each individual takes upon being introduced are hilarious.
“Cuban didn’t leave his house for 3 weeks” so Cuban had to stay on his side of the city for 3 weeks 🤣
I had the really cool opportunity to meet Mark in person just outside the restrooms at the Wynn Hotel in Las Vegas (I had just walked out… I don't think he needs to USE the restroom :-) a couple weeks ago. He really was a nice, approachable person and we just spoke for a few seconds (I know how valuable his time is) but it really was cool.
Great Story.......he's obviously an intelligent guy who has done some remarkable things. I'm looking forward to seeing what he's going to do next....
Most people just log on CZcams to get info on stocks to pick, without basic understanding on portfolio selection and risk tolerance. Also get the best from a financial advisor and work on your investing tolerance and with time you'd learn to navigate the market all by yourself
have been a believer in the blockchain and the stock treading over the years and from experience, I have learned that information about stock treading comes from three kinds of people, One who knows but would rather suppress the information by publicly criticising stock treading but privately stacking up on the asset, there is also the truly ignorant who would
Cool profits, you don't really have to work anymore. How did you do it? My stocks pick have been depressingly bad and seeing people pulling decent numbers is really surprising.
"The stock market is a device for transferring money from the impatient to the patient"
"The stock market is a device for transferring money from the impatient to the patient"
technical analysis is very lucrative nowadays based on the recent observations, I believe we shall be experiencing a great move in a short time.
Mark Cuban has one thing that everyone has, brave. the braveness to do anything, whether it is going to fail or not, he's a TRUELY DO-ER !!!
Consistency consistency consistency!!
" Somebody's got to be the luckiest guy in the world, & I'm just glad its me " what a badass... I feel the same way!
THIS GUY ENJOY LIFE YOU CAN SEE IT ON ITS FACE ! big up MARK great work with MAVS !
Am I just high or is it funny to anyone else, right when they said Cuban “came out” of retirement they showed the gayest picture of Cuban I ever seen 6:03
Lol. There are others equally gay. What about the "mom jeans" seen multiple times? 😂💦🍆
I KNEW him as the owner of dallas Mavericks and a BIllionaire but not the fact of other accomplishment and that he lead the team from the start when they were worst. "thank you mark" damn gotta give goosebump. he is real entrepreneur tycoon.
The video is very interesting. I really learned a lot. I admire Mark and enjoy watching him on Shark Tank.
I seen his brother on CG kid and he's inspiring AF
6:48 is the oddest moment ever.
4:01 i disagree
HAHAHA
😂😂😂
That pose hahahahahah
Aaron Künnapuu did the gut blink ahhaha
Simply, a great guy and an example to follow
probably one of the most beneficial and meaningful videos i’ve ever watched on youtube !!
selling garbage to a clueless company with money (yahoo)… seriously, there’s even a character in HBO’s “Silicon Valley” that’s a parody of him
Outstanding individual. What drive and passion!!
Cuban's too smart to be a criminal. And he deserves every penny he has.
agree
takes one to know one eh??? bet you stole money in those short sales too.
maskvp mGy and every penis in prison
What? How can a single individual ever "deserve" so much? That greedy bitch has absolutely zero moralities. Fuck capitalism!
It's not wrong if you don't get caught!
Mark Cuban is awesome love that guy he's my favorite on shark tank:) a smart guy.
me too. big fan.
are u smart urself
You mean Mark Chabenisky
+britney miller
stupid opinion
Francis Muraya Whoa, that's one hell of a reaponse....not
I just now gasped out loud when I learned that he rebranded HDNet to AXS!
Well Done, Mr. Cuban! If we want to achieve something let's go and get it instead of being jealous. Shalom to y'all...
he said that u don't start a business on a loan but he started a bar in one.
yea loan then vs loan now....
Yeah and he learned from his mistake
It wasn't a loan, it was an investment. The investor didn't lend him the money, they gave him the money in return for a share of the business
cos he was a moron then ...lol
experience is always the best teacher
Great example of entrepreneurial thinking. Skill passion and intelligence = great results. Luck played only smart part of his success. You can sense in the video how strong is his persistence, vision and desire to win.
Cuban's most brilliant move ever was hedging his "locked-up" Yahoo stock.
Really great documentary. Cuban Rocks.
“No dude, BBC thats what im doing” lol
Meet the right people at the right time and you will be uplifted so happy I finally got out of rat race thanks Thomas Stuart mark
I watched this back in around 2015 or 2016. Inspired me alot
Super inspiring, great content, thanks for sharing this upload
The thing with Mark, and I like the guy, is that at the root of his wealth is selling his site at an insanely overpriced evaluation, at the time there was no shortage of reckless buyers.
Which I respect, but as someone who took advantage of a moment, not actually built a real successful business.
In other words, imagine shark tank, someone asking for a BILLION dollars for a company with just $1 million in sales.
That’s what Mark did. There was a short window in time where investors were throwing so much money at internet stocks, it worked.
THAT is what "luck" is all about. Time AND Place. Oh, and gutz...
inotherwords, along with Jordan Belfort and his Tank Mate Keven O'Leary, they'll all "Vacume Salesmen of the Year".
It was destined to crash it was in an absolutely massive bubble
@@dwightstjohn8549 ق وح وحج مح مممنمم
great doc!
very inspiring, thanks for the upload.
Thanks for the update
Successful people don't become that way overnight.what most people see at a glance-wealth,a great career,purpose- is the result of hardwork and hustle over time.
You're right sir
Thanks for introducing me to expert mr smith greenwoods of financial education
Most people don't invest due to ignorance
People are scared of investing because of the high rate of scam in the business
There are scammers but real brokers are out there for investors
You can tell his energy level is extremely high. Does he even sleep?
Cocaine
0:21 "Ohh, I'm going for the BBC..."
"Big black--"
"Billionaires boys club"
OHHHHHHH
I’ve never seen a stranger collection of individuals in one CZcams documentary.
*Starting early is the best way of getting ahead to build wealth,investing remains the priority.The stock market has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works*
I totally agree with you,the stock market is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
But successful people don't become that way over night,what most people see is a glance wealth,a great career,purpose is the result of hard work and hustle over time
@@armstrongbill6805 Talking about being successful!
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7:08 - 7:42
When you save up $$$ for 1-2 years for that iced out chain, finally bring it out and the luckiest/lickiest tough guy takes it from you and says he won't be needing you anymore
All this are so bright. I am so happy to learn from them.
Yes that's how you win! Sales cures everything!
Look at business as a sport! Interesting idea..