Mark Cuban: Only Morons Start a Business on a Loan

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/tv Bloomberg 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

1. sorry but this guy is an idiot, I'm a small business owner, so i know what the hell is up with starting a business and running it.
   and the internet was not created for video? hahaha well maybe in the beginning but what version did this moron get stuck with?
2. bit he correct in some stuff but he a Nazi!
3. this coming from a Zionist who changed his nsme to cover up his priviledge past! Where did your money come from to start s business?
4. seen it, but would you look past my credit history?
5. Thought the title said "mormons"
6. Payday Loans Online Paid aaaas soon as Tomorrow! https://twitter.com/ebb885034581e7007/status/822777246943326208
7. Exactly
8. more you learn about cuban the more he turns out an idiot lol
9. Thumbs down. This guy is annoying.
10. heres how you start a business:have money from family or get a loan to the bank, sell some silly product which promises the moon,rely on stupid public schooled people to buy your shit,get poor people in third world countrys to do the work and pocket the surplus from first world idiots.
11. loans are useful
12. this is clear survivor bias
13. Tell this to Jack Ma
14. yet he doesn't say how to start a business without a loan
15. Interesting how quickly we forget our humble beginnings Mr Cuban. I just watched another video where a friend said he loaned you money because you were having trouble getting money from the bank when you first started.......
16. Very true ! Why would someone get a loan and create a bill that has to be paid out the door ! Take it inch by inch !
17. NO LOAN or Finance: I started with a wheel barrow and now my Company has a Dump truck, two HD Pickup Trucks, two dump Trailers, an Enclosed trailer, and all the equipment we need to do anything. And thats only after 2 years. I think if you open your mind to realize anything is possible for anyone and accept yourself for who you are all the negatives and positives and you set a goal and you know that you are going to do whatever it takes with using a smart and planed out process you will get there. Just try and use your GPS to take without telling it exactly where you want to go and you know if you don't decide exactly where you want to go you will probably never end up anywhere you truly want to be. Thats what people like Mark know is exactly where they wanted to go and regardless of a Loan or Financing whatever method you planned out that you know works for you then do it instead of occupying your valuable time thinking of all the reasons you can't do it or why it can't be done.
    
    What are you going to do before you die?
18. It is obvious that everybody else next to him is a moron.. basically what he's saying is you can build businesses everyday and still die not having one
19. I'm from La and I'm on disability i got 7 kids and I live day by day I struggle alto but people say u can do what u want I don't bereave that when u r broke .I have a few ideals that will make tons of money but its hard to trust people now days and when I don't have help r money its very hard to get started no one wants to give u a chance now days but one day I will have my chance one day