Mark Cuban Reveals 4 Rules To Becoming A Millionaire: 'Find Something You Can Be Good At. Then...'

Entrepreneur and investor Mark Cuban is one of the most well-known figures in the business and sports worlds. Cuban is also pretty open to sharing advice and tips on how to make money and potentially become a millionaire.

In 2022, Cuban shared four rules to making money and becoming a millionaire in an interview with GQ, as shared by CNBC. 

“If you want to be a millionaire, you can do it, but there’s a couple things you have to be able to accomplish,” Cuban said.

Rule 1: “Find something you can be good at. Then, be great at it.”
Cuban’s first rule is possibly the most important. He advises that people need to focus on their strengths and develop those skills as their focus area. This could be a certain vocation, a sport, or creating content. A passion for something can often translate into putting in the necessary work and effort to be successful.

Rule 2: “Know how to sell.”
CNBC reported that Cuban sold trash bags door-to-door when he was 12 years old to earn money to buy sneakers. Cuban bought the trash bags for $3 and sold them for $6. Part of Cuban’s sales pitch was the offer to be available by phone whenever someone needed the trash bags. He also offered to deliver them in his wagon.

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Rule 3: “Be curious and always learning.”
Finding something a person is good at and becoming great is a key step. Another key step might be continuing to learn and getting better at the subject or skill. Cuban has preached over the years that people should be willing to continue learning and striving to improve.

Rule 4: “When you walk into a room, you (need to know) your s*** better than anyone else in the room.”

Cuban said this is the important step before starting your own company and being able to “control your own destiny.”

Cuban has often shared that great leaders and businessmen often fail several times before making it. It doesn’t matter how many times you fail, he says. Being right only once can make a difference in life.

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This article was previously published by Benzinga and has been updated.

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