Mark Cuban: prediction

Transcript context

…There’s a delusional aspect to entrepreneurship. You, That’s a great question. Do you have to be ambitious and set aside reality at some level to think that you can create a company that could be worth 10, a hundred, a billion dollars, yeah, at some level. Because you don’t know. It’s all uncertainty. But I think if you’re delusional, that works against you because everything’s grounded in reality. You’ve got to execute. You’ve got to produce, you can have a vision and you can say, this is where I want to get to and that’s my mission, or this is my driving principle. But you still got to execute on the business plan, and that’s where most people fail. Yeah, you have to be kind of two-brained, I guess. You have to be able to dip into reality when you’re thinking about the specifics of the product, how to design things, the first principles, the basics of how to build the thing, how much it’s going to cost, all of that.…

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