Readers are leaders, and it’s evident as many billionaires always have a lot of book recommendations. When you read, you expand your knowledge and gain new experiences that can help you become better in your field.
One of such billionaires who place books as their major source of knowledge is Mark Cuban. He has written about five books and constantly recommends new books for his audience to read.
Mark Cuban is one of the world’s favorite billionaires. So, here’s all we know about Mark Cuban and his books.
Books that shaped Mark Cuban
Mark Cuban has spent most of his life studying billionaires, and it reflects in his career and successful businesses. The Dallas Mavericks owner is committed to self-development and that’s why he attests his success to these books:
Rework by Jason Fried and David Heinemeier Hansson
Rework is a self-help book for entrepreneurs and business-minded people. It motivates individuals to start their businesses or whatever they are interested in, even without capital. In a review of this book, Mark Cuban claims that he would rather employ a reader of Rework than an MBA holder.
The Fountainhead by Ayn Rand
Mark Cuban loves this book so much that he named his yacht after it. He claims that the book helped him to think as an individual, take risks and make decisions that shaped his life. It’s a worthy book indeed, seeing how far Mark has come in his career.
The Innovator’s Dilemma by Clayton Christensen
This book was written by a Harvard Business School professor and many billionaires, including Jeff Bezos, love it. The Innovator’s Dilemma talks about how business owners can adapt to changing technologies and remain relevant.
The Lean Startup by Eric Ries
The Lean Startup helps individuals to test their businesses’ vision by explaining why startups fail. It helps entrepreneurs plan for all the downsides of self-employment before going into it.
Self-Made Success by Shaan Patel
Mark Cuban is a self-made billionaire, so it’s no surprise that he would be a fan of books about fellow self-made people. Shaan Patel prepared for his SAT exams himself and moved from being an average student to getting excellent scores. The book tells his success story and how he climbed up the ladder.
What book did Mark Cuban read to become rich?
Mark Cuban is undoubtedly an avid reader. However, one book stands out for him as he attributes his wealth to the knowledge he got from it. The book is titled “Cashing in On The American Dream: How to Retire at 35.”
This book encourages readers to save $1 million by living like a student. Mark said that he survived on macaroni and cheese for years and drove the worst kind of car in the 80’s and 90’s. His aim was to retire early because he wanted to have enough time for himself and really, who doesn’t?
How did Mark Cuban become rich?
Despite wanting to retire at a young age, Mark Cuban didn’t take a break for seven years when he started his first business, MicroSolutions in 1983. In 1990, he sold the company for $6 million to CompuServe. Then his second company Broadcast.com was sold for $5.7 billion in 1999 to Yahoo.
He became the major shareholder of the Dallas Mavericks.
Who is Mark Cuban?
Mark Cuban, born July 31st, 1958, is an investor, owner of a basketball team, and a production house in Hollywood. He was born in Pittsburgh to an automobile upholsterer. Mark is a graduate of the Kelley School of Business in Indiana University.
The entrepreneur said that he chose the school because it was the cheapest at that point. He has been a judge on ABC’s Shark Tank since 2011. During Mark Cuban’s time with the show, they won three awards, including an Emmy Award.
Mark Cuban’s net worth
Mark Cuban started his entrepreneurial journey when he was only 12. His motivation came when he asked his father for money to get a pair of new basketball shoes, and Mr. Cuban told Young Mark to work towards what he wanted. So he decided to start selling garbage bags and successfully raised enough to buy his favorite basketball shoes.
Afterward, he had more businesses, including a newspaper distribution service, a bar, a disco club, and other enterprises in college.
We can’t say that his wealth came from his early business ventures. He’s worth $4.3 billion and gets his assets from his investment in Magnolia Pictures, AXS TV, and many startups.