Billionaire Mark Cuban's best investing advice for entrepreneurs - Business Insider

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Billionaire Mark Cuban uses an investing tip called 'the knowledge advantage' to build successful businesses — here's how it works (via Entrepreneur)

, he went from broke at 24 to a multimillionaire at 32 from the sale of his first company. By 37, he was a billionaire. What led to such a rapid rise in his wealth and continued success? for yourself, it's time to implement what Cuban calls the "knowledge advantage.

Then you have Cuban's majority stake purchase in the Dallas Mavericks in 2000 for $285 million. Because Cuban knew sports, he anticipated that the team was undervalued. Under Cuban's ownership and expertise, the franchise is now valued at over $2.3 billion.

 

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