Billionaire Entrepreneur Mark Cuban: 'Failure is Part of the Success Equation'

“I failed.”

Those are two words you might not expect from Mark Cuban, Shark Tank’s only billionaire judge. But he’s had his share. Take, for instance, when he tried selling powdered milk. It was a swift lesson in failure -- about as fast as reconstituting powdered milk with water. “I honestly thought it would make a killer business and it lasted minutes,” he says.

Related: What Would Mark Cuban Change About His Career?

The Dallas Mavericks owner and tech industry titan told Entrepreneur.com on the set of the popular startup pitch show that he’s gotten fired from “more jobs than most people have had.” He’s also failed to close several key sales deals, has had his credit card rejected and cut up on a date, and he’s opened and closed more businesses than he can count.

Still, the scrappy, six-foot-three serial entrepreneur and investor never once gave up on his boyhood dreams, sparked at the age of 12 when he decided to sell trash bags door-to-door to be able to afford basketball sneakers.

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Angie D OGrady

Cooxist

Executive Leadership