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MC

Mark Cuban

03/30/24

@ Lex Fridman

No business has ever survived without sales, so being able to sell is vital for an entrepreneur.

Video

LF

Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs | Lex Fridman Podcast #422

@ Lex Fridman

Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs | Lex Fridman Podcast #422

03/30/24

Related Takeaways

TB

Tyler Bosmeny

09/26/18

@ Y Combinator

Sales is one of the most fundamental skills any founder needs to master.

JH

Jensen Huang

06/24/11

@ Stanford Online

In the early days of a startup, survival is crucial; as CEO, you're either making money, saving money, or raising money.

RP

Ryan Petersen

08/30/18

@ Y Combinator

Entrepreneurial sales differ from regular sales; the goal is to get to 'yes' by understanding what conditions clients need to agree to work with you.

JS

Joel Spolsky

10/25/13

@ Y Combinator

To survive in an organic growth business, you need to break even quickly, often by consulting or generating revenue from clients from day one.

MC

Mark Cuban

03/30/24

@ Lex Fridman

To assess if a company can generate revenue, I look at whether the entrepreneur can sell the product or if someone on my team can help them sell it.

EM

Eric Migicovsky

10/13/18

@ Y Combinator

Founders need to be technically competent and understand that they may have to become salespeople to successfully market their products.

CM

Cindy Mi

01/17/19

@ Y Combinator

As an entrepreneur, it's crucial to prioritize customer success, ensuring that the needs of students, parents, and teachers are met to drive the overall success of the business.

JH

Jensen Huang

06/24/11

@ Stanford Online

Understanding the essence of your business is crucial for survival, especially in a fast-moving technology industry.

KN

Kirsty Nathoo

08/22/19

@ Y Combinator

Cash is the lifeblood of every business, and running out of cash means the business dies with no way back.