Mark Cuban

It’s All About Execution and Stick Figure Cat Drawings

English: Mark Cuban
Mark Cuban is an investor of

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What would you say if I told you I was going to make stick figure cat drawings?

Your first response may be to highlight the fact that I’m above the age of 4. Now what if I told you that this was not a child’s arts and crafts project, but my business idea. Not only is this my business idea, but my sales pitch includes a song and dance called, “I want to draw a cat for you.” What would you say then?

I think many of you would ask me if I’ve lost my mind and that would be a fair question. However, the truth is that absurd business concepts, even dramatically idiotic ones like stick figure cat drawings, can be brilliant, revenue generating businesses so long as they are properly executed.

On ABC’s Shark Tank, a show where investors get pitched and invest their own money, a guy named Steve Gadlin walked into a room, stood before five prominent investors and proved that execution is all that matters. He danced, he sang, he pitched a business predicated on cat drawings, and secured an investment from Mark Cuban, a billionaire investor and owner of the Dallas Mavericks. This is something worth seeing for yourself.

The lesson to be learned here is that there is so much more to a successful business than just the idea. The trick to taking a business idea and turning it into a successful reality is all in the execution of that idea. It’s about taking your concept, regardless of how “out there” it may be, and making it work even if those around you liken your idea to the works of a 4 year old. It takes inventiveness, creativity, and lots of hard work.

Many of todays greatest inventions, if turned into a sales pitch, would be as television worthy as stick figure cat drawings. Just imagine what a Wright brother’s sales pitch may have sounded like. “So you see what those birds are doing? Yeah, its basically like that but with lots of wood and metal. Wanna invest?”

We encounter people every day who come up with crazy ideas, but the people that succeed are the ones that can execute. They are the people whose convictions and beliefs outweigh the objections and negativity of the naysayers.

So as I look out of the window and watch the planes fly overhead, I’m constantly reminded that no idea is too small or too stupid. Ideas don’t mean anything without good execution. And if the planes aren’t enough of a reminder, I suggest you order a picture of a stick figured cat and hang it above your desk.

Connect with Dan Reich on Twitter – @danreich.

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A Collection of Quotes – Volume 1

I typically use this blog for somewhat coherent thoughts. When I see things I like and don’t have time to write about them, they either make it to my tumblr account, or to my twitter & Facebook update.

Here are some of those quotes from the past few months:

“creativity, which I define as the process of having original ideas that have value, more often than not, comes about through the interaction of different disciplinary ways of seeing things”
“You cannot plan innovation. You cannot plan invention. All you can do is try very hard to be at the right place and be ready”
“Trust matters in a networked world. Trust is your most important currency”
“Real competition comes from the sport of business.”
— Mark Cuban – The Sport of Business
“The goal is not to be better than the other man, but to be better than your previous self.”
— An old Hindu proverb
“You see things and say ‘Why?’ I dream things and say ‘Why not?’”
— George Bernard Shaw
“Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.”
— Nicollo Machiavelli
“Ranting is how you get the sludge out of the way so the genius can slide out on greased skids.”
— Joel D Canfield
Any of these worth anything to you?
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