I've disagreed with Mark Cuban before, and a seminar participant sent me a Mark Cuban post, to wit:
Next, give it your test. What does your own experience tell you? When Peter Drucker says "entrepreneurs do not take risks" then think that through. It sounds contrary to everything you have ever heard. In that case, if you think about it, it is clear that Drucker is right... entrepreneurs do not take risks.
Perhaps Mark Cuban is simply one of those accidental billionaires like Paul Allen. He is an example of survivorship bias, "he must be right, he is rich." If he had found passionin his work, he's still be doing his work, and not seeking validation in celebrity by funding TV shows and sports teams starring himself.
Cuban is right to note everyone is passionate about something, passions are cheap and plentiful. Cuban might have noted the etymology of the word passion, and its Greek root meaning "to suffer" the meaning it holds to this day. Cuban is right to note the call to passion is empty in its widespread use. Here is where Cuban is wrong, passion is only half of the formula, the other half is the experience of joy when working on that which causes you to suffer. It is a defining moment to find among all of the things that cause you to suffer, to find the one, unique to yourself, that gives you joy to work on the problem. The winning combination is to have the two together at once.
So passion is key, it is the beginning, it is fulfilled in joy, and it is this combination that drives the "hard work" which to all the world seems to be, but in fact is subjectively hard play on the part of the entrepreneur. Jobs vs, Cuban.
Mark Cuban does many good things, but ultimately he loves the state-intervention welfare system that has benefitted him so much. We all love a system that works for us, which is why I love anarchy. He's love it too if he found that combination.
Feel free to forward this by email to three of your friends.
I hear it all the time from people. “I’m passionate about it.” “I’m not going to quit, It’s my passion”. Or I hear it as advice to students and others “Follow your passion”.
What a bunch of BS. ”Follow Your Passion” is easily the worst advice you could ever give or get.
... Why were you not able to make a career or business out of any of those passions ? Or if you have been able to have some success, what was the key to the success.? Was it the passion or the effort you put in to your job or company ?
Why ? Because everyone is passionate about something. Usually more than 1 thing. We are born with it. There are always going to be things we love to do. That we dream about doing. That we really really want to do with our lives. Those passions aren’t worth a nickel.
Mark Cuban is missing a part of the whole picture, which I'll get to in a moment. He is widely followed because he is a billionaire. But there are plenty of other billionaires who would disagree. For example Steve Jobs. Steve Jobs died doing what he loved, that for which he had a passion. Mark Cuban quit his day job and is in a search for something to do, like Bill Gates. So as a test, when reading something, stand it up against the speaker's peers. Jobs vs. Cuban.Next, give it your test. What does your own experience tell you? When Peter Drucker says "entrepreneurs do not take risks" then think that through. It sounds contrary to everything you have ever heard. In that case, if you think about it, it is clear that Drucker is right... entrepreneurs do not take risks.
Perhaps Mark Cuban is simply one of those accidental billionaires like Paul Allen. He is an example of survivorship bias, "he must be right, he is rich." If he had found passionin his work, he's still be doing his work, and not seeking validation in celebrity by funding TV shows and sports teams starring himself.
Cuban is right to note everyone is passionate about something, passions are cheap and plentiful. Cuban might have noted the etymology of the word passion, and its Greek root meaning "to suffer" the meaning it holds to this day. Cuban is right to note the call to passion is empty in its widespread use. Here is where Cuban is wrong, passion is only half of the formula, the other half is the experience of joy when working on that which causes you to suffer. It is a defining moment to find among all of the things that cause you to suffer, to find the one, unique to yourself, that gives you joy to work on the problem. The winning combination is to have the two together at once.
So passion is key, it is the beginning, it is fulfilled in joy, and it is this combination that drives the "hard work" which to all the world seems to be, but in fact is subjectively hard play on the part of the entrepreneur. Jobs vs, Cuban.
Mark Cuban does many good things, but ultimately he loves the state-intervention welfare system that has benefitted him so much. We all love a system that works for us, which is why I love anarchy. He's love it too if he found that combination.
Feel free to forward this by email to three of your friends.
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