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Mark Cuban: "I have started multi-million dollar businesses with less than $1000."

J. Peterman

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Feb 26, 2004
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That is what Mark Cuban said as he gave his contestants an envelope with $1000 in it on his television program last week.
My question is, is it realy possible to start a multi-million dollar business with less than $1000?(or any sort of sucessfull business with that amount?) Or, is Mark Cuban a lucky blow hard that has "made it" and is rubbing the worlds face in dog doodoo?
 
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boxterturbo

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Oct 4, 2003
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Depends on the industry. Mark was there at the right place and the right time of the IT industry to make his first million as a sales person. Then he got lucky on broadcast.com when he sold to Yahoo at the right price. You can't do that in the restaurent business for example, you need start-up capitals. Don't forget, in the dot com days, Cuban didn't have to turn a profit to make his billion dollars.
 

J. Peterman

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Feb 26, 2004
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The escort business is a business you can start with an ad in the newspaper to recruit that tallent, A second ad to offer your services to the public, a cell phone and a beat up old car to tranport the talent in!
 
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