ReThinking Mark Cuban doesn’t believe in following your passions
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Sep 13, 2022 
Mark Cuban, a serial entrepreneur and Shark Tank investor, discusses his journey from selling garbage bags to owning the Dallas Mavericks. He emphasizes turning problems into opportunities, particularly through his online pharmacy, Cost Plus Drugs, aimed at reducing medication costs. Cuban challenges the notion of following passion for motivation, advocating instead for practical decision-making in entrepreneurship. The conversation also touches on transparency in healthcare and the evolving dynamics of teamwork in sports, highlighting leadership's importance.
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Cuban's Wharton Visit
- Mark Cuban visited Wharton and unusually hung out with students at a campus bar past midnight.
- He asked them if they were on Facebook, expecting a "no," but they used it for groups.
Cost Plus Drugs Model
- Cost Plus Drugs aims for radical transparency in drug pricing, showing cost plus a 15% markup.
- It also utilizes network effects and trust within patient communities.
Expand Your Expertise
- Pursue ventures outside your normal expertise to learn and grow.
- Fund studies and research in areas you're curious about, like Cuban did with healthcare.