Only moron starting a business on loans – Mark Cuban [Video]

Is Mark Cuban Correct in Saying Only Morons Start a Business on a Loan?
Cuban is right that people greatly underestimate the commitment, hard work, time, and cost of getting into business. If a loan is easy money it can facilitate bad decisions, and you have to pay back sooner or later. That’s true with equity financing or bootstrapping too, but in those cases you don’t have a bank after you.

Check out other videos that you might like :
1. How financial bubble forms – Warren Buffett
https://youtu.be/PGe7AUKbfZM
2. What to avoid in investment – Warren Buffett
https://youtu.be/bQCcGeuZ-iQ
3. When to sell your investment – Warren Buffett
https://youtu.be/dzam6oMFDVk
4. How to invest with little background in finance and accounting – Warren Buffett
https://youtu.be/rTWD-kXnbkI
5. Lessons from 80 years of investing – Warren Buffett
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6. Investment strategy – Warren Buffett
https://youtu.be/Q_QqhuqyG2I
7. Risk in investment – Warren Buffett
https://youtu.be/J7MScO_oLjo
8. How invest in index funds- Warren Buffett
https://youtu.be/5bO017PU494
9. How to do asset allocation – John Bogle
https://youtu.be/bk3RETHJ9P4
10. 10 rules of lifetime investing – John Bogle
https://youtu.be/3xflwpgKO74

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Check out some of the Warren Buffet and Charlie Munger recommended books for a lot of more knowledge and enjoyment :
1. Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2013
https://amzn.to/3cLg3yR
2. Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition
https://amzn.to/3q0k1qZ
3. Investing Between the Lines: How to Make Smarter Decisions By Decoding CEO Communications
https://amzn.to/39WfYGu
4. Guns, Germs, and Steel: The Fates of Human Societies
https://amzn.to/3cDZW5T
5. A Few Lessons for Investors and Managers From Warren Buffett
https://amzn.to/3pWyZ1a
6. Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition
https://amzn.to/2O48FnU
7. The Clash of the Cultures: Investment vs. Speculation
https://amzn.to/39XyjDq
8. The Great Crash 1929
https://amzn.to/3rya6cC
9.The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
https://amzn.to/3qkzsuh
10.John Bogle on Investing: The First 50 Years (Great Ideas in Finance)
https://amzn.to/3qh1wik
11.The Bogleheads’ Guide to the Three-Fund Portfolio: How a Simple Portfolio of Three Total Market Index Funds Outperforms Most Investors with Less Risk
https://amzn.to/3tTCsQw
12.Stay the Course: The Story of Vanguard and the Index Revolution
https://amzn.to/3jLAddm
13.Bogle On Mutual Funds: New Perspectives for the Intelligent Investor
https://amzn.to/3jJHESt

Some of other classic investment books that might be of interest :
1.The Intelligent Investor Revised Edition
https://amzn.to/39tAT3N
2.The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy
https://amzn.to/3otkWid
3.The Warren Buffett Way: 3rd Edition
https://amzn.to/39tZJ3f
4.The Essays of Warren Buffett: Lessons for Corporate America, Fifth Edition
https://amzn.to/3iYL5Ez
5.Buffett: The Making of an American Capitalist
https://amzn.to/2Yq0t37
6.The Essays of Warren Buffett: Lessons for Investors and Managers
https://amzn.to/2YsreE1
7.The Art of Being Rational : Charlie Munger
https://amzn.to/3iZXND2
8.The Snowball: Warren Buffett and the Business of Life
https://amzn.to/39s4Z7r
9.The Millionaire Next Door (Millionaire Set Book 2)
https://amzn.to/39rvWIr
10.Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions)
https://amzn.to/3pHJl5b