LET'S SHADOW MARK CUBAN IN FULL AGAIN!

First of all you got to do it, / right. // Everybody's got ideas / but you've got to take that step / like you've thought about the show for a long time and, / but it's hard to take that step. // In my case / I had to get fired in order to, / to force myself to get there. // Second, / sales cures all. // Right. // There / -there's never been a company to exist / that didn't have revenue / and so / when you're getting started / the first thing to focus on / is not raising money/that's the biggest mistake people make//99.99% of businesses / don't have to raise money / but you have to have customers. // And so what I always suggest is / whatever your service is, / if you're mowing yards, / if you're building widgets, / whatever it is / go find customers / because if you can find somebody who / -who really likes what you're doing / they're gonna want the product / they'll support you. // The, / the third thing is / you've got to realize that / whatever you're doing / you're competing with somebody. // What is it that gives you an advantage / over your competition? //Then the fourth thing is, / what's your core competency? // What are you good at? // Whatever you're good at, / try to be great at it. // And if you're great at it / good things will happen. // And then probably the fifth thing is / your customers own you. // You don't own your business, / your customers do. // When your customers say jump / you don't just say how high, / you ask for precisely the / -the height / because you know, / they have to make the choice. // They just, / you know, / everybody / individually they, / you know, / the choices you make as a customer / for different products and services / and use that as your guideline for, / you know, / what will be important to your customers. //

LET'S UNDERSTAND!

1. What's the first thing start-up companies should focus on?

2. Why is it important to find customers who really like what you're doing?

3. What needs to be done if you find what you're good at?

4. What is the speaker's purpose of the speech?

5. In your opinion, how crucial is it for aspiring entrepreneurs to take that initial step and overcome the fear or hesitation associated with starting their own venture?

LET'S RECAP!