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tv   Piers Morgan Live  CNN  February 28, 2014 6:00pm-7:01pm PST

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garden. dallas mavericks edging out the new york knicks 110-108. the maverick billionaire mark cuban talks or in this case walks right across the court. he's never afraid to say exactly what he thinks. >> swag is being able to tell other people what they need to do and not having to worry about them telling you what to do. >> i'll ask him about winning in sports. >> i said would you sell the team he said yes. i said what's your price and i didn't negotiate. i just wrote the check. >> winning in business. >> it wasn't about how much money i had. it was how hard could i work and what could i accomplish. >> and efforts to make it big on "shark tank." >> it want it to sink in on you very very hard, so it just reverberates three your whole body. what was my last question to you? >> would i take the 90,000 for 40%. >> you had a chance to close, didn't you? >> tonight mark cuban for the hour. the mark cuban is a man who wears many hats. dallas mavericks owner, access tv chairman, "shark tank" investor. lots to talk about tonight. mark joins me exclusively. welcome to you. >> thanks, piers. >> where do we start with?
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i watch you last night and there's this amazing moment. there's your team beating the knicks in the last second with a typical cubanesque movement. i thought, there's this guy who went you were 19, 20, you didn't have a dime to rub between you, right? there you are the billionaire owner of a basketball team beating the knicks in their own backyard. what did that moment feel like for you? >> it's amazing. that's one of the beauties of owning a sports team. when you get to run out on the court when there's a buzzer beater, jumping up and down with everybody else and the cops aren't chasing you. so it's surreal. it's an amazing feeling. >> your story is an extraordinary one. because you go back, you were living in pittsburgh. your first job was work at the mellon bank in pittsburgh >> yes. >> very early on you realize the sort of bank structure, the hierarchy is limiting. >> yes. >> tell me how you dealt with that. >> i got a job working at mellon bank in pittsburgh. i would send notes to the ceo. i'm a grunt, right? working on these systems conversions converting from old
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traditional systems to digital systems. i would read articles thinking the bank would benefit from this. i sent notes to the ceo and he'd respond to me. and until my boss pulled me into his office and started screaming at me. john whitman. just yelling and yelling. you're not allowed to do this, not allowed to do that. i realized i was never going to be a very good employee. >> you were basically not observing the bank structure. >> no. i wasn't going through my boss. i just went right to the ceo. it was like no big deal. the whole point when you go to work for somebody, i thought, was you do all you can to make the company more profitable. no limits. and i realized i wasn't going to be a very good employee then. >> was that the moment you thought i've got to leave this place? >> that was one of many. they basically, after i started just doing pretty much what i wanted to do, they kind of shuttled me off and said okay spend some time here. and i just quit. i'd only been there for nine months. and then i went back to indiana for a little bit, back to bloomington for a little bit of time, then went down to dallas. the rest is history. >> it is a remarkable history. you go to dallas, got no money
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still. you get together with five mates. you're living in this small place, right? >> i had a car. a 1977 fiat x 19 with a hole in the floor board where i had to put oil in like every 60 miles. i had to be careful not to get dizzy and fall asleep. i could see the road go by in the hole in the floor board. i had a bunch of buddies living in dallas. i showed up and said i'm crashing with you. i had five other roommates. slept on the floor. didn't have my own room. didn't have a closet. didn't have any place to put my clothes except a pile. >> you had a rule when you went out with your gang. nobody could spend more than -- >> $20. >> so you'd all go buy horrible cheap $12 bottles of champagne. >> it was great. we walked around like we were moguls with this bottle of of champagne drinking out of the champagne. p. diddy thought he was cool drinking champagne out of the bottle. we were way ahead of the curve. it was cheap and we thought we were cool. >> what did it do to you, make you want to be? >> it was no big deal.
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i mean, i had a blast when i was poor. but because i was always motivated. i was always competitive. so it wasn't like i said, well, i'm sleeping on the floor so that's my motivation. my motivation was always i want to be rich and retire. i want to have all my time. i realized back then that time was my most valuable asset. and i think my dad really drilled into me that you have to appreciate everything in life. so it wasn't about how much money i had, it was about how hard could i work and what could i accomplish. i think that's what motivated me to get out. >> your dad was obviously a pivotal figure in your life. when he gave you advice, did he give you advice or was it more the way he conducted himself? >> a little bit of both. he never gave me business advice. my dad did upholstery on cars. he'd go to mcdonald's and sew up rips in the upholstery there. lost an eye in an accident as he was putting staples into a car seat. he really never understood business. so it wasn't like i could ask him for business but he gave me
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great life advice. today is the youngest you're ever going to be so you have to live like it. i'd always complain i'm getting old and he'd laugh at me. just always told me that there were no limits. i could do anything i put my mind. to and he never tried to slow me down or stop me. >> going back to dallas, there you are. you're all leading this party life on meager resources. and you start to do a few things entrepreneurial. all your mates are doing crazy jobs, bartending or whatever. >> right. >> your first dabble into real business is what? >> starting a business or working? >> you went to work. you got this huge deal. i love this story. where you managed to do a deal. >> i'm working for this software company. and one of my jobs was to come in and sweep the floor and open up the store. so i'd closed this deal for $15,000 with 10% commission. i was making 1500 bucks. that was huge. >> huge for you. life changing. >> enormous, right? so i called my boss and i said, i'm not coming in. i've got barbara all set to
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cover opening up the store and sweeping the floor and all that. and he said no, i need you to come in. i said, i got to close this deal. my customer's expecting me. so i went and picked up the check thinking i hand this guy a $15,000 check he's going to love me for it. fires me. keep the check. >> why would he fire you? >> i have no idea. >> did he give any reason? >> i don't remember. i don't remember. he was a guy that was -- and i learned a lot from michael. i learned to do the opposite, right? because he was really into pomp and circumstance. i'm the president, you're not. this is how a president operates. this is what a president wears. he would tell me you should buy a suit here. this is where it looks good. buy clothes there. this is where it looks good. he was never selling and this was a company that needed sales. so i never really got into it with him. i took the check back, went back and started a company microsolutions out of my six guys in a three-bedroom apartment apartment and built that into an $80 million in sales. >> and then became the big deal, the massive one that made you a
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billionaire. in the buildup to that, tell me how you were feeling as a businessman. >> it started when we went public. and so we started basically the whole streaming industry. we didn't start the streaming software but we took it and turned night a business where we had a million people a day coming in and listening to audio and watching video. we started doing the pop up videos and the lead videos, the intro ads before videos. >> was there a kind of eureka moment for you personally where you thought okay this is how i can become a billionaire? >> oh, yeah. multiple. i can tell you a story. our office was at 2929 elm street. and we had 15 employees at audionet. i remember sitting and talking. we would have people come in from around the world to audionet our site then saying this is changing my life. i feel like i'm back home. people who were in korea, thailand, the aleutian islands would e-mail us or call us and say oh, my god this is amazing. i told everybody look if we do this right, this is going to be
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either worth billions or we screw it up. this is when we were just months old. so it was obvious that if we really pushed it, that streaming audio and video was going to be enormous. and we had a unique opportunity to take advantage. >> were you technically yourself very very savvy? or did you just have really smart guys around you? >> i remember sitting in the second bedroom of my house. i because an isdn line, a pack ard bell computer for $3,000, a router. and i taught myself all the html stuff i needed to do to put together the web site. which wasn't hard to do. >> you taught yourself this? >> yeah, but that's easy. that's not a big accomplishment. >> you make it sound easy. i couldn't do that. >> yeah, you could. that wasn't the hard part. the hard part was figure out how to get streaming to work with an ever growing number of users in an internet infrastructure that didn't support it. and so putting in the servers, connecting the servers, understanding the networking. which is what my microsolutions company did. we were one of the first local area networking companies in the world. so putting all those features together and then knowing that we had to go out and sell it and
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let people know what it was and evangelize it. pulling all those features together is what made it work. next thing you know we're getting 1 million daily users in a place where hardly anybody had broadband. it became obvious multimedia was the future of the internet, yahoo! aol and others started paying attention to us. we went public in july of 1998. we had the largest one-day pop in the history of the stock market at the time. i remember sitting in the back of a car in new york talking to my partner saying we might get to have a b next to our name how craze yet stock market is and where we're going with this business. he goes you're an idiot. that will never happen. i remember the second it happened. i was working at home in the morning and watching the stock because we were getting close. i was naked in front of my computer it crossed the line i was a billionaire. >> the moment you were naked in front of your computer and you become a billionaire. what do you do?
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i hope this is clean. this better be clean. >> again, because at that point in time market was so crazy, i didn't know if it would last. >> if i said okay, mark cuban, i can let you relive the best sex you've ever had in your life or that moment when you're maked in front of your computer watching yourself become a billionaire which one do you take? >> i'm taking the naked in front of the computer anytime. with that billion dollars i could buy all the great sex i could ever want at the time. >> let's take a short break. recover our composure, i think. and come back and talk more about this. i want to know what happened after you become a billionaire. you're starting to lead i guess the dream of many billionaires. honestly? i wanted a smartphone that shoots great video. so i got the new nokia lumia icon. it's got 1080p video, three times zoom, and a twenty-megapixel sensor. it's got the brightest display, so i can see what i'm shooting -- even outdoors, and 4 mics that capture incredible sound. plus, it has apps like vine -- and free cloud storage.
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i had been a rich man and i had been a poor man. and i choose rich every [ mute ] time. when i have to face my problems i show up in the back of a limo
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wearing a $2,000 suit and a $40,000 gold [ mute ] watch. >> leonardo dicaprio in "wolf of wall street" have you seen the movie? >> i loved it. >> do you think it's true to reality? >> i think there was some embellishment because i've talked to some of the characters involved. but i think at its heart it was very true. that once you get going, it's addictive. salespeople sell. and it wouldn't surprise me that 90% of it was how it went down. >> i interviewed jordan belfort recently. he said a very interesting thing about how his own morality became chipped away. i want to play you that. >> what seems amazing at first becomes commonplace after awhile. you don't lose your soul all at once. you lose it a little bit of time incrementally. when i lost my ethical way it did not start off -- it's sort of like these tiny imperceptible steps over the line.
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before you do it -- each time your line of morality moves a bit. next thing you know you're doing things you thought you'd never do and it seems perfectly okay. >> it strikes me every successful businessman in the world probably has moments when they can either cross a line, ethical moral line or they don't in jordan belfort's case he kept crossing every bigger lines until eventually he realized he had lost his soul along the line even though he didn't want to. i said to him later, do you ever wish you hadn't gone the illegitimate way. you probably could have been a billionaire the straight way. i think he knows that. what do you think about that process? how do people like you avoid the pitfalls of a jordan belfort. it's easy, right? >> when you're a kid someone says hey you want to deal a little pot you can makes extra money you say yes or no. when you have no money people are pitching you stuff. just say no. either you have confidence in yourself, you know you can do it the right way or you can't. so it's never been like a temptation for me. but i can see in sales we talk about incentives. and just managing people.
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and i always talk about if you give somebody a cadillac and say if you don't hit your goal you lose the cadillac it's a whole lot different than saying if you hit your goals you get a cadillac. people don't ever want to lose what they have. once they taste the good life they'll do almost anything -- >> i hadn't heard that before. is that something you've done with your own staff? >> i want to give them the incentives up front. they don't want to lose it. >> do you take away the cars? >> you have to. otherwise you have no credibility. >> how do you feel when you do that? >> it's like you had your chance. what are we going to do to fix it. i don't want to leave them hanging. >> it's a better motivating factor to have them lose something they're really enjoying than perhaps have an unattainable trophy? >> the process says one i have confidence in you you can reach these goals. two i'm going to put you in a position to succeed. three you agree that i've put you in a position to succeed so we're agreeing this is the reward. if you don't reach your goals i'm taking away the reward do we all agree on this yes or no. if the answer is yes let's do it. so there's no hidden agenda. they know it up front.
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>> jordan belfort at the end he sold me a pen, a scene from the movie with dicaprio. he sold me a pen. fascinating he didn't try and oversell me a pen if i didn't really want one. he said he had to identify a need in me. in other words, have you thought recently the last few months about having a pen. if you get a yes then he goes into full sales mode. is that a good sales tactic do you think? >> you always want to put yourself in the shoes of the person you're selling to. when i was selling computers, software, developing software, writing software myself, my skill set was i can walk into a shoe store and say i understand your business. here's what i can do to improve it. walk into a furniture store, doctor's office, any business in this moment and say, i can help you use technology to your advantage. because i understand your business. so yes, if you can put yourself in the shoes of the people you're selling to you're always going to know how to sell and be successful. >> did you carry a wallet? >> yes, i carry a wallet. >> i asked warren buffett.
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do you have it on you? >> yeah. >> what do you have in it? >> that's a good question. i've got some credit cards, a debit card, driver's license. cards from some folks. i've got my doctor, my iu alum card, insurance card. >> cash? >> i've got my gym card. probably about $700 now because i was just in vegas. >> not dissimilar to warren. all you billionaires -- in fact the wallet looked the same. is there a billionaire wallet club? >> actually there is. you get it after you learn the handshake [ laughter ] >> but you know what, i'm always upset because i've never been invited into the trilateral commission. i thought i made all this money. i qualify, right? >> when you're a billionaire, is there a little billionaire banter that goes on? >> it just depends if they're friends or not. i'll tell you, i've got a buddy. i play basketball with. he just sold his company and he crossed the billionaire mark. we just sat down and had a big old smile.
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i saw him two weeks ago. he's like, i think maybe i should buy a sports team. i'm like, whatever, right? but it's special, right? and i think anybody who's reached that little understands that luck plays a part of it. >> when people say that money, money won't make you happy. >> it's true. >> but isn't there an element to it that money alleviates a lot of life's stresses? >> it relieves a lot of stress. that's different than making you happy. >> you had no money. better having it, right? >> it's always better having it. >> it's not equivalent for getting happiness? >> if your were miserable when you were poor you'll be miserable when you're rich. you're going to have the same issues and stresses. i've come home with a date and the lights were turned off. i've had to run from work to the utility company to pay my bill, realize i don't have cash, realize i don't have enough money in the bank with a check that the check will cover and have to go back and borrow cash. i've been there. so money is a whole lot better than no money.
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but i was having a blast. i was more than willing. one of my goals was to retire by the time i was 35. i did it when i was 30. and lived like a stewed ept. i wasn't looking for oppulence. i was looking for freedom. i was looking for the value of time. >> what is the best thing about being a billionaire? >> more in control of your time. >> nobody answerable or accountable to. >> i don't wear a watch. there has to be a damn good reason for me to wear a suit. >> this wasn't good enough? >> this wasn't good enough. >> i'm in tennis shoes all the time. i have control of my life. and swag is being able to tell other people what they need to do and not having to worry about them telling you what to do. >> let's take a break. one of the things you did as a billionaire you bought a basketball team. the dallas mavericks. let's talk about sports when we get back. >> sure. >> sport business is winning the same in both? i suspect it probably is. [ sneezes, coughs ]
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if anyone knows about winning in business and sports, it's mavericks owner mark cuban who's back with me now exclusively. let's talk sports. why the dallas mavericks? obviously you'd gone to dallas as a 22-year-old. you obviously loved the place, i guess.
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>> right. >> why basketball, why that team? >> i've been a basketball junky as long as i can remember, 5 years old. the very first season tickets i ever owned for any team ever were the dallas mavericks. i was a season ticket holder before i bought the team and they were horrible. one day i was watching the game with my then girlfriend, now wife. i'm like -- it was the opening day. undefeated. i'm really excited and the place isn't full. there's no energy in the building. i thought i can do better than this. then ding ding ding now i can put my money where my mouth is. found the owner made him an offer he couldn't refuse. within two months i owned the team. >> you sound like don corleone. how does mark cuban make him an offer he wouldn't refuse? >> i said would you sell the team he said yeah i said how much and i wrote him a check. >> right away. >> pretty much. >> you said here you are. >> i said let's do it. we had to do the paperwork. >> you said this is it? >> it was the highest price paid for a sports team.
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at that point in time the stock market was still crazy. this was january of 2000. so like the day before, my yahoo! stock went up enough to pay for the whole team. so it was crazy. so it felt a little bit like funny money. it was like why not? >> has it been everything you hoped it would be, owning the mavericks? >> it's a lot different than what i thought it would be. because i don't really own the time. financially i own the team but all of north texas owns the dallas mavericks. being in business, you have a great quarter if you're big company no one throws a parade. you get an article in the "wall street journal" great job. when you win a championship the whole city's on fire. when you're losing everybody hates you. but in business i've never got an e-mail from somebody saying my son has cancer or my daughter's sick and she really looks up to the mavericks. would you meet them, spend time with them. even worse my son just died. you met him and took a picture with him. we're going to bury him in his dirk jersey.
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would you send a note we can put in a coffin. so different than anything you find in traditional business. so you really have to learn very quickly you're a steward much more than a business owner like you are in traditional business. >> lots of issues bubbling around big professional sport in america right now. probably the leading one is this issue of gay players both in basketball, in football, and it will happen to every sport obviously. you know jason collins, on vicely -- obviously a big ground-break moment there. we've also got this young college player who's come out before he's even made the draft pick yet. what is your view generally about this issue and sport in america, given that so many people in the sports themselves feel so uncomfortable about it? >> it's a nonevent now. it literally is a nonevent. even since jason came out, how many states allow gay marriage. it's become so accepted that it's a nonevent. i think just in the span of 6,
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12 months it's changed dramatically. >> even in arizona this week we've seen efforts by lawmakers to kind of make it illegal again to just be gay. say you have the right to refuse to serve people. >> that's the craziness of politics. that's not the real feeling of the population. i mean, you don't just -- just how we deal with people anymore has just changed. people don't -- unless you're running for offeice and really need a strong republican constituency vote foing for you real people aren't that way. so i think we've come to the point where in the real world in real life we don't care. that's a beautiful thing to say. you never run into people. it's not an issue. no one says to me -- no one's contacted me and say if you get a gay player -- >> is it generational? >> absolutely. >> a sense anybody over 40 probably has a slight hangup historically about it? >> i think it's older than that.
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50. >> my generation. you're probably right. 50, right? anyone under 40 -- >> doesn't care. there used to be things where -- so when after september 11th, whenever a player of any sport said something that was politically related, i would get a flood of e-mails. i'm never coming to an mavs game if you do a, b or c. i've never got an e-mail saying if you get a gay player. jason collins played for 12 years. he was showering with everybody. nobody died. no one got checked out in the shower and had problems. and so he actually was the perfect guy to change everything. >> what about guns in sports? the knicks guard raymond felton was arrested on gun charges. there have been a lot of these stories in the last couple of years. obviously i've had a whole position about gun control. probably because i'm not american and therefore don't quite see the culture in the same way. but what about that? what about the fact of sportsmen believing they need a gun? >> i think that's anecdotal. i think raymond, it's
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unfortunate what happened. i don't really know the guy. but he was stupid, right? at the mavs we make a point to ask all of our guys do you own a gun? is it registered? what states is it registered? not allowed to travel with it no matter what. we prefer you don't carry it in your car no matter what. >> you've implemented your own version of gun control? >> i don't want to make it seem like gun control. >> gun safety? >> gun awareness. >> gun safety rules. >> we want to make sure whatever the rules are for the state we're in we're following the rules and you're notwhatsoever. is it possible one of my guys might do something and i'm not aware? sure. when you're dealing with 18 to 35-year-olds it is what it is. but as far as i'm concerned, as long as it's registered, playing by the rules, don't travel with it, okay. but taking it in your car and thinking you're at risk, if you're going someplace where you feel you need a gun don't go there. that's what i tell my guys. >> if you took that attitude generally to america, if everyone had that view, be a much safer place. >> i think so. >> and yet these are quite
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sensible proposals. is part of the problem calling it gun control? do a lot of americans hate that word control? >> yeah. because i think a lot of americans feel threatened that their rights are being taken away. and gun control the second amendment has become something that we feel intrinsically you have to fight for. and i don't think guns are really the issue. i think it's more an issue of where are we threatened by government and where do we feel at risk from government. and if you're going to fight back, what better amendment to rally behind than the second amendment. i don't even think it's about guns. i think it's more about staund standing up and saying you're going to have to pry it from my cold dead hands because i'm protecting the constitution. do we need to do it to that extreme? i don't think so. but do i understand and respect it, yes. >> let's take another break. let's come back and talk about "shark tank." it's a huge hit. you're a huge hit on it. you're terrifying in many ways on that show. >> no, not me. >> not sure i want to be pitching to you. we'll discuss it afterwards. your eyes depend on a unique set of nutrients.
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>> hallelujah. >> instead of keep on selling. you kept on trying to sell. >> mark cuban on abc's "shark tank" zeroing in on some prey. it's been called a surprise hit. i'll bet you weren't surprised. >> i was shocked. >> you're a very confident guy. everything you touch basically turns to gold. >> no, i was shocked. mark burnett asked me to come on as a guest shark. i thought it's a business show. how long do business shows last. it kept on getting bigger and bigger. i went from a guest shark to permanent shark. now i'm in my third season i guess. it's amazed me how well it's done. now it's become part of the zeitgeist of the country. everywhere i go people don't want to talk basketball they want to talk "shark tank." >> when i used to judge "america's got talent" i can remember having to sit through so much crap for want of a better phrase just waiting for the nuggets of amazing talent. you must have i guess the same experience where so much of the stuff you're being pitched is useless and the people pitching it are useless. >> no that's where i disagree. you can't ever think that the
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people are useless. the beauty of the show -- >> as a business person? can they not be useless? >> no. because when you put your life on the line, if you have the balls to say, you know what, i'm going to start this company. every single person in this world has that one idea that they think is going to be brilliant, and then they get all excited and then do nothing. the fact that they were able to stand up and do something with the idea, so they get credit. >> so i don't really agree with you. again doing "america's got talent" i can remember thinking i don't really admire you for standing there telling me aunty nelly said you could sing because you can't. my job is to stop this dream dead in its tracks. i'm helping them by saying you can't sing. >> i don't disagree there. that's just singing. >> you must have some people where you think, you're no good. get out of business. go be something else. >> my mind is completely different. because it's not just like hey i'm singing. >> probably why you're a billionaire and i'm not. >> you have to do so much just to start that business. you're not getting on the show
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unless it's a real business. unless at least it has a chance. now will i crush people? yes. but not people who are putting a good honest effort out there. if they b.s. me, if they're arrogant, if they're into something that i think is abusive or taking advantage, then i will nail the hell out of them. i have no problem doing that. >> what is the kind of idea that you really love? >> something that's differentiated, something unique, something that can grow i think into something that's big. those are my favorites. >> what kind of thing over the years have you thought, yeah, that's what this show is about? >> surf set fitness is a perfect example. this company comes in and one is a former hockey player, and the other his girlfriend. he wanted a way to work out and also learn how to surf out of new hampshire. where are you going to learn to surf in new hampshire in the winter. he took a modified surfboard, put it on this instability devices and made this device that allowed you to learn how to surf indoors and started going around and teaching classes. and it's just exploded since they were on the show.
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and so it's something that can be anywhere. kind of like zumba or whatever the fitness cycling is has exploded. these guys have the chance to explode. they're growing and growing. people open up salons for surf set fitness in it. those are the types of ideas completely out of left field. they busted their ass and now they're making something out of it. >> talk out of left field, you're dancing. >> that's far out of left field. that's where they should have shut me down. >> you know why i liked watching you on that show? it made me feel better about my own dancing. >> hey i just had my -- >> you weren't bad. >> i had my hip replaced months before that. >> jerry springer was worse than you. >> there are a lot worse than me. right there doing the waltz whatever it was, i just had my hip replaced. i'm like please stay in one piece. then i do this jump at the end and i land it and i didn't fall apart and i was fired up. so it was a moral victory. >> do you have even now, mark, do you get those moments when you wake up in the morning or
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late at night and an incredible idea comes to you? >> yeah. i hate it now. i hate it. because i have so much going on -- >> you don't have time to act on it. >> i don't have the piss and vinegar. it takes a special motivation to say i don't give a damn, i'm going for it. and you can't see barriers. people say you're such a risk taker. i never take risks. i do the preparation, the work. when you're prepared you can bust through any wall. i get the ideas and think i should go for this. then i think, i got soccer in the morning. i got all this other stuff. >> and you're a father. >> yeah. >> let's take a break and talk about fatherhood. i wonder what kind of dad you are. i suspect you're a smiling assassin. i fully support you as long as you come first. >> exactly. what you wear to bed is your business.
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dominique wilkins, are taking charge of their type 2 diabetes with non-insulin victoza. for a while, i took a pill to lower my blood sugar, but it didn't get me to my goal. so i asked my doctor about victoza. he said victoza works differently than pills, and comes in a pen. and the needle is thin. victoza is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes when used with diet and exercise. it is not recommended as the first medication to treat diabetes and should not be used in people with type 1 diabetes or diabetic ketoacidosis. victoza has not been studied with mealtime insulin. victoza is not insulin. do not take victoza if you have a personal or family history of medullary thyroid cancer, multiple endocrine neoplasia syndrome type 2, or if you are allergic
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to victoza or any of its ingredients. symptoms of a serious allergic reaction may include swelling of face, lips, tongue or throat, fainting or dizziness, very rapid heartbeat, problems breathing or swallowing, severe rash or itching. tell your doctor if you get a lump or swelling in your neck. serious side effects may happen in people who take victoza including inflammation of the pancreas (pancreatitis) which may be fatal. stop taking victoza and call your doctor right away if you have signs of pancreatitis, such as severe pain that will not go away in your abdomen or from your abdomen to your back, with or without vomiting. tell your doctor about all the medicines you take and if you have any medical conditions. taking victoza with a sulfonylurea or insulin may cause low blood sugar. the most common side effects are nausea, diarrhea, and headache. some side effects can lead to dehydration, which may cause kidney problems. if your pill isn't giving you the control you need, ask your doctor about non-insulin victoza. it's covered by most health plans.
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it's a rite of passage in a cuban family. taking jake to his very first
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baseball game. right, jake? that's good. stick out your tongue. how old are you, jarks? jakers? >> four. >> when did you turn four? yesterday. >> dallas mavericks owner mark cuban is with me. you have young jake you just called the jakinator. no pressure, jake. i would imagine you're the kind of dad that wants to beat him at checkers, right? you don't let people win easily, even your kids. >> i do want to beat him. uno i'll kick his ass. >> your dad like that with you? >> not so much. my dad worked so much we really didn't get many of those opportunities. but yeah, with my kids when we compete on something, like i have my daughter playing basketball, i won't coach them, right? but i'll definitely encourage them. it's fun. it's fun. i just try to have fun with them. >> there'll be a moment -- my three sons are older, 20, 16 and
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13 -- the two older ones as long as as you've tried to beat them in everything from a very early age, when they finally beat you -- >> they're going to rub it in. >> -- it means so much more. table tennis, tennis, now they beat me at everything. but the moment they knew they could take down their father? knowing i was trying my best? they love that. >> you get to understand the competitive nature of your kids, too. which are more competitive, how far you can push them and not push them. i don't want to be the overbearing dad. i want to be supportive, want them to love what they do. i always tell them when you get really good at something you like it a whole lot more. but i don't want to be the overpushing do so much. i want them to pick what they like. if they want to compete i'll compete. >> what do your parents make of your astonishing success? given it's completely self-made? >> they cry. i just let them do whatever they want, go wherever they want. i think they're still stunned. i remember when i was in high
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school, my mom worked for a real estate company. and she got bob freedman, the guy she worked for, to teach me a trade to protect me, right? so i literally had to go and install carpet at this one commercial setting. she wanted me to have a trade just in case something quite didn't go right with my career. i was the world's worst carpet installer. but somebody that's tripping over carpet in this little apartment complex to this day. but yeah, they're stunned. >> and just being able to spend money on them and give them all the stuff they could ever have dreamed of, is that one of the great pleasures of your life and your achievement? >> absolutely. on one hand with my parents, it's wonderful. and on the other hand it's the scariest thing ever with my kids. because i don't want them to feel entitled. i want them to have to earn things. i'm not the dad that comes home with 30 presents to try to earn their love. i never buy them presents ever. when it's time the holidays and birthdays i order some things last minute at amazon that comes
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already packaged and everything. picked with love of course. but i don't want them to ever think that this is just theirs and an entitlement. >> my sons have to give me a business plan. . really? >> yeah, if they want a jacket for a party or something they have to give me a business plan as to why i should agree to this. >> my daughter wants a dog. i gave her a list of things she had to accomplish. she got through it i was surprised. i said now i need a plan. she said i can deal with the responsibility. i said put together a powerpoint that shows that you can handle -- >> i think it's good for them, too. makes them think about money in a way that doesn't involve entitlement. >> my daughter came home not long ago and she said dad i'm mad. one of my friends came up with a business idea before i did. you got to help me come up with a business idea now. she was all excited like any 10-year-old she was distracted. gets back on it. but it's always exciting to me when my kids just come up with new ideas. like any parent, i just want them to find their own way.
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>> it struck me probably most people in washington when they heard whatsapp had been sold for $19 billion probably went what is that and s >> oh, yeah. >> you're familiar with that medium. >> if you're going to keep up with what's happening in the world todd, in you're going to try to be a leader and try to have any impact on society, business, politics, whatever it may be, in you're not keeping up what's going on, you're lost. the world isn't going to be run by people who control metal anymore. it's not about bullets. it's about bytes. it's the people who understand bits and boths abytes and progr. i'm not worried about the next pearl harbor, i'm worried about the cyber attacks, things you don't see coming until it's too late. that's changing dramatically. so if you don't know what an app
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is -- >> all my kids love this snap chat. >> it's becoming a social network. i had all my problems with the s.e.c. so i'm gearing people towards a zero foot print life. i had an app, that's how i communicate with brockers and bankers, i want it to disappear in 30 seconds. that's why everybody's modes of communication is going to change. >> let's talk gadgets and the future. what phones do you use? >> i've got two of them. i have my samsung note 3. i type, i get a thousand e-mails a day, so it lets me respond. then i've got my iphone, which i like because there's just certain apps only on here, like
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cyber dust. you've got to keep up with everything. >> are you a mac guy or a pc? >> all of the above. i've got a mac, pc, there's always some 12-year-old trying to kick my ass and i've got to stay ahead. >> i had a 15-year-old kid on this show kicking my ass. he was a smart guy. >> i don't want to have a blank stare when they start talking about twitch. so you have to be prepared. >> what do you think the next big things are going to be? >> sensors and personalized medicine. right now we put everything into google and expect a response. those days are disappearing. i've got a company that counts people in real time, and will be
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able to give you information that you don't even know you need but will need rather you having to think what do i need and typing the it into google. long-term it's personalized med sin. our bodies are just math equations. as processing gets faster and faster, we can decode our dna, decode down to rna protein levels. and the concept that my 4-year-old when he has kids, his kid also go to the drugstore and take an allergy medication that has a warning that says you might be the one that dies from this will seem barbaric. they will go to the doctor, take a blood sample and say oh, we can tell that you're suffering from allergies. out of the 3-d printer comes this pill or whatever it is or a patch to put on you that takes care of your allergies. >> i wish i had your brain, mark cuban. >> whatever. >> it's been great to talk to
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you. your book and "shark tank" airs on abc on fridays. mark cuban, remarkable man. ♪ ♪ ♪ told ya you could do it. (dad vo) i want her to be safe. so, i taught her what i could and got her a subaru. (girl) piece of cake. ♪ (announcer) love. it's what makes a subaru, a subaru.
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phone: your account is already paid in full. oh, well in that case, back to vacation mode. ♪boots and pants and boots and pants♪ ♪and boots and pants and boots and pants♪ ♪and boots and pants... voice-enabled bill pay. just a tap away on the geico app. ♪ huh, 15 minutes could save you 15% or more on car insurance. yup, everybody knows that. well, did you know that some owls aren't that wise. don't forget about i'm having brunch with meagan tomorrow. who? seriously, you met her like three times. who? geico.
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what happen it is you've been homeless for five years and then you finally get a house but nothing in it to make it a home? if you're lucky enough to meet this week's championship hero, your life could be transformed in a day. >> i'm real emotional right now. i'm excited. i'm so glad things are starting to turn around. for like five years, me and my kids had nowhere to go. we had to go from place to place. we slept in abandoned cars. we moved in here with nothing. when i see my children on the floor, or on the bed, it hurts me. hi. >> there's no stability and there's no dignity when you have
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apartments that have nothing in them. so how this works, anything that you want here, you put your sticker on and that's what you guy also take home. >> okay. >> once we get the homes furnished, they have a chance to take a breath and start to create a different life. you pick up the furniture and other home goods from people that have more than they need and we distribute them free of charge to people who have nothing. >> we can finally sit down and just eat. >> got something to sit on, something to lay on. >> now we're coming back on track. now my kids can pursue their dreams. >> this is a good start. >> yes, it is. >> i help people to find a hope that was missing from their lives. >> love you. good night. >> and the opportunity they did not know was before them. >> every week we'll be honoring a new cnn hero, doing extraordinary things to help others.
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if you know someone like mark, go to cnnheroes.com now and tell us all about them. that's all from us tonight. i'll see you sunday live on hollywood's biggest night. monday night i'll be back here. cnn "spotlight" matthew mcconaughey starts right now. ♪ >> the texas-sized talent with charm to burn. >> loves life, loves women, good man, good family. >> matthew mcconaughey. his journey from promising newcomer -- >> all right, all right, all right. >> i'm young and i'm inexperienced. >> a career that veered off track. he took himself out of the game. >> i nee

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