Published On: Thu, Dec 22nd, 2016

Mark Cuban Explains How He Would Start Over If He Lost Everything

"Could I become a multi-millionaire again? I have no doubt."

mark-cuban

If the mercurial billionaire Mark Cuban were to lose everything overnight he says that he could do it all over again. Cuban has also called on Donald Trump to spend $100 billion in jump-starting the national robotics industry.

On the NPR podcast “How I Built This” Mark Cuban said that the first thing he would do should he lose everything is go out and get two jobs. “I would get a job as a bartender at night and a sales job during the day, and I would start working, ” he said. “Knowing what my sales skills are and the products that I am able to sell, I think I could find a job selling a product that had enough commissions or rewards for me.”

And Cuban added for measure, “Could I become a multi-millionaire again? I have no doubt.”

But even he acknowledges that getting to the billionaire level takes a great deal of luck and Cuban does not think that he can do it again.

Mark Cuban also had some words of advice on how to help America’s economy for his nemesis Donald Trump. Cuban and Trump traded a few punches through the media during the Presidential campaign.

The owner of the Dallas Mavericks said that Trump should invest $100 billion in robotics, noting that no major robotics firms are based in America today. Writing in his blog, Mark Cuban said, “We have to face the fact that countries are going to lose jobs to robotics. The only question that needs to be answered is which country will create and own the best robotic technology and have the infrastructure necessary to enable it.”

He said that China and the EU spend billions a year on developing their robotics industry and explained that technologies only move forward, never stay the same. If America does not act it will become dependent on other countries for “almost everything that can and will be manufactured in a quickly approaching future.”

Mr. Cuban stated that he is a big fan of government spending taxpayers’ money on new infrastructure projects. Unfortunately Mr. Trump has already made it clear that he is not and so have the Republicans who currently control the American Congress. The American public can look forward to spending cuts and tax cuts on the wealthy for at least the next two years and not any big spending projects.

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