Good morning,
For many years, Mark Cuban was a “go, go, go, go, go” kind of person.
If the Dallas Mavericks owner, Shark Tank star, and serial entrepreneur rubbed people the wrong way, that was their problem--not his. “If I wasn't the most compassionate or empathetic person, that was OK, because I was on a mission," Cuban said on Friday at the Inc. 5000 Vision Conference, before explaining that he's changed. And, he added, times have changed.
"We are in a different era now, and if an organization doesn't treat its employees with empathy, and doesn't recognize the differences and nuances in people's backgrounds, then those people are going to want to get out of there as quickly as possible," Cuban said, noting that the same goes for stakeholders and customers.
It was one moment in a thoughtful conversation in which Cuban made the business case for tackling issues such as income inequality and racism. He offered several useful ways to think about applying what he calls "compassionate capitalism."
Read our story to learn Cuban’s three most important strategies for business owners today, and how he thinks you can best implement them. |
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