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The Most Patriotic Thing You Can Do (Mark Cuban)

Juice

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Probably WrongBoardDeac, but I thought this Mark Cuban note was good so I will post it on the pit:.

As seen here: http://www.facebook.com/notes/mark-cuban/the-most-patriotic-thing-you-can-do/10150315228604590
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Bust your ass and get rich.


Make a boatload of money. Pay your taxes. Lots of taxes. Hire people. Train people. Pay people. Spend money on rent, equipment, services. Pay more taxes.


When you make a shitload of money. Do something positive with it. If you are smart enough to make it, you will be smart enough to know where to put it to work.


I don’t care what anyone says. Being rich is a good thing. Not just in the obvious sense of benefiting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make the more of a financial impact you can have.


I’m not against government involvement in times of need. I am for recognizing that big public companies will continue to cut jobs in an effort to prop up stock prices, which in turn stimulates the need for more government involvement. Every cut job by the big companies extracts a cost on the American people in one way or another.


Entrepreneurs are needed to create and grow companies to absorb those people in new jobs. If entrepreneurs don’t create those jobs, the government ends up having to spend more money to help them one way or another.


So be Patriotic. Go out there and get rich. Get so obnoxiously rich that when that tax bill comes , your first thought will be to choke on how big a check you have to write. Your 2nd thought will be “what a great problem to have”, and your 3rd should be a recognition that in paying your taxes you are helping to support millions of Americans that are not as fortunate as you.


In these times of “The Great Recession” we shouldn’t be trying to shift the benefits of wealth behind some curtain. We should be celebrating and encouraging people to make as much money as they can. Profits equal tax money. While some people might find it distasteful to pay taxes. I don’t. I find it Patriotic.


I’m not saying that the government’s use of tax money is the most efficient use of our hard-earned capital. It obviously is not. In a perfect world, there would be a better option. We don’t live in a perfect world. We don’t live in a perfect time. We live in a time where the government plays a big role in an effort to help lead us out this Great Recession. That’s reality.


So I will repeat my point. Get out there and make a boatload of money. Enjoy the shit out your money. Pay your taxes.


It’s the most Patriotic thing you can do.
 
I wouldn't say that someone who sold a business for an absurd valuation at the height of the bubble necessarily embodies the qualities he writes about. That said, I agree with most of what he says.
 
i'd vote for him. he has lots of provocative and out of the box ideas. and he's usually right.
 
Yeah he was opportunistic as hell and made a fortune. I respect that. I'm sure he worked hard to build that business too. However, he's not in the same universe as entrepreneurs who legitimately "bust their ass" for decades to achieve a comfortable level of wealth. The IPO for Broadcast.com saw its share price increase 250% in a single day.
 
Yeah he was opportunistic as hell and made a fortune. I respect that. I'm sure he worked hard to build that business too. However, he's not in the same universe as entrepreneurs who legitimately "bust their ass" for decades to achieve a comfortable level of wealth. The IPO for Broadcast.com saw its share price increase 250% in a single day.

Cuban busts his ass. Fact.
 
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