Mark Cuban recalls the moment he told his dad he made $100,000 for the first time. (via CNBCMakeIt)
"Nobody had high hopes for me," Cuban saidWhen the entrepreneur made six-figures for the first time, it was a big deal. "I remember telling my dad I made $100,000 in a year, and he cried," Cuban said onthis week. "He did upholstery on cars, and I don't think he ever made more than $40,000 in a year."
Cuban would go on to make much more: MicroSolutions, the first company he started, grew to over $30 million in revenue and wasA few years later, he co-founded a company called Audionet, which became Broadcast.com. In 1999, itEven after Cuban started out-earning his dad, which was "weird," he admitted, he wasn't allowed to pick up the check at restaurants. "He was dad — and so if we went out to dinner, he was pulling out the credit card no matter what," Cuban told Patrick.
"He went on cruises everywhere — he was Mr. Cruise — and there would always be 20 stories. I'd hear from people or get emails from random people who made friends with my dad." Cuban's dad, who died last year at 92, continued working at his auto upholstery shop through his 70s. It wasn't until Cuban bought the Dallas Mavericks in 2000 that he was finally able to convince his dad to stop working.
"I couldn't get him to retire," Cuban recalled. Buying the NBA team, though, "was the impetus for him to retire and come down to Dallas and live and hang out and go to Mavs games. It was really special."
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