The beauty of success, whether it’s finding the girl of your dreams, the right job or financial success, is that it doesn’t matter how many times you have failed, you only have to be right once.

The only thing any entrepreneur, salesperson or anyone in any position can control is their effort.

But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose.

I'm a big believer that you always reiterate, you always learn, you always realize your business is evolving.

I was a beast in college. I worked hard and I played hard. I was relentless learning about business. I actually snuck into MBA classes my freshman and sophomore years. I wanted to challenge myself to see how I compared to the smartest kids at Indiana University so I was 18 and pretended I was an MBA student.

Do the things that make perfect sense to you, [and] don't be afraid to shout it from the mountain tops just because it's outside the box or against the grain in your industry. More often than not, you're probably going to be right.

You always have to know what business you are in. Everybody thought we were in the basketball business. It's an NBA-team; we are not in the basketball business. We are in the business of creating experiences and memories.