I love the competitive aspect of it [business]. It's like playing chess. Why do people play chess? Knowing the realm of moves? Even when you get to be a chess master, there are other chess masters you want to beat or outperform. And to me business is just a sport that I love to compete in; a continuous intellectual challenge that really motivates me.

One of the biggest mistakes entrepreneurs make is that we lie to ourselves. We don't step back and look at ourselves like a competitor would.

It takes time, it's a grind. There are no shortcuts. You've got to grind and grind.

Sweat equity is the best startup capital.

The NBA is never just a business. It's always business. It's always personal. All good businesses are personal. The best businesses are very personal.

My businesses are usually built around challenging conventional wisdom, so I tend to gain by taking the other side. It's been very profitable and entertaining for me

If there was a template for success in sports, everyone would follow it. You do the best you can and trust the people you trust.