If I can do it, you can do it.

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.

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.

What does it take to be a successful entrepreneur? It takes willingness to learn, to be able to focus, to absorb information, and to always realize that business is a 24/7 job where someone is always out there to kick your ass.

In business, one of the challenges is making sure that your product is the easiest to experience and complete a sale.

Having the ability to be brutally honest with yourself is the greatest challenge you face when creating a business model. Too often we oversell ourselves on the quality of the idea, service, or product. We don't provide an honest assessment of how we fit in the market, why customers will buy from us, and at what price.

When I got to the Mavericks people were all giving me advice - change this, change that - and one thing that I didn't do was fire anybody.