Get All Access for $5/mo

How Mark Cuban 'Gets Shit Done' and Stays Productive The billionaire entrepreneur and Shark Tank star minimizes these two things to tackle more tasks in less time.

By Kim Lachance Shandrow

Opinions expressed by Entrepreneur contributors are their own.

ABC | Bob D’Amico

Mark Cuban invests in "100-plus companies." He owns a pro basketball team. He's married with three young children. There's also this TV show he's on that you may have heard of.

The 57-year-old celebrity tech mogul didn't make it to the top slowly trudging forward. He started young (at 12, in fact) and quickly worked his way up, from employee to entrepreneur to millionaire to billionaire. As he told us on the set of Shark Tank last week, he "gets shit done." And a lot of it, though obviously not entirely on his own. He has employees, advisors, assistants and a nanny, too.

Related: Mark Cuban's 12 Rules for Startups

Even with hired help, Cuban still controls his daily schedule, right down to what he calls the number-one key to his productivity: minimizing phone calls and meetings whenever possible.

"I don't like to do a lot of meetings and phone calls because of the productivity hit," he tells Entrepreneur. "Only if you're writing me a check, I'll do a meeting. If there's a problem and we need to solve it, I'll do a call. Other than that, I keep communication limited to email. It's more efficient."

Related: Shark Tank Star Mark Cuban: 'Money Can't Buy Happiness'

To stay on-task and to maximize his efforts, expertise and time, he focuses on the fires he has to put out first. "With my investments, I want the bad news first by email, and if it's bad, I'll jump on that," he says. "For the good, well, that's what I expect. That's why I invest in you. I don't spend time on good news because there's nothing to fix."

To see Cuban in action, check out Shark Tank's Season Eight premiere on your local ABC station. It airs on Sept. 23 at 9 p.m. ET.

Kim Lachance Shandrow

Former West Coast Editor

Kim Lachance Shandrow is the former West Coast editor at Entrepreneur.com. Previously, she was a commerce columnist at Los Angeles CityBeat, a news producer at MSNBC and KNBC in Los Angeles and a frequent contributor to the Los Angeles Times. She has also written for Government Technology magazine, LA Yoga magazine, the Lowell Sun newspaper, HealthCentral.com, PsychCentral.com and the former U.S. Surgeon General, Dr. C. Everett Coop. Follow her on Twitter at @Lashandrow. You can also follow her on Facebook here

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Mark Cuban's Google Account Was Hacked By 'Sophisticated' Bad Actors

The "Shark Tank" star said someone "called and said I had an intruder and spoofed [Google's] recovery methods."

Starting a Business

5 Steps to Move Beyond Small Talk and Start the Business You've Always Dreamed of

Make your business idea a reality by following these five no-nonsense steps.

Business News

Target Teams Up With Shopify To Give Online Small Businesses Brick-and-Mortar Shelf Space

Target has an online Amazon competitor marketplace, and it's taking applications from small businesses now.

Science & Technology

How Generative AI Is Revolutionizing the Travel Industry

GenAI won't displace travel agents; instead, it will enhance their efficiency, enabling them to focus on crafting tailored experiences that resonate with travelers on a deeper level.

Business Solutions

Set Your PC-Using Employees Up with Windows 11 Pro for $25

This updated operating system features top-of-the-line security, AI support, and more.

Culture

Inflation's Next Victim Is Your Freedom — Here's Why

We get it… Most people are tired of hearing the same old story about how the American Dream is dead; however, there's a different, more bleak aspect to that reality that far too few people have yet to realize.