Regardless of all of the developments in expertise, billionaire investor Mark Cuban, 66, spends most of his day studying and responding to emails.
In a Wednesday interview with Enterprise Insider, Cuban mentioned that he receives “700 to 1,000 emails” a day by way of his Gmail account, and he makes use of three telephones, two Android and one iPhone, “to handle the whole lot.”
Associated: Mark Cuban Says 60 Is the New 40. He Follows 3 Habits to Keep Youthful.
“I spend most of my day making an attempt to get my unreads beneath 20,” Cuban advised BI.
He praised electronic mail for being “asynchronous,” which means that he can reply at any time from wherever he’s on the earth, and ubiquitous as a result of “everybody” has an electronic mail deal with. Responding to a message can be “quick,” particularly with Google’s auto-reply solutions, Cuban mentioned.
Cuban says he retains his inbox organized with folders and has “by no means” thought of hiring somebody to assist handle his emails. He’s solely away from his inbox for a full day or longer for “extraordinary conditions, like a particular occasion for a member of the family,” he advised BI.
Cuban says he makes use of his unread emails as reminders of what he must get completed that day. He solely makes use of AI to jot down the autoreply messages, preferring as a substitute to personalize longer emails and famous that he would slightly course of emails than sit by way of “lengthy, boring conferences,” or ship a Slack message or textual content as a result of he can rapidly search by way of emails years later.
“I’ve emails going again to the 90s,” Cuban advised BI.
Mark Cuban. Picture by Julia Beverly/WireImage
Nonetheless, utilizing Gmail might pose a cybersecurity threat. Cuban’s Google account was hacked in June 2024 after he acquired a name from a faux Google worker. The dangerous actor mentioned that Cuban’s Gmail had an intruder and faked Google’s restoration strategies to obtain the credentials for the account. The hacker acquired entry to Cuban’s electronic mail and locked him out.
The hacking hasn’t stopped Cuban’s love of electronic mail, nonetheless.
Cuban rose to fame as an investor on ABC’s “Shark Tank” for the final 15 seasons, showing in his remaining episode in Might. He advised CNBC that very same month that he invested about $33 million in companies throughout his time on the present and acquired $35 million in money returns. He holds fairness in these companies that are actually price not less than $250 million, he disclosed.
Associated: Mark Cuban Compares AI Taking Jobs to When There Have been ‘Tens of millions of Secretaries’
Cuban’s first entrepreneurial enterprise was MicroSolutions, a software program reseller that offered PCs, software program, and coaching to companies. He grew the corporate to just about $36 million in annual gross sales and 80 workers earlier than promoting it to CompuServe, a subsidiary of H&R Block, for $6 million in 1990.
Cuban then based AudioNet, the primary video streaming firm on the earth. The startup, which turned Broadcast.com, was offered to Yahoo for $5.7 billion in 1999, making Cuban a billionaire.
In 2022, Cuban co-founded Price Plus Drug Firm, an on-line low cost pharmacy that delivers greater than 2,300 prescription medicines.
Cuban is now price $8.6 billion, in line with the Bloomberg Billionaires Index.
Be a part of high CEOs, founders, and operators on the Stage Up convention to unlock methods for scaling your online business, boosting income, and constructing sustainable success.