Mark Cuban never holds back, especially regarding his blunt advice on entrepreneurship. In a video from almost a decade ago, Cuban dropped some golden wisdom that still resonates today: “If you’re starting a business and you take out a loan, you’re a moron.” That’s classic Cuban – cutting straight through the noise. He explains why borrowing money to launch a business is risky, especially with the uncertainties of a startup. “There are so many uncertainties involved with starting a business, yet the one certainty you’ll have is paying back your loan,” Cuban says. His message to aspiring entrepreneurs? Focus on what you can control: your effort and knowledge. “99% of small businesses can start with next to no capital. It’s more about effort … businesses don’t fail for lack of capital, they fail for lack of brains, they fail for lack of effort,” Cuban remarks. He insists that hard work and understanding your industry inside and out are the real keys to success. Cuban warns that competiti...