When an iconic billionaire notes the key difference between business leaders and politicians, it’s a good idea for one side of that duo to wise up and listen up.
So it goes with Mark Cuban, owner of the NBA’s Dallas Mavericks and Shark Tank regular whose net worth is listed at $5.1 billion.
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In an August 28 X post, Cuban noted one key variable between business professionals and politicians is the former knows how to inspire by giving credit while the latter reduces staff favor by grabbing credit from work his or her team has done.
“Politicians could learn from business,” Cuban said. “In business raising money is not an accomplishment, it's an obligation to execute a business plan. In politics, passing legislation is not an accomplishment. It's an obligation to execute on a plan to help our country.”
A “smart” CEO gives credit to employees who got the work done, Cuban noted.
“I'm waiting for a politician who doesn't take credit for simply passing legislation but actually cares about the results and gives credit to the people who do the actual work,” he said. “Maybe, someday, when politicians realize that results and attribution are important, not only will legislation lead to more positive impact, but will also lead to greater trust in government.”
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Cuban has tried to stay politically neutral over the years amidst calls from some observers to run for President, although he did back Joe Biden for his successful White House run.
That doesn’t mean he’s thrilled with any political party.
Calling both Biden and rival Donald Trump “technologically illiterate”, Cuban said both political parties “scare me" in a 2020 CNNC interview.
In a separate 2020 statement, Cuban said on the Verge’s “Decoder” podcast, “We don’t pick the best candidates. I don’t think anybody’s here to say that Joe Biden and Donald Trump were the best and brightest that this country has to offer, or even out of the primaries from either party.”
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