Serial entrepreneur Mark Cuban recently dropped some sage advice for millennial graduates.
The “Shark Tank” judge and self-made billionaire reflected on his youth to give young adults some tips on having a proactive mindset, being someone people want to hire, and saving money while still enjoying the golden years of your life to Business Insider.
Cuban was asked what advice he would give to his 20-year-old self, to which he answered:
“Don’t Stress. Don’t change anything, have fun, don’t stress.
“You don’t have to know what you are going to be when you grow up, you don’t have to have answers, you don’t have to have the perfect major, you don’t have to pick the perfect job.
“You are allowed to FUCK up.”
What is a healthy career mindset?
“When I came out, the orientation was get a career, and now everybody’s a free agent and everybody’s going to stay a free agent, and it’s really making it so that your time more valuable, so you can sell it for more as a free agent somewhere.
“When you graduate — hopefully you graduate from somewhere — go out and get that job where you get paid to learn and that’ll help you figure it out.
What kind of person would Mark Cuban hire?
“I think if there’s one thing that’s kind of different these days than it used to be is self awareness.”
“You’ve got to know where you are good and where you are not good.”
“I look for somebody who knows what they are good at and knows what they are not very good at and is realistic enough to pull all of those pieces together.”
Cuban, who has an estimated net worth of $3 billion, ended with:
“You don’t have to know your career path. If you can train yourself to save $100 a month and grow it as you earn more, you are going to be a millionaire by the time you retire. If you don’t you are going to be in the same boat I was at 27 and BROKE!”
So for those who fall into the millennial category, don’t stress about having everything worked out by 27. Cuban, an elite entrepreneur, was broke at 27 and was still eventually able to become a multi-billionaire.