Mark Cuban Says, “Business Loans Are For Morons!”

By Richard K. Noots

Mark Cuban, owner of the Dallas Mavericks and Magnolia Pictures, was nice enough to sit down for an interview and give his opinion, no hold bars. The main delicacy of his cuisine? Business loans are a dumb idea. His reason? You’re guaranteeing yourself that you’ll be in a large amount of debt. While his reasoning is sound (he goes more into detail in the video), one must ask, are we all that lucky? Is it possible for the average person to start their own business without a little help from someone? Hopefully, some of our entrepreneurs in our audience have some comments. Whether you agree or disagree, just share!