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Mark Cuban Gears Up for Shark Tank Season 11 & Dallas Mavericks NBA Season

4:17·By Gemma G
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About this video

For a decade now, ABC's "Shark Tank" has been making dreams come true and helping aspiring entrepreneurs grow their businesses, and at the center of it has been Mark Cuban, and there to give you all the scoop on the new seasons since Season 7 has been Young Hollywood! We return to the set for the fifth time to get the low-down on Season 11 of the hit series with the ultimate Shark himself, Mr. Cuban, to celebrate the show's success, longevity, and firm standing in not only pop culture but the business world in general! Mark reveals to us the one mistake he sees entrepreneurs make over and over again when they pitch to him and his fellow Sharks, plus he teases what's in store for his other passion project, the Dallas Mavericks, and their new NBA season lead by Rookie of the Year Luka Doncic!

Chapters (5)

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Key Moments (3)

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Key Topics (4)

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Full Transcript

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Young Hollywood

Hey guys, it's Tracy with Young Hollywood.

Young Hollywood

I am back on the set of Shark Tank.

Young Hollywood

This is my fifth time.

Young Hollywood

I'm so excited.

Young Hollywood

It is season 11.

Young Hollywood

Stay tuned.

Young Hollywood

We are back.

Young Hollywood

In the set of Shark Tank.

Mark Cuban Gears Up

Do you know that it is my five-year anniversary?

Young Hollywood

That's the only time.

Mark Cuban Gears Up

You've only been here five times.

Mark Cuban Gears Up

There's actually a legitimate car.

Mark Cuban Gears Up

That's why we couldn't stand over there.

Young Hollywood

Things are getting real.

Young Hollywood

Things are getting real in today.

Mark Cuban Gears Up

After every shoot, we do play Sharks and Minnows and Never have I ever played a prank on a fellow shark.

Mark Cuban Gears Up

Oh, I definitely have.

Mark Cuban Gears Up

Definitely have.

Young Hollywood

I already knew the answer.

Mark Cuban Gears Up

I'm an OG.

Mark Cuban Gears Up

I started before Mark, actually.

Young Hollywood

She did.

Mark Cuban Gears Up

And she looks about the same age as Kevin, but that's all.

Young Hollywood

Wow, savage.

Young Hollywood

Crushed me.

Mark Cuban Gears Up

It's brutal in the tank.

Young Hollywood

You were my first interview.

Young Hollywood

We sat.

Young Hollywood

It was like season seven.

Mark Cuban Gears Up

He tried to scam me.

Mark Cuban Gears Up

I'm going to beat the hell out of you.

Young Hollywood

And now it's season 11.

Young Hollywood

That's crazy.

Mark Cuban Gears Up

Nothing has changed.

Young Hollywood

Everything has changed.

Young Hollywood

Everything has changed.

Young Hollywood

I feel like what's also so cool for me to come back every time.

Young Hollywood

This is why I love coming.

Young Hollywood

Besides obviously getting to hang out with the coolest shark.

Young Hollywood

Of course.

Young Hollywood

Just saying.

Young Hollywood

You got to know.

Young Hollywood

You got to know.

Young Hollywood

Don't tell anyone else I said that.

Young Hollywood

Um, but it's really like, it's more than just a show now.

Young Hollywood

I feel like it's become just like this iconic platform that, you know, it's it's American culture.

Young Hollywood

Like it's ingrained.

Young Hollywood

I mean, you're creating jobs.

Young Hollywood

Businesses are growing.

Mark Cuban Gears Up

Yeah, well, it's incredible.

Mark Cuban Gears Up

I mean, we've been here so long.

Mark Cuban Gears Up

People are coming in that are pitching us that are in their mid-20s.

Mark Cuban Gears Up

Saying, yeah, I remember when I was in middle school and I I was watching with my parents and got excited to start a company and and here they are pitching us and and getting deals.

Mark Cuban Gears Up

And so, it's really fun and exciting how it's become part of America and part of entrepreneurship in America.

Young Hollywood

You know, when you hear someone has an idea, they're like, oh, you got to go on Shark Tank.

Young Hollywood

Yeah.

Young Hollywood

Like it's just like a normal thing to say now.

Mark Cuban Gears Up

Yeah, we had a guy come on this morning, or maybe yesterday morning.

Mark Cuban Gears Up

They all kind of run together.

Mark Cuban Gears Up

And it was like, you know what, I wasn't going to come on Shark Tank, but everybody told me, I had to come on Shark Tank.

Mark Cuban Gears Up

And he was selling these crochet clothes.

Mark Cuban Gears Up

Just crochet clothing that was like, out of control.

Mark Cuban Gears Up

I mean, it was it was really cool.

Mark Cuban Gears Up

And it was just like, yeah, I mean, everybody who has a startup, everybody who's got a growing business, that's the first thing you think of, should I come on Shark Tank?

Young Hollywood

And I feel like, you know, when you think about it, you've seen thousands of pitches.

Young Hollywood

I mean, over the years.

Young Hollywood

What is the one mistake that entrepreneurs are still making that you get really, really frustrated with?

Young Hollywood

Because I know you got you get pretty angry easily.

Mark Cuban Gears Up

I don't get angry.

Young Hollywood

You do.

Mark Cuban Gears Up

I don't get angry.

Mark Cuban Gears Up

Um, no, I probably the biggest mistake, we just had the last pitch, they made the same mistake.

Mark Cuban Gears Up

They'll walk in and go, this is a nine billion dollar market.

Young Hollywood

Knew you were going to say that.

Mark Cuban Gears Up

Yeah, and if we only get 1%.

Mark Cuban Gears Up

Everybody says that.

Mark Cuban Gears Up

And look, you just you can't just guess you're going to get 1% because it's hard.

Mark Cuban Gears Up

It's hard to do.

Mark Cuban Gears Up

And so you've got to give us a reason why you're going to be a real business, you're going to make real sales, and you're going to make real money because that's why that's what we're looking for as investors.

Young Hollywood

And also, you know, in my opinion, I feel like when you see a pitch, it's kind of like a first date, right?

Young Hollywood

Like, you're you're looking at the person coming in, you're like, are they authentic?

Young Hollywood

Are they themselves?

Young Hollywood

Are they not trying to be someone that they're not?

Young Hollywood

Is that how you kind of look at it still?

Mark Cuban Gears Up

Kind of.

Mark Cuban Gears Up

But they do put on that first date face, right?

Mark Cuban Gears Up

Where you walk in and everything's perfect, and everybody says all the right things, and and you you kind of have that energy going on.

Mark Cuban Gears Up

So, yeah, it it's it's like that, but you're a little bit more prepared, right?

Mark Cuban Gears Up

On a date, you don't quite know what's going to happen on the other side.

Mark Cuban Gears Up

They've been watching so many years of Shark Tank.

Mark Cuban Gears Up

Everybody kind of knows.

Mark Cuban Gears Up

And so, we've got to switch up our game to really be different and really be innovative.

Mark Cuban Gears Up

And that keeps us on our toes.

Young Hollywood

Last time I talked to you, I just have to say we were at the NBA Awards.

Young Hollywood

Everybody's saying the Mavs are like the wild card.

Young Hollywood

People are wanting to know what's going to happen.

Young Hollywood

We've got a good young squad with Luka coming back, Dwight's resigning, and they're getting an extension.

Young Hollywood

KP's going to be playing his first game.

Young Hollywood

And we'll see what happens free agency.

Young Hollywood

We got a great rookie.

Young Hollywood

So, I I'm excited about what happens next.

Young Hollywood

What are you looking forward to for the Mavs this season?

Mark Cuban Gears Up

Well, you're all excited about Luka, hopefully winning.

Young Hollywood

I love Luka.

Young Hollywood

Yeah, and Luka won rookie of the year.

Mark Cuban Gears Up

So, we're excited about Luka coming back for his second year.

Mark Cuban Gears Up

Kristaps Porzingis is coming back.

Mark Cuban Gears Up

We add a Seth Curry.

Mark Cuban Gears Up

We've got the Lonzo Ball.

Mark Cuban Gears Up

So, we've got a bunch of guys in our core group's coming back.

Mark Cuban Gears Up

So, I'm excited about this year.

Mark Cuban Gears Up

We're going to be a lot better and the West is going to be super exciting.

Mark Cuban Gears Up

The NBA is going to be exciting.

Young Hollywood

So what I'm talking about.

Young Hollywood

That's what's up.

Young Hollywood

Season 11 of Shark Tank.

Young Hollywood

Get ready.

Timestamps are approximate — click one to jump the player.

PEOPLE MENTIONED

  • Mark Cuban

    Interview subject, entrepreneur, investor on Shark Tank, owner of Dallas Mavericks

  • Tracy

    Young Hollywood interviewer

  • Kevin

    Fellow Shark Tank investor mentioned by Mark Cuban

  • Luka Dončić

    Dallas Mavericks player, Rookie of the Year

  • Dwight

    Dallas Mavericks player mentioned by Mark Cuban

  • Kristaps Porziņģis

    Dallas Mavericks player

  • Seth Curry

    New Dallas Mavericks player

  • Lonzo Ball

    New Dallas Mavericks player mentioned by Mark Cuban

FAQ

What common mistake do entrepreneurs make on Shark Tank?+
Mark Cuban says the biggest mistake is when entrepreneurs claim to be entering a multi-billion dollar market and expect to easily capture a small percentage of it without a solid plan for real sales and money.
How long has Mark Cuban been on Shark Tank?+
Mark Cuban mentions he started after another Shark, and the show is celebrating its 11th season, having been on air for a decade.
What makes Shark Tank impactful?+
Mark Cuban notes that Shark Tank has become ingrained in American culture, inspiring young entrepreneurs who watched it in middle school to start companies and pitch on the show themselves.
Which players is Mark Cuban excited about for the Dallas Mavericks?+
Mark Cuban is excited about Luka Dončić returning for his second year, Kristaps Porziņģis playing his first game, and new additions like Seth Curry and Lonzo Ball.

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