Mark Cuban is known for a lot of things. He’s the billionaire owner of the Dallas Mavericks, the star of “Shark Tank,” and loves the public light through appearances or his lively presence on Twitter. But did you know Cuban hates meetings?
Cuban, like everyone else, revealed in 2016 that he doesn’t want to partake in meetings. He repeated that same stance earlier this year saying he’d only been seen in a boardroom or an outside meeting like lunch if there was money involved.
“I’m not big on ‘Let’s go eat lunch’ meetings,” Cuban said in a Q&A with Inc. “The only way you’re going to get me for a meeting is if you’re writing me a check. Same with phone calls — they’re a waste of time.”
That sentiment hasn’t changed.
In an interview with GQ, Cuban expanded on his vendetta against meetings because they simply don’t always focus on what’s at stake. Meetings, according to Cuban, often get sidetracked with “nonsense.”
“I hate meetings — Nobody likes meeting expect the people who bring the donuts and the people who like to talk about their kids because when you sit in a meeting, you waste half the meeting,” Cuban said.
” ‘So how was your weekend? How’s your day? Why didn’t they get the right kind of donuts? I’m tired of donuts — we should’ve got cupcakes.’ All this nonsense that has nothing to do with getting the job done.”
Just say no to meetings
What’s the alternative to meetings? Cuban said he prefers everything by email because not only does it save time, but it also allows him to have documented evidence for future use.
“I have so many different investments, so many different businesses I’m involved with — I want to do everything via email because that allows me to go back and look something up,” said Cuban. “If you told me, ‘Blah, blah, blah your kids’ And I said, ‘Oh, that’s sweet.’ And then we talked about business, I can go back and search [for] it five years, 10 years, 20 years. I’ve got emails that are 25 years old now.”
Studies seem to be in Cuban’s corner. Research by Accountemps found that 63% of office workers felt their meetings were unnecessary and could’ve been handled over email. More than half admitted to being distracted by their phone or emails during mandatory meetings and 49% said that when there’s an agenda on schedule, the meeting rarely sticks to the script.
On the managerial side, 71% of managers felt their meetings were unproductive and inefficient, according to researchers from Harvard Business School and Boston University. Sixty-five percent said it inhibited them from completing their work.
However, some of the world’s most successful CEOs from Jeff Bezos to Elon Musk have developed ways to maximize meetings.