Competencies Quote by Mark Cuban
“Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but are cheap.”
About This Quote
Source Interview: Business Insights, Mark Cuban, 2015
Focus on strengths and allocate resources to excel where you have expertise, while staffing supporting roles cost‑effectively.
In simple terms: Leverage strengths, hire cheap for non‑core tasks.
Key Takeaway
Invest in talent where it matters most.
Themes
strategy
leadership
human resources
Mood
pragmatic
focused
Type
business
leadership
When to use this quote
- building a startup
- expanding a team
- outsourcing
- budget planning
Key Concepts
core competency
resource allocation
cost efficiency
Questions to Reflect On
- What tasks truly belong to your core?
- How do you balance cost and quality?
A Different Perspective
Cheap hires may lack quality, affecting overall performance.
