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'There’s no such thing as failure': Mark Cuban offers his best advice for new grads

"Shark Tank" star Mark Cuban discussed failure with Thrive Global founder Arianna Huffington.

You just have to be right once, says Mark Cuban.

No one likes the f-word, especially people who are fresh out of college.

That's because the prospect of failure is terrifying to many recent grads.

But "Shark Tank" star Mark Cuban has always had good things to say about failure.

The Dallas Mavericks owner recently discussed his thoughts on failure in an interview with Arianna Huffington for Thrive Global's podcast.

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"One of my favorite sayings is, 'It doesn't matter how many times you fail, just have to be right once,'" he told her.

Cuban has had a few career failures of his own.

that one of his first business ventures, which involved attempting to sell powdered milk, was a major flop.

Cuban's best advice for college grads today is to get out there, take risks, and make a ton of mistakes. Don't worry about landing the perfect job and doing everything right on the first go, he said. Because you're in the most flexible phase of your professional development, Cuban said now is the time to fail and learn from it.

"When you're 22, 23, 24, there's no such thing as failure, really," Cuban said.

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"I also tell kids, 'I truly believe each and every one of us is really good at something,'" he continued. "The hard part is finding out what that is. You have to try and experience as many things as you can, and once you get there, then try to be as good as you can at it."

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