"You tell your direct reports what to do, and it's up to them to figure out how. But you don't get involved in the details of what they do. That would be micromanaging them, which is bad."
"I [made] a lot of mistakes in hiring that cost me money," said Cuban.
"Hiring is one area of the business that I never fully delegate because it can make or break the company."
Research suggests that founder-led companies perform better than companies led by professional managers.
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