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how do I describe you I was saying you know entrepreneur Dalek Mandela's Mavericks owner shark tank star you do it on mark I don't know about that but entrepreneur that one you know you and I were talking earlier today on one of the panels you made some really fascinating points about innovation right now in this country and and all that needs to be done to encourage it to encourage small businesses what do you think overall is the most important thing for new entrepreneurs right now just to go after it I mean the thing about being an entrepreneur is this it's just all to you you know a lot of people like to make excuses I don't have connections I don't have money I don't have this but you know if you find something that you like to do or love to do be great at it and see if you can turn it into a business and worst case you're gonna have fun doing what it is you love to do in best case you can turn it into a business I just don't pick on excuses I just think if you really everybody has that opportunity to go for it they just got to do it well you know long as it's a it's hard to get along right now for a small business owner you're starting to come over you're trying to come up with an idea how do you get the capital to start that bit first of all if you're starting a business and you take out a loan jerem [ __ ] right because you're there's so many uncertainties involved with starting a business yet the one certainty that you will have to have is paying back your loan and the bank doesn't care about your business or whoever you borrow from unless it's family doesn't care about your business you know and so it's just a complete conflict so to whatever what's the small business that entrepreneur 99% of small businesses you can start with next to no capital it's more about effort you know small businesses don't fail for lack of capital they fail for lack of brains they fail for lack of effort most people just aren't willing to put in the time to work smart I mean they they they go for it in a lot of cases but they just don't recognize how much works involved and and if you do the preparation if you know if you start a business you better know your your industry and your company better than anyone in the whole wide world because you're competing and to think that whoever it is you're competing with is just gonna let you come in and take their business obviously that's naive and I think most people don't recognize that if you're going to compete with me and one of my businesses you better realize that I'm working 24 hours a day to kick your ass you know a lot of companies right now are holding on to their money they're holding on to cash maybe they're doing some share buyback but in general they're not putting their capital to work right now how and when did that start to change I mean it's a reflection of a lot of different things if if they're buying back shares it means they don't see anything in their own businesses that they can invest in and if they don't see anything in their own businesses that they can invest in then it doesn't matter if they're bringing back capital from elsewhere and it doesn't matter that they can talk all they want about jobs but there's no good reason you know to hire people because they don't have places to put capital to work and I think that's also a reflection of the focus on Wall Street you know most of times when we talk about putting capillary to use we talk about public companies you don't really see this as an issue in private companies but with public companies they get such a concern with shareholder value and shareholder returns that they lose sight of trying to move the ball and to innovate and to invest in R&D and I think that's hurt our economy and I think that hurts the company in the long term what does it mean for growth you think we're gonna be in this 2.5 percent 2% environment for a while yeah and but I'm not I don't look at that and say see there's something wrong we're not doing something right I look at that and say that's the new normal that you know when companies have their backs against well particularly small to medium where there's a big part of the growth for jobs we find new ways to innovate we're innovators in this country we don't just sit back and say the only way we can solve problems is by hiring people we go out there and you hire smarter kids you hire smarter people to write software to put things in the cloud to find new solutions and so we're turning into an economy that is bifurcated there's those people who write and control and define the software and then there's those people who work for the software someone who's gone out and started a lot of businesses including your own network CBS has just purchased a minority stake in your network what what do you think what is their intention to do with that do you think there's a chance they might buy out the whole thing who knows um but I think they're recognizing that you know the reason we took a network HDNet which was the first all high definition TV that grew it and then two years ago I recognized that being HD obviously is not enough and so I said out there in the media landscape what opportunities are there what what creates a unique scenario that would be good for a network and if you look at what's happening with social media in particular real-time social media is very obvious and you guys know as well as anybody real-time social media drives real-time viewing on TV and live events on TV Drive social media it's a very symbiotic relationship and so with excess TV we had been doing live events as HDNet and we just amplified that so in you know from concerts all over the globe to the live interview shows to live you know fights whatever type of event that we can do live we want to do it what people will tune in for live is what differentiates television from the internet you know the internet was designed for everything but video and television is designed specifically for to deliver video and that's a huge difference the Internet's I mean when you think about content now being so much on-demand live obviously different because you have to tune in specifically for an event right but you know wouldn't Gangnam style video right billion people watch it you couldn't find any two people who watched it and talked about it at the same time it's just completely different by the time you watch it on YouTube you've already missed it you know you've missed the conversation YouTube's not about conversation on demands not about conversation it's about catching up it's about killing time and vegetating watching the show all day long whereas watching this live hopefully there's people online talking about how Cubans an idiot or Cuban smart whatever Trish knows our stuff or you know whatever it may be but that's a that's you know a holistic conversation that happens in real time that drives that creates a unique experience