Daymond John
Daymond John
Daymond Garfield Johnis an American entrepreneur, investor, television personality, author and motivational speaker. He is best known as the founder, president, and CEO of FUBU, and appears as an investor on the ABC reality television series Shark Tank...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth23 February 1969
CityBrooklyn, NY
CountryUnited States of America
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I've learned, like with anything else, business is only as good as your connections and your resources. And some of the resources that I have are the fact that I work with huge artists.
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If you go out there and start making noise and making sales - people will find you. Sales cure all. You can talk about how great your business plan is and how well you are going to do. You can make up your own opinions, but you cannot make up your own facts. Sales cure all.
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Good grooming is integral and impeccable style is a must. If you don't look the part, no one will want to give you time or money.
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No matter what business you're in, business is business, and financing and money are critical. I would have made a lot fewer mistakes if I had more schooling in that area.
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Most brands started from a strong base and kept a strong belief.
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Fortunately, right now 'entrepreneurship' is one of the business world's biggest buzz words and so many young people in our country are looking up to this new generation of CEO's as their modern day rock stars. Whenever you have that effect, it makes the job of promoting entrepreneurship much easier.
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There really is no shortcut just because you have a name, or you have some kind of access or some way you can solve all the problems. And I think one of the things I learned with FUBU, you have to understand that there's really only two ways of operating a business: more sales, or lower overhead.
I think that in the earlier days, when I was a 'wantrepreneur,' I was really doing things because I thought what I wanted was to be rich.
apparel businesses either
I already have enough apparel businesses that are either doing well or not really doing anything at all, and I'm looking to broaden my portfolio.
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I always tried to align myself with strategic partners, friends, and information to help me with the things that I did not know, and ultimately, I made it.
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I never knew anything other than wanting to be an entrepreneur. I tried my first business when I was 6 years old, and I started another business when I was 8. I don't think I knew anything besides that.
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I'm the kind of person that when I saw a lack of African Americans in the apparel business, that was something I set out to do, and I lead by example.
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I had a little delivery van, and I did work around Queens. I was also a waiter at Red Lobster, so I was working on the business in between jobs.
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I like to look at things that have been developed and re-developed over the course of time so I know the bugs are worked out of it. And in the business itself, I like to look at sales, by far. I want to see that there is a vetted track record of sales to show the price point has worked.