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Daymond John, the founder of fashion brand FUBU and an investor on reality television show Shark Tank, sits down with Behind the Brand host Bryan Elliott to discuss his background and business philosophy. Raised in Queens, N.Y., John became frustrated in the 1980s that designers weren’t making clothes for the inner-city kids who loved rap music. He made 10 FUBU T-shirts and persuaded hip-hop artists such as LL Cool J to wear them in their music videos. After showcasing them in 40 videos, “people thought I was this huge company, when I was a waiter at Red Lobster with 10 T-shirts in my basement,”
John says.
Over the past 25 years, John has experienced wins, losses and more than a few epiphanies. “As an entrepreneur, you never stop learning,” he says. “I’ve failed way more than I’ve succeeded.” He says one of his worst mistakes was expanding beyond what he was good at. Once, he decided to make a music album to gain exposure. But his team didn’t know the business and “were spending money like drunken sailors.” It turned out to be a bad investment. Now, he expands his brand by partnering with the right people and grows his business through carefully calculated goals and formulas for growth.
Related:
Shark Tank’s Daymond John on Thinking Big
http://www.entrepreneur.com/article/224833
Google Hangout With Stars of ‘Shark Tank’ On Funding Your Business
http://www.entrepreneur.com/video/224856
VERY INFORMATVE
Good interview.
I LOVED THE BIRDS
That was awesome
Somebody KILL that Fu**ing Bird In The Background… To much value in what is being spoken to hear it. Bunny huggers, go net it and remove it! ;)
that guy knows how to conduct an interview
I loved Mr. Daymond's responses. A more thoughtful interviewer would have been nice.
Great interview
this bryan elliot guy makes me fall asleep. so boringggggggg. find a better host.
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Check out this video on YouTube:
really enjoyed this!
He is just brilliant and inspirational. Thank you for all the insight I will apply it immediately to my business
Great video to watch!!
great interviewer as well as interview
Somebody tell those birds to shut the F up!
I love your philosophy.
" True Entrepreneurs will just keep figuring it out ". Love it.
I wonder how Damond's morning routine to get ready to work is like.
Does he have a set of tunes in the morning to pump him up,
Does he have a coffee or a morning drink, vitamins, food etc
Does he work out before work,
Does he have a kick ass desk with cool gadgets and electronics
when youre trying to sell an interview you should probably get rid of the fucking birds
Great vid! Someone kill those fucking birds….
Those birds tweeting are chirping for airtime.
Daymond John, good guy, enjoyed listening to him!!!
Thank you for this
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the host had some very great questions.
I always wondered how close I could get to some of the questions and answers that were delivered in this interview by you Daymond John. Happy to find this video and happy to share with some email participants. I would like so much to say something about my dream, but its not the right time. I will have to listen to your interview two or three times, and get the gist, all of it and then see where I am with my dream. I also would like to connect with you via email. Thanks and best wishes. http://msclvr.co/1ttDFO
It's funny how people use "it's just business". For some hurt others, like steal their idea, undercut them, or stab them in the back and say it's just business. Like laying off a lot of employees and say it's just business or cut their salary it is just business. If one is bad at a job yeah okay that is understandable it is just business. But laying off people so you can make more money it's not just business it's just wrong. Like it says in Ecclesiastes 5:10 ("He that loves silver is not satisfied with silver; nor he that loves abundance with increase, this also is vanity"). The spirit of some of these companies today need to change we really need to go back to the Bible.
We are going to add Daymond John to the MasterMind Skills app, this man is a true inspiration.