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Daymond John Quotes
Daymond John Quotes
Daymond John
American
Businessman
Born:
Feb 23
,
1969
Business
Entrepreneur
First
Money
People
You
Related authors:
Bill Gates
Henry Ford
Jim Rohn
Les Brown
Peter Drucker
Stephen Covey
Steve Jobs
Warren Buffett
As an entrepreneur, you never stop learning.
Daymond John
You
Learning
Entrepreneur
Never
Never Stop
Stop
I'm a big advocate of financial intelligence.
Daymond John
Finance
Intelligence
Financial
Big
Advocate
I believe the last thing I read at night will likely manifest when I'm sleeping. You become what you think about the most.
Daymond John
You
Will
Become
Believe
Think
Sleeping
About
Most
Likely
Read
Manifest
Thing
Last
Night
In the founders, I look for a person I feel is trustworthy, driven and smart. I invest in the person first, because in the event the business fails, the person and I can move forward and create another business.
Daymond John
Business
Smart
First
Invest
Driven
Feel
Fails
Look
Another
Because
Trustworthy
Person
Move
Move Forward
Create
Forward
Event
Founders
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.
Daymond John
Time
Good
You
Money
Will
Style
Must
Give
Impeccable
No-One
Part
Look
Integral
Want
Grooming
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.
Daymond John
Business
Example
Saw
Out
Kind
Something
Lead
Lead By Example
Person
American
Lack
African
African Americans
Apparel
Set
Mentors, by far, are the most important aspects of businesses.
Daymond John
Important
Mentors
Most
The Most Important
Far
Aspects
Businesses
Learn as many mistakes and what not to do while your business or product is small. Don't be in such a hurry to grow your brand. Make sure that you and the market can sustain any bumps that may occur down the road.
Daymond John
You
Business
Mistakes
Down
Market
Hurry
Small
Road
Make
Learn
Sure
Occur
Bumps
Brand
Any
May
Sustain
While
Product
Your
Down The Road
Many
Grow
If I invest in a CEO, I need him or her to have experience in sales.
Daymond John
Experience
Invest
Him
Sales
CEO
Her
Need
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.
Daymond John
You
Business
Problems
Think
Way
Ways
Kind
One Of The Things
Solve
Some
More
Only
Name
Operating
Learned
Because
Understand
Access
Overhead
Sales
Just
Just Because
Shortcut
Really
Lower
Things
Two
I think Wall Street is very important, especially to tech companies. Wall Street will get in their rhythm and go fund tech companies, and tech companies will go create jobs and employ a lot of people, so there's that aspect of Wall Street.
Daymond John
People
Will
Important
Think
Jobs
Employ
Go
Lot
Very
Wall
Wall Street
Get
Rhythm
Create
Aspect
Companies
Fund
Tech
Tech Companies
Street
You don't have to work for a big corporation if you don't want to.
Daymond John
Work
You
Big
Corporation
Want
When looking at trends I always ask myself basic and timeless questions about business, and the one I seem to always come back to is, 'How is this different than anything else in the marketplace?'
Daymond John
Myself
Business
Looking
Else
Back
Trends
Marketplace
About
Seem
Come
Always
How
Questions
Timeless
Than
Different
Anything
Anything Else
Ask
Basic
An entrepreneur must pitch a potential investor for what the company is worth as well as sell the dream on how much of a profit can be made.
Daymond John
Worth
Entrepreneur
Made
Profit
Dream
Must
Potential
Investor
Well
How
How Much
Sell
Pitch
Much
Company
I look to work with businesses that know what they are doing but need larger distribution or exposure.
Daymond John
Work
Distribution
Know
Look
Doing
Businesses
Exposure
Larger
Need
I've come to learn that my initial investment is more about the person versus the product that I am buying into. I've also learned that I really do enjoy giving worthy people an opportunity of a lifetime.
Daymond John
People
Opportunity
Giving
Enjoy
Worthy
About
More
Lifetime
Investment
Come
Also
Learn
Learned
Am
Versus
Person
Really
Product
Initial
Buying
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.
Daymond John
Myself
Me
Made
Align
Tried
Know
Partners
Always
Ultimately
Friends
Did
Information
Help
Strategic
Things
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.
Daymond John
Thought
Rich
Think
Days
Because
Doing
Wanted
Really
Things
Earlier
As an entrepreneur, you love your business like a child, and you're taught to be laser-focused on the business.
Daymond John
Love
You
Business
Entrepreneur
Like
Child
Taught
Your
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.
Daymond John
You
Business
Money
Matter
Made
Mistakes
Critical
Would
Financing
More
Area
Had
Schooling
Lot
Fewer
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.
Daymond John
Work
Good
Business
Else
Resources
Some
Only
Fact
Like
Learned
Huge
Artists
Anything
Anything Else
Your
Connections
A lot of times, I can put a product together with a distributor when I go into my Rolodex for distributors. I can then put it together with a face, such as an artist. And then I can go into my databank of retailers and people that I've been working with through the years of retail, and then also manufacturing.
Daymond John
Together
People
Face
Distributor
Distributors
Through
Retail
Put
Also
Go
Been
Years
Lot
Times
Artist
Then
Working
Product
Manufacturing
FUBU is pretty well licensed out in China and Asia. In America it's a little more of a challenge, obviously, because it's a branded sport.
Daymond John
Challenge
Out
Licensed
Pretty
More
Sport
Obviously
Well
Because
Branded
America
China
Little
Asia
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.
Daymond John
Time
Business
Out
See
Record
Point
Price
Developed
Over
Like
Know
Look
Track
Track Record
Bugs
Course
Been
Sales
Itself
Want
Far
Worked
Show
Things
Mentors don't have to be the Daymond Johns or the Mark Cubans. A person running a successful bodega or a tax firm in your community for the last 20 years, that person is working just as much as the individual who's running General Mills.
Daymond John
Community
Mark
Running
General
Individual
Mentors
Firm
Cuban
Years
Person
Just
Just As Much
Tax
Much
Successful
Working
Your
Last
Mills
I'm a firm believer in utilizing celebrities because they tap into people on an emotional basis.
Daymond John
People
Emotional
Firm
Firm Believer
Because
Tap
Celebrities
Utilizing
Believer
Basis
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