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" A savvy entrepreneur will not always look for investment money, first. "
Daymond John
Look
Entrepreneur
Money
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" You don't have to work for a big corporation if you don't want to. "
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" 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. "
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Enjoy
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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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Time
Style
Money
" I've failed way more than I've succeeded. "
Daymond John
Way
Than
Succeeded
" When I first got into business, I made a lot of bad decisions. "
Daymond John
Business
Got
First
" 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
Face
Together
People
" 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
Last
Person
Successful
" 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
Business
Problems
Think
" The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. Because if you just invest in one, next week, somebody has a better mousetrap, and you get taken to the cleaners. "
Daymond John
You
Ready
Better
" I'm a firm believer in utilizing celebrities because they tap into people on an emotional basis. "
Daymond John
Firm
Tap
People
" As an entrepreneur, you love your business like a child, and you're taught to be laser-focused on the business. "
Daymond John
Entrepreneur
Child
Business
" I consider each business investment based on concept and revenue. "
Daymond John
Concept
Revenue
Investment
" 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
Sleeping
You
Think
" 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. "
Daymond John
Stars
Words
People
" If I invest in a CEO, I need him or her to have experience in sales. "
Daymond John
Experience
Her
Him
" I value an entrepreneur I can get behind and trust, because I know they are attempting to move forward in life. "
Daymond John
Value
Know
Trust
" 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
Business
Myself
Looking
" Poor people put a low value on themselves and their efforts. "
Daymond John
Low
Poor People
Poor
" 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
Business
Like
Good
" Most brands started from a strong base and kept a strong belief. "
Daymond John
Belief
Kept
Strong
" 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
Kind
Lead By Example
Person
" 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. "
Daymond John
Delivery
Red
Work
" An entrepreneur needs to know what they need, period. Then they need to find an investor who can build off whatever their weaknesses are - whether that's through money, strategic partnerships or knowledge. "
Daymond John
Know
Partnerships
Money
" 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
Create
Important
Think
" Five days a week, I read my goals before I go to sleep and when I wake up. There are 10 goals around health, family and business with expiration dates, and I update them every six months. "
Daymond John
Health
Family
Business
" One of my business partners would remind me that no fashion line lasts forever, that we would hit the down curve eventually, and that we needed to look for new brands that complement the first one. "
Daymond John
New
Fashion
Look
" As an entrepreneur, you never stop learning. "
Daymond John
Entrepreneur
You
Learning
" When I first came into money, I bought six or seven homes. One weekend I went to Miami and bought an apartment and a mansion several blocks from each other, which was not that bright! "
Daymond John
Bright
Weekend
Miami
" When you have a large amount of the workforce being laid off, some of them have no other choice but to go out there and invent something. "
Daymond John
Go
Off
Choice
" 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
Days
Rich
Think