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" 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
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" You don't have to work for a big corporation if you don't want to. "
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" Most brands started from a strong base and kept a strong belief. "
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Belief
Kept
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" 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. "
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Road
" 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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Kind
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Person
" I look to work with businesses that know what they are doing but need larger distribution or exposure. "
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Know
Need
Work
" When I first got into business, I made a lot of bad decisions. "
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Business
Got
First
" 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. "
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New
Fashion
Look
" I've failed way more than I've succeeded. "
Daymond John
Way
Than
Succeeded
" 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
" 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
Business
Matter
Mistakes
" Poor people put a low value on themselves and their efforts. "
Daymond John
Low
Poor People
Poor
" As an entrepreneur, you never stop learning. "
Daymond John
Entrepreneur
You
Learning
" 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
Company
Dream
Potential
" 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
" Every problem can be solved as long as they use common sense and apply the right research and techniques. "
Daymond John
Common Sense
Research
Problem
" 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
" 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
" 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'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
Enjoy
People
Opportunity
" 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
Look
Business
Want
" 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
" I'm a big advocate of financial intelligence. "
Daymond John
Financial
Finance
Intelligence
" 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
" If I invest in a CEO, I need him or her to have experience in sales. "
Daymond John
Experience
Her
Him
" 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 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. "
Daymond John
Business
Great
People
" 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
Forward
Business
Smart
" 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. "
Daymond John
Portfolio
Doing
Enough
" 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
" If you don't educate yourself, you'll never get out of the starting block because you'll spend all your money making foolish decisions. "
Daymond John
You
Never
Money