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" 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
America
China
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" I'm a big advocate of financial intelligence. "
Daymond John
Financial
Finance
Intelligence
" 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
" 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
" 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
" 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'm a firm believer in utilizing celebrities because they tap into people on an emotional basis. "
Daymond John
Firm
Tap
People
" Most brands started from a strong base and kept a strong belief. "
Daymond John
Belief
Kept
Strong
" 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
" 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
" 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
" 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 think African Americans are resilient and hustlers by nature. I think they need to understand that you can take that hustle to the boardroom, but it has to be an education process. "
Daymond John
Process
Think
You
" 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
" I started FUBU in 1989 but ran out of money three times and closed it down. "
Daymond John
Closed
Started
Money
" 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
" 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
" 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
" I consider each business investment based on concept and revenue. "
Daymond John
Concept
Revenue
Investment
" 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
" Poor people put a low value on themselves and their efforts. "
Daymond John
Low
Poor People
Poor
" 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
" As an entrepreneur, you never stop learning. "
Daymond John
Entrepreneur
You
Learning
" 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
" My parents always taught me that my day job would never make me rich; it'd be my homework. "
Daymond John
Me
Parents
Job
" 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
" When I first got into business, I made a lot of bad decisions. "
Daymond John
Business
Got
First
" You don't have to work for a big corporation if you don't want to. "
Daymond John
Work
Corporation
Big
" 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
" 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
Style
Money