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" 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
Friends
Myself
Information
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" When I first got into business, I made a lot of bad decisions. "
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" 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. "
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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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" 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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" I started FUBU in 1989 but ran out of money three times and closed it down. "
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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. "
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" 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. "
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" In my mind, there are too many copycat web products out there that are doing the same thing. "
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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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" 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
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" My parents always taught me that my day job would never make me rich; it'd be my homework. "
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" 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. "
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" 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
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" You don't have to work for a big corporation if you don't want to. "
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" 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. "
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" 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. "
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" I don't care if you're my brother - if we go play football, I'm gonna try to crack your head open. It doesn't mean that I don't love you. It doesn't mean that I don't respect you. "
Daymond John
Respect
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" I consider each business investment based on concept and revenue. "
Daymond John
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" 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
" 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
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" As an entrepreneur, you never stop learning. "
Daymond John
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" 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
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" As an entrepreneur, you love your business like a child, and you're taught to be laser-focused on the business. "
Daymond John
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" 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. "
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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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" I'm a firm believer in utilizing celebrities because they tap into people on an emotional basis. "
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Firm
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" Poor people put a low value on themselves and their efforts. "
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Low
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" I value an entrepreneur I can get behind and trust, because I know they are attempting to move forward in life. "
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" The things that I've learned is, try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets, you've learned, and you don't make bigger mistakes. "
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You
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" I never knew anything other than wanting to be an entrepreneur. I tried my first business when I was 6 years old, and I started another business when I was 8. I don't think I knew anything besides that. "
Daymond John
Business
Think
Never