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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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" 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. "

" When I first got into business, I made a lot of bad decisions. "

" Mentors, by far, are the most important aspects of businesses. "

The Most Important

" 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. "

" Every problem can be solved as long as they use common sense and apply the right research and techniques. "

" I'm a firm believer in utilizing celebrities because they tap into people on an emotional basis. "

" 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. "

Lead By Example

" Poor people put a low value on themselves and their efforts. "

" 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. "

" 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. "

" 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. "

" 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?' "

" A savvy entrepreneur will not always look for investment money, first. "

" Most brands started from a strong base and kept a strong belief. "

" 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. "

" I'm a big advocate of financial intelligence. "

" I believe the last thing I read at night will likely manifest when I'm sleeping. You become what you think about the most. "

" 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. "

" 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. "

" 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. "

" I started FUBU in 1989 but ran out of money three times and closed it down. "

" 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. "

" 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. "

" 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. "

" 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. "

" As an entrepreneur, you never stop learning. "

" 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. "

" 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. "

" 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. "

" 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. "