#140 – DAYMOND JOHN – On Building F.U.B.U, INVESTING & IF GOOGLE IS RIGHT About His NET-WORTH!

Early Life:

Daymond John – FUBU.

The man in the interview today has been so well-known for so long that he no longer requires an introduction, but it is fascinating to learn more about his life.

Daymond John is the FUBU guy.

He’s a businessman, investor, television personality, author, and motivational speaker. Growing up in Hollis, Queens, and attending Catholic school for seven years, he began working at the age of 10 after his parents divorced. One early job involved handing out flyers for $2 an hour.

Entrepreneurship.

John credits his high school’s alternating weekly class schedule with instilling in him an entrepreneurial spirit. He started a commuter van service after high school and waited tables at Red Lobster. Now the CEO and founder of FUBU, John was once a young man who had an idea for a clothing company. His mother taught him how to sew and supported him by allowing her house to be taken over to grow the business. John is one entrepreneur who has come a long way from taking out a $100,000 mortgage on his mother’s house and moving his operation into the basement.

Daymond John FUBU-Interaction with TN’H:

The interviewer first asked John about the origins of FUBU and how it became successful, to which he replied that he had founded the company in 1992 while hip-hop was also emerging as a cultural phenomenon. He has been interested in fashion since childhood, which prompted his decision to establish a business in the industry.

Daymond John- FUBU was just like any other kid in the early 1990s. He loved clothes, and he loved to design them. So, when he saw a gap in the market for fashionable clothing that appealed to young people, he decided to do something about it. He started FUBU out of his mom’s house, and it quickly became a hit. Daymond’s unique designs and his commitment to quality made FUBU one of the leading fashion brands of the era.

Today, Daymond John is a successful entrepreneur and business leader. He shares his insights with young entrepreneurs, teaching them how to start their own businesses and achieve success. John’s ability to build successful brands has made him a highly influential consultant and motivational speaker today.

His marketing firm The Shark Group offers advice on how to effectively communicate to consumers through innovative means, such as product extensions and endorsements by top celebrities.

Daymond John FUBU– Final Thought:

To conclude an hour-long interview, Daymond John -FUBU said something that might inspire young entrepreneurs by saying “Just understand the business you’re in. The only thing hot is what you’re passionate about, regardless of what the field is.”

To know more about FUBU, Please view the Video Below

 

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About The Host

rahmel - how to start a trucking company

Rahmel Wattley

The creator & host of Truck N’ Hustle, is a renowned personality in the trucking & logistics industry who hosts podcasts with the reputed & successful trucking entrepreneurs to share the knowledge required to start & sustain the logistics business!

Daymond John

Daymond John is the Founder & CEO of FUBU, Star of ABC’s Shark Tank, CEO of The Shark Group, An entrepreneur in every sense of the word, Daymond John has come a long way from taking out a $100,000 mortgage on his mother’s house and moving his operation into the basement. John is CEO and Founder of FUBU, a much-celebrated global lifestyle brand, and a pioneer in the fashion industry with over $6 billion in product sales.

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