
Daymond John | Founder of FUBU and Star of ABC’s “Shark Tank”
The Founder Hour
00:00
The Importance of Conviction in Startup Success
Damon: I think what it really comes down to is the conviction right like that initially, you know The hundred percent thing. A lot of founders go and borrow a hundred thousand dollars and quit their job Two hundred thousands dollars and now they all of a sudden instead of making mistakes with small things they well They took out twenty thousand dollars and as they got a hundred million dollars in inventory. Damon: If your social media conversion Rate is two percent or one percent well, they're putting more ads out or not. So I was able to bounce back and I was frustrated, but on the flip side I had told you about two or three other businesses that I started before that This time it just
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