Daymond John: Learn to Earn, How The People's Shark is Raising a New Generation of Financially-Savvy People | Entrepreneurship | E216

Mar 27, 2023

56:41

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Growing up in Queens, New York, Daymond John had big dreams and an early knack for entrepreneurship. He sold everything from pencils to reconditioned cars, and while working full-time at Red Lobster, he started his clothing brand FUBU. Because of the tenacity instilled in him by his mother, FUBU eventually became a multi-billion dollar global clothing and lifestyle brand. In this episode, Daymond will share his rags-to-riches story and the lessons he has learned as a seasoned investor on Shark Tank. Daymond will break down his latest book, Little Daymond Learns to Earn, a kid's book written to instill financial and entrepreneurial literacy in younger generations. Daymond will also share how we can instill hope in our youth!

Daymond John is a New York Times bestselling author and the CEO and founder of FUBU, the $6 billion global lifestyle brand created to represent overlooked communities. He is also a star and original member of ABC’s four-time Emmy Award–winning TV show Shark Tank, where he invests and helps entrepreneurs grow their own businesses.

In this episode, Hala and Daymond will discuss:

- Daymond’s early entrepreneurial itch

- How Daymond’s side hustle became the global brand FUBU

- Common Sense marketing tactics

- What Daymond learned from Jay Abraham

- Daymond’s mother’s influence on his life

- Becoming a Shark on the hit show Shark Tank

- Why most of America does not have financial literacy

- How to teach financial intelligence to our kids

- Daymond’s 3-dollar rule

- Why kids need new national role models

- How to take your parent hat off and think like a kid

- And other topics…

Daymond John was born with a passion for entrepreneurship. Daymond is CEO and founder of FUBU, the $6 billion global lifestyle brand created to represent overlooked communities. He is also a star and original member of ABC’s four-time Emmy Award–winning TV show Shark Tank, helping entrepreneurs and business owners grow their own businesses. His work as an entrepreneur has been recognized by Barack Obama who named him a Presidential Ambassador for Global Entrepreneurship, and he has won four Webby Awards for his work in creating, producing, and hosting Black Entrepreneurs Day.

He continues to work with a number of philanthropic organizations to educate and empower future generations, including My Brother’s Keeper, the Network for Teaching Entrepreneurship, and the NAACP, to name a few. Daymond is a New York Times bestselling author, and Little Daymond Learns to Earn is his first book for children. Of all of his accomplishments, Daymond is most proud of his role as a dad to his daughters.

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Resources Mentioned:

Daymond’s Website: https://daymondjohn.com/

Daymond’s LinkedIn: https://www.linkedin.com/in/daymondjohn/

Daymond’s Twitter: https://twitter.com/thesharkdaymond

Daymond’s Instagram: https://www.instagram.com/thesharkdaymond/

Daymond’s Facebook: https://www.facebook.com/TheSharkDaymond/

Daymond’s Podcast Rise and Grind with Daymond John: Rise and Grind with Daymond John

Daymond’s Book Little Daymond Learns to Earn: https://www.amazon.com/Little-Daymond-Learns-Earn-John/dp/0593567277

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