When Daymond John was 10 years old, his parents got divorced. His father left and Daymond never heard from him again. As a result, Daymond had to find scrappy ways to make money so he and his mom could put food on the table. Over the years, Daymond has found other creative ways to solve problems and generate profit, which is how he built a $6 billion clothing brand. In this episode of YAPClassic, the People’s Shark will unpack how he built FUBU and why he’s focusing on empowering the next generation through financial literacy. This episode is part of a special YAP series honoring Black History Month called #BlackEntrepreneurs.
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
- 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
- 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. 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.
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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 Book Little Daymond Learns to Earn: https://www.amazon.com/Little-Daymond-Learns-Earn-John/dp/0593567277
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Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing) 