THE ED MYLETT SHOW

Rise and Grind w/ Daymond John

Dec 22, 2020
Daymond John, founder of the $6 billion fashion brand FUBU and a Shark Tank investor, shares his incredible journey from turning $40 into a thriving empire. He discusses the raw realities of entrepreneurship, tackling themes of resilience, self-confidence, and the art of negotiation. John emphasizes authenticity and understanding your product and customers as vital to success. With candid anecdotes, he offers profound business lessons and insights into the power of mentorship and the emotional aspects of striving for excellence.
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ADVICE

Building Personal Presence

  • Develop personal presence by understanding and respecting others' positions.
  • Acknowledge your own strengths and weaknesses without overplaying or underselling yourself.
ANECDOTE

Dyslexia as a Gift

  • Daymond John didn't realize he was dyslexic until two-way pagers revealed communication issues.
  • He believes dyslexia is a gift, forcing him to reread and retain information better.
ANECDOTE

FUBU's Shutdowns

  • Daymond John shut down FUBU three times between 1989 and 1992.
  • He found motivation to restart by focusing on non-monetary rewards like belonging and adding value.
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