#321: 20 Years of Lessons for My Younger Self with Daymond John
May 6, 2019
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Entrepreneur Daymond John shares insights on decision-making, scaling in business, acquiring businesses, teamwork, success through passion, partnerships, and self-care. He also previews Summit 2020 and offers online training program tips for remote teams.
Reflect on personal growth and set new goals at milestone ages like 50.
Trust your instincts more, seek advice, and develop business acumen with age.
Understand the personal nature of scaling decisions and assess business dynamics before expanding.
Deep dives
Damon John Reflects on Turning 50 and Planning for the Future
Damon John shares insights on the significance of reaching the age of 50 and reflects on his accomplishments and future aspirations. He discusses the importance of taking stock of his achievements and setting new goals for the next decade, emphasizing the need to focus on personal growth and pursuing passions. John humorously describes his experience of turning 50, highlighting the blend of reflection, excitement, and new beginnings that come with this milestone.
Lessons Learned: Evolving from Aged 30 to 50 as an Entrepreneur
Damon John examines the transition from his entrepreneurial journey at age 30 to 50, emphasizing the evolution in his decision-making processes and strategic approaches. He reflects on gaining clarity, learning from past mistakes, and trusting his instincts more at 50 compared to his younger self. John underscores the significance of seeking advice, avoiding repetitive errors, and honing a sharper business acumen with age and experience.
The Complex Decision of Scaling a Business
Damon John delves into the intricacies of scaling businesses, highlighting the personal nature of this decision and the absence of universal rules due to evolving industries. He emphasizes the need for a deep understanding of one's business and industry dynamics before embarking on scaling efforts, cautioning against blindly following generalized scaling recommendations. John stresses the importance of strategic assessments, partnership considerations, and international expansion planning when contemplating business growth.
Balancing Success and People in Leadership Roles
Damon John discusses the challenges of balancing business success with maintaining a positive work environment, particularly in handling high-performing yet disruptive employees. He emphasizes the importance of recognizing toxic behavior in the workplace and the necessity of addressing such issues proactively to safeguard team dynamics and productivity. John shares insights on fostering a collaborative and harmonious work culture while ensuring accountability and performance excellence in a leadership role.
Prioritizing Self-Care and Health Amidst Success
Damon John highlights the critical importance of self-care and health maintenance amidst professional success and demanding schedules. He shares strategies for incorporating rest, fitness, family time, meditation, and mindful nutrition into his routine to ensure holistic well-being amidst his busy lifestyle. John emphasizes the need for intentional self-care practices to sustain energy, clarity, and resilience while managing numerous professional commitments and responsibilities.
Although it may seem like entrepreneur and New York Times best-selling author Daymond John has enjoyed a meteoric rise to the top, his success has actually been more than 20 years in the making. And the lessons he’s learned along the journey have shaped the way he runs his business today. Tune in as Daymond offers invaluable advice on everything from when and how to scale to the undeniable value of recognizing the contribution of your team members. No matter where you are in your career, this is one episode you definitely don’t want to miss!
Want expert help with your business question? Call 844-944-1070 and leave a message or send an email to podcast@entreleadership.com. You could be featured on a future podcast episode!
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