Bloomberg Talks Fubu Founder Talks Entrepreneurship
Nov 18, 2025
Daymond John, the entrepreneur behind FUBU and a Shark Tank investor, shares invaluable insights for aspiring business owners. He discusses how supply chains have evolved, emphasizing the need for resilience and adaptability post-pandemic. John highlights the apparel industry's struggles and the importance of diversification. He also addresses consumer sentiments as the holidays approach, noting the challenges retailers face with pricing. With his wealth of experience, John offers practical tips that resonate with today's entrepreneurial landscape.
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Supply Chain's Only Constant Is Change
- The only consistent thing about the supply chain is its inconsistency and mixture of controllable and uncontrollable factors.
- Building plan B, C, D and E and nimbleness is the path to being disruption-proof.
Pandemic Lessons Partly Faded
- Pandemic lessons were learned but often forgotten once attention shifted back to immediate issues.
- That neglect left firms with single-source dependencies and heightened vulnerability to later shocks like tariffs.
Prepare Concrete Contingency Plans
- Do prepare contingency plans for no product, sudden cost increases, or supplier failure before disruption hits.
- Diversify suppliers and routes to keep fulfillment connected to the end customer.