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Daymond John: Love Your Work, Get Paid
26 Jul
Summary
- Business success hinges on building ventures around genuine passion.
- Early FUBU efforts involved sewing hats and t-shirts in Queens, New York.
- John prioritizes the entrepreneur's character over their business idea.
Daymond John, the renowned FUBU founder and 'Shark Tank' star, recently offered candid advice on achieving business success. Speaking at Fanatics Fest, John stressed the critical importance of building ventures around something you genuinely love. He posited that if you're not willing to do the work for free, financial motivation alone is insufficient for long-term viability.
John recounted the origins of FUBU, a global fashion brand he co-founded in 1992. He began by personally sewing wool hats and t-shirts in his mother's Queens, New York home, driven by a desire to create fashion that resonated with the African American community and the burgeoning hip-hop culture.
Transitioning to his role as an investor on 'Shark Tank,' John revealed his investing philosophy. He consistently looks for the entrepreneur first, prioritizing their character and drive before evaluating the business idea. This approach allows him to trust and support individuals committed to personal and professional growth.
