598 Daymond John: Rise and Grind Habits for a Successful Business and Life

Feb 5, 2018

Daymond John, CEO and Founder of FUBU, shares his journey from humble beginnings to a fashion industry titan. He emphasizes the importance of maintaining health for business success, recounting how prioritizing wellness helped him confront personal challenges. Daymond shares practical tips for aspiring entrepreneurs on time management, balancing work and family life, and the continuous pursuit of learning. With a sprinkle of humor from his dad jokes, he inspires listeners to embrace change and authenticity in their lives.

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ANECDOTE

Early Samsung Deal Nearly Cost Everything

Daymond negotiated with Samsung early in FUBU's growth while emotionally reacting and inexperienced.
That ignorant negotiation gave him the best deal but nearly cost his house and business within months.

ANECDOTE

Fatherhood Triggered Relentless Hustle

After his first daughters were born, Daymond worked obsessively believing he had to provide everything at all costs.
He missed early family moments and later reassessed balance as his priorities evolved.

ADVICE

Own Your Morning And Schedule Priorities

Protect your morning: avoid answering other people's requests for the first hour to keep control of your day.
Schedule health, family time, and gratitude practices so you become more effective for others later.

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If you're going to operate a business, it needs to be something that's like Christmas every single day. - Daymond John
Today you're in for a real treat. I interviewed a friend of mine, and king of dad joke Daymond Johnson. He was telling so many dad jokes that had me rolling, I didn't even think we were going to be able to record the interview.
Not only that, but he is an amazing businessman with great insights anyone can use.
If you've ever wondered how to become an entrepreneur, how to get started in investing, and how to balance your work and family life.
On this episode of The School of Greatness, Daymond shares the most important things he's learned from the most successful people ever. One of the biggest things being one we all neglect: our health. By taking on the lessons himself, that he shares in his newest book Rise and Grind, Daymond learned to listen to his body and discovered cancer in his throat.
Daymond is a truly remarkable man who has started from the ground up and is constantly learning and changing his game to adapt not only to the world around but also to how he himself is changing all the time.
If you don't know who Daymond is, you're in for an amazing treat.
Daymond is the CEO and Founder of FUBU, a famous lifestyle brand, and a pioneer in the fashion industry with over $6 billion in product sales. He is an award-winning entrepreneur, and he has received over 35 awards including the Brandweek Marketer of the Year, Advertising Age Marketing 1000 Award for Outstanding Ad Campaign, and Ernst & Young's New York Entrepreneur of the Year Award.
His marketing strategies and ability to build successful brands has made him a highly influential consultant and motivational speaker today.
His marketing firm, Shark Branding, offers advice on how to effectively communicate to consumers through innovative means and connects brands with the world's top celebrities for everything from endorsements to product extensions.
In 2009, he joined the cast of ABC entrepreneurial business show the Shark Tank by acclaimed producer Mark Burnett. Shark Tank has been such a success, its now on it's 10th season!
Get ready to take notes from Daymond's insights on Episode 598.
Some questions I ask:
Who has been the most inspiring person to come on the show? (10:02)
What is the greatest negotiation you've ever done? (12:40)
Do you feel like you have more balance for family life now? (17:38)
When did you have surgery for your cancer? (23:08)
Do you have any insecurities? (25:46)
How do you choose what opportunities to take on? (28:17)
What is the 20% that provides 80% of your revenue? (30:22)
What is the thing that you are most excited about right now? (32:58)
What's the thing that pulls are your heart the most? (36:04)
Do you think about running your family like a business? (37:53)
Why do you think entrepreneurs aren't as willing to have discussions with their significant others as they are a business partner? (39:54)
What is your unique superpower? (45:27)
Do you schedule everything in the book every day for you? (48:00)
In this episode you will learn:
The most important element to Shark Tank (8:55)
The biggest lesson Daymond learned about himself over the last 10 seasons (11:53)
How having a child shifted his views of business (15:25)
The big things people taught him about continuing to master his skills (19:17)
Daymond's daily schedule for health (24:29)
How he decides which causes to support (27:23)
The one thing he can do this year to increase his revenue (29:32)
What his new podcast is based on (32:03)
The thing Daymond is most proud of (34:55)
The most painful thing in Daymond's life (36:24)
What he sees as a great opportunity to get into (42:16)
The thing Daymond looks for when he picks people (46:16)
Plus much more...

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