- Joined
- Aug 17, 2013
- Messages
- 675
Rep Bank
$1,480
$1,480
User Power: 134%
As a way to end the Jay-Z debate (albeit one sided debate) I offer a real entrepreneur, Daymond John. You may know him from the "Shark Tank" tv show or from his clothing line "FUBU". Came from a similar upbringing to J. Queens wasn't a nice place in the 70's/80's nor is being raised by a single mother a cake-walk. 250 mill net worth - self made.
List of achievements -
Daymond John - Wikipedia, the free encyclopedia
Interview with Mr. Ferris
The Making of FUBU — An Interview with Daymond John
I'm sure there is more to this story, nothing but a little reading could bring to light.
If you going to idolize someone who had a hard upbringing, do it right.
P.S. One thing this story does bring out is pay attention to trends. If something is over-priced and you can make it for cheap-cheap-cheap there is potential there.
List of achievements -
- Recognized a demand in the market place, topless wool hats, made $800 profit first day. (Covers N and S principles, N- Cheaper hats S- Tons of people where he was selling, NYC)
- Started the FUBU clothing line out of his mother's house
- Networked with LL Cool J and persuaded him to market FUBU clothing.
- Got over $300k orders from the Las Vegas Magic trade show, no booth!
- $350mill revenue in 4 years after the trade show.
Daymond John - Wikipedia, the free encyclopedia
Interview with Mr. Ferris
The Making of FUBU — An Interview with Daymond John
I'm sure there is more to this story, nothing but a little reading could bring to light.
If you going to idolize someone who had a hard upbringing, do it right.
P.S. One thing this story does bring out is pay attention to trends. If something is over-priced and you can make it for cheap-cheap-cheap there is potential there.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
