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A savvy entrepreneur will not always look for investment money, first.

Daymond John

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Daymond John
Age: 55
Born: 1969
Born: February 23
Businessperson
Entrepreneur
Fashion Designer
Motivational Speaker
Television Presenter
Brooklyn
New York
Daymond Garfield John
Entrepreneur
Investment
Money
Look
Firsts
Looks
First
Savvy
Always
Entrepreneurship

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Poor people put a low value on themselves and their efforts.
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I do today what people won't, so I achieve tomorrow what other people can't.
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While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don't have the financial literacy to scale their businesses and attract investors.
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I don't want to leave my kids an inheritance, I want to leave them a legacy
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Life is a cruel teacher. She loves to give you the test first and the lesson later.
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Everyone has an idea, but it’s taking those first steps toward turning that idea into a reality that are always the toughest.
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I think the single biggest turn off is people who think that they need money and they need all these people around them so if they get the money they can just buy all the things they need to help the company... [without] hav[ing] to put in the work themselves.
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The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. Because if you just invest in one, next week, somebody has a better mousetrap, and you get taken to the cleaners.
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It takes the same energy to think small as it does to think big. So dream big and think bigger.
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Pioneers get slaughtered, and the settlers prosper.
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If you aren't living your dreams then you're living your fears.
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As an entrepreneur, you love your business like a child, and you're taught to be laser-focused on the business.
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Truth is the easiest thing to sell.
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I consider each business investment based on concept and revenue.
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The thing about branding is it isn't etched in stone. A brand is a mark or an image or a perception we stamp on a product, a concept or an ideal, but it doesn't last forever. Like anything else, it needs to be nurtured and reinforced, or it will start to fade.
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Always dress to what is accurate to who and what you are.
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Try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets you've learned and you don't make bigger mistakes. Try to go as far as you can without anybody else's help first.
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If you can't come clean and tell investors how and why you failed, that raises a red flag. They need to see that you learned from it and came back stronger.
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We all want the freedom to make our own decisions.
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An entrepreneur must pitch a potential investor for what the company is worth as well as sell the dream on how much of a profit can be made.
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