Quote

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.

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
Care
Financial
Entrepreneurs
Ideas
Taxes
Literacy
Many
Health
Attract
Good
Struggle
Investors
Issues
Businesses
Words
Scale
Thorny
Understand
Scales
Plentiful
Business
Entrepreneur
Payroll

More quotes by Daymond John

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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.
Daymond John
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Life is a cruel teacher. She loves to give you the test first and the lesson later.
Daymond John
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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.
Daymond John
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We all want the freedom to make our own decisions.
Daymond John
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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.
Daymond John
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Poor people put a low value on themselves and their efforts.
Daymond John
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I do today what people won't, so I achieve tomorrow what other people can't.
Daymond John
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Whether people know it or not, I'm a big nature guy. I like snowboarding, I like fishing, and those are my ways to wind down.
Daymond John
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Pioneers get slaughtered, and the settlers prosper.
Daymond John
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I don't want to leave my kids an inheritance, I want to leave them a legacy
Daymond John
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I consider each business investment based on concept and revenue.
Daymond John
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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.
Daymond John
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Truth is the easiest thing to sell.
Daymond John
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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.
Daymond John
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A savvy entrepreneur will not always look for investment money, first.
Daymond John
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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.
Daymond John
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Learn as many mistakes and what not to do while your business or product is small. Don’t be in such a hurry to grow your brand. Make sure that you and the market can sustain any bumps that may occur down the road.
Daymond John
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I think it's only failure if you put the word failure on it. I think it's part of the process of learning where you're going to go and what doesn't work.
Daymond John
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I look to work with businesses that know what they are doing but need larger distribution or exposure.
Daymond John
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Always dress to what is accurate to who and what you are.
Daymond John