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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.

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
Next
Moves
Better
Fast
Mousetrap
Thing
Areas
Cleaners
Things
Ready
Scares
Week
Tech
Somebody
Invest
Taken
Scare
Moving
Area

More quotes by Daymond John

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Pioneers get slaughtered, and the settlers prosper.
Daymond John
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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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It takes the same energy to think small as it does to think big. So dream big and think bigger.
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Product is always king.
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I do today what people won't, so I achieve tomorrow what other people can't.
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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.
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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.
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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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Life is a cruel teacher. She loves to give you the test first and the lesson later.
Daymond John
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A savvy entrepreneur will not always look for investment money, first.
Daymond John
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Always dress to what is accurate to who and what you are.
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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If you aren't living your dreams then you're living your fears.
Daymond John
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You don’t get rich off your day job, you get rich off your homework.
Daymond John
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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.
Daymond John
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As an entrepreneur, you never stop learning.
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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I look to work with businesses that know what they are doing but need larger distribution or exposure.
Daymond John
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I consider each business investment based on concept and revenue.
Daymond John