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

More quotes by Daymond John

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We all want the freedom to make our own decisions.
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I look to work with businesses that know what they are doing but need larger distribution or exposure.
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You don’t get rich off your day job, you get rich off your homework.
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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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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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Life is a cruel teacher. She loves to give you the test first and the lesson later.
Daymond John
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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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I don't want to leave my kids an inheritance, I want to leave them a legacy
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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Truth is the easiest thing to sell.
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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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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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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A savvy entrepreneur will not always look for investment money, first.
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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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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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