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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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Daymond John
Age: 55
Born: 1969
Born: February 23
Businessperson
Entrepreneur
Fashion Designer
Motivational Speaker
Television Presenter
Brooklyn
New York
Daymond Garfield John
Inheritance
Legacy
Leave
Kids

More quotes by 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.
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 consider each business investment based on concept and revenue.
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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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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Pioneers get slaughtered, and the settlers prosper.
Daymond John
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Product is always king.
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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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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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 look to work with businesses that know what they are doing but need larger distribution or exposure.
Daymond John
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A savvy entrepreneur will not always look for investment money, first.
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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Life is a cruel teacher. She loves to give you the test first and the lesson later.
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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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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Truth is the easiest thing to sell.
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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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