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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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Daymond John
Age: 55
Born: 1969
Born: February 23
Businessperson
Entrepreneur
Fashion Designer
Motivational Speaker
Television Presenter
Brooklyn
New York
Daymond Garfield John
Learned
Flag
Came
Flags
Tell
Investors
Back
Failed
Come
Red
Need
Raises
Needs
Clean
Stronger

More quotes by Daymond John

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A savvy entrepreneur will not always look for investment money, first.
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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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Always dress to what is accurate to who and what you are.
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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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As an entrepreneur, you never stop learning.
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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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Product is always king.
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If you aren't living your dreams then you're living your fears.
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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 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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I do today what people won't, so I achieve tomorrow what other people can't.
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You don’t get rich off your day job, you get rich off your homework.
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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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Truth is the easiest thing to sell.
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Poor people put a low value on themselves and their efforts.
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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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We all want the freedom to make our own decisions.
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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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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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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