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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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Daymond John
Age: 55
Born: 1969
Born: February 23
Businessperson
Entrepreneur
Fashion Designer
Motivational Speaker
Television Presenter
Brooklyn
New York
Daymond Garfield John
Thinking
Learning
Word
Process
Doesn
Part
Going
Work
Think
Failure
More quotes by Daymond John
Product is always king.
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We all want the freedom to make our own decisions.
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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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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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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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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
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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Truth is the easiest thing to sell.
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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.
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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
You don’t get rich off your day job, you get rich off your homework.
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If you aren't living your dreams then you're living your fears.
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Pioneers get slaughtered, and the settlers prosper.
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I consider each business investment based on concept and revenue.
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Life is a cruel teacher. She loves to give you the test first and the lesson later.
Daymond John
I do today what people won't, so I achieve tomorrow what other people can't.
Daymond John
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.
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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
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
A savvy entrepreneur will not always look for investment money, first.
Daymond John