Daymond John on Business Success

Daymond John, a notable figure from “Shark Tank,” offers straightforward advice for achieving business success. Speaking with Fox News Digital at Fanatics Fest, he emphasized the importance of building a business on something you are passionate about.

When you start something you love, you should be willing to do it for free, John shared. He encourages people to find ways to get paid for what they would happily do without compensation, illustrating that a passion-driven business thrives. Even taking out the trash can be a great business if you genuinely enjoy it, he added.

John’s entrepreneurial journey began early. He founded FUBU in 1992 with friends, using his mother’s home in Queens, New York, as the base for sewing wool hats and T-shirts. The brand emerged from his frustration with existing brands, which he felt did not cater to African Americans.

My love for fashion and music drove me to create FUBU, he explained to The Source Magazine. He designed clothes he was excited about and respected the community he served. The brand became influential as hip-hop gained popularity.

Since joining “Shark Tank” in 2009, alongside others like Barbara Corcoran and Kevin O’Leary, John has made significant investments in various businesses. His backing of companies like Bombas and Bubba’s-Q Boneless Ribs stands out.

I look for the person before the idea, he told Inc., detailing his investment philosophy. Trust and a willingness to learn are crucial in the entrepreneurs he supports.

At Fanatics Fest, John immersed himself as a fan. The event, a blend of Comic-Con and sports festival, featured appearances from WWE, UFC, and other sports celebrities.

Lori A. Bashian, an entertainment writer at Fox News Digital, reported on the event.