YAPClassic: How Daymond John is Empowering The Next Generation Through Financial Literacy | #BlackEntrepreneurs

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Recorded23 Feb 2024

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When Daymond John was 10 years old, his parents got divorced. His father left and Daymond never heard from him again. As a result, Daymond had to find scrappy ways to make money so he and his mom could put food on the table. Over the years, Daymond has found other creative ways to solve problems and generate profit, which is how he built a $6 billion clothing brand. In this episode of YAPClassic, the People’s Shark will unpack how he built FUBU and why he’s focusing on empowering the next generation through financial literacy. This episode is part of a special YAP series honoring Black History Month called #BlackEntrepreneurs. Daymond John is a New York Times bestselling author and the CEO and founder of FUBU, the $6 billion global lifestyle brand created to represent overlooked communities. He is also a star and original member of ABC’s four-time Emmy Award–winning TV show Shark Tank, where he invests and helps entrepreneurs grow their own businesses. In this episode, Hala and Daymond will discuss: - Daymond’s early entrepreneurial itch - How Daymond’s side hustle became the global brand FUBU - What Daymond learned from Jay Abraham - Daymond’s mother’s influence on his life - Becoming a Shark on the hit show Shark Tank - Why most of America does not have financial literacy - How to teach financial intelligence to our kids - Daymond’s 3-dollar rule - Why kids need new national role models - And other topics… Daymond John was born with a passion for entrepreneurship. Daymond is CEO and founder of FUBU, the $6 billion global lifestyle brand created to represent overlooked communities. He is also a star and original member of ABC’s four-time Emmy Award–winning TV show Shark Tank, helping entrepreneurs and business owners grow their own businesses. He continues to work with a number of philanthropic organizations to educate and empower future generations, including My Brother’s Keeper, the Network for Teaching Entrepreneurship, and the NAACP, to name a few. Daymond is a New York Times bestselling author, and Little Daymond Learns to Earn is his first book for children. Free Webinar, Crush Your Sales Goals in 2024: Sign up for Hala's free Pipedrive webinar on February 28th at https://youngandprofiting.co/Sales Help Save Palestinian Lives: Donate money for food, medical supplies, and shelter for the people of Gaza at https://givebutter.com/savegaza LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course. Resources Mentioned: Daymond’s Website: https://daymondjohn.com/ Daymond’s LinkedIn: https://www.linkedin.com/in/daymondjohn/ Daymond’s Twitter: https://twitter.com/thesharkdaymond Daymond’s Instagram: https://www.instagram.com/thesharkdaymond/ Daymond’s Facebook: https://www.facebook.com/TheSharkDaymond/ Daymond’s Book Little Daymond Learns to Earn: https://www.amazon.com/Little-Daymond-Learns-Earn-John/dp/0593567277 Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting Economist Education - Get 15% off any course at education.economist.com/PROFITING and use code PROFITING Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala Learn more about YAP Media Agency Services - yapmedia.io/

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