TIP198: Daymond John & The Power of Broke (Business Podcast)

TIP198: Daymond John & The Power of Broke (Business Podcast)

On today’s show we talk about the very popular entrepreneur, Daymond John. John rose to business stardom after creating the global clothing line FUBU. Later he became a celebrity figure on ABC’s Shark Tank. After looking through various book recommendations from our audience, we kept getting a similar recommendation: The Power of Broke by John. The book provides some great insights into Daymond’s life before FUBU and how he created the business, but the part of the book we liked the best was his guidance and recommendations for people that are starting their own business. IN THIS EPISODE, YOU’LL LEARN: How Daymond John created FUBU. Which advantages you gain from being broke. Why Proof of Concept goes before anything else in Entrepreneurship. Why successful business people have or has had a mentor. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Daymond John’s book, The Power of Broke – Read reviews of this book. The Scholly app that will help you find scholarships. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: HardBlock Human Rights Foundation Plus500 Shopify Netsuite Vanta Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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TIP 061 : Billionaire Charlie Munger with Tren Griffin (Business Podcast)

TIP 061 : Billionaire Charlie Munger with Tren Griffin (Business Podcast)

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TIP 060 : Pragmatic Capitalism with Cullen Roche (Business Podcast)

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TIP 059 : The 7 Habits of Highly Effective People (Business Podcast)

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IN THIS EPISODE, YOU’LL LEARN: Why Preston, Stig, and Vanguard Founder Jack Bogle think the expected return in the stock market is 4% Why the historic stock market rally in October 2015 doesn’t chan...

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TIP 058 : Coined - The Essence of Money and How It Works with Kabir Sehgal (Business Podcast)

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IN THIS EPISODE, YOU’LL LEARN: How the Roman empire collapsed because of increased money supply. How digital currencies might change our lives in the future. Why we are using paper money today and ...

2 Nov 201536min

TIP 057 : What Works On Wall Street with James O'Shaughnessy (Business Podcast)

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IN THIS EPISODE, YOU’LL LEARN: Which type of American companies James O’Shaughnessy’s right now deem to yield the highest returns. How to be humble about stock investing, and how you are likely to b...

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TIP 055 : Creating Assets and a Following (Marketing Podcast)

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IN THIS EPISODE, YOU’LL LEARN: How Dorie Clark has come up with breakthrough ideas to build her own assets. Ask The Investors: How should you invest $1,000,000 to increase your monthly income? BOO...

11 Okt 201539min

TIP 054 : Mastermind Discussion 3Q 2015 (Business Podcast)

TIP 054 : Mastermind Discussion 3Q 2015 (Business Podcast)

IN THIS EPISODE, YOU’LL LEARN: What Hari learned at Mohnish Pabrai’s annual meeting. How Tobias’ research shows that the stock market is overvalued. Why Calin is struggling with currency exposure a...

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TIP 053 : Thinking, Fast and Slow | Quantitative Easing (Business Podcast)

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IN THIS EPISODE, YOU’LL LEARN: Will ECB expand quantitative easing? What can the stock investor learn from “Thinking, Fast and Slow?” Note: Before discussing the book, Thinking Fast and Slow, Pres...

20 Sep 201542min

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