What does an entrepreneur have to do to impress you?
Fail a couple of times, go as far as they can without requesting help from another person until they feel it’s a good enough opportunity to present to somebody. And have a problem-solving attitude. Every problem can be solved as long as they use common sense and apply the right research and techniques.
...
Also, there are no shortcuts. There really is no shortcut just because you have a name, or you have some kind of access or some way you can solve all the problems. And I think one of the things I learned with FUBU, you have to understand that there’s really only two ways of operating a business: more sales, or lower overhead. Bottom line, a lot of times we’ll throw a lot of people at a problem, and if it doesn’t create more sales you’re still going to end up jeopardizing your brand and your company, so don’t overshoot it.
Interview With Daymond John, Shark Tank - Business Insider
Fail a couple of times, go as far as they can without requesting help from another person until they feel it’s a good enough opportunity to present to somebody. And have a problem-solving attitude. Every problem can be solved as long as they use common sense and apply the right research and techniques.
...
Also, there are no shortcuts. There really is no shortcut just because you have a name, or you have some kind of access or some way you can solve all the problems. And I think one of the things I learned with FUBU, you have to understand that there’s really only two ways of operating a business: more sales, or lower overhead. Bottom line, a lot of times we’ll throw a lot of people at a problem, and if it doesn’t create more sales you’re still going to end up jeopardizing your brand and your company, so don’t overshoot it.
Interview With Daymond John, Shark Tank - Business Insider
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