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As a way to end the Jay-Z debate (albeit one sided debate) I offer a real entrepreneur, Daymond John. You may know him from the "Shark Tank" tv show or from his clothing line "FUBU". Came from a similar upbringing to J. Queens wasn't a nice place in the 70's/80's nor is being raised by a single mother a cake-walk. 250 mill net worth - self made.
List of achievements -
Daymond John - Wikipedia, the free encyclopedia
Interview with Mr. Ferris
The Making of FUBU — An Interview with Daymond John
I'm sure there is more to this story, nothing but a little reading could bring to light.
If you going to idolize someone who had a hard upbringing, do it right.
P.S. One thing this story does bring out is pay attention to trends. If something is over-priced and you can make it for cheap-cheap-cheap there is potential there.
List of achievements -
- Recognized a demand in the market place, topless wool hats, made $800 profit first day. (Covers N and S principles, N- Cheaper hats S- Tons of people where he was selling, NYC)
- Started the FUBU clothing line out of his mother's house
- Networked with LL Cool J and persuaded him to market FUBU clothing.
- Got over $300k orders from the Las Vegas Magic trade show, no booth!
- $350mill revenue in 4 years after the trade show.
Daymond John - Wikipedia, the free encyclopedia
Interview with Mr. Ferris
The Making of FUBU — An Interview with Daymond John
I'm sure there is more to this story, nothing but a little reading could bring to light.
If you going to idolize someone who had a hard upbringing, do it right.
P.S. One thing this story does bring out is pay attention to trends. If something is over-priced and you can make it for cheap-cheap-cheap there is potential there.
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