493 - Daymond John: Why You Need to Keep a "Broke" Mindset in Business

0:00Damon John is an entrepreneur in every sense of the word.

0:03He's the CEO and founder of Fubu, a celebrated global lifestyle brand and a pioneer in the fashion industry with over $6 billion in product sales.

0:12He's also one of the sharks on the Emmy Award-winning TV show, Shark Tank.

0:16His ability to build successful brands has made him a highly influential consultant and motivational speaker.

0:22In 2015, he was named by President Obama as a presidential ambassador for global entrepreneurship.

0:28He's also the author of the New York Times bestseller, The Power of Broke.

0:33I want to start off with, in the power of Broke, you share that desperation can breed innovation.

0:38So I want to go back to the early days in Hollis Queens.

0:42From when I was researching you even more, you didn't know that you had dyslexia in school.

0:48There's a little bit of struggle there, right?

0:50Yeah, I didn't know I had dyslexia until I was probably about 35 because, you know, when, you know, at that time prior to that, your communication was generally through paper and a, you know, teacher marks it up as a zero, right?