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The School of Greatness

598 Daymond John: Rise and Grind Habits for a Successful Business and Life

The School of Greatness

Lewis Howes

Mindset, Relationships, Entrepreneurship, Mental Health, Education, Greatness, Fitness, Celebrity, Health, Inspiration, Success, Health & Fitness, Self-improvement, Business, Money, Self Care, Celebrity Interview

4.822K Ratings

🗓️ 5 February 2018

⏱️ 53 minutes

🧾️ Download transcript

Summary

If you're going to operate a business, it needs to be something that's like Christmas every single day. - Daymond John Today you're in for a real treat. I interviewed a friend of mine, and king of dad joke Daymond Johnson. He was telling so many dad jokes that had me rolling, I didn't even think we were going to be able to record the interview. Not only that, but he is an amazing businessman with great insights anyone can use. If you've ever wondered how to become an entrepreneur, how to get started in investing, and how to balance your work and family life. On this episode of The School of Greatness, Daymond shares the most important things he's learned from the most successful people ever. One of the biggest things being one we all neglect: our health. By taking on the lessons himself, that he shares in his newest book Rise and Grind, Daymond learned to listen to his body and discovered cancer in his throat. Daymond is a truly remarkable man who has started from the ground up and is constantly learning and changing his game to adapt not only to the world around but also to how he himself is changing all the time. If you don't know who Daymond is, you're in for an amazing treat. Daymond is the CEO and Founder of FUBU, a famous lifestyle brand, and a pioneer in the fashion industry with over $6 billion in product sales. He is an award-winning entrepreneur, and he has received over 35 awards including the Brandweek Marketer of the Year, Advertising Age Marketing 1000 Award for Outstanding Ad Campaign, and Ernst & Young's New York Entrepreneur of the Year Award. His marketing strategies and ability to build successful brands has made him a highly influential consultant and motivational speaker today. His marketing firm, Shark Branding, offers advice on how to effectively communicate to consumers through innovative means and connects brands with the world's top celebrities for everything from endorsements to product extensions. In 2009, he joined the cast of ABC entrepreneurial business show the Shark Tank by acclaimed producer Mark Burnett. Shark Tank has been such a success, its now on it's 10th season! Get ready to take notes from Daymond's insights on Episode 598. Some questions I ask: Who has been the most inspiring person to come on the show? (10:02) What is the greatest negotiation you've ever done? (12:40) Do you feel like you have more balance for family life now? (17:38) When did you have surgery for your cancer? (23:08) Do you have any insecurities? (25:46) How do you choose what opportunities to take on? (28:17) What is the 20% that provides 80% of your revenue? (30:22) What is the thing that you are most excited about right now? (32:58) What's the thing that pulls are your heart the most? (36:04) Do you think about running your family like a business? (37:53) Why do you think entrepreneurs aren't as willing to have discussions with their significant others as they are a business partner? (39:54) What is your unique superpower? (45:27) Do you schedule everything in the book every day for you? (48:00) In this episode you will learn: The most important element to Shark Tank (8:55) The biggest lesson Daymond learned about himself over the last 10 seasons (11:53) How having a child shifted his views of business (15:25) The big things people taught him about continuing to master his skills (19:17) Daymond's daily schedule for health (24:29) How he decides which causes to support (27:23) The one thing he can do this year to increase his revenue (29:32) What his new podcast is based on (32:03) The thing Daymond is most proud of (34:55) The most painful thing in Daymond's life (36:24) What he sees as a great opportunity to get into (42:16) The thing Daymond looks for when he picks people (46:16) Plus much more...

Transcript

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0:00.0

This is episode number five, nine, eight with New York Times bestselling author and the shark tank master, Damon John.

0:08.0

Welcome to the School of Greatness.

0:12.0

My name is Louis Howe's former pro athlete, Turn Lifestyle Entrepreneur.

0:16.0

In each week we bring you an inspiring person or message to help you discover how to unlock your inner greatness.

0:24.0

Thanks for spending some time with me today. Now let the class begin.

0:30.0

Steven Covey said that most of us spend too much time on what is urgent and not enough time on what is important.

0:42.0

We've got an incredible guest today, my friend Damon John.

0:46.0

And if you don't know who he is throughout his career, he has continued to be an entrepreneur in every sense of the word.

0:54.0

He is not only a pioneer in the fashion industry, turning Foubu into a six billion dollar brand, but a shark on ABC's Shark Tank, New York Times bestselling author, branding guru, and highly sought after motivational speaker.

1:09.0

Even President Barack Obama appointed Damon as presidential ambassador for global entrepreneurship, a position focused on promoting the power and importance of entrepreneurship on a global scale.

1:24.0

He consults for some of the top Fortune 500 companies in the world.

1:28.0

And his Shark Tank group share advice and experience on branding, licensing, social media, product placement, marketing strategy, and overall business consultation.

1:38.0

And in this interview, we dive in on some of the things that I haven't heard Damon talk about before and things he doesn't talk about in his new book, which is what Damon has learned from the other sharks the most.

1:51.0

Also the greatest negotiation Damon has ever done.

1:56.0

Why it's important to schedule in time for your family and the lessons Damon's learned through having multiple kids throughout his business career.

2:04.0

Also how Damon discovered cancer in his throat by listening to his body and the key to optimizing health.

2:11.0

Also how to separate yourself from everyone else in any business that and so much more.

2:17.0

I'm super pumped about this. Make sure to take a screenshot of this while you're listening.

2:22.0

Tag me and Damon John on Instagram or Twitter. Let us know that you're listening.

2:27.0

And as always, we like to give a shout out to the fan of the week.

2:32.0

Every week we get reviews from people who are listening, who love the podcast, who get great results from the information, the inspiration they're hearing from the other interviews.

2:42.0

And so many of you have left reviews. We've got over 2500 five star reviews, I think at this point.

...

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