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Earn Your Leisure

EYL #45 Hustle & Motivate feat. John Henry

Earn Your Leisure

EYL Network

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.87.8K Ratings

🗓️ 29 October 2019

⏱️ 77 minutes

🧾️ Download transcript

Summary

John Henry is only 26 but his business story could span three lifetimes. He's the son of Dominican immigrants. He grew up below the poverty line in New York City’s Washington Heights neighborhood. At 18 he worked as a doorman in a luxury building in Brooklyn. While working as a doorman he started a dry cleaning business. Within 3 years his business was making $100,000 a month in revenue. At the age of 21, he sold the business for $1 million and started the first business incubator in Harlem called Cofound Harlem.After making a name for himself in the city, he was offered a podcast deal, and then a TV deal for his own show on Vice called “Hustle”. He parlayed that into a brand endorsement deal with Cadillac.After starting Cofound Harlem he decided he wanted to dive into the world of Venture Capital. He joined forces with three other young entrepreneurs and became a partner in Harlem Capital. Harlem Capital Partners is a $25 million Venture Capital firm owned and operated by four men of color under the age of 30.The fund plans to invest in 1,000 minority and women founders over the next 20 years. All four of the partners are on the most recent Forbes 30 under 30 list.In EYL #45, John walked us through his incredible journey. He told us the story of his first business, he explained in detail the inner workings of the V.C. world, he explained the steps to set up a Venture Capital fund, he detailed how TV deals are structured and he outlined the current market place for brand partnerships and media opportunities.Guest IG: @johnhenrystyleBook Tip: Steve Jobs --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/appSupport this podcast: https://anchor.fm/earnyourleisure/support Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0

All right guys welcome back so we have a very special edition today. Yeah very

0:06.5

special guests very special topics is very special we're around so all right

0:10.8

we're gonna get this started but before we get it started first we gotta give a

0:13.5

shout out to the DR did you know that we was number two in the off of

0:16.9

business park yeah I did not know yeah we have a very strong following in the

0:21.2

off some of our best guests Lord of the Slum my man Fernando Shouts a shout to

0:25.0

Caesar and shout to everybody in Dykeman yeah it's like a second home for us they

0:30.1

show us so much love out there it was the first place when we we stepped out the

0:33.5

car somebody was like yo Troy was shot and we were like oh they know it's out here

0:37.3

yeah shout out to Shouts a Dykeman shout out to the tournament specifically

0:42.0

shout out to Miguel Chris Kenny Mikey DiMalo yeah

0:47.0

what up you what up and shout out to Katrina Castro she's a huge actress in

0:52.2

DR she's a big fan of the podcast so so the reason why I say that is that our

0:56.0

guest I'm not letting John Henry is your Dominican right 100% right yes I am

1:02.2

from the heights from heights yeah that's pretty much the maker of public

1:07.0

little DR little DR of fact well those who don't know yes so if you don't know

1:12.0

John I give you a brief introduction he's the man the myth the legend yeah

1:17.7

Forbes 30 on the 30s whole team actually made that I just I just realized that

1:21.3

yeah he sold his first company when he was 21 for a million dollars he started

1:26.3

co-fund Harlem he owned 17 apartments and two buildings in in Pennsylvania

1:31.8

yep and he has a venture capital firm that's something I'm really into it and he

1:35.2

has a venture capital firm and he's 26 26 26 oh 26 years old so that's a lot

...

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