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BigDeal

My Billion Dollar Shark Tank Investment: Daymond John

BigDeal

Codie Sanchez

Business, Investing, Entrepreneurship, Marketing

4.8681 Ratings

🗓️ 16 July 2025

⏱️ 65 minutes

🧾️ Download transcript

Summary

Want help scaling your business to $1M in monthly revenue? Click here to connect with my consulting team: http://contrarianthinking.biz/3IMo8VO Join Codie Sanchez as she dives deep with Daymond John, the founder of FUBU and a star on Shark Tank, in this insightful episode of the Big Deal podcast. They discuss his journey from starting FUBU in his mom's house to building it into a $6 billion brand, his investment strategies, and valuable lessons from his successful career. Don't miss Daymond's unique insights on entrepreneurship, investment, and personal growth. Tune in for an episode packed with actionable advice and inspiring stories! CHAPTERS 00:00 Introduction to Daymond John 00:54 Daymond John's Journey and Shark Tank Success 01:44 Investing in Bombas: A Game-Changer 05:47 Entrepreneurial Hacks and Early Struggles 11:15 Raising Independent Children 13:15 The Reality of Flying Private 16:34 Clothing Brands and Business Models 27:41 Shark Tank Insights and Pitching Tips 32:35 Shark Tank Strategies and Fake Offers 32:53 The Ethics of Seeking Investment 34:50 Dealing with Investment Losses 37:21 Concerns About AI and Future Investments 43:32 The Importance of Brand and Community 47:51 CEO Access and Helping Others 01:00:56 Final Thoughts and Advice for Entrepreneurs MORE FROM BIG DEAL: 🎥 YouTube: youtube.com/@podcastbigdeal 📸 Instagram: instagram.com/bigdeal.podcast 📽️ TikTok: tiktok.com/@big.deal.pod ⸻ MORE FROM CODIE SANCHEZ: 🎥 YouTube: youtube.com/@CodieSanchezCT 📸 Instagram: instagram.com/codiesanchez 📽️ TikTok: tiktok.com/@realcodiesanchez ⸻ OTHER THINGS WE DO: Our community: https://contrarianthinking.typeform.com/to/WBztXXID Free newsletter: https://contrarianthinking.biz/3XWLlZp Biz buying course: https://contrarianthinking.biz/3NhjGgN Resibrands: https://resibrands.com/ CT Capital: https://contrarianthinking.biz/4eRyGOk Main St Hold Co: https://contrarianthinking.biz/3YfGa8u Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Why is your head in your hand, Damon? Because AI is going to turn this country into a civil war.

0:05.5

The guest today, who is Damon John. He is the founder of Fubu, which has done $6 billion in sales.

0:12.4

He also is one of the most beloved members of Shark Tank, from somebody who had nothing to somebody who became one of the most successful CEOs of our time.

0:22.4

There's nothing new in this world. It's a new way to present it. The top companies in

0:27.1

Shark Tank history, socks and a sponge. So would you rather be hungry or rich as a young

0:33.0

person? Hungry. It's all about understanding that you actually can do it. Stop taking all, getting all those things in your head. You need money, make money. I have to have an education. No, you don't. No, you're why. If you're waking up every day because you're solving a problem for a person, you're bringing them joy and you love it. And you can do that.

0:53.8

Welcome back to the Big Deal podcast. I'm Cody Sanchez. The studio looks a little different today,

0:58.7

and that's because I am in San Antonio about to go on a stage in front of thousands of people.

1:03.0

But right after the guest today, who is Damon John, he shares all the lessons learned from

1:09.5

investing, from building big businesses, and from

1:12.2

hustling, from somebody who had nothing to somebody who became one of the most successful

1:17.9

CEOs of our time in a category nobody had ever done it quite like him before. I can't wait

1:24.2

for you guys to hear this episode. He's a riot and I took a lot of notes.

1:28.3

Your career is incredible.

1:29.3

You've been on Shark Tank, obviously, you've started a bunch of companies, you've invested in even more, you're on the internet, you've got millions of followers, you speak all over the place, you get standing ovations.

1:39.3

But I actually don't think very many people know that you invested in the most successful company

1:46.5

that Shark Tank has seen thus far, bomb us, right?

1:49.4

Well, I tell everybody whenever I can that I'm the lead shark with the most successful

1:55.8

investment in history, Shark Tank history, on all the shark tanks that exist around the world.

2:03.6

Who would have thought it was a sock company, too?

2:05.9

I had to actually Google the valuation.

2:08.4

Isn't that a boring company what you think about it?

...

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