S3 Ep26: Teaching Kids Financial Literacy with Daymond John

Teachers Off Duty

Bored Teachers

Comedy, Stand-up

4.6 • 2.5K Ratings

🗓️ 12 March 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, we're diving into the Shark Tank with Daymond John to explore how to teach financial literacy to kids and discuss his latest children's book, Little Daymond Learns to Earn. Daymond is a well-known entrepreneur, investor, author, and TV personality who founded FUBU, a hip-hop apparel company, and has appeared as an investor and mentor on the popular TV show "Shark Tank."

Aside from his successful business career, Daymond is also a motivational speaker and author of several books, including "The Power of Broke," "Rise and Grind," "Powershift," and his latest children's book.

During our chat, we delve into topics such as who the first teacher in a child's life truly is, how educators can increase their earnings, and the financial lessons that schools should teach children.

This informative and star-studded episode is not one to miss, so be sure to tune in and subscribe for more!

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Transcript

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0:00.0	This week on Teachers Off-Duty Podcast, we're jumping into the shark tank with Damon
0:03.8	John to talk about financial literacy and his new book, Little Damon Learns to Earn.
0:30.0	Welcome back everybody for a very special episode of Teachers Off-Duty Podcast. Today we're
0:49.0	talking about teaching very important life skills to young children and the person we have
0:54.8	doing this, he's fantastic. He is a multi-billion dollar investor, CEO of Fubu. Mr. Damon John is in the house.
1:02.6	All right, what's happening? Damon, we are so happy to have you here. I mean, you are such a perfect
1:09.0	person to talk about this whole concept, talking about financial literacy and teaching it to young
1:15.2	kids. And before we dive into that, for anybody who's been living under a rock, tell us about yourself,
1:21.0	tell us a little bit about your history. History came up in New York City, love this new kind of
1:27.3	musical hip hop, but I couldn't rap singer dance. I decided to come up with a clothing line that
1:34.2	was really like the uniformer hip hop. And you know, that would give me some notoriety around
1:42.6	the world. And I saw him messing in other clothing lines. And then all of a sudden like a
1:48.0	golf or something. So let's start back where my job is to teach these other poor,
1:55.3	idiot sized, and then as well as invested in other people and get Marvin to take their medicine.
2:03.2	And then, you know, that's my job. That's so cool. And before you came on, I was talking with some
2:08.9	of the, I'll talk with Tell Lauren. I said, you know, when I was in high school in our business class
2:13.6	every Friday, we would watch Shark Tank. So it's so crazy when watching you in that setting. And
2:19.8	now all of a sudden we're interviewing you. It's so, so cool. So I love that you're an entrepreneur.
2:25.4	You know, you have this clothing line, but you also are now an author. So we've read a little
2:30.7	Damon learns to earn. I'm a pre-K teacher. So what I loved about that is as I was reading this,
2:35.8	because I was telling them like, I don't know. Like we have dramatic play for money and stuff. But
2:40.4	as I was reading your book, I'm like, oh my gosh, my pre-K kids would love this. So you're one of the
	...

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