TIP198: Daymond John & The Power of Broke (Business Podcast)

On today’s show we talk about the very popular entrepreneur, Daymond John. John rose to business stardom after creating the global clothing line FUBU. Later he became a celebrity figure on ABC’s Shark Tank. After looking through various book recommendations from our audience, we kept getting a similar recommendation: The Power of Broke by John. The book provides some great insights into Daymond’s life before FUBU and how he created the business, but the part of the book we liked the best was his guidance and recommendations for people that are starting their own business. 

IN THIS EPISODE, YOU’LL LEARN:

• How Daymond John created FUBU.
• Which advantages you gain from being broke.
• Why Proof of Concept goes before anything else in Entrepreneurship.
• Why successful business people have or has had a mentor.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
• Daymond John’s book, The Power of Broke – Read reviews of this book.
• The Scholly app that will help you find scholarships.

NEW TO THE SHOW?

• Check out our We Study Billionaires Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts. 

SPONSORS

Support our free podcast by supporting our sponsors:

• River
• Toyota
• Range Rover
• Briggs & Riley
• American Express
• The Bitcoin Way
• Public
• Onramp
• USPS
• SimpleMining
• Sound Advisory
• Shopify
• AT&T
• BAM Capital

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