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Daymond John Quotes
I'm a big advocate of financial intelligence.
An entrepreneur must pitch a potential investor for what the company is worth as well as sell the dream on how much of a profit can be made.
A savvy entrepreneur will not always look for investment money, first.
Learn as many mistakes and what not to do while your business or product is small. Don't be in such a hurry to grow your brand. Make sure that you and the market can sustain any bumps that may occur down the road.
Good grooming is integral and impeccable style is a must. If you don't look the part, no one will want to give you time or money.
I consider each business investment based on concept and revenue.
I look to work with businesses that know what they are doing but need larger distribution or exposure.
If I invest in a CEO, I need him or her to have experience in sales.
In my mind, there are too many copycat web products out there that are doing the same thing.
Poor people put a low value on themselves and their efforts.
When you have a large amount of the workforce being laid off, some of them have no other choice but to go out there and invent something.
You don't have to work for a big corporation if you don't want to.
Fortunately, right now 'entrepreneurship' is one of the business world's biggest buzz words and so many young people in our country are looking up to this new generation of CEO's as their modern day rock stars. Whenever you have that effect, it makes the job of promoting entrepreneurship much easier.
I think Wall Street is very important, especially to tech companies. Wall Street will get in their rhythm and go fund tech companies, and tech companies will go create jobs and employ a lot of people, so there's that aspect of Wall Street.
I've come to learn that my initial investment is more about the person versus the product that I am buying into. I've also learned that I really do enjoy giving worthy people an opportunity of a lifetime.
The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. Because if you just invest in one, next week, somebody has a better mousetrap, and you get taken to the cleaners.
When looking at trends I always ask myself basic and timeless questions about business, and the one I seem to always come back to is, 'How is this different than anything else in the marketplace?'
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