YouSaid · the spoken record

Daymond John

lines on the record: 73
first: 2019-11-04
most recent: 2019-11-04
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Very hard. I always contradict myself because I don't believe that there is anything such as luck. I just believe it's determination and drive meets opportunity. But when I look back and I sit there and I say, see who I am on this national platform, able to change lives, father of three and a Pisces, I say to myself, wait a minute. You know, God has had to bless me in various different ways. And that's why I worked so hard to try to pay it forward to other people because it's got to be some kind of luck. I don't know why I was chosen. I have no idea, but a lot of it is determination drive. But I think there is a bit of luck on what's going on in my life.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“No. I don't because I remember I was so unprepared. I give those people that walk in front of us way more respect than I give myself when I was pitching because those people are night and day comparison to Damon John. So I value what they're doing. And I do though I care for them because, you know, I love to see the people up there that they put all the work in and they just need a little extra step. And so I value their guts and I value their entrepreneurial spirit.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“I went for an audition and they ended up using the pilot as the first couple of episodes, Shark Tank. And before I know it, the show that I thought would never get anywhere and sucked with these, you know, five business people just talking business all the time. Who wants to see that Before I know it, you know, going into our 10th year.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“So I wanted to start paying it forward and educating people on what I went through and trying to, again, show them where the landmines were. So I started writing books and I wrote a first book called Display of Power and it talked about the fact that we all have the same engine underneath. Our hoods, but are you going to tap into what drives you and what can make you? And bring you success. And I started to go on to stations like MSNVC, Donnie Deutsch, CNBC, talking about the book. And Mark Burnett's crew saw me and he had a show called Dragons then that was already popular in Europe and Japan coming over to America. And he said he wanted me to be a shark. And I said, Yeah, whatever. Why not? Let's try it. It sounds like the show sucks. It doesn't matter, but I'll go on anyway.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Well, I think it was you didn't want to force it on the consumer. That's how I felt, and I think that if the stores weren't like, oh my God, I have to have it, then, you know, we needed to find something else to give to them and just put, you know, foo, not on a back burner, but kind of just slow down. So just really adjusting the way the visibility of the product.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Well, what we did was we reduced most of the distribution of it. I mean, we still obviously kept our categories, but we would really narrow down to just a couple of stores just to test the product. See how it's going because we felt that it just needed to cool down. And more importantly, we would reduce all the logos as we could. So because people, you know, they already had 10 years of food boy in their closet. They already thought that, you know, it may not have been for them at the moment because it goes through cycles. And a hot brand lasts five or maybe six years, maybe seven years. So we kind of just slowed the brand down.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Is not just a black thing. And then when you start to have too many goods or overruns of goods, then you sell it to the places such as Burlington and TJ Maxx. And those customers come in and they're price conscious customers. They're just not looking for a brand. They're looking for some good old draws. The good old socks, good old jeans, and they buy. And a lot of us, I see so many parents and grandparents with my stuff on going, I know this is Fubu until I looked at the label. I had it for 10 years. My son bought it for me. So Fubu just has its own interpretation from various different people.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“So many people. So in America primarily, you know, African American and or people who loved rap music of all colors. I remember, you know, we first put in sync in one of our ads. You know, we started getting so many calls from stores in Nebraska and Ohio. Like, hey, you know.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“And you start to put other licenses on so bags, shoes, boots, fragrance, suits, bedding. And each one of those are doing 15 or 10 or 5 million apiece socks and things of that nature. And that's how the scalability got to 350. But, you know, 350 million dollars in the fashion business is great, but it's not, you know, listen, underarm is doing 3 billion or 4 billion. Puma's doing... 12 billion. There's real numbers that are out there, even though I'm extremely proud of what happened. But that's how we started to scale.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“I don't know. It's all a fog sometimes Is this rocket ship? But it was having really great partners and mentors all around and being able to have these systems put in place where we could start scaling. But if you want to simplify it, you know, if the men's division of what we were doing, we were doing approximately, let's say argument's sake, we were doing a hundred million dollars. By that time, by three years, what happens is after year one, you get a license, comes aboard. Jordash was our first license, and they came aboard and they started doing ladies glows. So now we're doing 100, say 150 million in men's. They're doing 100 million alone in ladies. Wow.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“No, not at all. Know where these people, I don't know when somebody's biased or something like that. I don't know what they've been exposed to in their life. Maybe they weren't around certain other people and maybe they just need that one person or that other person in their life to come into their life to hopefully show them the difference that people are people. I also felt that I wouldn't be here if everybody knew what I knew. So if they all were that smart, then there would be no place for Dame and John. So I can't spend my life being worried about what other people think or the ignorance or the challenges they may have had growing up. They may just have the wrong family members in their life telling them the wrong things. But, you know, listen, the glass is half full and I believe love doesn't come into color or agenda. And we have so many beautiful people in this world that the people who don't understand that are suffering.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“They did. So they, first of all, they were scared. I actually did hear many stories say we don't want a lot of those type of people in the store because they're going to have shootouts and or shoplift. I saw a large retailer did ask me to take the picture of myself and my three other partners off the hang tag because they said we look like a gang. So you got to understand the ignorance of some of them.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“That really wasn't hard at that point because we had already had six or seven years full of really servicing specialty stores really well. And retailers, it actually would have to stop the retailers. We'd have to not allow them to purchase because some of the kids would look at some of these big retails and say, well, now food was not cool anymore because it's in these big retailers.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Up to par, and we'd say, okay, why are the money over here? Here's who we're working with. I mean, all of it still landed on us. The only area where I felt that obviously it was giving us the ability to scale is number one, the stores knew they were going to get their goods in time.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, but I mean, the work was still up to us. They were just financing. We still had to market, even though they had to manufacture, they manufacture in the source of funding the manufacturing. We would have to find the... We'd have to find the factory, the factory would have to be.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“So Samsung, this huge textile manufacturer, all of a sudden, is making your clothes and distributing it. You're going from a tiny little mom-pa shop to working with the biggest textile maker, one of the biggest in the world.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, of course I was nervous. I wanted to present it. I brought my mother with me. Later on, you know, my partner is a Samsung would say, you know, first meeting we ever had for a potential investment or whatever structure that somebody brings their mom I'm like, hey, well, mom's pretty smart, so I'm gonna bring her with me. And, you know, I didn't think I was going to hit $5 million worth of clothes in three years. I barely even sold the first $300,000 worth of clothes. But I had known my customers so well because of all those things that I was doing that as we started to put the brand out there, we did about $30 million in three months.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Samsung, the head of Samsung's textile division. Because Samsung makes everything from nuclear reactors to cars to phones. And the textile division saw it and said, Hey, why don't you come in? I like this opportunity here. We finance textiles. And the deal with us was. That they would finance the manufacturing and distribution of our product, but we had to sell $5 million worth of clothes in three years to keep the deal.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, so 33 people call that ad 30 of them, 125% interest had lived in their attic for collateral. Of loved ones in case I got lost, you know, offers I can't refuse.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I was panicking. I was panicking for sure. I didn't know how to get out of it. And then my mother comes over to me and says, I have an idea. And I said, what? She said, you need a strategic partner. And I said, What the hell is a strategic plan? She said it's OPM, Damon. OPM doesn't have to be other people's money. It could be other people's manufacturing mind power, manpower. Marketing. I said, all right, well, what do you mean? She said, I need $2,000. So I didn't have $2,000. I go back to Red Lobster and I work for a month. And I come back home and I give her $2,000 and say, what are you going to do with the money? She said, I'm going to take an ad in the newspaper. And I said, that could be the stupidest thing I've ever heard in my life.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“I'm gonna go in bankrupt and losing the house and losing all the orders that I had. Those stores are not going to trust me again because if they're waiting six months for something to come in, when they give you these orders, it's the orders that they're not giving somebody else that they could be turning other goods. So now they're losing faith in me. And it got to be, it was a really, really dark time. And I see this a lot now in entrepreneurs who don't realize what they don't know”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“It was hard. I think we filled about 75,000 dollars worth of those orders until I turned around and I only had $500 left in the bank. And I was about four months later on the mortgage. Again, I didn't have financial intelligence at the time, and what was happening was I was paying for the setup of the machines and bringing all the royal goods here. So I had to pay for all that in advance. Then I was paying for the salaries of the people that were working there for me, and that money was going out. The stores, when they received the goods, they didn't want to pay you for $15, $30, $60, 90 days. And my lack of financial intelligence was starting to just underline how this company was never going to go anywhere. And now I made $70,000 worth of the goods that I have a $300,000 order on, and the stores are starting to say, you're not delivering this in time. We're going to start canceling the orders.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“So we get all these sewing machines, we get a cutting room, we hire a bunch of seamstresses, and we hire somebody to cut the fabrics and trim the fabrics, and we create a factory in the middle of Hollis Queens, my house to”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“It was a really big risk. I don't know anything about manufacturing. I may know stuff about putting an embroidery on a t shirt, stuff like that, but as far as I know, I've only heard about manufacturing as over in China, but I'm not going to risk my money over in China. What happens is my mother moves out. My friends all move in my house. So we start all paying $75 a week for the room that they would rent out of my house. So I have now six friends all living in my home. And all the furniture I couldn't sell I took out in the backyard and we all chopped it up and we burned it all in the backyard because we wanted to make room in the house for sewing machines because we weren't going to trust $100,000 of our money overseas with somebody we don't know. We knew that we just weren't sharp in that area.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“And once you sell the clothes, you put the money right back in. And hopefully you'll have a nice profit. So she goes out and she gets a hundred thousand dollar loan on our house.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Why would they take the risk? I had no history. I had really, I couldn't collateralize the home. I didn't do it at the time because my mother wasn't allowing me to go and put that up at risk. So, you know, I don't blame them. I wouldn't have given myself the money. And then my mother, I remember, coming home and she came home and she said, you know, you've been working on this house as long as I have. You put as much money as you could into this house and we have some equity in this house and we need to go out and I wouldn't do this if you didn't have $300,000 in orders because this is all we have. Let's go out and let's take out as much equity as we can on this house.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I didn't know how to fill out a loan application. I didn't know how to, you know, as much as I was reading P&Ls, how can I write a P&L on a business that I never have grown past 200 shirts at a time or 5,000 shirts at a time, right? I didn't know how to project what 300,000 dollars would turn to. And I kept getting turned down by banks”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“That was a big question, right? I didn't know what I didn't know. And I wasn't part at that time knowing all the things I know now. I wasn't part of the Chamber of Commerce. I didn't have a financial education. I didn't even have an accountant at the time. So I went to all the banks I could, and I got turned down by 27 of them”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“No, no, they're something. Worked it out, and you know, we would write $300,000 in orders, and that's when I would realize.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Would have the football one and I would see brands that I felt were like ours. So if I would see Timberlyn or whatever the case is. I stand outside their booth and say, Hey, how you doing? Hey, I got this new brand named Fubu, and some people will be like, would say. The forest buyer stuff? You're here. Where are you? Where's your boot? Come on. I walk over your boot. All right, well, instead of walking on my boat, you want to hop in a cab or a bus because my booth is over at the Mirage Hotel.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“You know, Lou probably each one of us had on us maybe $30 a piece by the time we got there. So we sneak into the trade show.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“But that's where all the stores go twice a year, and they basically say, you know, they'll go and see your Ralph Lorenz, your Nikes, your food was of the world, and they'll say, okay, this is what we want to come in for spring. This is what we want to come in for fall. And as I would go out to that show, my friends and I would scrape up our money and we would all go on buddy passes and standby. My mother happened to work for American Airlines at that time. So we all flew into California and flew into Nevada and took the buses over because it was too busy to go into Vegas being on standby. We got a small hotel room a couple of miles away from the trade show, and we put our clothes all in the corner of the hotel room, stuff on the beds and on the floor. And we would sneak into the magic trade show.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, so it's the magistrate show, the magic stands for men's apparel guild in California. It's held in Nevada. I know. I'm a little confused at it myself.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Would require a lot of money at first, so of course, you know, like many businesses, I leveraged my credit cards up until I think my partners and I, all of us leverage our credit cards up until about $50,000 with a very high interest rate, which is not the smartest thing to do. And then it all culminated to when I decided to go out to the magic trade show in Las Vegas.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Now is about time to put my game face on, and it was about time to start looking at the numbers and being a real businessman, even though I wasn't. So I started to put this plan together on how many retail stores would take my product, how many we can ship and start taking out ads such as write on and black beat magazine, and how can we start shipping these shirts across the country and also how many street corners can we sell them on with in regards to flea markets and street corners? And I started to do that. I saw to reduce my hours of rel lobster, and I started to put in more hours here. And then I started bringing in two and three other partners to help with the man hours that we needed.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“I think we had 50 shirts, and I owe Ralph so much as being one of my mentors and somebody who was a mentor to the community that he really put us out there. And after that, all the rappers, all of them were ready to wear our stuff because Ralph gave us the thumbs up.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“And Ralph is really known for breaking most of the music artists from, I would say, 85 all the way to 98. They all had to really, really beg him to go on his show. And we put on the bodyguards around Ralph, and we found out that Ralph was going to Teddy Riley's concert or Teddy Riley had a weekend that he used to throw in Virginia. So we said, all right, we're going to take the train down there because we know he's not going to know as many people in Virginia. So we'll be able to get to Ralph easier. And we got to Ralph and he said, I won't look at your stuff. I know who you are. I want to put you on my show. Wow. And he did this interview with us, and we were so scared to death, but he told everybody that Fugu was the next best thing.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Well, they started to know a little bit about it in the tight community we're at. And then this one thing that just put me on the map was we would dress these two or three bodyguards that work for a guy in New York named Ralph McDaniels. And Ralph McDaniels show video music box is probably been on longer than MTV or it came out the same year.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“So that was our first plan of attack for the first six months get these same 20 shirts out to these guys and that's what we did and we just would do that and before you know it These guys were walking billboards and the artist started to say what am I chopped liver? Are you giving it to you know this guy over here? And I can't get in. I'm like, well, I don't know. We don't really make it your size. You're not going to really wear it. No, I wear it. I don't know. You sure? Yeah, I'm sure. That was our strategy when we first started to really launch it.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Right. So, what we do was we just found a place that made 4x, 5x, 6x shirts, and we made 20 of those shirts because We may twain them because we knew that if we gave these guys these shirts, these guys were normally bodyguards, not all of them, of course, right? But the ones we did give were the bodyguards. They were in front of the clubs. They were bouncers or something like that. And we knew that they would not just wear it once and do something and wear something else like the more stylish kids who don't want to be seen in something twice. We knew that these guys would wear it forever.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“So, when I finally got to the level of 1992 when my friend J. Alexander came back from fighting Desert Storm and he had had a couple of dollars, he said, I want to put in some money and I want you to take this thing serious. And my plan at that time in the neighborhood was. The big black guys in the neighborhood had little options on what they can have to be very stylish. So they had to go to Rochester big and tall and get a big white shirt or a black shirt, or they had to pay a lot of money to get their stuff custom made for them because nobody was really making if somebody was really.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I mean, that had happened once or twice, but the best permit ever when you're selling stuff on the streets is being able to run faster than them. That was a great permit”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“I need some more. And I would keep opening the business back up because the business started to call me instead of me calling the business.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“The while working at Red Lobster at night and sewing the hats and delivering the hats at the same time and trying to source the goods. Yeah, I mean, but enjoying and loving what I was doing, it was kind of like this new discovery, this path that I was going down that I was just so excited about. To say that, I also have to say that through 89 and 92, I closed the business three times because I ran out of money because all these development costs, all the gas, all this going on those trains and cars to go in these places, I would run out of money. I would only run out of like a $500, $1,000 before you know it. I walk down the block, somebody would say, hey, aren't you the little kid that sells FUVO? I say, yeah. They were like, I need some more. I've been looking for you. What do you mean you've been looking for me?”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Yellow pages, cold calling. If you drive into New York City, you'll see some sign on a bridge that'll say New Jersey, the embroidery capital of the embroidery capital of the world. So what do I do? I take a train in New Jersey and I start walking around. Wow. I start walking around saying, you know, embroidery places, you know, embroidery places. I mean, just not stopping. Getting up at 6 o'clock in the morning and just hitting the subway.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“I was ripping the old labels out. I was sewing these labels in. I would then start going to screen printers and start putting screen printing on the shirts. Then the next step up after that was to go to embroidery places to start embroidering the shirts to get a higher quality. I kept improving the product, improving the quality. And to basically see the resistance or the acceptance of customers, what level would they buy it at? How much would they pay 30? Would they pay 60, 90? Do they like extra large, large, red? I wanted to just really start to understand the customer. So I had to keep going back and improving whatever I was doing.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“I was going to physical shops down on the Lancet Street area where people knew they can go and buy shirts, and then I was starting to order as many catalogs as I could of people that were selling sweat shirts. So like CCM, the Jersey company would sell CCM jerseys that were blank or I would go to Boulder, the Boulder Company in Boulder, Colorado. They would sell sweatshirts. So I would just start to source as many places as I could, find something of high quality that had no name on it. And they were using it for that purpose. They were premium companies. They were the same company that would sell it to any. Large companies so you can put your company name or logo on it.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Started really, you know, refine the way I made the hats, get better quality of hats, you know, get better Fubu logos on them, and then start to put t-shirts there and then start to say, okay, well, I can't just hang out here in the mall and sell these t-shirts. So where can I get a booth at or where can I go to? So I started to look at other places and outlets. Then I started walking over the stores that were outside that mall saying, hey, I'm usually outside this mall on the weekends, but if I can't be here, can I put some shirts in your place or hats in your place on consignment? So I just started trying to figure any and every way out that I can increase my sales and my exposure of the product.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Well, I was on my way home, and I remember counting on Monday, and I was so excited counting the money. I just couldn't believe that I actually came up with a concept and I sold it. And it was dependent on whether I... I could sell it or not, and then I just looked up. And bang, I hit a car. And I remember that guy getting out, and it was a nice car. And I remember him going out. And I said, man, I don't have any insurance. I'm sorry. He said, all right. How much cash you got on you? I said, I don't know, $800. He said, all right, give me it. I'll take it. And he took the money and”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT
“Three dollars, I don't think so because I bought four dollars worth of fabric and created 80 hats. So that means they were 50 cents.”
2019-11-04 · How I Built This with Guy Raz · FUBU: Daymond John (2018) · IDENTIFIED FROM THE TRANSCRIPT