Daymond John Talks to Black Enterprise Ahead of Black Entrepreneurs Day

John Daymondwidely known as the well-dressed, well-spoken investor and co-star of ABCthe four-time Emmy award-winning show shark tank is in many ways the face of black entrepreneurship.

Appointed by the President obama As a global ambassador for entrepreneurship, John manages a multi-million dollar empire that includes fashion, media and philanthropy.

John founded FUBU in 1992, and the brand has become a cultural sensation with the biggest names in hip-hop sporting the line. The impact of FUBU has lasted for more than 30 years. At its peak, the New York-based company operated up to 200 stores worldwide and made over $350 million in sales.

FUBU’s 30th anniversary coincides with the third annual Black Entrepreneur Day hosted by John, presented by Chase and held at the famed Apollo Theater. FUBU CEO spoke with BLACK CORPORATE before the scheduled event.

“Money is purely simple. It goes from the uninformed to the informed.

John told the black business.

Talking about the problems he wants to solve, the investor and TV personality said, “It was never about making money. It was always about being part of something bigger. It is information that makes the difference in everything you succeed in. Whether it’s health, relationships, or learning on Black Entrepreneur Day about the mistakes successful people make, it’s important to get this information.

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(Image: Courtesy of Black Entrepreneur Day)

(Image: Courtesy of Black Entrepreneur Day)

Building on the success of last year’s event, Black Entrepreneur Day will bring together iconic black business celebrities and cultural icons to inspire, educate and entertain.

“The driving force of educating people to excel, grow and make change is what matters, and it usually works when it’s done for the right reasons,” John said.

“The feeling of starting something from the bottom always comes back to me when I embark on an endeavor like Black Entrepreneur Day.”

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In 2021, the event drew nearly 7 million views, gave away $250,000 through 10 NAACP grants, and won two Webby Awards. New to this year’s event are “Game Changer Conversations” featuring Spike Lee, Tracee Ellis Ross, Venus Williams, mike the killer, Shaquille O’Nealand a live pitch contest from the Apollo in front of a three-judge panel.

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John gave advice on the importance of goal setting and branding for entrepreneurs.

“As a dyslexic kid from Queens, NY, I didn’t have access to life-changing lectures.”

“My advice is to attend as many events as possible virtually or physically to see successful people like you. Be sure to go to events like BED [Black Entrepreneurs Day] see more people reach high levels.

“…and learn to pitch!” »

As BLACK CORPORATE Previously reported, John announced that Black Entrepreneurs Day presented by Chase will be returning for its third year, streaming live from the World Famous Apollo Theater in Harlem on October 27 at 7 p.m. ET on BlackEntrepreneursday.com, Facebook, and more.

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