A Masterclass On Making Important Life Business Decisions | Daymond John

0:00How's the new place? Get your Wi-Fi figured out? I got T-Mobile 5G home internet and I'm loving it. It's the fastest 5G home internet. My old provider was so slow. Mine is slow. And only 35 bucks a month. Do I need to try this? Try it for 15 days. Love it or get your money back. I love it already. There are over 250 reasons to join T-Mobile. Find yours and check availability at t-mobile.com slash home internet. This is according to Oculus B test intelligence. Date a second half of 2025. All rates reserved for T-Mobile back guarantee within 30 days of cancellation. Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

0:44What do you think is the one thing you could do this year to help you drastically increase your revenue or income with everything that you're doing? Is it, you know, the food booth thing or reinvesting back in yourself? Is it taking a couple things and going all in with a few things or?

1:00Daymond John:I think today, you know, if I was going to maximize, then it would have to be, you know, really looking at the 80-20 at the company and personally, meaning what is the 20 % of stuff that is creating 80 % of the revenue and or joy or time in my life, whether it's personally or whatever the case is, and really digging deep into that thing. And a lot of times people don't want to look at the 80-20. I do look at it as often as I can, but I'm human as well. I get caught up in some things that may be from a reason I think needs to be done. And I get off track, but I have to go back to my goals and look at them.

1:34Daymond John:But, yeah, it would be the 80-20. Like, what are providing the 80 % of revenue and or joy for my staff and myself and keeping people there? What do you think that is right now? I would say that FUBU right now is doing really well. We have a collaboration out with Puma, and that's having a resurgence. Of course, whether it's 80-20 or not, the new people that come on to Shark Tank, I need to invest in because they gave me the opportunity to invest in their dreams. And it's their time right now, and I took on that job of making sure that I do the best for them. And then my personal brand, as I get out there and I start to educate people, because for a long period of time, I didn't want to necessarily you know, I want to go out and educate because I didn't want people thinking Oh my god, he's trying to make money selling us books and curriculum But you know better than anybody else you don't make money for books, right?

2:28Daymond John:Yeah, you do it because you want to change people's lives and now I realize that Unfortunately, there's too many people out there is selling people insecurities in this world And that I do need to come out with more products and ideas because I was put on this public stage to show people that my dumbass can make it everybody else can. And then I need to create more curriculums like Damon on Demand or like Rise and Grind or The Power of Broke or my DJ Success Formula or Speaking Engagments or whatever to empower people and not feel guilty that hey, you know what? I gotta charge you because I gotta get the lights on.

3:03Daymond John:I gotta pay the staff that's traveling around or the writers and everything else. So I think to improve more of what I'm giving the people to show people that you can make it and you don't have to have a lot of money. You gotta just be able to ready to bust your butt and get out there and do it. So again, investing in myself to get this information out to the world on my podcast and things of that nature yeah yeah what would you say is the thing that you're excited about the most right now i'm excited about everything i do to be very honest but i'm going on 10 years on shark tank um the next oprah winfrey or steve jobs or bill gates is in their pajamas eating cereal watching shark tank and they're going to get up here and they're the film knights of the world they're going to go and they're going to change the entire world and they're 12 years old right now eating cereal in in their pajamas saying, I'm gonna be that next person.

3:48Daymond John:So, Shark Tank is absolutely amazing. Having books when you're so close to it a lot of times that when you finally put it out and you see that it's changing people's lives, I'm really, really excited about that. Of course, like I said, I'm so on this health thing that I'm realizing how screwed up I was prior, right? And that I'm gonna figure this thing out. I have my little girl, of course, and my two older girls. And my two older girls, as most people watching or listening to this, most parents would say to themselves, you know, was I a good parent? And did my child grow up to change the world?

4:28Daymond John:And I'm seeing my two older girls are being the grown-ups, be the women that I wanted them to be. And that they're adding a positive impact to this planet. I'm really looking forward. this year I'm looking forward to acquiring a lot more dad jokes to just make me that guy. I gotta send you some. What's your favorite one of all time? The pirate one was pretty good. No, I have a lot of them. There's no one favorite dad joke. And they come anytime, right? So they can come at any time and then you won't even laugh at them right then. You may laugh at them. Later. Yeah, a lot later. Like, you know, like what does the pirate say when they turn 80 years old?

5:05I'm 80. I made it. That's going to hit you by 2 in the morning when you get up to go to the bathroom. That was good. That was good. Oh, man. What about...

5:23What's the thing you're most proud of?

5:27Daymond John:I'm most proud of being able to escape the clutches of everybody else's goals that they set for me when I was 16 and 20 years old. like most of the people that grew up in neighborhoods, that people told them they were going to be dead or in jail or that they weren't good because of their color, their skin, or education, or because they didn't have any money. And I escaped those goals that were set for me by society, by people in the neighborhood who may not have had the right support system around them. And I defied those odds, and I became a person that I'm very proud of who I am today. and people could look at me and say if he can make it I can make it and that's that's the thing I'm most proud of I died a day but tomorrow or 50 years from now I don't there's nothing in my closet that I need to hide yeah there's nothing that I need to second-guess and it was okay it was okay doing the right thing when I when I had like everybody else listening to us had the option to do the wrong thing it was okay to do the right thing

6:40I have a brand new book called Make Money Easy. And if you're looking to create more financial freedom in your life, you want abundance in your life, and you want to stop making money hard in your life, but you want to make it easier, you want to make it flow, you want to feel abundant, then make sure to go to makemoneyeasybook.com right now and get yourself a copy. I really think this is going to help you transform your relationship with money this moment moving forward. We have some big guests and content coming up. Make sure you're following and stay tuned to this episode of The Daily Motivation Show.

7:22Thank you so much for listening to today's episode of The Daily Motivation, and I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. that will take you to the full episode of our main podcast on the School of Greatness. And if you are loving the daily motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple Podcasts right now. And if you want more exclusive content and ad-free listening experience, make sure to subscribe to our Greatness Plus channel on Apple Podcasts right now. And if you want to get even more inspiration from our world-class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the Greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.

8:12Again, have an amazing day and I'll see you tomorrow with another episode of the Daily Motivation Show.

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