Motivation Daily by Motiversity - Daymond John Will Leave You SPEECHLESS | Daymond John Motivational Speech

Episode Date: June 22, 2022

Daymond John, investor on Shark Tank, founder of FUBU, author and businessman, delivers one of the best motivational speeches you will ever hear.Special thanks to Lewis Howes for the interview: https://www.youtube.com/watch?v=IqroWej4mo4Speaker:Daymond Johnhttps://daymondjohn.com/Get Daymond's books:The Power of Broke: https://amzn.to/3aZcQghRise and Grind: https://amzn.to/3HkyVlgPowershift: Achieve any Outcome: https://amzn.to/3HAbfK9Music:Mitchell BroomEpidemic SoundDisclaimer: Some of the links above may be affiliate links. When used to make a purchase, we receive a small commission. Thank you for your continued support! Hosted on Acast. See acast.com/privacy for more information.

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I can't get nowhere in life or I don't have money I have this and that. And I realize the only difference between me, them, or any of us is what we negotiate through life. How many born with a silver smithing amount? What two is in the world? So the rest of us have gotten to a level of success or broken the cycle in our families or even just become a better person by purely negotiating. with themselves and then with others. Like most of us start, there was no belief that I could do it,

but I remember walking into a store. I saw this picture of this guy who looked like a young Mike Tyson hanging off a pair of jeans, and it was Carl Can I. And then it just hit me. I thought prior to that, we always thought that you had to be from Italy and France to design. You had to be older and like a, you know, the guys with the tape around their neck, you know, the tailors, right? And so, or whatever the fashion designer had looked like in those days.

And I thought I'm just supposed to buy from them. When I saw that, I was like, wow, that's amazing. Okay, no problem. Then I'm watching a De LaSalle video, I remember, and seeing them wearing these hats. It almost looked like a ski cap, but it has like a tie on the top. And I couldn't find that hat anywhere in Queens. I finally find one uptown Manhattan. I pay for the hat.

I come home. I show my mother. I said, look, Ma, go get $40 with the fabric. I go to the store, get $40 with the fabric. I come home. I give my mother the stuff to sew the hats. She says, I'm not sewing this. You're sewing this.

I sew, crap. Now I've got to work at this. I sew the hats, and then all of a sudden, I have all these hats and only one head. So that's when it happened. That's when I went out and sold those hats on the outside on that Good Friday, and I sold $800 worth of hats in one hour. And that's when it just snapped. I just said to myself, wait a minute.

I made this with my own hands. I went and sold this. to individuals and nobody was in my way. I didn't have to get a check from a boss. Nobody told me when or to come to work or go to work. I can't get fired from this because of my color creed or whatever the case is. I'm responsible for what's happening here. And I will either fail because every decision I make or I'll succeed because every decision

I make. When you're working with the power or broke, it does a couple of things. Number one, it makes sure that you learn the process yourself. You can't afford to hire anybody else. So all those people out there who pay $40,000 for a website when it really costs five, right? Or you can leverage it by bartering or something. Whatever the case is, right? So you have to learn the process.

And what happens during that period of time of learning the process is that when and if and hopefully you get to the point that you are successful, nobody can tell you lies. You can't have somebody say, well, I'm not going to tell you about shipping because you know you're firing me and I got to go work out of your. I said, get the hell out of the way. I've been doing this for eight years myself, right? You know, you get and you learn the process, number one. Number two is, because you don't have a lot of capital, you focus on the only thing that you can do. You don't drown an opportunity.

You don't take a bunch of money and go, we should try a bunch of stuff. Here you go. Here's 10,000, 10,000, 10,000, 10,000 here. Go. Yeah, you go, all right, what are we going to do with this hat right now? The first thing to achieve is, why do you want to achieve it? Like, what is your outcome?

Many of us walk into the room, even into the room we're talking to ourselves. And they're not honest about the outcome. What is the outcome? Why are you going through the motion? Is it because society has told you that that's what it should be? Or is it that your parents always wanted that from you? Or is it that you have been neglected in some way and you're trying to please a bunch of people that you can't stand?

Or is that you want to change the world? Is it that you know that you being healthier is going to be, able to be around in your family's life much longer or you're going to be able to stop some social injustices like what is your why first of all i just started looking at all the the best things in my life the the people that i get to motivate the the the fact that a little brown boy who's dyslexic from queens with no money no nothing came up in the world and and hopefully i can empower the next little brown boy little brown girl or anybody of any color culture or sexual preference to be not the next name of john be the next steve jobs

Warren Buffett, Oprah Winfrey, or President Barack Obama. If I can do that, then maybe that's what my life was, you know, that's what God put me on this earth for. It made me also want to live to leave my daughter's a legacy. I wanted them to be proud of their father. So I refrain from doing and having a lot of the temptations that I've seen a lot of people fall short and get caught up in and nothing wrong with that world human.

So when I invest in brands and companies, I invest in them because they're allowing me to be part of their dream, but I'm also learning from them, which is in return allowing me to go back to my special skill set and improve it. I was watching a show where a girl was, she was like, she was now living in nature. But she said, I live in Ireland, and I was fighting every weekend in clubs and bars, and I realized I was working and I was so miserable, so that was my release.

So I was working to fight because I was so damn miserable. with my life and then she started to find causes that she liked she stayed the job but she would go home in night and put some time into causes that she liked and she got out of that circumstance and move to someplace else and now she's doing what she loves it but people don't know their why but people always say well I want to be a millionaire who what are you gonna do when you get a million dollars what are you gonna do the money some people go I'm just gonna keep making money well how are okay you're gonna be a millionaire so if over 65% of the lot of winners are

broke three years after winning lotto same thing with athletes and football players yeah and football players three years out league they didn't know their why the football player knew is why or you know he knew is why oh I want to get that ball or run that play I want to become part of a championship team because I love it or because it makes me fulfilled or fun or I love going to the gym I love I love the I love I'm there for competition you know better than I do because obviously you are an athlete if you don't know your why for a million dollars well when you get the money you're going to buy a Bugatti

You're gonna buy 10 cars? But then you just have the Bugatti, right? So now what else you need, right? Are you gonna buy 10 cars? Are you going to move to Bali and live off $30,000 a year for 10 years? Carve canoes, save the turtles and invest in some stocks because stocks is gonna average out 12% every year. And you're gonna turn the $600,000 into whatever the case. And then when you come back, like what are you gonna do?

Yeah, yeah. Yeah, right. Are you gonna buy investment properties and keep doubling down? Many people go through life without their why. No single shark has taught me the most, because I learned from all of them. They're all really, really, they all are really fascinating in their space. I think Barbara, though, sometimes is the one that can influence me the most because, you know, I love marketing and branding. But I'm a one-trick pony, you know, I'll get it on a celebrity, get it on a famous show, or get it on whatever the case is, and then I'll make inventory.

Barbara will come with ideas out of nowhere. Just out, I mean, she pulls it out of the air, and they're brilliant ideas, and they're not, they're very rarely, are they similar? I don't write books to write books, and this is my third one in five years, and me being dyslexic, it is not an easy. I know feeling, man. It's really not easy. I think that a lot of people out there are misinformed. They need, they need information, and I think if you look at some, you know, a lot of your books, my books, and various other people, and then we happen to know each other, but I believe, you. that if you read a vast amount of things and you start to see that all these people

don't know each other but they're all saying something very similar and if you're applying that to your life that's how happened to me by reading no pulling hill thinking grow rich or the greatest salesman of Babylon or blue ocean strategies all these and I started to see these things that come come together it gives you a it gives you more power to go out and execute so the reason I wrote this book is because a lot of people that came up to me and started saying, I can't take control of my life or I've heard people say or act like somebody else is supposed to issue them power or somebody took power away from them. And I realize that people always thought negotiation, first of all, you're negotiating every minute of your life. And I realize that people always thought negotiations purely are transactional when you get to one, you get to the table I'm sitting across from you, right?

And it's not. It's about building influence. Then it's transactional. And the transaction needs to be what's in it for the person across the table. what's in it for you. And then more importantly, it's it's developing that relationship and letting it grow over the course of time and doing 10, 20, 30, 40 other deals or having 10, 20, 30, 40 other people telling other people how great you are to do other deals. And people always thought that it was like that. So I ended up putting in the book. They say that the first, the one who says the number first is the one that loses and things that nature. I actually like the negotiation part of laying it on the table. Here's where I'm.

at with this here's what I seek here's what I want here's what I want and here's what value that I could bring to you and I think it just takes the it takes the question out of the room you know what if you could have gotten more or then you well then you could have gotten it more but what if what if you what if you say something someone's well we're not even in that ballpark right right you can always up sell you can always say here's here's where I would like to be and then someone and here's what I'm willing to give me like oh well we want more And then I'd be like, okay, but I gave you where I was at, but it cost me more.

Right. Cost me more time or energy or product or inventory or whatever the cases or relationships, you know. What do they say? There's only three ways to deal with a customer, acquire a new one, upsell a current one, or make one buy more frequently. Imagine the greatest version of yourself walking toward you. What would he look like?

What would his energy be? He would be kind, but informative, but also stern and tell you when you're, you know, when, if you ask or be very real with you about advice. I think I'm living the person that I want to be right now, you know. I'm very happy with who I am. So imagine it's your last day on Earth many, many years from now. But you get to leave behind three things you know to be true from all the lessons you've learned that you would share with the rest of us here on Earth.

That I would leave with other people that they have to constantly educate, keep educating themselves. Number two is that they have to steal away time. for themselves at any given moment with themselves and with their family because you never know when you're going to leave or if somebody else is going to leave you and number three would probably be just really learn as much as you can to forgive and to love