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‘Driven to Help Others’: Daymond John Wants to Pass On His Keys to Success

On Nov. 4, Finurah will present its inaugural one-day virtual wealth summit. We will bring together thought leaders, proven experts, and the community for lively discussions on creating generational wealth, financing and more. Get access to the Finurah Wealth Summit 2021 here and click “Going.”

Back in the 1990s, a young Daymond John was a hip-hop head. Besides music, he also had a love of fashion. He began sewing sweatshirts and hats in the living room of the house he shared with his single mom. In 1992 he launched the hip-hop-inspired company FUBU (“For Us By Us”). By 1998, it generated $350 million, and at one point FUBU was worth $6 billion.

Daymond John to join Finurah’s 2021 Virtual Wealth Summit Panelists. (Photo by Roy Rochlin/Getty Images)

The company helped solidify streetwear in the fashion industry.

Today, John is one of the most popular and successful Sharks on the hit entrepreneurial show “Shark Tank.”

The star and business expert will also serve as the keynote speaker for Finurah’s inaugural virtual Wealth Summit on Nov. 4 from 10 a.m. to 5 p.m. ET on Facebook Live.

John and other African-American finance giants will participate in the Summit with a 45-minute “Fireside Chat with Daymond John,” scheduled for 4 p.m. ET. Keith Clinkscales, former CEO of Revolt and founder of KTC Ventures will moderate.

As a Shark on the four-time Emmy award-winning ABC television show “Shark Tank,” John has invested $8,567,000 into budding entrepreneurs, according to Shark Analytics.

Many of his investments have been successful, like sock company Bombas, which has grossed $225 million in sales. For every pair of socks bought, one is donated to a homeless shelter. Bombas has donated five million pairs of socks to the homeless.

Daymond John Gives Words of Wisdom to Black Entrepreneurs

John not only invests in businesses that help people, but he also loves giving advice to African-American business owners.

“It’s very true and dear to my heart, because being a Black entrepreneur, being somebody who didn’t have all the resources or didn’t even know where the resources were, I’m driven to help others get to where they want to be,” John told Entrepreneur.

Click here at Finurah.com to read more John’s advice.

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