You Can Take My “Chip on The Shoulder” Investing Secret to the Bank!

—By Daymond John Star of ABC’s Shark Tank & Founder of FUBU

Date:

I define success as waking up every day and doing what you want to do.

I’m very fortunate to have earned most of my wealth following two of my passions. The first was launching my own startup and the second is my later career as an angel investor.

I used the same secret to win at both. It changed my life and my angel investor’s.

So I’ve decided it’s time to pay it forward.

I’m going to share that secret with you below. And you’ll see I’m also going to help you apply it in the real world.

If you’re a fan of Shark Tank, you’ve probably seen me apply this secret to my investing many times.

I’ve found that nothing fuels an entrepreneur’s desire to succeed more than a “chip on their shoulder.”

I’m speaking with firsthand experience.

When the press writes about my “rags-to-riches” story – they tend to focus on the fact that I launched my clothing line - FUBU - in my mother’s basement with $40.

Then magically, through hard work and perseverance, my startup grew into a $6 billion fashion empire.

But those same articles regularly fail to mention that I almost went bankrupt three times,before achieving my American Dream.

And they rarely reveal I achieved it thanks to a chip on my shoulder. What was it?

A BIG one.

You see, I was an entrepreneur from a very young age.

When I was 10, I handed out local store fliers for $2 an hour.

And when I was legally allowed to drive, I was behind the wheel, shuttling people in my Queens neighborhood back and forth to make a buck.

They’d just shout my name out their windows and I’d pick them up.

If I was born in a different generation, I might’ve invented Uber.

Instead, I dreamt of getting into fashion. But my American dream lacked clarity and direction. That was, until I found that chip on my shoulder.

It’s the early ‘90s. And I was blue-collar, but I liked to wear fancy clothes, because I earned them. And Timberland boots were my favorite.

One night I got home from my double shift, waiting tables at Red Lobster. I opened up the newspaper and saw this…

I was offended when Timberland’s CEO decided to tell everybody in my neighborhood, we represented the “wrong image” for his company.

Here’s this guy describing my friends and family as “drug dealers” and “gangbangers.” He didn’t know any of us.

I decided right then and there to create clothing for people in my neighborhood. Clothing that was “For Us, By Us”… aka FUBU.

In FUBU’s early days, I would come home from double shifting at Red Lobster and sew hats into the early morning. Then I would sell them outside the mall even during snowstorms in the dead of winter. There was no stopping me.

I had something to prove.

A few years back, Forbes reported that “most families are missing out on a huge wealth creation opportunity.”

That opportunity? Becoming angel investors in privately held startups. Forbes was right.

A multi-decade study from the Federal Reserve determined angel investors can beat Wall Street by 1,650X.

Meaning, for every $1,000 an investor makes in the stock market – there’s an angel investor making $1,650,000 betting on startups.

For example, did you know that in 2010, Uber, the startup, was worth just $3.86 million? Last year, Uber, the stock, was valued at a stunning $116.97 billion.

The earliest angel investors witnessed that valuation soar, exponentially, 3,030,211%.

This is how real “Sharks” invest.

When betting on entrepreneurs - before the world knows them by one name like “Gates, Jobs, or Musk” – you become a part of their stories. If you’re lucky, a part of history.

Thanks to some advice from my angel investor, I landed the deal that ignited FUBU’s rise. And I realized my American Dream.

So when you have a chance to bet on an exceptional entrepreneur who is carrying a big chip on his or her shoulder…

Put your money down on that individual as fast as you can.

They’ve got something to prove. Now let’s help them prove it.

I’m launching a mission to discover our country’s next generation of innovators and visionaries.

And I’m recruiting Mainstreet Americans to help me.

I’ve called in every favor to enlist some of the earliest angels in Airbnb, 23andMe, Coinbase, Draft Kings, Palantir, and Spotify. We’re all joining forces.

Together, we’ll identify those brave American entrepreneurs who are building amazing startups in their garages, dorm rooms, laboratories, and small factories.

I’m putting my money on the table, $100,000, to help these entrepreneurs make their American Dreams come true.

Join me and maybe you can achieve yours as well.  We’ve already identified the two startups that’ll launch our mission.

Let’s get to work.