Social Media Marketing and Management | Grow Your Business Online

  • ABOUT
    • MACSWOMEN | Vision Mission Values
    • LETTER FROM OUR FOUNDER
    • TERMS
    • PRIVACY POLICY
  • SERVICES
  • SHOP
  • BLOG
  • Schedule a call
  • ABOUT
    • MACSWOMEN | Vision Mission Values
    • LETTER FROM OUR FOUNDER
    • TERMS
    • PRIVACY POLICY
  • SERVICES
  • SHOP
  • BLOG
  • Schedule a call

Shark Tank's Daymond John On The Business Of Being Broke -- And More

1/18/2015

0 Comments

 
Daymond John, Fubu Founder and Shark Tank Investor along with Michelle Christie CEO and Founder of MACsWomen in Westchester, New York
Not so very long ago, I read an informative article from one of our most memorable MACsWomen Connect Summit Keynote speakers, Daymond John, where he spoke about the power of being broke.  A golden nugget for women entrepreneurs and startups.

The Shark we love to love, Shark Tank’s Daymond John said this: “Being broke makes people think. It forces creativity and a little unconventional problem solving.”  Does any of this sound familiar to you? Well, as an entrepreneur myself who worked in the trenches for years learning, developing and growing the MACsWomen brand, I appreciate this concept. We understand that business ownership can sometimes be challenging and it is a very likely chance that you will run out of money at various stages of your entrepreneurial journey (and I am referring to those of us without a trust-fund or unending supply of cash ready to start our business here) which will usually call for some creative thinking.  

When Daymond John spoke at the MACsWomen Connect Summit he shared stories with hundreds of our business women in attendance about his early days as FUBU founder.  Back to a time when he lived in Hollis, Queens. One of those stories being the marketing campaign he ran using a photograph he took of LL Cool J wearing his design. Daymond shared how he only had one chance to take the shot, using a back-in-the-day camera, the kind you had to take to the pharmacy to develop.  Well, he took the shot and a great shot it was. That picture of a celebrity wearing his product not only boosted the credibility of his brand, but eventually pulled in $350 million in annual sales.   

Well, maybe you don’t know a celebrity to take a picture of wearing your product, most of us don't have easy access to celebrities in that way. The wonderful opportunity that awaits business women who invest and take a step up for their businesses is that we create live events where you can present you ideas to our panelists at the next upcoming women in business summit during the "MACs Perfect Pitch" segment  or maybe you have a corporation in mind that you’d like to fund your startup idea. Daymond talked about how “They (big corporations) have all the money to throw at things, and they don’t get creative because they aren’t broke.”

As a small business owner, cash flow is crucial to your survival.  Be sure that you are staying creative even when you are well past your “broke” spells.  To read the article by “Shark Tank's Daymond John on The Business Of Being Broke -- And More” by Forbes staff writer Emily Inverso   click here.

SCHEDULE YOUR "PLAN FOR PROFIT" SESSION WITH MICHELLE

0 Comments



Leave a Reply.

    RESOURCES

    The Passive Income Planner
    The Power of Goals Bundle
    Instavip Strategy Session
    How to start a profitable virtual assistant business
    Grow your business online with webinars
    Done for you social media posts
    SocialMediaMarketingPack - Social Media Marketing and Management | Grow Your Business Online
    Get Clients From Twitter - A Framework for Success: The Ultimate Twitter Planner

    RSS Feed

    Best of BuyerZone Entrepreneurial Blogs & Sites of 2012 Recipient
    Follow Macswomen on Instagram
    Tweets by @MACsWomen

    Archives

    August 2019
    July 2019
    May 2019
    July 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    September 2013

SCHEDULE YOUR DISCOVERY SESSION WITH MICHELLE CHRISTIE!
Picture
Picture
Picture
Networking group for women in westchester new york
Copyright © 2018
About Us /  Privacy Policy / Return Policy  / Contact / Shop