By Graham Winfrey (original source Inc.)
“Before Daymond John became a household name as a host of ABC’s Shark Tank, he was just another kid with a dream of becoming an entrepreneur.
John got his start in 1989, selling wool hats on the streets of Queens. He called his brand Fubu, short for “For Us, By Us,” but Fubu was hardly a real company. John had sewn the hats himself in the basement of the house he shared with his mother. By 1992, he had run out of money three times trying to launch the brand.”
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