Peter Goodman: His Start-Up May Not Survive Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.…
Thought Leader: Peter Goodman
The 5 Habits Shark Tank’s Daymond John Wants You To Have
By Sarah Hansen (original source Forbes)
“Long before Uber was a household name, Shark Tank star Daymond John drove a 15-passenger, red-and-white, 1979 Ford van ferrying passengers around Hollis, Queens. His guerrilla chauffeuring service was an instant success as he undercut the city bus fare and dropped people off where ever they wanted. John used the same van — that he bought used with 100,000 miles on it for $12,000 cash — to launch his next business.
He drove the van up and down the East Coast to black expos, selling T-shirts and hats out of it. The humble beginnings of John’s fashion empire, FUBU, taught him that starting from zero is your greatest competitive advantage in business. He doubts he would have catapulted to fashion stardom had he not started out broke.”
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