Category: Entrepreneurs

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Entrepreneurs Net Worth

Bernard Arnault’s Net Worth (Updated 2019)

Information

Name:Bernard Jean Étienne Arnault
Nickname:None
Birth Date:5 March 1949 (age 70)
Occupation:Entrepreneur, Investor, Art Collector.
Net-Worth:$108 Billion
Spouse:Anne Dewavrin (1973-1990), Hélène Mercier (1991-present)
Children:5
Zodiac Sign:Pisces

1: Interesting Inception + Short Description (The man who got penguins to cry)

He is a French business magnate, entrepreneur, and investor apart from being the CEO of the world’s largest luxury-goods company LVMH. With a net worth of $108 Billion, he is the wealthiest person in Europe.

2: Early life

He always had the idea of becoming an entrepreneur, precisely like his father that was the owner of a civil engineering company. He started his education by studying at the Ecole Polytechnique that according to him, has given him an analytical capacity to solve the challenges that a business man of such caliber must necessarily resolve.

3: Career and Struggle

In 1971 he joined his father’s company that liquidated for 40 Million French francs to focus it more on the real estate business under the name Ferinel. Eight years later he became the president of the company. 

In 1984 he acquired the luxury good company Financière Agache of which he became the CEO later. After that, he took control of the textile company Boussac Saint-Frères that in that period was in financial trouble. This company was made up of different ones, including the prestigious brand Christian Dior.

4: His Success

His success came when he started to participate in LVMH. It all began when he managed to resolve a conflict that occurred between the mergers of the two companies, Louis Vuitton and Moët Hennessy in 1987. One year later, when Guinness held 24% of LVMH’s shares, Arnault provided $1.5 billion to form a holding company with Guinness. After that, sensing that Louis Vuitton wanted to control enough of that LVMH’s shares to prevent other companies buying or controlling it, he purchased 13.5% more stocks of LVMH spending $600 million and making him the largest shareholder.

In 1989 he spent other $500 million, controlling 43.5% of LVMH’s shares, reaching the “blocking minority” a big chunk of voting rights. During the same year, he was elected chairman of the executive management board. Under his leadership, the company flourished and increased its market value by 15 while still making the individual firms be perceived as independent.

In the later years, LVMH acquired various businesses such as Céline, Berluti, Kenzo, Guerlain, Loewe, Marc Jacobs, Sephora, Fendi, DKNY, and many more.

5: 5 Tips to Succeed

Tip #1: Have a Goal

Have a goal and externalize it; otherwise, you won’t have a clear direction to where you should head yourself. It’s also essential that you speak your intention out so that you show yourself how much confidence, desire, and belief you have in achieving it.

Tip #2: Always innovate

We live in a world of constant change, that means you have to provide high-quality products that are innovative to the consumers; otherwise, you’ll be outweighed by competition. We can see this concept expressed by Arnault being applied in all of the businesses owned by the LVMH group, that’s why it keeps staying successful.

Tip #3: Create Immortal Products

Another advice that he points out is to create products that in 20 or 30 years from now will still be in demand. He talks about that when referring to a moment when he was talking to Steve Jobs and asking him if the iPhone would still be purchased 20 years from now. A question to which Jobs answered, “I don’t know.” Arnault instead knows that he sells products that will still be sold many years away from now, for example, as said by him, his Dom Pérignon is one of those.

Tip #4: Be creative

Arnault has always been concerned about how to create products and advertising that would be creative apart from being functional. That’s obvious as in the fashion business creativity is a synonym for success; anyway, he also applied this concept to the other business he owns like the cosmetics, perfumes and wines & spirits.

Tip #5: Create desire

He is not only a business expert but also a marketing one. He says how marketing is essential to ensure company success. Marketing, he points out, always comes after the product and it’s vital to present them well in an environment that creates purchase desire and gives the customer positive feelings, just like he does in his LVMH stores. 

6: Favorite Quotes

  • “Marketing is all about creating desire.”
  • “To be successful, you have to have a combination between modality and timelessness.”
  • “All that interests me is promoting my brands, never myself.”
  • “I am very competitive; I always want to win.”
  • “You have to be just as mistrustful of straightforward rationality in business just as you do of a uniquely gut approach.”

7: 3 Lessons we can learn from his story

Lesson 1: Apply what you learn in one field in various aspect of life

He graduated in engineering but then became the richest man in Europe. How’s that possible? Because as he said, he applied the analytical skills he acquired during college to his business life, an aspect that turned out to be essential to avoid inevitable mistakes usually caused by not analyzing the business spectrum.

Lesson 2: Expand faster than the competition 

The competition will always try to outweigh you, but if you can expand more quickly than it by making the right business partnerships and acquisitions, then you will never be out of the game. It’s not only how many moves you do but the quality of the moves you do, just like when he purchased various companies in the turmoil that later restored into successful ones.

Lesson 3: Strive for excellence

When he acquired the textile company Boussac Saint-Frères, he decided to sell all the company’s assets, apart from Christian Dior and Le Bon Marché, the two most desirable and prestigious ones. This means that Arnault already had a vision for excellence, and that revealed itself to be the case. 

8: Curiosities

  • He presumably applied for Belgian citizenship to skip taxes.
  • Arnault’s family donated €200 million to help repair the Notre Dame Cathedral.
  • He owns artworks from Picasso, Andy Warhol and many more.
  • He owns a 101.5m Yacht called “Symphony.”
  • His inspirational figures were Steve Jobs and Warren Buffet.
  • He owns a $35 Million Island in the Bahamas.
  • He is a trained pianist apart from being a fashion and art expert.

9: Conclusion

Bernard Arnault is one of the most successful entrepreneurs in the entire world, being the wealthiest man in Europe and the sixth in the entire world as per 2019. His success was caused by his great business-minded attitude along with his intuition and creativity that helped him surf until the top of the world with a net worth of $108 Billion.

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Entrepreneurs Net Worth Uncategorized

Dana White’s Net Worth (Updated 2019)

Information

Name:Dana Frederick White Jr.
Nickname:None
Birth Date:July 28, 1969 (age 50)
Occupation:Businessman
Net-Worth:$500 Million
Spouse:Anne White
Children:4
Zodiac Sign:Leo

Interesting Inception 

Dana White is the President of the biggest fighting league worldwide, the UFC, that nowadays is present in more than 175 countries with over 400 events held worldwide. With a skyrocketing career and a net worth of $500 + Million, White is one of the most successful businessmen in the U.S.

Early life

Even if you might have seen him working in the States, he was born in Manchester after which he moved to Massachusetts where he spent his youth. White has always been a fan of sports, but fighting was his favorite; he started practicing boxing aged 17.

Career and Struggle

He became UFC President because he once met the owner of its parent company that wanted to sell it back in 2001. White, becoming aware of the potential sale, contacted a childhood friend of him, Lorenzo Fertitta that at the time was a commissioner of the Nevada State Athletic Commission as well as a wealthy entrepreneur. Eventually, he asked him if he was interested in acquiring the company. Lorenzo, together with his brother, finally acquired the UFC and later White was appointed as the ‘company’s President. 

His Success

The UFC became more and more famous every year, making White wealthier and more influential in the fighting businesses. Then one day, the UFC (being a subsidiary of Zuffa) was sold to a consortium of investors for US$4.025 billion out of which $362 Million went to White (that was the capital gotten from his shares). Even though he exited from the company, he still serves as a president of the same to date and oversees its management and marketing. Dana White made fighting a worldwide business through UFC and in return, it made White one of the most influential men in the sports industry nowadays. 

5 Tips to Succeed

Tip #1: Put in the Work

Things ‘won’t come to you if you ‘don’t put the required effort to make them happen just because our world is ruled by the laws of cause-effect to which everybody must abide. Forget about getting a free lunch, work, and keep working until you succeed because the less you work and the harder things will become. 

Tip #2: Timing is essential

Sometimes we want to do things just because of the desire to get quick results. The reality though, most of the times, is that in our world almost nothing works when things are rushed and forced instead of going for a steady and timed process. There is a time, and a space for everything and what you have to realize is that when synchronicities start to happen, and things seem to be falling into the right place, ‘that’s precisely the time to make them happen. The fact that boxing was going down when White met Fertitta, and there was this opportunity to purchase the UFC is a perfect example of timing that brought success instead of a stubborn act based on a rush and quick results. 

Tip #3: Know how to serve

The competition will always be there to try to take the space ‘you’re occupying in the market. To avoid being defeated by it (or never to occupy the necessary space you need to survive), you have to know that the quality of the content you create is essential to ensure your success because people always have options (unless you have a legalized monopoly). Dana knows that he has to keep people entertained and engaged in his shows on a Saturday night, with all the other things that people can do on that day like going out with friends, women or merely watching different shows.

Tip #4: Have a Plan

Do not worry too much about what everybody else does as this can distract you from your goals and their achievement. Focus on your path and think about how you can get closer and closer to where you want to be, without trying to emulate other people. If you do this ‘you’ll always find yourself behind others as when you copy somebody, you ‘can’t get beyond to where they are.

Tip #5: Believe in what you do

Dana, when joining the UFC along with his friend Lorenzo Fertitta ‘couldn’t know for sure that this sport could have become such a huge phenomenon. In any case, he believed in the athletes, in fighting as a business and had the ambition to make this become one of the most popular sports ever. Nowadays, the UFC can be considered one of the most significant sports leagues out there and, one day; it will probably become even more popular than some leagues like the NFL. 

Favorite Quotes

  • “Fighting is the first sport ever, and it will be the last sport ever.”
  • “The first thing you have to do when you start a business is to know exactly who you are and what is your game plan.”
  • “Everything in life has to do with timing.”
  • “Content is king, and owning content has always been the way to go.”
  • “If I was into money, I was still standing in the lobby of the Boston Harbor Hotel.”

3 Lessons we can learn from his story

Lesson 1: Nothing happens overnight

It took White 13 years to make the UFC as big as it is nowadays. Before his advent into the company, the UFC was already around for other 7 years. Make the math and ‘you’ll understand that what you see today is nothing but the result of 20 years of hard work and dedication. If you still believe in overnight success (apart from winning the lottery) then think again as nothing genuinely successful is an overnight success.

Lesson 2: Do it for the authenticity

White complained that the boxing business was becoming fake and that many fighters, due to their high retributions (often several million), preferred not to injure themselves during the fights so that they could do more of them and make more money. That, of course, impaired the quality of the shows as when both fighters try not to get hurt, you can imagine what a fight can come out. 

White prevented this in the UFC by giving fighters incentives every time they won a fight or performed the best K.O. of the night. This way, he ensured that they were motivated to destroy the opponent with as much spectacularity as possible rather than playing with it for the money.

Lesson 3: Do something you love

White ‘didn’t join UFC because he wanted to become rich first. He did it because he was always passionate about the fighting world and because he wanted to make it mainstream, a thing that he had to make happen by showing courage and walking out there in the world offering this product. If it were for the money, he would have probably remained poor as he says during an interview.

Curiosities

  • In 2011, White donated $100,000 to his former high school to fund renovations to their athletic facilities.
  • The mob chased him out of Boston as it asked him to pay $2,500, but White ‘didn’t have the money.
  • He is friend with the 45th president of the United States, Donald Trump. 
  • Sometimes he uses to fight verbally with his UFC fighters. Once he was even about to fight Tito Ortiz.

Conclusion

Dana White is one of the most crucial figures in the fighting business nowadays. Starting from nothing, only with a massive passion for the fighting world and the ambition to make it popular all over the world, he climbed the success ladder accumulating notoriety and respect, apart from his massive fortune of more than $500 Million.

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Entrepreneurs Net Worth

Russel Simmons’s Net Worth (Updated 2019)

Information

Name:Russell Wendell Simmons
Nickname:None
Birth Date:October 4, 1957 (age 61)
Occupation:Entrepreneur, writer, record executive, film producer.
Net-Worth:$350+ Million
Spouse:Kimora Lee (1998-2009)
Children:2
Zodiac Sign:Libra

Interesting Inception

Russel Wendell Simmons is an American business magnate, entrepreneur and record executive born on October 4, 1957, in Queens, New York. He is the co-founder of the hip-hop label Def Jam and created many other successful businesses like Phat Farm and Def Pictures.

Early life

He was raised in a middle-class family neighborhood (Hollis, Queens), son of two public administrators. Even though he wasn’t born rich, his ambition and drive made him one of the wealthiest hip hop personalities in the entire world. 

Career and Struggle

When he grew up, he moved his attention into promoting local hip-hop acts, letting him get into the music world and industry as a promoter. He was enrolled in his sociology studies at the same time City College of New York, but he eventually left studies.

He was so passionate about music that during those times working as a promoter he wrote “Christmas Rappin'” together with Kurtis Blow, that led to minor success. In 1884 he launched the record label Def Jem Recordings with Rick Rubin where Simmons was the one responsible for the business-like activities due to his excellent guts for business. Rick later sold his Def Jam shares to Universal Music Group for $100 Million. After that, he created Rush Artist Management, where he got some attention by releasing artists like Beastie Boys and LL Cool J.

His Success

His first real success arrived in 1985 when he signed a distribution deal with CBS Records. He later partnered with Aerosmith by creating a remake of “Walk this way,” that finally brought rap music to the mainstream culture. This was when hip-hop started to be incorporated into pop. The massive success anyway began after signing the hip hop group Public Enemy, bringing him into his golden era.

His success was not only tied to the music industry. More than a simple businessman Russel revealed himself to be an eclectic entrepreneur capable of putting his genius into various creative businesses. A confirmation of this is that his first expansion occurred when he started into the fashion business by launching his clothing line Phat Farm that he eventually sold for $140 million.

After that, he also went into the comedy business to give the African-American culture a place to express their talents. This eventually brought to the production of “The nutty Professor” turning out to be a huge success.

Concerning his intimate life, he got married to his longtime girlfriend Kimora Lee in 1998, even though the two divorced 11 years later in 2009.

5 Tips to Succeed

Tip #1: Stay focussed 

“The person that says focussed on his dream realizes his dream.” So much truth behind those words, a truth that Russel applied to many of his businesses, including Phat Farm that was not a straightforward success but took him 6 years to make it explode into the success we all know. His advice is to work on one business first and, after that business becomes successful, then you can expand into other ones.

Tip #2: Go Past the Obstacles

It’s expected that you carry the cross by yourself at first as other people won’t probably recognize the work you’re doing unless it starts to produce some results. During this time some people will cheer you up, others will laugh at you, but you have to keep going because one day you’ll reap all the benefits of your work, provided you acted consistently, with a strategy and a positive belief.

Tip #3: Focus on the present abundance & give honestly

What can we do to raise the seconds of presence we experience? When you’re present, you can be happy because happiness comes from the inside out. He also advises operating from abundance as good givers are great getters but only if you give honestly and without expecting something in return. Be here and not in the future, and you will harness the power of present gratefulness. 

Tip #4: Provide Needed Service 

“If you’re a good entrepreneur you find this real service that people need, and you go to work, and you provide that service” All people need everything as they’re suffering from something lacking in their lives. If you think you can’t help people in lives think again as in reality, there’s always something that people need.

Tip #5: Have faith

That’s the most critical element to have, the element of miracles as many people say, including Simmons. If you have imagination and faith, miracles will happen, he says. You can make a lot of mistakes along the way, but if you have faith coupled with hard work and dedication, you will make it.

Favorite Quotes

  • “A person’s strength is to know their weaknesses.” 
  • “There are no failures, only quitters.”
  • “Only do shit you believe in!” 
  • “When you do good by the world, the world will do good by you.”
  • “Never change for the mainstream—stay in your lane, and if you’re talented and resilient enough, the mainstream will come to you.”
  • “Needing nothing attracts everything.”

3 Lessons we can learn from his story

Lesson 1: Expand by Diversifying

Once Simmons succeeded on his first business after focussing on it, only then he expanded into other ones, making his financial position so diversified that he now enjoys his massive stable wealth. The rule of thumb is to have at least 7 different sources of income, according to the most significant financial success experts.

Lesson 2: Don’t be afraid to try something new

Fear of failure, coupled with a secure attachment to the feeling of comfort, can be detrimental to one’s success. If you are afraid to try something new because you will probably fail at it, then you’re acting based on the fact that most likely than not will happen to 99% of people. Stop being afraid of failure in new areas as that’s something normal and expected for most human beings.

Lesson 3: Eclecticism

Simmons wasn’t only a successful entrepreneur, but he managed to get out his talent in other areas like public relationships and content creation. Unless you expand your views and possibilities, you’ll never be able to know how good you can be in a specific area.

Curiosities

  • In 2014 he was awarded by Claremont Lincoln University an Honorary Doctorate Degree in Humane Letters.
  • He is 1.76m tall.
  • He criticized Donald Trump for Muslim immigrants to be barred from entering the United States.
  • He has always been a supporter of gay rights.
  • He’s been vegan since 1999 and was awarded the 2001 PETA Humanitarian Award.

Conclusion

Russel Simmons is one of the wealthiest hip hop exponents in the world. His business acumen, ambition, and drive made him a successful person in various business ventures, meeting him accumulate great fortunes. His Net-worth today is estimated to be over $350 Million.

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Dan Bilzerian’s Net Worth (Updated 2019)

Information

Name:Dan Brandon Bilzerian
Nickname:Blitz, Instagram Playboy King.
Birth Date:December 7, 1980 (age 38)
Occupation:Web Influencer, Gambler.
Net-Worth:$150+ million
Spouse:None
Children:None
Zodiac Sign:Sagittarius

Introduction

Dan Bilzerian is probably one of the most provocative web influencers nowadays because of the opulent and mundane lifestyle he shows. With his 28 million Instagram followers and with an accumulated net worth of $150+ million, he is one one of the wealthiest web celebrities on the planet. 

Early life

He is the son of Paul Bilzerian and Terry Steffen, both corporate takeover specialists that grew up in a middle-class family before his father made it big in Wall Street. At first, Dan wanted to become a Navy Seal; thus, he enrolled in the program that unfortunately never managed to complete. He was eventually kicked out of the program because he adopted unsafe measures when practicing shooting with the weapons. After his dropout, he enrolled in the University of Florida to study business & criminology, from which he graduated.

Career 

His career started as a poker player, and, while he was enrolled in high school, he taught himself how to play the game along with the help of his brother Adam. He later advanced in his poker career by playing in the World Series of Poker. 

His Success

At the age of 26, he was already making more than 80k per week, making college a non-essential path to follow for him. After that, he started his “Instagram thing” as he calls it, just to “get laid without talking.” Eventually, that thing became one of the most significant accounts ever-amassing more than 15 Million followers in less than five years, naming him the “King of Instagram.”

Once he became famous on Instagram, it wasn’t difficult for him to leverage his popularity to make even more money. Thanks to his influencer power, he is making money selling women’s clothing, marijuana (where legal) and vapes with his brand ignite.

5 Tips to Succeed

Tip #1: Do whatever it takes

His most noticeable attitude towards life is one where if he has a goal to reach, he’ll do whatever it takes to achieve that goal. It doesn’t matter if people are going to criticize him or if it is considered hard; if he wants it, he’ll make it happen somehow. 

Tip #2: Be relentless

Sometimes we want to get from point A to point B, but that isn’t always easy, and we might encounter many roadblocks along the path. This doesn’t mean that you should be discouraged or that you should start second guessing yourself if what you want is there in front. Why should something stop you if you have a pure dream that you want to reach?

Tip #3: Be honest

One of his secrets to success with women is his honesty with them. He says that if women see you’re honest with them, even when you tell them the things that they don’t necessarily want to know, then you’ll build trust with them and have higher chances of sleeping with them and keeping them around you. 

Tip #4: Set up your ideal life

Another strategy he adopts to keep women around him that are engaged and interested most of the times is by creating an environment where he is the ruler. He does that by throwing parties with low male-female ratios (1/10 according to him). For example, in parties where there are 30 of his friends he brings around 200-300 beautiful women that will be prompted to compete for the attention of all the males. When you create such environments where you are always the winner, there’s nothing you can do but win all the time.

Tip #5: Don’t be afraid of rejection

Finally, his last take on how to become successful is never to be fearful of rejection, not only with women but generally speaking in life. When you can make yourself vulnerable to rejection and expose yourself to it many times, then you’ll face your life with much more aggressiveness, fearlessness, and confidence, elements that will highly improve your chances of success in any area of it.

Favorite Quotes

  • “Shooting drones because it’s Sunday and this is America.”
  • “If I wanna go to Vegas in the middle of the night, then that’s just what I’ll do.”
  • “I only f**k 12s, unless I’m drunk, then maybe I f**k a 10.”
  • “Don’t take yourself too seriously.”
  • “I always tell girls the truth.”
  • “Chasing money and girls is not what makes you happy.”

3 Lessons we can learn from his story

Lesson 1: Be Yourself

Even though many people hate Dan Bilzerian, he doesn’t stop being who he is or doing what he loves doing. He understands that being yourself is not only the best way to become successful but is also a way to live a rewarding life that is based on truth rather than on falsehood.

Lesson 2: Take risks

We can see that from the way Dan has conducted his life so far, risk-taking has been a considerable element contributing to his success. He had this risky attitude embedded in everything he did, from bringing weapons with him during high school, to do things that the majority of people wouldn’t dare do, like betting $6 million in a single coin flip. He translated this high-risk attitude in his business and personal life as well, making him one of the wealthiest web influencers on the planet.

Lesson 3: Break the rules

When Dan was young, he didn’t let the school system dictate what he had to do and neither let the Navy Seals stop him from manifesting his extravagant behavior. Sure, those things cost him exclusion both from school and the Navy Seals program, but he eventually managed to become successful precisely because of this behavior of his. 

Curiosities

  • He suffered two heart attacks from a viagra overdose.
  • He is said to have genius-level IQ.
  • He owns a 28 thousand square foot mansion.
  • He reportedly once lost $6 million in a coin flip.
  • He owns a $250.000 Rolls Royce along with many other cars.

Conclusion

Dan Bilzerian is one of the most notorious web personalities in the entire world. A controversial character that is both hated and admired by many people at the same time, a fact that helped him rise above the masses and accumulate his fortune of more than $150 million. 

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Sean Combs’ Net Worth (Updated 2019)

Information

Name:Sean John Combs
Nickname:P Diddy, Sean John, Swag
Birth Date:November 4, 1969 (age 49)
Occupation:Rapper, Actor, Songwriter, Record Producer, Entrepreneur
Net-Worth:$855 Million
Spouse:None
Children:6
Zodiac Sign:Scorpio

Interesting Inception 

Many people in the world call themselves (or are called) self-made men but only a few deserve such a title. Surely P Diddy is one of those. If we see from where he started and where he’s now, we can surely consider him a self-made man, being the second wealthiest rapper in the world.

Early life

Sean Combs was born in Harlem, NY on November 4, 1969, but raised in Mt.Vernon NY only from his mother since his father had died (by shooting) when he was only 2. His business predisposition wasn’t hard to reveal as he started by selling newspapers only at the age of 12. He then went to study at Howard University, a historically black university in Washington DC from which he never managed to graduate as he dropped out during his sophomore year. 

Career

His career started as an intern at Uptown Records in New York even though after some time he became an executive where he discovered new artists as a talent director. He also became vice president of the company even though he got fired from the company in 1993. He later created his own record label, Bad Boy records signing artists like Usher, TLC, Faith Evans, Machine Gun Kelly, Notorious B.I.G., Ma$E, 112, and more.

His Success

On July 1, 1997, his debut album No Way Out was released under the name of “Puff Daddy” and reached number 1 on the billboard 200 on the first week of its release that eventually sold over seven million copies and has been certified 7 times platinum. In the same year, his record label had already sold almost $100 Million in recordings.

In 1998 he was nominated 5 times at the 40th Grammy Award and won a Grammy Award for Best Rap Album in the same year. In the same year, he started his clothing line Sean John that was later nominated for the Council of Fashion Designers of America award for Menswear Designer of the Year in 2000.

In 2001 he changed his name from “Puff Daddy” to “P. Diddy” and took complete control of Bad Boy Entertainment after ending its joint venture with Arista Records. The last album released by the joint venture was “The Saga Continues” on July 10 2001 that reached number 2 on the Billboard 200 and has been certified platinum. 

He is not only a successful rapper as he also moved into the businesses of clothing lines, movie production, and restoration. His clothing label Sean John, is where P Diddy makes the majority of his money. In 2001 Combs started his acting career in films such as Made and Monster’s Ball.

In 2002 he was listed by Fortune Magazine as number 12 amongst top 40 entrepreneurs under 40. He is the CEO of Combs Enterprises. In 2005 he starred in Carlitos Way: Rise to Power and sold half of his record company to Warner Music Group. On October 17 2006 he released his album “Press Play” after 4 years that was certified Gold on the RIAA ratings.

In 2013 he launched Revolt, a digital cable television centered into music videos, music news and interviews related to the topic. In 2015 together with Mark Wahlberg, he partnered to purchase a majority holding in Aquahydrate, a calorie-free beverage for athletes.

To date, he won 3 Grammy awards and 2 MTV Music awards apart from many other prizes

5 Tips to Succeed

Tip #1: Fail Big

“Some of my biggest successes came because of my biggest failures.” When you fail, you inevitably find yourself in certain situations where you have only two choices: accept your situation and give up or fight back and find a way out of it. “When you’re in darkness you wanna sit there and wait for the light to come. When you’re in the darkness, it feels uncomfortable, but you can’t wait and sit in that darkness, the only way out is to step forward, face your fears and become your own light.”

Tip #2: Look for information & know how things work

Back in the cavemen times he said, it was all about surviving and getting your butt warm. If you knew somebody who could light a fire, then you’d be able to thrive. This today translates for him to be always around people and information as that’s where the power comes from. “A degree means something to me, but experience means more.”

Make sure that the actions that will bring you toward your goals are really sound and based on reality rather than on a successful fake model of reality that could have been conveyed to you by unconscious people. Everybody wants to be successful, but because of that there’s a lot of competition, that’s why you have always to know where you’re getting yourself into.

Tip #3: Believe 

During an interview, he was asked: “What do you believe the most”? His answer was, “I believe in God and after that myself.” As many successful people in the world, he strongly believes in himself, and it’s no surprise that thanks to his belief, he managed to get to where he’s gotten. “I just feel I’m one of the baddest motherf**kers to ever walk the face of the earth. That’s just a fact, that’s just a pure fact.”

Tip #4: Accept the fear but go through it

It’s normal to feel fearful in life at times as that’s part of who we are; anyway, this doesn’t mean that we should let the fear hold us back from what we want to achieve. For that reason, you always have to go through the fear if you really want to become a better version of you. 

Tip #5: Love what you are doing

He many times stated that he always loved what he was doing. “I think everybody can do what they love doing if they go after it with love.” He also stresses the importance of doing things for others rather than just doing them for himself, fame, or money. “If you do it to make history, to change people’s lives, to make people feel good, it’s gonna come naturally.”

Favorite Quotes

“If I give the customers my best and service them differently, whether music, clothing, or vodka, I’ll get a return on my hard work.”

“But whatever I do, I want it to be groundbreaking. I think of everything I do as history in the making.”

“Don’t be afraid to close your eyes and dream but then you have to open your eyes and see the reality of what’s gonna take for you to achieve that dream.”

3 Lessons we can learn from his story

Lesson 1: Be aggressive in business

Combs never gave up even though he experienced many failures and was fired from his job at Uptown Records. He didn’t let those event bury him but he took them as lessons to be even more aggressive in his business ventures, so much that he later became a real entrepreneur by expanding himself hugely in various markets.

Lesson 2: Don’t be scared to dream big

Everything that he did was first conceptualized in his mind as a high magnitude goal. He always wanted to make the difference and, in fact, he did by dreaming bigger than probably 99,9% of people. That was surely a great factor helping him accumulate his $855 Million fortune.

Lesson 3: Think of yourself as a winner

Even when he was a nobody, he felt like he was already somebody. That high self-esteem, coupled with his high drive to win were the two most essential ingredients that contributed to his lifetime of success.

Curiosities

  • In 2007 he agreed to help develop Cîroc Vodka in exchange of 50% of all sales.
  • He owns a $7 Million home in New Jersey and a $14.5 Million home in Miami Beach.
  • He loves playing basketball and watching movies. sleeps with 15 pillows every night
  • He has a collection of super expensive vehicles amongst which the most expensive Rolls Royce on the market.
  • He is so afraid of clowns (coulrophobia) that he made a contractual agreement stating not to allow clowns where he’s performing.
  • He received an Honorary Doctor of humanity degree from Howard University in 2014. 
  • He used to be a doorman at Marriot hotel while enrolled in college
  • He learned about his true father death cause when he was in college; Shot to death (real cause) vs. car accident (fake cause)
  • His $40 million mansion in the Holmby Hills LA is situated next to the playboy one.

Conclusion

Sean Combs has been one of the greatest rap music influencers in history. His lifetime of success wasn’t a random cause but a series of achievements rendered possible by his great business mind, drive to win and courage to dream big. If there’s an adjective that truly fits this man is self-made as from the lowest class he climbed the ladder until he got to be the second richest rapper in the world.

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Entrepreneurs Net Worth Uncategorized

Stan Lee’s Net Worth (Updated 2019)

Information

Name:Stanley Martin Lieber
Nickname:Stan Lee
Birth Date:December 28, 1922 – November 12, 2018 (aged 95)
Occupation:Comic Book Writer, Producer.
Net-Worth:$50 million
Spouse:Joan Boocock
Children:1
Zodiac Sign:Capricorn

Introduction

If you’ve read a Marvel comic or if you’ve ever seen a Marvel movie, then you’ve come across Stan Lee’s work. He is the man that made many people dream as he creates iconic figures such as Spider-man, the Black Widow, the X Men, the Fantastic Four, Thor, Hulk and many more that eventually contributed to the creation of one of the most popular movie franchises ever created. As one of the greatest storytellers and producers of all times, he managed to accumulate a fortune of more than $50 million.

Early life

He was born on December 28, 1922, in Manhattan, New York City, the son of two poor Jewish immigrants. As a child, he reportedly showed interest for books and movies, probably also because due to his small size and younger age compared to his high school friends, he struggled to make friends and spend most of his time daydreaming about his favorite movies and escaped into fantasy.

Career 

Later he started working as an usher at The Rivoli, a movie theatre in New York. With this job, he managed both to alleviate the financial stress his parents were going through and also to amuse himself as he could watch as many movies as he wanted for free. It was during this time that he sensed that a right career path for him would be the one of a screenwriter or movie actor.

At 15 he entered a high school writing contest promoted by the New York Herald Tribune after which he started writing full time, under the suggestion of the journal’s editor. So he eventually graduated very young from high school and entered the WPA Federal Theatre Project. Finally, he landed a job at Timely Comics when he was 16 as an assistant artist, only earning 8 dollars per week at the time that today in 2019 would correspond to about $145.

After some internal disputes within the company, Lee was put at the place of the creative director and head writer after they disagreed with Timely Comics publisher. During that period, Lee started to develop Captain America’s character while World War II was going on. He also went abroad to serve in the US army as a screenwriter but then went back to the US.

His Success

Once back in the US Timely Comics had already changed its name into Marvel Comics, where Lee was working full time. Unfortunately, then, during the mid 90′ comics that depicted crimes and fights (the genre that Lee liked to write about) was considered dangerous for civilians. Due to this, Lee was forced to write comics for children that were tedious for him. 

He was about to leave the industry after years writing such comics, but he had to support his family, so he spoke to his wife that advised him to write comics destined for adults, where lee could put all his talent, even if it went against the censorship rules. So he did, and that’s how the Fantastic Four have come to birth, making Marvel more successful than expected.

Lee, seeing the impact that he was causing, continued to develop his characters, giving birth subsequently to Spiderman, Hulk, Iron Man, and the X Men. All those characters were a reflection of what was going on in the socio-political environment at the time they were created. San Lee was already a huge success and started touring and giving creative writing lessons across universities. 

Today he has left us with a legacy of comics that have also been transposed into movies, impacting even more people worldwide and making Marvel one of the most successful comic businesses ever created.

3 Lessons we can learn from his story

Lesson 1: Follow your inspiration

Lee was passionate about movies and reading since he was young, thus possessing those inclinations naturally. He has been one of these men who never let go of their essence, in this case, a creative and fantasy one, fact that not only led him to a huge financial success but also a personal sense of accomplishment and purpose that no money can ever buy.

Lesson 2: Just Do It

When he first had the concept of Spiderman in his mind, his superior criticized the idea, pointing out that nobody likes spiders and a teenager with problems can’t be a superhero. Nonetheless, Lee went on and put the idea of Spiderman at the last pages of a book they were releasing that it became a best-seller. From this, we can learn that when you have a gut feeling that something’s going to work, probably it’s going to work, so do that something that you feel like doing.

Lesson 3: Be a Black Sheep

At the beginning of his career, he felt embarrassed writing comics as there were man building bridges, working in factories and fighting the war; real things according to him that brought actual results. After years he realized that his work brought so much joy to people that entertainment is vital in people’s lives as if you can take somebody’s mind out of their problems that’s a good thing. 

5 Tips to Succeed

Tip #1: Have Fun

To keep yourself creative, you should go to it with the mindset of having fun. If you can keep yourself amused and enjoy the process of doing what you do, then your creative flow will always stay with you, exactly like in the case of Stan Lee. Don’t believe Stan’s right? Albert Einstein thinks the same as he once said that “Creativity is intelligence having fun.” 

Tip #2: Do what you like

If you create products that you like, then most likely than not you’ll find people that have the same tastes as yours. Do it for your own pleasure first as if you don’t like or believe in what you’re creating, how can you ever imagine that somebody else will? Then put a lot of attention in creating a good product, meaning to pay attention to the details and quality of the product.

Tip #3: Inject Warmth

He said that he felt that every other comic book had a good story and structure but lacked warmth. What he did instead was injecting warmth into the letters pages of his comics to make the kids feel like being a part of Marvel. Even if he got a letter with written “dear editor,” he changed it into “dear Stan” and instead of answering with “Dear Anthony, thanks for the letter.” he wrote, “Hey Tony thanks for the letter!”. This was a genius move from him as he understood that human relationships thrive on authentic connections. 

Tip #4: Think Outside the Box

If you’ll ever start a business or do anything in life, be sure that there will be people doing the same thing as you. This means that you’ll have to directly compete with them unless you think outside the box. In our world, the only way to avoid direct conflict with another entity that provides similar products or services is by making ourselves different by being creative. If you can think outside the box, then there’s no space you’ll have to fight for as you’ll create your own space out of nowhere thanks to the infinite possibilities that our mind has to create something new.

Tip #5: Take Risks

Sometimes there were stories that Lee wasn’t sure about, anyway he always put them out taking the risk of not being liked by the public opinion. Anyway most of the times, whenever he jumped in the unknown, he had tremendous success. In life, there are times when you can’t help but take risks. You can’t predict how things will go, but if you can have enough courage to do what your heart tells you to do, you might hit the jackpot.

Favorite Quotes

  • “Years ago, I used to feel somewhat embarrassed that I was writing comics.”
  • “People want entertainment; people want adventure stories.”
  • “I’d like to think of myself as an entertainer. I feel that if I can entertain people in any way, it’s gratifying.”
  • “I’m doing what I enjoy doing. To me is such fun creating characters, writing story. “
  • “It’s so tragic that so many people’s jobs are just jobs. If you enjoy your work, I believe that’s one secret to happiness.”

Curiosities

  • Rumors say that he was a victim of elder abuse to get access to his $50 million wealth.
  • Lee appeared as a cameo actor in many of his Marvel movies.
  • He used to draw the perfect woman for him until one day he found her at a party. She later married him.
  • His superior long back told him that Spiderman was the worst idea he had ever heard.

Conclusion

Stan Lee can be defined as the godfather of comics as he managed to create an empire that dominated this industry. He will be remembered as one of the greatest creative geniuses and entrepreneurs of human history. Thanks to his talent, persistence, and hard work, he managed to accumulate a fortune of more than $50 Million.

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Entrepreneurs Net Worth Uncategorized

Ashton Kutcher’s Net Worth (Updated 2019)

Information

Name:Christopher Ashton Kutcher
Nickname:None
Birth Date:February 7, 1978 (age 41)
Occupation:Actor, Entrepreneur, Investor.
Net-Worth:$200 million
Spouse:Demi Moore (2005-2013), Mila Kunis (2015-present)
Children:2
Zodiac Sign:Aquarius

Introduction

Rendered famous thanks to his appearances in many sitcoms and romantic movies Ashton Kutcher is a successful American actor and entrepreneur. 

Thanks to his dedication and interest in becoming more than just another pretty acting celebrity, today he is a successful entrepreneur and investor, amassing a fortune of $200 million.

Early life

He was born on February 7, 1978, in Iowa, son of 2 conservative factory workers, from which he learned the importance of working hard. During his teenage years, he didn’t like staying at home because his parents were fighting a lot at the time and because he didn’t want to hear bad news about his brother that was fighting with cerebral palsy.

When he was 15, his parents divorced, and they moved to another small town in Iowa, where Ashton Joined the high school drama. He was good at school, and he planned to become a geneticist so that he could research about heart infections so that he could stop the virus from which his brother had suffered from. 

Anyway, his true aspiration was to become an actor but he didn’t have enough funds to let him pursue such a career, so he decided to join the MIT and pursue a biochemical engineering career. One day, he broke through his high school with a friend of his during his senior year to take a candy machine, but the police caught them and sentenced Ashton to 3 years of probation and 180 days of social service. He couldn’t joint he MIT anymore at this point, so after graduating from High-School he went to the university of Iowa but his ambition to become an actor still didn’t leave him.

Career 

When he was at the campus bar, he randomly met somebody that was working in a modeling agency that suggested him to try a competition that was held in New York. He entered the competition and won it, becoming a professional model working for Calvin Klein and other prestigious brands, apart from walking the fashion runways in Paris and Milan.

Ashton sensed that by taking the modeling journey he could have gotten many more opportunities to work as an actor and, in fact, after some months of modeling he was invited to L.A. to audition for a comedy show that was given to him right away.

His Success

He was good at it and thanks to a combination of his acting skills and beauty, he soon became a television star, flooded with work requests and girls asking him for autographs like kids do with candies. He later started appearing on the big screen in movies like “Just married” with Brittany Murphy with which he then got into a relationship with and made even more gossip and noise, contributing to the enhancement of his fame. 

Later on, in 2004 he starred in “The butterfly Effect” proving his acting abilities again and making it hit the number one spot within the first week of its release. Anyway, this didn’t let him become an established dramatic actor as he didn’t manage to be taken seriously by the public; that’s when he moved into producing movies.

3 Lessons we can learn from his story

Lesson 1: Give it a Try

Ashton Kutcher didn’t know how the whole acting thing would have become real. He knew that by taking the modeling journey, he could have had some chances, anyway, that wasn’t sure or guaranteed. He gave it a try eventually, and it worked because whenever you do something proactively, the chances that this single path will bring you into another one are huge and when you’ll start to practice this you’ll understand what I mean. That’s been the case in most of my life journey so far too, so just give it a try!

Lesson 2: Listen to Your Heart

Ashton knew that he had to pursue this acting career somehow and that it would have given him the fulfillment and passion for keeping up with it. His instinct proved to be right, in fact through acting he has been able to impact many people worldwide apart from letting him pursue other career path such as the investor one.

Lesson 3: Don’t care about what others think

Do you think Ashton would have gotten into a relationship with Demi Moore if he cared too much about what others could have thought of him? Surely not. If he were too worried about the public opinion of getting into a relationship with a woman 15 years older than him that was also the wife of Bruce Willis, then he would have missed out on this magical life experience. Go your own way and let others talk as while they fill their mouths with stupid commentaries you’ll enjoy your life and even forget about them one day.

5 Tips to Succeed

Tip #1: Take Risks

Ashton Kutcher didn’t take his life in a comfortable way. Whenever he needed to step towards something that could give him more chances to succeed, he did it and reaped benefits. He quit school to become a model, after that he became an actor as he was bored performing as a model. That’s when he started to take more risks and to get himself involved in many other businesses as an investor. 

Tip #2: Save your most precious advice

Sometimes in life, we hit moments where we might feel discouraged or when we don’t know what to do next. Those are natural moments for everybody to go through; nonetheless, to each problem, there is always a solution, right? Well, what if you can build a library of the most precious advice you can get from your mentors or successful people and acmes this library whenever you feel down? That would make you cope with your problems more efficiently and effectively as even if you are in a negative state, your advice to that problem won’t be influenced by both your mood and the mood of others, but it will just be a piece of objective advice.

Tip #3: Ask the right questions

Many people, when confronted with the opportunity to speak with a successful individual, waste their time asking them what their favorite color is or what they think about potential alien attacks. If you have the chance to speak to somebody that achieved success in some way, ask questions that will make them, you and other people discover something new, think about a new problem or see things from a different perspective. 

Tip #4: Solve Problems

What he likes is solving problems and sometimes when you solve your own problems you solve somebody else’s problems. Instead of trying to sell people crap, try to make something that will make them feel better, and that will improve their lives. Either you do this on a small scale or on a bigger scale doesn’t matter, what matters is the intention behind your actions and that you start doing at least one thing to make somebody else’s life better. By doing something good for you and other people as well you’ll be a happy problem solver, and you’ll live in the most honorable way you can.

Tip #5: Be Yourself

You have to start understanding that a people-pleasing attitude is never going to make you happy and one day or another, you’ll need to confront yourself with your true nature, desires, and inclinations. The sooner you start putting into practice those things, the earlier you’ll grow up as an individual, and the better you’ll serve both yourself and the world you’re in.

Favorite Quotes

  • “There are dumb questions. There are questions that waste your time and my time and everybody else’s time.”
  • “Being able to create an impulse within a consumer to do something is an art form.”
  • “If you wanna be Mark Zuckerberg, the best you are gonna be is second place cause he will always be a better Mark Zuckerberg than you.”
  • “When you usually talk you speak somebody else’s words and try to make them sound real.”
  • “Generosity has to be at the core of everything and anything we do.”

Curiosities

  • He reportedly had an affair with the singer Rihanna.
  • He used to prank waiters by ordering something that wasn’t on the menu. 
  • His role model is his brother that thanks to a heart transplant is still alive today.
  • He would run around the halls of high school with his underwear on.
  • He loved partying and picking up girls a lot in his early celebrity days.
  • For many years he was in a relationship with the famous actress Demi Moore that is 15 years older than him and formerly married to Bruce Willis.
  • He is an investor in Skype, Airbnb, Foursquare, and many more.
  • He owns a 10 million dollar home in Hollywood Hills and another $7 Million home in Beverly hills.

Conclusion

Ashton Kutcher has proven not to be your typical actor. With his entrepreneurial skills and business-minded attitude, he doesn’t stop surprising his fans, sharing knowledge and solving problems worldwide, driven by a passion for making the difference. Thanks to this mindset and desire to do more and be more he managed to accumulate a fortune of $200 million along his years of service.

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Entrepreneurs

Carlos Slim’s Net Worth (Updated 2019)

Information

Net Worth:$63.1 billion
Name:Carlos Slim Helú
Nickname None
Age:79
Occupation: Businessman, Investor, Philanthropist
Born:28 January 1940
Spouse:Soumaya Domit (1967 – 1999)
Zodiac Sign: Aquarius
Children6
Last Updated:2019

Interesting Inception 

It’s time to talk about one in the top 5 richest men in the world. The man that always knew that wanted to be an entrepreneur and that only aged 11 invested in government bonds. Carlos Slim is a Mexican business magnate, engineer, inventor and philanthropist best known for being the CEO of Telmex, América Mòvil and Grupo Carso. He has an estimated net worth of $63.1 billion, and from 2010 to 2013 he was ranked as the wealthiest person in the world by Forbes. 

Early life

Carlos Slim Helù was born in Mexico City on 28 January 1940. He first learned about business from his father Juliàn (of Lebanese descent) that taught him management, finance and how to read financial statements.

At 11 he was already investing in government savings bonds, at 12 he made his first stock purchase in the Mexican back, and at 15 he became a shareholder of the largest Mexican Bank.

He majored in civil engineering in 1961 at the National Autonomous University of Mexico even though his passion was economics. Nonetheless, his mathematics studies made during college helped him become a better reader of profitable investments.

Career and Struggle

After college, he started his career as a stock trader in Mexico, working several hours per day. While working, he learned a lot about investment strategies and business, so much that he started investing his private funds that in just 4 years rendered him $400,000. With this capital, he had enough economic strength to start Inversora Bursátil. 

His Success

Five years after founding Inversora Bursátil Carlos accumulated a Net-Worth of $40 million, with which he founded Inmobiliaria Carso. The following years he mainly focussed on his investments in various industries like the soft drink, construction mining, real estate. During the rest of the 70’s he expanded into the hotels, manufacturing of cables and wires, airlines, telecommunications and mineral industries.

  • During the 80′ the Mexican economy contracted rapidly bought many Mexican companies at depressed valuations and resold them at a higher value. With this strategy, he has been able to accumulate a significant part of his fortune. He adopted this strategy in many different industries, making him almost invulnerable to recession because if one market went down, he always had another one to capitalize on.
  • His large fortune accumulation though occurred during the nineties, when His business Grupo Carso acquired Telmex from the Mexican government. It was a time when the government was starting to privatize much public business. Carlos Slim, being one of the initial investors, managed to leverage on that, making him huge profits out of it.
  • He continues with his investments in various business until our days, expanding his hand in other markets like the US and Europe.

5 Tips to Succeed

Tip #1: Learn from other’s mistakes

Everybody says that you should learn from your mistakes. Carlos brings this concept to the next level, saying that you should also learn from other’s mistakes to maximize your success.

Tip #2: Success is Internal, not External

Carlos says that success is not an external opinion, but it is an internal state of being. He puts much importance on honesty and authenticity that he considers being human values superior to any professional, social, or political success. This means that you shouldn’t worry about what others think of you. You might have the best solutions to your problems, but if you don’t act on them because of fear, you’ll never know your outcome.

Tip #3: Be Eclectic

If you want to be a successful entrepreneur is essential for you to know as many things as possible. Not only about life but also about your environment as your brain will be able to create much more associations between ideas and find solutions that, with a narrower view, would be hard to see. 

Tip #4: Personal Life & Professional Life go Together

If you carry out a successful personal life, then it will all reflect in your professional life as well since everything is linked. He says that a good personal life makes you stronger for the challenges that your professional life will give you. 

Tip #5: Find your gift

Everybody is born with some inborn talents, but success is a combination of the talents you have and of the education/training you put yourself into. If you can tap into your own talents and work hard to make yourself a cutting-edge individual in the world, then you’ll be successful. 

Favorite Quotes

  • “Wealth is like a fruit tree. The product of the tree are the fruits that you should give away to grow more trees.”
  • “Success is the harmony between our soul and our emotions.”
  • “A businessman cannot be only business. You have to have more interests. Life offers a lot of interests, to feel, to learn, to live.”
  • “When you live for others’ opinions, you are dead. I don’t want to live thinking about how I’ll be remembered.”

3 Lessons we can learn from his story

Lesson 1: Live happily and without fear

You can’t let fear control you because it will make you lose in life in its many aspects. If you can live without fear or have the courage to smash your fears, then the rewards will be huge in any area of your life.

Lesson 2: Enjoy competing

Have you ever notices that when you don’t have competitors, you usually underperform? This happens because as humans we like to surpass our limits by nature and when we see that somebody else’s doing something that we believed impossible, there are internal resources start to activate and we get to new heights and personal records.

Lesson 3: Be humble

Carlos has achieved huge success over its lifetime, and despite being one of the richest men in the world, he always kept himself humble and lived an authentic life based on what he really desired more than impressing other people.

Curiosities

  • He prefers to keep all his financial data in hand-written notebooks.
  • Slim’s wealth is the equivalent of roughly 5% of Mexico’s annual economic output.
  • He has no interest in becoming the world’s richest person.
  • He met his wife when he was 24, and she was 16.
  • He donated at least $4 Billion into the Carlos Slim Foundation since 2006.
  • His influence in Mexico is so high that many Mexicans said they live in “Slimlandia.”
  • The companies he owns account for 40% of Mexico’s stock market.
  • He loaned $250 million to the New York Times.

Conclusion

Carlos Slim is and has been one of the wealthiest men in history and influencers of markets. His most famous strategy to become that wealthy has been to acquire assets at a low price to resell them at high prices thanks to his massive financial strength. If there’s a man from which you can learn successful business investing, this is one of them.

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Entrepreneurs Uncategorized

Daymond John’s Net Worth (Updated 2019)

Information

Net Worth:$300+ million
Name: Daymond Garfield John
Nickname None
Age:50
Occupation: Businessman, Investor, TV Personality, Author, Motivational Speaker.
Born:February 23, 1969
Spouse:Heather Teroz
Zodiac Sign: Pisces
Children3
Last Updated:2019

Interesting Inception 

You probably know Daymond John from being the CEO of the famous clothing brand “Fubu” that he founded or as the investor in the popular TV Series “Shark Tank.” This great businessman, investor, and author managed to accumulate, as of 2019, a net worth of more than $300 million by doing what he loved.

To discover more on him and how he did it keep reading. 

Early life

He was born in Brooklyn, NY, on February 23, 1969, growing up in the neighborhood of Hollis with his mother and grandmother as his father died when he was only 10. During his childhood, he worked as a flier deliverer, but his entrepreneurial spirit soon started to manifest after high school, where he began his commuter van service. 

Career and Struggle

His idea to start with a clothing business came out when he saw that wolf hats were sold for $20 each. He thought those hats to be overpriced and so, together with a friend of him, he started FUBU. H only had $40 in Hollis, Queens where she taught him how to sew the hats. 

They started selling their hats for $10 each, making $800 in one single day. His business seems like it had a future, but Daymond still couldn’t fully support himself by selling hats only. That’s why he accepted a job at Red Lobster while working at FUBU when he had the time. 

Apart from hats, they started selling printed screen t-shirt. Feeling like the business could become successful, Daymond and his mother mortgaged their house for $100.000 to get enough startup capital. Later he hired his friends Jay Alexander Martin and Key Parent into the business.

They started sewing sweaters, hockey jersey and other clothing items with the logo FUBU. How did FUBU become famous then? Their marketing plan was one of the significant factors that helped them succeed as they started loaning around 10 of the hockey jerseys out to rappers for their music videos for 2 years. 

Thanks to their positioning, they started to be perceived as a big company.

The big turning point occurred when he convinced LL Cool J to wear his FUBU T-shirt in a GAP promo campaign. GAP later found out that he was promoting the brand FUBU and fired the executives responsible for the ad. This was an excellent move from Daymond’s side; in fact, it gave him enough visibility to make the brand even more famous so that he got 300.000 in orders in 1994. 

Now FUBU earns more than $6 Billion.

His Success

Things weren’t easy; they needed to take another mortgage on their house as the orders were very high. They were also turned down from 27 banks being almost broke. In the end, his mother decided to use the money for another promotional campaign that turned out to be very successful that ended up in a deal between FUBU and Samsung textiles. 

In 2009 he was proposed to become part of Shank Tank’s cast that he accepted. To date, he invested more than $8 Million of his capital. His favorite investment is reportedly the once on Bubba’ s-Q Boneless Ribs where he helped grow the company from $154,000 in sales to $16 million in just 3 years.

Apart from his exceptional skills as an entrepreneur, Daymond also works as a motivational speaker, giving speeches at AT&T history makers tour and Babson College School of Entrepreneurship. In 2015, John co-founded a program designed to teach business owners and entrepreneurs business skills and how to bring up their companies.

5 Tips to Succeed

Tip #1: Understand your Why

What you have to ask yourself is why you’re doing what you’re doing. Especially if you want to become more aware of who you are and get a boost on motivation. Understanding your why is what comes before the reach of every goal because they should be a consequence of your why’s. 

Tip #2: Adapt your Mind to Circumstances

The world is in constant change, and if you keep thinking (and thus acting) in the same way forever, then your results will probably be unsatisfying. That’s especially true in our fast-changing world where there’s innovation everywhere and new demands from people. Reprogram your thinking so that you start accepting new ideas and new ways of doing things and you’ll have many more chances to succeed by thinking differently. 

Tip #3: Apply the 80/20 rule

Understand that 80% of your results in life are only dictated by those 20% activities related to those results. He stresses a lot the importance of applying this rule to his business activities as that’s the best way to get the maximum returns with the least possible focussed effort. He doesn’t apply this rule only on business anyway as he says that you gotta find what those 20% things that give you also joy, time, etc. are. 

Tip #4: Don’t chase money

“A lot of people out there chasing their dream but their dream is just to be rich, that’s not a dream” He says that if your only purpose is to be rich and you only go after money, you might end up in the wrong place and you’ll also probably feel unfulfilled even if you’ll get rich one day.

Tip #5: Create a Great Team

Daymond John claimed to have excellent team-building skills, and that’s undoubtedly obvious; otherwise, he wouldn’t have gotten to where he is. He claims that it’s essential to pick the right people and choose the ones that have a vision and a clear direction to take in life. His advice on building your team is looking for people that think outside the box, are driven and can communicate with the rest of the team. 

Favorite Quotes

  • “Everybody in the world has to reprogram the way they think.”
  • “Don’t focus on you; focus on what you can give others.”
  • “If you want something, stop chasing it.”
  • “The only difference between you and me is that I have a camera on me.”

3 Lessons we can learn from his story

Lesson 1: Take calculated risks

When FUBU had some potential, he decided along with his mother to mortgage his house. This anyway wasn’t a move that was done just for the sake of taking a risk. He knew that FUBU had a lot of potentials, and even though he risked a lot with this action, the results eventually paid off. Life is always a risk, what’s important is which risks we decide to get ourself into and usually the craziest, but calculated ones are the best.

Lesson 2: Be endorsed by influencers

Daymond understood the power of influencers back then, even when Facebook and Instagram didn’t exist. At their place were the TV channels only that were the most platforms with the highest influencing capabilities, just like many marketing experts understood. He leveraged the power of personal brands to make his FUBU brand even more impactful as, after all, people don’t buy products per se but the perceptions that they have of the products along with the perceived benefits they’ll give them. 

Lesson 3: Help others succeed

If you do it just for yourself then it you’ll hardly feel fulfilled in your life

Curiosities

  • He is a New York Times and Wall Street Journal, best-selling author
  • His favorite books are “Rich Dad, Poor Dad,” and “Think and Grow Rich.”
  • He wrote 3 books even if he has dyslexia. 
  • In 2015, he was appointed as an ambassador from President Obama to promote underserved entrepreneurs.
  • He first lost $750k on the first season of short tank

Conclusion

Daymond John is undoubtedly a great entrepreneur but what he exudes the most out of himself is the drive and passion for helping others in their life. He understands that everybody has untapped potential within himself with which great goals can be achieved. 

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Entrepreneurs Net Worth

Joe Rogan’s Net Worth (Updated 2019)

Net Worth:$25 Million
Age:52
Born:August 11, 1967
Spouse:Jessica Ditzel
Zodiac Sign: Leo
Last Updated:2019

Joseph James Rogan born August 11, 1967) is an American stand-up comedian, mixed martial arts (MMA) color commentator, podcast host, businessman and former television host and actor. You might know him from being one of the most famous UFC commentators or maybe from his youtube podcast “The Joe Rogan Experience” where he hosts influent speakers from all over the world in the realm of personal growth and human potential development.

Early life

Born on August 11, 1967, in Newark, New Jersey. He is 1/4 Irish and 3/4 of Italian descent. He developed the interest for martial arts in his early teens in fact, as he said: “It was really the first thing that ever gave me hope that I wasn’t going to be a loser. So I really, really gravitated toward it”. 

He started with karate and then moved onto tae-kwon-do. At nineteen, he won a lightweight US Open Championship tournament, giving him hopes to pursue such a career but he later retired from fighting competition at 21 due to frequent headaches and fear to suffer injuries. After that, he decided to pursue a university career, and he enrolled in the University of Massachusetts Boston from which he dropped out as he found it useless. 

Joe Rogan’s Career and Struggle

He started with his career in kickboxing as this was his first intention, but he later started working as a stand-up comedian, under the suggestion of his tae kwon do friends that thought him to be very funny.

At 21 he performed his first comedy routine while he was teaching martial arts at the same time. Later he moved to New York, working at bachelor parties and strip clubs but it’s wasn’t a comfortable life for him as he struggled a lot financially.

After that he had various jobs, for example, he landed a television spot on the MTV comedy show “Half-Hour Comedy Hour. Then he worked with Disney and as a backstage & post-fight interviewer.

His Success

His success arrived when he met UFC president Dana White, that offered him the color commentator job. At first, Joe had refused it as he wanted to go to the fights, drink, and have fun. Then he started working for free in exchange for prime events tickets. Eventually, after 15 gigs, he started doing it getting paid. The rest is just history as thanks to his excellent TV presence and personality, he managed to achieve the success that he deserved.

Later in 2001, he was offered to host the American edition of Fear Factor that subsequently accepted to obtain observations and anecdotes for his stand-up comedy, in fact, he managed to get a lot of visibility in the whole nation.

After Fear Factor, Rogan focused his career on his stand-up comedy, so he hired people to film him around while he was doing his sketches on tour with which he managed to sign various deals.

Another great success of Rogan is the famous “Joe Rogan Experience” that he launched in 2009 as a free podcast with Brian Redban. In his podcast, he hosts influent speakers from all over the world where they talk about topics like politics, philosophy, and personal growth.

5 Tips to Succeed from Joe Rogan

Tip #1: Don’t Settle

Life is not supposed to be a path where you get to a specific goal after which you stop improving yourself. Life is always supposed to be lived at the end of your comfort zone so that you still have that feeling of expansion and growth that makes you feel triggered and motivated to go forward. If you understand this and take life as a never-ending journey of self-discovery and development, then you will always be on the right track as the goal is not right there in the future, but it’s in the process of getting there.

Sometimes you have to push forward in life even if all you want to do is stay comfortable in bed. Those are the times where things will start to change, and you will begin to not only to improve yourself as a man but also to feel better. 

Tip #2: Do Stuff and have a Purpose

We are not designed to live the lives we’re living today like staying sit all day. He says that even if you have everything from life, you still need to fight for something, to have a goal and a reason to wake up in the morning. It’s not only about having fun and eating and doing nothing else but to have a different reason to live that makes you feel better.

It could be writing a book, a song, starting a business, helping people, or experiencing something meaningful. All of this is much more fulfilling than just getting by and living without a purpose by doing nothing. You will never enjoy relaxing unless you knew what hard work means, that’s why you need to have something to fight for instead of just living an “easy” life.

Tip #3: Help other people

True happiness only comes when you can help other people get out of their problems. When you have a purpose that is also linked to making other people’s lives better, then you will know what true happiness means, and because of that, you’ll enjoy life much more. Do not make your life about collecting mundane things, because as humans we’re not hardwired to find happiness in the satisfaction of our own needs only.

Tip #4: Expand your self-image

“My whole life as a young man, I was convinced I was a loser until I started getting good at martial arts I had never thought I was good at anything.” He said that he struggled with low self-esteem his entire life and that he was getting defined by what other people thought of him. This prevented him from truly expressing his fullest potential as a man and becoming a fulfilled individual. He says that you can be limited by your perceptions of someone’s definition of you, but you can break through that with discipline, focus, and concentration.

Tip #5: Be the hero in your own movie

What you should do as a man is to do things for yourself and your personal growth. Don’t do things so that others will respect you, do them so that you will respect you. If you were your hero in your movie, what would you do? If your life was a movie, what would you do? Then little by little, you will build momentum and grow. If you do things just to be liked, you will get into a trap where you do something only for other’s benefit and happiness rather than your own.

Best Quotes from Joe Rogan

  • “One of the worst decisions a man can make is to be comfortable. What you should do is try to earn comfort.”
  • “Sometimes, in life, you have to get up and get s**t done.”
  • “We can alleviate a lot of how we deal with this life if we treated people the way we would treat them as if they were ourselves living another life.”
  • “What would the hero of your life’s movie do now? Do that.”
  • “Unless you’re kind and friendly and loving, you’re not going to enjoy this life. You’re just not.”
  • “Everyone encounters difficulties. There is no easy road. It does not exist”

3 Lessons we can learn from his story

Lesson 1: Exploit Your Talent

Joe never considered the idea of becoming a stand-up comedian until his friends advised him on trying this path as his goal was to become a professional fighter. Nonetheless, he was blessed with the talent of entertaining people both with his presence and fun personality. If he hadn’t had enough self-awareness, courage, and dedication to exploiting this talent of his to create a career out of it, he probably wouldn’t have gotten to where he is now as fast as he did.

Lesson 2: Be Flexible

Joe wanted to become a professional fighter, but when things got complicated, and he faced various injuries that prevented him from keeping up with this path, all he could do was to be flexible enough to consider other directions in life rather than the one he wanted to take at first. Many people are stubborn and keep fighting for a path of their life that really wouldn’t bear any fruit. His flexibility and alignment with his real purpose made him a successful man both inside and outside.

Lesson 3: Be Honest

He was always clear about his intentions even when this meant being completely honest on “Working as a commentator only to get free tickets and get drunk” or refusing gigs he didn’t want to do. If you’re not honest with the people around you, they will have a biased perception of who you are and, sound than later, they will be disappointed when your true self and intentions will shine through. 

Curiosities

  • Worked as a construction worker, limousine operator, private investigator helper
  • He won the Wrestling Observer Newsletter Award for Best Television Announcer twice. 
  • He was named MMA Personality of the Year four times by the World MMA Awards.
  • The Joe Rogan Experience is in the list of the Top 100 podcasts on iTunes.”
  • His wife, Jessica Ditzel, is a former cocktail waitress.
  • He owns a $5 million home in California.
  • He has vitiligo on his hands and feet.

Conclusion

Joe Rogan with his net worth of $25 million is one of the most acclaimed web personalities, thanks to both to his previous visibility given him by UFC and to his Joe Rogan Experience show that reaches a high enough critical mass of people to be called an influencer.