Running a business takes a lot of knowledge and expertise. Nobody knows that better than Daymond John. He’s the founder, president, and CEO of FUBU, a clothing brand that rose to popularity in the 1990s.
You might not know that Daymond John is also a big reader of some of the best books on business, investment, and finance. Many of them were best sellers. Book recommendations like his are great for any level of business you aspire towards.
In this article, you’re going to learn about the best books recommended by Daymond John.
Who is Daymond John?
Daymond John is a successful entrepreneur, investor, author, motivational speaker, and television personality. He was born on February 23, 1969, in Brooklyn, New York, and grew up in Queens.
Daymond John seemed destined to be an entrepreneur from a young age. He sold pencils on the streets at the age of 10 and later worked different jobs to support himself and his middle class family.
In 1992, John launched FUBU. The clothing brand started as something he ran from his home but grew into something much greater. FUBU eventually became a global phenomenon with over $6 billion in sales.
Today, Daymond John is best known for his role as a “shark” on the ABC television show Shark Tank, where he invests in and mentors aspiring entrepreneurs. He is also the founder, president, and CEO of The Shark Group, a branding and marketing firm.
Daymond John’s favorite books
Think and Grow Rich – Napoleon Hill
Think and Grow Rich is a classic self-improvement book published in 1937. It outlines Hill’s philosophy of success based on interviews with successful people, including Henry Ford and Andrew Carnegie. It’s also recommended by Tony Robbins, the legendary motivational speaker.
The book emphasizes the importance of positive thinking, goal-setting, and persistence. It has helped generations of readers better organize their mindset for success.
It’s one of the first self-help books out there in the style of Dale Carnegie ( the author of How to Win Friends and Influence People).
Rich Dad Poor Dad – Robert T. Kiyosaki
Kiyosaki shares what learned from his “rich dad” and his “poor dad” about money and investing. Rich Dad Poor Dad has some pretty controversial takes on money but encourages people to take the steps toward financial freedom.
Many have called it one of the best business books out there and it was a New York Times best seller.
Who Moved my Cheese? – Spencer Johnson
This book is a bit different from the other ones on the list. It has a very simple and fable-like approach. It takes you on the journey of four characters navigating a maze. Along the way, they learn the lessons of change and embrace new opportunities.
There’s something for every type of reader in this book. The simple storyline makes it easy for everyone to understand. Who Moved my Cheese? is a book that could potentially change your life.
Blue Ocean Strategy – W. Chan Kim
Blue Ocean Strategy, written by W. Chan Kim and Renée Mauborgne, takes an interesting approach to business. It makes the argument that companies can create new markets and thus succeed.
They call these new markets “blue oceans”. There’s also a guide and framework for identifying and creating potential new blue oceans along with examples of companies that have done this before.
It has appeared on the Wall Street Journal best-seller list
Freakonomics – Steven D. Levitt
Imagine looking at the way the world works through the lens of an economist. Freakonomics by Steven D. Levitt and Stephen J. Dubner applies economic principles to all kinds of topics in daily life. It unveils surprising insights and discoveries into how the world works.
It’s a must-read for anyone who wants to gain insight into economics and even entrepreneurship. In addition to Daymond John, It was even recommended by Bill Gates and Malcolm Gladwell.
Jab, Jab, Jab, Right Hook – Gary Vaynerchuk
This one is all about marketing. Jab, Jab, Jab, Right Hook emphasizes how important storytelling on social media is to build a brand. It goes into depth about social media campaigns and creating content that is engaging for followers. It’s a great book for business leaders and beginners alike.
The New One Minute Manager – Kenneth Blanchard
The New One Minute Manager is all about leadership. It was written by Kenneth Blanchard and Spencer Johnson. The book provides very effective, yet simple principles for managing people. The authors make the case for providing clear expectations and feedback while giving employees the praise they deserve.
Add this one to your reading list, regardless of whether you want to launch a startup or already manage a business.
Invisible Selling Machine – Ryan Deiss
What if a successful hustle could be invisible? In this book, you learn how to create automated email marketing while converting your leads into customers. You can find all kinds of examples of successful campaigns with tips on writing emails and building a customer list.
The main takeaway here is that you can get customers with minimal overhead.
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FAQ
What is Daymond John investing in?
Daymond John invests in a variety of industries, including fashion, technology, and entertainment, through his investment firm, The Shark Group. He also invests in certain companies on Shark Tank.
How rich is Daymond John?
Daymond John has a net worth which is estimated at $350 million.
What age did Daymond John start FUBU?
Daymond John started FUBU in 1992 when he was only 23 years old.
What are the 4 keys to success according to Daymond John?
Daymond John states that the four keys to success are setting goals, doing your homework, staying focused, and creating a great team.
Has Daymond John written any books?
Daymond John’s books include The Power of Broke, Rise and Grind: Outwork, and Outhustle Your Way to a More Successful and Rewarding Life, Display of Power and The Brand Within : The Power of Branding From Birth to the Boardroom. He wrote many of these books with Daniel Paisner.
