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Shark Sighting: Daymond John

Shark Sighting: Daymond John

4:27·By Gemma G
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About this video

Daymond John has built enough brands to recognize when to stay in and when to get out. The consummate businessman returns to ABC's "Shark Tank" to help others build themselves up. His advice doesn't come cheap but he does offer some good thoughts on Young Hollywood. Hosted by RJ Williams.

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Young Hollywood

Let's talk about the Young Hollywood brand. So, what's sort of your advice on the on the Young Hollywood brand? And what do you give to the consumer? What access do you give to the consumer? Access that they can't get any place else.

Daymond John

I I don't want to give you all the answers now because you haven't paid me.

Young Hollywood

And that, my friends, is why he is a shark. RJ here. We're hanging out at the Young Hollywood Studio with Damon John, who you all know from Shark Tank. So now, on Shark Tank, you're always helping other people with their brands and

Daymond John

Right.

Young Hollywood

giving them advice. I want to talk about your brand for a second. Okay. How is the show Shark Tank helped you evolve the Damon John brand?

Daymond John

I started branding a lot of artists. I brand now, um I work a lot with Pitbull. Um I'm starting to actually work with Miss Universe and Donald, Miss Teen USA and Miss USA. So, you know, it's like a shark brand, isn't it? Yeah, I'm starting to I'm starting to brand. I'm starting to brand a lot of other people and great brands and I'm having, you know, I'm having a ball with it.

Young Hollywood

So, how do you go about doing that? Someone comes to you, Miss USA, for example, whoever it is. Yeah. Where do you start?

Daymond John

I think there's always an angle to reinterpret a brand. I mean, look at Fubu, argue and say. We looked at it and we saw that we were the global holders of FB. Right?

Young Hollywood

Uh-huh.

Daymond John

Right now, if I go and do a Facebook mine.

Young Hollywood

Uh-huh.

Daymond John

It would be a billion dollar line. That's the FB brand. They have to come to me because it's category 25 and I own global rights to all fashion.

Young Hollywood

And that, my friends, is why he is a shark. You got it on that. So now, let's talk about the Young Hollywood brand. You know, you and I've hung out a little bit. You know what I've been building, what I've been creating. You You've sort of watched it evolve.

Daymond John

Very sexy brand. I like it.

Young Hollywood

So, what's sort of your advice on the on the Young Hollywood brand if I were to come to you for branding? Damon, help me out. We're doing great, but how do we even take this to to the next level? And what do you give to the consumer? What access do you give to the consumer? Access that they can't get any place else. You know, look, you're in the Four Seasons. Uh, you know, and

Daymond John

That's a suc. That's pretty That's pretty big. And then you develop where you're going. I I don't want to give you all the answers now because you haven't paid me. But, um I think that there's I I think you're on to something because obviously I'm on the show and I love the show.

Young Hollywood

And we love having you. So. It's always good to have you. Now, if we took Young Hollywood on the show Shark Tank, which of the sharks do you think would would be into it?

Daymond John

Well, I think that Cuban,

Young Hollywood

Yeah.

Daymond John

Mark Cuban would be into it because, um he, you know, he has HDNet. And maybe that's a deal for us to do. I think that, um Robert Herjavec would like it because Robert Herjavec has the best hair on the show, and I think he would want to be you'd want to be on here.

Young Hollywood

Good. You're not sticking me with a Kevin. I wouldn't I wouldn't be able to handle that one.

Daymond John

And and I would like it. I would like it. It's a good combo. That's a powerful team.

Young Hollywood

Yes. Speaking of Kevin, is he that hardcore in real life? Like he is scary on the show. You watch and you're like, I do not want to be in business with this guy.

Daymond John

Kevin is the nicest guy in the world. But, just don't ask him his opinion about money. And this season, there there've been some fun ones, but the the one that sticks out in my mind, we were talking about it earlier. The guy with the shirt collar. Oh, the Canadian. Great Canadian guy. But, how did you handle that one? Uh, you know, we all have pet peeves, and my pet peeve is being dismissed. So, if I'm sitting there talking to you and you're going or you hang up the phone or you slam the door in my face, you know, it really makes it just makes my blood boil. And that's what he was doing. And you know, I had to think about it. Maybe the guy he was just nervous or whatever the case is. And now, speaking to him afterwards, great guy. Everything's cool. Is that funny? You can't judge a book by its cover. Just because it's it's not right the first time.

Young Hollywood

Yeah, but you could want to strangle a book by its cover sometimes. How do you know, like, both on the show and in real life, when it's time to actually be the shark and when you sort of have to pull back?

Daymond John

In personal life, um, being a shark can can can sometimes affect the personal aspect because when you're talking to, you know, my girlfriend or my kids or something else, they're going, they're like, Why Why are you talking to me like that? Right. And you forget because you're used to being a boss.

Young Hollywood

Yep. We can't have you in here without talking fashion and style. Sure. You You've evolved it a little bit. You're always evolving it, but a lot of times, I see it's like the suit.

Daymond John

You know, this is my normal basically way of dressing. That was fun. This is tight. I got my eye on this. It's like leather, but it's That's all one piece.

Young Hollywood

Yeah, yeah, it is. Actually. I would love to I would love to say it is, but it happens to be Gucci, so. Is it one of your inventions?

Daymond John

And that, my friend, you got advice on business, you got advice on fashion, and you just got advice on how to build your brand. So, check out his book, check him out on Shark Tank. Anything else that the audience? Uh, check me out on Twitter. I'm the Shark Damon.

Young Hollywood

Check him out on Twitter. You know, all the sharks, what we do is, when the show comes on, we all go on Twitter, all five of us, and we recap the show and sling a little dirt on each other and and I think we're the only ones doing that when it comes on. So, I'm going to do that this week. I'm going to do that this week.

Timestamps are approximate — click one to jump the player.

PEOPLE MENTIONED

  • Daymond John

    Interview subject and Shark Tank star

  • RJ Williams

    Interviewer and host

  • Pitbull

    Artist Daymond John works with

  • Miss Universe

    Brand Daymond John is working with

  • Donald

    Implied reference to Donald Trump in context of Miss Universe/Teen USA/USA

  • Miss Teen USA

    Brand Daymond John is working with

  • Miss USA

    Brand Daymond John is working with

  • Mark Cuban

    Fellow Shark Tank investor mentioned as a potential Young Hollywood investor

  • Robert Herjavec

    Fellow Shark Tank investor mentioned as a potential Young Hollywood investor

  • Kevin O'Leary

    Fellow Shark Tank investor, discussed by Daymond John

FAQ

What advice does Daymond John give Young Hollywood?+
Daymond John's advice to Young Hollywood is to offer consumers access they cannot get anywhere else, but he humorously adds that he won't give all the answers without being paid.
How has Shark Tank helped Daymond John's brand?+
Shark Tank has helped Daymond John evolve his brand by allowing him to brand other people and entities, such as artists like Pitbull and organizations like Miss Universe.
Which Shark Tank investors would be interested in Young Hollywood?+
Daymond John believes Mark Cuban would be interested due to his HDNet connection, and Robert Herjavec would also like it because he has the best hair on the show.
What is Kevin O'Leary like in real life?+
According to Daymond John, Kevin O'Leary is the nicest guy in the world, as long as you don't ask him his opinion about money.
What is Daymond John's pet peeve?+
Daymond John's pet peeve is being dismissed, which makes his blood boil when people are disrespectful during conversations.
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