Daymond John is out! The Shark Tank investor is used to saying “no” to entrepreneurs on his hit show, and is just as brutally honest with his celebrity friends about their ideas.
The FUBU creator recently sat down with Us Weekly Video and revealed that he’s constantly getting ideas thrown at him.
“They pitch me a lot, but they usually pitch just to get my feedback,” the Power of Broke: How Empty Pockets, a Tight Budget, and a Hunger for Success Can Become Your Greatest Competitive Advantage author said. “And then they go off to someone who doesn’t know them to give them a big old check for it.”
Yet, he has taken some stars up on their offers, like Diddy, who he advised when he was starting his brand Sean John, and the Kardashians who he aided in “integrating products into their shows.”
However, there is one celebrity idea that he hasn’t been able to get off his mind.
“David Arquette, it was Super Bowl last year, and he pitched me a song he wanted to put out. It was a good idea though; it was brush your teeth for kids. It was front, back, side to side“ John, 46, said. “I’ve been signing the song all year, but I’m not a music producer.”
We decided to put the Shark to the test, asking him what other inventions he would or wouldn’t invest in? Can John decipher between real and fake inventions? Watch to find out in this round of “Find the Fake” with Daymond John.
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