Just read an interesting take from Daymond John about the worst business advice he's ever gotten, and honestly it's not what you'd expect. The Shark Tank investor didn't talk about some strategy mistake or market timing fail. Instead he pointed to something way more fundamental - how people treat others when they make it.



He basically said the worst advice was an attitude. People with money sometimes think it's okay to discard people on the way up, like those relationships don't matter anymore. Daymond John straight up called that horrible. Coming from someone who built FUBU from a $40 budget into a multi-billion dollar fashion brand, that's a pretty significant observation about what actually matters in business.

What struck me more though is his whole philosophy on financial intelligence. He's been pretty open about nearly going bankrupt three different times - twice when he had nothing and once when he actually had money. That's wild coming from someone worth hundreds of millions now. His point is that nobody really taught him how to manage finances early on. As someone from a background without generational wealth, he had to figure it out the hard way.

That's why he's so focused now on teaching this stuff to the next generation. He mentioned how 65% of professional athletes and lottery winners end up broke within three years. People look at them and say they messed up, but Daymond John sees it differently - they were never taught financial intelligence in the first place. You can't blame someone for not knowing what nobody ever taught them.

He's pushing this through his project around financial education for kids, trying to get schools and other institutions to actually make financial literacy part of the curriculum. It's interesting because it shows how someone who made it to that level is thinking about systemic problems rather than just personal success stories. The business lessons seem secondary to the bigger picture about building knowledge from the ground up.
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