Daymond John reveals one of his biggest regrets in life

In serve to aggregation a multimillion dollar happening due to his rarely successful hip-hop conform line FUBU and “Shark Tank” appearances, Daymond John was also recently allocated as a Presidential Ambassador for Global Entrepreneurship by President Barack Obama — though he still has one large regret: not portion in a U.S. military.

“I usually have a outrageous honour for [veterans],” he recently told AOL Finance. “I know how they’ve all dedicated themselves for us.”

As one of a 9 aforementioned Presidential Ambassadors for Global Entrepreneurship — an beginning directed during building a subsequent era of entrepreneurs, both during home and abroad — John was recently afforded a event to transport a world, accommodate veterans and stream servicemen. He’s taken his purpose even further, partnering with Bob Evans’ Farms for a Our Farm Salutes veterans program. The contest, that kicked off final month, will endowment 3 up-and-coming maestro entrepreneurs a $25,000 extend to serve pursue their entrepreneurial dreams. The winners will also accept a one-on-one mentoring event with John.

“I consider not adequate is finished for them and we consider that they are entrepreneurs. They know how to finish tasks, work within a complement and figure things out one approach or another,” John explains.

In an talk with Yahoo Finance, John voiced how some-more U.S. companies should yield programs to assist entrepreneurs. “If we support entrepreneurs, not usually will we assistance their company, though we can also get entrepreneurs operative within your complement — that’s an intrapreneur,” he explained. “And that will boost your bottom line since people will see that we care. So we consider Bob Evans is environment a good example.”

While John might not have a approach palm in selecting a winners of a contest, he skeleton to learn useful lessons to those chosen.

When asked what a many critical qualities a good coach should possess, John told AOL Finance, “Generally, mentors bond we with other people that they feel can supplement value to you. They tract untapped resources we now have that we haven’t been utilizing, so we don’t have to go out and find new resources — though maximize what you’re now doing.” a startup financier continued, adding, “They also try and reason your palm usually a small bit and try make certain we don’t make mistakes perplexing to scale too fast. Like, holding in additional supports when we know we don’t need it or shopping some-more register when we didn’t need it.”

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