Daymond John, now best known as part of ABC’s Shark Tank, burst into public awareness in the early ’90s, when he launched the FUBU clothing line. But, as with most “overnight” successes, it took some time: John admits that he “failed a bunch of times” before he had the idea to start selling hats and T-shirts with some friends. And when the potential for his ideas became clear, he took out a loan and launched FUBU — while still waiting tables at Red Lobster.
John’s gift for imaginative marketing was soon in evidence: In 1993, he asked an old friend, LL Cool J, to wear the clothes, and even to wear a FUBU hat and say the words “for us, by us” in a commercial — for rival clothing company…
