The Power of Broke: How Empty Pockets, a Tight Budget, and a Hunger for Success Can Become Your Greatest Competitive Advantage

by Daymond John

Aim too high and you’re bound to be frustrated, disappointed. Aim too low and you might leave some opportunities on the table, so take the time to get it right.

You will never create anything new. Twitter is just an updated version of a note tied to a pigeon’s leg. Facebook is nothing more than an endless chain letter, or another way to look at it, scribbles on the bathroom wall. Instagram is the scrapbook you used to keep and share with your friends.

“A fool can learn from his own mistakes, but a wise man learns from the mistakes of others.”

Even when they’re asleep, sharks are slipping through the ocean, swimming, scheming, getting ready to attack—which is pretty much the approach you have to take when you’re starting out in business. You have to be relentless, nimble, moving ever forward.

The initial $10,000 raised by Nick Woodman to fund his GoPro launch came from selling bead-and-shell belts out of his VW van….What a great example of doing whatever you have to do to get it done.