Daymond John Says You Have to Know When to Quit

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In this Behind the Brand video interview, FUBU CEO Daymond John, best known these days as a TV personality on the ABC reality series Shark Tank, says he is no stranger to making mistakes -- multimillion-dollar mistakes, in some cases. 

John tells host Bryan Elliott that he learned over the years to implement set financial formulas and, more importantly, to know when to quit and change directions.

Watch the video for more.

Related: Gary Vaynerchuk Says True Entrepreneurs Enjoy the Process More Than the Success