reach usupdatesblogsfieldscommon questions
archiveindexconversationsmission

'Shark Tank' star worked at Red Lobster while building his business: Your 9-to-5 can be 'your first investor'

February 1, 2026 - 04:49

'Shark Tank' star worked at Red Lobster while building his business: Your 9-to-5 can be 'your first investor'

Daymond John, the founder of iconic streetwear brand FUBU and a mainstay on ABC's Shark Tank, recently shared a pivotal chapter from his entrepreneurial journey. Long before evaluating pitches in the Tank, John was balancing trays at Red Lobster, a job he deliberately kept while launching his fledgling company.

He champions the often-overlooked day job as a critical financial foundation. "Your 9-to-5 can be your first investor," John asserts, reframing traditional employment not as a barrier to entrepreneurship but as its essential fuel. His wages from the restaurant chain directly funded the initial production runs of FUBU hats and shirts, allowing him to bootstrap the business without surrendering equity to outside investors early on.

This strategy required immense personal sacrifice, often involving 18-hour days split between shifts and sewing samples. However, that steady income provided a safety net, covering his living expenses and mitigating the extreme risk of starting a company. John's story serves as a powerful reminder that the path to business ownership isn't always about quitting your job. Sometimes, it's about strategically using that stability to build your dream methodically, proving that resilience and resourcefulness can turn a uniform into a multimillion-dollar empire.


MORE NEWS

Denver’s First Asian Market to Pass Business to a Fourth Generation

January 31, 2026 - 04:49

Denver’s First Asian Market to Pass Business to a Fourth Generation

A beloved Denver institution is celebrating a remarkable milestone as it prepares to welcome leadership from its fourth generation. The city’s first Asian market, a cornerstone of the community...

Phoenix businesses join nationwide 'ICE Out' to protest immigration raids

January 30, 2026 - 02:26

Phoenix businesses join nationwide 'ICE Out' to protest immigration raids

Phoenix, AZ – In a powerful display of solidarity, numerous local businesses throughout the Valley plan to cease operations this Friday, January 30th. This coordinated action forms part of a...

A Business Owner Is Getting Divorced, Asks Dave Ramsey If He'll Lose The Business. 'She's Actually 98% Owner Of The Business And I'm 2% Owner'

January 29, 2026 - 22:58

A Business Owner Is Getting Divorced, Asks Dave Ramsey If He'll Lose The Business. 'She's Actually 98% Owner Of The Business And I'm 2% Owner'

A Texas entrepreneur is confronting a devastating double loss: his marriage and potentially the business he operates. Despite being the primary operator since 2021, the man, identified as Manny,...

Tesla

January 29, 2026 - 03:17

Tesla

Tesla`s fourth-quarter financial results revealed a significant downturn, marking a difficult close to what has been the automaker`s most challenging year since achieving consistent profitability....

read all news
suggestionsreach usupdatesblogsfields

Copyright © 2026 Groevo.com

Founded by: Lily Pacheco

common questionsarchiveindexconversationsmission
privacy policycookie policyuser agreement