Daymond Garfield John is a name that most of you may be familiar with. He is best known as the founder, president, and chief executive officer of FUBU (the clothing brand), and appears as an investor on the ABC reality television series Shark Tank in all of its seasons. Today, he invites several people, especially Americans, to be a part of something that’s bigger than themselves. He invites even ordinary people to join forces with the nation’s top investors to, as he says, ignite a comeback. To this end, he claims that “The Alpha Cut” isn’t just a single product, but a movement, that spreads from coast to coast, transforming every mainstream and every town.
Daymond explains that there are several startup brands out there, and plenty of them have ideas that could potentially be groundbreaking and game-changers in the future. The only problem with them? Lack of funding. After all, what’s the use of a good product idea if you don’t have enough money to implement it? That’s why he encourages more people to invest in these startups, especially if the idea is going to be profitable in the long run. This is known as “angel investing”, and has proven to be another good method to build your wealth, especially if the brand succeeds.
Of course, upon being presented with this idea, you’ll immediately think that you don’t have the money for this. You’ll think that maybe, investing is only for the extremely rich and wealthy people. Before, I would have to agree with you. But Daymond explains that the landscape has changed. Congress has passed the “Angel Investment Amendment” bill, which promotes small business startups by speeding and increasing the availability of essential seed capital from qualified investors. In short, just about anyone can be an angel investor for several startup companies. And you don’t need to spend tens of thousands to even millions of dollars for this to happen.
Daymond then cites an example. “Today, just $50 can get someone in on the action. Even that little bit can go a long long way. When Bezos had that little idea called Amazon? Ya know, that startup, outta his garage? He had 22 angel investors backing him. By 2018, those shares would’ve been up 14 million percent. If somebody was given the chance to toss just $50 into Amazon, as a startup, they would’ve had more than $7 million dollars; $500 would’ve landed them over $70 million dollars.”
Of course, the rule of investing also applies to these startups. Basically, don’t put your eggs in one basket. Say, if you have something like $700 ready for investing, it’s better if you split up your capital so that you’ll only invest $50 dollars on one startup, another $50 on the other one, and so on. If you do this right, studies reveals you could absolutely gain more than investing in, say, the stock market. In fact, research shows that for every $1 a stock investor profits, an angel investor could’ve made $1,650 back. The question that remains, however, is which startup companies have the potential to be something as big as either AirBNB or Amazon in the future.
Because you can’t just invest in any startup blindly, as that is a surefire recipe for financial disaster. The problem is that venture capital firms take most, if not all of the good startups out there. The only way for you to be able to take that sweet slice of the pie is if you happen to know someone who’s also got access to the most promising startups. Worry not, though. Daymond has you covered. He and his inner circle not only have deal flow, but they’re also diligently screening every startup they find, looking for the right idea, at the right time, with the right team in place.
Thus, if you love the idea of putting your money into a promising brand that may become a multi-millionaire company in the future, thus giving you returns that are way more than double your investment, then Daymond John’s 100x Formula is a good program for you to join. You’re going to experience being one of those “sharks” in Shark Tank, but it’s entirely home-based. Daymon John’s program costs only $199 to join. There are plenty of startup brands that has potential to be big, but some of them are just flying under the radar. So I certainly think this is a good idea. The sales page looks scammy, though.