Businesses will have to learn to adapt to the virtual work environment, this according to Daymond John, CEO of FUBU and star of Shark Tank.
“I’m working with my team of 35, 40 people virtually, it’s working out. I was probably about 50% ready for something like this because I make sure that I hire much younger and smarter people than me, and that’s the whole reason we hire people,” Daymond told Kitco News.
Daymond said that disruptions to business will come every five to ten years, so it is best to be prepared. The FUBU CEO spends 20% of his time learning other skills.
“I’m not a conspiracy theory person, it just happens to happen like that more often than not,” he said.
Daymond’s book, “Powershift: Transform Any Situation, Close Any Deal, and Achieve Any Outcome,” has interviewed many other powerful business leaders about obtaining power in the business world.
“I promise you, nobody is going to give you power. Even as I respect you all I want, I’m not going to come to your house, kicking down your couch, knocking the Doritos out of your hand, picking you up and saying I’m going to make you more powerful,” he said.
The book also explores personal objectives in business, as well as the proper steps in tackling a successful negotiation.
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