Ever been ripped off by a prominent individual? - Update - It was Daimond John

the bossman

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Ya'll are some jerkoffs if you really can't see a problem with charging top dollar for that lame kindergarten advice. He wasn't doing charity work, he got paid 2k for 30 minutes and couldn't bother to offer anything beyond a 5 minute google search. Ya'll are crazy, I would be fukking pissed. If you call that business then i got some boys in Nigeria who would like to speak with you.
The problem is dude came at him with most likely some generic ass questions and got generic ass answers in return.

Instead of doing some research and coming with specific questions and things he's tried in the past, he most likely asked some basic shyt like "how can i get more customers?"
 

Ghpstface

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TO DAYMOND'S DEFENSE, I also wanted to add this.

Believe it or not, I actually believe there's a possibility that he was actually sincere with the advice he was giving me

Here's the thing.

There's a false perception out there that the reason why these Millionaire and Billionaire Entrepreneurs are in the position they in is because they are somehow smarter in business then everyone else.

That is not necessarily true. They where merely luckier then everybody else.

They benefited from certain circumstances in history, and they were at the right place at the right time, and they were just smart enough to capitalize on it.

For example, here's the way you got to look at things.

Mark Zuckerberg came up with the idea of facebook when he went to a particular prep school that had a student directory that was somewhat similar to what we know as Facebook today.

So what if Mark Zuckerberg never went to that particular school? Chances are, we would've never had a facebook.

Or even using Dayme as an example. All the forces in the universe also collided in his favor with Fubu.

He was lucky in the fact that he started his company in Queens at a time when Queens rappers where becoming very popular in hip hop.

He used to have Queens rappers wear his shirt.

He was a roadie for popular rappers and even had LL COOL J LIVING in his neighborhood! See how success is really circumstantial??

So he just walked up to LL and LL decided to give him an opportunity and the rest is history.

I believe there's a book called Outliers that speaks on this.

So allot of times when we watch interviews or seminars with successfull people, we look towards them to give us some magical beans, or some great advice that we can implement.

But like 99% of the time, we can't, because its not necessarily implementable in our OWN lives, our own LIFE TRAJECTORY.

You cant put somebody else's number in your own equation.

So there's a good chance that the reason why he gave me generic advice is because THAT'S ALL HE COULD GIVE.

BUT ON THE FLIPSIDE, I do look at the meeting as a rip off because if you KNOW that you are going to be giving out generic advice, dont charge a struggling entrepreneur thousands of dollars for it.
So i guess you really did learn something from the meeting :leon:
 

D.C Young

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Pay $2000 and expect a shark to invest in your company :russ:

man I'm kind of naive when it comes to the good nature of people

allot of times we project our own character traits on other people

and because I'm such a honorable dude with integrity,

I often make the mistake of assuming that with other people

the reason why many of you guys knew something like this was going to be a rip off

is because if you were in his position, you would've done the same thing...

they say real recognize real, well fake also recognize fake

If I was a black man worth hundreds of millions and I saw a struggling young black entrepreneur infront of me

I wouldn't let that dude out of my sight, I would immediately start helping dude out

not only because its the right thing to do, but also because its group economics

but anyways, it was a good learning experience :tu:
 
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OP, you paid $2000 to learn the most important lesson you will ever learn.

Nobody gives a shyt about you unless your success contributes to theirs

You will be a better businessman after this....well worth $2000.

Its just unfortunate that it was the last of your money. Sorry man, sucks to be scammed. Hope you can find success.
 

D.C Young

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stfu, that's what consulting means. That's the whole business.

You don't have to be "Invested in their company" or whatever shyt you tell yourself. You pay people for insight and your expertise You act like there aren't people out there who wouldn't have given him better advice for way less than 2k. Stop dikk riding :mjlol:

bruh do these dudes even know what consulting means? smh
 

Human Torch

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This is creepy brehs. A dude I went to school with just posted a pic on Facebook today shaking this dudes hand. Should I tell him it wasn't worth?

Sadly he prolly just gon call me a hater and keep it pushin:yeshrug:
 

FSP

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The problem is dude came at him with most likely some generic ass questions and got generic ass answers in return.

Instead of doing some research and coming with specific questions and things he's tried in the past, he most likely asked some basic shyt like "how can i get more customers?"
I'm not gonna lie, if I'd have seen that ad, i'm 80% sure I would have thought he was trying to rip people off first glance. If it wasn't for the name attached to it I'd have written it off with all the other half baked sleazy scams people run across you every once in a while.

30 minutes? You barely have time to explain your business. Even on Shark Tank the pitches are around 45 minutes long (later edited down to 5-6 minutes by the studio for TV) so...that's like no time at all for anything. And then to charge 2 bands on top of that..:dame:

You're probably right though, when you have that little amount of time you should plan ahead big time.. but even then, there's no guarantee he would have given you some sort profound insight that you didn't think about before. Thats why...ugh. That's why Im so paranoid when people ask for pay in advance..it's just asking for trouble.
 

D.C Young

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The problem is dude came at him with most likely some generic ass questions and got generic ass answers in return.

Instead of doing some research and coming with specific questions and things he's tried in the past, he most likely asked some basic shyt like "how can i get more customers?"


wow you speculating bruh

before the meeting, they made me fill out a DETAILED questionaire about my business

and here's one example of a rebuttal question that I had for him after he told me that I should re-engage all my

customers that didn't reorder my product :

"I dont want to have to CONVINCE a customer to re-order my product, how do I GET TO A POINT,

where a customer is going to FEEL NATURALLY COMPELLED to re-order my product?"

so if you analyze this question, that tells you allot about my mindstate during the meeting,

not only was I there to learn, I EVEN respectfully CHALLENGED DAYMOND by rebutting his point

stop making negative assumptions
 
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Nigerianwonder

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wow you speculating bruh

before the meeting, they made me fill out a DETAILED questionaire about my business

and here's one example of a rebuttal question that I had for him after he told me that I should re-engage all my

customers that didn't reorder my product :

"I dont want to have to CONVINCE a customer to re-order my product, how do I GET TO A POINT,

where a customer is going to FEEL NATURALLY COMPELLED to re-order my product?"

so if you analyze this question, that tells you allot about my mindstate during the business,

not only was I there to learn, I EVEN respectfully CHALLENGED DAYMOND by rebutting his point

stop making negative assumptions

Unless your product sells itself you're going to have to do some sort of re-engagment or convincing for your customers. Not sure what you expected damon to tell you. He aint gonna give you the sauce breh. You gotta figure that out.

But where you messed up was not utilizing the opportunity to establish a relationship with damon. That really should have been your number 1 focus going in. Business is all about relationships and damon has a powerful network. 1 phone call could change your life.

You shouldnt have left that room with his direct contact info and some type of follow up. Even if just to tell him your thoughts on the book he told you to read. If not him then his assistant. Thats really what you paid for. The opportunity to establish a relationship with him.
 

the bossman

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wow you speculating bruh

before the meeting, they made me fill out a DETAILED questionaire about my business

and here's one example of a rebuttal question that I had for him after he told me that I should re-engage all my

customers that didn't reorder my product :

"I dont want to have to CONVINCE a customer to re-order my product, how do I GET TO A POINT,

where a customer is going to FEEL NATURALLY COMPELLED to re-order my product?"

so if you analyze this question, that tells you allot about my mindstate during the business,

not only was I there to learn, I EVEN respectfully CHALLENGED DAYMOND by rebutting his point

stop making negative assumptions
I think you probably weren't very sure what you were paying $2000 for, cause I actually think that is decent advice. Why wouldn't you re-engage a customer who's bought your product before? I don't agree with sending discount coupons but why not ask a customer who's purchased before why they haven't reordered? Find out what is missing from your product that doesn't "naturally compel" them to reorder. If they're not re-ordering maybe it's because your product is shytty or it doesn't deliver what you claim, but you have no idea because you're not re-engaging them for feedback at least. What burning pain of the customer is your product solving?

So here is this millionaire consultant trying to give you advice and you telling him you don't want to do what he's advising you to do. He probably just wrote you off after that.
 

D.C Young

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I think you probably weren't very sure what you were paying $2000 for, cause I actually think that is decent advice. Why wouldn't you re-engage a customer who's bought your product before?

who said I didn't want to do that?

Its good advice but its COMMON SENSE...I knew that shyt before the meeting....

If I meet one of the top entrepreneurs in the country, I want to learn shyt I DONT ALREADY KNOW





So here is this millionaire consultant trying to give you advice and you telling him you don't want to do what he's advising you to do. He probably just wrote you off after that.


who said I didn't want to do that?

I told him that it was good advice and I would do that, but my rebuttal question was BEYOND THAT....

it was about the big picture which is that I shouldn't have to CONVINCE A CUSTOMER TO REORDER MY PRODUCT IN THE FIRST PLACE

I shouldn't be in the convincing business, I should be in the -how is a customer going to feel naturally compelled to reorder my product business-

that's where BRANDING comes into play, and that's why I wanted that meeting
 
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