Daymond John’s advice: Use the power of broke –

Daymond John’s

What does it take to use “the power of broke?”

“First, put skin in the game yourself before you go and ask anybody else to help you,” John said.

But nothing pays off like hard work. John advises entrepreneurs to work 10 times harder than their competitors.

“Get up in the morning before everybody. Go to bed after everybody,” he said.

Disclosure: CNBC owns the exclusive off-network cable rights to “Shark Tank.”

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