‘Shark Tank’ Investor Daymond John Interested In African Solar Startup
Daymond John, CEO and Founder of FUBU, told a press briefing at the just ended Global Entrepreneurship Summit (GES) in Nairobi, Kenya, that he was interested in a solar energy start-up and would like to come in and help scale it up distribution in the US.
The co-host of ultra-popular US reality TV series ‘Shark Tank’ said he had not been approached by any investors by the time of the press briefing but he had taken keen interest in the solar start-up and was going to pursue them.
“I did see one that I did like and maybe I will help once I’m back in the United states. It was part of Power Africa. It was the company that was making solar lamp for about $5 and maybe I can help them with distribution in the United States. But they are doing amazing here already,” John told journalist on the sidelines of GES.
He said starting up as an entrepreneur most of his business ideas failed and he believed that failure was part of success and not a reason to give up.
“The more times one has failed and still kicking, the more they understand what they want and hence less mistakes in future,” he said.
“The key ingredient of success, because money is not in it, is doing what you are obsessed with because in the event you end up not getting what you expected, you don’t regret that journey.”