Billionaire REVEALS The Key Habits That Will CHANGE Your Life! | John Paul Dejoria

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Published 2017-05-02
John Paul DeJoria is a rare breed of entrepreneur: equal parts gritty resourcefulness and deep compassion, his early days of door to door sales in Los Angeles taught him to welcome rejection as a close friend. It was this mindset that ultimately helped him launch the hugely successful Paul Mitchell hair care line on just a hope and a prayer. Since building the Paul Mitchell empire, he’s since followed it with more hits, including the wildly popular Patron Tequila, all while enjoying extremely low employee turnover rates at his companies. In this episode of Impact Theory with Tom Bilyeu, John Paul DeJoria talks about life lessons that have shaped him, from his hard knock early years to becoming one of the world’s biggest and most respected entrepreneurs.



SHOW NOTES

John gives his definition of the American dream. [2:46].

John provides tips to prepare for and overcome rejection. [5:01]

Tom and John discuss not knowing what to do and learning from your mistakes. [12:36]

John talks about leveraging previous work experience as a stepping stone. [16:23]

John recalls how he helped build the Paul Mitchell brand. [19:31]

Tom and John discuss the platinum rule and the importance of taking care of people. [22:38]

John shares the importance of loving what you do and getting hired for being yourself. [27:23]

John recalls moments that solidified why philanthropy is baked into everything he touches. [29:25]

John talks about his organization Grow Appalachia and being a change in the world. [33:06]

John shares three lessons that he taught his children in order to be successful. [37:26]

John talks about the powerful impact of being positive. [40:59]

Tom and John discuss finding a niche and building a company in today’s environment. [43:03]

John defines the impact that he wants to have on the world. [42:49]


MENTIONED IN THIS EPISODE
Horacio Alger Award - bit.ly/1Oxoxc7 [2:11]
Paul Mitchell schools - bit.ly/2pOjkFN [24:44]
Good Fortune movie - bit.ly/2oZVimn [35:10]
Josh Tickell - bit.ly/2pqeCwE [35:13]
Aubio - bit.ly/2p3cV5y [47:38]


ORGANIZATIONS
Patron Tequila - bit.ly/2qvajxP [1:41]
Variety Boys & Girls Club - bit.ly/2pC8OjV [45:50]
Grow Appalachia - bit.ly/2qmIefr [33:00]
Renew Logic - bit.ly/2pzTGlo [40:23]
Rok Mobile - bit.ly/2qyjb5M [43:32]


FOLLOW JOHN PAUL DEJORIA
TWITTER: bit.ly/2pRlEfk
WEBSITE - bit.ly/2oXA608 [1:30]

FOLLOW PEACE, LOVE & HAPPINESS FOUNDATION
WEBSITE: bit.ly/2qvv7VK [2:16]
TWITTER: bit.ly/2p2QQ7i
FACEBOOK: bit.ly/2oZON2W


Tom Bilyeu is the co-founder of 2014 Inc. 500 company Quest Nutrition — a unicorn startup valued at over $1 billion — and the co-founder and host of Impact Theory. Impact Theory is a first-of-its-kind company designed to facilitate global change through the incubation of mission-based businesses and the cultivation of empowering content. Every piece of content Impact Theory creates is meant to underscore the company mission to free people from The Matrix and help them unlock their true potential. Impact Theory exists to inspire the next generation of game-changing companies and creators that will make a true and lasting impact on the world.

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All Comments (21)
  • @alexyoung3126
    Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
  • @michaellouis5458
    Despite the economy crisis, this is still a good time to invest in stock and crypto.
  • Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.
  • @mbalimaka6393
    When you invest you're buying a day you don't have to work
  • @waltzwalter
    I’ve had majority of my holdings of about $2m in tech stocks and irrespective of market changes, I’ve done pretty well especially with apple’s P/E(price to earnings ratio) gaining over 30% this past decade, now my questions is what stocks do you think will be the next apple in terms of growth for the next decade.
  • To obtain financial freedom one needs to be a busses owner, an investor or both, generating passive income, particularly on a monthly basis.
  • Crypto user could top 1B by the end of 2023 as nations continue to adopt Bitcoin Buy the dip, and HODLfor the long term.Bitcoin Always comes back.
  • I've been investing with TERESA JENSEN WHITE's guidance for a few years and I couldn't be happier. Her company has given me the best ROI while preserving my capital and has the most thorough investment guidance out there. It also never burns my money with speculation or poor philosophies of risk management.
  • @popsarah7805
    We all deserve to be rich and have financial freedom. Our dreams Wil come true.
  • @johnben9
    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
  • Stocks & Bitcoin, forex and cryptocurrency are falling and bond yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $150,000 stock portfolio, what's the best way to take advantage of this bear market?
  • @AlexEs63
    😊 I met him at a Beauty/Barber show in 1984-5. He went out of his way to bring me a thank-you gift of Paul Mitchell products and a thoughtfully-written card!🕊🙏🎵 He stood at the hotel desk smiling, and I will be a forever customer with a great memory!
  • 5 years later I came across this. What a down to earth human being. Just love him. I love giving, helping others too. I have learnt you don't have to have millions to give start with what you have. I've always known that but will do better. I have an acre of land want to grow vegetables and raise chickens but it's so far from my house I can hardly go there because I'm unemployed and the petrol prices are sooo high. I will find a way I will keep moving till I realise this dream. Thank @Tom Bilyeu for this incredible interview. Thank you Mr John Paul for the inspiration and your philantropic works and treating others the same you would want to be treated. God Bless you even more!!
  • @HG51_
    This interview taught me you don’t need to be an asshole and treat others like shit to become successful. What an inspiring man. I’ll be sure to look at more of his content. Thanks once again Tom
  • @moshefabrikant1
    2:45 There is always an opportunity 3:54 Be prepared for no It makes you evolve and adapt. Have the same enthusiasm 8:45 Smile before being behind the door 10:30 Just do it Everything is opportunity to learn 13:35 Be on surviving instinct. have the basics. and after they are strong, expand. have a really good strong skill 17:00 There is always a solution 18:45 Always give back 19:45 Treat like you want to be treated 20:45 The people are the company 22:50 Have a culture and keep it. 24:24 Always keep good relationships with people and if you have something bad to say to someone do it behind close doors 25:00 Praise people in front of everyone only if they deserve it 25:40 In life its hard to find what you want to do, but its easy to understand what you don't want to. so eliminate it to the T 26:10 Learn deep about the company and go there. Look the person in the eyes. and relax them. 30:00 Don't ask for anything help others 32:15 Don't wait for change do it.
  • I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
  • OH MY GOD last summer I was a door-to-door canvasser for a charity. I lasted two days, couldn't stop shaking walking to work on the third day, phoned in and quit. I see now that's exactly the skill I need to work on to be successful. resilience, resilience.
  • @myichael
    On several occasions I got emotional. It's amazing, it's amazing, the simplicity with which I built his life, his philosophy of life, his loyalty, everything is incredible.
  • @twintalks1404
    You are not in a selling biz...you're in an reordering business- what an insight !!!
  • @danidani9541
    This man is incredibly generous and kind. It’s easy to see that he was taken advantage of in his life, but he kept on.