How I Turned $300 Into $5.1 Billion
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- Опубліковано 20 тра 2024
- ✉️ Get my free guide on how to start a business while working a day job: okdork.com/DayJob
Jean Paul DeJoria is the founder of Paul Mitchell Systems (hair care) and Patron (tequila).
In this video, I learn how he went from being homeless and living out of his car, to building two billion dollar global business empires in totally separate industries.
☮️❤️😃 All ad revenue from this video will be donated to Jean Paul’s Peace, Love, and Happiness Foundation: peacelovehappinessfoundation....
Timestamps:
00:00 - Intro
00:42 - How Jean Paul became homeless
03:15 - Living off of $2.50/day
05:06 - Overcoming homelessness
06:34 - From $0 to $1M
07:44 - Partnering with Paul Mitchell
09:23 - How to sell products
14:24 - From $1M to $1B
15:52 - Start a business while working a day job
16:23 - Patron’s origin story
18:23 - No one wanted Patron at first
19:10 - Bruce Springsteen x Patron
22:35 - Selling Patron for billions
22:54 - The $50 million check
24:08 - The Clint Eastwood story
25:39 - Hairdressers helped Patron
26:19 - Hiring/growth philosophy
27:55 - What does rich mean?
28:46 - Jean Paul was a successful janitor
30:10 - Advice for people just starting out
31:15 - Is the American dream still alive?
33:55 - When he knew he ‘made it’
34:26 - How to get over regret
35:38 - #1 book recommendation
36:26 - Be a kind person
36:54 - What’s a great life?
37:08 - The richest man in the world was unhappy
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I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time . I was able to build a business from my returns 💚
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
Please how do y'all even make so much from crypto trading?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I was homeless in LA too but real homeless. Not starting a business homeless. Simply circumstances, not really the result of anything bad. I got out by simply not accepting it anymore. Now 20 years later im a firefighter, dad, homeowner, ect and I still remember almost no one helping me. The cold looks, the disgusted faces, and the sheer coldness of the general population. I never once begged for food or money. I did steal food but it was necessity to survive. The sheer amount of homeless teenagers in LA is staggering and I still can’t believe I was one of them. Moral: be nice to those less fortunate.
Thank you for sharing. You are an inspiration. I’m so glad you were able to gain stability. I wish you much happiness.
All humans beings deserve compassion
How did you get out of it? Who helped you? It's a long draining process for the firefighter applications. Is here in Australia.
"we are not in the business of selling. we are in the business of re-ordering." a powerful mindset shifter!
i made a notes from this interview for anyone that might need it:
-no matter what the rejection, keep you eye on the target.
-make a product that people willing to re-buy, not just buy.
-make a product that had improvement from the existing product.
-fewer moving parts is better.
-rich = happy + healthy.
-success = how well you do what you do when people don't looking.
-passion to work or like to work.
-you can't change the yesterday newspaper.
-"today is the first day of the rest of your life"
-make friends with kindness
Trash
Thank you so much
Thanks!❤
Thanks 😊
-Have friends from Citicorp whom know investors.
This interview shows he was "in the club" so to speak. It was who he knew that played an integral part in his success.
I love that he remembered people who helped him and gave back to them.
He definitely does!
He;s also a pedophile
i ❤that! Says a lot about him personally
I know it made my day.
Did he help the guy in Mexico that improved the drink? @@noahkagan
This man is probably the most humble billionaire I’ve ever heard of. Truly inspiring ❤
The best interview ever with someone from the business world!
I saw Paul at that Cantina years ago.
95% of them are
I’m homeless and working on a business right now, I needed this. Thank you, the signs are lining up, and I see 444 everywhere and doors I knock on are opening.
delusional fuqs
@@gametimewithjc4307 thank you, I hope things that you’re working on are highly successful as well. Keep crushing it!!!
Keep chuggin. Reset every night. Get great food into you lots of fruit melons mangoes grapes and sleep deep and safe. Don't give up.
Stay strong good luck 🍀
I'm homeless too since April 2022. Just set up a business and working on getting funding. Praying things will fall into place. Best wishes to you!
Yaaaay! It’s Jean ! I didn’t recognize him at first. Last time I saw him, his hair was dark. I did temp work as a receptionist at his LA office and he was so kind! He said hello to me when he walked into the office like he was HAPPY TO SEE ME!! 😁 I liked him right away.
So much taken away from this interview. Such a happy, humble person that remembers his roots and where he came from. I love that he went back to that restaurant and generously tipped the waitresses.
He’s got a brilliant philosophy. So glad he was happy to share his wisdom.
Yeah he forgot to mention he exploited millions by paying them low wages to make his billions.
@@fisherh9111 He didn't share his wisdom on how to exploit working class people and extract as much work and wealth out of them while paying them minimally as possible as that his key to building wealth.
@@HypeBeast764 stop blaming people for your misfortunes. If you have a problem with your job then go ahead a quite already...
@@elitomegah7192 yeah so what you did there was a combination of ad hominem AND straw man. You attacked my character and made it appear I had said it myself. Both of which are false. If you think a good argument is riddled with logical fallacies, maybe you're far less logical than you think you are. Try again.
One of the best interviews, you can tell how genuine he is. Kindness matters. Hard work matters. Period.
INSIPIRING!! Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter.
Cant reveal much info, Kate Elizabeth Amdall is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
Wise weeds! And thank you
_
There’s something I’d always share concerning working with a financial professional can actually help you prepare for life financial struggles. I'm glad I was able to call my coach John Desmond Heppolette since I was actively cashing out from my portfolio and finally made over 370k just in the first quarter while everyone else was crying about the downturn. early this year...
_
I do really appreciate the advise, Finding your coach online was a simple process. Before we planned our phone call, I checked him up online. Based on his online resume, he appears to be Smart...
It amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that oppor-tunities abound in the financial markets, The only thing is to know where to focus....Thanks so much always to Sir John Desmond Heppolette...
I've been struggling with finances for months after my divorce, and I just discovered his exceptional resume when I Googled his name. I consider myself lucky today...
-Come over an see Johnny Depp threatens to snuff
Amber Heard, on tape from trial in shorts
This is the most cringe bot comment thread I've ever seen.
❤ I want to hug this man. "You can't change yesterday newspaper". I will never forget this. It's hard but true. "Forget and forgive everybody and move on". I wish I could. "Success is to be healthy and happy".
Wow, what a likable guy. He deserves every penny. This channel is fantastic. What a great interview!
Yessss 💯🙌🏻🎉
John is such a great man. Notice how he continually speaks about how nice or kind everyone he had interactions with was. His view of the world and people is so positive it's no wonder he was a success. He saw the best in everyone he had interactions with and it was reflected back to him.
I actually got the opportunity to be one of his best friends and can attest to this! He is such a great guy and made my life better!
You see the world as you ARE. The world is a reflection of yourself. It s what you ARE that comes your way.
'Successful people do all the things that unsuccessful people don't want to do.' Wow! That hit me.
You don’t want to be in the selling business, you want to be in the reorder business. That hit home. Simply put, hone in on your skills, get better and sell so that others want what you have over and over and again.
I watched this interview a few weeks ago, and last week I was at a hotel in Vancouver, and there was a small hotel size "Paul Mitchell" shampoo bottle next to the sink. Made me smile thinking of this guy.
This is a real G, Very relaxed laid back, sitting comfortably, No power/dominant posturing (like Andrew Tate), lets the interviewer speak, humble and well spoken, gives thoughtful and meaningful responses. This is the type of guy who needs to inspire them kids. Not social media clowns looking for clout and bragging rights. Proof you don't need to be a ruthless prick to succeed...just be relentless in your drive.
He could still be finest by a girl, too humble guy
He is 100% ruthless. You can’t judge someone by watching a 40 min video. He is for sure ruthless in business no one gets to the top without being one.
You judging som1 by a video like this? lol
You could be both. Everyone has their own journey. Important thing is to never give up.
@@dmaluku1 Bro did you his wife at 16:39 lol. Man had game
I have personally met JP and had a brief chance to just chat with him. He is the real deal. I’ll never forget how the conversation started. He randomly walked up to my wife and I and said “you look like some important people I should be talking to”. He has a way of making you feel like the most important person in the room but in a genuine way.
Not only is his success fantastic but also his ability to remember so much detail from 50+ years ago. No doubt his attention to detail paid off.
This guy is genuine man, I was a loser most of my life, FF and im not anymore, about to be 50 and now I'm starting a business and though im struggling learning this stuff,this inspired me to move along.Thanks for this
What you startin man you are the inspiration I'm looking for tonight as I think about starting a biz. 42 yr old
@@pedridemperi9872 I'll keep you updated, right now for obvious reasons I can't disclose this. I'm glad I was able to uplift and motivate you though. I can tell you this much, think of an idea that you have, that will appeal to a group of individuals targeted specifically at what your idea is. Also something that's been really helpful in pushing me is reorganizing and throwing out useless or broken items. May prosperity sing in your direction.
what Is FF
@@matttaylor5397 hi I wrote it, I guess there's not much clarification there. I mean fast forward to now.
Hey glad to read your post. Hope it makes you feel good to know you just inspired me.
I have a few things I'm working on and this guy is a good example off being down but not out.
Maybe we need to contact each other about every month and make sure the other is pushing forward and not in neutral having a pity party.
I have always owed my trucking business and also was a Heavyweight Champion boxer.
Now living the good life with my wife and kids but trying to figure out something I like doing that makes money.
Donnell Holmes, I love cooking but I may start training people soon. Not to compete in boxing but the condition training that boxer go thru is excellent for health.
Good luck and stay strong in whatever you do.
God Bless you.
This gentleman amazes me. Generosity, kindness and hard work. The three bedrocks of a happy life. I'd add to that, family. Thanks for the interview!
This mans definition of being rich is just amazing! Some people think its all about money and its really not. Money just helps eliminate temporary stress
My wife went to the Paul Mitchell School in the 2000's and at her graduation she talked about how she was going to miss her teachers and hair dressers she learned from the most because they were all great people... She still maintains those relationships to this day even tho she owns her own salon now! We live in a small town in Alabama but people knows where SHE went to school and where she was trained and learned at and was taught more than just the cutting and dressing of hair, also engaging with her clients and always being her best self everyday at her station!!!! She still has her starter kit from when she went to Paul Mitchell School and it's one her most prized possessions!! This man is a genius.....
He was before his time ❤
I think his best message is to forgive and forget the past. How far could we all be if we didn't give up or shy away from things because of what we remember about yesterday. He seems like a genuinely kind person and very likable. He is very much right that money won't make you happy. I believe it unlocks the door to a better quality of life but you still have to push that door open and be responsible for what you take with you to the other side. Will it be stress, anxiety, anger etc or will it be a smile and appreciation for what you have and what is to come....
No doubt
"You can't change yesterday's newspaper"
I love it. Those words are going to stick with me forever.
I can listen to Jean Paul DeJoria all day long. He’s so inspiring. He remains humble and super caring. This man has earned his way up. He seems like a great listener in a non- judgmental way. God rewards him for his hard work and loving heart. 💙 Thank you for being himself.
JPD is my fav billionaire. He seems so genuine. I heard his staff retention rate is unbeatable. ❤
Friends of mine were looking goofy at a bar before attending a Zombie themed charity event - Jean came up and asked what they were doing and after learning about the charity he wrote them a check for 100K to take with them to the event. What an absolute gentleman!
Charity events is just scams...
that is the real f'in deal man wow! What was the charity?
Wow
Stop believing everything ppl say online smh
🧢 🧢 🧢 🧢 🧢
He came from a comfortable life. He was already business minded. This is a story about a guy that rebuilt his life.
Hi Noah,
This is the first time I came across your channel, and watched this entire interview while sitting in my car parked outside of a Starbucks at 10:30pm. This interview has motivated me to pursue my passion to the point where it brought me to good and happy tears. Thanks so much for making this interview video, and yes I did subscribe and gave u a like 👍🏼
Thanks and God bless you
Your welcome. :) secretary of noah replying
Thanks Noah for this interview. And send UA-cam’s best to JPD! Watching this felt like speaking he’s speaking directly into my mind. Such a valuable talk for me at this moment of my life. Wow. ❤
Not your typical successful entrepreneur this Mr. JP. Very positive and inspiring, kind and generous and also very down to earth kind of guy. I could to him talk for hours, there's something about him that makes you want to sit still and listen to him teaching about life lessons other than business world. Love it
This is one of my favorite interviews, Jean Paul DeJoria, you are full of wisdom, and such a great person! I pray I'll remember everything you've said and implement them.
Mr. DeJoria is a beautiful soul and his perspective on life is on point. 🙏🏽 Health and kindness means EVERYTHING to me as well!!! Thank you for sharing this interview. His story is incredible and it is evident through all of his hard work, dedication and commitment to his passions it has led to his success. Much love and respect to him and many blessings to him and his family. He is humble and truly inspiring!!!
I am so glad that my parents raised my sisters to be kind and happy. This truly does make a difference in living. 😌
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a F.A that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my F.A.
@@MariusNatt Impressive can u share more info??
@@ReidCoffman1 Having a coach is key in a volatile mar-ket, My advisor is "Maria Teresa Tyler" You can easily look her up, she has years of financial-markt experience.
Love how he appreciates ppl out loud. Luv luv luv it!
I don't know how i stumbled upon this but I'm very thankful that I did. I NEED THIS. Much appreciate for the amazing questions that really help open up my mind and mental health. It does give good vibes. John Paul DeJoria is a LEGEND!
This is one of my most favorite in all the videos you have. Love his humility, positivity and generosity.
To me the most inspiring point was the way they used customer training to help build the business. They didn't just use ads. They helped people learn how to use products. They provided value above and beyond the products.
Wow this guys amazing. What an honor to be able to interview him. He’s brilliant, hard working, humble, kind, happy, wise. All the qualities we should all strive for, and he happens to be a billionaire. Would love to meet him some day.
Im moved with how clear and understandable he makes it good to hear resilient people are being rewarded with great fortune
This interview just changed my mindset for the rest of my life. THANK YOU!
Noah, this is a video I didn't know I needed to listen to. Hearing this interview, I've found myself taking so much away and I hope to implement these lessons so I can be the most successful in whatever I do!
What an amazing story! I'm grateful for the opportunity to listen and learn from it. Thank you for this interview.
great interview, Noah! It is motivation and shows how persistence, determination, and a plan are crucial for success.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires.I pray that anyone who reads this will be successful in life💯
People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.📈📈📈📈
Thank you Noah for all the very valuable content you put out and JPD such an incredible human being! 🙏🏼❤️
All of his opinions are always shocking, do you have any thoughts on what they say?
The most humble wealthy person I have ever seen
One of the most comprehensive interview of this particular man I have seen on UA-cam, trust me I have seen a few, so practical, u asked the right questions & allowed us get unfiltered answers.. thank you kagan
People like John Paul who show humility and groundedness are truly inspiring than most millionaires/billionaires.
These are the type of “gurus” people should watch, not those fake gurus that charge people. Everything you need to be successful is literally in this video
I really enjoyed this interview. I really admire JP for his humility all the way through. I really feel inspired and learnt a lot. Thanks NK.
Really inspired by his humbleness and wisdom. Keep it coming!
This is a great interview, thank you for crushing another one, Noah!
What a humble and inspiring man! Thank you both for the wisdom! 🙏💕✨
One of your best, Noah. What a great draw, man - John (not Jean, at least to everything I see online) Paul DeJoria! Humble soul, with so much valuable experience to share. Thank you.
He really is such an authentic soul. Great inspiring interview ❤
"you cant change yesterday's newspaper" probably the best quote I've had today
God bless this man. Love the work you put out, noah. Im trying to change my family's trajectory and create an unfathomable legacy to pass onto my kids. Your channel gives excellent insight!
Dude your interviews are so inspirational! Thank you!
What a wonderful, humble man. Deserves all the health and happiness he wants!
Such a humble guy I learned so much he brings up the pass and that’s what I’m currently working on
Very informative and inspirational interviews. He's truly prosperous! Thanks a lot for conducting this
Love JP. He is so honest & kind. Thank you!
One of the best Interviews yet. This is real solid advice!
you should have way more subscribers, you make really great content man. hard working dude, and you ask great questions, but most importantly, you let the interviewee speak. the best bits of an interview come when you just let the person speak. and there's also nothing worse then watching someone get interrupted constantly, so i really appreciate the way you interview your guests. Keep at it!!
too many people are obsessed with the easy way out, addicted to social media or have some fake outrage where they would see someone like dejoria and say he's another "evil billionaire". the interview is fantastic and dejoria is always a joy to see, but part of me is glad that this is a hidden gem. the one's who are ready, will seek it out just like all of us did and the one's who are obsessed with non sense are happy in their misery.
My number one money rule is "diversification" and funny enough, I learnt this late, almost too late. You must never put all your eggs in one basket. As one who has been into Real Estates for as long as I can remember, I made my first million earlier this year from stocks alone (used the services of an expert though). I also experiment with a couple of other things. Imagine what the situation would had been given the present housing market if I were solely banking on it. Goodluck to us all!
...Very sound and realistic... I am also a victim of this... Recently lost a lot in the FTX saga... You mentioned using
pros, if its not a problem. do you mind telling who or recommending a good one? I could definitely use the help of one right now... I look forward to you
replying...
facts only
@@kortneyrawhouser6881 Yeah, I used one but that's cos I'm not so knowledgeable in the field and I battle with time constraints. Not really sure I'm permitted to go into details here, but mine is Abraham Adam Keith, and you could possibly find more through a quick search.
@@haydenroberts5568 casually strolled into this thread and boom, I know this smallish man. Once attended a fundraiser he was also in attendance here in Vancouver,, Great speaker with a funny accent,, He's in the States though, I
doubt he works with non residents,,,
@@haydenroberts5568 ...thankzz..
Great interview! Happiness, is important. And loving what you do too.
Some serious gold in this interview. Such practical, important skills that anyone can become better at.
My kinda billionaire…Humble, smart and country. He drops science in every and any interview.
Such a generous and kind man.
I think people like Paul, where they are at the stage of their life when it's about giving and not competing, give the best life advice one can have
Dropped a tear watching this interview, very enlightening thank you . ❤
Noah, this type of content is amazing, thank you brotha.
I learned so much from this video….sometimes we sell our product to the wrong people but the right people see the goodness of ur service and product no matter what the price is…too much for someone is just right and accessible to another one
This is by far one of the best video interview and teachable words of wisdom I've seen on UA-cam till date. Great man indeed! I am reminded to always remain humble and nice at all times truly.
My highest respect for John Paul. He is truly blessed!
Great character, love his story and his attitude. I am happy for his success in life and thankful for sharing his life story. ❤
Amazing Noah. I've been hoping you could interview JPD for years! Looking forward to this!
This is probably the most inspiring video I’ve ever seen! Thank u both!
It is interesting how the hair business helped his tequila brand to become a brand. Also how they outsourced distribution and how this didn't work as good as with the hairdressers.
Love the story of him working and bringing back money to his mom.
Great interview. He had the key to life from early on. Health + Happiness.
It's all about your attitude, energy and being optimistic. Great interview
i fell same happy and energised and optimistic with my pants pissed, i am an alcoholic, and must admit- only very few billionaires ever be happy as me :) :) :)
Such a good interview! This guy seems so genuine.
This YT channel is gold, keep up the great work! 🙏👍
Paul Mitchell is awesome, what a great story. And his products are superior, fantastic......very inspiring
I started my business a few years ago and it will humble you and make you a better person if you let it, failure will show you the way to go and the decisions you will have to make to move forward. Be open minded and never give up! All the best to everyone!
😊
Great interview .. Great advice... Thank you both
Thank you both, from germany here always ready to learn and evolve!
I’ve had majority of my holdings in tech stocks and I've had 25% increase in my portfolio, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?
A colleague once proposed the idea of diversification to me, hopefully for positive results to offset any negative performance. At once, I backed it up using an advisor in order to avoid any fiasco. As of today, my portfolio has yielded over $450k in profits, from an initial $180k this year alone.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are a lot of independent advisors you might look into. But i work with Viviana Marisa Coelho and I have been working together , she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
I just checked her out and I have sent her an email. I hope she gets back to me soon.
What an incredible story. This man deserves it all
Thank you so much it was an amazing interview
I watched the whole interview.He wouldnt have said it better.thank u for opening up...inspiring
This is a very humble man. It's no wonder he is as successful as he is. I learned a lot from this interview.
This is one of the best interviews I've listened to it a long time I'm so grateful that he went to do his time for the interview and I'm so glad you did an awesome job asking good questions. He has a profound appreciation for the things that truly matter in life
Same
What a great interview. Such a great guy!
Such a humble, genuine guy. So much info to learn from his story. As I always say, being successful can be for anyone. But not everyone has what it takes to be one.
I agree with you, this is an amazing and interesting answer. Do you often follow his interviews?
“Successful people do all the things that unsuccessful people don’t want to do” 30:08 ❤
Thanks Noah! This is a great interview!