…Tank Coach, that is.

Daymond John is a serial entrepreneur. He is the founder of the hit brand FUBU, a consultant to cultural icons including the Kardashian family. Oh, and he’s a Shark–a judge and investor on the reality show, Shark Tank.

He recently talked to CNN Money about his 5 keys to success:

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Among them: in order to succeed, you have to fail. The importance of failure is one of those topics that can’t be mentioned enough. Every successful entrepreneur has been through plenty of failure leading them to the right idea in the right place at the right time.

And yet for many of the Biz Kids among us, our own failure can feel like an exception to the success stories we hear everyday. For all of us who have ever failed, we produced an episode dedicated to the topic. Check out Learning from Failure and get inspired to fail well.

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