FUBU founder and author Daymond John is teaming up with Shopify to present the fourth Build A Business competition in partnership with The Huffington Post. The millionaire investor speaks candidly about the importance of entrepreneurship and the perks of the contest in a brief promotional video.
"I get to sit with some of these amazing people who are now changing the face of this earth in regards to how they're going to do business," John says. "I may meet the next Bill Gates, I may meet the next Steve Jobs and that's why I want to be part of it."
Shopify is offering over $50,000 in cash, prizes, and mentorship to nine candidates that create a store and sell the most. The winners will receive exclusive mentorship from John, his Shark Tank co-host Mark Cuban, Lil Jon, Selita Ebanks, Chase Jarvis and more. Registration for the competition begins now, while the calculation of each company's sales will commence on October 1, 2013 and conclude May 31, 2014. No experience is required, build your business now.
The set up to get started is super simple:
1. Think of something to sell
2. Create your Shopify store
3. Grow your business
4. Watch the leaderboard
With so many applicants for the 4th Annual Build A Business entering the program, valuable tactics are need to grow your brand, get revenue to increase and deliver on your company's mission statement. Social networking is key and getting awareness is prime for survival. There will be money prizes and trips to meet mentors (who will help promote the contest virally) as did last year's winner, Goldie Blocks, did in securing a lasting place in Shopify history.
Daymond John also adds his thoughts on what you'll need to be aware of while competing, "Learn that you'll fail. They you need good people around you. Take advice from others and be open to change."
IN OTHER NEWS
Daymond John, is also joining forces with Pennsylvania based luxury consignment company, Linda's Stuff to auction off items from his personal wardrobe as well as a West Coast Chopper, autographed memorabilia and a chance to hang with him in Los Angeles. Launching on October 27th and lasting for seven days, all the proceeds generated will go to The Network for Teaching Entrepreneurship.
Get more info and full details at www.shoplindasstuff.com