Business Profile: John Paul DeJoria

Business Profile: John Paul DeJoria

The self-made billionnaire on hard work, innovation and success.

Age: 73

Industry: Self Made Billionaire Twice: Cofounder, John Paul Mitchell Systems; Cofounder, Patron Tequila

Net worth: $3.1 Billions

Forbes 100 greatest business minds 2017

On Hard Work:

“My first job, 9 years old, part-time, was selling Christmas cards door-to-door. Ten years old, my brother and I had paper routes. We delivered a morning paper called the ‘L.A. Examiner.’ Get up at 4 o’clock, fold your papers, deliver them and get ready for school.”

On New Things:

“When you start with next to nothing, all you’ve got is a lot of thought, a lot of innovation, figuring new ways to do things without using a lot of money.”

On Success:

“The biggest hurdle is rejection. Any business you start, be ready for it. The difference between successful people and unsuccessful people is the successful people do all the things the unsuccessful people don’t want to do. When 10 doors are slammed in your face, go to door number 11 enthusiastically, with a smile on your face.”

Image: John Paul DeJoria at at Celebrity Fight Night XXIII in Phoenix, Arizona, 2017 / Flickr, Gage Skidmore, cc-by-sa-2.0

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MIB Staff is a collective of journalists, covering the topics of economy, financial law and entrepreneurship as well as building online profiles of world-renowned business leaders.