The Power of Broke

by Daymond John
The Power of Broke cover
Good Books rating 4.5
Business and Economics
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  • ID: 10114
  • Added: 2026-01-15
  • Updated: 2026-01-15
  • ISBN: 9781101903612
  • Publisher: Crown Currency
  • Published: 2017-04-18
  • Reviews: 3

The Power of Broke by Daymond John challenges the conventional notion that money is the key to entrepreneurial success. Drawing from his own journey of selling homemade t-shirts in Queens with just a $40 budget, John illustrates how financial constraints can foster innovation and creativity. He shares stories of other entrepreneurs who leveraged their limited resources to build thriving businesses, emphasizing the importance of authentic customer connections and imaginative marketing. The book delves into the mindset and strategies that allow individuals to harness the power of broke, turning desperation into a competitive edge. Through personal anecdotes and insights from the set of Shark Tank, John provides practical advice on how to think outside the box, use resources efficiently, and stay focused on goals to achieve remarkable success.

Reviews
LinkedIn · Divya Thakur · 2026-01-15
inspiring 4.50

The book proves in a compelling way that being broke can be a powerful motivator. It offers practical advice and insights for anyone starting out in business.

This book is a game-changer for anyone looking to start a business with limited resources. It proves in a compelling way that being broke can actually be a powerful motivator. The book is filled with practical advice and insights that are invaluable for anyone starting out in business. Divya Thakur's review highlights how the book's focus on leveraging your constraints to your advantage is both inspiring and practical. It's a great reminder that having less can actually be a powerful motivator to innovate and succeed. The way the book talks about the challenges and setbacks that entrepreneurs face makes it a well-rounded and realistic look at entrepreneurship.

Quick quotes

    #1. Proves in a really compelling practical way by leveraging from it as being broke forces you to start from nothing, working on tight budget.

    The book is filled with practical advice and insights that are invaluable for anyone starting out in business.

    It's a great reminder that having less can actually be a powerful motivator to innovate and succeed.

The Invisible Mentor · 2025-12-15
inspiring 4.50

The book is a rags-to-riches story that offers a unique perspective on entrepreneurship. It's a great read for anyone looking for inspiration and practical advice.

This book is a fantastic rags-to-riches story that offers a unique perspective on entrepreneurship. Daymond John's journey is both inspiring and relatable, making it a great read for anyone looking for motivation and practical advice. The book is filled with insights and tips that are invaluable for anyone starting out in business. It's not just about the success stories, though; the book also talks about the challenges and setbacks that Daymond faced, making it a well-rounded and realistic look at entrepreneurship. The way Daymond talks about leveraging your constraints to your advantage is both inspiring and practical.

Quick quotes

    I recommend Power of Broke by Daymond John because it's a rags to riches story and he's been in the trenches.

    The book provides some great insights into Daymond's life before Fubu and how he created the business.

    The part of the book that we really liked was how Daymond talks about leveraging your constraints to your advantage.

Indie Business Network · 2017-09-30
inspiring 4.50

The stories are engaging and draw the reader in, with Daymond's down-to-earth style making the book feel personal. It's a great read for anyone looking to start a business with limited resources.

The book is filled with compelling stories that really pull you in, making it a captivating read. Daymond John's down-to-earth style makes you feel like he's sitting right there with you, sharing his experiences. It's not just about the stories, though; the book offers practical advice and insights that are invaluable for anyone looking to start a business with limited resources. The way Daymond talks about leveraging your constraints to your advantage is both inspiring and practical. It's a great reminder that having less can actually be a powerful motivator to innovate and succeed.

Quick quotes

    I loved reading this book.

    The stories are interesting and they really draw you in.

    Daymond's down-to-earth style makes you feel like he sitting right there with you.

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