The Power of Broke: How Empty Pockets, a Tight Budget, and a Hunger for Success Can Become Your Greatest Competitive Advantage

My 22 yr old son made poor choices and is serving time in jail for a year or 2 while his friends and sister are off enjoying college. He asked for books that would teach him how to succeed when he is out and will gave a label making it hard from him to work with the exception of owning his own business. He LOVED this book and finished it in 2 days. With limited time to read each day. He’s motivated and making plans. Thank you for writing this book!

Such an amazing book with great content that can be applied to any circumstance. Your true power is coming up with an idea, finding out how to make an attempt while looking for the big lesson in the success or failure and then trying again. An "overnight success" is definitely not made over night. Rather it's made over many years of failure, long nights, empty pockets, along with many other things. Daymond John is an incredible entrepreneur that is an inspiration to many. I love that in the book Daymond portrays education two different ways that is so true. There is an education you can get from a school and read about and then there is an education you can get from doing something. This also translates to without some sort of risk there really isn’t a reward. I totally believe this and know this to be true. Yes, school education is wonderful but it can only get you so far. The true learning is done "on the job" through experience and through trial and error that everyone must pass through in order to get to the next destination. If you are wanting/needing a no-nonsense book that kicks your butt back in gear when you are about to give up, this book is for you! It's all worth it in the end! Enjoy!

This book has very inspiring stories from people of varying backgrounds who used their determination and creativity to make their dreams a reality. At the end of every story is the overall lesson you can apply to your situation and the lesson is always meaningful and realistic. One tip I’ve applied before even finishing the book was going to MicroMentor.org and signing up to receive mentorship for free. I’ve been working with a business mentor and it has changed my outlook on business and is helping me pursue my goals faster and in a smarter way. I highly recommend this book. Worth the read and the money.

The Power of Broke: How Empty Pockets, a Tight Budget, and a Hunger for Success Can Become Your Greatest Competitive Advantage It’s hard not to listen to a man’s opinion, on how to navigate through life, once he’s made over a billion in sales – especially if he started off broke. First off, if it weren’t for Tim Ferriss and his amazing podcast, I probably wouldn’t have found out about this book. Well, I’m glad I did. The author, Daymond John, is CEO and Founder of FUBU and stars in ABC’s Shark Tank. The argument he makes in his book, The Power of Broke, is simple yet powerful: having empty pockets and an intense desire for success can become your greatest competitive advantage. Let’s start a discussion on some of the core principles, in this book. Daymond’s story of success is narrated through the concept, power of broke. He destroys the mindset that someone needs to have money to achieve great things in life. That’s not the case: you need passion or intense desire to achieve great things. The more you need to succeed, the more likely it is that you will succeed. Being hungry keeps you focused. Having less and needing more is at the heart of the underdog story. Finding yourself broke with a desire to be victorious, is the perfect fuel to accomplish your endeavors. Just don’t lose sight of your vision. Most people fear adversity, not knowing that it’s exactly what they need to keep pushing forward. Sometimes you can find the equity you need in the stuff you already have. The power of broke is about making the best out of a bad situation. True power comes from within, you can’t throw money at your problems and expect to solve them. Instead, critical thinking, creativity, and ingenuity are what it takes. Coca-Cola sold only 25 bottles in its first year of operation and look where they are now. Start small, dream big, and keep it real. These ideas are the premise of this book.

From what I've seen and read about Daymond, he must be a great Entrepreneur, no debate there. This book however is a simple collection of stories of people who "made" it and hustled there way up. If you get inspired by stories like that, great. But if you look for a methodic book, skip this one. I can't even say that the stories are inspiring, tbh. More of "XYZ needed 50 K, XYZ somehow got the 50 K and that's how XYZ got it's start.". Sounds good on paper and maybe holds some truth, but yeah...

Very good real stories with amazing lessons to learn and to keep on going on this entrepreneur path. The power of broke is great!!!

All the shark points at the end of the each chapters are fantastic. The way Daymond asks us a question after each shark point is absolutely necessary and that questions itself makes you think about answer. I would strongly suggest this book to all wanna-be businessmen, Entrepreneurs, Start-up enthusiast. This book will definitely help you on how to achieve success when you have no money, no connections . This book gives enough examples that there is always a way where there seem to be no way. I am very much impressed with each and every chapter in this book. A must read for business people. Wasim.

Great book to inspire you to be gritty and never give up.

So far so good. Half way in.