There have been a plethora of inspiring tales of people rising from obscurity to prominence. Entrepreneurs who had little or no cash risked everything and became legends in the business world, respected and renowned throughout the globe. However, it isn’t impossible, but one must remain loyal to oneself, and giving up is never an option. These legends viewed hurdles as opportunities, and their relentless spirit has earned them a place in the hall of fame for their achievements.
Many interviews have been conducted with people of your caliber, and a recurring theme is a question of how someone could accomplish what you have. Because if you don’t have faith in yourself, how can you expect anybody else to have faith in your goods or services? Our subject today is John Paul DeJoria, whose unrelenting determination and narrative of success have not only inspired millions across the globe but have also shown that no one can be a successful businessman just because they lack financial resources.
His parents divorced when he was only two years old, and he and his brother began selling Christmas cards and newspapers at the age of nine to make ends meet. They were placed in a foster home in 1962 after graduating high school because their mother could no longer care for them. For the following several years, he worked as a caretaker, door-to-door shampoo salesperson, and insurance salesman in order to make ends meet after his service in the US Army.
Working at Redken Laboratories in 1971, he gained product expertise in hair care products; nonetheless, disagreements over marketing methods led to his dismissal in 1975. Although Fermodyl Hair Care saw an increase in sales, he was sacked from his position as a manager and sales force trainer again. When he went to work at the Institute of Trichology, they couldn’t afford to pay his wage, so he was fired.
John Paul DeJoria – The Millionaire
Despite everything, he never gave up hope or his will to achieve. He borrowed $700 from his hairdresser buddy Paul Mitchell in 1980 to launch Paul Mitchell Systems, a company they both co-founded. For stylists, they developed items that would assist in speeding up the process of styling a client’s hair. Single-use shampoo and conditioner were the initial offerings. First, the firm struggled for the first two years; then, in the third year, it produced $1 million in gross sales.
Gustin Energy Cos., a company founded by John Paul DeJoria, would conduct sophisticated oil and gas exploration with environmental concerns in mind. To manufacture smooth tequila after the death of Paul Mitchell he founded Patreon Spirits Co. with his buddy Martin Cowley. At the same time, he has a stake in the House of Blues nightclub chain and a variety of other businesses. Currently, it’s thought that his current net worth is in the neighborhood of $3.2 billion.
John Paul DeJoria’s tale inspires and gives everyone the belief that they can do whatever they put their minds to. His challenges and his never-say-die attitude tell us that the only path forward is to press forward with everything you’ve got and to never stop working.
When John Paul DeJoria speaks about working constantly, he means it. He believes that if you don’t take action, you can’t fix any issues or alter any circumstances. In addition, despite being a millionaire, he is a down-to-earth guy who values giving back and assisting those in need. He explains that it’s his method of making ends meet while he’s here.
