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From Rags-to-Riches: Paul Mitchell Founder Shares His Advice For Surviving Today’s Job Market

"Ahead of Friday's February nonfarm payrolls report, John Paul DeJoria, the billionaire who co-founded John Paul Mitchell Systems, has lots of career advice for the millions of Americans out of work.

DeJoria, who has a net worth of nearly $4 billion according to Forbes, experienced his own hardships before his sundry business endeavors, including Patron Spirits and House of Blues (among others), paid off.

He grew up poor in Echo Park, Calif., and started working as young as nine, selling Christmas cards to neighbors. He and renowned hairstylist Paul Mitchell launched John Paul Mitchell Systems in 1980 with just $700. In the beginning DeJoria was living out of his car in Los Angeles as he peddled the hair products he and Mitchell created to salon owners. DeJoria says the business climate was more challenging 30 years ago than it is today – inflation was running at 12.5%, interest rates topped 17% and the federal unemployment rate exceeded 10%.

The secret to DeJoria’s success is to remain positive, even if rejection has become too familiar."  For more information click the link below.

Source: YAHOO! Finance


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