That phrase is familiar xD

Blitzy asked the question not long ago.

Nothing wrong with guys wearing pink.

It just means some men like pink dress shirts.

Ummm... It is kinda close, the "dare to dare" part is correct, but the "do your favorite things" is not correct. the term "pink is for tough guys" comes to us becuase preppy people (people who like to dress to the T with fancy and expensive name brand clothes" wear light colours and they think and act like they are tough. That is where that expression comes from.