"If you have a strong foundation like we have, then you can build or rebuild anything on it. But if you've got a weak foundation you can't build anything."- Jack Scalia
to have a strong foundation is a must in pursuing a great life or businesses. as for this post, it is about ways to develop a great foundation for those wannabe entrepreneurs. strong foundation is the fundamental of a successful structure and in this case, your business.
well. I got my myself a new book few days back (a present actually). a great one. simple yet profound. a book written by michaelFranzese, a former Capo in Colombo crime family that ran rackets that earn millions a week. you bet his view on business will be La Cosa Nostra style with a mix of Machavellian's and Solomon's philosophy. and for those who think that there's nothing in common whatsoever between Mobster and Legal business, think again!
To study his life, the insider of this more than usd50billion industry (the figure is only from traditional mob business such as narcotics, gambling, loan shark etc. it is not yet combine with billions more revenue that are generated through mob diversification into legal business. deym!) give me such a great insight of what real business is all about.
so, lets cut to the chase and get it started!
number 1 : get a frickin' plan
what is your plan? if you reply to make money than you are dead wrong. change your mindset buddy! unless u are a counterfeiter, u are not in the business of making money. you are in the business of taking money. yup! u heard it right. u take it from anybody who are willing to pay for whatever value that you give in return. like the mob, the bottom line of your business is to take a way as much money as you can from your clients pockets and get into yours. so, are u a business man or a mobster? :P same end game, different game plan!
it is crucial to have a clear, focus, written plan of your business. it'll help to keep you on track as far as the direction you want your business want to take, what your bottom line is and how u plan to get there. and spare me, im not talking about 300pages of businessPlan. i'm talking about a simple, clear and focused written statement with definite outcome of what you want. Make it simple, Make it real. create a specific yet simple blue print of how your business gonna take money into your bank account.
dont get killed in you pajama! o.O
"what the hell is he doing in his pajama? he got whacked at eleven o'clock in the money!"
there's no successful mobster or businessman who didnt start his day at the crack of dawn (at least during their first few struggling years). for those of you who think you can achieve success in business without putting in the time, you better get yourself a drawer full of silk pajamas. that's about the closest thing of feeling wealthy that u're going to get buddy!
there are NO magic formulas in business, because real life has too many variables. But from what i've seen, there's one denominator among successful people - they work hard n smart. working hard n smart does not guarantee u success. there's no guarantee in life. remember that! but working and smart is a prime ingredient to be success. God is fair. don't expect something big if you are not willing to pay the price.
the harder you work, the harder it is to surrender. business owners are faced with challenges all the time. but the harder you work to build your business, the less likely you are to give in to the pressure. dig in! hard work builds character, and strong character makes strong leaders and strong businesspeople.
but dont be stupid about it. one of your top goals in working hard to be successful must be to create a quality life. being in business is about having the freedom to enjoy life. make sure you leave time for other areas of your life that are important - like family, friends and faith.
cut to the chase!
so youve got ur plan, n u are working it hard, make sure u also work it well. Mobster like to keep business matters simple. their motto is "cut to the chase". they believe in eliminating the clutter. they want a fast n an easy way to cash.
if your business plan lays out ur goals, the u'll want to get them with as little friction as possible. following every rabbit, answering every call, putting off for tomorrow what can be done right this minute - this is the recipe for disaster. all that is clutter. head clutter. life clutter. its going to block you from reaching your goals. cut it out. you got to cut to the chase.
there will be times when conditions arising in ur business that will require quick action. if you have kept things simple all along, making a regular habits of cutting to the chase, the when a problem does arise, u will be able to quickly n efficiently put out the fire.
you gotta have a crew.
"two are better than one, because they ahve a good return for their work."
to achieve success in business, it is imperative that u assemble the right crew to support your effort. a good crew is the best evidence that u are intelligent n competent n give u a fighting chance in executing ur plan.
a few things to keep in mind, u've got to have guys who are capable, reliable and most important, honest.
enlist the consigliere..
it's not enough to have crew. u need to have consigliere. thats the italian word for an advisor or counselor.
"make plans by seeking advice; if u wage war, obtain guidance."
mob bosses understand the importance of seeking wise counsel from someone they trust in managing the business of the mob. a few things to keep in mind about choosing consigliere : a mob consigliere is suppose to be devoid of ambition. this makes him more likely to render advice based on on what is in the best interest of the business - not anyone else, including the boss.
covering the basic means u're standing on the firm ground from which you operate. same in the mob life as a legit life. get a plan, work it hard, work it efficiently and get people around you who can help you implement it. do that and u'll be ready to deliver an offer the recipient cant refuse.
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