25 Principles for Entrepreneurs : Have you read The Mafia Manager? If you had the opportunity to sit face to face and learn some uncommon, underground business success secrets from a shrewd mafia manager, will you grab it? If your answer is yes, then sit back as I share with you;25 Principles for Entrepreneurs.
“The Mafia Manager is a must read for all entrepreneurs who desire to build a formidable business and rise to fame. If building a business is your business and it’s your goal to rise to the top in the shortest time possible. There’s only one advice I have got for you. Build your business using the Mafia’s style of leadership and you will achieve your goal.”
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25 Principles for Entrepreneurs
Sometime ago, I came across a book “The Mafia Manager” written by a supposed mafia, who preferred to keep his identity under wraps. After reading the book, I immediately fell in love with it. With lessons picked from the mafia manager, I began to challenge and compare my leadership and management style with those of the “syndicates or mafias.”
After carefully absorbing the lessons of The Mafia Manager; I observed that the leadership style and management principles outlined in the book was also used by some successful entrepreneurs and drop out billionaires; I talking about entrepreneurs such as Larry Ellison, Ingvar Kamprad, Donald Trump, Steve Jobs, Bill Gates, Howard Hughes, Ted Turner, Richard Branson, Thomas Edison, Henry Ford, John D. Rockefeller, Cornelius Vanderbilt and Carlos Slim Helu.
“I greatly admire GE, their utterly ruthlessly focused management, to get the cost out and get this integration done.’ Ok, we may make a few mistakes along the way but we are not going to waste any time.’ They make decisions; they are incredibly disciplined and focused.”
25 Principles for Entrepreneurs
The leadership techniques of the Mafia manager has help these entrepreneurs position their companies to dominate their industry.
In fact, the Mafia Manager’s leadership style and techniques helped the Mayer Amschel Rothschild become the richest and one of the most powerful men in the world in his time.
Now what makes the book “The Mafia Manager” so special?
“I believe in benevolent dictatorship provided I am the dictator.”
25 Principles for Entrepreneurs
The Mafia Manager is a book containing the distilled wisdom of men who have managed one of the largest, most profitable and long lived cartels in the history of capitalism. The Mafia Manager gathers for the first time in one book the knowledge and percepts of the ruthless bosses whose genius at organization and management contributed far more to profitability and growth than the brute strength or conventional wisdom of the legitimate CEO.
“You have undertaken to cheat me. I will not sue you because the law is too slow; I will ruin you.”
Inside The Mafia Manager book, you are going to find loads of no-nonsense business advice and successful principles; principles that guarantee accelerated business growth. Instead of leaving you in the dark with respect to the book “The Mafia Manager,” I will do you a favor by sharing with you a tip of the iceberg of some business principles I learn from The Mafia Manager. Are you prepared to learn from a Mafia? If yes, then let’s ride:
“Why join the navy if you can be a pirate?
25 Principles for Entrepreneurs
The Mafia Manager: 25 Small Business Management Success Principles for Entrepreneurs
“You have to act and act now.”
- Do business with strangers as if they were brothers and with brothers as if they were strangers.
- The most important thing in your business relationships is your reputation for honesty. If you can genuinely and sincerely fake honesty, you will be a success. Never doubt it.
“To lead people, walk behind them.”
- In business, the golden rule is: whoever has the most power make the rules.
“The meek shall inherit the earth, but not its mineral rights.”
- Mind your own business but keep your eye on the other successful businesses.
- If your neighbor gets up early, get up earlier.
- Never give business advice to another that doesn’t profit you and your own interests.
- Extreme problems usually require extreme solutions.
- People problems must sometimes be dealt with harshly. When you make an example of someone, make sure everyone knows what the lesson is. Punish one, teach a hundred
25 Principles for Entrepreneurs
“If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”
- When stumped for a solution to a particularly difficult problem, look to the past for a solution.
- Work smarter, not harder.
- Choose the time of day or night when your energies are highest and conduct business at that time.
- Be prepared for betrayal from anyone on your staff, but especially from those you have the most trust in. Every betrayal must be repaid as quickly and as publicly as possible. If you should let a betrayal go unpunished, you are through as a leader.
- Remember, not even a machine is 100 percent efficient. Don’t expect the humans who work for you to be.
- Do not ever base your plans on achieving the best possible outcome but if it comes, welcome it – after you have examined it on every side.
- Many things in life are beyond our control but with people, it is usually possible to pull strings, manipulate them.
25 Principles for Entrepreneurs
“The way to make money is to buy when blood is running in the streets.”
- The best thing to invest in your business is your time. To schedule, plan and use time effectively, know your turf and know your objectives. Assess the obstacles and opportunities, then devise your strategies.
“In times of rapid change, experience could be your worst enemy.”
- Even if it’s your day off or you are on vacation, business comes first before anything else.
- Effective time management means making the most of every minute you work and making certain that you have hours everyday and days every week, weeks and weeks every year when you do not have to work.
25 Principles for Entrepreneurs
“Hell, there are no rules here. We are trying to accomplish something.”
- Before making an important decision, get as much as you can of the best information available and review it carefully, analyze it and draw up worst case scenarios. Add up the plus or minus factors, discuss it with your team and do what your guts tell you to do.
“Screw it, let’s do it.”
- After loyalty come ability, skill and competence. Promote only able people (and the occasional humbler). You find able people by testing them.
- “Don’t be too familiar with your followers; it may at first inspire affection but eventually, like all familiarity; it will breed contempt.”
- There will be times when you will have to be abrasive, even brutal to members of your staff. Don’t worry that your people will say bad things about you because of this. They already have. But in general, try to be pleasant and accommodating. Try to please the greatest number who work for you that you can; antagonize the fewest. Blow smoke.
25 Principles for Entrepreneurs
“Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.”
- At meetings, have someone else float your newest ideas. Watch the reaction of the rest of your staff. Note who opposes, who supports, who links up with whom. See who responds with an open mind, whose mind is already made up, one way or the other. If you are going to walk on water, you have to know where the rocks are.
“The speed of the leader determines the speed of the gang.”
- Don’t encourage overtime. Tell your people that the best way to impress you is to do a great job in the time allotted for it and then go home and relax.
- You are in a war. You must plan to take the other guy down first and do it. Winning is not the best thing; it’s the only thing. If it were not, no one would keep score. To win the war, you must take charge. You must set the organization’s objectives, establish a chain of control, delegate, appraise performance, adjust and act.
25 Principles for Entrepreneurs
“When somebody challenges you, fight back. Be brutal, be tough.” – Donald Trump
“To win one hundred battles in one hundred victories is not the ACME of skills. To subdue the enemy without fighting is the ACME of skill.” – Sun Tzu
As a final note, I ask you this: Are you prepared to tap and learn from the uncommon wisdom of a Mafia leader? Do you want to adopt the Mafia’s leadership style of running a business? Would you love to build a formidable business empire that will stand the test of time? If your answer to these three questions is yes, then I will advice you get yourself “The Mafia Manager.” Enough said.