Lessons. Reality. Etc.

I was listening to an interview with Mike Franceese (sp) today and he said some interesting things about business.  Mike is a former “made” man in the mob.  His father was an underboss and Mike himself had a long and crazy-profitable run in the mob before getting out and going legit.  He’s written some books about business and tried to make a legit run.  (He detailed in the interview how he keeps from getting in trouble with his former associates as well, which is interesting stuff but for another time). 

Anyway, one of the points he made was that Donald Trump inherited 400 Million Dollars before he was a successful businessman.  He said, “8 out of 10 people, if you gave them $400 million bucks, they could probably make a mint.”  With that much money, you get lots of opportunities in front of you and lots of people are just dying for a chance to take a slice of your cash so they can work their asses off making you more money.

But the more important point he made was that some people have the mental muscle to get knocked down, dust themselves off, and keep going.  Some people don’t have it and that’s fine.  But for those who do, failure is a part of life and their success is mostly defined by how willing and resiliently they get up from each failure. 

Franceese said that, No, there is no secret formula for success.  It takes hard work, luck, desire, support, the right people, the right place, the right time, the right market, and a zillion other things.  But the most important of these things is the mental, physical, and emotional capacity to follow through on your belief that whatever your idea is, it will work as long as you make it work.


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