This is a very powerful video about the importance of having passion for your work. Without passion it’s too easy to quit if things don’t go smoothly and quickly.

I may have more money than you, but money doesn’t make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you. – Warren Buffett

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The Rise and Fall of Adnan Khashoggi

deal-makers

Deal-maker Adnan Khashoggi

Back in the 1970s and 80s Adnan Khashoggi was in the news on a weekly if not a daily basis. Rumor had it that the weapons trader turned deal-maker was one of the richest men on earth. At first the media covered him because of his luxurious lifestyle of private jets, big yachts, glamorous women, and hobnobbing with royalty. Then he became associated with the Iran-Contra and Lockheed scandals. After that he went on the decline.

Adnan was not the type of deal-maker we normally cover here. He was much more of a schmoozer than asset accumulator. His talent lay in bringing different parties together for the purpose of collaborating in business deals. If a deal was done Adnan received a handsome commission.

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Mini-course on tycoon growth strategies?

Someone suggested that I offer a mini-version of The Tycoon Playbook course for those on a limited budget. I’m not sold on this idea making any sense because if you can’t afford the enrollment fee then you can’t afford to put the course into action either. However, I am willing to mull it over and gauge interest. My initial thinking is to offer a mini (strictly online) version at a nominal price which would be credited against the enrollment fee if a person decided to sign up afterwards.  Free is not an option because there’s no incentive for me and besides people don’t appreciate free things. So if you are interested in a mini version of the tycoon growth for a price tag in the $50 range, sign up below and I will keep you posted.  I never sell or share your information with anyone. Continue reading

Captain Courageous aka Ted Turner

Controversy has always followed Ted Turner. People either hate him or love. Personally, I have been a fan ever since he won The America’s Cup back in the 1970s. He epitomizes what a billionaire should be in my humble opinion.

He took advantage of the time away from his baseball team by entering the 1977 America’s Cup race. In a dramatic series of contests in mild weather, his outdated yacht Courageous defeated its competition with clever, bold tacking to win the right to defend the America’s Cup against the world’s challenger. In somewhat less calm weather, Turner and a crew comprising veterans in their fifties and young men won the America’s Cup. Turner was too drunk to stand up during the victory celebration and was remembered for falling from his seat to the floor during presentations of the competition’s awards. (Source)

To be clear it wasn’t so much the victory as it was his post-race celebratory style that won my admiration. (Hey, did I mention that I was still in high school at that point?)

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Frontier Capitalism Documentary – Cowboy Capitalists

I know you guys like the frontier capitalism material, so here’s a documentary about another adventurer who travels far away to start a business. Hit the expand icon in the bottom right corner for full screen viewing and escape to exit it. Check the tag cloud for other posts on the topic.

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