Podcast Welcome: A Toast to Truths is where I share the mental, financial and emotional frustrations of being an entrepreneur. This is Season 6 Episode 4 “Entrepreneurship Lessons from Drug Traffickers”
Q: What can we learn from Pablo Escobar?
TV shows used as reference from Netflix: Pablo Escobar el patron del mal, La Viuda Negra, La Reina del sur, Camelia la texana
How do drug traffickers relate to Season 6 theme of Karma and Destiny
Find a product/service that will become high demand.
Hire the best people to help create your product.
Find new, different or creative avenues to get your product to your customers.
If your expenses go up, then raise the price of your product.
Study under someone who is doing what you want but don’t wait until you’ve been promoted to the highest level to leave.
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Don’t keep yes men around
Don’t make decisions for people who aren’t employed by you directly.
Pay people what they ask for and what you can afford if they deliver the results.
Make special occasions with your family special.
Find legitimate ways to diversify your funds.
Final Toast: You may learn some valuable business lessons from the most unlikest source. Don’t look down on them. Take what you can use and leave the rest.
This has been A toast to truths with me, Vernetta R Freeney talking Entrepreneurship Lessons from Drug Traffickers and the consequences they’ve not me encountered.