I am a big fan of the Tropical MBA podcast.
Ian and Dan from Tropical MBA
Ian- “So Dan there are some important figures in history and one of them is The Notorious B.I.G one of the great entrepreneurs of our time. I’m going to frame up what he did then and how we could apply it to business today.”
Dan- “Yeah,we’re going to take this street wisdom and put it on to the internet.”
Ian- “Ok, so let’s just run down through The Ten Crack Commandments and how they apply to business today.”
TEN CRACK COMMANDMENTS
1. Never let no one know how much dough you hold.
Never brag about that money.
2. Never let ’em know your next move.
Don’t talk about your future plans. You’re gonna sound like an idiot when you tell everybody you’re writing a book and then you’re not really writing a book that much.
3. Never trust nobody.
It’s not validated unless they’ve paid you money.
4. Never get high, on your own supply.
Don’t believe your hype. Just because you have a lot of iTunes reviews does not mean you are producing a quality podcast.
5. Never sell no crack where you rest at.
Home offices aren’t always a great idea.
6. That credit, dead it. You think a crack head paying you back? Forget it.
Net thirty is for suckers.
7. Keep your family and business completely separated.
Your brother is not that good of a developer anyway.
8. Never keep no weight on you.
It’s best not to resolve your internal company conflicts on social media outlets.
9. If you ain’t gettin bags stay away from the police.
Don’t link your business name to your Google accounts.
10. If you ain’t got the clientele say heck no.
I think what Biggie is trying to say is if you purchase inventory before you customers have bought the product you’re in deep trouble.
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Make sure to listen to Tropical MBA podcast. These guys really know their stuff. Check them out here.