School of Hard Knocks Podcast Michael Franzese | He Made $10 Million a Week in the Mafia...Now He's Found Redemption
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Apr 23, 2025 
Michael Franzese, a former Capo of the Colombo crime family in New York, shares his remarkable transformation from making $10 million a week to finding redemption. He discusses the intense rituals of mafia loyalty and the valuable lessons he learned about leadership and integrity in both crime and business. Michael also dives into the dark side of sports gambling's impact on athletes and explores his innovative entrepreneurial ventures, like Franzese Wine and a unique pizza vending machine. His journey offers profound insights on community building and personal growth.
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Mafia Induction Ceremony
- Michael Franzese described his induction into the mafia, taking a blood oath in a secret ceremony on Halloween night 1975.
- He emphasized the seriousness and secrecy of the ritual that marked his official entry as a soldier.
Earn Respect with Diplomacy
- To earn respect as a young leader, give older peers more respect even if on equal terms.
- Diplomacy and reading the atmosphere carefully is crucial in gaining trust and authority.
Leverage Young Talent
- Surround yourself with young people who understand digital marketing and production.
- Relying on their expertise for social media and marketing is essential for business success today.