School of Hard Knocks Podcast
Michael Franzese | He Made $10 Million a Week in the Mafia...Now He's Found Redemption
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.
53:59
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Quick takeaways
- Michael Franzese's transition from a life of organized crime to meaningful redemption illustrates the profound impact of personal choices and leadership.
- His emphasis on emotional intelligence and respect within the mafia environment demonstrates crucial strategies for navigating challenging, competitive dynamics.
Deep dives
Early Involvement in the Mafia
Michael Franzese’s entry into the mafia was significantly influenced by his father's prominent role in organized crime. Initially aiming for a medical career, his path shifted dramatically after his father's conviction, compelling him to abandon his studies and join the family business. Under the mentorship of mob boss Joe Colombo, Michael's familial bonds deepened his commitment, leading to his eventual initiation into the mafia on Halloween night in 1975. This transition marked a pivotal point in his life, where he traded academic aspirations for a path filled with crime and responsibility in the underworld.
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