56sec snip

The Diary Of A CEO with Steven Bartlett cover image

Former Mafia Boss: "I Was Running The Biggest Scam In The World! $1.4 Million A Day!" - Michael Franzese

The Diary Of A CEO with Steven Bartlett

NOTE

Diversification Drives Success

Operating multiple legitimate businesses, including car dealerships, a leasing company, a film production venture, restaurants, and a video rental shop, reveals a strategic approach to income generation. The success is heightened by a thorough understanding of market demands, such as the popularity of horror films during that era. Additionally, involvement in lending money demonstrates an extended financial network, allowing for further capital circulation among peers. This diversification not only minimizes risks but also capitalizes on various opportunities, reinforcing the idea that managing multiple income streams can lead to significant financial success.

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