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Blackwater founder Erik Prince | PBD Podcast | Ep. 372
PBD Podcast
Challenges of Doing Business in a Corrupt System
The challenges of doing business in a corrupt system are evident in the story shared. The speaker faced obstacles due to the corrupt money train and regulatory attacks from Washington. Despite innovating successful military strategies after 9-11, they faced backlash from the conventional Pentagon and a regulatory onslaught. The business incurred massive legal fees and fines, primarily due to export licensing issues, which were influenced by political motives rather than security concerns. The speaker's decision to exit the business stemmed from the relentless attacks faced, making it challenging to continue operating in such a corrupt and politically influenced environment.
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