What We Can About Buisness From the Godfather

Business Lessons You Tin can Learn from The Godfather |

There are far too many things for entrepreneurs to learn from The Godfather. Whether you're the head of the Corleone crime family or leading a project team, entrepreneurs and mobsters have a lot in common. Don Vito Corleone may non have used Excel and Microsoft Project, simply he knew a lot about delivering projects and getting results. Here are a few indispensible business organization lessons you must learn from one of the greatest series of all time:

1) Recruit a trusted advisor:

Everyone in the family unit respects the Godfather for his experience in the business concern. He is the bailiwick matter practiced in many aspects of the family concern, merely he knows he has gaps in his cognition. So, the Godfather wisely sought after a defended and trusted lawyer. Tom Hagen, lawyer and counselor to the Corleone family, advises the Godfather on a varied range of matters. Tom is one of the few non-Corleones admitted into the inner circle. His trusted informational status combines with the expertise and the detachment of a nin-family member which helps him share hard truths without any concerns. Lesson: to abound your concern, notice a trusted advisor exterior your organization to give y'all unbiased second opinions almost the challenges y'all face

two) Start with subtle communication: Communication is 1 of the most of import skills an entrepreneur possesses. Surprisingly, the mafia globe also requires subtle communication skills. Anyone who has watched The Godfather carefully will observe that bullets are rarely the first means of making a point. Early in the moving-picture show, the Don had to put a point across to a motion picture director. He starts past sending his advisor, Tom Hagen, to make a subtle request. When the request doesn't work, the Godfather has to take radical steps to brand his point. Knowing when to escalate a situation into a confrontation is a delicate art that the Don mastered over the class of his long career. Lesson: you need to perfect the fine art of communication. You lot volition be communicating with a lot of people on a daily basis and you demand to know when to use subtle communication skills and when to take it to the next level to get your work done or to resolve a disharmonize.

3) Know your strengths: Taking up new challenges and tasks tin can be a daunting procedure. If you are not comfy treading into new waters, take your fourth dimension, build your resource. Merely if you know you cant handle information technology, don't be afraid to say no and give it up. Yous are the best estimate of your strengths. Don Corleone faced a similar challenge in deciding whether or non to expand his empire to include illegal drugs. Despite the profit opportunities offered, the Don refused to enter the business. In the eyes of some, this made him a traditionalist who was behind the times. In his world, I would argee that the Don made the correct determination — expansion into the narcotics merchandise would concenter likewise much unwanted attention from the government. Lesson: when y'all come across an activity that requires a new set of skills, think carefully well-nigh deciding whether it makes sense to acquire them or not.

4)Give favors to build relationships:

When was the last fourth dimension yous did whatever of your colleagues a favor? It could've been a pocket-sized 1 like getting them a cup of java or teaching them something that could assist them out in the future. Giving (and asking) for occasional favors is a key aspect of building relationships. My favorite example of the Godfather giving someone a favor is ane of the least well known. At one point, an elderly lady is having issues with her landlord, and so the Godfather steps in and helps her out. This particular relationship won't really plow out to be profitable for the Godfather but it is a perfect example that shows how to build relationships and maintain them. Lesson: life is a two fashion street. People are going to assistance y'all in your time of demand just if they know you will practise the aforementioned for them.

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Source: https://medium.com/@PipesApp/business-lessons-you-can-learn-from-the-godfather-257d516f58ad

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