Kardashian matriarch Kris Jenner has been criticized for “pimping out” her children, but the mother’s shrewd dealings may be a smart move. Of the 10% manager fee Kris takes from her family members’ earnings, daughter Kourtney says, “We’d have to give it to someone else; I’d rather keep it in the family,” and Kim states, “She has this vision for us, and she makes it happen.” In fact, it has been reported that Kris “makes it happen” to the tune of $65 million a year. What can business owners learn from this? When the goal is to build wealth, keep it in the family – all of it.
Moneyball is a film about baseball, but on a deeper level,
it’s about how to succeed in life through a series of broader principles,
which can be applied to many areas, including business. Here are five such
principles that business owners can utilize.
Aristotle said that all persuasive arguments have 3 common elements, and he
gave these elements some great names (which suspiciously sound like the names
of the Three Musketeers):
It's no secret that professional athletes make boatloads of money both on the
field and through lucrative endorsement deals, but what many fans don't
realize is that these big-money stars often blow all their cash in
spectacularly bad business ventures.
Fearing the debate would never end (and with our coffee running out), the
staff finally settled on the following (admittedly unscientific) criteria:
size and longevity of operation, visibility of brand, and -- quite honestly --
how compelling we found the founder's success story. If our internal
discussion about this list serves as any indication, many readers will feel we
snubbed their favorite franchise founder (and someone on our staff will
probably agree). So, if you think we missed someone, leave a comment below,
and let the debate begin!
