Sunday, May 26, 2013
Each of them failed to create a distinct identity for itself and each diluted the crowds from the others.
The young hustlers were on the verge of going under.
"Thirty percent of something is better than one-hundred percent of nothing.", I said to a group of young club owners and promoters.
"Y'all need to stop cutting each others throats and begin to form alliances which will allow you to buy more in bulk, exchange resources and contacts and limit your liabilities.", I continued.
I again used the Mafia imagery to express that each boss was the head of his own family and that they only came together to ensure a more stable business environment.
A summit was held between rival factions in the Street Money-level club game.
Alliances were formed and investments were secured.
These young guys understood what many other older club owners failed to.
That by structuring the business in a selfishly-cooperative model - each club could help the others grow and prosper.
That by doing so, each club owner and/or promoter was creating an owner class that would feed off of the consumer class without having to constantly battle each other for the consumer class' resources.