Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Monday, December 27, 2010

ECONOMICS: The Immigrant Grind

  • The immigrant work ethic that built America is not present in today's youth.
  • The importance of family and friendships in business cannot be overstressed.
  • Those who work that overtime now are the ones who will be rewarded down the road.

AUTHOR: Anonymous


When the paisans before me came from the old country, with only a couple lire in their pockets, they had the drive and determination to make it any way they could. It was almost impossible to get a job, let alone a decent antipasti, but they worked with sweat and tears to carve out a piece of America. Most of today’s youth generation either forgot or don’t bother to know how their ancestors made it up from the bottom. A hint: It wasn’t sleeping until noon and giving 60% in the workplace. The only ones who still understand the mentality of the hustle are the opportunistic people who come to this country with that same American dream and hardworking attitude. Forty hour weeks? Marone, they’ll find a way to fit 40 hours in a day if they have to. Fresh from the shores or from south of the border, immigrants today out-hustle and outperform the young stunads who were born Americano. And it’s only a matter of time before these lazy punks are replaced by the new kids on the block. Some advice for them: Try a little immigrant hustle of your own.

The underdog mentality
We all know some stunad who walks around like he has something to prove, but in certain instances, that mentality is what leads to success. Immigrants today are coming in as the Davids in a world filled with Goliaths. They’re the underdogs, and with everything they do, they’re trying to prove they have the traits of a big dog. It’s the right kind of chip to have on your shoulder. Most kids today don’t have that mentality. They’re trying to prove that you can get by in life without putting forth all your efforts. If a guy has the balls to walk into my office with that frame of mind, he’ll be lucky to get a gig switching out the urinal cakes.

Stronger relationship with families
In my line of work, family is everything. Not only because blood is thicker than water, but because family values extend outside of the close-knit circle of relatives. Kids coming to this country today have the strong familial ideals I talk about, representative of the immigrant hustle. They understand the need to respect their elders and care for the ones who need caring for. They also know the importance of their name. I tell my men: you were born into this name, strive to make others born under that same name proud. Respect those before you, stay loyal and know your responsibilities -- they’re traits lost with the youth.

Willing to do the work
You want to work a 9-to-5 job? Get a mop and broom -- those are hours for the chumps. Every job worth having requires more than the normal punches on the clock. Immigrants today understand these demands. They have the reputation for working the shifts the primo uomo turn away. It’s not because they’re desperate; they’re just smart enough to realize you have to pay your dues to make the right wages. Nowadays, you ask a kid to pull overtime on a Friday and he calls his union delegate. Marone, they’ll be in their mid-level positions until the day they die. Their bosses will be the kid who punched out at midnight.

A sense of community
Whether you’re picking up a box of cannoli on Mulberry Street, or a pint of lo mein in Chinatown, the feeling stays the same -- community. Immigrants continue to understand that it’s a game of “I scratch your back, you scratch mine.” It’s the truth in business and in life. You work together, you yield better results. The same immigrant kids who are forming after-school study groups grow up to form successful businesses; they’re always looking to help one another. On the contrary, American kids are stuck in the rut of an individualistic mentality. Me, me, me, me. My crew and I got to where we are today because we worked together. If it was any other way, we’d be in the obituaries instead of making headlines.

As these hardworking kids come to the shores of America, the lazy cafones who’ve been here since birth will continue to complain. “They’re taking our jobs, they’re taking our money.” Guys go ubatz with every new arrival. But the truth of the matter is, the immigrants are the only ones who remember what the American dream really is. You have to work hard to play hard. It’s about more than just you, and it’s about more than getting by. My advice: Follow the lead of your new neighbors before it leads to them taking over your job.

Monday, November 29, 2010

ECONOMICS: Top 10 Richest Men of All Time

NUMBER 10: Carlos Slim Helu (1940 - ) $60 Billion

The Mexican communications industry and other interests have been kind to Carlos Slim, to say the least. It’s said that between 2005 and 2007, Slim’s worth has doubled. In that period, his fortune grew around $27 million -- daily. The reason is simple: he owns everything in Mexico. Over 200 companies are under his thumb, ranging from the aforementioned telecom to transportation, and from cigarettes to soft drinks. He’s dismissed the title of “world’s richest man” with indifference, claiming that designation isn’t his kind of competition. Whether he wants it or not, he has been designated as one of the world’s richest men.



NUMBER 9: Warrent Buffet (1930 - ) $62 Billion

Like many who can afford to do so, Warren Buffett doesn’t mind pursuing new acquisitions when the economy is tanking. His latest was a joint effort with Mars for a $23 billion buy of Wrigley. Still, you might get the impression that he’s not in all this for the same reasons as others. This is the man who appeared before Congress last fall and warned of the rise of “dynastic wealth,” stressing the importance of the estate tax. Buffett also earmarked $31 billion for the Bill and Melinda Gates Foundation. Only the richest men of all time can donate billions.




NUMBER 8: Sam Walton (1918 - 1992) $62.1 Billion

Sam Walton’s passing in 1992 came too soon for him to see the full potential of his Wal-Mart empire, though he was certainly successful in his lifetime. Much of it came from offering things that we take for granted today: good variety and convenient store hours, for example. He also set the stage for efficient, cost-effective central warehousing of merchandise, extending his competitive reach into smaller markets and well beyond his first store in Arkansas.



The difference between $62.1-Billion and the Net Worth of NUMBER 1 is 261.3-Billion. FIND OUT WHO THE 7 RICHEST MEN OF ALL TIME ARE HERE.