Ideal business model: Learn from the Beatles
Everything budding entrepreneurs and venture capitalists need to know, they can learn from The Beatles, says a new book.
Come Together: the Business Wisdom of The Beatles, by Richard Courtney and George Cassidy, parallel The Beatles’ actions with lessons on business strategy, taxes and revenue.
“We look at their career as the business model it is: the most successful of all time and one that is easily adaptable,” Courtney said.
Among the lessons:
♦ In their early years, the Beatles would play eight hours a day over four sets in Hamburg, Germany. “Work like a dog. Eight days a week, if possible,” the authors write.
♦ Get “a little help from your friends.” Paul enlisted pal George Harrison to join. “Seek acquaintances with skills you lack,” they say.
♦ Watch the finances. The Fab Four were great musicians but terrible businessman at the start, earning far less than they should have. Hire an expert.