568: Tom Wainwright | Narconomics

The Art of Charm

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Business, Health & Fitness, Education

4.7 • 11K Ratings

🗓️ 24 November 2016

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tom Wainwright (@t_wainwright) of The Economist shares the harrowing and sometimes grisly experiences he endured to write Narconomics: How to Run a Drug Cartel. The Cheat Sheet: Understand the parallels between the drug trade and regular businesses. Learn how ideas of economics and business apply to any entrepreneurial or business venture. Discover how drug cartels engage in corporate social responsibility, branding, and even PR campaigns. Hear why drug cartels franchise, regulate labor, branch out online, and diversify into legal (and ubiquitous) industries. Perhaps most intriguing of all: find out how an economist gets discovered wearing a GPS device to a meeting with a drug lord and lives to tell the tale! And so much more... If you want the most amazing shave possible, take it from us: use a fresh DSC Executive blade and Dr. Carver's Shave Butter -- two reasons to join Dollar Shave Club here today! DesignCrowd helps startups and small businesses crowdsource custom graphics, logos, Web design -- even tattoo designs! Check out DesignCrowd.com/Charm for a special $100 VIP offer for our listeners or enter the discount code CHARM when posting a project. Does your business have an Internet presence? Now save a whopping 50% on new webhosting packages here with HostGator by using coupon code CHARM! Find out more about the team who makes The Art of Charm podcast here! Show notes at http://theartofcharm.com/podcast-episodes/tom-wainwright-narconomics-episode-568/ HELP US SPREAD THE WORD! If you dig the show, please subscribe in iTunes and write us a review! This is what helps us stand out from the crowd and help people find the credible advice they need. Review the show in iTunes! We rely on it! http://www.theartofcharm.com/mobilereview Stay Charming!

Transcript

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0:00.0	they set a lot of differences using violence, which in the world of drugs is the only way to
0:04.2	influence contracts. Welcome to the Yard of Charm. I'm your host, Jordan Harbinger. Today we're
0:11.3	talking with Tom Wainwright, author of Narco Namix. He's a writer at the Economist, and we're
0:16.1	looking at the parallels between drug cartels and regular businesses. I realized this episode has
0:21.5	a much more tenuous nexus to psychology and other AOC related concepts. I just found the
0:26.5	information in the book so interesting and compelling that I wanted to do a show on it. So this
0:30.7	one is a lot less actionable than usual, but it will get you thinking. You should listen to this
0:35.4	episode if you're interested in how ideas of economics and business apply to any entrepreneurial
0:40.4	or business venture, how cartels engage in corporate social responsibility, branding, and even PR
0:45.9	campaigns, how cartels franchise, regulate labor, branch out online, and even diversify into
0:52.1	markets that produce and transport products that we all consume in our daily lives. This is a bit
0:57.9	of a divergence in our usual fare, but in my opinion, one that's really interesting. So enjoy this
1:02.7	one with Tom Wainwright. And by the way, if you're new to the show, we'd love to send you some top
1:06.8	episodes and the Art of Charm toolbox where we discuss things like body language, non-verbal
1:11.5	communication, persuasion, networking, negotiation, mentorship, everything else we teach here at the
1:17.0	Art of Charm. If you're in the USA, you can text charmed that's C-H-A-R-M-E-D to 3, 3, 4, 4,
1:23.6	everywhere else, you could just go to the art of charm.com. Also at the art of charm.com slash
1:28.4	podcast, you can find the full show notes for this and all previous episodes. All right, here's Tom
1:33.4	Wainwright. Tom, this is interesting because I heard the title of book and I thought, all right,
1:40.4	time is good, right? Because we're all fresh off Narcos season two. And I thought, wow, economics
1:46.4	and drugs. Where do I sign up? I mean, it sounds just like college for me, sort of. And you've
1:52.5	done a really interesting book here. You wore a GPS device to meeting with a drug cartel leader
	...

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