On September 8th, 2009, 50 Cent became the first rapper to write a book of management advice: The 50th Law. Its unfortunate that the book boils down to a cliche “be authentic” self-help management book, writes Lucy Kellaway of the Financial Times. 50 Cent’s drug dealing tenure gives him much to offer managers, particularly during a recession.
Dealers are fitting models for conducting business during a credit crunch since “they live permanently in a world of zero credit,” Kellaway writes. Nick McMaster explains that “cost-cutting CEOs must detach themselves from employees whose jobs are in peril, just as hustlers must disregard customers’ welfare.” One difference, Kelleway points out, is that “in an emergency a drug dealer must be able to pop his product in his mouth and swallow it at a moment’s notice—whereas the CEO seldom finds call for such extreme action.”
Click here to read Kellaway’s article.
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