Let’s Open the Books and Let More Entrepreneurs into the Million-Dollar Club!


by Guest Blogger, Lou Bortone

Maybe it’s because I grew up in a neighborhood filled with real-live Wiseguys, but I’m starting to think that the bigtime Internet marketing millionaires are part of a secret society.   You may think that I’ve been watching too many episodes of “The Sopranos,” but consider the similarities…

In La Cosa Nostra, Mafia “soldiers” from various Families would have to work their way up through the ranks to eventually become “made” men.   Every once in a while, the bosses would open the books so that new Mafiosi could be sworn in and inducted into the higher echelons of the Mafia. The induction ceremony is a secret ritual where the candidate’s finger is pricked and his blood is smeared on a picture of a saint, which is then burned.  The newly-inducted member must swear loyalty and promise to follow Omerta – The Code of Silence.

Okay, so maybe the entrepreneurial elite are not holding secret induction ceremonies to decide who makes it into the million-dollar club, but it sure seems like the “books” are closed on new members!    Think about your favorite Internet marketing superstar.   Are they really that much smarter than you; or do they work that much harder?  Obviously, they’ve got more experience and have probably been at it longer than you – but what’s their real secret to success?  More important, how do you gain access to their exclusive “club?”

In La Cosa Nostra, you’ve got to be a good earner and make lots of money for your boss.   Perhaps the coaching equivalent is joining your coaching guru’s “inner circle,” or high-end coaching program!   I’m not sure that’s really the case, but it certainly helps to have a mentor or coaching “Godfather” if you want to reach the coaching elite.

You could even argue that affiliate marketing is not a whole lot different than the obligatory “tribute” money that always has to be kicked upstairs to your sponsor.  And don’t even get me started on MLM, which is often run like the Mafia.  (I’d take Wiseguys over MLM companies any day, but that’s another rant!)

Fortunately, in our business, you don’t have to have anyone whacked to get ahead.  (As far as I know)  But you may have to hitch your wagon to a star and swear your allegiance to your coaching guru (or gurus) of choice.  And don’t forget your checkbook!

As for the godfathers of the coaching world, you better make some room at the top.  There’s a new generation of coaches moving up, and we want a piece of the action, capishe?  And if you think we’re gonna wait for an invitation to get “made,” you can fugedaboudit!

About the Author:

Lou Bortone is a long-time marketing consultant and branding coach who helps entrepreneurs build breakthrough brands on the Internet.  As an online video branding specialist and award-winning marketer, Lou provides services such as video production, brand development coaching, creative support and video coaching.  Lou is a former television executive who worked for E! Entertainment Television and later served as the Senior Vice President of Marketing & Advertising for Fox Family Worldwide, a division of Fox in Los Angeles. Lou is an author and ghostwriter of six business books, a Certified Guerrilla Marketing Coach and a Book Yourself Solid Certified Coach.  His website is at: http://www.OnlineVideoBranding.com.


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  • http://www.facebook.com/lisbeth.tanz Lisbeth Tanz

    Lou – great observations and I applaud you for talking about the "elephant in the room." And your ending – classic! You're right – the gurus aren't smarter than we are, simply better positioned and had good timing. Not that they aren't good at what they do. But sometimes the "exclusivity" of it gets old.

  • http://www.VivaVisibilityBlog.com NancyMarmolejo

    Lou, I love your metaphors! Any business comes with its risks. You can always hitch to someone else's star, but at the end of the day you must ride on your own credibility. One of the reasons I go through an interview process with my high end clients is because I DO want to promote them to my peeps… but I can't do that in integrity if they're not ready or if it seems like favoritism. You can't buy my vote!Sometimes people sign up for high end coaching programs or hitch themselves to various gurus with a "You owe me" attitude. And that's not fair either. Learn what you can from your mentors, but never rely on anyone but yourself to get to the top. Not a mentor, not a JV, not an affiliate. It just doesn't work in the long run.Oh and by the way…… watch out for anyone sending you a box of cannolis…

  • http://www.VivaVisibilityBlog.com NancyMarmolejo

    I agree Liz, it is an elephant in the room especially as more and more high end coaching programs pop up. Finding balance is key.

  • http://www.ubervu.com/conversations/vivavisibilityblog.com/let%25E2%2580%2599s-open-the-books-and-let-more-entrepreneurs-into-the-million-dollar-club/ uberVU – social comments

    Social comments and analytics for this post…

    This post was mentioned on Twitter by itextQpons: Let’s Open the Books and Let More Entrepreneurs into the Million … http://bit.ly/bj0C73...

  • http://www.OnlineVideoBranding.com/ Lou

    Thanks for the comments! I may have more to say when I come out of hiding! heehee

  • http://twitter.com/va4hire Marta Costa

    What can I say, I'm a sucker for anything relating to The Godfather but I love your creativity Lou, as always!This is one of those posts that I actually took the time to 'read' vs my usual 'skimming' and I literally laughed out loud by the time I got to Nancy's comment about the Cannoli ;)

  • http://www.VivaVisibilityBlog.com NancyMarmolejo

    Lou's next post will be about the Cement Shoes of Joint Ventures, please don't miss it.

  • http://www.VivaVisibilityBlog.com NancyMarmolejo

    I'm sending dark glasses and a blonde wig, look for them in an unmarked package behind the tree… you know which one.

  • http://www.arbutuscoaching.com/ kathy santini

    Lou, I'm Eyetalian and love your blog and metaphors. I always used to joke with difficult people that my father was Eyetalian, in consruction and threatened to put them in cement boots if they didn't co-operate, lol. I agree with you, time to move over for us rising young Turks.

  • http://www.VivaVisibilityBlog.com NancyMarmolejo

    Which is exactly why they call you The Great Santini!