Organization
Organization

Monte Carlo

3 Books4 Highlights42 Themes

Monte Carlo appears across 3 books, with 4 highlights.

Books

Notes

Most coverage

Onassis has the strongest coverage in these notes.

Recurring themes

Immediate Conversion of Vision to Cashflow, Decision Hand-off for Rapid Scale, Flag of Maximum Advantage

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work. In his mind’s eye he could see Monte Carlo awakening from the unnatural slumber and reverting to the glory of the past. One of his exciting visions was of a new outer harbor big enough to accom¬ modate the Queen M…

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Answers use only the 3 books and 4 highlights on this page.

Highlights

"work. In his mind’s eye he could see Monte Carlo awakening from the unnatural slumber and reverting to the glory of the past. One of his exciting visions was of a new outer harbor big enough to accom¬ modate the Queen Mary and the Queen Elizabeth and attracting a big international cruising clientele. There was not a port in the Mediter¬ ranean capable of taking big passenger liners without subjecting them to the noise, smoke, and dirt of a commercial harbor, as in Genoa, Naples, Marseilles, or Barcelona. In Villefranche and Cannes the swell was so strong that it was impossible to embark or disembark pas¬ sengers during more than six hours at a time. Onassis visualized oceangoing liners coming in like yachts and staying while their pas¬ sengers flew on quick excursions to Paris, London, Rome, anywhere in Europe. It would put Monte Carlo among the great international harbors of the world and, he reckoned, attract two thousand visitors to Monaco every day. A man whose visions quickly solidify into hard figures, he worked out that even at twenty-five dollars a head a day, even without gambling, this represented a secure income of fifty thou¬ sand dollars a day. The project might require an investment of at least thirty million dollars but this was not an amount to deter Onassis."

Onassis

"been full. He was in one of his jocular moods: “I am in business only in a little way,” he told a reporter who mentioned his hundred ships, “that’s no more than eight percent of the world’s merchant fleet,” he added, “just a tiny bit.” Monte Carlo, he said, was just a hobby."

Onassis

"YOU started from nothing, you conquered everything you could dream of: you climbed to the top of the world in the sector you had entered as the last of the workers, you rang the bell at Wall Street, you bought Ray-Ban – all of Ray-Ban –, you're the richest man in Italy, you have a Rolls-Royce, a Ferrari, a yacht in Monte Carlo, a villa on the French Riviera, buildings across half of Europe, a charming villa in typical Caribbean style in Antigua, you have a new partner – the third –, you have a newborn child with her and another on the way, in addition to a child of not even ten years from your previous wife and three grown children who are living their lives. You are approaching your seventies."

Leonardo Del Vecchio

"Sol soon set up an office on Jermyn Street, London, which he shared with Charles Fiddian-Green of Rennies and a young Johann Rupert. Peter Bacon, who had also left South Africa with his then-wife Vicky and their three girls, joined the rebounding Sol, too. Peter and Vicky bought a home in Hampstead from the musician Sting. Their hopes of settling down in London were quickly dashed, however, as Sol put together a deal in Monte Carlo, Monaco, to create Monte Carlo Sporting, a proposed leisure and sport centre with, of course, a casino. Bacon therefore moved to Monte Carlo."

Sol

Themes

Immediate Conversion of Vision to CashflowDecision Hand-off for Rapid ScaleFlag of Maximum AdvantageWaiting Out the Downturn with Idle AssetsMastery by Relentless QuestioningInstinct-Driven Action Amidst UncertaintySolo Operator with Minimal EntourageRelentless Cross-Border Deal AssemblyHumility with Giants, Relentless with InstitutionsTurning Vision into Numbers InstantlyStealth and Privacy as PowerClose Every Circle Until Control Is CompleteFashion Signature as Margin MultiplierPaternalistic Covenant With the ValleySubcontractor Apprenticeship as EspionageLow Cost Many Models Flood StrategyOrphan Hunger as Permanent EngineBuy the Myth Then Rebuild It From the Product UpCash Fortress Before the Storm HitsSilicon Valley Peers Not Italian PeersBring Production Home When Quality FailsEvery Euro Saved Is an Extra Euro in ProfitOwnership Separated From ManagementClosed Valley as Loyalty FortressMove Before Being OverwhelmedHostile Raid to Swallow the Whole AnimalWall Street Listing as Credibility WeaponPocket Recorder on the NightstandFactory Floor at Five AM, Never the OfficeControl Freak Construction SupervisionConstruction Site as CEO BattlegroundOpening Spectacle as Marketing InvestmentCelebrity Positioning as Market StrategyLandscaping as Building CamouflageDetails Drive Profit DoctrineCopy-and-Improve Blueprint AcquisitionSite Positioning as Make-or-Break DecisionExceed Expectations Service PhilosophyManagement by Walking Around ObsessionBuzz Creation Over Basic AmenitiesOpening Date as Immovable DeadlineExclusive First-in-Market Positioning