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EBBC Brussels - Narconomics: How to run a drug cartel (T. Wainwright)

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transforma bxl

13 Avenue Jules Bordet

1140 Evere

Belgium

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Monthly interactive EBBC (Entrepreneurial Business Book Club) session in Brussels - We activate (y)our knowledge!

About this Event

Monthly interactive EBBC (Entrepreneurial Business Book Club) session in Brussels.

This one centered around "Narconomics: How to run a drug cartel", a fascinating book written by Tom Wainwright.

DISCLAIMER 1: Author of the book will not be present. This is by and for the EBBC community.

DISCLAIMER 2: Make sure to have your Eventbrite ticket before the session.

DISCLAIMER 3: Want to become a full time EBBC member and get free access to all sessions? Easy! Go here: https://www.joinit.org/o/ebbc

Expect an interesting, introspective and practical session! We activate (y)our Knowledge!

How does a budding cartel boss succeed (and survive) in the $300 billion illegal drug business? By learning from the best, of course. From creating brand value to fine-tuning customer service, the folks running cartels have been attentive students of the strategy and tactics used by corporations such as Walmart, McDonald's, and Coca-Cola.

And what can government learn to combat this scourge? By analyzing the cartels as companies, law enforcers might better understand how they work—and stop throwing away $100 billion a year in a futile effort to win the “war” against this global, highly organized business.

Your intrepid guide to the most exotic and brutal industry on earth is Tom Wainwright. Picking his way through Andean cocaine fields, Central American prisons, Colorado pot shops, and the online drug dens of the Dark Web, Wainwright provides a fresh, innovative look into the drug trade and its 250 million customers.

“Because of the difficulty involved in hiring new employees, and in making new contacts in the import and export game, drug traffickers may in fact be more forgiving of mistakes than legitimate firms, they suggest: “Given the impediments to information flows in these markets, relationships may be even more important than in legal markets.”

“The vast increase in spending on border security has inadvertently transformed the people-smuggling business from an optional, cheap, amateur affair into a near-compulsory, very expensive, and cartel-dominated one. It is a gift to organized crime.”

"They say that in certain industries, Wal-Mart is effectively the only buyer in the industry. So if there's some disruption to supply, let's say the harvest fails for apples or something like that, apple growers aren't able to increase their prices because Wal-Mart is the only buyer and they say, "Well, sorry, but this is our price and if you don't want to sell to us, well, tough." So the sellers have to carry on selling it at the same price as before. It seemed that something similar might be going on in the cocaine industry. ..."

Make sure to read the book (or a summary, youtube videos, podcasts, ...) beforehand!

The more you put in, the more you get out! Do it for you, the others and the overall quality of the session!

www.ebbc.be

ebbc.core@gmail.com

+32 497 57 73 46

WANT TO BECOME A FULL TIME EBBC MEMBER? Easy! Go here: https://www.joinit.org/o/ebbc

If you're already part of our amazing community, nothing will be charged.

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Date and Time

Location

transforma bxl

13 Avenue Jules Bordet

1140 Evere

Belgium

View Map

Refund Policy

Contact the organiser to request a refund.

Eventbrite's fee is nonrefundable.

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