Great Business Stories

I’ll start with a quote from 2023 at a ceremony to announce and celebrate the retirement of the jumbo jet: ""“It is the most well thought out and safest aircraft ever built. Even when you understand the science behind flight, there’s nothing like seeing a 747 take flight to remind you that there’s also magic here.” So spoke John Travolta, the actor and plane nut — he’s a licensed 747 pilot and a huge fan of the plane. He actually has a house with a runway, and his planes, which include a 707, are parked outside. You really have to Google this — it's pretty amazing.
But what I find even more fascinating than a 747 in flight or Travolta's home is how the 747 came into being: the agreement to build it was sealed with just a handshake on John Wayne's yacht, how Boeing overcame huge obstacles to build the biggest plane in the world in just 3 years — and to do this they had to build the biggest factory in the world, and it remains the biggest factory in the world — its construction almost brought down Boeing and its main partner Pan Am, and as you’d expect there are big personalities — it’s a thrilling story — enjoy.

I just love this story - it has everything - Jonathan Abrams, a young, smart coder from Canada, moved to California because he wanted to be at the very heart of the internet boom. And on nothing more than an intuition, a feeling of how things should be online, he comes up with the framework for a social media platform, the very same model that MySpace, Facebook and all the others then learnt from or copied. But Abrams and Friendster were first, and for a brief moment, they were the hottest property in Silicon Valley - Google tried to buy them. VCs were desperate to invest with them - and within just a few months, it all fell apart, leaving the door wide open for MySpace and then Facebook. It’s a fascinating story, enjoy

I’ve wanted to dig into  Packers life for a long time now, because one thing I’ve come to know from over 35 years of reading business stories is that when it comes to big characters with the most drama- the media tycoons always win hands down. And so it is with Packer we’re talking getting into an actual brawl with heavies hired by Rupert Murdoch, transforming televised sport, having his name dragged into rumours about drug trafficking and even murder, winning and losing tens of millions in casinos in London and Las Vegas. Packer was without doubt one of the larger than life figures ever in business and it’s a cracking story, enjoy.

This is the remarkable story of how Agha Abedi built BCCI, a global bank founded in Pakistan that was revered by its ordinary customers and employees. Abedi was seen as more than just a banker- a visionary and philanthropist. But there was a second bank within the bank called the Dark Network, and this secret side of the bank provided special services for corrupt politicians, funded wars, washed Pablo Escobar’s drug money, facilitated the murky dealings of MI6,  the CIA among others and then it all came crashing down from an undercover operation straight out of the movies . It’s a fascinating story- enjoy.

This, I promise you,  is one of the most audacious and just jaw dropping financial schemes that I’ve ever come across. Two young outsiders initially taking on and beating Cornelius Vanderbilt, the richest man in America and then on the back of their success, they attempt to corner the gold market. It's got everything, political corruption, backroom deals in Albany, a siege in New Jersey, back stabbing and betrayal, and the first Black Friday ever 1869, when the markets crashed and Wall Street descended into chaos.
It's a cracking story — enjoy.