BizSugar.com › Success Stories › Kirk Kerkorian the Great Tycoon

Kirk Kerkorian is worth studying for a number of reasons which include the manner in which he constructed his deals. Specifically, he was notorious for the “revolving door deal” wherein he would sell a company to buyer with such onerous covenants that the buyer would eventually have to return the company to him. In The Tycoon Playbook we dissect one such deal and analyze it in detail.

These deals led to his nickname the “Smiling Cobra.”

It’s important to understand that he used this strategy in deals with huge players and not the little guy.

Sadly, they don’t make tycoons like Kirk Kerkorian anymore.