The Entrepreneur’s Manifesto

14. dubna 2020
Autor: Jim Cusumano


As I look back over my life, and having spent part of that time in the entertainment business, I see Frank Sinatra’s version of My Way as containing the very essence of what I call The Entrepreneur’s Manifesto, something that says it all about being an entrepreneur. Allow me to share a little personal history to show how this all comes together.


Figure 1: The author as a teenager, then the lead singer and keyboard player for The Royal Teens

Figure 2: Frank Sinatra: Hoboken, NJ-born iconic entertainer known as “Ol’ Blue Eyes” who popularized Paul Anka’s My Way, now The Entrepreneurs Manifesto.

It was June, 1969, and although I had been out of grad school for two years, and working as a research scientist for Exxon, I was still smack dab in the middle of rock and roll, playing every weekend with the Royal Teens at clubs in New Jersey and Manhattan. After 10 years as an entertainer during one of the most exciting periods of contemporary music, I found it difficult to cut the umbilical cord. We were fading in popularity, surviving off our decade earlier successful recordings of Short Shorts and Short Shorts Twist, hits that put us on the road with many of the early pioneers of rock and roll music (Figure 1). Chuck Berry, Jerry Lee Lewis, Buddy Holly and the Crickets, Little Richard, among others were our constant companions.

On a dreamy Friday evening, I was driving my red 57’ Chevy convertible with the top down, soaking up a warm summer breeze, the radio blasting out what today are referred to as “oldies but goodies,” although then, they were certainly “newies.” I was on my way to Danny’s Hideaway on Route 22 in Union, New Jersey, where we were booked for several weekends. During a commercial, I impatiently flipped through the stations and stumbled on to easy-listening music. And there it was; I heard it for the first time, “Ol’ Blue Eyes” singing My Way (Figure 2). I could not get myself to change the station back to rock and roll. The melody and the lyrics touched me deeply. I have probably sung My Way a thousand times since then and I never tire of it.

Figure 3: After hearing a haunting French ballad written by Claude Francois and Jacques Revaux, Paul Anka sat down at 5 o’clock in the morning and quickly penned the lyrics to My Way, specifically to be recorded by Frank Sinatra. It would become one of the biggest international hits of all times.

The music, written by two Frenchmen, Claude Francois and Jacques Revaux, was put to haunting lyrics by Paul Anka (Figure 3). Paul, a native Canadian, and I both started in show business at the same time, launching our careers recording for ABC Paramount Records.
My Way was custom written by Paul, specifically for Sinatra. He had heard the French tune and its melody haunted him until he just had to marry the music with English lyrics. He sat down in the middle of the night and without thinking, the first words that came to him were “and now the end is near.” The rest of the lyrics followed immediately and by five o’clock in the morning he had completed the song. He picked up the phone and called Sinatra, who at the time was playing in Las Vegas. He listened closely to the lyrics and within seconds responded with, “Kid, I love it!” The rest is, as they say, history. My Way, more often than not, touches the soul of anyone who has played the role of entrepreneur throughout their life. Certainly Frank was one in his own right.
For me they paint a vivid picture of a man at the end of his life, looking back on his journey.

And now the end is near, and so I face the final curtain.
My friend I'll say it clear, I'll state my case of which I'm certain.

These lyrics embraced me even more so as I progressed along my path from rock and roll entertainment to corporate America, to founding and leading the growth of two public companies, to making and releasing a feature film, to my life in Prague as a holistic hotelier.

I've lived a life that's full; I traveled each and every highway.
And more, much more than this, I did it my way.

Mine has been a life of many ups and some downs, and it most certainly has been full. I spent a good part of my professional career founding and leading the growth of ventures that have made a difference in the U.S., Europe, Asia and South America—and what a ride it’s been! Often I was on a path that “experts” said would never work. But, just like “Ol’ Blue Eyes,” I had the brilliant counsel, guidance and support of a number of Giants along the way. They were clever, caring people on whose shoulders I stood so that I could see much farther down the path of my life than I ever could have done on my own. So when Frank sings My Way he doesn’t mean his life was a solo; however, in the end, it was he who looked destiny straight in the eye and took personal responsibility for his final decisions—so, yes it was My Way.

Regrets I've had a few, but then again too few to mention.
I did what I had to do, and saw it through without exemption.

Sure, I had regrets on occasion, like taking on two wealthy investors who ruthlessly pulled their funding during the early stages of our company, forcing us to lay off 20 percent of our talented team; some, very close friends. But something, and most times, someone—one of my Giants—always lifted me up again, and I could see that precious light on the distant horizon. Those Giants inspired an inner voice that propped me up more than once; “Don’t give up! Dammit! Follow your dream!”

I planned each charted course, each careful step along the byway. And more, much more than this, I did it my way.

We planned and planned, and it didn’t always work out, but “mistakes” for us were “learnings,” and they were minor compared to our successes. It’s been a journey I will never forget; and I am deeply grateful for it all.

Yes there were times I'm sure you knew, when I bit off more than I could chew. But through it all when there was doubt, I ate it up and spit it out, I faced it all, And I stood tall and did it my way.

Yes, there were times we pursued projects I wasn’t sure we could deliver, but with the unmitigated dedication of our inspired management team and employees, we made it happen. In less than five years, we grew our pharmaceutical business from five people to 2,000 with sales of $500 million and a billion dollar market value on the NASDAQ stock exchange. We had to jump through hoops for the Securities and Exchange Commission (SEC), but our creative financial and legal teams always found a way, and everyone in the company shared in the dream—and in the rewards.

We were driven with intense personal passion because we saw ourselves creating technologies that enabled us to manufacture critically needed drugs at low cost and without environmental impact. All of us had someone in the family who could not readily afford their monthly prescription bills. We truly wanted to make a difference—especially for them.

I've loved, I've laughed and cried, I've had my fill, my share of losing. And now as tears subside, I find it all so amusing.

Sure, I’ve laughed and cried along the way. With two beautiful daughters, watching my wife lose her battle with breast cancer was more than a personal tragedy—it tore at my soul for quite some time. But, the Universe has been good to me and eventually gifted me with a beautiful soulmate—inside and out. We work together with our team at Chateau Mcely, following our dream, doing our best to make this a better world.

To think I did all that, and may I say not in a shy way.
Oh no, oh no, not me, I did it my way.

As I look back over the years and contemplate my journey, I’m deeply grateful for those special people I met along the way, compassionate Giants who helped me, who cared for me, who loved me, who helped me trust my inner voice.

For what is a man, what has he got, If not himself then he has not. To say the things he truly feels, and not the words of one who kneels. The record shows I took the blows,
And did it my way.

Those lyrics have inspired me for more than four decades, even through my darkest hours.

I believe when that final moment knocks on my door, it won’t be about the money I made or the “toys” I amassed, and it won’t be about the awards or festive celebrations. It will be, “Did you make a difference? Did you put at least a small dent in the universe? Did you show compassion, love and understanding to those you met along the way? Did you follow your heart, your soul, that inner voice that is the true you? Did you show your gratitude to the Giants who inspired you throughout your journey?” I hope to respond with a resounding “yes,” and four final words . . .

It was My Way!
Sat, Chit, Ananda!
Enjoy your journey, make a difference!

James A. Cusumano, PhD
Chairman of Chateau Mcely