  {"id":9989,"date":"2016-09-19T00:21:11","date_gmt":"2016-09-19T05:21:11","guid":{"rendered":"http:\/\/www.latenightim.com\/?p=9989"},"modified":"2026-04-03T01:43:25","modified_gmt":"2026-04-03T06:43:25","slug":"lnim104-transcript-10-commandments-small-business","status":"publish","type":"post","link":"https:\/\/www.latenightim.com\/lnim104-transcript-10-commandments-small-business\/","title":{"rendered":"LNIM104 Transcript: The 10 Commandments of Small Business"},"content":{"rendered":"<p>What can a hip-hop musical about Alexander Hamilton teach you about running a small business? More than you might think. In this transcript, Mark draws 10 business commandments from Hamilton: An American Musical, connecting each lesson to practical advice for solo entrepreneurs.<\/p>\n<h2>What You'll Learn in This Episode<\/h2>\n<ul>\n<li>Ten business principles drawn from Hamilton: An American Musical<\/li>\n<li>Why believing in your unlimited potential matters for entrepreneurship<\/li>\n<li>The importance of surrounding yourself with like-minded people<\/li>\n<li>Why patience and integrity are non-negotiable in business<\/li>\n<li>How to be a good boss to yourself as a solo entrepreneur<\/li>\n<li>A brief introduction to copyright and fair use in content creation<\/li>\n<\/ul>\n<h2>Episode Summary<\/h2>\n<p>Mark uses Hamilton: An American Musical as the framework for 10 business commandments applicable to solo entrepreneurs and part-time business builders.<\/p>\n<p><strong>1. You have unlimited potential.<\/strong> There are a million things you have not done yet in your business. Focus on what you can contribute rather than wondering if you have enough to offer.<\/p>\n<p><strong>2. Do not waste your talent.<\/strong> Take massive action. Do not throw away your shot. If you get knocked down, get back up and try again. The worst outcome is failing to try.<\/p>\n<p><strong>3. Surround yourself with like-minded people.<\/strong> Mastermind groups and communities of people who want to see you succeed make an enormous difference. Mark credits his Greenroom Mastermind for keeping him on track.<\/p>\n<p><strong>4. Ignore the detractors.<\/strong> Shut out negative people and naysayers. Stay close to those who have your interest at heart.<\/p>\n<p><strong>5. Enjoy the journey.<\/strong> Know why you are doing what you are doing. Without that clarity, you will eventually lose motivation when things get hard. Chasing vague success without understanding your purpose is a recipe for dissatisfaction.<\/p>\n<p><strong>6. Be patient.<\/strong> There is no such thing as overnight success. Building a business takes time, and expecting instant results leads to quitting too early.<\/p>\n<p><strong>7. Act with integrity.<\/strong> Do what you say you will do. History has its eyes on you. Mark candidly admits that his own inconsistent podcast schedule has been an integrity issue that affected audience trust.<\/p>\n<p><strong>8. Dream big.<\/strong> Anything is literally possible. If patience and integrity are your foundation, you can accomplish truly remarkable things over time.<\/p>\n<p><strong>9. Be a good boss to yourself.<\/strong> Working for yourself may mean having the worst boss you have ever had. Be reasonable with your expectations and workload. Making every decision yourself is harder than it looks.<\/p>\n<p><strong>10. Hustle.<\/strong> Work smart and work hard. A strong work ethic is one of the greatest accelerators for business success.<\/p>\n<p>Mark closes by acknowledging his use of Hamilton clips under fair use principles and previews a deeper discussion of copyright law in the next episode.<\/p>\n<h2>Key Takeaways<\/h2>\n<ul>\n<li>You have unlimited potential. The barrier to starting is not ability, it is action.<\/li>\n<li>Surround yourself with supportive people and ignore naysayers<\/li>\n<li>Patience and integrity are the foundation of sustainable business success<\/li>\n<li>Know your &#8220;why&#8221; or you will lose motivation when things get difficult<\/li>\n<li>Be a reasonable boss to yourself. Working 150 hours a week is not sustainable.<\/li>\n<li>Hustle means working smart and hard, not just putting in hours<\/li>\n<\/ul>\n<h2>What's Changed Since This Episode<\/h2>\n<p>Mark recorded this in September 2016, shortly after Hamilton became a cultural phenomenon. The business principles are timeless.<\/p>\n<p><strong>Hamilton's cultural impact has only grown.<\/strong> The Disney+ film release in 2020 brought the musical to a global audience far beyond Broadway. The themes of ambition, legacy, and perseverance continue to resonate with entrepreneurs.<\/p>\n<p><strong>The mastermind group concept has gone mainstream.<\/strong> In 2016, masterminds were common in the internet marketing community but less well known elsewhere. By 2026, mastermind groups, accountability partnerships, and peer advisory boards have become standard practice across industries. Platforms like Circle and Skool have made it easier to create and manage community-based accountability groups.<\/p>\n<p><strong>The &#8220;hustle culture&#8221; conversation has matured.<\/strong> Gary Vaynerchuk's hustle message, which Mark references throughout this period, has been moderated by a broader conversation about burnout, boundaries, and sustainable productivity. The 2026 consensus is closer to &#8220;work smart, work focused, and protect your energy&#8221; rather than &#8220;grind 24\/7.&#8221; Commandment 9, being a good boss to yourself, has become even more important.<\/p>\n<p><strong>Creator economy tools have lowered barriers to action.<\/strong> The gap between having potential (Commandment 1) and taking action (Commandment 2) has narrowed thanks to AI writing tools, no-code website builders, and streamlined content platforms. There are fewer excuses for not starting.<\/p>\n<h2>Resources Mentioned<\/h2>\n<ul>\n<li><a href=\"https:\/\/hamiltonmusical.com\/\">Hamilton: An American Musical<\/a> &mdash; the Broadway show<\/li>\n<li><a href=\"https:\/\/www.latenightim.com\/internet-marketing-podcast\/\">LNIM Podcast<\/a><\/li>\n<\/ul>\n<h2>Related Episodes<\/h2>\n<p>If you found this episode helpful, you might also enjoy:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.latenightim.com\/get-back-on-track\/\">LNIM105 &mdash; How To Get Back On Track<\/a><\/li>\n<li><a href=\"https:\/\/www.latenightim.com\/affiliate-marketing-copyright-law-lnim106\/\">LNIM106 &mdash; Affiliate Marketing Copyright Law<\/a><\/li>\n<li><a href=\"https:\/\/www.latenightim.com\/finish-year-strong\/\">LNIM107 &mdash; How To Finish The Year Strong<\/a><\/li>\n<\/ul>\n<h2>Listen and Subscribe<\/h2>\n<p>Listen to Late Night Internet Marketing on <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/late-night-internet-marketing-mark-mason-affiliate\/id323964382\">Apple Podcasts<\/a> or subscribe at <a href=\"https:\/\/www.latenightim.com\/internet-marketing-podcast\/\">latenightim.com\/internet-marketing-podcast\/<\/a>. Have a question for Mark? Call the digital recorder at 214-444-8655 or drop a comment below.<\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"PodcastEpisode\",\n  \"name\": \"LNIM104 Transcript: The 10 Commandments of Small Business\",\n  \"url\": \"https:\/\/www.latenightim.com\/lnim104-transcript-10-commandments-small-business\/\",\n  \"datePublished\": \"2016-09-19T00:21:11\",\n  \"dateModified\": \"2026-04-03\",\n  \"description\": \"Mark Mason draws 10 business commandments from Hamilton: An American Musical, covering patience, integrity, hustle, and practical lessons for solo entrepreneurs.\",\n  \"author\": {\n    \"@type\": \"Person\",\n    \"name\": \"Mark Mason\",\n    \"url\": \"https:\/\/www.latenightim.com\/about\/\",\n    \"jobTitle\": \"Host, Late Night Internet Marketing Podcast\",\n    \"description\": \"Mark Mason helps part-time entrepreneurs build internet businesses one night at a time. 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What You&#8217;ll Learn in This Episode Ten business principles drawn from Hamilton: An [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":26759,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"small business commandments","_yoast_wpseo_title":"The 10 Commandments of Small Business (Inspired by Hamilton) | LNIM104 Transcript","_yoast_wpseo_metadesc":"Mark Mason draws 10 business commandments from Hamilton: An American Musical, covering patience, integrity, hustle, and practical lessons for solo entrepreneurs.","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[54],"tags":[],"class_list":["post-9989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet-marketing-podcast-transcripts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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