SOCIAL SCIENCES

The Patrón Way: From Fantasy to Fortune—Lessons on Taking Any Business from Idea to Iconic Brand; The Untold Inside Story of the World's Most Successful Tequila

McGraw-Hill. 2013. 256p. ISBN 9780071817646. $25. BUS
COPY ISBN
Formerly known as "Mrs. Patrón," Edelstein (founder, IE Financial Services) recounts how she helped Martin Crowley (and his partner, John Paul DeJoria, the owner of John Paul Mitchell Systems) to grow Patrón tequila into an unstoppable luxury brand. At the same time, she was Crowley's partner in love, and much of this business memoir relates that story, in addition to anecdotes about the couple's obsessive attention to the details of Patrón's production and marketing. Sadly, the story didn't end well—Crowley's and Edelstein's relationship failed, partly because of their unmarried status and an unsuccessful lawsuit, and she was cut off with no restitution. Prior to her involvement with Crowley and the invention of Patrón, Edelstein worked as a financial advisor. Although business lessons echoing "know who the true tastemakers are, and use them wisely" are sprinkled throughout the book and its brief appendix, most readers will appreciate the informal "tell-all" style that reveals an emphasis on doing some paperwork to cement their role in any business they help grow.
VERDICT This is marketed as a business how-to for launching and growing luxury brands, but it may function better as a cautionary tale for those who haphazardly blend their personal and business lives.
Comment Policy:
  • Be respectful, and do not attack the author, people mentioned in the article, or other commenters. Take on the idea, not the messenger.
  • Don't use obscene, profane, or vulgar language.
  • Stay on point. Comments that stray from the topic at hand may be deleted.
  • Comments may be republished in print, online, or other forms of media.
  • If you see something objectionable, please let us know. Once a comment has been flagged, a staff member will investigate.


RELATED 

ALREADY A SUBSCRIBER?

We are currently offering this content for free. Sign up now to activate your personal profile, where you can save articles for future viewing

ALREADY A SUBSCRIBER?