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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them

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The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.

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THE TYCOON PLAYBOOK – How Business Empires Are Built

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The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.

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CNN Financial News

Jobless claims lowest since 2000, but...Very few Americans filed for unemployment last week. [...]

Middle class families are on financial thin iceThe typical middle-class American family is not prepared for a major financial shock. [...]

Taco Bell: Emoji unfairly biased towards hamburger and pizza lovers"Why do pizza and hamburger lovers get an emoji but taco lovers don't?" Taco Bell ask [...]

Cost keeps uninsured from enrolling in ObamacareMany Americans who likely qualified for financial help on the Obamacare exchanges opted to remain un [...]

Comcast changes customer name to A-hole on billComcast is notorious for poor customer service, but this latest blunder might be a new low. [...]

Nickelodeon to launch direct-to-consumer serviceNickelodeon, the hugely popular kid's cable channel, is starting a subscription service to offe [...]

The growing poverty problem in America's schoolsThe majority of children in America's public schools now are low-income. And that has major imp [...]

Greece: Putin's new ally in Europe?After just days in office, Greece's new government has begun wrestling with Europe, while inchi [...]

Oil giant Shell cuts spending by $15 billionRead full story for latest details. [...]

Ford promises bounce back yearFord Motor reported a sharp drop in profits at the end of last year but predicted better times are a [...]

Why I choose non-monogamyRead full story for latest details. [...]

Close Sesame! Alibaba plunges as sales missRead full story for latest details. [...]

 

CNN Small Business News

How to skip the pre-blizzard frenzy in storesOn demand delivery startup WunWun is expecting its order volume to double by the time they close up [...]

Hashtag #money. The business of the pound signFirst introduced in 2007 as way of sifting through Twitter's newsfeed, the hashtag has since sp [...]

Hershey lawsuit angers fans of British chocolate in U.S.Hershey has forced an importer to stop selling proper British chocolates in the United States, anger [...]

Blue collar entrepreneursThese five entrepreneurs took their blue collar experience and parlayed it into entrepreneurial vent [...]

Gaza accelerator gets support from Silicon ValleyRead full story for latest details. [...]

Self-service beer taps coming your wayHate waiting for a cold beer refill? Startup PourMyBeer has a solution -- self-service beer walls an [...]

Uncle Si's Iced Tea maker sues Duck CommanderChinook USA blames 'Duck Dynasty' family for its bankruptcy filing. [...]

Forget actors -- L.A. is full of wannabe Zucks2014 was a banner year for Los Angeles' tech ecosystem. Startups raked in over $3 billion in fu [...]

Uber partners with Boston on traffic dataUber announced a first-of-its-kind partnership to provide ride data to the city of Boston. Don' [...]

Indian startup pays $50 million to compete with YelpZomato acquires IAC-owned Urbanspoon, giving it a major foothold in the U.S. and Australian marketpl [...]

People are more likely to open their wallets on this dayKickstarter reveals its 2014 data from a banner year in crowdfunding projects. [...]

Foie gras ban overturned in CaliforniaFederal judge in L.A. sides with foie gras producers. [...]

 

CNN Money News

Average 401(k) balance hits record $91,300401(k) balances reached a record high last year, thanks to a soaring stock market and larger contrib [...]

Top-paying jobsOrthopedic surgeons take home a median $410,000 in salary and bonus annually. What other great caree [...]

Millions to owe Obamacare tax penaltyUp to 6 million uninsured Americans will owe an Obamacare penalty. [...]

IRS to tax cheats: Stop hiding your money offshoreThe IRS said it has carried out thousands of audits of offshore schemes and pursued criminal charges [...]

5 questions to ask a financial adviser before hiring oneTo find a financial adviser who's skilled and trustworthy and not an outright charlatan who jus [...]

Best Jobs in AmericaCNNMoney/PayScale's top 100 careers with big growth, great pay and satisfying work. [...]

IRS warns of shady tax preparers stealing refundsRead full story for latest details. [...]

What we really need to be better off financiallyRead full story for latest details. [...]

Home prices grow at slower paceThe Case-Shiller index of home prices in major U.S. cities shows a continued slowdown, raising conce [...]

Boomerang home buyers are coming backMillions of Americans who lost their homes in the recession may become eligible to buy a new home be [...]

ID thieves stealing tax refunds still a big problem, IRS saysIdentity thieves are stealing people's Social Security numbers and other key pieces of personal [...]

Living your dream retirement? Tell us about itAre you living your dream retirement? If so, we want to hear how you were able to get there -- wheth [...]

 

Fortune Magazine

Will Mmmhops be a hit?Hanson is attempting to chart with a new microbrew. [...]

NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve BallmerDonald Sterling sues the NBA for damages and demands to be reinstated as owner. [...]

FBI and SEC probe into Carl Icahn and golfer Phil MickelsonAuthorities are looking into the potenial insider trading. [...]

Google launches "right to be forgotten" service in EuropeNow European citizens can request to have search results removed. [...]

Zuckerberg's latest donation reawakens concerns over mixed results in NewarkFacebook founder and his wife donate $120 million to Bay Area schools, claim to have learned from pr [...]

Five crazy things Steve Ballmer has doneIn light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of [...]

Four ways Apple could have the "best" product pipeline everFrom the obvious upgrades to the bold and daring. [...]

The all-time most popular stories are...Scoops on movers and shakers, from Marissa Mayer to Mark Zuckerberg to Rupert Murdoch, are the most [...]

Web browsers aren't fun anymoreMozilla updates Firefox, but is it enough to bring old users back? [...]

Valeant injects more cash into bid for Botox-maker AllerganRevised offer worth around $53 billion comes days after drugmaker's last bid. [...]

How to get employees to save for retirementAutomatically enrolling workers into a savings plan and reminding them how much they can lose may ju [...]

Pacing nervously with... Jamin Warren, founder and CEO, Kill ScreenHanging backstage with the videogame arts and culture impresario ahead of his annual two5six confere [...]

 

Reuters Business News

DETROIT (Reuters) - Ford Motor Co on Thursday said it would keep relying on North America for its pr [...]

HOUSTON (Reuters) - ConocoPhillips and Occidental Petroleum Corp on Thursday slashed exploration spe [...]

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits tumbled l [...]

(Reuters) - Growth-hungry investors are lining up for shares of burger chain Shake Shack , which pla [...]

LONDON (Reuters) - Standard Chartered's board will discuss succession planning at a meeting in [...]

BEIJING/SHANGHAI (Reuters) - Alibaba Group Holding Ltd's shares fell more than 10 percent early [...]

(Reuters) - Campbell Soup Co said it would reorganize its business into product divisions, instead o [...]

 

Reuters Economy News

CARACAS (Reuters) - Venezuela confirmed on Tuesday it had entered a recession while inflation remain [...]

WASHINGTON (Reuters) - The Obama administration on Tuesday bowed to months of growing pressure over [...]

NEW YORK (Reuters) - Investors backed away from global equity markets on Tuesday, with light volume [...]

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major [...]

NEW YORK (Reuters) - Crude futures closed up slightly Tuesday, getting some relief from a weak dolla [...]

 

Reuters Business Video

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Bill Gates

 
  • Business Ideas: My Favourite 5 Gutsiest Entrepreneur Launches of All Time

    Business Ideas: My Favourite 5 Gutsiest Entrepreneur Launches of All Time

    Business Ideas: My Favourite 5 Gutsiest Entrepreneur Launches of All Time     Gutsiest Entrepreneur Launch #5: Dana White Saves the UFC White agreed and put his business on the line. The show became a huge success which ended with Forrest Griffin and Stephan Bonnar fighting for a six-figure contract. White credits the show for saving the UFC and continued airing new seasons of The Ultimate Fighter to expand the awareness and popularity of his company.   Gutsiest Entrepreneur Launch #4 – Philip Knight signs Michael Jordan:   The Air Jordan became the most valuable footwear franchise in Nike’s history. It was so popular that launch dates had to be postponed to weekends so kids wouldn’t be tempted to skip school to get their hands on the latest Air Jordan. The move took Nike from being a running shoe company with no exposure to the basketball market to now owning as much as 85% of the basketball shoe market.   Gutsiest Entrepreneur Launch #3: Bill Gates Pitches a Product that Doesn’t Exist     Bill Gates and long time friend Paul Allen turned their passion for programming into a business when they saw a picture of the Altair 8080 on the cover of Popular Electronics. Gates called Micro Instrumentation and Telemetry Systems (MITS), the company that was manufacturing the Altair, and told them that he and Allen had developed a programming language for the computer that was ready to launch.   With not a single line of code written and no Altair to work on, Gates and Allen worked around the clock on Harvard computers to do what they said they had already done. Eight weeks later, Allen flew to MITS headquarters in New Mexico to present their code. Without even a test-run, their program was a success and MITS bought the rights, making it an industry standard. Within one year, Gates had dropped out of Harvard and the two high school friends established Microsoft Corporation.   Gutsiest Entrepreneur Launch #2: Richard Branson Drives a Tank into Times Square   To launch Virgin Cola he rode into Times Square in New York City on top of a tank, promising to battle with Coke and Pepsi. To launch Virgin Mobile in Canada he repelled into the heart of Yonge-Dundas square. Branson has also made several world record-breaking attempts. With “Virgin Atlantic Challenger” and “Virgin Atlantic Challenger II” he raced to have the fastest Atlantic Ocean crossing. In “Virgin Atlantic Flyer” he created the world’s largest hot air balloon and was the first to cross the Atlantic in a balloon. He then tried to become the first person to go around the world in a hot air balloon.   Branson is always thinking of new ways to launch and promote his businesses – the more high profile, the better. Even when his stunts don’t work out they garner so much attention for his businesses that it’s all worth it for him.   Gutsiest Entrepreneur Launch #1: P.T. Barnum Puts on a Show   Even […]

     
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  • Warren Buffett & Bill Gates on Measuring Performance – Lugen Family Office

    Warren Buffett & Bill Gates on Measuring Performance – Lugen Family Office

    Warren Buffett & Bill Gates on Measuring Performance, Wealth, Billionaires, Financial Crisis   Performance measurement is the process of collecting, analyzing and/or reporting information regarding the performance of an individual, group, organization, system or component. It can involve studying processes/strategies within organizations, or studying engineering processes/parameters/phenomena, to see whether output are in line with what was intended or should have been achieved.   Performance measurement has been defined by Neely[1] as “the process of quantifying the efficiency and effectiveness of past actions”, while Moullin[2] defines it as “the process of evaluating how well organisations are managed and the value they deliver for customers and other stakeholders”. Discussion on the relative merits of these definitions appeared in several articles in the newsletter of the Performance Management Association.[3]   Wikipedia – Performance Measurement   The wealth effect is an economic term, referring to an increase (decrease) in spending that accompanies an increase (decrease) in perceived wealth.   The effect would cause changes in the amounts and distribution of consumer consumption caused by changes in consumer wealth. People should spend more when one of two things is true: when people actually are richer, objectively, or when people perceive themselves to be richer—for example, the assessed value of their home increases, or a stock they own goes up in price.   Demand for some goods (especially Inferior goods) typically decreases with increasing wealth. For example, consider consumption of cheap fast food versus steak. As someone becomes wealthier, their demand for cheap fast food is likely to decrease, and their demand for more expensive steak may increase.   Consumption may be tied to relative wealth. Particularly when supply is highly inelastic – or in the case of monopoly – one’s ability to purchase a good may be highly related to one’s relative wealth in the economy. Consider for example the cost of real estate in a city with high average wealth (for example New York or London), in comparison to a city with a low average wealth. Supply is fairly inelastic, so if a helicopter drop (or gold rush) were to suddenly create large amounts of wealth in the low wealth city, those who did not receive this new wealth would rapidly find themselves crowded out of such markets, and materially worse off in terms of their ability to consume/purchase real estate (despite having participated in a weak Pareto improvement). In such situations, one cannot dismiss the relative effect of wealth on demand and supply, and cannot assume that these are static. (see also General equilibrium).   However, according to David Backus, an NYU economist, the wealth effect is not observable in economic data, at least in regards to increases or decreases in home or stock equity.[2] For example, while the stock market boom in the late 1990s (q.v. dot-com bubble) increased the wealth of Americans, it did not produce a significant change in consumption, and after the crash, consumption did not decrease.[2]   Economist Dean Baker disagrees and says that “housing wealth effect” is […]

     
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  • Bill Gates On His New Idea: Catalytic Giving

    Bill Gates On His New Idea: Catalytic Giving

    Bill Gates On His New Idea: Catalytic Giving      

     
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  • Bill Gates Biography

    Bill Gates Biography

    Bill Gates Biography     Bill Gates Biography. Documentary on the legendary Bill Gates – founder of Microsoft, one of the most powerful and richest companies in the world.   William Henry “Bill” Gates III (born October 28, 1955) is an American business magnate, investor, programmer, inventor and philanthropist. Gates is the former chief executive and current chairman of Microsoft, the world’s largest personal-computer software company, which he co-founded with Paul Allen.   He is consistently ranked among the world’s wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third; in 2011 he was the wealthiest American and the second wealthiest person. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder, with 6.4 percent of the common stock. He has also authored and co-authored several books.   Gates is one of the best-known entrepreneurs of the personal computer revolution. Gates has been criticized for his business tactics, which have been considered anti-competitive, an opinion which has in some cases been upheld by the courts. In the later stages of his career, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000. Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work, and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect, and Craig Mundie, chief research and strategy officer. Gates’s last full-time day at Microsoft was June 27, 2008. He remains at Microsoft as non-executive chairman.  

     
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  • Advice From Bill Gates And Bono On How To Be A Rock Star Philanthropist

    Advice From Bill Gates And Bono On How To Be A Rock Star Philanthropist

    Advice From Bill Gates And Bono On How To Be A Rock Star Philanthropist     From the Forbes 400 Philanthropy Summit 2013: Two of the planet’s most influential people explain how together they’re finding solutions to the world’s biggest problems.

     
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  • A Q&A Audience With Bill Gates

    A Q&A Audience With Bill Gates

    A Q&A Audience With Bill Gates     Bill Gates, Microsoft founder and co-chair of the Bill & Melinda Gates Foundation, joins ABC’s Q&A to face questions from the audience. He answers across a range of topics including global health, corporate tax evasion, robot warfare, philanthropy and social media.  

     
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  • Bill Gates Speech at Harvard University

    Bill Gates Speech at Harvard University

    Bill Gates Speech at Harvard University     Be inspired by Bill Gates – the most successful and the richest dropout in the world!

     
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  • Bill Gates Aspirational Entrepreneur

    Bill Gates Aspirational Entrepreneur

    Bill Gates Aspirational Entrepreneur     Shenandoah University Mind of the Entrepreneur final project  

     
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  • Bill Gates on GM foods, vaccines and Monsanto Nwo Puppet

     
  • Bill Gates: GDP growth isn’t everything

     
  • Bill Gates on Expertise: 10,000 Hours and a Lifetime of Fanaticism

     
  • Bill Gates on energy: Innovating to zero!

     
  • Bill Gates: How to Fix Capitalism

     
  • Building a United States of Success | Bill & Melinda Gates Foundation

     
  • Melinda Gates on the Importance of Evaluations in Teaching

     
  • Melinda Gates: What nonprofits can learn from Coca-Cola

     
  • Bill Gates – Impatient Optimist

     
  • Billionaires on Forbes’ Magazine Cover are Worth 126 Billion Dollars

     
  • Bill Gates talking about Warren Buffett

     
  • Bill Gates: Mosquitos, malaria and education

     
  • Bill Gates Biography – BBC Documentary

     
 
 
 

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