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

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“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo

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Center for Family Conversations

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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

Can these guys find the next Waze?Israel is known for its robust startup scene. But it's hard for U.S. investors to sift through [...]

Microsoft's risky bet on HoloLensRead full story for latest details. [...]

America's capsizing economy: Can it right the ship?Read full story for latest details. [...]

Berkshire's Charlie Munger on Baltimore: 'I've seen a lot of riots'Billionaire Charlie Munger was raised in Omaha. But he's lived in Los Angeles for decades. [...]

Dave Goldberg, husband of Facebook exec Sheryl Sandberg, dies suddenlySilicon Valley entrepreneur Dave Goldberg, the husband of Sheryl Sandberg and CEO of SurveyMonkey, d [...]

Move over, Manny. Buffett wants to fight MayweatherLet's get ready to rumble! With Warren Buffett? [...]

Buffett grilled over predatory lending, layoffs and obesityRead full story for latest details. [...]

Meet the other Oracle of OmahaRead full story for latest details. [...]

Buffett fans splurge on ice cream, ketchup and brasRead full story for latest details. [...]

Friday LinksRead full story for latest details. [...]

Betting 'unprecedented' on Mayweather-Pacquiao fightMore money is expected to be wagered on the Mayweather vs. Pacquiao showdown than on any other fight [...]

Apple: Yup. Tattoos can stop Apple Watches from workingApple confirmed Friday that tattoos can in fact prevent the Apple Watch from working properly. [...]

 

CNN Small Business News

Can these guys find the next Waze?A new accelerator, ICONYC Labs, is finding hot new Israeli startups to participate in its six-month [...]

Doing business 100 feet undergroundLimestone mines in the Midwest have been rehabilitated into commercial spaces with two big selling p [...]

$7.8 million to help college students find jobsRead full story for latest details. [...]

ClassPass: We're a friend, not a foe, to fitness studiosThe alternative gym membership startup is on track to pay out $100 million to small businesses in 20 [...]

Free rent: 7 World Trade Center opens doors to startupsRead full story for latest details. [...]

Slack cofounder: I'm an old-time telegraph operatorStewart Butterfield sold Flickr to Yahoo in 2005. Today, he helms Slack, valued at $2.8 billion. [...]

Taco-flavored soda -- and 443,000 other drink combosFlavorman's 35-person lab in Louisville, Ky., has developed flavors for clients including Jones [...]

This startup could help thwart school bombingsRead full story for latest details. [...]

GoFundMe shuts down crowdfunding for anti-gay bakeryAn Oregon bakery that refused to bake a cake for a lesbian couple's wedding had its crowdfundin [...]

Want to keep employees happy? Give them a quizRead full story for latest details. [...]

Small businesses selling crazy luxury items to the super richTake a look at some of the most outrageous items being marketed to the top 1% in Monaco, including a [...]

She mines popular memes for millionsRead full story for latest details. [...]

 

CNN Money News

Violence on the job, suicides and immigrant deaths on the riseMost victims of workplace violence are women. Immigrants and Latinos are most likely to suffer fatal [...]

These are the most pet-friendly rental marketsPet owners' search for a rental unit can be tough, especially those with big dogs. [...]

The death of the 40-hour workweekA 40-hour workweek has been the U.S. standard for full-time work for decades. On paper anyway. But i [...]

Are you more likely to tip if everyone knows you did?Read full story for latest details. [...]

What do employees want most? R-E-S-P-E-C-TPay and benefits are obviously important to everyone who works. But they're not the No. 1 facto [...]

Don't give in to bond market hysteriaBonds should be part of a long-term investing strategy. But trying to time the bond market makes abo [...]

How to negotiate like a Wall Street bankerYou might not love bankers, but you can learn from their deal making tricks when it comes to negotia [...]

Poor kids, rich schoolsRead full story for latest details. [...]

Aid for Nepal may quintuple, but won't be enoughRead full story for latest details. [...]

The 4-day workweek is real ... for employees at these companiesRead full story for latest details. [...]

Obamacare took $729 bite out of tax refunds - H&R BlockA majority of H&R Block clients who had received federal help to pay for their health insurance [...]

Home buyers in these markets have the upper handRead full story for latest details. [...]

 

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

ZURICH (Reuters) - Swiss bank UBS could combine its investment banking arm with that of Credit Suiss [...]

HONG KONG (Reuters) - Fosun International Ltd , an investment company controlled by Chinese billiona [...]

LOS ANGELES (Reuters) - McDonald's new Chief Executive Steve Easterbrook is set to unveil his p [...]

DETROIT (Reuters) - Detroit's automakers, on track for their best sales year since 2006, may wa [...]

LONDON (Reuters) - In 1990, an assessment called Project Rainbow paved the way for HSBC to move from [...]

MADRID (Reuters) - Herve Falciani, a former HSBC employee who leaked information on the bank's [...]

OMAHA, Neb. (Reuters) - Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett [...]

 

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 [...]

 
 

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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Celebrity Net Worth

Michael Buffer should be everyone's idol. Anyone who can turn five little words into $400 milli [...]

Back in 2006, Floyd Mayweather took a very big gamble with his future. It paid off and enabled him t [...]

$400 million will be generated in a few hours when Floyd Mayweather and Manny Pacquiao face off tomo [...]

Floyd Mayweather and Manny Pacquiao will FINALLY face off on May 2nd 2015. Let's take a look at [...]

Serafim Todorov is the last guy who beat Floyd Mayweather in a boxing match. Unforatunately, Serafim [...]

On Saturday, 50 cent stands to make a whole lot of money of his former friend Floyd Mayweather. And [...]

Floyd Mayweather recently gave ESPN a tour of his incredible car collection. A collection that inclu [...]

Hollywood's comedy power couple just sold the 15,000-square-foot property in an off-market deal [...]

Maria das Gracas Foster began life in on of Rio de Janeiro's most notoriously dangerous favelas [...]

The new McLaren P1 GTR actually comes with its own pit crew and has incredible horsepower. Then agai [...]

 

Reuters Wealth News

(Reuters) - Futures market trading data should be part of a new audit trail that is being developed [...]

NEW YORK (Reuters) - Exchange-traded funds that bet against the U.S. Treasuries market enjoyed their [...]

NEW YORK (Reuters) - DoubleLine Funds, whose co-founder Jeffrey Gundlach is widely followed for his [...]

OMAHA, Neb. (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter pr [...]

OMAHA, Neb. (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter pr [...]

(Reuters) - Futures market trading data should be part of a new audit trail that is being developed [...]

NEW YORK (Reuters) - Exchange-traded funds that bet against the U.S. Treasuries market enjoyed their [...]

NEW YORK (Reuters) - DoubleLine Funds, whose co-founder Jeffrey Gundlach is widely followed for his [...]

WASHINGTON (Reuters) - A leading Wall Street regulator on Friday voiced concerns over the U.S. Labor [...]

(The writer is a Reuters columnist. The opinions expressed are her own.) [...]

 

MarketWatch Personal Finance

Warren Buffett has taken to singling out a book or two (and occasionally more) in his annual letter [...]

Investors listen to his advice but fail to own a piece of Berkshire Hathaway, says Michael Brush. [...]

Giddy Berkshire Hathaway shareholders buy everything from Warren Buffett-themed rubber ducks to frac [...]

Where does Warren Buffett’s love for bridge take him? [...]

Sixty years after its introduction at the Paris Auto Show, the futuristic, perfectly Gallic Citroën [...]

Want to make a lot of money? Check out these schools. [...]

MarketWatch rounded up recommendations from four prominent robo advisers and four human ones for a h [...]

Here’s a quiz to determine whether you can tell whether a portfolio was recommended by a robo advise [...]

 

Reuters Business Video

Berkshire Hathaway shareholders on Saturday celebrated Warren Buffett's 50th anniversary runnin [...]

Berkshire Hathaway shareholders recall their favorite pearls of wisdom from the very quotable Warren [...]

Berkshire Hathaway's annual meeting in Omaha, which is expected to draw more than 40,000 shareh [...]

 
 
 
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