Subscribe to LFO' s Blog
unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them
“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
Center for Family Conversations
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.
THE TYCOON PLAYBOOK – How Business Empires Are Built
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.
CNN Financial News
Cadillac's new CT6 full-sized flagship sedan, unveiled Tuesday night before the New York Intern [...]
Walmart's CEO is standing up against a religious freedom law that just landed on the governor [...]
It's a 17-year-old kid against a $35 billion company. [...]
Dawn Thompson racked up $155,000 in student loans for a Corinthian College degree that proved worthl [...]
Lufthansa's insurers are putting aside $300 million to cover the costs of last week's fata [...]
Poor families plan to spend more than 5% of their income on prom this year, according to a new surve [...]
Richard Branson got a jump on April Fool's day with a characteristically over-the-top prank. [...]
Labor activists announced plans Tuesday to hold what they're calling the largest-ever strike by [...]
A judge hearing a dispute between Robin Williams' widow and his adult children has told them to [...]
The stock market is ending the first quarter pretty much where it began the year. But it's hard [...]
CNN Small Business News
Meet Luna, the tech-enabled mattress cover that just raised over $1.1 million on Indiegogo. [...]
There are over 125,000 search-and-rescue missions for Alzheimer's patients every year. This tec [...]
Live streaming startup Meerkat announced via livestream that it raised $14 million in funding from i [...]
Periscope, acquired by Twitter in January, lets users live broadcast from their mobile devices. [...]
Here's a roundup of where some powerful Silicon Valley investors stand. [...]
Y Combinator president Sam Altman says there's no bubble -- that companies like Uber, Dropbox a [...]
These startups are working to leverage technology to level the playing field for minorities and wome [...]
Startup hub American Underground is aggressively courting women- and minority-led startups. [...]
An app released this month lets you send messages, pictures, videos and voicemails to friends and fa [...]
CNN Money News
Read full story for latest details. [...]
The IRS has paid out more than $191 billion in refunds so far this tax season to 66.1 million filers [...]
Lots of attention is paid to college graduation rates of lower-income students, but many middle-clas [...]
Payday loans come with interest rates of 100% or higher. The government wants to crack down. [...]
If you're one of the lucky few for whom college won't break the bank, or even make a dent [...]
It was "slacker" and embarrassing for Generation X, but living with parents is acceptable [...]
With more immediate concerns like launching a career, repaying school loans and establishing credit, [...]
Read full story for latest details. [...]
Donald Sterling sues the NBA for damages and demands to be reinstated as owner. [...]
Authorities are looking into the potenial insider trading. [...]
Now European citizens can request to have search results removed. [...]
Facebook founder and his wife donate $120 million to Bay Area schools, claim to have learned from pr [...]
In light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of [...]
From the obvious upgrades to the bold and daring. [...]
Scoops on movers and shakers, from Marissa Mayer to Mark Zuckerberg to Rupert Murdoch, are the most [...]
Mozilla updates Firefox, but is it enough to bring old users back? [...]
Revised offer worth around $53 billion comes days after drugmaker's last bid. [...]
Automatically enrolling workers into a savings plan and reminding them how much they can lose may ju [...]
Hanging backstage with the videogame arts and culture impresario ahead of his annual two5six confere [...]
Reuters Business News
TOKYO (Reuters) - Asian stocks sagged on Wednesday, taking their lead from weaker U.S. shares, while [...]
BEIJING (Reuters) - Surveys of China's manufacturing and services sectors showed persistent wea [...]
SINGAPORE (Reuters) - Oil futures edged lower on Wednesday amid speculation that a last-minute deal [...]
(Reuters) - A court in Buffalo, New York, dismissed a petition on Monday filed by New York state, al [...]
NEW YORK (Reuters) - Former Fannie Mae CEO Daniel Mudd testified on Tuesday in a $1 billion civil tr [...]
(Reuters) - Web hosting company GoDaddy Inc has priced its initial public offering at $20 per share, [...]
NEW YORK (Reuters) - U.S. stocks fell on Tuesday as energy and healthcare shares retreated, but the [...]
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
Stocks closed out the first quarter of the year with mixed results but the Nasdaq powered ahead with [...]
Reuters has learned exclusively that Cablevision will make a $1 offer for the New York Daily News. B [...]
Macquarie Securities' cable and satellite analyst Amy Yong says Cablevision actually has a lot [...]
Post Tagged with: "Chief executive officer"
Leadership in Startups with Andy Fleming “I would have to say that there is this old image of the leader being visionary, a storyteller kind of person. I would say now that the leader is a truth seeker.” — Andy Fleming, Founding Partner at Core Growth Partners, LLC 11 national championships (’62, ’64, ’65, ’67, ’68, ’69, ’70, ’71, ’72, ’73, ’74, ’75), a winning percentage of .804 (664-162), and four perfect seasons (30-0). The man behind the numbers in this coach is legendary UCLA basketball coach and leader, John Wooden. Basketball and startups are team sports. Both require leaders to operate efficiently and both need leaders to perform even when they have flu-like symtoms. Leadership in startups takes a lot of hard-work, constant learning, and a unique ability to adapt to change. Earlier this month Scott Henderson sat down with three seasoned startup leaders to discuss the topic of leadership in startups.
/ Business Succession, Children, Communication, Dynasties, Education, Family, Family Business, Family Business Dynamics, Family Meetings, Family Values, Leadership, Mentoring, Money Values, Next Gen, Psychology of Money, Wealth Preservation
Powerful Questions and Listening – the tools of succession planning by Family Wealth Coach You know the old saying, “Children should be seen and not heard?” If ever there was a time to discredit that saying, it is when you’re in the midst of succession planning. We’ve all had that feeling when you sense that your input is not as legitimate as other’s in the room. It can be incredibly intimidating for heirs when there are multiple generations at the table. It’s critical that you foster an environment with your heirs where that feeling isn’t allowed to take hold, and where their input is just as valued as others in the room. It can be a serious problem if people feel like they “aren’t being heard.” How can you create a succession strategy if people aren’t communicating? If there isn’t powerful communication then it may be difficult to know what matters to your heirs, and what makes them tick. You may not know what tools or resources they might need, and it could be incredibly difficult to get a grasp on the pressures they feel. And the reverse is equally true. These are all things you want your heirs to understand and know about you, as well. The most compelling tools of succession planning are powerful questions combined with powerful listening. Powerful listening doesn’t mean just sitting quietly and “listening” so that you can then jump in with a response. Powerful listening is about trying to hear more than the words—it’s about trying to hear where those words are coming from. What are the motivations behind those words? Ask open-ended questions, and wait for a response—and then listen. It’s also important to keep in mind that sometimes too much respect can really impede communication. If 1st generation wealth holders are held in reverence by the 3rdgeneration, then that 3rd generation may not communicate openly. We understand that it can be difficult for the 3rd generation’s views to be taken as seriously as the 1stgeneration’s. After all, the 1st generation has had far more experience. But keep in mind that one day it will be the 3rd generation making all the decisions, so it’s critical that they feel like they are “being heard” in order for the succession plan to work smoothly.
Leadership with Two Hands: Amornrat Kantaphon We often have an idea that people who have leadership qualities and abilities must be people who do something of great magnitude or wield a lot of power. In fact, anyone can be a leader. By starting with their own hands, a person can create thousands of incredible things in the world. In Thailand, there is a man who used his own two hands to do a very simple thing-something that he believed in and loved doing.
Why European Telecoms Are Attracting Billionaires May 8, 2013 (Bloomberg) — Bloomberg Billionaires European Editor Robert LaFranco looks at the move by billionaires into the European telecom sector and why they find it attractive. He speaks on Bloomberg Television’s “The Pulse.”
“Conscious Capitalism” – Kip Tindell, Chairman & CEO, The Container Store Kip Tindell, Chairman and CEO of The Container Store, shares his perspectives on conscious capitalism and the relationship between business and society as he speaks to the Darden Leadership Speaker Series theme for this year, “What Does it Take?”. His visit is co-sponsored by, and served as the keynote kick-off for, the 2nd annual Business in Society Conference at Darden. Recorded 7 February 2013. For more information on the visions and values of The Container Store, visit http://standfor.containerstore.com/. With Tindell at its helm for 34 years, Dallas-based The Container Store, the original storage and organization store, has 58 stores across the country. Stores average 25,000 square feet and are merchandised with more than 10,000 products designed to save space and time. Privately held, the retailer has posted a compounded annual growth rate of 24% since its inception. With 2012 fiscal year sales projected to reach $750 million, the originators of the storage and organization category of retailing remain the leaders in an industry that thrives. With his focus on employees first, Tindell has nurtured a fierce loyalty to the company, which has an incredible number of employees who might never have dreamed of a career in retail. In fact, that employee-first culture has landed The Container Store on FORTUNE magazine’s list of “100 Best Companies to Work For” 13 years in a row.
Peter Docker – Leadership and Workplace Culture Expert Peter Docker inspires people to generate new possibilities–both for themselves and their organizations. Building on Simon Sinek‘s “Golden Circle,” Peter illustrates his insights by drawing on examples from his previous careers in the military and industry sectors to explain principles that can be applied in any business to create extraordinary and sustainable organizations.
Davos 2013 – TIME: Leading Through Adversity Leading through Adversity Are leaders too risk-averse in efforts to bring the economy back on track? This session was developed in partnership with Time magazine and broadcasted on CNN Money. • John T. Chambers, Chairman and Chief Executive Officer, Cisco, USA • Clayton Christensen, Professor of Business Administration, Harvard Graduate School of Business Administration, USA • Mike Duke, President and Chief Executive Officer, Wal-Mart Stores, USA; Co-Chair of the Governors for the Consumer Industries 2013 • Orit Gadiesh, Chairman, Bain & Company, USA; World Economic Forum Foundation Board Member • Anand G. Mahindra, Chairman and Managing Director, Mahindra & Mahindra, India • Martin Senn, Group Chief Executive Officer, Zurich Insurance Group, Switzerland; Co-Chair of the Governors for Financial Services for 2013 Moderated by • Jim Frederick, Editor, Time International, USA
When Change is not a Choice: Armen Berjikly Mr. Armen Berjikly is the Founder of Kanjoya Inc. (also known as Experience Project, Inc.), and currently serves as its Chief Executive Officer and President. After a close friend’s diagnosis with a serious medical condition, Berjikly began creating online communities designed to sponsor hope through research and community. Witnessing the power of connecting people with a shared experience, and therefore common understanding, led to the creation of Experience Project which has rapidly grown to the largest community of people sharing life experiences, with over 10 million people a month sharing over 20 million experiences. Previously Berjikly worked at the Echelon Corporation, where he helped manage their “intelligent utility grid” solution from paper concept to millions of units shipped. Berjikly’s passion continues to be building products that unite people who can improve each other’s lives, and pioneering new ways to bring emotional awareness to technology. Berjikly obtained his Master’s Degree from Stanford University in Management Science and Engineering, with an emphasis on Entrepreneurship. Prior to that he graduated with honors in Computer Science from Stanford, where his primary research focus was Human-Computer Interaction.
Lugen Family Office is the Most Trusted Online Curator on Wealth Management, Financial Literacy, Family Business, Philanthropy, and the UHNW.
Family Office Newswire
The #1 Family Office Newswire That Empowers Family Dynasties. Over 8,500 Complimentary Posts and growing rapidly with relevant topics!
Learn from Billionaires How To Handle Your Family Wealth.
ENZO CALAMO IS A GOLD AWARD CURATOR ON BUSINESS FOR SCOOP.IT!
"You're a giant among curators and your work is world-class awesome. Thanks for being an incredible role model to the curator community!" Scoop.it
UHNW Wealth Newswire
The #1 UHNW Wealth Newswire For Living Your Dreams. Over 5,400 Complimentary Posts on important topics that show you the Secrets of Accumulating and Preserving Wealth!
ENZO CALAMO IS A SILVER AWARD CURATOR ON FINANCE FOR SCOOP.IT!
Family Business Newswire
The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 3,900 Complimentary Posts On Key Factors To Build A Profitable and Sustainable Business!
The #1 Philanthropist Newswire For Leaving A Legacy From The Heart. Check out the latest trends in philanthropy today with over 1,200 Complimentary posts. Learn what some of the greatest philanthropists in history believe about gratitude and giving!
UHNW Real Estate Newswire
The #1 UHNW Real Estate Newswire for Luxury Homes and Commercial Real Estate. Check out the latest trends in real estate today with over 3,100 Complimentary posts.
Lugen Family Office Proudly Supports AIP
The International Association of Advisors in Philanthropy is the leading charitable giving organization in the world for inspiring collaboration among professionals.
AIP Ambassador, Past President
Recent Blog Posts
- Is happiness really possible? | Menno de Bree February 7, 2015
- Designing Your Life – Bill Burnett February 7, 2015
- Zeynep Tufekci: How the Internet has made social change easy to organize, hard to win February 7, 2015
- Tom Wujec: Got a wicked problem? First, tell me how you make toast February 7, 2015
- Ben Ambridge: 10 myths about psychology: Debunked February 7, 2015
- The cycle of giving | Treana Peake January 10, 2015
- Looking at Transformation through an Empirical Lens | Kelly Peters January 10, 2015
- How to Start a Dream (even when you’re scared) January 10, 2015
- Dealing with Difficult Times in Life – Brendon Burchard January 10, 2015
- Daniele Quercia: Happy maps January 10, 2015
- Disney CEO on the future of the company | Fortune January 3, 2015
- Brendon Burchard shares simple ways to learn FASTER January 3, 2015
- Jeremy Howard: The wonderful and terrifying implications of computers that can learn January 3, 2015
- Carol Dweck: The power of believing that you can improve January 3, 2015
- J.D. Schramm: How to Communicate with Your Audience January 3, 2015
- CEO Carlos Ghosn of Renault-Nissan Alliance on Innovation December 21, 2014
- Ron Johnson: Trust in Your Imagination and Instinct December 21, 2014
- Make Body Language Your Superpower December 21, 2014
- Greg McKeown: Essentialism – The Disciplined Pursuit of Less December 21, 2014
- Oprah Winfrey on Career, Life and Leadership December 21, 2014
Celebrity Net Worth
Berto Colon Net Worth: Berto Colon is a Puerto Rican-born American actor who has a net worth of $2 m [...]
Eugenio Garza Lagüera Net Worth: Eugenio Garza Lagüera was a Mexican businessman and philanthropist [...]
Horacio Cartes Net Worth: Horacio Cartes is a Paraguayan businessman and politician who has a net wo [...]
Shalim Ortiz Net Worth: Shalim Ortiz is a Puerto Rican singer/actor who has a net worth of $5 millio [...]
Javi Martínez Net Worth: Javi Martínez is a Spanish professional footballer (soccer player) who has [...]
Johnny Vegas net worth: Johnny Vegas is an English actor and comedian who has a net worth of $10 mil [...]
Jay Mariotti net worth: Jay Mariotti is an American sports commentator and writer who has a net wort [...]
Sterling Holloway net worth: Sterling Holloway was an American actor who had a net worth of $5 milli [...]
Rupert Jee net worth: Rupert Jee is an American entrepreneur and television personality who has a ne [...]
Reuters Wealth News
NEW YORK (Reuters) - Billionaire investor George Soros and Indian entrepreneur Purnendu Chatterjee o [...]
NEW YORK (Reuters) - As the bull market in U.S. stocks enters its seventh year, the 2015 U.S. Lipper [...]
(Reuters) - Web hosting company GoDaddy Inc has priced its initial public offering at $20 per share, [...]
BOSTON (Reuters) - Billionaire Steven A. Cohen's investments gained 7.5 percent in the first th [...]
NEW YORK (Reuters) - Warren Buffett, the billionaire chief executive officer and chairman of Berkshi [...]
NEW YORK (Reuters) - A Swiss asset manager pleaded guilty on Tuesday to participating in a scheme to [...]
WASHINGTON (Reuters) - Wells Fargo won regulatory approval on Tuesday from federal banking regulator [...]
(Reuters) - Sprint Corp has agreed to a $131 million settlement of a class-action lawsuit accusing t [...]
(Reuters) - TransUnion, one of the largest credit bureaus in the United States, filed with U.S. regu [...]
NEW YORK (Reuters) - For Zillow Group Inc CEO Spencer Rascoff, San Francisco used to be home. These [...]
MarketWatch Personal Finance
The previous version of this story, published March 30, misstated the name of Lattice Strategies’s f [...]
Ambarella hit an intraday high today and is up over 170% since we purchased it last June. [...]
Almost all of stock in pre-IPO companies is owned by venture-capital investors and employees, who fa [...]
Most trail index funds over periods as short as three years, writes Phil van Doorn. [...]
The Department of Education has made a list of the schools public for the first time. [...]
More celebrities and politicians are talking about their school loans. [...]
In just 24 hours, the market capitalization of the electric car company has risen by nearly $1 billi [...]