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.
Post Tagged with: "Los Angeles"
Business Ideas – 3 Lessons from Guy Laliberte (Cirque Du Soleil) by Evan Carmichael Today we’re going to look at how a young entrepreneur went from performing in the streets and sleeping on park benches to becoming a billionaire who plays high stakes poker and is a space tourist in his spare time. This is the story of Cirque du Soleil founder Guy Laliberté and the top 3 lessons that you can learn from his success. “I bet everything on one night. If we failed, there was no cash for gas to come home.” – Guy Laliberté Guy Laliberté, (born September 2, 1959) is a Canadian entrepreneur, philanthropist, poker player, space tourist and the founder of Cirque du Soleil. When Laliberté was 18 years old he left Canada for Europe to become a street performer. He played traditional Canadian music on an accordion with a hat for donations and slept on a park bench by night. He also met other street performers who taught him how to breath fire, juggle, perform magic, and walk on stilts before returning home. Unable to find a 9-5 job back home, he started a business that would create large-scale street shows. After 3 years of successful shows in 13 Canadian cities, Laliberté wanted to get bigger. In 1987 his company was booked as the opening act for the Los Angeles Arts Festival. He spent all the money he had to get to Los Angeles and prepare for the show. If it didn’t work out he’d have to perform on the streets to get gas money to go home. Luckily for him the gamble paid off – his performance received standing ovations and ticket sales came flying in. With an estimated net worth of US$2.5 billion, Laliberté was ranked by Forbes in 2011 as the 11th wealthiest Canadian and 459th in the world. In 2006, Laliberté was named the Ernst & Young Entrepreneur of the Year and his company now employs over 5,000 people – not bad for a hustling entrepreneur who started off sleeping on park benches because he couldn’t afford to pay rent. Action Item #1: Have a Greater Purpose Action Item #2: Foster a Creative Workplace Action Item #3: Take Risks True Story Laliberté understands the importance of getting the right people for his company. Once a year, Cirque du Soleil engages in a hiring campaign to bring new and freshly energized talent on board. For 16 weeks, anywhere between 60 and 70 candidates from around the world are gathered together to be tested. Pushed to their limits, Cirque encourages candidates to do things they probably have never done before, evaluating not only their core competencies, but also their values, generosity, courage, teamwork and problem solving skills. Laliberté wants to hire people who are risk-takers, just like himself, and who fit with the company’s core values. Quotes “It was live or die in L.A. And we bet everything on […]
Business Ideas: My Favorite 7 Boldest Entrepreneur Moves of All Time by Evan Carmichael Bold Move #1: Walt Disney Does The Impossible According to Disney: “Somehow I can’t believe there are any heights that can’t be scaled by a man who knows the secret of making dreams come true. This special secret, it seems to me, can be summarized in four C’s. They are Curiosity, Confidence, Courage, and Constancy and the greatest of these is Confidence.” Bold Move #2: Guy Laliberté Risks It All In Los Angeles According to Laliberté: “It was live or die in L.A. And we bet everything on one night. By the end of the show we had standing ovations. The day after, tickets were selling like crazy. I bet everything on that one night. If we failed, there was no cash for gas to come home.” Bold Move #3: A.P. Giannini Bets On The Little Guy When a massive earthquake hit San Francisco in 1906, all the banks in the city closed down to assess their damage. People couldn’t get access to their funds at the time they needed it the most. The earthquake demolished Giannini’s bank but he opened up shop by setting up a desk using two barrels and a plank of wood across them. He would lend money to people based on a handshake to help them rebuild their lives. He also went on to fund entrepreneurs like Walt Disney who nobody believed in and projects like the Golden Gate Bridge that were considered too crazy to invest in. Bold Move #4: Anita Roddick Is Forced To Survive According to Roddick: “For myself, I needed to earn money, to look after the kids while my husband was traveling for two years across South America… I started The Body Shop in 1976 simply to create a livelihood for myself and my two daughters, while my husband, Gordon, was trekking across the Americas. I had no training or experience and my only business acumen was Gordon’s advice to take sales of £300 a week. Nobody talks of entrepreneurship as survival, but that’s exactly what it is and what nurtures creative thinking.” Bold Move #5: George Lucas Challenges Traditional Business Models According to Lucas: “My first six years in the business were hopeless. There are a lot of times when you sit and you say ‘Why am I doing this? I’ll never make it. It’s just not going to happen. I should go out and get a real job and try to survive’. I thought Star Wars was too wacky for the general public. Right or wrong this is my movie, this is my decision, and this is my creative vision, and if people don’t like it, they don’t have to see it.” Bold Move #6: Ted Turner Decides To Be Successful According to Turner: “All my life people have said that I wasn’t going to make it… I’ve never run into […]
Business Ideas – 3 Success Lessons from Wolfgang Puck by Evan Carmichael Today we’re going to take a closer look at how the son of a single mother and a young boy contemplating suicide would start his own company that is worth around $500 million today. This is the story of renowned chef Wolfgang Puck and the top 3 lessons that you can learn from his success. “Young people want to be famous before they know how to cook, before they know how to treat people, before they know what hospitality means. I stayed in France for seven years and Austria for three, so before I was a chef anywhere I was already cooking for 10 years.” – Wolfgang Puck Wolfgang Johann Puck (born January 8, 1949) was born to a hotel chef mother and a butcher father; the art and love of preparing food was in his blood. Puck’s father abandoned his mother just before his birth, leaving Maria Topfschnig as a single mother. In 1956, she remarried to coal-miner Josef Puck, who then adopted Wolfgang, making him Wolfgang Johann Puck. This marriage would result in two younger sisters and a little brother for Puck. Under the guidance of his mother, who had been dabbling in the professional culinary arts for some time, Puck began cooking pastries. He had made up his mind at an early age that he wanted to follow in his mother’s footsteps and become a professional chef. Instead of following the traditional route of first attending culinary school, however, Puck chose to instead train under an apprenticeship from the age of 14. He was sent on a train to southern Austria to work in a hotel kitchen, but did not find the success he had hoped for. After stepping onto cakes on a bakery floor, he recalls that, “everyone told me I’m good for nothing.” A few days later, the head chef told Puck, “You’d better go home to your mother so she can breastfeed you for another year.” After pondering suicide, Puck chose instead to apprentice at another hotel. It proved to be a wise decision. Puck decided to move to the United States in 1973 and worked in several restaurants before finding a home at Ma Maison, a failing Hollywood restaurant. There he would bring the restaurant back to prominence and become co-owner. In 1982, Puck launched his first cookbook, Modern French Cooking for the American Kitchen. With the success that followed, and upon meeting his future wife and business partner Barbara Lazaroff who would encourage him to follow his dreams, Puck got the confidence he needed to finally realize one of his lifelong goals; Puck was going to open his own restaurant. With the backing of some investors, he opened Spago and the rest is history. Action Item #1: Don’t Complicate Things Action Item #2: Hire Good People Action Item #3: Never Give Up True Story Wolfgang Puck has been […]
Words that Change Lives: David Wolpe
How to Know Your Life Purpose in 5 Minutes: Adam Leipzig Adam Leipzig has overseen more than 25 movies as a producer, executive and distributor. and has produced more than 300 stage plays and live events, and he was one of the founders of the Los Angeles Theatre Center. AdamLeipzig.com
Tony Robbins – What They Seldom Teach You in School Unleash the Power Within is Anthony Robbins’ cornerstone weekend program: a crash course in taking massive action to change the quality of your life forever. In three and a half of the most empowering, educational, and entertaining days of your life, you won’t just deal with-you will vanquish-anything holding you back from utilizing the force that can instantly change your life. You will learn not merely how to survive global changes in the economy, environment and political arena, but how to thrive and prosper at a level beyond what you may have thought possible.
Small Business Management–All in the Family and Beyond Part 1 Published on Jan 8, 2013 Ronald Norelli, Northeastern alumnus, and president and CEO of Norelli & Company; and Kimberly Eddleston, associate editor of The Journal of Family Business Strategy and associate professor of entrepreneurship and innovation at the D’Amore-McKim School of Business at Northeastern University, discussed succession planning and other management strategies for small and family businesses. They talked about trends in innovation and organizational change for small businesses, and discussed how they must periodically transform themselves to improve or sustain their competitive positioning. Part 2
Michael Kies takes inspiration from the life of Walt Disney Michael Kies describes the aspects of Walt Disney’s life that serve as an inspiration to him. If you follow these inspirational steps you could have a more fulfilled life.
Enzo Calamo Is A Best Selling Author
Enzo Calamo is the Best Selling co-author of "How To Create Infinite Returns In Real Estate Using The Secret Asset: How To Recover All Business and Personal Expenses Using The Secret Asset" This is a must read for every affluent investor.
Enzo Calamo Is A Gold Award Curator
Scoop.it describes Enzo Calamo "as a rock star of content curation."
Lugen Family Office is the Most Trusted Online Curator on Legacy Planning, Wealth Management, Financial Literacy, Family Business, Philanthropy, Technology Trends, Healthy Living, and the UHNW.
ALL POSTS ARE CURATED BY ACTUAL EXPERTS!
Check out our 11 Gold Award UHNW Newswires.
- 13 Things Your Business Needs to Automate Right NowFebruary 26, 2017
- Five Signs You’re Successful — Whether You Know It Or NotFebruary 26, 2017
- Jessica Mah Shares Her 5 Best Pieces of Advice for Women EntrepreneursFebruary 26, 2017
- What I Learned From Mentoring Startups in the World’s Best AcceleratorsFebruary 26, 2017
- Why your Startup should take 4–6 weeks to launch, not 4–6 monthsFebruary 26, 2017
- 7 Critical Questions Every Start-Up Entrepreneur Must AnswerFebruary 26, 2017
- Startup essentials: What’s the difference between growth marketing and growth hacking?February 26, 2017
- OMERS sees 10.3% investment return in 2016 – Article – BNNFebruary 26, 2017
- Warren Buffett says investors should stick with index funds – Article – BNNFebruary 26, 2017
- Canadians contributed less to TFSAs in 2016, survey finds – Article – BNNFebruary 26, 2017
- Personal Investor: Health costs and taxes draining retirement nest eggs – Article – BNNFebruary 26, 2017
- Personal Investor: How to become a millionaire at 65 – Article – BNNFebruary 26, 2017
- Self-made millionaire: Here are 3 things rich people do differentlyFebruary 26, 2017
- How this self-made millionaire got rich by ‘chasing mammoths’February 26, 2017
- Forever Broke: 15 Things Holding You Back From Becoming a Multi-MillionaireFebruary 26, 2017
- How this self-made millionaire started a classic car empire out of his garageFebruary 26, 2017
- 4 lessons you can learn from America’s first female self-made millionaireFebruary 26, 2017
- Self-made millionaire: ‘Most people should not be going to college’February 26, 2017
- 30-year-old self-made millionaire: This is how to make your family smarter about moneyFebruary 26, 2017
- Self-made millionaire: Here are the 2 rules I follow to ‘have it all’February 26, 2017
- The practical, unsexy steps it takes to actually become a millionaireFebruary 26, 2017
- 31-year-old millionaire who saves 50% of his income shares his No. 1 money-saving tipFebruary 26, 2017
- A startup sale made this low-level employee into an Indian millionaireFebruary 26, 2017
- Millionaire who works 95 hours a week shares how he avoids burnoutFebruary 26, 2017
- What to do in your 20s to become a millionaire, from the author of ‘I Will Teach You To Be Rich’February 26, 2017
- Jackie Chan calls America ‘most corrupt country in the world’February 26, 2017
- Warren Buffett upbeat on US business growth – BBC NewsFebruary 26, 2017
- Hiding Assets In Kids’ Companies Results In Denial Of Discharge In CorkFebruary 26, 2017
- Bret Hart Recalls Meeting Donald Trump, Weighs In On Linda McMahon And Sharpshooter FundingFebruary 25, 2017
- One Woman’s Journey From ‘Barefoot Doctor’ To Casino BillionaireFebruary 25, 2017
- 3 Stocks Billionaire Carl Icahn Is Buying — The Motley FoolFebruary 25, 2017
- This is how 5 self-made billionaires beat stressFebruary 25, 2017
- ‘Shark Tank’: The 6 Greatest Lessons After A Year With Billionaire Mark CubanFebruary 25, 2017
- Billionaire Adelson Reaps Benefits From Big Republican DonationsFebruary 25, 2017
- Puff Daddy Says He’s Not Hip Hop’s First Billionaire … YetFebruary 25, 2017
- Cirque Du Soleil Billionaire Guy Laliberte Helps Fight Global Water Crisis With Luxury AuctionFebruary 25, 2017
- Care to bid for Donald Trump’s Ferrari F430 F1 Coupe?February 25, 2017
- Montegrappa’s New Pen Would Make Doctor Strange EnviousFebruary 25, 2017
- The Next Financial Crisis Might Be in Your DrivewayFebruary 25, 2017
- Schwarzman’s $425 Million Payout Leads Private Equity TitansFebruary 25, 2017
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
LFO Website Statistics