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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

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African-Americans propel prime time TV hits like 'Empire'For broadcast television, this is the Year of the African-American Viewer. [...]

McDonald's CEO retires as sales sufferMcDonald's has been struggling to turn its lousy sales around. And now there's a change at [...]

Coming soon: An American 'Black Mirror?'Is an American remake of "Black Mirror," the British anthology series that's a big hi [...]

Billionaire Carl Icahn: Apple investment is a 'no-brainer'Invest in Apple? It's a "no brainer" to Carl Icahn. [...]

Shark Tank contestant may save SkyMallThe bankrupt SkyMall catalog may be rescued by a former Shark Tank contestant. [...]

Days before kickoff, NBC sells out of Super Bowl ad spaceNBC has (finally) crossed the goal line and sold out all of its Super Bowl ad time. [...]

Facebook is growing -- so are its costsRead full story for latest details. [...]

The Obama oil boomRead full story for latest details. [...]

Millions to owe Obamacare tax penaltyWere you uninsured in 2014? It's time to pay the piper! [...]

Senator Rand Paul goes after Fed...againRead full story for latest details. [...]

 

CNN Small Business News

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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

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 [...]

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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 [...]

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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 [...]

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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

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WASHINGTON (Reuters) - The U.S. Air Force on Wednesday awarded a $383 million contract for more laun [...]

(Reuters) - McDonald's Corp , fresh off one of its worst financial years in decades, on Wednesd [...]

WASHINGTON (Reuters) - The IMF set a June deadline for making progress on reforms that would give em [...]

SAN FRANCISCO (Reuters) - Facebook Inc's revenue grew 49 percent in the fourth quarter, as mobi [...]

TOKYO (Reuters) - Asian shares retreated on Thursday after the Federal Reserve unexpectedly lifted i [...]

SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday reported its first annual earnings decline [...]

 

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

McDonald's CEO Don Thompson is out; Facebook reports better-than-expected results; Qualcomm war [...]

The U.S. Air Force will reportedly announce a decision to go with Boeing's commercial 747-8 air [...]

The Fed remains upbeat about the U.S. economy, despite continued weakness in overseas economies. Bob [...]

 
 

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  • Business Ideas – 3 Success Lessons From Julie Aigner-Clark (Baby Einstein)

    Business Ideas – 3 Success Lessons From Julie Aigner-Clark (Baby Einstein)

    Business Ideas – 3 Success Lessons From Julie Aigner-Clark (Baby Einstein)     Today we’re going to take a closer look at a stay-home mom who just wanted to make a video to entertain and educate her children, but in the process helped develop a billion dollar business. This is the story of Baby Einstein developer Julie Aigner-Clark and the top 3 lessons that you can learn from her success.   “Before Baby Einstein, I was an English major in college and after that I was a teacher in high school and left when I had my first baby. At that time, there was nothing that existed that was fun educational videos for babies. That is when I realized that there was a need in the market place and best of all I was my own customer.” – Julie Aigner-Clark   Julie Aigner-Clark (born February 16, 1947) is an American entrepreneur that developed the Baby Einstein video series for children. She grew up in Michigan and went to Michigan State University, where she majored in the humanities. Right out of school, Aigner-Clark began teaching English to high school students. She was enjoying her new profession and her ability to help shape and educate young minds, when something happened that would change the course of her life forever.   After Aigner-Clark had her first daughter, she became fascinated by the latest research dealing with newborns and their capacity to learn. She began to search baby stores far and wide for material that was both educational and appropriate for her child’s development, while still being fun. At the end of her search, Aigner-Clark had come up empty handed. So she began to think about creating her own product. She thought that if she couldn’t find what she was looking for in stores, maybe other mothers were in the same situation. Being the busy mother that she was, however, she didn’t act on her idea until a full year later.   Along with her husband, Aigner-Clark borrowed a friend’s video camera and headed into her basement to film what would become the first of many Baby Einstein videos. With her baby as the live audience, her cat as a prop, and her husband as the videographer, the pair set out to create their vision. Turned down by many retailers, Aigner-Clark decided to hit the floors of toy trade shows to get the word out about her product. Still, she found it difficult to find people who shared her enthusiasm. Finally, however, Aigner-Clark was able to convince a buyer from The Right Stuff, a high-end toy retailer, to stock a few trial copies of her video in their stores. When they sold out within three days, The Right Stuff agreed to sign an exclusive deal with Aigner-Clark. Baby Einstein videos were now being distributed in 34 stores across the country, and selling out fast. Today, the Baby Einstein is being produced by Disney and total revenues are over $1 billion annually.   Action Item […]

     
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  • Michigan is Home to Twelve Billionaires

    Michigan is Home to Twelve Billionaires A look at the richest Michiganders

     
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  • Jeff DeGraff – Competing Values Framework

    Jeff DeGraff – Competing Values Framework Yellow (Part 1) Jeff DeGraff Explains the Competing Values Framework – “Collaborate” – at an Executive MBA program at the Ross Business School, University of Michigan Blue (Part 2) Red (Part 3) Green (Part 4)  

     
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  • Twinkie Robbed Worker’s Pensions to Pay CEO Bonuses

    Twinkie Robbed Worker’s Pensions to Pay CEO Bonuses Karl Marx famously wrote that capitalism contains within itself the seeds of its own destruction. If true, the young, green shoots of that destruction may well be the corporate and billionaire excesses, ranging from the Hostess debacle to the billionaire oligarch Koch Brothers funding anti-union efforts by Rick Snyder and Republicans in Michigan.  

     
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  • Leading High-Performance Teams: A Conversation with Dave Brandon and Alison Davis-Blake

    As the former chairman/CEO of Domino’s Pizza Inc., Dave Brandon, AB ’74, brings unique perspective to his current role as director of intercollegiate athletics at the University of Michigan. “Fundamentally the leadership role is very similar,” Brandon says of his shift from the corporate sector to the nonprofit realm. “But if your corporate team screws up, you can’t make them run laps.” Brandon shared his tips for leading high-performance teams during Reunion Weekend at the Ross School of Business Oct. 28.  

     
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