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
Jane Goodall is best known for her work with primates, but she is making waves for saying SeaWorld s [...]
There may have been fewer questions about the recent death of Freddie Gray if Baltimore police offic [...]
While most young entrepreneurs hole up in co-working spaces, a few lucky ones are running their firm [...]
It's always been honorable to donate anonymously. [...]
Read full story for latest details. [...]
Tyson Foods on Tuesday became the latest chicken company to begin phasing out antibiotics amid conce [...]
We used to have to wait until the summer before a presidential election to see all the fun and harsh [...]
When Ted White moved into his freshman dorm at Harvard, he saw his classmates hauling expensive thin [...]
Beverage brands large and small rely heavily on David Dafoe's taste buds. [...]
CNN Small Business News
SilverTech Ventures is a new accelerator that offers perks like free office space and access to its [...]
Stewart Butterfield sold Flickr to Yahoo in 2005. Today, he helms Slack, valued at $2.8 billion. [...]
Flavorman's 35-person lab in Louisville, Ky., has developed flavors for clients including Jones [...]
An Oregon bakery that refused to bake a cake for a lesbian couple's wedding had its crowdfundin [...]
Read full story for latest details. [...]
Take a look at some of the most outrageous items being marketed to the top 1% in Monaco, including a [...]
Jen Glantz is carving out a piece of the wedding industry: as a professional bridesmaid. Here's [...]
The home of some of the most iconic toys has teamed up with a crowdsourcing platform for inventors t [...]
A survey of McDonald's franchise owners shows they are not happy with the company's turnar [...]
CNN Money News
At elite schools across the country, low-income students feel like outsiders and are working to make [...]
Read full story for latest details. [...]
A majority of H&R Block clients who had received federal help to pay for their health insurance [...]
New data from the OECD shows the average worker in India pays no income tax and doesn't have to [...]
Take a look at some of the most unusual luxury products being marketed to the top 1% in Monaco, incl [...]
While the 4% rule may give you a good starting point, a good retirement withdrawal rate isn't a [...]
Demanding, overbearing or just plain mean managers are most to blame for ruining your time off the c [...]
Nearly half of workers think they need to save half a million dollars to retire comfortably, but mos [...]
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
ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outlin [...]
BERLIN (Reuters) - Talks between the European Union and United States on a transatlantic trade accor [...]
DEARBORN, Mich. (Reuters) - Ford Motor Co reported a first-quarter profit that was less than analyst [...]
MUNICH (Reuters) - Deutsche Bank co-CEO Juergen Fitschen went on trial on Tuesday accused of giving [...]
LONDON (Reuters) - Navinder Sarao, the British trader accused of helping provoke the 2010 Wall Stree [...]
NEW YORK (Reuters) - U.S. single-family home prices rose in February from a year earlier, led by str [...]
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 [...]
Post Tagged with: "New York City"
Business Ideas – 3 Business Lessons From David Ogilvy Today we’re going to look at how a young man who had never written an advertisement in his life started an advertising agency with only $6,000 to his name and went on to become one of the most sought after marketers in the world. This is the story of advertising legend David Ogilvy and the top 3 lessons that you can learn from his success. “Don’t bunt. Aim out of the ball park. Aim for the company of immortals.” – David Ogilvy David Ogilvy (June 23, 1911–July 21, 1999) was the founder of Ogilvy & Mather and is known as the “father of advertising.” He took the long road to success working as a hotel chef, a British Intelligence officer, and a traveling salesman selling kitchen stoves door to door. He had success in sales and thought he could help other companies improve their marketing efforts so he started his own advertising agency in 1949. He was 38 years old, had never written an advertisement in his life and only had $6,000 to his name, but he had a big dream and wanted to see it through. Attracting clients was a challenge in the beginning but he focused on getting results for his clients and he firmly believed that the best way to get new clients was to do outstanding work for his existing clients. The few clients he was able to get loved his approach. They rewarded him with larger budgets and referrals to other potential accounts. After building up his business in New York he decided to merge with the London based agency Mather & Crowther in 1965. It gave his firm an international reach and the next year Ogilvy & Mather was the one of the first advertising agencies to go public. His company was acquired in 1989 for $864 million after Ogilvy built up a reputation for being “the most sought-after wizard in the advertising industry” according to TIME magazine. He was elected to the U.S. Advertising Hall of Fame in 1977and was inducted into the Junior Achievement U.S. Business Hall of Fame. His legacy continues to leave a mark on everyone in the advertising world and his story provides lessons in marketing that we can all learn from. Action Item #1: Get Your Clients Results Action Item #2: Test, Test, Test Action Item #3: Hire Great People True Story In his ads, Ogilvy would often make the company logo twice the size — “a good thing to do because most advertisements are deficient in brand identification.” He would also show his client’s faces “because the public is more interested in personalities than in corporations.” Other Ogilvy techniques included studying and imitating graphics used by editors, since “it has been found that the less an advertisement looks like an advertisement, and the more it looks like an editorial, the more readers stop, look and read.” He […]
Business Ideas: 3 Business Lessons From Henry Heinz by Evan Carmichael Today we’re going to look at how the son of immigrant labourers went against the dream his parents had for him to become a preacher and built one of the most successful companies in the food production business. This is the story of Henry Heinz and the top 3 lessons that you can learn from his success. “To do a common thing uncommonly well brings success.” – Henry J. Heinz Action Item #1: Create a Catchy Slogan Whatever industry you’re in, you probably have many competitors. How can you stand out from everyone else? A great way to cut through the clutter is to create a catchy slogan that highlights what you’re really good at. Heinz was looking for a slogan while riding on a streetcar in New York one day in 1896. He then saw an advertisement for a shoe store; it read “21 Styles.” According to Heinz: “I said to myself, ‘we do not have styles of products, but we do have varieties of products. Counting up how many we had, I counted well beyond 57, but 57 kept coming back to my mind. Seven, seven — there are so many illustrations of the psychological influence of that figure and of its alluring significance to people of all ages and races that ’58 Varieties’ or ’59 Varieties’ did not appeal at all to me as being equally strong.” With that, Heinz immediately jumped off the streetcar, went down to the print shop, and drafted up a card with the new 57 Varieties slogan. Reflecting back, Heinz acknowledged: “I myself did not realize how highly successful a slogan it was going to be.” Action Item #2: Be Unique with Your Promotions Another great way to cut through the clutter and have potential customers pay attention to you is to be unique with your promotional campaigns. No tactic was too flashy or gaudy for Heinz. He wanted his products to stand out and shine — literally. In 1900, Heinz decided to erect the first ever electric sign in New York City, on the corner of Fifth Avenue and 23rd Street in Manhattan. Standing six stories tall, the sign was a large electric-lit pickle that bore the Heinz name and its “57 Varieties” slogan. In the display room below the sign, Heinz’s employees could be seen packing miniature pickles into bottles. The sign took 1,200 light bulbs to build and cost the company some $90 every night, but for Heinz, it was all worth it. For years, this electric pickle impressed shoppers along the famous New York strip and served as invaluable advertising. Heinz was a master promoter, and was even responsible for pioneering one of the major trends in the industry. Obsessed with quality, freshness, and cleanliness, Heinz invented the concept of the “factory tour.” Anyone who was interested in seeing how Heinz produced and packaged his products […]
Toby Eccles: Invest in social change Here’s a stat worth knowing: In the UK, 63% of men who finish short-term prison sentences are back inside within a year for another crime. Helping them stay outside involves job training, classes, therapy. And it would pay off handsomely — but the government can’t find the funds. Toby Eccles shares an imaginative idea for how to change that: the Social Impact Bond. It’s an unusual bond that helps fund initiatives with a social goal through private money — with the government paying back the investors (with interest) if the initiatives work. Toby Eccles has created a radical financial instrument that helps private investors contribute to solving thorny public problems. WHY YOU SHOULD LISTEN TO HIM? All too often, an ex-inmate walks out of prison with the exact same problems he or she walked in with: lack of skills, lack of support, no job. And they end up re-offending and back in jail. It’s an expensive problem to fix, but it’s a much more expensive one to ignore. A director at Social Finance in London, Toby Eccles explores the arbitrage between those two options. In 2010, his pioneering Social Impact Bond allowed private investors to support a UK program targeting ex-prisoners who served short sentences (the limited government funding only goes to ex-inmates who served long terms). The £5m scheme, funded by 17 investors, supports training and support for 1,000 ex-inmates; if they re-offend less than a control group, the government will pay investors back, plus interest, through the savings accrued by achieving the program’s targets. More such bonds are now being tried across the world, including in New York City and Massachusetts (both addressing recidivism), and extended to new fields such as development. Eccles founded Social Finance in 2007, and he oversees all of the firm’s social impact bond work, where, he says: “We are incentivised to work with the complicated and with those willing to change.” “We are incentivised to work with the complicated and with those willing to change.”
/ Achievement, Ambition, Aspirations, Attitude, Beliefs, Business Leadership, Business Values, Choices, Company Culture, Employee Engagement, Game Changers, Hiring and Retaining Staff, Human Capital, Human Resources, Inspiration, Leadership, Management, Motivation, Philosophy, Success, Talent Management, The Secret, Unique Abilities, Visionary
Beyond Assumptions: Bruce Cohen In this motivating talk, Bruce Cohen encourages listeners to realize the potential of unfilled promise, both theirs and others. As a metaphor for attenuating our own untapped potential, Cohen compares the core of an individual to a cooling ember. Distractions and the loss of appreciation for our potential mask the relationship of our core to reality, and as such, our decisions may be ungrounded, thus increasingly resulting in an unsystematic world. According to Cohen, assumptions perpetuate the making of such ungrounded decisions, and refocusing with respect to our core may allow us to truly appreciate our talents and our potential for the future. The ember can also be the beginning of a great fire. Bruce Cohen is the president of Embervision, a New York City-based consulting firm.
Duane Cashin – Inspiring Entrepreneur In business, people often see their environment as competitive and struggle with how to stand out. Those who have heard Duane Cashin see things differently. Duane draws from his 20 plus years of experience as a top salesman and entrepreneur to deliver clear insight on how to effectively differentiate one’s offering in today’s marketplace. Duane shows that people can tap into those things that truly make them unique to get real results. With the perfect blend of storytelling, humor, passion, and straight talk, Duane challenges his audiences to rethink everything from their approach to communicating the unique value of their offering, to their attitudes toward selling and serving. Duane’s analogies, metaphors, and real-life stories combined with his warm and witty style will keep you laughing while you learn sound business and life principles. He will infuse you with a passion for success and leave you with a vision of your higher purpose and a drive to achieve your personal best.
Matthew Hussey | The Psychology of Entrepreneurship Matthew Hussey, declared the “Anthony Robbins of the 21st century” by 21 Convention architect Anthony Dream Johnson, Matthew’s rise to success as a speaker and a coach has been meteoric. From beginning as a one to one coach working with people in coffee shops, he now runs programmes across the globe for people looking to take every area of their lives to the next level. With packed out seminar rooms from London to New York, he is a rising star in the speaking world and is gaining international status as a life strategist — transforming the lives of individuals of all ages, from every walk of life. Matthew has created two major coaching companies that cater to customers from all across the world. The first, www.matthewhussey.com started as Matthew’s very own passion project. This has been built into a world-renowned service for peak performance coaching where he now has the full backing of a whole team of experts. His creations include specialist programmes on confidence, impact, and full life transformation retreats held in 5 star locations globally. Here clients spend 6 days in luxury villas in exotic locations where they have their own private chef and are coached by Matthew personally the entire time. Recent retreats have included Nice and Florida. His larger seminars take place anywhere from London to packed out rooms in New York’s Times Square. Matthew soon become known for his extensive coaching and research into the world of human attraction, resulting in his latest venture, www.gettheguy.co.uk which exploded onto the scene in 2008, immediately gaining mass media attention in both the UK and the United States. The company recently released a DVD program which has already been reviewed by Okay Magazine, and Matthew’s notoriety in the area of human attraction landed him a spot as the resident dating expert on ITV’s This Morning as well as being a regular columnist for Now magazine. Matthew has now been featured on major TV stations across the world. He’s provided advice on CNN, GMTV, The Today Show for America, NBC, and featured on a primetime BBC3 series ‘Undercover Princesses’. Matthew is also featuring in a new prime time series for Living TV ‘House of Grazia’ (released June 2011) and is the primary expert on a brand new prime time MTV series (which will be released globally to 60 nations in October 2011). Under his MH brand he has been contracted to work with various prestigious individuals and large corporations. Private clients have included directors of major FTSE 500 companies including Morgan Stanley, hedge fund managers, and even royalty. He has also partnered with major institutions in charities. In 2010 he was invited to lecture at Oxford University to the department of Neuroethics. Other talks include training for teachers at the highly regarded ‘Teach First’ annual conference, and a charity speech with members of the royal family at the Children In Crisis annual dinner. He has become known for partnering with renowned global […]
$190 Million Estate: America’s Most Expensive Home For Sale Greenwich, Conn. has long been known for its pricey ZIP codes, enviable proximity to New York City, and of course, a diaspora of wealthy Wall Street residents that has earned it a nickname as the hedge fund capital of the country. Now the tony town will be known for something else: as the location of America’s most expensive home for sale. With an astounding asking price of $190 million, Copper Beech Farm has come to market as one of Greenwich’s last ‘Great Estates,’ a designation assigned by the Junior League of Greenwich in a 1986 coffee table book highlighting the town’s 46 most architecturally significant historic abodes. At that nine-figure price tag, Copper Beech Farm trumps every other U.S. residence publicly listed for sale, asking nearly 30% more than the country’s second most expensive home, the $135 million Crespi-Hicks estate in Dallas, Texas.
The Power of Writing: Rebecca Wallace-Segall Rebecca Wallace-Segall is the founder and Executive Director of Writopia Lab and teaches writing workshops in NYC. She lectures at schools, events, and parents’ organizations on How to Inspire the Writer Within Your Child. She has been awarded recognition from The Scholastic Art & Writing Awards as an “outstanding educator” and has contributed op-eds about education and writing to The Atlantic Monthly and The Wall Street Journal.
Lugen Family Office is the Most Trusted Online Curator on Legacy Planning, 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
- Isabel Allende: How to live passionately—no matter your age April 7, 2015
- How I’m preparing to get Alzheimer’s – Alanna Shaikh April 7, 2015
- 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
Celebrity Net Worth
We're laying out the pros and cons of trying to be one of the five people who can own the new T [...]
Situated on an arid hilltop, Bruce Jenner's 3,500-square-foot house has four bedrooms and 3.5 b [...]
Reggie Yates net worth: Reggie Yates is a British actor, television presenter, and radio DJ who has [...]
Brad Corrigan net worth: Brad Corrigan is an American musician and singer who has a net worth of $50 [...]
Randy Owen net worth: Randy Owen is an American country music artist who has a net worth of $50 mill [...]
Sam Wyly net worth: Sam Wyly is an American entrepreneur and businessman who has a net worth of $20 [...]
Charles Hamilton net worth: Charles Hamilton is an American hip hop recording artist and record prod [...]
Ivy Supersonic net worth: Ivy Supersonic is an American fashion designer, event planner, and animate [...]
Peter Hook net worth: Peter Hook is an English musician, singer, DJ, author, and nightclub owner who [...]
Reuters Wealth News
NEW YORK (Reuters) - Global equity mutual funds and exchange-traded funds showed $31.8 billion of ne [...]
(Reuters) - The following are some of the organizations providing relief in Nepal to thousands of vi [...]
(Reuters) - The widow of the Home Shopping Network's co-founder is seeking more than $170 milli [...]
NEW YORK (Reuters) - When the Nasdaq Composite last hit record highs during the dotcom era, fund man [...]
LOS ANGELES (Reuters) - (The author is a Reuters columnist. The opinions expressed are her own.) I d [...]
LONDON (Reuters) - Britain's top-25 richest hedge fund managers' wealth rose by 1.8 billio [...]
NEW YORK (Reuters) - Investors in U.S.-based funds poured a record $1.4 billion into funds that spec [...]
(Reuters) - E*Trade Financial Corp's first-quarter profit fell 59 percent, hurt by lower tradin [...]
NEW YORK (Reuters) - American International Group Inc has reached a $40 million settlement of claims [...]
(Reuters) - As U.S. company earnings rise and major stock market indices hit new heights, two small [...]
MarketWatch Personal Finance
CEO Tim Cook gave few details on the biggest product rollout in five years, writes Therese Poletti. [...]
The iPhone maker blew out its fiscal second quarter, with a profit of $13.6 billion, says Phil van D [...]
Before doling out recommended investments, robo advisers want to get to know you. Here are a few rat [...]
The sticker price on your car is only the beginning of what it really costs to own that auto — somet [...]
The market is heading for one of those periods when investors lose a lot of money. [...]
Reduce your exposure to the net investment income tax [...]
Most who attempt transition after age 45 are successful, study finds [...]
Reuters Business Video
Merck posted better than expected sales and profit. The company getting a boost from its diabetes dr [...]
Record sales of luxury Mercedes-Benz cars helped Daimler to beat first-quarter earnings forecasts an [...]