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
Lufthansa and its insurers have begun the grim task of working out how to compensate families of the [...]
Wall Street may be stressing out, but that can create a window of opportunity for investors. [...]
Read full story for latest details. [...]
Heat up the bed, lock the door, turn off the lights, and brew coffee in the morning...all from bed. [...]
Your iPhone could save you time and money at the doctor's office. At least that's what doc [...]
How would a non millennial explain our current Catch-22? We can't get a job because we don [...]
Business leaders are pushing back against an Indiana law that allows them to refuse service to gay p [...]
Lufthansa was forced to introduce new rules on keeping two crew members in the cockpit at all times [...]
China is ordering local governments to roll back tax breaks promised to foreign businesses. [...]
CNN Small Business News
Meet Luna, the tech-enabled mattress cover that just raised over $1.1 million on Indiegogo. [...]
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 [...]
Behind cybersecurity, lack of diversity is the next issue threatening companies. Laura Mather, found [...]
CNN Money News
It's time to clean up your image and follow these rules. [...]
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
NEW YORK (Reuters) - Wall Street and European stocks edged ahead on Friday but remained en route to [...]
WASHINGTON (Reuters) - U.S. economic growth cooled in the fourth quarter as previously reported and [...]
BRUSSELS (Reuters) - Greece is unlikely to exit the euro, either intentionally or accidentally. But [...]
NEW YORK (Reuters) - U.S. stocks edged up on Friday, with major indexes trying to avoid falling ever [...]
NEW YORK (Reuters) - U.S. consumer sentiment fell month-over-month in March, a survey released on Fr [...]
DETROIT (Reuters) - Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary a [...]
(Story corrects Cavanagh's title in fifth paragraph to co-chief operating officer from chief op [...]
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
An $8bn deal with ChemChina puts one of Italy's oldest household names into Chinese hands. But, [...]
Before some regional markets close for the Easter holidays, Japan and South Korea report industrial [...]
Post Tagged with: "New York Times"
Business Ideas – How to Sell Something Like P.T. Barnum by Evan Carmichael Evan Carmichael discusses how you can sell, promote, and showcase your business like America’s greatest showman, P.T. Barnum. “Without promotion something terrible happens… nothing!” — P.T. Barnum Phineas Taylor Barnum (July 5, 1810 — April 7, 1891) was an American showman, businessman, and entertainer. Above all else, P.T. Barnum was a salesman and promoter who knew how to get people talking. Today, the legacy of his work lives on in the Ringling Bros. and Barnum & Bailey Circus, still billed as ‘The Greatest Show on Earth.’ When P.T. Barnum first launched his business, there was heavy competition as many entrepreneurs had set up their own traveling road shows. He knew that in order for his circus to succeed he needed to get people excited about it by being extremely different from everyone else. Action Item #1: Sell Something Unique How do you really stack up against your competitors? Are you honestly that different? If you are an average company with an average product selling at an average price then guess what you get? Average results. To be successful you need to have a point (or points) of differentiation. It has to be something that is noticeable to people who don’t understand your industry. In the circus business you have to get good performers and P.T. Barnum went out of his way to find the best. From the Fiji Mermaid to Siamese twins Chang and Eng Bunker to General Tom Thumb the Midget P.T. Barnum had a unique product that none of his competitors could match. Think about if a potential customer found your website and five of your competitors’ websites. Would they get the feeling that you are very different from the others? Be honest with yourself and if the answer is “not really” then it’s time to get to work on creating an offering that is truly unique in your industry, Action Item #2: Promote, Promote, Promote You can have the greatest product or service in the world but if nobody knows about it, your business won’t last very long. Whatever market you’re selling to is likely full of competitors. Even if you have a better quality product or service, your competition can get more business than you if they promote themselves properly. To be a successful entrepreneur you need to both provide an outstanding offering (Action Item #1) and promote it so everybody knows about it. One of my favourite quotes from P.T. Barnum is “Without promotion something terrible happens… nothing!” If you’re not out promoting and selling your product then your competitors are taking your customers from you even if you can provide them with a better option. If you’re not out promoting then you lose and your customers lose. Promoting your business doesn’t have to be expensive and you don’t have to be a great people-person. You just have to […]
Business Ideas – 3 Success Lessons from Madam CJ Walker by Evan Carmichael Today we are taking a look at a woman that started out life in a slave family. After slavery ended, this woman would build a business and become the first self-made woman millionaire in the United States. This is the story of hair care and cosmetics business entrepreneur Madam C.J. Walker and the top 3 lessons that you can learn from her success. “I had to make my own living and my own opportunity. But I made it! Don’t sit down and wait for the opportunities to come. Get up and make them.” – Madam C.J. Walker Madam C.J. Walker was born Sarah Breedlove (born December 23, 1867) in Delta, Louisiana. Born into a slave family, Walker rose from her humble beginnings to establish herself as the first self-made woman millionaire in America. After experiencing a personal setback, Walker turned her fate around and used that setback to create a fortune. At a time when most African Americans were struggling to find work, Walker pioneered her way to the top of the hair care and cosmetics industries. Walker would face a host of tragedies throughout her life, such as losing her parents when she was very young, losing her first husband, marrying two more times, but none of these tragedies is what made her look to start her own business. In 1904, crisis would again strike Walker’s life. She had been working so hard and eating so poorly that she began losing her hair. She tried product after product to try and help save her hair, but nothing worked. Later that year, Walker attended a seminar that would change the course of her life and make her do something about her problem. Walker credits God with having given her the special hair remedy that would launch her business. God, however, could not do anything about the fact that there was already another entrepreneur selling similar products in St. Louis. Not wanting to face the competition head on, Walker decided to take her show on the road. In 1913, Walker bought a house in Harlem and decided to make it her company’s new headquarters. Slowly, the company continued to grow and by 1917, annual conventions were being held by Walker’s agents to train new and old recruits. By the time Walker died in 1919, she was 51 years old and one of the richest women in the country. Action Item #1: Don’t Let Your Situation Be an Excuse Action Item #2: Act on Crisis, Don’t Accept It Action Item #3: Make Perseverance Your Motto True Story In 1917, Walker commissioned a 34-room mansion to be built for her on the Hudson River. It was her dream house, something she had worked for years to be able to afford. But when area residents found out who their new neighbor was going to be, they were less than happy. […]
Business Ideas – 3 Lessons from Robert Kiyosaki by Evan Carmichael Today we’re going to look at how a Vietnam veteran failed with two separate businesses but was determined to become a successful entrepreneur and not have to work for someone else. He would eventually become one of the most successful business writers of all time. This is the story of Rich Dad Poor Dad creator Robert Kiyosaki and the top 3 lessons that you can learn from his success. “The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.” – Robert Kiyosaki Robert Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author, motivational speaker, and financial literacy activist best known for his “Rich Dad Poor Dad” book series. After serving in the Marine Corps as a helicopter gunship pilot during the Vietnam War, Kiyosaki returned home to work as a salesman for Xerox. Not wanting to work for someone else for the rest of his life, Kiyosaki had dreams of starting his own business. After unsuccessful stints selling Velcro wallets and T-shirts for heavy metal rock bands, Kiyosaki began promoting the personal growth seminars of Marshall Thurber called “Money & You.” When Thurber decided to retire, Kiyosaki took over the business and began traveling the world to educate people about financial strategies. To reach more people he decided to write his first book which he self-published, “Rich Dad Poor Dad.” Robert Kiyosaki has written over 15 books and has sold over 26 million copies. 3 of his books have been on the best sellers lists of The Wall Street Journal, USA Today, and the New York Times simultaneously and he’s a sought after speaker who continues to educate people on how to understand their money. Action Item #1: Make Your Money Work Hard Action Item #2: Mind Your Own Business Action Item #3: Work to Learn, Not for Money True Story There was once a friend of Kiyosaki’s whose 16 year old son desperately wanted a new car. His friends had all been given one by their parents, and now this son expected nothing less. But, it was not going to be that easy for the boy. His father had played Kiyosaki’s CASHFLOW board game and he wanted to teach his son a lesson in financial management. The father gave his son $3,000 but forbade him from using it to buy a car just yet. At the same time, he gave his son a subscription to the Wall Street Journal. The father told his son that only once he had earned an additional $6,000 from investments could he then use $3,000 to buy a car. The rest of the money would of course go into his college fund. “My friend said it was the best $3,000 he ever spent,” says Kiyosaki. “Not only had his son gained a new […]
The shocking truth about your health: Lissa Rankin Lissa Rankin, MD is an OB/GYN physician, author, keynote speaker, consultant to health care visionaries, professional artist, and founder of the women’s health and wellness community OwningPink.com. Discouraged by the broken, patriarchal health care system, she left her medical practice in 2007 only to realize that you can quit your job, but you can’t quit your calling. This epiphany launched her on a journey of discovery that led her to become a leader in the field of mind/body medicine, which she blogs about at OwningPink.com and is writing about in her third book Mind Over Medicine: Scientific Proof You Can Heal Yourself (Hay House, 2013). She teaches both patients and health care professionals how to make the body ripe for miracles by healing the mind and being healthy in all aspects of life, not just by promoting healthy behaviors like good nutrition, exercise, and adequate sleep, but by encouraging health and authenticity in relationships, work, creative expression, spirituality, sexuality, finances, and living environment. She is leading a revolution to feminize how health care is received and delivered by encouraging collaboration, fostering self-healing, reconnecting health care and spirituality, empowering patients to tap into the mind’s power to heal the body, and encouraging women not to settle for being merely well, but to strive for living vital, joyful, authentic lives full of “mojo.” When not spreading the word, she chills out, paints, does yoga, and hikes in Marin County, CA with her husband and daughter.
Shawn Achor – “The Happiness Advantage: Linking Positive Brains to Performance” Shawn Achor is the winner of over a dozen distinguished teaching awards at Harvard University, where he delivered lectures on positive psychology in the most popular class at Harvard. His research and lectures on happiness and human potential have received attention in The New York Times, Boston Globe, The Wall Street Journal, as well as on NPR and CNN Radio, and he travels around the United States and Europe giving talks on positive psychology to Fortune 500 corporations, schools, and non-profit organizations. Achor graduated magna cum laude from Harvard with a BA in English and Religion and earned a Masters degree from Harvard Divinity School in Christian and Buddhist ethics. Now he is the CEO of Aspirant, a Cambridge-based consulting firm which researches positive outliers-people who are well above average-to understand where human potential, success and happiness intersect. Based on his research and 12 years of experience at Harvard, he clearly and humorously describes to organizations how to increase happiness and meaning, raise success rates and profitability, and create positive transformations that ripple into more successful cultures. In Shawn’s presentation, he says that most modern research focuses on the average, but that “if we focus on the average, we will remain merely average.” He wants to study the positive outliers, and learn how not only to bring people up to the average, but to move the entire average up.
Exclusive interview of Larry Page & Sergey Brin – Co-founders Google Inc
/ Billionaire News, Biography, Business Values, CEO, Company News and Insights, Entrepreneur, Future, Game Changers, Internet, Leadership, Sergey Brin & Larry Page, Starting a Business, Technology Resources, Trends, Visionary
Bloomberg Game Changers – Sergey Brin & Larry Page Google Bloomberg Game Changers – Sergey Brin & Larry Page Google Full Story, Learn from the founders of Google, how the they turned a garage project to a global tech giant. But it wasn’t easy.
Inventing Digital Civil Society: Lucy Bernholz Lucy Bernholz is a philanthropy wonk. She is trying to understand how we create, fund, and distribute shared social goods in the digital age — what she calls The Future of Good. She writes extensively on philanthropy, technology, information, and policy on her award-winning blog, philanthropy2173.com. This work led The Huffington Post to hail her as a “game changer.” In 2011 Bernholz sold her company, Blueprint Research + Design, to Arabella Advisors. Bernholz is a visiting scholar at the Stanford University Center on Philanthropy and Civil Society, a Fellow with the Hybrid Reality Institute and former Fellow of the New America Foundation. Among other advisory roles, Bernholz serves on the Board of The Craigslist Foundation, on the NeXii Industry Standards and Advisory Board, and is an advisor to the Center for Digital Information. She is a frequent conference speaker and an oft-quoted media source for NPR, The New York Times, The Wall Street Journal, and The Economic Times of India. She is the author of numerous articles and books about the business of giving, including the Blueprint Series of Annual Industry Forecasts on Philanthropy and Social Investing, the 2010 publication Disrupting Philanthropy, and her 2004 book Creating Philanthropic Capital Markets: The Deliberate Evolution. She has a B.A. from Yale University, where she played field hockey and captained the lacrosse team, and an M.A. and Ph.D. from Stanford University.
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
Analysts initially predicted Floyd Mayweather would make $100 million to fight Manny Pacquiao. That [...]
These insanely rich people once had millions and billions and lost it all. Who are they? How... in t [...]
With two other bidders gunning for the mansion of his dreams, Manny Pacquiao made the sellers an off [...]
Word on the street -- W 24th Street -- is that Carmelo Anthony and La La Anthony dropped $12 Million [...]
The New York Yankees are the most valuable team in baseball. They have also proven to be an incredib [...]
Buffy Sainte-Marie net worth: Buffy Sainte-Marie is a Canadian-American singer-songwriter, musician, [...]
Andrei Konchalovsky net worth: Andrei Konchalovsky is a Russian-American film director, producer, an [...]
Raw Leiba net worth: Raw Leiba is an American actor, stuntman, and model who has a net worth of $300 [...]
Lisa Nichols net worth: Lisa Nichols is an American businesswoman, entrepreneur, motivational speake [...]
Reuters Wealth News
NEW YORK (Reuters) - Investors around the world pulled over $6 billion from stock funds in the week [...]
NEW YORK (Reuters) - Fewer Americans seeking higher credit were rejected over the last 12 months, an [...]
(Story corrects Cavanagh's title in fifth paragraph to co-chief operating officer from chief op [...]
LONDON (Reuters) - Goldman Sachs became the top commodities bank last year, overtaking rival JP Morg [...]
NEW YORK (Reuters) - Gather round because here is today's personal-finance lesson inspired by f [...]
(Reuters) - Brokerages are rolling out software to help financial advisers with a challenge that can [...]
ZURICH/LONDON (Reuters) - Switzerland's Union Bancaire Privee (UBP) is buying the international [...]
(Reuters) - Art insurer AXA Art Americas Corp appointed Robert Pittinger senior vice president and d [...]
NEW YORK (Reuters) - Big Wall Street banks are so upset with Democratic Senator Elizabeth Warren [...]
MUMBAI/NEW DELHI (Reuters) - India's biggest airline by market share, IndiGo, is preparing to f [...]
MarketWatch Personal Finance
An airplane tragedy, the Kraft-Heinz deal and fighting in Yemen led the news. [...]
More celebrities and politicians are talking about their school loans. [...]
The Health Care sector continues its ascent even as the benchmark index stumbles, writes Phil van Do [...]
The bad news is we just finished lower for a fourth straight session. The good news: Hey, at least t [...]
Jeff Reeves offers seven reasons to buy Facebook, despite its high price. [...]
I’m self employed and people often want to know what I earn exactly. How do I not answer their probi [...]
Here’s how to resist temptation and ultimately keep more money in your pocket. [...]