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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them

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“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

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Center for Family Conversations

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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

Facebook updates a logo you won't really seeBrace yourself. Facebook has quietly updated its 10-year-old logo, switching to a new custom typefac [...]

Saudi prince pledges $32 billion to charitySaudi Arabian Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud -- who made billions investing in Ameri [...]

5 reasons Millennials aren't like the rest of usRead full story for latest details. [...]

Siri's best Easter eggsWarning: Apple's Siri is the queen of sass. [...]

Cops hate this gun-shaped iPhone casePolice are up in arms over an iPhone case that's shaped like a gun. [...]

White House crackdown on for-profit colleges begins todayRead full story for latest details. [...]

'Dukes of Hazzard' episodes pulled from TV LandBo and Luke Duke are no longer flying through Hazzard County on TV Land. [...]

 

CNN Small Business News

The man who wants to save the beesRead full story for latest details. [...]

He's got killer instinct for hot tech startupsJohn Lilly, partner with Greylock Partners, has an enviable success record of investing in tech star [...]

Making it in the U.S.A.Brooklyn-based startup Maker's Row aims to connect U.S. manufacturers with entrepreneurs from a [...]

The best country for women entrepreneurs is....These are the countries where women entrepreneurs with the highest potential to create jobs and grow [...]

You'll never have to search for a parking spot againCircling for parking adds to congestion, bad air quality and traffic accidents. Parkifi is trying to [...]

The SimplifiersAre people lazy? Well, they certainly like companies that make it easy for them, and these seven sta [...]

Richard Branson picks startup winnersRichard Branson picked these three businesses as his favorite in the final of the "Pitch to Ric [...]

 

CNN Money News

White House crackdown on for-profit colleges begins todayStarting Wednesday, the Department of Education will make sure students don't take on more debt [...]

Retirement advice from a Boomer to a MillennialHere are four ways you can assist your young colleagues in preparing for retirement. [...]

Businesses rail against Obama's overtime rule changeThree powerful business lobbies push back against President Obama's overtime rule changes that [...]

No more free checked bags on JetblueJetBlue passengers will have to pay to check their bags on the airline, either by purchasing a ticke [...]

4 ways the new overtime rules may affect your paycheckMillions of people may soon become newly eligible for overtime pay. That could mean more money for s [...]

These cities have the world's most expensive beerThe world's most expensive cities for beer range from European capitals to financial centers in [...]

Obama wants to make 5 million more workers eligible for overtimeRead full story for latest details. [...]

 

Fortune Magazine

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Reuters Business News

HONG KONG (Reuters) - Asian shares lost early steadiness and Chinese stocks got off to a weak start [...]

SHANGHAI (Reuters) - Chinese stocks fell on Thursday in another highly volatile session even as regu [...]

WASHINGTON (Reuters) - One day after Greece became the first developed economy to default on a loan [...]

MONTERREY (Reuters) - ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs [...]

SAN FRANCISCO (Reuters) - PayPal Inc said it would buy digital money transfer provider Xoom Corp for [...]

(Reuters) - Macy's Inc said on Wednesday it would end its business relationship with Donald Tru [...]

WASHINGTON (Reuters) - Deloitte & Touche LLP will pay more than $1 million to settle charges tha [...]

 

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 [...]

NEW YORK (Reuters) - The U.S. dollar hit a 1-1/2-week low against the safe-haven yen on Tuesday afte [...]

BUENOS AIRES (Reuters) - Crunch time for Argentina fixing its debt default will almost certainly not [...]

 
 

Post Tagged with: "Path of Least Resistance"

 
  • Recommended Reading: Life Is What You Make It: Find Your Own Path to Fulfillment By Peter Buffett

    Recommended Reading: Life Is What You Make It: Find Your Own Path to Fulfillment By Peter Buffett

    From composer, musician, and philanthropist Peter Buffett comes a warm, wise, and inspirational book that asks, Which will you choose: the path of least resistance or the path of potentially greatest satisfaction?   You may think that with a last name like his, Buffett has enjoyed a life of endless privilege. But the son of billionaire investor Warren Buffett says that the only real inheritance handed down from his parents was a philosophy: Forge your own path in life. It is a creed that has allowed him to follow his own passions, establish his own identity, and reap his own successes.   In Life Is What You Make It, Buffett expounds on the strong set of values given to him by his trusting and broadminded mother, his industrious and talented father, and the many life teachers he has met along the way.   Today’s society, Buffett posits, has begun to replace a work ethic, relishing what you do, with a wealth ethic, honoring the payoff instead of the process. We confuse privilege with material accumulation, character with external validation. Yet, by focusing more on substance and less on reward, we can open doors of opportunity and strive toward a greater sense of fulfillment. In clear and concise terms, Buffett reveals a great truth: Life is random, neither fair nor unfair.   From there it becomes easy to recognize the equal dignity and value of every human life—our circumstances may vary but our essences do not. We see that our journey in life rarely follows a straight line but is often met with false starts, crises, and blunders. How we push through and persevere in these challenging moments is where we begin to create the life of our dreams—from discovering our vocations to living out our bliss to giving back to others.   Personal and revealing, instructive and intuitive, Life Is What You Make It is about transcending your circumstances, taking up the reins of your destiny, and living your life to the fullest.   Some Key Ideas: Economic prosperity may come and go; that’s just how it is. But values are the steady currency that earn us the all-important rewards of self-respect and peace of mind. Our values guide our choices; our choices define who we are. Life is what we make it. No matter who your parents are, you’ve still got your own life to figure out. There is a famous quotation from the Book of Luke that was taken very seriously in our family: From those to whom much has been given, much is expected. …at the start of our lives, no one deserves anything. No one deserves to be rich or poor, privileged or oppressed, healthy or challenged. No one deserves good parents or bad. These are things that happen randomly to the life that has just begun. They are neither fair nor unfair; they simply are. Self respect can come only from earning your own reward. …psychologist Dr. Madeline Levine, author of The Price of Privilege. […]

     
  •  
  • Closing the Gap Between Where You Are and Where You Want To Be

    Closing the Gap Between Where You Are and Where You Want To Be

    In the majority of projects that I work on, whether they be for businesses or helping families live their dreams, the two biggest challenges that I normally encounter are 1) lack of clarity of what is really wanted; and 2) not understanding that structural dynamics need to be addressed to actually accomplish the new vision.   In regard to lack of clarity, if you do not know what you want, there are millions of ideas constantly bombarding you each day from other people that will continually take you off track from living your dreams. Unfortunately, I find this is true whether you are rich or poor. Therefore, if Clarity is an issue, you must first focus on your own inward journey of self-discovery before embarking on your outward journey of manifesting your desired results.   In regard to structural dynamics, imagine that you are a farmer with a river flowing through your land. Although you can use the water from the river to nourish your crops, the riverbed is fixed on how the river flows through your land. Problem solving only helps with strategies of pulling water from the river but does nothing to resolve the fundamental structure of the existing riverbed.   In his book, The Path of Least Resistance, Robert Fritz explains problem solving this way:   “At best, problem solving can bring temporary relief from a specific situation, but it seldom leads to final success….The path of least resistance in problem solving is to move from worse to better and then from better to worse again. This is because the actions taken are generated by the problem. If the intensity of the problem is lessened by the actions you took, there is less motivation to take further actions.”   Another way to look at this scenario is as follows: The problem leads to action to solve the problem leads to less intensity of the problem leads to less action to solve the problem leads to the problem remaining. The psychologist Carl Jung said the following: “All the greatest and most important problems of life are fundamentally insoluble…They can never be solved, but only outgrown. This “outgrowth” proved on further investigation to require a new level of consciousness. Some higher or wider interest appeared on the patient’s horizon, and through this broadening of his or her outlook the insoluble problem lost its urgency. It was not solved logically in its own terms but faded when confronted with a new and stronger life urge.” Therefore, if you focus on what you truly value and what you really want, you can use the creative process to manifest your desires. As Robert Fritz goes on to say, “creators not only imagine or envision, they also have the ability to bring what they imagine into reality. Once a creation exists, an evolutionary process can take place. Each past creation builds a foundation for the next creation.” Therefore, the key question really is “what do you want to create?” 

     
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ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON FINANCE AND WEALTH MANAGEMENT

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ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON PHILANTHROPY

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The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 5,400 Complimentary Posts On Key Factors To Build A Profitable and Sustainable Business!

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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.

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Reuters Wealth News

NEW YORK (Reuters) - DoubleLine Funds, whose co-founder Jeffrey Gundlach is widely followed for his [...]

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MADRID (Reuters) - U.S private equity fund Blackstone is helping some borrowers in Spain meet mortga [...]

NEW YORK (Reuters) - U.S. syndicated loan issuance bounced in the second quarter from the two-and-a- [...]

NEW YORK (Reuters) - Star bond fund manager Bill Gross will be getting help running his struggling J [...]

NEW YORK (Reuters) - With four kids between the ages of 1 and 12, Loralee Leavitt is a cost-savings [...]

BOSTON (Reuters) - BlackRock Inc plans to add 11 new funds to its lineup of iShares currency-hedged [...]

LONDON (Reuters) - Horizon Capital Management has suspended a hedge fund running almost a third of i [...]

(Reuters) - Blackstone Group LP is seeking to restructure some of the 6.4 billion euros ($7.13 billi [...]

(Reuters) - A BNP Paribas SA unit must pay $16.6 million to a London-based couple in a dispute stemm [...]

 

MarketWatch Personal Finance

Xoom Inc.’s deal to be acquired by PayPal for $890 million will also reunite the international money [...]

On Monday, a confluence of foreign news served to put a bit of fear in the U.S. stock market. [...]

MarketWatch interviewed Kim Kardashian about how she handles all her money. Here are the takeaways. [...]

The New York Times ran a recipe in its Cooking section Wednesday that recommends adding fresh Englis [...]

The Trump Hotel Collection is suffering a credit card breach that extends back to at least February [...]

An exclusive Q&A with Kim Kardashian on what she does with all her money. [...]

Greek-Americans worry for their relatives, share their support from afar. [...]

Colleges and their graduates have to meet certain regulations to qualify for federal funding. [...]

 
 
 
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