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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

Surprise! Green energy surged despite cheap oilHere is some good news about the environment: Investment into renewable energy surged in 2014, despi [...]

With craft beers growing in popularity, Yuengling is the new champ of that segment, according to the [...]

Buy me some peanuts and Pepsi stockIt's almost Opening Day for America's pastime! And who doesn't love baseball? [...]

The safest way to make your retirement savings lastWhenever I read about annuities, I wonder why you can't create one on your own without an insur [...]

Smart chef invents recipes to suit your tasteTired of eating the same thing for dinner? This computer will invent hundreds of new recipes to suit [...]

Where the Getty family fortune came fromRead full story for latest details. [...]

Pet Rock founder Gary Dahl dead at 78There may never have been a craze as stupid -- or as profitable -- as the Pet Rock. [...]

U.K. election: A scary prospect for businessBritain has just kicked off five weeks of campaigning in an election that presents a scary choice fo [...]

These tiny homes are full of big ideasWhen you're living in less than 200 square feet, every inch counts. [...]

You've never seen IRS penalties like theseRead full story for latest details. [...]

$30 bar tab could turn into $1,000 fineAn Idaho man's $30 bar tab could turn into $1,000 and a year of jail after he called 911 a tota [...]

Cheap gas is saving Americans $750. So far, they aren't spending itAmericans are saving hundreds on low gas prices this year. [...]

 

CNN Small Business News

The futuristic bed that locks the door, brews coffeeMeet Luna, the tech-enabled mattress cover that just raised over $1.1 million on Indiegogo. [...]

How tracking devices are keeping Alzheimer's patients safeThere are over 125,000 search-and-rescue missions for Alzheimer's patients every year. This tec [...]

Think there's a startup bubble? Bet $100K on it.Read full story for latest details. [...]

This startup could help thwart school bombingsRead full story for latest details. [...]

Meerkat announces $14 million in fundingLive streaming startup Meerkat announced via livestream that it raised $14 million in funding from i [...]

Meerkat who? Introducing PeriscopePeriscope, acquired by Twitter in January, lets users live broadcast from their mobile devices. [...]

The great tech debate: Are we in a bubble or not?Here's a roundup of where some powerful Silicon Valley investors stand. [...]

Think there's a startup bubble? Bet $100K on it.Y Combinator president Sam Altman says there's no bubble -- that companies like Uber, Dropbox a [...]

9 reasons to be hopeful about women in techThese startups are working to leverage technology to level the playing field for minorities and wome [...]

Wanted: Female entrepreneursStartup hub American Underground is aggressively courting women- and minority-led startups. [...]

Send your texts 25 years into the futureAn app released this month lets you send messages, pictures, videos and voicemails to friends and fa [...]

Biased job ads: This startup has a fixBehind cybersecurity, lack of diversity is the next issue threatening companies. Laura Mather, found [...]

 

CNN Money News

These tiny homes are full of big ideasWhen your home is 400 square feet or less, you have to get creative with the design. [...]

The safest way to make your retirement savings lastAn immediate annuity can insure that you won't outlive your retirement savings. [...]

Poor families spend $600 more on prom than wealthier onesLow-income families plan to spend more than 5% of their income on prom this year, according to a new [...]

You've never seen IRS penalties like theseRead full story for latest details. [...]

Half of Americans are saving next to nothingRead full story for latest details. [...]

Job interview? Beat the millennial stereotypeRead full story for latest details. [...]

The average tax refund is now $2,893The IRS has paid out more than $191 billion in refunds so far this tax season to 66.1 million filers [...]

It's getting harder to afford a homeRead full story for latest details. [...]

4 reasons to sell your home nowRead full story for latest details. [...]

Most middle-class kids fail to earn bachelor's degreesLots of attention is paid to college graduation rates of lower-income students, but many middle-clas [...]

The big profits of payday lenders may be overPayday loans come with interest rates of 100% or higher. The government wants to crack down. [...]

Take a private jet to your college tour -- for $43,000If you're one of the lucky few for whom college won't break the bank, or even make a dent [...]

 

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 [...]

Five crazy things Steve Ballmer has doneIn light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of [...]

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 [...]

Web browsers aren't fun anymoreMozilla updates Firefox, but is it enough to bring old users back? [...]

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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NEW YORK (Reuters) - U.S. stocks fell on Wednesday as a pair of weaker-than-expected economic indica [...]

(Reuters) - Wal-Mart Stores Inc is looking at how it sources its products, especially considering fa [...]

WASHINGTON (Reuters) - U.S. private employers added the smallest number of workers in more than a ye [...]

DETROIT (Reuters) - U.S. consumer demand for new vehicles began to thaw in March, with Detroit autom [...]

NEW YORK (Reuters) - The world's biggest automakers increasingly are making money by producing [...]

U.S. construction spending unexpectedly fell in February and the prior month's outlays were rev [...]

 

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

The CEO of Lufthansa has promised to help the families of the Germanwings plane crash victims for as [...]

Greece expects to reach a deal with its euro zone partners and the IMF next week on a package of ref [...]

Increasing numbers of Japan's ageing population are dying alone and often undiscovered for week [...]

 
 

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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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!

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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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Lugen Family Office Proudly Supports AIP

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MarketWatch Personal Finance

The average advisory fee now tops an unjustifiable 1%, says Cullen Roche. [...]

Companies ready to adopt new rules at original 2017 deadline allowed to if they choose. [...]

The industry throws off a lot of cash, which feeds dividend increases and share-price outperformance [...]

Most trail index funds over periods as short as three years, writes Phil van Doorn. [...]

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