Category: Motivation

Business, Family Governance, Family Legacy, Motivation, Retirement Planning

Handling Sudden Wealth: A Guide to Protecting, Managing and Utilizing Sudden Wealth 

If you are a person that has just had the experience of a “sudden wealth” event, congratulations and be careful. The experience of sudden wealth, whether it is a sizable inheritance, a legal settlement, a business-related windfall, or a lottery win, is a life changer. It can be a blessing or a curse depending on how well you prepare yourself emotionally and financially. Sudden wealth requires careful consideration and planning.

Business, Family Governance, Family Legacy, Motivation, Retirement Planning

Begin the Journey of Developing a Family Legacy with a Family Retreat 

In my previous article, “Preserving Family Wealth is a Generational Effort,” I mentioned that “Wealth equals capital, which equals potential (Wealth = Capital = Potential).”  In other words, a healthier way to view family wealth, is to view it as capital that can be applied in a way that maximizes the well-being, purpose, love, productivity, family unity, and the positive impact the family can have on the community and causes that are near and dear to them. These attributes are capitalized on when a Family Legacy focuses on the three forms of family wealth (or capital), which are financial capital, human capital, and intellectual capital.

Business, Family Legacy, Motivation, Retirement Planning

Preserving Family Wealth is a Generational Effort 

Wealth within a family can be a double edged sword. It can serve as an incredible resource to benefit its family members, but it can also be destructive and divisive. Destructive in the sense that if not properly tended to and respected, wealth can destroy the purpose and outcomes of individual family members, and divisive in the sense that it can damage the bond between family members and cause a splintering of the family.

Motivation

Live Each Day to the Fullest 

Live Each Day to the Fullest – by S.H. Payer A good friend of mine read this poem about living life, to me. It was written many years ago, and it really says it all. Here it is: Live each day to the fullest. Get the most from each hour, each day, and each age of your life. Then you can look forward with confidence, and back without regrets. Be yourself, but be your best self. Dare to be different…

Motivation

Embracing the Principles of “Natural Law” for Improving Ourselves, Our Lives, and the Lives of Others 

The study of “Natural Law” seems to be something of the past. It is surprising that it isn’t really a common topic in high school philosophy classes, and even in college classes. However, for those who are familiar with the concept of “Natural Law”, know that its principles are inescapable within our existence. Understanding it and applying it within our lives can prove to be very beneficial towards our achievements, our relationships, and our happiness. Natural laws affect our lives,…

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