This week’s highlights: Connoisseurship, Lumber Mania, Billie Eilish
Happy Friday and Mother’s Day!
Original Content of mine this week:
- Poor Behavior (Not Thinking) Limits Success in Family Enterprise If we agree that the family enterprise is a system, why do we so rarely behave as if that is the case?
- Podcast – The Thoughtful Entrepreneur I was interviewed on this podcast recently
Food for Thought
- FDB – Annoying Connoisseurs Make Things Better for the Rest of Us you may not like coffee guys but you like the coffee, guys
- TheGuardian – ‘I was addicted to the high’: I became an influencer as a joke – then it nearly broke me
- TheAtlantic – The Unspoken Wedge Between Parents and Grandparents Each generation has its own norms for parenting. Arguing over the differences can be an emotional minefield.
- WSJ – Trapped Aboard an Abandoned Cargo Ship: One Sailor’s Four-Year Ordeal The MV Aman was seized near the Suez Canal in 2017. Years later, its chief mate was still on board, all alone.
- Chronicle of Higher Ed – The Crushing Contradictions of the American University Our blind faith in the transformative power of higher ed is slipping. What now?
- II – Why Traditional Bond Managers Should Pay Attention to This Blackstone Deal With the purchase of DCI, the private equity giant is quietly transforming the credit business.
- Vox – Lumber mania is sweeping North America A lumber frenzy has taken over homebuilding, Home Depot, and the internet
- GD – What’s going on here, with this human?
- NYT – Welcome to the YOLO Economy Burned out and flush with savings, some workers are quitting stable jobs in search of postpandemic adventure.
- WSJ – Auto Makers Retreat From 50 Years of ‘Just in Time’ Manufacturing
Culture / Tech / Science
- OHE – What Does “Becoming More Senior” Really Mean? In shaping a career, few questions are as important as how to become more senior.
- Engadget – IBM says it has created the world’s first 2nm chip The company claims 2nm processors can use 75 percent less power than 7nm-based CPUs for the same performance.
- RB – Dave Grohl: “Billie Eilish is the Kurt Cobain of This Generation” – He’s Right
- TheAtlantic – A Year Without Germs Months of exuberant hand-sanitizing and social isolation during the pandemic have changed our exposure to microbes, in ways good and bad.
When Anything is Possible – Wealth and the Art of Strategic Living
I wrote the book because of a problem I saw and experienced personally. As we pursue our dreams and achieve success, financial wealth is often a natural result.
Yet, the first steps we take to manage this wealth are focused on avoiding negative outcomes (unnecessary taxes, estate issues, losses in the stock market), rather than articulating what we actually want to do with our wealth.
The book is about how we shift from focusing on the things we want to avoid, to the things we want to accomplish with our wealth. Doing so requires a person to articulate 3 key items – Wealth Structure, Wealth Identity and ultimately a Wealth Strategy. The book walks through each of these items in great depth, and guides the reader through a process to develop each.
If you are interested in learning more, visit here and download a free chapter.