This week’s highlights: The Economy Since WWII, Workers Becoming Entrepreneurs, and How Netflix’s Network Works
Issue 450
Happy Friday!
Hope you have had a great week!
Original Content:
- The Primary Risk for G1 Wealth Creators Starting a Family Office. For the G1 wealth creator starting a family office – it is the family office that will become the first true ‘family’ business.
Best,
David
Food for Thought
- MH – How This All Happened – Credit GR – This is a short story about what happened to the U.S. economy since the end of World War II.
- OHE – On Turning Fifty. – A thoughtful reflection
- LA Times – They set out to hike three of America’s longest trails in less than a year. What could go wrong?
- WSM – I Wanted to Raise My Kids Middle Class. The Problem Was We Weren’t Middle Class Anymore. Like many high-achieving immigrants, the writer Shoba Narayan wrestled with a thorny question after she struck it big in North America: Can you pass on your middle-class values to your children even if they’re not, well, middle class?
- PP – Why Writing Letters to Your Kids Is the Best Gift You Can Give Them as Adults
Business
- SRVH – Lessons from a Pedal Tavern: Why You Need a Good Operating Agreement – only in Nashville…
- WSJ – Workers Quit Jobs in Droves to Become Their Own Bosses. Seeking flexibility or escape from corporate bureaucracy, employees discover their inner entrepreneur
- Mercer – Family Business Dividend Survey Results. This is one of the most important data sets for the family business community to focus on b/c it highlights how much families reinvest into their businesses.
- Worth – How Serena Williams Is Making Massive Social Impact Through Venture Capital. With over 50 portfolio companies with a $33 billion market cap and 60 percent diverse founder investments, Serena Ventures is making waves in the venture capital world by investing in mission-driven companies.
Culture / Arts/ Tech / Science
- TheVerge – A Look Under the Hood of the Most Successful Streaming Service on the Planet. Netflix’s secret sauce is something none of us ever see
- Wired – The McDonald’s Ice Cream Machine Hacking Saga Has a New Twist. The cold war between a startup and a soft-serve machine manufacturer is heating up, thanks to a newly released trove of internal emails.
- AG – How a Formula 1 Race Car Works
- NSN – Study Finds Brain Lesions on MRI Linked to Years of Playing Football – In case you are looking for yet another reason to not let your children play tackle football.
- Aeon – Inside your dreamscape Dream-hacking techniques can help us create, heal and have fun. They could also become tools of commercial manipulation
Last Week’s Most Popular
- SNL – Man Park – As John Mulaney remarked, “I think that’s the greatest miracle of Jesus. He has 12 best friends in his thirties, and they weren’t his wife’s best friends’ husbands.” –
- Guardian – What lies beneath: the secrets of France’s top serial killer expert. An intrepid expert with dozens of books to his name, Stéphane Bourgoin was a bestselling author, famous in France for having interviewed more than 70 notorious murderers. Then an anonymous collective began to investigate his past
- FCS – Wealth and The Irony of Ownership. The implied contradiction between a society that promotes ownership on the one hand, but has tax and other incentives that discourage ownership is worth considering more deeply.
My Book:
When Anything is Possible – Wealth and the Art of Strategic Living
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.