Though he was past traditional retirement age, he was living every businessperson’s dream. A healthy company. A strong management team. The freedom to come and go. “Maybe it’s time,” he told me. “Time to pass on my business to my adult children—even though they’re not actually in the business. I’m thinking that if they’d just […]
Four Components of a Good Succession Plan Read More »
Each Thanksgiving, I’m reminded of all the benefits that come from giving thanks. In fact, Howard Hendricks used to recommend “Thanksgiving Therapy.” He suggested writing the phrase “I’m thankful for…” on a pad of paper, then listing all the specific reasons you’re grateful. It’s a powerful exercise. Try it and you’ll discover—as I have—that Dr.
On the Simple Act of Giving Thanks Read More »
It was a 10k race, but at the 9k mark, I was gasping for air. My lungs were on fire. My legs were screaming at me to quit. Except that I had only one more hill to go. If I could climb it—honestly, it looked like Everest—I’d be close to the final turn where the
When the Finish Line Gets Moved Read More »
In my last column we looked at the difference between affluence and wealth. My simple definition of affluence is “your income relative to everyone else’s.” If you make $36,000, you qualify as an average Joe – you’re right in the middle of the income numbers for the rest of the country. However, someone making $36,000
6 Essentials for a Life of Wealth Read More »
“We’re gonna be rich!” Don bellowed as he beat his fist against the steering wheel. He drove a white Lincoln Continental with burgundy leather interior. It was longer than most living rooms and at that moment was lumbering down I-55 from St. Louis to Jackson, MS. The windows were down and his heart was full.
Who is Really Rich – the Affluent or the Wealthy? Read More »
Speak with an Advisor