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Month: May 2012

Fred and Pete Go To Market

Originally published in Flourishing March 2012 I received an unsolicited email recently from the self-described marketing genius, Dan Kennedy.  Dan is a serial entrepreneur and a self-made multimillionaire.  Dan doesn’t have a college degree; in fact, he never attended college.  He inherited nothing from his family, but a strong work ethic.  However, this isn’t about Dan; or not just about Dan. In his email, Dan tells the story of a seventeen year old kid named Fred, who was scouting for a way to make some money beyond his minimum wage… Read more Fred and Pete Go To Market

What Do They Have in Common?

Originally published in Flourishing March 2012.      Sheldon Adelson Carl Berg Stephan Bisciotti Leon Charney John Paul DeJoria Larry Ellison Alan Gerry Alec Gores Harold Hamm  George Joseph  Kirk Kerkorian  Ken Langone  Ralph Loren  Carl Lindner, Jr.  David Murdoch  Thomas Peterffy  Howard Schultz  Kenny Troutt  Albert Ueltschi  Oprah Winfrey They range in age from fifty to ninety-three.  Most, but not all, were born in America.  They are all alive today, and still actively engaged in things that they love to do.  Some didn’t finish high school. Others dropped out of… Read more What Do They Have in Common?

A Notable March Birthday

Originally published in Flourishing March 2012. The American economist James Tobin was born on March 5, 1918.  He received the 1981 Nobel Prize “for his analysis of financial markets and their relations to expenditure decisions, employment, production, and prices.”   Tobin argued that one can’t predict the effect of monetary policy on output and unemployment simply by knowing the interest rate or the rate of growth of the money supply. Monetary policy has its effect, he claimed, by affecting capital investment, whether in plant and equipment or in consumer durables. And,… Read more A Notable March Birthday

The Essential Heroes: the One Percent

 Originally published in Flourishing March 2012 Thirty-odd years ago, I was working for W. J. Powell Construction Company in Beloit,Kansas.  “Dub” was a wonderful person and a fair employer.  The job wasn’t all that challenging, though, so I would take a book to work, and often used my lunch break to read biographies.  That’s when it started—that little fire in the belly that says, “You can do more.”  One of the books that I read during that period was Study in Power: John D. Rockefeller, Industrialist, Philanthropist, by Allan Nevins. … Read more The Essential Heroes: the One Percent