One of the commonest questions we get is ‘what is legacy?’ Let’s answer that in this podcast. Transcript: Few of us are comfortable with the idea that we live, we die and that’s it. We want to believe there is a purpose in life and that we will make a mark of some kind, perhaps […]
When someone like Harvard professor Michael Porter (above) says “Billions are wasted on poor philanthropy”, you know there’s a problem. He goes on: “Philanthropy is decades behind business in applying rigorous thinking to the use of money.” What’s more, billionaires spend an average of $180m over their lifetime on causes they care about , according […]
It may be a rich man’s – or woman’s – world. But money alone is not enough. Michael Cole’s book More Than Money explores the meaning of wealth for families and their advisors. Dr David Singleton is sitting at the desk in his home office with a blank pad of paper and a beautiful pen. […]
Wealthy individuals need to ask themselves three questions when thinking about their legacy, says Alice Korngold, consultant, author, and former facilitator to the Clinton Global Initiative. 1) What’s broken that you’re concerned about? 2) Where are effective solutions that you want to support? 3) And how can you add value? People may be able to […]
Every leader of an entrepreneurial business has dreams. So what do you dream of? In this podcast, Steven Sonsino shares the journey of the late Rami Makhzoumi, who became CEO of his father’s company at the age of just 23. Sadly he died suddenly at the age of 33. But his legacy lives on. Do […]
Steven was invited to share some thoughts on legacy with the new class of Executive MBA students at Notre Dame in Chicago. It’s an informal session and Steven takes the opportunity to challenge the young executives to think bigger and be impatient. Thanks for listening to the show This is a labour of love for […]
Wealthy families are asking family offices to help them make their charitable giving more effective and help them build a stronger legacy. But not all family office executives are experts in analyzing philanthropy, so what should they do? Bjørn Lomborg, president of the Copenhagen Consensus Center, says the first thing is to work out how […]
So if you’re going to build a legacy, don’t build a soup-kitchen. Build an incubator. Or a cloning machine. In this podcast we show you 5 things you can learn from Virgin Unite, the NGO set up by Sir Richard Branson to do good by doing business. He compiles it all into a manual, disguised […]
John Elkington describes himself as ‘grit in the corporate oyster’. He’s also the doyen of sustainability so is well worth listening to when you’re trying to decide how unreasonable you should be. (George Bernard Shaw said all progress is made by unreasonable people… so we need more of them, says Elkington.) Now he’s working on […]
Watch any news bulletin and you’ll see we’re facing social change on a global scale. Natural disasters with alarming regularity. War zones. New diseases like the Zika virus and Ebola. All very complex to solve. The bad news is that governments are scaling back their investment in foreign and domestic aid, cutting back on education […]
There are five stages that people tend to go through on the journey to building their life’s dream – on the way to building a legacy – and we wonder where you’re at on this journey. The reason we’re asking is that where you are in the development of your legacy determines where your primary […]