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I once knew a man who worked for a major oil company. He managed a large wholesale territory that sold fuel and oil products to airlines and other big accounts. Some years ago, the company decided to pull out of his territory. They offered him the opportunity to buy the wholesale business “for a song,” which he readily accepted. He worked diligently and set specific financial goals for his company. He committed these goals to writing on 3x5 cards and kept them in his shirt pocket so he could frequently review them. Everything he did with that business was aimed at fulfilling these goals.
Three tech-savvy students have redesigned a BYU rite of passage: the search for Provo housing.
The Marriott family is particular about what they attach their name to. Marriott believes that young people with good values and strong character will be the essence of business success in the future.
Coming up with the tagline "Marriott 25" was simple. But the task—twenty-five thousand hours of service—was Monumental. With a capital M.
Preparedness has been preached by the Boy Scouts, the federal government, and Dwight Schrute (remember that episode where he sets the office on fire?). And there are far too many cautionary tales of people and businesses that failed to prepare and faced tragic consequences when disaster struck.
A word of advice to the newest graduates of the School of Accountancy: learn to take a good ribbing—because while you may have just earned a coveted degree from a top-ranked accounting program, you’ve also just entered one of the world’s most-stereotyped professions.
Growing a garden isn’t all weed pulling and sweat. It’s a boon for your health—not to mention your dinner table. In fact, gardeners consume the recommended amount of fruits and veggies nearly twice as often as their non-planting peers.
The Utah Governor’s Mansion was blanketed in soft, blue light. The occasion was World Autism Awareness Day 2014, and buildings across the country were swapping bulbs to highlight a disorder that affects one in sixty-eight American children.
Leadership has always been about honesty and integrity. No one follows a leader they can’t trust. Trust comes from being open, honest, straightforward, and treating people with dignity and respect. At no time has the organizational leader been more subjected to feelings of distrust than today.
For some people, a vacation is an escape from everything.
a new vacation concept caters to the wealthiest travelers, but are destination clubs economically sound?
In sports, there’s no better way to learn proper technique than from an accomplished athlete. Likewise, there’s no better way to train for resumé writing and job interviewing than with those who do the hiring.
Judith Martin, of Miss Manners newspaper fame, wrote in a recent column, "Question: At what age should children be taught how to eat properly? Answer: In their mid-to late-twenties. Question: What is the best venue for this instruction?
This is the third of a five-part personal financial planning series sponsored by the Peery Institute of Financial Services. The next installment, about getting out of debt, will appear in the Fall 2005 issue.
In finance there’s a well-known problem called the principal-agent conflict. The conflict arises when managers and owners of a firm have different incentives. When that happens, managers may make decisions that benefit themselves at the expense of owners.