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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.
Why Strong Families Make Strong Economies
It’s supposed to be the most wonderful time of the year, but multiplying invites, conflicting schedules, and lengthy family visits can make the holidays more hectic than happy.
Around the world, young social entrepreneurs are leading the way, rewriting the rules, and changing the world. It pays to do good.
We have a son who is studying at the Marriott School. When he was about three years old, our family was living in the Governor’s Residence in Salt Lake City.
Suit, socks, and, of course, a toothbrush—you’ve loaded your carry-on, but what about your smartphone? Travel apps can get you off the beaten path, keep you on budget, and deflect boredom in Terminal 2.
Sam sits to your left, but you know him as “the doomsayer.” With each new project, he prophesies epic failure and marks every email urgent—including the one about not microwaving strong-smelling food in the break room.
Katalin Bolliger’s first trip outside of the United States was just the experience she wanted—eight thousand miles away from campus and surrounded by tigers and elephants.
Curtis Bedont thought he knew what it meant to be in the military. Though he spent his formative years on bases in foreign outposts, his fighter-pilot father never faced deployment.
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.
A student-initiated fundraiser is reaching new heights at the Marriott School. The second annual Corporate Climb, held 26 March 2005, helped raise more than $12,000 for the school’s annual fund. Participants sprinted up stairs and raced around corners—but not because they were late for class.
Lessons from Joseph Smith, Lehi, and the Recent Accounting Scandals
Who’s Putting Their Money Where Their Mouse Is?