Success is what you make it to be. The current world order - our civilization – is defined by socio-politico-economic characteristics that WE have constructed.
Through it we also created an elite, that we knew held huge amount of wealth, privileges, political power, (and though less and less now )skill in our society. In the early stage of civilisation the elite were those we considered powerful enough to organise and defend our society, our economic system and our values. We tolerated them because we also benefited.
But there has been a power shift away from the socio-politico elite now to the economic elite. In the past who ever control the votes control the affairs of the state.
Now it is mostly those financially strong who have the power.
Whilst movements are afoot to try to change the dominance of the economic elite, we cannot and should not leave our own future and that of our family solely in the hands of the law makers or the clergy.
The best way to move up the ladder...
About 20 months ago I started writing this weekly blog. I was facing a void in my life that raised fundamental questions about one’s existence. Though well supported, still I felt completely loss after what had been a successful professional career.
My regular writings became my “write” do not “fight” motto. For many of you who actually read my posts and have often commented, you may have noticed that I am not a professional blogger often writing about seemingly unconnected things.
I wrote because I wanted to better understand life, redefine a purpose in this stage of my life.
Well I think that these writings and the many feedback, encouragements and support I got helped me to decide what to do to accept life as it had become.
It led me to a new project - a start-up in Training and Formation with a focus on E-Learning.
You may have read clues in the last 3 blogs when I started hinting Financial Security for individuals and families and made...
During last week, I followed up on the subject of Sustainable Development Goals with experts namely Francesca Sharp, Sustainability Manager at ICAEW and Chichi UMESI, of the Permanent Mission of Nigeria in Geneva, Advisor to the SDG Lab. I know both as excellent ambassadors of the UNSDG.
We agreed that the bottom-up approach must be propagated more to accelerate the “talks” becoming “walks”; integrated in our businesses, shared with our local and state representatives, become part of our daily lives.
Francesca introduced me to Certified B Corporations, which are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.
At a personal level I commit to incorporate...
World Economic Forum is the International Organization for Public-Private Cooperation. Each year it assembles elites in Davos – Switzerland - to reflect on issues that touch each human and try to formulate solutions and come up with actions plan.
One of the themes covered this year under the Sustainable Development Goals label was “wealth”. Wealth touches each one of us directly or indirectly.
The video is long - at over one hour. https://youtu.be/Fo_Sxxj7w_U
The discussions by the experts focused on wealth of nations (countries) and corporations. Wealth definition was taken as “an abundance of valuable possessions or money”.
So for countries the discussions touched on GDP. first thought of in the 1600s and since the 1900 GDP became the measures accepted by most nations, adapted to include (PPP) purchasing power parity and Gini co-efficient.
For corporations the accepted objective of only shareholders value was challenged and other methods of...
Ghandi said “the purpose of life is to know oneself”.
Why? Because without knowing oneself, we are probably living the life of somebody or something else.
It was only when I sold my Multi Family Office about 6 years ago that I started to discover a meaningful purpose in my life.
Why? Because from that moment I became financially independent, found my family. I decided to dedicate the rest of my life to share that wisdom: “that the road to the ultimate truth is through oneself and one’s family”. One can then spend as much time one need to continue learning.
As Tevye sang in the Fiddler on the Roof: “If I were rich, I'd have the time that I lack………….to discuss the holy books with the learned men, several hours every day. That would be the sweetest thing of all.”
In my case I found time to create “a fair order knowledge community of members who join forces to create financial independence for private clients...
To change the world one has to decide in what?
A few years ago I sold my Family Office business to start a “change the world” business: an on-line members platform around E-Learning. It came about only after one of my business mentors, a super rich entrepreneur who had been a client, advised me to seek myself again before writing my business plan. He reminded me of what Forest Grump said “My mom always said life was like a box of chocolates. You never know what you're gonna get.” So “First know your self and know what YOU want? Then go and do it”.
After speaking to others including a career assessment specialist, I was asked to dig deep and answer the 5 questions honestly taking as much time as required and then to write it down.
The 5 questions were:
(I have the question as on-line form which I will gladly share with you. Just ask).
I was told...
From the many feedback I got, it seems that many want to change the world for the better, thinking our world is sick. Many have ideas on how to fix it with almost every problem that we face having a solution. There is no shortage of good ideas.
There are too many impassioned speeches or writings without any action plan: what, by whom and when. These “talks” with “no walks” solve no problem because in the end, after the sermon, speech and writing we all go back to our routines.
Any big fundamental change whether it is in our life, work, community, politics require patient and impersonal team-work. It calls for collective minds and efforts involving entrepreneurs, financiers, consumers, marketers, lawyers, accountants and social workers. Change takes time and involves small steps and as Rocky says will imply getting up as many times we fall and we will fall many times.
If we really believe in something that will benefit our inner circle or humanity, let us...
Over the course of 2018, we discussed how humans became the domineering power on earth. We had the “God reason” and the “there is no God” reason. Whatever the reason the reality is the world we have created and we now live in – that is reality.
Whilst the successes of the civilisations humans built can be appreciated, we also know that we have to act now and make a decision to change course:
What do you think?
Financial security means different thing for each one of us.
The majority of the world population could live on £100 per month whilst a few would still struggle on £10,000 per month.
It is all linked with each individual’s standard of living – present and future.
So the amount required by each one of us is relative and there is no one size fit all.
“Financial security tops the list of changes that would most increase happiness (39%), and is the most commonly cited obstacle to prioritizing things that would make people happier (33%).” According to a survey conducted by Life Reimagined, in association with Luntz Global, December 2014. US
Everybody interested to create wealth for themselves or others should read The Birth of Plenty: How the Prosperity of the Modern World Was Created. In it the author explains that for prosperity to have happened four pillars had to converge.
Property rights –...
The world must find a way to allow up to 9-billion people predicted to live on earth to do so comfortably and well, equitably, peacefully on our increasingly crowded planet. The current economic system and financial services is not fit for that purpose. Extracted from Transforming Finance Tony Greenham – Head of Finance and Business – New Economist Foundation.
Financial Services as it is, is to make upfront gains and sell commission-based financial products.
Whilst regulators look at ways of controlling banks and other service providers, private clients struggle to see clearly. Some entrepreneurs, self- employed or in business can use their banking relationship to install some form of control and follow up.
The majority of clients do not have the time nor the knowledge and experience to face up to the machine that banks have become. They end up paying fees and commissions which are not trivial. “Over time, these seemingly small fees will compound and can easily...