Over a decade ago, Empowered Wealth commissioned a study on the concerns and fears of affluent families. One of top concerns was the loss of legacy described in the essay below by Barry Lam. Mr. Lam, however, using the analogy of a perpetual voting right, takes the position that in essence the way estate planning has been practiced – perpetuating the wishes of the deceased – is misguided.
Empowered Wealth's planning processes and teaching, training, and coaching programs are focused on stewardship of True Wealth and empowering current and future leaders.
Empowered Wealth Facilitator Brent Owens uses this diagram as part of his teaching and training to "Raise the Level of Care". Although Brent's business is home care, he's really talking about something much bigger: that is, raising the level of "Care" in the world.
He starts with a question: "What does "Care" mean?" Certainly to his caregivers, it means providing the service that they're paid to provide. But to their clients and client families, it means the quality to the services that they provide, especially the attitude and the way that caregivers and company representatives conduct their activities. And what does "Care" mean to the company and all of its stakeholders? As a leader, Brent truly lives his message that "Care" begins with ourselves; that is, taking care of our health and well-being so that we can "Care". Brent exemplifies the idea that Care is both an activity and a mindset that can become a way of being.
The diagram incorporates two ideas: Brent's "Circle of Care" and an Empowered Wealth concept "The Levels of Gratitude", The Circle of Care is the idea that Care begins with ourselves and radiates out to include our families, the people we work with, and the world at large. It's who we can touch in order to Raise the Level of Care. Care itself begins with "respect" (or self-respect), continues with "appreciation" for ourselves and others, and extends to "Care" (defined ideally as giving unconditionally without expecting anything in return). In this mindset, this worldview, the ultimate expression of Care is "Love".
In this video, Lee Brower retells “The Whipping Cream Story” and the lesson that it only takes a little bit of sweetness to change moods, attitudes, and emotional states from negative to positive. He suggests that, as was the case for this story, these lessons may not be apparent in the moment but rather are the result of memories, reflection, and the eventual understanding of what actually occurred.
(I'd like to thank Empowered Wealth Ambassador Craig Adamson from Marion, IA, for bringing this podcast to my attention).
This interview with Gail Miller touches on many elements of Gratitude, True Wealth, and Leadership. In telling the stories of the many decisions and actions taken by her late husband Larry Miller, of her sons who now are active in the family businesses, and of her own initiative to keep the Utah Jazz as a permanent part of the community in Utah, Gail Miller shares glimpses of an extraordinary life of happiness, fulfillment, and meaning.
The Jonah Keri Podcast #93: Gail Miller | Nerdist Jonah Keri jazzes it up with Utah Jazz owner Gail Miller about building an empire from nothing with her late husband Larry; changes in Salt Lake City; how to succeed in business; philanthropy; redefining her life after Larry’s death; The Jazz Way; Coach Jerry Sloan; addressing diversity in a city like Salt Lake; player retention; rebuilding; creating a legacy trust to keep the Jazz in Utah in perpetuity; public financing of stadiums and arenas; e…