The opposite of “between a rock and a hard place”
Family Capital Strategy Blog
by David Wells
3w ago
Choosing between great and great isn’t easy “The test of a first-rate intelligence is the ability to hold two opposing ideas in mind at the same time and still retain the ability to function.   F Scott Fitzgerald  When considering the scope of time and specifically human civilization, the modern world registers barely a blip on the timeline.  Wherever you choose to mark the beginning of this era, but let’s say since 1850 or so, there has been an explosion in human development that is actually unparalleled in the course of human history. Commentators have remarked that today’s ..read more
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80% of people live 100 miles from home
Family Capital Strategy Blog
by David Wells
3w ago
And how the Romcom Sweet Home Alabama explains why Photo by Lukas Kloeppel on Pexels.com Holiday travel is unsufferable.  No matter the mode, the airports are crowded and the highways are full.  Memorial Day weekend might possibly be the lone time of the year that the average Buccees is stretched to capacity. (If you don’t live near a Buccee’s – explanation here).  The logical explanation for all this travel is clearly that we live in a more mobile society.  A natural consequence then is of course people live further from home and will use common holidays as a natural ..read more
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Your Fifth Strategic Goal Isn’t That Important
Family Capital Strategy Blog
by David Wells
1M ago
There is tremendous power in curating your goal list Photo by Suzy Hazelwood on Pexels.com Several years ago I was at an event for a non-profit’s leadership team, board members and most engaged volunteers.  In the course of the keynote speaker’s remarks, he asked for the mission/vision statement of the organization.  Like many of these sorts of statements, this one listed four or five priorities that the organization wanted to address.   After hearing it, the speaker took a minute to reflect on each of the priorities and offer some thoughts on each that would be worth consi ..read more
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Temporal stewardship and why it matters
Family Capital Strategy Blog
by David Wells
1M ago
“The past is never dead. It’s not even past.” – William Faulkner Photo by Monoar Rahman on Pexels.com My high school English teacher and I often failed to see eye to eye, and for good reason.  As an generally enthusiastic, periodically obstinate, and frequently arrogant 9th grader, I (and several others) made the less than ideal choice one lunch period to lock ourselves in our dining room in order to keep out a group of obnoxious middle schoolers.  While a much longer story, it is important to note that I attended a brand new school for high school that at times that first year was a ..read more
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Is the pursuit of excellence limitless?
Family Capital Strategy Blog
by David Wells
2M ago
or is good enough sometimes just that? Among the many pleasures of house shopping is seeing how someone else lives.  Even more so after buying a new home – you constantly wonder, how did these people live like this?  No dimmers on this light switch, atrocious lighting, you call that closet storage – all actual quotes about our home. This begats the question – why do some make such choices?  Is it a failure of vision – an inability to envision a better future?  Or is execution the scarce commodity? Or maybe the busyness of life got in the way and the benefits weren’t worth t ..read more
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Excellence is not just for productivity bros
Family Capital Strategy Blog
by David Wells
2M ago
Is excellence little more than just hyped up efficiency? The Internet is good for many things, the creation of new terms for example.  Terms like “Bro” and “Bro Culture” originally were an attempt to group and characterize a certain type of hyper-masculinity.  If we all at this point instinctively know what it means for someone to be a Karen, I am willing to bet for most, “bro” has a similar connotation. The standard, regular way bro is typically associated with a hard-partying lifestyle – think cast of Jersey Shore.  But the concept quickly expanded.  Young men, being quic ..read more
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The Middle School Rule
Family Capital Strategy Blog
by David Wells
4M ago
Parenting a middle schooler is fraught with challenges.   The inner life of an emerging adult – desperate not only to self-individuate but also not sure of being ready to leave the comforting dependency of childhood – is laden with minefields. Yet when walking through it, I have been surprised by the opportunities to re-learn and re-affirm some lessons myself.   None perhaps as important as the lived reality of each of our own narcissism. We share this lesson repeatedly – telling our middle schooler that no one is paying attention to them/their actions/choice of clothing, e ..read more
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My New Book – The Family Enterprise Playbook
Family Capital Strategy Blog
by David Wells
6M ago
buy here The Family Enterprise Playbook: A Framework for Action How Do You Build a Family Enterprise? How do you know if you are successful in doing so? I have wrestled with these 2 questions for the last 2 years, since publishing my first book.   Over that time, from working with families directly and talking with countless others, I consistently heard a sense of confusion, uncertainty, and occasional dread.   More and more families like the idea of building an enduring family.  But where to start and what to do?  What’s the next step for where the family is to ..read more
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09/01/2023 – Issue 506
Family Capital Strategy Blog
by David Wells
6M ago
This week’s highlights: Bill Waterson, Marketing, and The Preppy Handbook (again) Photo by Rodney Truitt Jr on Unsplash “Man is so made that he can only find relaxation from one kind of labor by taking up another.” – Anatole France Happy Labor Day Weekend Hope everyone finds a brief respite from their professional labors by enjoying their recreational ones. Cheers,  David Featured Article TAC – Why Bill Watterson Vanished. The creator of Calvin and Hobbes is back, but the mystery is why he disappeared in the first place. TheFreePress – A Constitution for Tee ..read more
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08/18/2023 – Issue 505
Family Capital Strategy Blog
by David Wells
6M ago
This week’s highlights: Monster Trucks, Soap, and Sea Planes Happy Friday Back to school and back in action here at Fifteen on Friday One thing to highlight is tomorrow’s Leagues Cup match between Nashville SC and and Inter Miami.  Here’s the rundown: What?  Leagues Cup is a international competition between professional soccer teams in the MLS (US & Canada) and Liga MX (Mexico) Who?  Nashville SC vs. Miami – the new home of the soccer GOAT Lionel Messi. Messi has almost single handedly reversed the fortunes of the Miami team… When? Saturday at 8PM CT Why ..read more
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