Week of June 4, 2017
“Beginning today, treat everyone you meet as if they were going to be dead by midnight.
Extend to them all the care, kindness and understanding you can muster,
and do it with no thought of any reward. Your life will never be the same again.”
Author of “The Greatest Salesman in the World”
Many articles about Millennials have appeared in this space reflecting their importance to society as they succeed the Baby Boomers in key decision making roles. Much of what has been shared, however thoughtful, is only opinion. If you want some hard data on the topic, I offer a recent US Census Bureau publication “The Changing Economics and Demographics of Young Adulthood: 1975–2016.”
There is a summary in the first few pages that I think you will find compelling, followed by a significant amount of data that marketers will want to carefully digest.
If you don’t have time for this article, just remember Peter Drucker’s wise words: “Demographics are the future that has already happened.”
Reconsider Your Expectations
Like everyone, and perhaps more than most, CEOs have to learn how to manage themselves. Much is made of the importance of keeping a positive attitude but as one venture capitalist warns, business leaders need to understand that a simplistic approach to self-management is a short route to chaos. Find out why he advises “Entrepreneurs, Don’t Stay Positive, … and to “please reconsider your expectations.”
The Fisherman and the MBA
It’s good to have goals and to strive for them; but it’s important to remember to live for today as well. This short, charming story reminds that us you may already possess some of the most important things that you are striving for. As Will Rogers remarked, “Half our life is spent trying to find something to do with the time we have rushed through life trying to save.”
This section usually features commentary from economists but the economy doesn’t operate in a vacuum. Vistage speaker and futurist David Houle offers his take on what’s ahead for the economy in the longer term and warns of a significant disruption in years to come……
…..but in the short term, economist Brian Wesbury sees “No Stinkin’ Bubbles!”