Family Inc.
eBook - ePub

Family Inc.

Using Business Principles to Maximize Your Family's Wealth

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Family Inc.

Using Business Principles to Maximize Your Family's Wealth

About this book

Actionable, intelligent CFO training for the Chief Family Financial Officer

Family Inc. is a roadmap to financial security for the family CFO. Too much personal wealth management advice essentially boils down to goal-setting, which isn't helpful or effective in terms of overall financial planning. This book takes a different track, giving you a crash course in corporate finance and the tools to apply the field's proven, time-tested principles in the context of your family's financial situation. You'll learn the key principles of wealth creation and management, and learn how to make your intellectual and real capital work for you. Your family situation is unique, and your principles must sometimes differ from the standard financial advice—and that's okay. Life is not a template, and even the best strategy must be able to adapt to real-life situations. You'll learn to chart your own path to financial security, utilizing the author's own tools that he developed over 15 years as an active board member, chairman of the board, or chief financial officer of multiple companies.

Oversimplified wealth management advice does not leave you equipped to manage your real-world finances. This guide is written with intellectual rigor, but in the language of family discussion, to give you a real, practical guide to being an effective family CFO.

  • Create your own financial prosperity and security
  • Align financial acumen with your family's specific situation
  • Adapt to real-world situations and make your financial advisor work for you
  • Utilize powerful financial tools to help you build financial independence

Every family needs a CFO to manage wealth, and the principles of corporate finance apply from the boardroom to the living room. Family Inc. delivers actionable advice in the form of CFO training to help you plot a real-world family financial plan.

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Yes, you can access Family Inc. by Douglas P. McCormick in PDF and/or ePUB format, as well as other popular books in Personal Development & Finance. We have over one million books available in our catalogue for you to explore.

Information

Edition
1
Subtopic
Finance

Table of contents

  1. Cover
  2. Title page
  3. Copyright
  4. Foreword
  5. Acknowledgments
  6. With Appreciation for America’s Armed Forces Service Members
  7. Introduction
  8. SECTION I EVERY FAMILY NEEDS A CHIEF FINANCIAL OFFICER
  9. SECTION II MAXIMIZE THE VALUE OF YOUR SINGLE BIGGEST ASSET—YOUR LABOR
  10. SECTION III MANAGE YOUR ASSETS LIKE A CFO MANAGES A BUSINESS
  11. SECTION IV FAMILY INC. DOES NOT MANAGE ITSELF
  12. SECTION V MANAGE YOUR FAMILY ENDOWMENT IN RETIREMENT
  13. SECTION VI AVOID THE RAT RACE—CHANGE THE GAME BY CHANGING THE RULES
  14. SECTION VII A CALL TO ACTION
  15. Appendix: How to Calculate Expected Lifetime Labor Value
  16. Glossary
  17. Notes
  18. Index
  19. EULA