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Octane Results: Legacy
Robert Tercek is a digital business guru, author and previous executive at MTV, Sony Picture and The Oprah Winfrey Network (OWN); and his new book, Vaporized: Solid Strategies for Success in a Dematerialized World, is sending a resounding message to all business owners and consumers: Digital technology is overtaking traditional business models – adapt, or be forced into obsolescence.
However, the proposition doesn’t have to be business’ death sentence; rather, Tercek argues this transition has the opportunity to revolutionize your company and save you from “demand destruction.” We spoke with the author and his predictions for the future of business. Here’s what he had to say:
The following story was written by James Breeze, CEO of Objective Experience and an EO At-Large member in the Asia Pacific region:
“Dad! I want to start a charity!”
You can imagine my surprise hearing this from my seven year old son, Ben, while he was sitting at my desk watching videos on YouTube.
Financial jargon can be complex, to the extreme that we often avoid the topic in daily life. But the time will come when we’ll need to make some smart money choices for ourselves and our families.
At some point, we’ll need to…
– Discuss personal finances and donations to charity with our family
– Decide how and/or whether to hire a financial planner
– Determine our legacy through living wills, planning an estate and choosing our beneficiaries