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ISSN
1943-8133
Volume 2009-11, Issue 1
November 10, 2009
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Hello to our newest
readers - and welcome! There's more on our
blog and in the LJ
Archive
- visit and comment. We'd love to hear from you!
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Ah!
November - the month of my most favorite holiday. Giving
thanks and being grateful make it so much easier to maintain a positive
attitude despite life's challenges. And it can give us the
fortitude to move forward and do the right things. This LJ
issue may give you some ideas about how to do that.
In our ongoing 7 Steps to Creating
Your
Legacy program some amazing
legacy project ideas are starting to take shape. It's been
exciting not only to hear about them and witness that development, but
feel the changes the participants are experiencing, too - like the
seemingly magical serendipitous events and new connections flowing from
their commitments that are showing up. Participants are in
the process of developing comprehensive blueprints that they can
implement in a step by step manner to build a legacy that "looks like
them" - resembles what they care about and where they want to make an
impact for a better world. Our Legacy Story shows how that can even be
set up as a profitable venture - in the form of philanthropic
capitalism, or as I like to call it: business that cares.
This is all good news embodying truly enlightened leadership - taking
the planet in a new and positive direction. How
exciting! Makes me thankful. Please pass the gravy!
Cheers,
Dolly
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"I
must admit that I personally measure success in terms of
the contributions an individual makes to her or his fellow human
beings."
-- Margaret Mead
"Nothing
will ever be attempted if all possible objections must first be
overcome."
--
Samuel Johnson
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Your Legacy
Looks
Like You
Creating
a legacy in its broadest sense is about giving the authentic YOU to the
world in a way that really adds value. And the longer it
lasts, the more value it adds. That's the sustainability
factor inherent in any great legacy.
But
what might your legacy actually look like? Well, it will
look a lot like you. That's the authenticity
factor. It will be a reflection of your interests, what you
care about, what's important to you. Within nearly an
infinite variety, just as each individual person is unique, we've
identified three different categories of legacy structures.
See which one resonates with your situation.
Financial only
legacies
with little or no involvement
This form of legacy looks like the traditional estate planning work
people do that gets implemented at the end of life. Some
estate planning may figure into all legacy structuring, but this
variety of legacy encompasses primarily transfer of your real and
personal property assets to others when you are done using them.
Such traditional planning includes utilizing estate planning documents
like a Will or some form of Trust for later distribution of your assets
to named recipients called beneficiaries - who can be individuals or
organizations, or both - for particular purposes that interest
you. Such contributions are generally set up to provide tax
benefits to the giver and maximize the size of the estate, for example
to preserve the principal sum and distribute only the interest, which
is important for the sustainability of the legacy.
Participation-only
legacies with little or no financial contribution
Lots of legacies have been built, including nonprofit organizations and
foundations that started with little money. If your legacy
involves a good and viable idea, the money can be raised and there are
known ways to do that and people who can help.
Participation only legacies can be small, so this form is available to
just about anyone. They can start simple and grow
over time. For example, just about everyone can make a legacy recording
- just being genuine and honest about who you are and your journey, and
telling your story, can add value to someone. The high tech
age we live in makes this simple to record a memoir or family history
that others can add to benefitting a family or the history of a
community. It might include a written or electronic record,
or incorporate audio and video for others to read or see. These are
activities you might be quite involved in initially, and then can pass
along to others to continue - and even grow - for you.
Volunteering is another participation-only way to create a meaningful,
positive impact based on your interests, and contribute to the
sustainability of another legacy project. It is also a great
hands-on way to discover what your legacy ideas or subject matter might
be - what's wanted and needed in the world, where and by whom.
Participating on a nonprofit board of directors allows you to also
learn more about operating a nonprofit and coordinating
volunteers. You can then use what you learn to build your own
legacy project.
Legacies
combining
financial contributions and personal involvement
This category is our special focus with the Creating Legacy
program. It includes helping people decide on and craft a
legacy project that may involve a contribution of their own funds or
assets utilizing appropriate estate and tax planning, as well as, how
they can be actively involved during their lifetime in building the
project.
Building the legacy project involves incorporating sound business
planning and development of operational systems. It also
includes addressing appropriate succession planning to anticipate and
address the eventual departure of people initially involved and a
smooth way to transition new people into necessary roles for the
project's sustainability long term. This applies especially
to the person who conceived and built the project.
This category of legacy project can include a standalone project built
by an individual or a family. For the professional or
business owner, it might also involve creating a form of corporate
responsibility project involving others in the business. Your
firm could start a local community project to benefit a certain
population or cause to which business funds are devoted and efforts are
contributed by members of the company. Similarly, you could
sponsor a small business operation in another country to contribute
business knowledge, professional skill, funds, contacts for fundraising
or other expertise to help the entrepreneurial efforts of others to
support their families and communities in a self-sustainable
fashion.
Alternatively, some people decide after a number of successful years in
business or having mastered their profession, that it is time to stop
working just to maximize earned income, and it's time to use their own
background and entrepreneurial skills to develop a business focused on
social good.
And people who understand that it is in giving that we receive,
sometimes find that the success of their own existing business
enterprise is enhanced when they incorporate a social giving program
into their operations - if for no other reason than given the choice of
two companies delivering similar products or services, people often
choose to work with one that demonstrates having a social or charitable
consciousness. From a marketing perspective, so long as they
also provide reputable service, it further differentiates them in the
marketplace - so it makes good business sense.
Clients
who have worked with us for business and strategic marketing
development needs have taught us that this is the direction they want
to go after years of working to earn income, master a career or
business skills, save and invest their finances. After
working from that focus, it became time to build something designed to
fully exercise body, mind, heart and spirit in their day to day
activities - so they sought help with defining, designing and building
their unique form of legacy project - to live and work on, and in,
until they choose to transition out of it.
Helping them do all that, is a great joy.
So if your legacy looks like you, what does it look like
currently? If you have questions about what it could look
like for you, or how you get there, we'd love to hear from you.
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A Legacy That Covers the
Basics
Shoes.
An unlikely form of legacy? Maybe, but a significant one. This focus is
the brainchild of a young man named Blake Mycoskie, who, if you watch
television, you might remember as a contestant on the show The Amazing
Race from 2002. But more significant is his creation of TOMS
Shoes.
As
detailed on the TOMS Shoes website,
in 2006 Mycoskie visited
Argentina and noticed the children there had no shoes. Not
only did that give birth to his company, but his philosophy of One For
One: for each pair of shoes purchased from TOMS shoes, the
company gives a pair of shoes away to someone who does not have
them. The result of his first effort was a trip back to
Argentina later that year, with friends, family and staff, to deliver
the first 10,000 pairs of shoes made possible by his enterprise and
customers who rallied around the shoes and the philosophy.
This form of conscious capitalism, or what Mycoskie calls
'philanthropic capitalism,' may well be the best form of business
according to him. It exemplifies the notion of doing well by
doing good - and his demonstration shows that it is a model that
works. Follow
them on Facebook to see more.
Shoes are basic to life and health. Walking is the only form
of transportation in many places around the world, and without shoes
one can either not go very far - literally - or must risk significant
chance of injury, infection, disease and even disability to get
anywhere. With that realization a great legacy was born, and
grows in a for profit model that incorporates giving back into the very
foundation of its operations. And it makes business sense -
it gives staff a reason to be proud of where they work and from that
place give more than 100% of their efforts more joyfully. It
also makes for great marketing - customers can rally around their
purchase because each one comes with a story to tell others to
encourage them to buy the product, too.
Mycoskie was featured in a recent issue of Success Magazine, which is a
wonderful article, so I won't go on here, but encourage you to read the
whole story online.
Maybe his inspiration will likewise inspire you to truly make a
sustainable difference in a similar way. It doesn't have to
be hard, or complicated. In fact it can be pretty basic - and create a
significant impact.
----------------------------------------
Email
me about someone you know who is
living or building a legacy. We'd
love
to feature their story. Maybe it's you?!
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Some
fabulous products and services of
others that you may find helpful:
This
program is the brainchild of the amazing Linda Claire Puig, a
newsletter marketing expert and a writer with 25 years' professional
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Legacy Journal into publication.
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A THANKSGIVING RECIPE -
The One You'll Need For Sure
This
is my favorite holiday of them all. A time to gather with
family and friends, have a feast and focus on all the things in life I
have to be grateful for. Whatever our troubles may be, this
can always overcome them - and is available every day of the
year. But at the end of November here in the U.S. we set
aside a day to remember and practice. And about this time, I
find the need to dig out the instructions so I can remember how to make
a good pan gravy to go with turkey and mashed potatoes. So
here you go:
I like to roast the turkey outside on our Weber kettle charcoal
grill. Saves room in the oven and makes a roast that is crisp
on the outside and incredibly moist on the inside. However
you do yours, remember to save the drippings in the roasting pan.
Staring with the drippings, and either in the pan itself (across two
burners on your stovetop) or in a separate pot, bring these juices to a
simmer over medium heat. Cook for 8-10 minutes, stirring to
scrape up any browned bits from the bottom of the pan. Using
the cooled stock you made earlier in the day from the giblets, or
pre-made broth (you'll need about 3 cups), add a small amount of this
liquid at a time to ½ cup of flour, stirring to make a
smooth paste with a pudding-like consistency. Add the rest of
the stock to the drippings in the pan, and then whisk in the flour
mixture - again, a little at a time to avoid lumps. Bring
back to a simmer and cook, stirring until the gravy is well-blended,
thickens and loses its floury taste. Lower the heat if need be so the
gravy doesn't scorch or burn at the bottom of the pan. Season
with salt and fresh ground pepper to taste, and maybe just a smidgen
more of ground sage. Then keep warm for serving.
Enjoy!
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Dolly
M. Garlo, RN, JD,
PCC is the founder and president of Thrive!!®
Inc.
and Creating Legacy™. It is a company devoted to empowering
business owners and entrepreneurially minded professionals make their
positive impact in the world - with joy and meaning.
For 30 + years Dolly has supported clients in many different arenas -
healthcare, law and business. While she's currently best known for her
expertise in business development and professional career transition,
her clients, members of Generation G (for generosity!) share that her
biggest impact comes from her philosophy.
That philosophy is to design your work and create an exceptional life
by making sure that all your actions reflect your personal integrity
and values, greatest level of wellness, highest and best contribution,
and individual sense of abundance - for which you can feel exceedingly
grateful. These, Dolly says, are the keys to true, lasting satisfaction
and happiness from which you can also "make a positive difference that
lasts for generations."
You can learn more about Dolly and her programs, presentations and
products at CreatingLegacy.com and AllThrive.com.
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You
may absolutely share this newsletter with people you think may enjoy
it. When doing so, please forward it in its entirety, including our
contact and copyright information.
Thanks
and enjoy!
The
Legacy Journal newsletter is written by Dolly M. Garlo: http://www.CreatingLegacy.com.
If you have any questions or comments, please send them to: Dolly@CreatingLegacy.com.
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