Contributors
Founder and Chair – LMFC
Vice Chair – LMFC
President and CEO – The Bank of Northern Michigan
SVP of Shared Services - LMFC
Senior Vice President, Traverse City Market Manager

Hear from the founder of Lake Michigan Financial Corporation, Rich Lievense, and his insight on what this blog encompasses.

Apple’s experience shows why jobs are flowing to China and the commitments they need to make in order to earn this work.  I am not sure we are ready to go back to the days of company employee dormitories and 12 hour, 6 day a week jobs but this certainly explains the current world wide electronic device manufacturing business.

Read "Apple, America and a Squeezed Middle Class" from The New York Times.

In his straightforward and concise way, Warren Buffett shares his view on why stock returns beat the alternatives.  This piece is condensed from his annual shareholders letter.

Read the condensed letter at  "Warren Buffett: Why stocks beat gold and bonds" from Fortune Magazine.

Read the complete letter to shareholders at the Berkshire Hathaway website.

The decision to sell a private company is one of the most difficult a business owner faces.  This article provides practical advice on appropriate timing.

Read "Why Some Business Owners Think Now is the Time to Sell" from The New York Times.

A polar explorer, Ernest Shackleton, faced harsh conditions as he attempted to reach the South Pole in 1914.  The story of this expedition is a compelling story of leadership when disaster strikes again and again.  Modern corporate leadership can learn something from this story. 

Read "Leadership Lessons From the Shackleton Expedition" from The New York Times.

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