Financial Profundities
May 2010



If it Aint' Broke, Break it!
May's Ruminations
Financial Intimacy: Events & Media
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Hello and welcome to Financial Profundities, an ad-hoc e-newsletter designed to inspire thought-provoking conversations about the intersection of money, choices, relationships, and life.
 

May's Ruminations

I'm not intentionally contrarian, but I'm beginning to embrace that going in the "opposite" direction of the norm is perhaps my inherent nature. A recent case in point pertains to the common idiom: "If it ain't broke, don't fix it." On some level, this phrase makes sense. After all if something (whatever that might be) is working well, why change it?


Yet, I've spent the past few months interrupting everything about Sterling's business model. Not because of a specific problem. But because of what I once read and wish to put into practice. In fact, things are going extremely well, and I feel as if I have reached a nice, comfortable stride. (On this side of the invisible line, that it seems to have taken fifteen years to "feel" this way is a minor detail.) Now - when I'm riding the high part of the wave, no less - is an ideal time to break what isn't broken.


While examining what you do and how is beneficial at anytime, one of my many takeaways from Jim Collins' seminal book, "Good to Great," is that doing this when you're operating with emotional and financial reserves can bring about phenomenal results. In this state, as opposed to when you are running near or on empty, you're likely to see things you wouldn't notice otherwise. Plus, the quality of the questions you ask and the choices and changes you make as a result will be much, much better. With this in mind, now is precisely when I should tear apart the legs of my business and rebuild it so that it is an even stronger, more sustainable firm.


There will always be a need for the services and products I offer and the collaborations I undertake as long as humans behave as humans.  However, I continuously strive to evolve and get better at providing tangible ways to help you (and me) address and solve the myriad of issues, challenges and problems that arise when life intersects with money. In that spirit, we have some awesome changes afoot, some will be announced in a few weeks while others will be rolled out over the next six to nine months. All reflect our philosophy of putting the "what, where and why" before the "how." All have a shared goal: Giving you tools to help you experience financial peace, satisfaction and success (as defined by you).


What's on the horizon?

  • New partnerships
  • Re-designed website
  • Membership platform
  • Financial Intimacy Conference

I'm excited about our continued evolution and the forthcoming changes and look forward to sharing greater details in the coming weeks and months. In the meantime, what do you need to break in your life, business and/or career to make room for something new? And, what would be on your horizon as a result? I'd love to know!

 

And in the mean-meantime, check out the Events & Media section below for the latest news re: Financial Intimacy. The momentum continues!


All the best,

Jacquette M. Timmons
Sterling Investment Management, Inc.

 

Financial Intimacy: Events & Media


Financial Intimacy Book Cover It has been eight months since the release of Financial Intimacy . My, how time flies! And I'm thrilled that the media momentum continues; here are highlights of mentions and appearances:

Print
SELF Magazine
Match.com's Happen Magazine - twice!
" Cheap Skate or Money-Smart Date? "
" Increase Your Dating Bank "
theRoot.com
" Closing the Racial Wealth Gap "
Forbes.com
" Are You and Your Partner Financially Compatible? "
Pittsburg Post-Gazette
" Home purchases can be risky for unmarried couples "
Recruiting Nevada - Nevada's job board
" Staying Financially Resilient While Unemployed "

And, I wrote a post for DailyWorth.com
" The 90-Day Pre-Budget "

Television
CNN's - "Your Bottom Line" (no video image available, here's the transcript ) and "Help Desk"
Black Enterprise Business Report - segment, " Woman's Guide to Financial Planning "

Radio
WEAA 88.9fm - NPR affiliate, Baltimore, MD - "Wealthy Lifestyle" with Deborah Owens.

Podcast
with Amanda Steinberg, DailyWorth's founder - " Create Other Streams of Income "

Remember to check our Facebook Fan Page for more information on upcoming events, photos, and musings.



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