April 2019: Money Realness

Truong Tran, Bang Bang

Money. Chances are, you have a visceral reaction to that word. There’s the word itself, and then the object… but the meaning it has in our lives can range from insignificant to (more often) make or break. In money, as in every area of aspiration, we benefit from keeping it real. In this month’s issue, our contributors strip away any pretense around money to share their true experience grappling with the meaning of money in their own lives and work. How does our family history play into our relationship with money? Can our relationship with money change? How important is […]

Yoga Pants Made LuLuLemon Founder Chip Wilson a Billionare—Why Isn’t He More Grateful to the Women Who Wear Them?

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Fiona Aboud

Chip Wilson is his own employee of the month. Right there on his website, you can see a portrait of his smiling face, set within a cheap wooden frame and festooned with a gold star bearing the accolade. But in his colorful new memoir, Little Black Stretchy Pants: The Unauthorized Story of Lululemon (LBSP), the controversial Lululemon Athletica founder makes clear that, beyond ostensibly putting himself above his actual employees, he also feels superior to many of the women who wear the brand’s hundred-dollar yoga pants that have made him a multibillionaire. LBSP is dripping with contempt for the “non-athletic, smoking, Diet-Coke drinking woman in […]

Smackdown: What the Arts Could Stand to Learn from Sports

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I like sports, but I love sporting events. Few experiences rival the theatricality and pageantry of, say, a pro football game, from fanatical fans to enthralling entrances – all with constant emotional engagement. Wait a second – isn’t that what live performance is supposed to do? The most popular sports go well beyond entertainment: they captivate the community, inspire across generations, and build unrivaled anticipation. So in team spirit, what if creatives borrowed from our better-funded brother industry? Because let’s face it: in arts parlance, a pro sports team is really a repertory company of skilled improvisers (albeit, very well-paid ones). Am I telling you to […]

Putting Crowdfunding in Perspective: Respect Your Audience to Maximize Your Results

Alexander Reben

Funding ain’t easy. Technology makes it seem easy, especially with platforms like Kickstarter, IndieGoGo, and GoFundMe holding the promise of access to new fans with open wallets. Of course, it takes a tipping point of personal contacts funding a project to a certain dollar amount in order to access your yet-unknown audience. Which means outreach to friends, family, and colleagues is a necessary part of the phenomenon that is crowdfunding. Even when your loved ones love to help, there’s a risk of alienating your long-term, loyal audience with a crowdfunding push if it’s founded on a free-money mentality. Free money — […]

But Would Anyone Buy a Ticket?

Jackie Battenfield, 
Crabapple Blossom, 2018, 48 x 210in. 
Laminated Glass
MTA Arts & Transit, Avenue P, Brooklyn, New York, Permanent installation

When I was raising money for Broadway shows, I was approached by a LOT of creatives who would ask me to consider raising money for their project. In many of these instances, these individuals would spend most of the meeting explaining to me how their show was a “surefire” hit and how if they just had more support they’d break through. Now in some cases, they really did have something great, but more often than not, they had something that they thought was amazing and when I read it or saw it, I felt differently. After a time I noticed […]

Past Present Podcast:Incels, Mormonism and Race, and Millennials and Personal Finance

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In this episode, Niki, Natalia, and Neil debate the “incel” community, the role of race in Mormon history, and the thrift-shaming of millennials. Here are some links and references mentioned during this week’s show: In the wake of a Toronto terrorist attack, “incels,” or involuntary celibates, are gaining attention. Niki referred to this New York Times article about Jordan Peterson. Natalia cited Jia Tolentino’s New Yorker article on the origins of incel rage, Ross Douthat’s New York Times op-ed raising the possibility of the redistribution of sex, and this Washington Post column by historian Melissa J. Gismondi. Niki referred to this paper by Betsey Stevenson and Justin Wolfers. A hoax letter claiming the LDS Church was apologizing for […]

A Diverse Portfolio

Pregame Anniversary Party 2017 (Photo by Ashley Anderson) (23)

In Rules for Radicals, Saul Alinsky speaks at length about the nature of power. He discusses various instances of creating leverage, thus creating power. One of his central tenets is the idea of not waiting for permission. In the struggle of radicals of any stripe, it’s almost a given that the establishment will be resistant to surrendering any of their power. Those who want to change the world and those who actually do are divided by their level of inventiveness. In every situation, Alinsky argues, there’s a fulcrum point that you can leverage to gain traction, and eventually control. One […]

Spring Steps to Measure Your Financial Wellness

money-origami-flower

  Happy Spring! It’s the season of transitions, renewal, hope, and growth; it’s also the season of makeovers, de-cluttering, and getting back to basics. Spring cleaning often bring order and the peace of mind. The same is true when your finances are in order and you understand what you are earning, spending, and where you can find cash flow to save and invest. This tax season is the perfect time to focus on basic elements of your financial well-being. Financial wellness is as important as physical and emotional wellness, and in fact they are related. Consider yourself a person who attained a […]

Are You the Sum of the Five Bank Accounts You Surround Yourself With?

Pregame Magazine

Why Your Friendships Could Be Costing You Your Financial Freedom There is a common belief that friends and money don’t mix. Money has a way of complicating the dynamic of relationships, and the imbalance of power can strain even the strongest of bonds. Popular advice recommends resisting lending friends money altogether, or at least not any you care about losing. One awkward experience is enough to convince most of us to keep friends and finances separate. However, now more than ever, we don’t live inside a vacuum. Jim Rohn famously said, “You’re the average of the five people you spend […]

April 2018: Redefining Wealth

Half Story Mountain - Grayson Cox

Entrepreneurship is synonymous with money issues. Whether you’re raising money, investing money, borrowing money, calculating cashflow, stressing sales, creating contracts, or balancing balance sheets, the bottom line is a constant source of stress, energy, and everything in between. In my first business, consulting startups on marketing strategy, revenue varied wildly by workload. I had $2,000 months and $20,000 months and probably even a $200 month in there somewhere. Eventually, I learned to ride the waves, using the flush times to work hard and save, and the lean times to travel and produce content like my books and webseries. My latest project, the […]