Posts Tagged ‘business’

The Five Capitals – A Cheat Sheet

Five Eyes on the Fence is available on Amazon.com

Five Eyes on the Fence is available on Amazon.com

In my book Five Eyes on the Fence, I propose a way to look at what businesses, families and people really possess in terms of “capital.” The success or failure of a business lays in understanding the potential and actual consequences of more than financial capital. In fact, there are four other capitals that might be even more consequential than money. The interrelationship of these four capitals—sometimes coupled with financial capital—is what actually produces expansion or contraction of financial capital.

The financial consequences of a business owner’s decisions are driven by:

  • Human capital—Who are the owners? What are their intelligences, instincts, and values? This is important because every decision is knowingly or unknowingly a manifestation of the value set of the business, family, or individual.
  • Social capital—Who do the owners know and work with? When they are intentionally nurtured, these relationships can be leveraged for opportunity.
  • Intellectual capital—What do the owners and other members of the company know? Are their gaps in knowledge that could be closed to strengthen the product or service?
  • Structural capital—What processes do these people use to accomplish things?

In short, all the decisions surrounding these four capitals will either subtract from or enhance financial capital.

Godfather Sit Downs – Uniquely Different

image003Have you ever walked into a room full of strangers and felt instantly right at home?

If you have, it is most likely thanks to someone there who possessed the innate ability to make everyone feel welcome. Some of the most successful people in business recognize the importance of relationships, and share an ability to connect others. One such person is our longtime friend Mark Wayman — also known as “The Godfather” of Las Vegas. As a successful entrepreneur who places high level executives in the casino, gaming, and tech industries, it’s fair to say that Mark is in the business of relationship building by connecting people. For over 15 years his concept of ‘having my friends meeting my new friends’ has proven to be very successful and entertaining.

“Relationships trump talent every day of the week,” says Wayman. “After attending events open to the public for years, and getting solicited non-stop, it occurred I might be able to come up with a better model. So I invited several of my clients with one purpose – for them to meet each other. And with exactly one rule – no soliciting.”

For 6+ years, RSJ has been sponsoring Mark’s events, known as the Godfather Sit Downs. These events are held in various cities throughout the year and attendance is by invitation only. It brings together a group of individuals from a variety of industries, who are hand selected by Mark to gather for the purpose of getting to know each other. Mark has a unique method – from invitation to implementation – of creating a unique experience to be enjoyed and remembered.

The purpose is not to promote or sell, but rather to get to know interesting people and learn about each other’s passions. Each guest is invited to share about who they are and what they are passionate about. What happens during this hour-long speed introduction is both interesting and enjoyable. Smiles and laughter fill the room and by the end of the event, strangers are no more.

Each time we attend a Godfather Sit Down, we meet amazing people who truly become friends. Mark’s approach to relationship building and the experience he so carefully plans and provides makes for a great way to meet new individuals Will they become clients? Will they refer clients? We don’t know. But we value and are thrilled to make these new connections, and proud to share them in common with our friend Mark. We always walk away from this event with a desire to connect others within our own circle.

What Mark has created with his sit down events is unique and memorable. He facilitates new relationships, while solidifying his reputation as an influencer and connector.

Visit our event section to learn more about this and other RSJ produced events and be sure to sign up for future RSJ events here.

Our 5th Annual CES Executive Gathering

 

2015 CES Executive Event Las VegasLast week, we hosted our 5th Annual Executive Gathering during #CES at Roy’s Restaurant in fabulous Las Vegas and we are still so humbled by the amazing folks who joined us.

It’s our guests who make our gatherings so memorable. The pay-it-forward attitude and entrepreneurial spirit, combined with the top-notch industry leaders in attendance, make our events uniquely special – and for that, we are so grateful.

This gathering is always a conference highlight for Rose, Snyder & Jacobs, and it was a pleasure to once again connect with old friends and make some new ones. There were countless introductions made, business cards exchanged and new deals in the works. We truly enjoy bringing together so many great minds to meet and mingle and take a little break from the intensity of the CES show.
RSJ 2015 CES Executive Event in Las Vegas

We host several events like this one each year, in varying locations, including targeted, intimate round table gatherings and industry mixers. If you would like to be included in one of our executive events, please contact us and we’ll be sure you are notified when we have an event that may be of interest to you.

In the meantime, we encourage you to subscribe to our newsletter for industry insights, news, and tax updates that may concern your business.

We have had great feedback from those in attendance and we don’t want you to miss out on our next event. To be notified about upcoming events including next year’s CES gathering, please subscribe below. We look forward to connecting with you very soon!

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