Tough Times Bring a Focus on Family

As times become more economically tough, I am finding that the financial environment is serving as a catalyst to drive people back to their core values, and for many people, one important core value is family. 

I spoke with three different people this week who each had a multimillion dollar net worth and who had recently declared bankruptcy.  Those conversations were dominated by discussions of family and how their experiences had snapped them back to knowing their families were at the top of the list.  Even more interesting: those people were experiencing a new surge in their devotion to their families and were securing their financial safety because of the current economic environment. 

These tough times have brought families back around the dinner table and they are thinking creatively about recreation and are pitching in on financial decisions. Families are also pitching in and helping other families.  Many spare bedrooms and basements have been opened to struggling loved ones, another case of the worst of times bringing out the best in people. 

These times have also brought out the entrepreneur in many people.  As job markets worsen and doors close, the entrepreneur is making his or her own way.  I’m seeing those choices being made hand-in-hand with the goal of keeping family first.  It’s uplifting. 

Because of ONO and its family first entrepreneur slant I am becoming a hub for these stories.  Keep them coming.  I am logging these to be used, with permission, for others to see as stories of hope and to inspire creative solutions to keep families close and financially sound in these challenging times.

In closing, whether it’s tightening your belt or being forced out of your home, it will be things like love, support, unity, will and determination that will be remembered.  Make the most of the experience and focus on the things that matter.  Lost “stuff” is just that, it’s stuff.  Put your arms around the ones you love, invest in the solutions and move forward, ready and willing to learn. It’s ONO. 

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Great post. Our lives had

Great post. Our lives had become a bubble that mimicked Wall Street and Real Estate. Now that the bubbles have burst we are back to our roots and what truly matters. We've considererd the sharing the house idea and heard murmors of it- interesting.

I'm a Christian so a verse comes to mind "As for me and my house we will serve the Lord"

I've been following you on Twitter after you followed me and I'm glad I finally stumbled upon your blog.

Your early years with the sports, business ventures and battle with alcoholism all strike a cord in me. Maybe we went to different schools together.

I subscribed in Google Reader and look forward to your posts.


Bryce Raley


Your last paragraph made me

Your last paragraph made me remember of an interview that Mother Teressa gave.  She pointed out that alot of the super poor people were in fact happy people, often not knowing what they didn't have.  They laughed, loved and had strong family ties.  Stuff doesn't bring happiness, losing it shouldn't take it away either.