In 1976, the Teton dam in Southeastern Idaho failed, damaging or destroying about 80 percent of the structures in the small town of Rexburg. Living then as I do now in Salt Lake City, my father invited me to join him and a volunteer group to Rexburg where we helped dig mud out of a basement and otherwise work to salvage a home. As an 11-year-old kid that was a lot of fun. The whole trip took about 24 hours, leaving about 2:00 AM, arriving at dawn, working all day, leaving at dark and returning after midnight. Now, I’m not a big guy. Picture me as an eleven-year-old standing next to a shovel—I wasn’t as tall as the handle and just lifting the empty shovel was a task for me. I’m sure I was of virtually no real help that day, but the experience has come to define my life. I felt so good helping people that day that I promised then I would never miss an opportunity to serve.
Of course, I have missed many opportunities to help. I was, perhaps, distracted by building a successful finance career, but ever since I was let go from my position as the CFO for a global food and beverage company years I have focused on channeling the enthusiasm of my youth to do my part to make the world a better place.
I earned an MBA from Cornell after completing a finance degree at the University of Utah.
I can probably only answer that question in the future. My life seems charmed, my career aided by too many people to name them all.
In my finance career, a friend by the name of Gil Fuller, who was the CFO of a public company where I served as Treasurer was a role model and mentor. In my new career, I think of Nick Kristof, the New York Times columnist as a role model.
I rather famously sold my car and lived for three years without one. I now drive an all-electric Nissan Leaf.
There was nothing shrewd about it. I was fired.
I took the opportunity to focus on doing good rather than doing well. While I continue to work at doing well, I'm committed to only doing well by doing good. If I'm honest, that's more difficult.
Gail, my wife, unequivocally makes my work possible. We have shouldered the financial responsibility of our family together. She is simply the best partner one could ever imagine.
I've been working on a book I sometimes call "Thirty Years to Peace" about solving the world's biggest problems for several years but my progress is slow.
I'm turning my attention in the short run to a book about 30 people who are changing the world.
The primary use of blockchain technology over the next five years will be to serve as a more secure mechanism for trading traditional assets. One day, I expect all real and financial assets will trade via the blockchain. Notional assets, cryptocurrencies with no intrinsic value, will disappear. Some already have.
No, I think many will be displaced, but new jobs will always be created. People are creative. I hope and expect that the work humans do will improve in general. I hope governments will begin to develop protections for those working in the so-called "gig economy" so that some employment protections, including a minimum wage, will apply.
Thank you for the opportunity to be included. It is an honor.
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"Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent." ~Calvin Coolidge