MICHAEL MCHUGH

Friday Five – Change your mind, The art of living, Encouraging children, The Gift of Failure

man sitting on bench reading newspaper

Quotes of the Week

When the facts change, I change my mind. What do you do, sir? — John Maynard Keynes

The art of living is more like wrestling than dancing because an artful life requires being prepared to meet and withstand sudden and unexpected attacks. – Marcus Aurelius

If my father had not been the kind who encouraged his children to pursue intellectual interests without any thought of profit, our early curiosity about flying would have been nipped too early to bear fruit. — Orville Wright

Music of the Week

St. Lucia is led by “husband-and-wife due South Africa-born Jean-Philip Grobler and Germany-born Patti Beranek.” The group’s sound threads “indie electronic, synthpop, new wave, and electropop” into feel-good tunes that subside any negative thoughts you may have.

Article of the Week

“But the lower headcounts also reflect more fundamental changes. The rise of remote work, the expansion of the gig economy, and the proliferation of software tools all make it easier for entrepreneurs to operate with a leaner staff” is one of my main takeaways from Rise of the Pint-Size Startup Is Reshaping the U.S. Economy. I agree with the article’s thesis that running lean for as long as you can gives your startup the best chance for success.

Books of the Week

The Gift of Failure: How the Best Parents Learn to Let Go So Their Children Can Succeed by Jessica Lahey is “a groundbreaking manifesto” focusing on the “critical school years when parents must learn to allow their children to experience the disappointment and frustration that occur from life’s inevitable problems so that they can grow up to be successful, resilient, and self-reliant adults.” I am certainly guilty of the modern parenting trap of overprotecting my child. What this book taught me is that my behavior is not giving my child the opportunity to experience failure and solve his own problems. The book argues that “overparenting has the potential to ruin a child’s confidence and undermine their education.” Lahey “lays out a blueprint with targeted advice for handling homework, report cards, social dynamics, and sports.” Pair this book with Armchair Expert with Dax Shepherd Jessica LaheyJessica Lahey on Parenting, Desirable Difficulties, The Gift of Failure, Self-Efficacy, and The Addiction Innoculation, and Ryan and Jessica Lahey Talk Parenting, the Process of Writing, and How to Fail Gracefully.  

Pontchartrain Beach: A Family Affair by Bryan Batt is the story of the “Pontchartrain Beach amusement park founded by his grandfather Harry Batt Sr.” The book is a collection of “reminiscences from celebrities, former employees, and frequent park-goers.” Batt creates a snapshot of this amusement park through “candid moments with musical stars, tales of beauty pageants, and photographic traces of the exciting rides and attractions that drew families from throughout the region.” Pontchartrain Beach: A Family Affair by Bryan Batt is the story of the “Pontchartrain Beach amusement park founded by his grandfather Harry Batt Sr.” The book is a collection of “reminiscences from celebrities, former employees, and frequent park-goers.” Batt creates a snapshot of this amusement park through “candid moments with musical stars, tales of beauty pageants, and photographic traces of the exciting rides and attractions that drew families from throughout the region.” 

Video of the Week

Why Nike is Facing Its Worst Performance in Years explains what’s been happening over the past few years and what’s next at the shoe giant. It will be interesting to see how Nike plans to get back to its design roots as its market share erodes in various shoe product categories it once dominated. 


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