Introducing a new generation to cigars and cigar-making

Introducing a new generation to cigars and cigar-making

Posted On April 21, 2023

Introducing the next generation to the family business can be a challenge, even if your family has been in the business for generations. For Ernesto Perez-Carrillo, patriarch of E.P. Carrillo Cigars, it was all about finding the best roles for his two children, Lissette Perez-Carrillo and Ernesto Perez-Carrillo III, who have degrees and experience in law and economics and both of whom grew up around the cigar business. As co-founders of E.P. Carrillo Cigars with their father, their expertise in these areas has helped grow the brand. “It’s a process,” said Perez-Carrillo, our guest in the latest episode of “What’s… Read More

Categories: Blog, Entrepreneurship, Generations, Podcast, Recession Economy, Succession Planning, What's Working with Cam Marston

Why a down economy is the time to get aggressive with your business

Posted On January 12, 2023

Does the economy have you worried? Scared of a recession and what it’d mean for your business? Our guest in the latest episode of “What’s Working with Cam Marston” tells us why we shouldn’t be so anxious – and why a down economy is the perfect time to get aggressive anyway. Peter Ricchiuti, an economist and professor at Tulane University’s Freeman School of Business, says the Federal Reserve is actually doing a pretty good job of walking the tightrope between lowering inflation and avoiding recession. “There’s a lot of fear out there,” he said, “but you look at the job… Read More

Categories: Blog, Podcast, Recession Economy, What's Working with Cam Marston

What we’re blaming millennials for this week: saving too much

Posted On October 10, 2019

They’re entitled, we said. Self-absorbed. The products of participation trophy culture. But now millennials are frugal? Citing research from Raymond James, noted that millennials might be to blame for slower economic growth. Raymond James analyst Travis McCourt cited the rise of the U.S. personal savings rate — 8.1 percent this August, as compared to 5.7 percent in 1996 – as having a “disinflationary impact” on the economy, stagnating growth. McCourt chalks this up to a “generational change” after the financial crisis of the previous decade. And so now, we’re apparently blaming millennials for saving too much. Perhaps if college… Read More

Categories: Generation Y / Millennials, Recession Economy

One way to survive lean times: Keeping your operation lean

Posted On February 26, 2019

When the housing market crashed in 2008, Mobile builder Rogers & Willard found themselves in the same situation as pretty much every other construction company in America. After the crash, the company limped through 2009 on only a third of the revenue it had enjoyed in 2008. Times were lean. But fortunately for Rogers & Willard, “lean” is something with which it was already familiar. Our guest in a recent episode of “What’s Working with Cam Marston,” Rogers & Willard president Mike Rogers says the company survived those tough years by keeping its operation lean as a matter of principle,… Read More

Categories: Entrepreneurship, Real Estate, Recession Economy, What's Working with Cam Marston, Work

Are tariffs a good idea? One economist’s take

Posted On December 26, 2018

We all want to see the economy grow and create jobs. A favored method in the current U.S. administration’s efforts to accomplish this has been to use or threaten to use tariffs against foreign countries to level the playing field for American businesses. We’ve been told they will save American jobs, but our guest in this episode of “What’s Working with Cam Marston,” economist Peter Ricchiuti of Tulane University’s Freeman School of Business, begs to differ. “I think tariffs are insane,” he said. “They’re a prosperity killer. … I think these things sound good on a political stump, but they… Read More

Categories: Entrepreneurship, Recession Economy, What's Working with Cam Marston

Banking in the digital age means doing more with less

Posted On September 26, 2018

During the recession about a decade ago, many banks found themselves saddled with bad debt and forced to freeze their lending. This created an opportunity for new banks to gain a foothold – smaller, more nimble institutions with fewer branches and more flexibility. One such institution was ServisFirst Bank, a Birmingham-based bank that’s now operating in Alabama, Florida, Georgia, South Carolina and Tennessee. Our guests in this episode of “What’s Working with Cam Marston” are two of the leaders of ServisFirst’s operations in Mobile – Bibb Lamar, who serves as President and CEO for the region, and Alex Arendall, Senior… Read More

Categories: Financial Services, Podcast, Recession Economy, What's Working with Cam Marston

On today’s episode in the Generational Blame Game: The Baby Boomers

Posted On January 16, 2018

A favorite narrative these days goes something like this: If you’re wondering about the source of society’s ills, look no further than the millennials. Participation trophies. Entitlement. Pumpkin spice lattes. No wonder we’re in such a mess. You can hardly run a Google search without finding another blustery column by a Generation X or Baby Boomer writer cataloguing the many different ways in which millennials are screwed up, and how they’ve screwed up the country as a result. And all that is a load of bunk. So says Bruce Gibney, a Gen-Xer who was one of the early investors in… Read More

Categories: Baby Boomers, Recession Economy, Work

Entitled? Or bad timing? Or maybe a little of both?

Posted On July 21, 2016

Are millennials really the lazy, entitled brats they’re made out to be? Or is the millennial stereotype a media creation? Sarah Kendzior suggests in a recent article for Quartz that the image of millennials as spoiled narcissists is a media-generated “myth” that ignores the economic conditions under which the generation has grown. Far from expecting a plethora of options to cater to their whims, Kendzior argues millennials have suffered from a lack of options in the wake of the Great Recession, with lower incomes, less mobility and greater dependence on relatives than previous generations. Let’s say this out the outset:… Read More

Categories: Generation Y / Millennials, Recession Economy, Uncategorized, Work

Today’s young adults are a new breed

Posted On July 11, 2014

Bosses, parents and peers shake their heads at today’s “peter pan” kids – young adults who won’t grow up and seem to have lost their way. There were some in the Xer generation and even more with the Millennials – as they stepped out into the great big world right as the world folded in on itself (at least economically speaking). Where 20 years ago a new college graduate would strike out on his own and start making his own way, today’s graduates are saddled with debt and having trouble holding onto even the lowest rung on the corporate ladder…. Read More

Categories: Generation Y / Millennials, Recession Economy

Generational mix-up? Bloomberg Businessweek campaign causes a stir

Posted On June 20, 2013

The first rule of advertising is to know your target audience. The second rule should be a no-brainer:  don’t actively offend them. Somewhere on the way to being creative Bloomberg Businessweek advertisers seem to have forgotten rule number two. In a “funny if it didn’t happen to you” subscription campaign, the Bloomberg affiliate encourages parents, friends and family members of Millennials to send the young workforce a pithy e-card and a 12-month subscription to Businessweek. Problem is, the e-cards appeared more pithy to the givers than to the intended recipients. What I find particularly odd about this campaign is that… Read More

Categories: Advertising, Generations, Recession Economy
Next Page »