Founder and Chair – LMFC
Vice Chair – LMFC
President and CEO – LMFC
President & CEO – The Bank of Holland
SVP of Shared Services - LMFC

Hear from the founder of Lake Michigan Financial Corporation, Rich Lievense, and his insight on what this blog encompasses.

Forget austerity, sovereign debt, and the euro.  The roots of Europe’s problems are much deeper.  They relate to their falling population and inability to provide opportunities to their young people.  These are some of the same factors that led to a mass movement to the United States in the 19th and 20th centuries.

Read "The Other Reason Europe Is Going Broke" from The New York Times.

The decision to sell a private company is one of the most difficult a business owner faces.  This article provides practical advice on appropriate timing.

Read "Why Some Business Owners Think Now is the Time to Sell" from The New York Times.

Catch this video.  It's a great reminder of the skills and resources that are unique to our great state of Michigan.  We were once the most powerful and productive state in the country.  With leadership, persistence and a winning attitude, we can be again.  Michigan rocks!

For a century, the American economy has introduced many of the world’s most innovative products.  This innovation has led to a standard of living for our country that is unsurpassed in the world.  There are those who feel this innovation will be led by China in the future.  This article discussed this important topic.  The Great Stagnation

Read "Will China Outsmart the U.S.?" from The New York Times.

If you are interested in reading further about this topic, we have recently read a short book that presents the importance of innovation for our economy.  The book is Tyler Cowen’s The Great Stagnation.  I would highly recommend it.

Find "The Great Stagnation" by Tyler Cowen on Amazon.

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