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THE M WORD: The Money Talk every Family Needs to have about Wealth and their Financial Future by Lori Sackler

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11Practice Makes Perfect

Planning for Successful Money Talks over the Long Term

The world’s a stage and most of us are desperately unrehearsed.—Sean O’Casey

In his bestselling book Outliers, Malcolm Gladwell explores the various factors that contribute to success. He came away from his research with the “10,000-hour rule.” Gladwell believes that what separates the truly successful, the outliers, from the rest of us is that they have had, either by design or by default, the opportunity to practice specific tasks for more than 10,000 hours. For example, he explains how the Beatles, by performing frequently in Hamburg, Germany, over the course of four years, amassed more than 10,000 hours of practice before they hit it big, and how, by gaining access ...

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