Damns Given: Nick Richtsmeier

Damns Given: Nick Richtsmeier

We've spent a generation obsessing about efficiency only to realize the inefficiencies were load-bearing. For ventures to thrive they are going to have to rediscover the business of trust.

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Newsletters

Mar 26
Do Not Recommend

Do Not Recommend

We've let the internet decide how we decide on nearly everything for two decades now. It's not working for consumers, and it's not working for your business. Here's what happens next.
6 min read
Mar 25
Organic growth fails on purpose

Organic growth fails on purpose

There are only two business plans left for growing RIAs: Build to Sell or Build to Buy. And for all the firms not doing either, they are counting on running out a clock that is moving faster than even the most cash-sheltered RIAs can imagine.
7 min read
Mar 11
Planting seeds of discontent

Planting seeds of discontent

You cannot critique something well unless you love it. Once something is in your veins, like marketing and finance and education and the internet are in mine, passion for the possible feeds a holy discontent. One worth fighting for.
5 min read
Feb 20
How legacies actually get made

How legacies actually get made

To steal the infamous words from Hamilton: a legacy is planting seeds in a garden we'll never see. As a very amateur gardener, I think about this often. Even when you are going to see the seeds grow, you're often very, very wrong about the outcome you're going to get.
5 min read
Feb 13
Communication is not the goal

Communication is not the goal

Some combination of the internet's meltdown, media failures, and falling reading skills are killing communication. It's time to reset your sights: communication is not the goal, understanding is.
4 min read
Feb 09
They decide with their eyes first

They decide with their eyes first

Trust-dependent ventures must think like designers. From visual layouts to client experiences, from lobby layouts to website UX, it’s imperative to your trust-based growth that you bring a design mind to the party. Featuring Guest Contributor Laura Sorensen
5 min read
Feb 06
Breaking rules and techno-fantasies

Breaking rules and techno-fantasies

Big trends are made by category incumbents, held up by media, and monetized by the masses who are desperate to feel connected to the newest, hottest thing. This collusion of the willing puts up barriers to entry to producing value and growing marketshare. This week we recognize the signs.
6 min read
Jan 25
Finally! Fewer CMOs (but more bad rashes)

Finally! Fewer CMOs (but more bad rashes)

Fewer CMOs is good news, more Jon Stewart is not, and how to read better to think better.
6 min read
Dec 22
The Good List 2023

The Good List 2023

2023 has been a whirlwind of a year. From the headlines, books, media, and trends, we bring you 24 good things that came from this year... and a few hints as to what may happen next.
11 min read
Dec 18
Is "Fund-and-Fix" the new model for RIA Growth?

Is "Fund-and-Fix" the new model for RIA Growth?

Minority investors are finding what we’ve found in our years of working with RIAs: The ATT Trifecta (Acquisitions, Talent, and Tech) is not sufficient to produce scalable growth, and in the wrong hands it makes things worse. New entrants are trying to "fix" that.
7 min read
Dec 11
AI quiet quits and trust comes back in fashion

AI quiet quits and trust comes back in fashion

Looking back, 2023 did a good job of making us believe that shiny objects, fancy AI gadgets, mass-produced content, and general internet tomfoolery would grow businesses in scale and trust. Turns out they were wrong, again.
5 min read
Dec 07
Seven marketing predictions for 2024

Seven marketing predictions for 2024

Growth in 2024 will not be for the faint of heart. We are one year further into the unraveling of the digital marketing panacea. 2024 will accelerate the fracturing of digital marketing, and the strategic gap between marketing and strategy has to be solved.
6 min read