He escaped Socialism, now he wants to save America

FoxNews and NPR have both featured stories about Thomas Peterffy. Fox said Peterffy created "one of the more personal ads of the 2012 campaign." On TV and online, his video warns against socialism while "urging America to vote Republican."

Quoting Fox:

"In the video, Peterffy recalls his childhood under socialism in Hungary, and says, "The nation became poorer and poorer. And that's what I see happening here." He warns that the United States, his adopted country, is embarking on a "slippery slope." 

He continues: "America's wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy. Yes, in socialism the rich will be poorer — but the poor will also be poorer. People will lose interest in really working hard and creating jobs." 

The ad doesn't mention the president or former Governor Mitt Romney. But the fact that he is investing millions of his own dollars in a message that echoes our Masthead blog column, Course Correction should make undecided or left leaning professionals in our industry take notice.

Peterffy founded Interactive Brokers. Forbes estimates his net worth at $4.6 billion. Peterffy is the political opposite of the more famous Hungarian-born billionaire, George Soros, known to support left wing causes and Barack Obama.

Peterffy has been interviewed by NPR for his role in popularizing electronic and online trading to securities

Thomas Peterffy was born in Hungary in 1944 and came to the United States in 1965. He learned English here, eventually launched Interactive Brokers in 1993 and lives in Greenwich, CN.

For those who have watched the first two debates, you will understand the following and how it relates to the above.


Image credit: Gary Varvel/Townhall



Cover image credit: The New Yorker

Clint Eastwood said it well. It is okay to let President Obama go. Register and vote Republican. Get your circle to do the same. Your company, job and a brighter future all depend on it. ##

Post by
L. A. "Tony" Kovach —- Etc.

Leaders Know and Believe…

People are spirit, mind and body… Keeping it in that order is a priority.

Attitudes come from the spirit, the mind holds skills and knowledge and the body performs the actions.

Attitudes are more important than skills.

Skills can be taught when the attitudes are right.

Actions do speak louder than words.

People move in the direction of their dominant thoughts.

If you manage results, you'll be too late.

Managing attitudes is their job.

They have a higher purpose.

People are more important than things.

Character is more important than reputation.

They are always being watched and judged by those who don't want to learn, grow and improve, so they'll have an excuse not to.

The truth is always beyond what they can see.

They'll have to do the things they don't want to do, to get what they want.

They'll have to motivate and inspire people to do the things they don't want to do, to help them get what they want and become their best.

The truth is always the best information and communication tool.

Being present, paying attention and listening is a requirement.

Communicating openly, honestly and directly is the best policy.

Selling isn't something you do to someone or even for them. It is best done with them, to help them… Selling is serving people, not pleasing people.

Most people don't really want to be extraordinary but they also don't like the idea of being average.

The easy way will almost never produce the best results.

People won't always like you when you challenge them to be their best.

They'll have to make the hard decisions and act on them.

The lowest form of behavior they allow or accept is who they are as a leader.

They need to spend time with the people that need them the most, and that's probably not who they would naturally choose to spend it with.

Culture is the cumulative, pervasive or dominant attitude of the people they lead.

It's their job to help people be prepared to, and perform to, their best.

It's a strength to be humble, gracious and forgiving.

Forgiveness doesn't mean acceptance.

Leadership is an act of service, caring and love.

There is a higher power with a higher purpose.

Keep moving forward but make sure you check the direction you are going or you may end up somewhere you don't want to be. # #

Post by
Mike Moore
Making Customers

Job, Career or Calling?

Jonathan Haidt in The Happiness Hypothesis:

Most people approach their work in one of three ways: as a job, a career, or a calling.

  • If you see your work as a job, you do it only for the money, you look at the clock frequently while dreaming about the weekend ahead, and you probably pursue hobbies, which satisfy your effectance needs more thoroughly than does your work.
  • If you see your work as a career, you have larger goals of advancement, promotion, and prestige.
  • If you see your work as a calling, however, you find your work intrinsically fulfilling you are not doing it to achieve something else. You see your work as contributing to the greater good or as playing a role in some larger enterprise the worth of which seems obvious to you. You have frequent experiences of flow during the work day, and you neither look forward to “quitting time” nor feel the desire to shout, “Thank God it’s Friday!” You would continue to work, perhaps even without pay, if you suddenly became very wealthy.

Thanks: Derek Sivers books page,,

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