Michael Baldinger’s Post

Managing wealth is our craft!

Find Your Better. A simple promise that supports your success on your terms. In this latest video, see how we help the Mercedes-AMG PETRONAS Formula One Team accelerate on and off the track. #FindYourBetter

Each path is unique.

I love this message. All too often we forget what it was like soon after college and we try to push our children, employees, mentees, etc. to find a purpose before they have developed the knowledge of who they are and before they have experienced enough to know what they really want to do. As leaders, it's important that we remember that our goals are to provide an environment that cultivates growth and development, especially for entry level employees, so that we can mutually benefit from their new skills and passions. It's also important that we understand that we are likely not the last place that they will work, and probably not the same industry, and we need to be ok with that. During my quarterly 1-1 meetings with my skip level reports, I make sure to ask if they are doing work that they still enjoy and ask what else they would like to work on. I also ask what they have recently learned. All of these questions give me a good idea on where I need to adjust to create the type of environment as I mentioned above. Feel free to comment on your strategies for encouraging this type of environment.

Mercedes-AMG PETRONAS Formula One Team maybe going through a difficult phase in Formula 1 but their star driver Lewis Hamilton isn't giving up yet "I've been incredibly proud of everybody. Everyone has been working insanely hard" "We've been making big steps. I think the biggest step we took was when we got to Monaco and the car has really progressed a lot since then" "We have a better understanding of where to position the car. It's been a lot more consistent - podiums, top-five finishes - which has been great" ”And, generally, we've been getting solid, great reliability. So, there's lots and lots of good bits" #HamiltonProud #MercedesTeam #LH44 #NeverGiveUp #Teamwork #HardWorkPaysOff #Formula1Progress #MonacoMemories #ConsistentPerformance #PodiumFinishes #ReliabilityMatters #StrongTogether #LewisHamilton #MercedesAMG #Formula469

Harnessing the power of remote connectivity! ✨ Its feels so good to see things going live that you have been working on. A brilliantly done effort from the marketing team to come up with a camapign to showcase how TeamViewer can help businesses find their better through different customer’s success stories. More to come! 💯 #FindYourBetter #MercedesAMGF1 #F1 #teamviewer

I have a lot of admiration for Toto Wolff (although I am not a Mercedes fan. Ciao tifosi!). I also agree with his thoughts on the uncertainty of a career path when one is just getting started. Starting college at mere 16 years old, I really had no clue what I wanted to do longer term, constantly failing to the traditional interview question of "where do you see yourself in 10 years?". I would recommend to my younger self to learn more about business and financials earlier in my journey. It helps to understand how the machinery of the world works regardless of the career path. #mentoring #careerdevelopment #business

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“You need those setbacks to learn about yourself, to grow stronger and to move forward.” In this short video George Russell, Mercedes-AMG PETRONAS Formula One Team driver, reflects on the importance of learning from setbacks and building resilience as key to development and growth. View more of his insights here: http://from.ubs/6047Y8KSB #shareUBS Mercedes-AMG PETRONAS Formula One Team

I’ve had an 18 year old paid intern start work with me recently on some summer projects, predominantly helping launch our financial freedom programme, Destination Freedom (more on that later). I’ve been frankly disgusted with how little prepared she is for the world. She’s had almost no work experience, no careers guidance and as a graphics / digital media person - she’s had absolutely no coaching on the impact of AI on her pathway. Her studies have been entirely theoretical and not remotely aligned with what employers actually need. Often when coaching or mentoring early careers people, grads and up, I task them with creating a vision for their life. I ask them to think through both personally and professionally where they would like to see themselves in 10 and 20 years time. We can then draw dotted lines backwards from that destination to inform what pathways to take. But I agree with Toto on reflection, 18 is too young and importantly like with my intern - exposure to different experiences and environments is vital to help shape that vision. We need young people to try different things without fear or synthetic pressure. But we do need them to understand money. Even without considering student debt, it’s so easy to take wrong turns at a young age with money that can define us for decades. I did, getting into credit card debt and car loans. I’ve offered my intern Charley a permanent apprenticeship already. We’ll shape a pathway that adds value for the business but exposes her to a range of clients and situations, building her vision and confidence over the next couple of years. If she sticks around great, if she heads off somewhere else to pursue her vision then that’s great too. Her reaction to our financial literacy and freedom content has been fascinating. No one has ever explained money to her, not saving, investing, compound interest, mortgages, loans, credit, debt. Nothing. She’s already thinking through safeguarding her finances and her route to financial freedom as a key element of that life vision. Sign up for updates on Destination Freedom for you or your kids here: https://lnkd.in/d2SUyyPx