May 18, 2012

Toddlers and Tiaras: Emotional Stress of the Reality TV Spotlight

The stress and strain that competing in reality talent shows for toddlers and teens can be overwhelming and detrimental to a child’s well-being. As a natural stage of their emotional development they don’t have mature tools to cope with defeat and disappointment. What’s more is they go through these grueling events on a very public stage only to feel humiliated and shamed upon defeat.  Shame is a heart-breaking killer of the human spirit.

While certain talent shows expand the horizons of what can be achieved through hard work and dedication  in the eyes of young viewers, exploitation of children on reality TV is a growing concern. Guidelines on how parents and producers treat and manage children in these shows need to be put in place that honor healthy emotional development. Many reality shows are structured to influence the greatest amount of emotional reaction for the audience’s voyeuristic benefit The contestants suffer long after the show is aired.

Continue reading Toddlers and Tiaras: Emotional Stress of the Reality TV Spotlight

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Warren Buffett: Teaching Children Money and Finance

Warren Buffett launched a new program to teach children basic lessons in finance. Launched through an animated web series starring a cartoon version of himself, The Secret Millionaires Club, Buffett’s mission is to get through to some young people so that they can be ahead of the game instead of behind as they learn and grow. Children learn about managing money and how to watch out for credit cards.

The show presents a “Grow Your Own Business Challenge” where children learn the lessons of entrepreneurship and participate in a chance to win start-up money for their businesses. Viewers are able to go online and vote for which of the finalists, five kids and three teams between the ages of 7 and 16 years old, they believe merit the $5,000 grand prize.  Entrants are judged by Buffett and a team of judges on criteria that include the uniqueness of concept, depth and description of concept and feasibility of concept execution”.

The most important message Buffett teaches repeatedly is the best investment you can make is in yourself. In my work with clients who struggle with the unique challenges of wealth the discussion of money and how finances work is often a taboo subject within the family household. Inheritors grow up feeling incompetent to efficiently grow and leverage their good fortune.

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Not Famous Anymore: Interview With Author Michael Loyd Gray

This week I had the pleasure of interviewing Michael Loyd Gray, author of the book Not Famous Anymore, recipient of a grant from the Elizabeth George Foundation. For those who are unfamiliar with this thought-provoking novel the story is about Elliott Adrian, a famous actor of questionable skills, drinks too much and works himself to the bottom in Hollywood. He emerges from rehab wanting to put the American Dream into reverse: he embarks on a journey to not be famous anymore and works his way back to his hometown of tiny Argus, Illinois.

After a short exile in Loreto, Mexico, Elliott’s road trip takes him from Arizona to Arkansas and finally Argus, where he discovers the girl he was briefly married to in high school, has a daughter he never met. Along the way Fox News offers a reward for anyone who can find Elliott and once in Argus he can’t quite escape from fame and must learn to straddle both worlds – Hollywood as well as Argus. A novel about the value of fame and also discovering true self.

We talked about fame, fortunes and frustrations – the unique challenges that can come with celebrity and a life lived under the spotlight.  Here is the transcript of our conversation and exploration of the paradox of fame:

Valery Satterwhite (VS): Michael, what inspired you to write Not Famous Anymore?

Michael Loyd Gray (MLG):  Growing up in the Midwest in a sleepy college town surrounded by corn and soybeans, I first encountered Hollywood and movie stars on television and in movies.  Hollywood seemed not only exotic beyond belief, but a million miles away and almost unattainable as a destination. After all, a quick glance out a window of my house on the edge of town revealed flat fields and farms in the distance – it was all pretty much Norman Rockwell stuff.

Continue reading Not Famous Anymore: Interview With Author Michael Loyd Gray

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