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In the Age of Entrepreneurship, Paternalism is Long Gone

In the following video interview, Brendan Byrnes sits down with Maynard Webb, author of the book Rebooting Work: Transform How You Work in the Age of Entrepreneurship. They begin by discussing work models that have become outdated or ceased to exist over time, oftentimes to the disadvantage of the individual. This is especially true when it comes to preparing for retirement, considering that people no longer hold one job for life and pensions are increasingly a thing of the past. In The Motley Fool's free report "3 Stocks That Will Help You Retire Rich," we name stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

The transcript below is lightly edited.

Brendan: Hey Fools, I'm Brendan Byrnes and I'm joined today by Maynard Webb, the author of Rebooting Work: Transform How You Work in the Age of Entrepreneurship.

First of all, thank you so much for your time Maynard.

Maynard: It's nice to be here.

Brendan: So my first question is overall in the book you tackle these outdated models of work that no longer sync up with kind of the individual's goals or maybe the companies goals. What's an example of that?

Maynard: Well, I think the age of paternalism and paternalistic companies is long gone. People no longer have jobs for life, most of us don't have pensions, those are all examples of outdated models of work where you're at one company forever, that's just gone!

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