There will come a time in which the management of the existing family wealth and businesses will transition to the next generation of the family. No matter how well you have documented how this transition is to occur, its success…
Is Your Business Competitively Fit?
If you were asked to consider the ability of an athlete to successfully compete in an event, you would look to their current level of fitness as one indicator. Whatever that level of fitness may be, you would expect them…
The Downside Of Competition Between Family Members #succession
Siblings often build family businesses. These founding partnerships between brothers and sisters are often sound and strong but there usually comes a point where they decide to go their own ways. This separation can seed a very unhealthy rivalry that…
The Best Investment You’ll Ever Make
As a business leader, your energies are continually focused on your business and seeking to direct, align, motivate and inspire all the people participating within it. Your constant attention is on everyone else and there is typically little ‘me’ time…
What A Growing Family Business Can Teach Your Children #succession
The challenges encountered in growing a family business can serve as a rich field of experiences that can teach your children much about succeeding in life. Be sure not to overprotect your children and deprive them of this invaluable opportunity.…
