Family enterprise wealth, a blessing or a curse? – my weekly perspective

Sayings, all well put from David and Goliath by Malcolm Gladwell, said in three different languages: – from shirtsleeves to shirtsleeves in 3 generations – Dalle stelle alle stalle (from stars to stables) – Quien n lo tiene, lo ance; … Continue reading

Don’t forget management Succession – my weekly perspective

Succession. Two components are critical to the longevity of a business. 1. Succession of the business from one generation to the next, and 2. Succession of the key management. Many progressive businesses are (thankfully) proactively working on family ownership succession. … Continue reading

What do I have? – my weekly perspective

As we enter fall, the change of the seasons signals a time for reflection, and organization. Lately, I have had the opportunity to work with families, where the matriarch or patriarch passed unexpectedly. The heirs were caught by surprise and … Continue reading

Rip off the band aid – my weekly perspective

Many times, I have seen family disputes arise, over money. Often at the peril of family unity. Why does this happen? Hurt feelings, love being equated to money, power and most commonly some prior and as yet unresolved family dispute. … Continue reading

Financial literacy amongst the children – my weekly perspective

Financial literacy. What is it – raising the level of knowledge about money, wealth and financial matters. The intent is to help those who have or will have money under their responsibility learn about some basic concepts and are able … Continue reading