Strategy, playing the long game – my weekly perspective

I have been reflecting since the beginning of the year on my business. Some brief thoughts you may consider for your family enterprise planning for 2018. 1. Operations and day to day – check 2. Short term profitability and business … Continue reading

Successful cousin consortiums – my weekly perspective

What stage is your family at in your family business? Have you addressed the unique set of dynamics that are at play in your business at this time? You should consider which stage you are at in the business in … Continue reading

Work – life balance, some wise words – my weekly perspective

Today, we will take a small detour from our usual comments about business succession.  Work – life balance.  Ah, this is the ever elusive goal of many of us, not to be over generalizing but certainly the goal of many … Continue reading

Thanks and gratitude – my weekly perspective

Be thankful. We baby boomers have been fortunate to have lived through decades of the most prosperous time in much of recorded history. We have reaped (earned) much of these benefits. This accumulation has seemed relatively easy though “a rising … Continue reading

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

Your sunset in the family business…my weekly perspective

As the owner of the business, what are your options if you wish to phase out of the business?  You could work to transition the business to your children.  This is the wish and hope of many parents who have … Continue reading