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; y quien lo tiene, lo deshance (he who doesn’t have it, does it, and he […]
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…an existentialist ponderance today in my blog. Have you ever asked yourself this question? This was THE QUESTION posed previously at TedX, which I attended. Starting a meaningful conversation Stop and reflect on this matter for a moment. Some questions: – who are you? No really, who are you? – how did you get here? […]
Read More‘Life’s most persistent and urgent question is, ‘What are you doing for others?’ – Martin Luther King, Jr. Why philanthropy? You cannot take it with you and many business families wish to leave a legacy, whether anonymous or named donations, that make a difference to causes about which they care. In my view, philanthropic efforts […]
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This cartoon is intended to be hyperbole about business and family succession. Maybe you should think about what you are doing right now for the succession of your family enterprise. Are they ready to inherit the family enterprise? Including Are your heirs financially literate? Do they understand the business? Are they yet involved in the […]
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Succession of a business can take a long time, sometimes 5-20 years, possibly a lifetime. I am in the midst of succession planning discussions with one family that is now into its 3rd year, having made significant headway on communications and setting ground rules. Another family has been working on succession for 7 years and […]
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