Your succession family rule book – write it down… my weekly perspective
In order for succession to succeed, often the rules of the game have to be clearly set out and communicated to family members.
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Author: Michael Louie
Financial literacy, it is never too late – my weekly perspective
Do you think that the children were ever properly taught about financial literacy. Part of the dysfunction in this family stems from its lack of discussion around the responsibility of wealth and the challenges and simple hard work needed to achieve that.
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How do you define success? – my weekly perspective
To me, family is far more important than anything else. Second importance is to surround myself with people that share the same values….honesty, integrity and honour.
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Writing your obituary – my weekly perspective
What is truly meaningful to you in your life. A practical exercise to help you frame this existential question is to write your obituary.
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Does fair mean equal? My weekly perspective
It is not uncommon in a family business where the parents want to treat all siblings exactly the same, meaning that they each receive the same amount of “compensation” from the business. I
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