Let’s take a brief moment from your busy day to reflect. What in your life is most important to you? Categorize and rank the following in order of importance… 1. Your life partner, your most important relationship and the quality of your relationship 2. Family, how much do they count. What time are you giving […]
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I have worked with so many families, some of whom get along, others not so much. The differences were often not with the underlying business because in most cases, the businesses were profitable and operating well. If I were to identify why the difference? The degree of communication and building trust. This pandemic has not […]
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An homage to a great man who passed away in May 2011, Wallace McCain, a magnate of industry. He navigated his great company through turbulence, and even an intrafamily dispute. Succession was important to him and he was prescient such that he established a “family office” to allow all family members better access not only […]
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Tell me. Have you considered your family business as an investment? Does your family business represent yours and your family’s entire investment portfolio? or do you have investments outside of your family business? Is your family business comprised of land holdings and the business itself? Perhaps it is time to consider your family business from […]
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Do you have children who are millennials/GenX, Y or Z? What are their beliefs? Millenials for example are those born between 1981 and 1996 who today would be 24 to 40 years of age. They represent a significant demographic group, and by 2025, they will become 75 per cent of the global work force. This […]
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