Have we been outsourcing our lives? Many of life’s less interesting tasks, considered menial, are no longer done by ourselves. We hire lawn and garden care specialists, domestic help for cleaning and cooking, mechanics to fix our vehicles. What is left for us to do, push paper, input into a computer? What happened to “chore […]
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What is wealth? This is a definition unique to your family. Many families never start the conversation around wealth with their successors. It is never too late.
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Finishing a marathon is more about the preparation than the race itself. Marathon training and running the race are a great analogy to your family’s succession plan. They both require commitment regular training with high levels of communication biofeedback and feedback from a coach or others, and take time. I have not run a full […]
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Lenses (3) = family, business, ownership Did you know that in your role in the family enterprise, you can have three different roles: family, business, ownership? They each have differing and sometimes conflicting goals and objectives so to clearly understand a decision that you are making, you should understand from which of the three perspectives […]
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The enterprise is not just about making money. I hope that you and your family has a greater purpose than that. I should not judge because for some the quest for more wealth is their singular focus. Much literature has studied the traditional 3 circle model for family enterprises made up of family, ownership and […]
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