Author: Michael Louie

Have you sufficient financial resources for your family?  When is enough enough?  This is a question often asked by entrepreneurs and business owners.  For many business owners, they have a belief system which includes giving back to the community…philanthropy. Franco Lombardo, author of “Life after Wealth®: When is Enough”, wrote in an easy to read […]

Are you taking the time to think not just about how to run your business, profitably? Are you also thinking about the deeper and more difficult questions around succession? Many questions…we need to seek some answers to them. 1.  Are your children the natural succession candidates? 2.  What if you have more than 1 child […]

Have you ever stopped to acknowledge and identify those within your team and company that are integral to the businesses’ operations?  Most of us don’t.  Unfortunately, studies have demonstrated that more HR management energy is spent on the poorly performing employee and not on the top performing employees.    Fortunately if a Google search is […]

The journey into and through a succession plan is fraught with difficulties and challenges. Why? You are dealing with human emotions, hopes and dreams which can be unpredictable. The goal is to handle and work through these challenges. The best way…communication with intention and clarity. Think about what could be the sticking points and what […]