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 […]
Read MoreWhy do we not talk openly about wealth within a family – sometimes waiting until it may be too late? – Is it an uncomfortable topic to raise and to discuss? – Do you worry about setting expectations so that your heirs become entitled in attitude and work ethic? – Do your heirs understand the […]
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Business and family relationships are like newly sprouted plants. They have to be fertilized, nurtured, with plenty of sunshine to allow them to flourish. In this fast paced X, Threads and Instagram IM world, we sometimes do not take the time to ensure that we are investing in our relationships. For the family business, this […]
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