As I was working on this blog, a timely piece of wisdom from Seth Godin hit my inbox. Seth writes:
“We talk about risk like it’s a bad thing. But all forward motion involves risk.”
He is spot on.
There was risk starting the business.
Family Biz Matters
09/01/2021
Author: Cheryl Doll
I work with many family business owners that are passionate about what they do. They work to carry on a business that was built by family – by parents, grandparents, even great-grandparents and beyond. These fami
08/25/2021
Author: Matthew Baran
June 2018 – Now that the acquisition and transition mission was successfully complete, having guided the IT, Support, and Operation departments to become one Cleo, it was time to start focusing on another growth stage for the company. We dubbed it “Mission: Customer Success”.
08/20/2021
Author: Tom Garrity
This is one of the biggest problems in family business governance, where parents are trying to be fair to the children, and they think being fair means being equal.
08/11/2021
Author: Cheyenne Bennett
Can you say you truly care about the individuals on your team?
Yes, I did just ask that. Let me share some thoughts on this while you contemplate your answer.
08/04/2021
Author: Cheryl Doll
While I love reading articles like “the top 10 ways to….” or “how to succeed in business without really trying”, sometimes I’m more curious about how to avoid mistakes or pitfalls. This leads me to today’s topic: how to fail at family business succession planning.
07/28/2021
Author: Matthew Baran
April 1, 2016: The acquisition became official, and with it came a whirlwind of EPIC proportions. No matter how many books you read or how well you think you prepared for change, there will be surprises along the path of a company integration.
07/22/2021
Author: Tom Garrity
“The father buys, the son builds, the grandchild sells, and his son begs.” Scotland
“Rice paddies to rice paddies in three generations.” Japan
“Clogs to clogs is only three generations.” England
“Wealth never survives three generations.” China
07/07/2021
Author: Cheryl Doll
In working with many families and their businesses, I’ve found that every family has its own unique DNA, behaviors, values, and traditions. Yet, there is ONE theme that made all the families seem very similar...and that is the tension, angst, and, at times, a complete unwillingne
06/17/2021
Author: Tom Garrity
Life is full of paradoxes.
· Failure leads to success
· The more choices we have the harder it is to choose
· The only constant is change
· Solitude makes you more sociable