The Most Important Conversation You and Your Successor Will Ever Have
Grandpa built it. Mom scaled it. Cousin Charlie wrecked it. This progression is all too common in family-owned business. One generation launches the company, the second takes it to new heights, and the third runs it into the ground. Of all the factors that keep 88% of...
The Key Ingredients for Succession Success
The Key Ingredients for Family Business Succession Success ( 2min read) “Vision without execution is hallucination.” Thomas A. Edison 85% of family businesses that fail in transition do so because of poor communication and insufficient preparation. That’s why, every...
The Truth about Your Succession Preparation That No One Will Tell You
The Truth about your Succession Preparation ( 2min read) Abraham Lincoln once said, “Give me six hours to chop down a tree, and I will spend the first four hours sharpening the axe.” The wisdom behind those words is simple, yet profound: careful preparation is the...
The Secret to Business Succession You’re Not Supposed to Know
Do you talk about your business transition? ( 2min read) Would you get engaged without learning your partner’s hopes for the future? Would you send your child to a school without first chatting with a few teachers? Would you hire someone without interviewing them?...ABOUT US
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