Truly successful businesses excel in at least one of three key areas and adequately execute in the others depending upon the strategic focus they choose in delivering outstanding service to [...]
This should go without saying, but we can all fall into the trap of taking our frustrations out on other people. This can happen when we’ve just had a contentious exchange with [...]
This week we welcome back our good friend and fellow Mindshop member, Jerry Robinson of Atlanta. You can learn more about Jerry by visiting his website at [...]
In their best-selling book, Built to Last, Collins and Porras studied 18 companies which all met the following criteria: Premier institution in its industry Widely admired Made an [...]
Last June, my wife and I went to Omaha to celebrate my daughter’s birthday with her and her family. My grandson, Tyler, was watching out the front window as his grandma pulled into [...]
Guest Post: Kavin Matthews is a financial writer from Carson City, Nevada, who has expertise in dealing with financial issues. He loves to contribute financial write ups to websites and [...]
When family business leaders think about a successor to their position, they often think first of the next generation of family members. This is certainly understandable, since it [...]
Succession planning is a process, not an event. It doesn’t matter if your chosen exit strategy is a transfer within the family or an outright sale. The process takes time, [...]
When a qualified son or daughter decides not to join the family business it can cause confusion, resentment and emotional distress for the entire family. So why would an individual [...]
A 2011 survey of family businesses conducted by Family Business Magazine revealed that over 35% of business leaders will retire in the next five years and nearly 60% will retire in the next ten [...]