The Role of the Attorney Comes Full Circle
There was a time when a lawyer was considered the “consigliere” to the family and its business.
Tout the Family Ties as Part of the Brand
Myth: Family businesses are small businesses run by the seat of their pants. As such, they should do their best to keep that fact hidden, not promote it, and certainly not incorporate it into their brand.
Riding the Shirtsleeves: Deconstructing a foundational family business myth
As I prepared a presentation, the chair of the financial services firm cautioned me, “Please, don’t start with the shirtsleeves to shirtsleeves story; we’re sick of it”.
Why Clients Really Call
Family business stakeholders are smart. They know their business and their family better than any consultant ever will. They may have read many of the foundational books and articles on best practices for family business.
Estate and Wealth Planning for Family Enterprises: Reality — not myth — as the proper starting point
The 2015 FFI Global Conference theme of “myths and realities” provides an excellent opportunity to focus attention on how best to advise family enterprises for the long-term success of the family and the enterprise.
Will the Real ‘Wealth’ Please Stand Up!
Wealth. It’s a cornerstone word in the family business vocabulary. But is its use on point?
Should There Be Such a Thing as a High Growth Family Firm?
Growth vs. Profitability High growth strategies are a myth and a recipe for reduced profitability.
Lego: From bankruptcy to “everything is awesome”
“Everything is awesome Everything is cool when you're part of a team Everything is awesome when we're living our dream” A colorful crowd, wearing different superhero masks, was joyfully singing the Lego movie main theme.
The Myths and Realities of Defining Family Wealth: Whose definition is it anyway?
Wealth is the abundance of valuable resources or valuable material possessions. This includes the core meaning as held in the originating old English word weal.
Realities and Myths of Entitlement in Business Families
Entitlement in family business is not always about the next generation, at times it also includes the founder generation’s beliefs, patterns and ways of being.