Shift Your Family Business  |  Monthly Insights  |  July 2019

Tip of the month:

Recognize your (eventual) mortality
No big surprise here, but we are all going to die, some day.  Also no surprise, few people like to think about this fact, and they like talking about it even less.
The fear of death remains one of the biggest reasons why families don't have the important discussions that they need to have to properly plan for the future.
Sometimes, the earlier you start, the better.  You see, when you can talk about it as something that will occur "eventually", it is usually not as heavy a subject.  The longer you wait, the more "real" it feels, and the less likely you'll be able to have a productive discussion.
Simply starting with a preamble like "I know we are probably a few decades away from this actually happening, but..." can be a nice intro.

What's New:

Buy now on or

My second book, Interdependent Wealth, is now available, exclusively from Amazon.
Thanks to those who have already purchased it.  If you enjoyed it, please don't keep that to yourself.
If you've ever wondered how to get the author of a book to like you, here is a hint: Write a nice review of their book on Amazon! 😊

Blog of the Month:

Following up on last week’s post, Three Pillars of Family Governance from a Pro, in which I invoked the wisdom of Barbara Hauser, one of the veteran contributors to the field of family enterprise, I’m going to do something similar this week.

This time I’ve been inspired by Randel Carlock, a professor at INSEAD, who has also been a major contributor to this field for decades.

Read more >

Quote of the month:


Outside link of the month:

Until next month's newsletter.
I hope you enjoy my weekly blogs in between.

Steve Legler
Family Business Advisor
If you received this from someone else and are not already signed up, please:
Sign up for my Newsletter 

* Also, PLEASE forward this to anyone and everyone who may be
interested in the subject of family business and business families *