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Steve's Tip of the Month:
Plans don't motivate people to take action, but dreams do.
Recall that Martin Luther King did not say "I have a plan!"
The dream is how you figure out where you want to go, the plan is what you put together to get there. But it is hard to plan the journey if you don't know where you want to go. Sometimes people need help figuring it all out.
I have been hard at work creating a new tool to be used with client families. In order to road test it, I am looking for some select families to volunteer as "guinea pigs", for whom the process will be done free of charge as part of my "product development" work.
Please let me know if you are such a family, or if you know of anyone who might like to participate in finalizing the "Enterprising Family Continuity Blueprint".
The deliverable is a one page snapshot (11 X 17) of where you are now, where you want to go, and how you can get there, for all three circles: Family, Ownership, and Business.
Work continues on the second installment of my
Quick Start Guide Series.
Hot on the heels of:
My Kids in My Business? Yes/No, When, How, Why?...
... I am currently completing the research for "Sticky Baton Syndrome
(ask Prince Charles)", which is slated for August release.
Outside link of the month:
Most of the big accounting firms do plenty of research pieces around the subject of family
business, and EY really did some nice work here, along with Kennesaw State University:
Family Business cohesion and profitability
Initial findings from the global survey of the world's largest
Plenty of food for thought, including lots of ideas that are being
presented for the first time in Family Business literature.
along with a time that works for you, and I will call you to get our
first conversation started.
MBA, CFA, FEA
Family Business Advisor