A parent can provide a safety net, a soft place to land, but a parent should not shield their child from failure. The loss of a job, or even the fear of it, is a positive driving force that propels us towards being our best selves.
Lots of things come in threes. In spiritual life, there is the Holy Trinity. Successful sports teams boast of pursuing a “three-peat.” The triangle is an object of almost mystical solidity and permanence. I want…
You probably understand the importance of identifying, training and preparing the next generation to run the business. But what if a successor isn’t an option? What if it makes more sense to sell the business?
Few businesses can operate successfully without someone sitting in the CEO’s chair, and yet it is not uncommon for a family enterprise to find itself unexpectedly without a chief executive. The office may become suddenly vacant…