“You don’t have to be a fantastic hero to do certain things – to compete. You can be just an ordinary chap, sufficiently motivated to reach challenging goals.” – Sir Edmund Hillary, first climber to successfully summit Mt. Everest To effectively manage a family business you need to know how to set goals. Goals can […]
Challenges of Family Business
Keeping the Holiday Spirit in your Family Business
As a family business manager, I’m sure you know when morale is high, profits are even higher. When employees, whether they are family members or not, are happy the whole company runs smoothly. All the cogs and wheels fit well and hum right along. However it’s so easy to get caught up in the day-to-day […]
How to Lead Your Family Business by Example
Have you ever been in a meeting full of people talking and mingling when someone walks in and quickly becomes the center of attention without saying a word? Or, better yet, someone who can persuade anyone to do what he or she may ask? These individuals are born natural leaders while others of us struggle […]
How Positive Relations Directly Affect Your Family Business
Managing a family business is similar to being the CEO of any business. In both types of business there is a lot of time spent together, plenty of personalities, and everyone has a job to do. It is crucial to manage the relationships because in family business this has a powerful impact on the success […]
Family Business Relationships: Effective Ways to Help Family Members Deal with Work Related Stress
Possibly, only a handful of family businesses worldwide have family members with little or no stress. Having stress on the job is commonplace and expected. There are many different personalities along with just as many job responsibilities and pressures in a business environment. Sometimes, however, these different personalities don’t see eye to eye and the […]
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