“He who obtains has little. He who scatters has much.”–Lao-Tzu When you’ve been blessed with any kind of success, in business or otherwise, one of the greatest things you can do is pay it forward. In many cultures, it is encouraged to take a percentage of the earnings you have made and contribute that to […]
What to Do When Family Doesn’t Want the Family Business
When it comes to family business succession, the next generation often struggles to maintain the business’ success. In fact, the transfer from generation one to generation two is usually about 30% successful, while the percentage of successful transfers between generations two and three sits around 13%. The reasons can run the gamut from the next […]