Watch video instead. Every family have their own set of rules, some are passed down through tradition while others more specific to the family evolved from the family’s past history. Some rules are explicit while some are implied. For example, traditional Asian families’ rules may include: Hierarchical structure, where males & older individuals have higher […]
Watch video instead. This is possibly the most blunt entry I’ve ever written, but one that will give you tremendous results, should you choose to act on it.Let me explain… Here are some of the most common challenges business owners shared with me… Their teams are not spending their time productively.If you DO NOTHING ELSE BUT JUST […]
This week, I’ll share an extract from our *complimentary booklet, “The 9 Most Common Mistakes Family (& Non-Family)Businesses Make That Prevent Them From Achieving Their Full Potential… And How YOU Can Avoid Making Them“ Mistake #3: Not Having a Systematic Way to Grow the Business, Relying instead on “Old Boys” Network, “Connections” & Past Relationships […]
Building a successful a family business is not the same as building a non-family business. There’s 2 pillars you need to focus on, the Family Pillar and the Profit Pillar. If you only focus on the Profit Pillar and ignore the Family Pillar, or you hope the family side of the business will “take care […]
Here is another an extract from our complimentary booklet, “The 9 Most Common Mistakes Family (& Non-Family)Businesses Make That Prevent Them From Achieving Their Full Potential… And How YOU Can Avoid Making Them“ Mistake #5: Lack of Exit Strategy, Estate Planning or Partnership Agreement, Leaving the Business Vulnerable to Unexpected Situations “I am very worried about my […]
The past few weeks, a number of clients have raised the issue of employee loyalty and it was an eye-opener for me on how some define employee loyalty. Many expressed disappointment and some even outright anger at their employees for “betraying” them or not having loyalty over issues such as… He/She left to join my […]
Hello Folks, Let me share with you another “moment of truth” this week. Quick recap, a ‘moment of truth’ in our terminology means facing the reality of what the real issue around a particular challenge is. So many business owners I met have expressed how difficult it is for them to train their employees or […]
Happy New Year! Start your year right by making a simple mindset shift of asking the Right Questions. The questions you ask determine the decisions you make, the decisions you make determine the actions you take and the actions you take determine the results you get. “How do I lose weight?” Vs. “How can I […]
