Best Practice Family – oldie but goodie!

My family wasn’t able to pull off a 2-generation business, let alone one that involves four!  Follow this link to a 06/08/15 post on my retired older2elder blog that spotlights the Gerhard family, who make intergen part of their very successful business plan.

Even if don’t care how rare it is for a family biz to make it to the 4th generation (a mere 4%), reading the post was more than a trip down Memory Lane for me – it reminded me of the basics that make the Gerhard family tick, that apply to the rest of us.

Excerpt – –  “They trust us.  A shared vision.  A willingness to leave disagreements behind.  The capacity to step into real conversations.  Yes, those are core components of successfully handing down a business through the generations.  And they are the basic must-haves for a successful family, where people don’t have to worry about feeling aftershocks of a morning disagreement at a family dinner that night; where people know the vision they share & are comfortable talking about how best to make it come alive & stay alive; an ability to trust 24/7/365.  Not always be in agreement, not always seeing things the same way, but always willing to step into a real conversation.

“It’s that sort of approach that helps assure the next generation to lead a business comes from the next generation of family – and that families stay happily connected through the generations. ”


Author: auntdeev

playfulness coach, life enthusiast & general instigator, ENTJ, cat lover

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