Navigating The 3 Inevitable Exits Every Family Business Leader Will Face
With all of the "New World" problems that were closing in on an "Old World" industry, Niccolo decided it was probably a good time for him to step back and let a younger generation take the company forward to find new solutions. At age 68, Niccolo kn ... READ MORE
Create An Advisor Team Which Collaborates
One of my favorite TV shows as a young boy was Mission Impossible. The show always began with Jim Phelps deciding to accept the mission and then selecting the team needed for that specific mission from his Impossible Mission Force portfolio. Fourth ... READ MORE
Know What Port You Are Sailing To
As the Roman statesman and philosopher Seneca wisely observed: "If a man knows not to which port he sails, no wind is favorable." Put slightly differently, French philosopher Michel de Montaigne suggests: "A man who does not have a picture of the wh ... READ MORE
Overcoming The Big "Fourth Quarter" Roadblocks
Every business owner faces a number of roadblocks when thinking about, planning for and eventually exiting his or her business. These roadblocks exist whether your Fourth Quarter is nearby or far off, anticipated or unexpected. ... READ MORE
Who Is Impacted By Your "Fourth Quarter"?
Everyone's financial and family well-being depends to a large degree on how well our economy performs, i.e. on how well the economy produces and sustains good jobs for the 150 million Americans who want a job outside the home or for the three billio ... READ MORE
What Is "Fourth Quarter" Planning?
Most of us would never invest in a publicly held company on the stock market if no process existed for seeing that investment grow, for fairly valuing that investment and for being able to exit that investment at fair value at a time of your choosin ... READ MORE
12 Reasons For Incredible "Fourth Quarter" Results
Over the past several years, I have spoken with business owners around the country who had decided they had reached the point of being ready to leave their businesses. However, no one was stepping up to provide them the Fourth Quarter advice, guidan ... READ MORE
The 12 Reasons For Incredible "Fourth Quarter" Results
Over the past several years, I have spoken with business owners around the country who had decided they had reached the point of being ready to leave their businesses. However, no one was stepping up to provide them the Fourth Quarter advice, guidan ... READ MORE
The Elephant in the Room
An "elephant in the room" is, of course, any situation which is very obvious to a group of persons but which is not being openly discussed. The "elephant in the room" in many closely held businesses is the question of what will happen to the busines ... READ MORE
Am I In or Near My "Fourth Quarter" Yet?
Beginning with the "Fourth Quarter" First does not mean that you must carve in stone a departure date from your business or the terms and conditions of your departure. If you are like most business owners, you have played, and will continue to play, ... READ MORE
Beginning With Your "Fourth Quarter" In Mind
My Dad could see that I was getting frustrated. He had introduced me to puzzles at a young age. He always liked to work out how the pieces needed to fit together. Working on a book of mazes, I kept making the wrong turns and hitting dead ends. "The ... READ MORE
What Happens When...?
How do today's Family Business Pioneers achieve lasting success? Whether instinctively or methodically, we see them asking and answering some version of essentially the following two key questions time and time again: "What will be the probable, al ... READ MORE
Today's Family Buisness Pioneers
Every family business leader who lives to explore and create new opportunities and to find new ways to advance the lives of their colleagues, customers and family are Business Pioneers in my book. ... READ MORE
2023 Nebraska Tax and Incentive Legislative Update: Nebraska Makes A Move To Improve Its Competitive Business Climate
In our "Nebraska Business Expansion Decision Guide," we identified the 22 State and Local Site Selection Features that we experience are most commonly considered by companies when deciding where to locate, or expand, a business. These 22 Features co ... READ MORE
Charlie's Exit Plan Legacy: "Let My Spouse Deal With It"
Research shows there are 12 principal reasons business owner transitions, successions and exits fail. Each of these reasons impacts the company's longevity and ongoing annual profitability as well as an owner's transition and future exit results. ... READ MORE
