In this blog video, Wayne shares that family business leaders are often unwilling to put in the effort required to achieve family harmony. Please share your comments below.
Wayne, you’ve struck a nerve for me, here. Resignation and cynicism hold powerful sway. What families don’t know is that building their connections can be a relatively painless, extremely rewarding process. There are at least a few people, processes and “technology” for turning this around. I’m thinking of the communities and work I’m dedicating my life’s work to: Collaborative Practice Trusts & Estates, Purposeful Planning Institute, The Heritage Institute, 8Shields/permaculture. People, give yourselves the greatest gift, the gift of connection. Sure, it’s uncommon, and you actually have to shift your inertia/beliefs. But most of life’s gifts flow from it, including successful businesses. It’s a worthy quest, and healing is possible.
Wayne,
Another great session.
Suggestion for a future session: general discussion on the financial part of stock purchase/ redemption/ succession. How-who-what when-etc
Thanks
I like your call to honesty, Wayne. Great post and an excellent reminder to be real about the quest for family harmony… or to just get on with business.
Thanks!
Chris
great blog…basically aplicable to everything.
You say you want it and it´s a priority = you talk the talk
But your actions tell a different story = you don´t walk the walk
To achieve the (desired) goal you need to take certain (hard) actions.
I´m in a disfunctional family (business) …and we´re not focussing on the future, but looking to blame eachother for anything. You´re words were very eyeopening, but hope giving in a way: the goals are achievable, but I need to put in the (hard) work…ThanX, Sandra
Hey Wayne
Isn’t it true that family is a priority? If so, growth in the business is limited by the functionality of the family. Or, you can grow but only at a price. Isn’t this a basic prncipal even if there are exceptions?
Yes, Eric. The family can hold back the business and vice-versa. No doubt about it… My point is that people SAY family is a priority, but their actions tell a different story.
Peter Johnson says:
Wayne, you’ve struck a nerve for me, here. Resignation and cynicism hold powerful sway. What families don’t know is that building their connections can be a relatively painless, extremely rewarding process. There are at least a few people, processes and “technology” for turning this around. I’m thinking of the communities and work I’m dedicating my life’s work to: Collaborative Practice Trusts & Estates, Purposeful Planning Institute, The Heritage Institute, 8Shields/permaculture. People, give yourselves the greatest gift, the gift of connection. Sure, it’s uncommon, and you actually have to shift your inertia/beliefs. But most of life’s gifts flow from it, including successful businesses. It’s a worthy quest, and healing is possible.
Wayne Rivers says:
Well said, Peter! Thanks.
Frank Hopke says:
Wayne,
Another great session.
Suggestion for a future session: general discussion on the financial part of stock purchase/ redemption/ succession. How-who-what when-etc
Thanks
Wayne Rivers says:
Great idea, Frank! Thanks.
Jon Deeny says:
Another great message. I look forward to these!
Wayne Rivers says:
Thanks, Jon. Hope you’re prospering!
Chris Thrall says:
I like your call to honesty, Wayne. Great post and an excellent reminder to be real about the quest for family harmony… or to just get on with business.
Thanks!
Chris
Wayne Rivers says:
Thanks, Chris.
sandra de Roos says:
great blog…basically aplicable to everything.
You say you want it and it´s a priority = you talk the talk
But your actions tell a different story = you don´t walk the walk
To achieve the (desired) goal you need to take certain (hard) actions.
I´m in a disfunctional family (business) …and we´re not focussing on the future, but looking to blame eachother for anything. You´re words were very eyeopening, but hope giving in a way: the goals are achievable, but I need to put in the (hard) work…ThanX, Sandra
Wayne Rivers says:
You’re welcome, Sandra. Good luck and God bless!
David M. Fligel says:
Wayne – great book. I too sent it to my kids ages 25 and 28.
Wayne Rivers says:
Thanks, David.
Eric Ressler says:
Hey Wayne
Isn’t it true that family is a priority? If so, growth in the business is limited by the functionality of the family. Or, you can grow but only at a price. Isn’t this a basic prncipal even if there are exceptions?
Wayne Rivers says:
Yes, Eric. The family can hold back the business and vice-versa. No doubt about it… My point is that people SAY family is a priority, but their actions tell a different story.