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Friday, January 31, 2025

Entrepreneurship and Family Succession

The risks of poor communication

AS PART of my firm W+B Family Advisory’s governance engagement protocol, I would usually start with a one-on-one session with family members to allow...

The risks of not communicating

BY PROF. ENRIQUE SORIANO HAPPY Chinese New Year! Managing family businesses is complex. In addition to managing the business, the family needs to govern itself. This...

What makes family businesses different?

BY PROF. ENRIQUE SORIANO A FAMILY enterprise is a business organization actively owned, operated and managed by two or more members of a single family. It comprises family members...

Say sorry before you run out of time

BY PROF. ENRIQUE SORIANO “PAPA and I often fought but today he is gone. How do I say sorry now? It is too late. I...

2022 is Year of Reconciliation

BY PROF. ENRIQUE SORIANO REFLECTING on my article last week related to the distraught son’s email about his failure to seek his late father’s forgiveness,...

A Kinder 2022 full of Hope and Reconciliation

BY PROF. ENRIQUE SORIANO “Nothing — absolutely nothing — is more final than death, and it closes the door on everything we should have done...

Can we combine Wealth and Legacy? Part 2

BY PROF. ENRIQUE SORIANO ACCORDING to the Family Firm Institute, “while the majority of family business owners would like to see their businesses transferred to...

Can we combine Wealth and Legacy? Part 1

BY PROF. ENRIQUE SORIANO MAY THE spirit of Christmas infuse your family members with hope, inspiration and joy! The world is changing, and entrepreneurs must do two...

Founder’s dilemma: Is it power or legacy?

IF YOU’RE a founder and business owner that is past 60 years of age, I strongly suggest that you put the words change and...

Without a succession plan, your business is in peril

ONE OF THE great founders of America, Benjamin Franklin, so eloquently once said, “Our new constitution is now established, everything seems to promise it will...