'Passing The Torch' At A Family Business: Succeeding At Succession
In the world of family businesses, the story of succession often takes center stage and for good reason. It's a tale of passing the torch from one generation to the next, a challenge that can either fuel the fire of prosperity or extinguish the flame of a promising legacy. As the president of Promark Electronics, a division of Electrical Components International and a thriving family business, I've been at the helm and leading the business for the last 10 years, reflecting on a decade of leadership with great pride. It's my pleasure to share our journey of successfully honoring my father’s legacy and growing a prosperous business alongside my brothers. I hope to inspire entrepreneurs to believe that fruitful generational transitions are not only possible but within reach.
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7 Strategies For Business Survival in Today's Environment
Over the years I have spent mentoring business owners and new ventures, I often notice the similarities between successful professionals managing their careers and successful owners building a business. Reid Hoffman, cofounder of LinkedIn, helped me crystallize these similarities with his classic book The Startup of You. Here are key survival skills for both lifestyles:
Click Here
The Body Shop set to appoint administrators; UK hit by ‘significant long-run output cost of Brexit’
Goldman have looked into the economic costs of Brexit, both structural and cyclical, and found that UK real GDP has fallen short of similar countries by about 5% since the 2016 referendum.
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'Passing The Torch' At A Family Business: Succeeding At Succession
In the world of family businesses, the story of succession often takes center stage and for good reason. It's a tale of passing the torch from one generation to the next, a challenge that can either fuel the fire of prosperity or extinguish the flame of a promising legacy. As the president of Promark Electronics, a division of Electrical Components International and a thriving family business, I've been at the helm and leading the business for the last 10 years, reflecting on a decade of leadership with great pride. It's my pleasure to share our journey of successfully honoring my father’s legacy and growing a prosperous business alongside my brothers. I hope to inspire entrepreneurs to believe that fruitful generational transitions are not only possible but within reach.
Read More
7 Strategies For Business Survival in Today's Environment
Over the years I have spent mentoring business owners and new ventures, I often notice the similarities between successful professionals managing their careers and successful owners building a business. Reid Hoffman, cofounder of LinkedIn, helped me crystallize these similarities with his classic book The Startup of You. Here are key survival skills for both lifestyles:
Click Here
The Body Shop set to appoint administrators; UK hit by ‘significant long-run output cost of Brexit’
Goldman have looked into the economic costs of Brexit, both structural and cyclical, and found that UK real GDP has fallen short of similar countries by about 5% since the 2016 referendum.
Click Here
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