As a Brit born and raised, there’s one thing about the U.S. that I’ve always found profoundly difficult to understand—the American “work ethic.” Did you know that the U.S. is the only industrialized nation that doesn’t have a legal maximum number of hours you can work...
The combination of family and business is always a challenging one – and never more so than during the changing of the guard. As I’ve seen first-hand, both during my travels as a succession planning speaker and in my experience taking over my family’s business, firm...
Here’s a sobering fact: a full 70% of family businesses would like to pass their business on to the next generation, but only 30% will actually succeed at this generational transition. If you’ve attended one of my succession planning speaker keynote presentations or...
While I don’t really have a commute, per se, as a succession planning speaker I spend a fair amount of time traveling. And it seems I’m not alone; a recent AAA survey found that the average American adult spends about 300 hours—or nearly two full weeks’ time—in the...
Handing Over The Reigns
Handing Over the Reigns is a must read for anyone who is contemplating passing their business on to the next generation. This book is based on Richard’s experience in a 4th generation 100 year old family business and from the work he has done with many other privately held companies in the UK and USA.