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Keeping the Family Business Running and the Business Family Happy

Written by Rob DePalo Jr.

Running a successful business is complex per se. Adding the element of “family” to a business often creates more complexities, especially as the business grows. Lifelong family bonds and expectations can run headlong into business realities and needs. Today, we’ll share some ideas about how to keep the family business running and the business family happy.

First, a definition

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The Common Element Among Unique and Successful Businesses

Written by Robert DePalo Jr. JD, CExP,
Director of Business Planning,
National Financial Network

Successful business owners may face a conundrum as they pursue success. “Though my competitors do something similar, they don’t do it the way I do it. So, how do I know the right way to achieve success, especially if I don’t do things their way?”

It’s a bit of a paradox: how can you build and enhance your company’s unique qualities while adhering to commonly followed best practices? The key is having a planning process. Here are some of the things you should consider to position your unique business to achieve generally agreed-upon standards of success.

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Take Those Risks and Follow Those Dreams

Written by Dr. Dorothy A. Martin-Neville

Have you ever noticed that whenever you feel the least bit insecure, someone shows up to convince you that you shouldn’t even think about taking that risk or doing that “out of the box” thing? Or, how do you become the leader of your own life when it feels as if so many others have opinions that challenge you every step of the way?

Taking risks, reaching further than ever before, or having the audacity to create a new path, whether for you or your company, can be frightening, exhilarating, and life-giving. It’s a calling.

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LABOR DAY IT IS!

Written by Dorothy A. Martin-Neville, PhD

A blessed and happy holiday to you. For some, it is simply a long weekend while for others it is a remembrance and celebration of the contributions of the working folks in both the development and achievements of the United States. It is a reminder that America is a country that has been built on the backs of millions of poor and hardworking people.

For all of us together, it also means that another summer is starting to wind down. School, in a variety of forms, has either begun or is about to begin. Not without the drama of masks or no masks for those going back into the classroom. Know your values and know that whatever they are, there is always a consequence. Own your values and the price of having them. How free you are to have a choice, even if one is a choice you don’t like….

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