Who Are You Working For?

Who Are You Working For?

(Michael Louie’s article first appeared as a post in Success in Succession) Have you ever stopped to think about why you are working so hard, an existential enquiry? I know we all have continuing responsibilities: family, employees, customers, suppliers. All are...
Millennials Modernizing Family Businesses

Millennials Modernizing Family Businesses

Across the country youthful energy and ideas are helping family businesses — from real estate brokers to bakers of cheese crisps — evolve. Millennials, the official term for people born between 1980 and 2000, are learning from, and teaching, their Baby Boomer parents...
The Modern Family: A quest for work-life balance

The Modern Family: A quest for work-life balance

(by ANNIE OURSO LANDRY for BusinessReport.com) It’s well past 10 p.m. on a Monday night and Kristi Richard is still awake—and working. Not because she isn’t tired. For Kristi and her husband, Daniel, this is life in the modern world of juggling work and raising young...
Coping with Stress at Work

Coping with Stress at Work

Even in family businesses, many people are challenged by stress at work. In this week, NxtGen Nexus is stress-relief themed to see if we can help. First, here’s a look at the American Psychological Association’s advice on dealing with stress in the workplace: Everyone...
To Join or Not to Join the Family Business?

To Join or Not to Join the Family Business?

(by Juliette Johnson writing for Family Business United) Juliette Johnson shares her thoughts on the next generation and the challenges associated with whether or not to join the family firm. I am often asked for advice from young family members as to whether or not...
Should You Join the Family Business?

Should You Join the Family Business?

(by Judy Lin Walsh and Rob Lachenauer writing for the Harvard Business Review) Richard (not his real name) graduated from college on a Friday. Three days later he would start his first day on the job in his family business. The choice was not one that he gave much...

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