Transition: How to Prepare Your Family and Business for the Greatest Wealth Transfer in History

Author(s): David Werdiger

Business Finance Management

WARNING: Transition Is Here... Are Your Family Business and Wealth Prepared for MAJOR Transition?Everything is in Transition. Look around...Business is in Transition. Family is in Transition. And the thing that no one wants to truly admit...Wealth is in Transition. You will be faced with some very difficult choices in the months and years to come.Now is not the time to bury your head in the sand and pray that challenges in your family business will magically work themselves out. You MUST be strategic. You MUST put your family first. You MUST make the right decisions now to prepare for the future.If you don't, Transition will hit you like a major league baseball swing to the back of your head. You'll be left unconscious, broken, flailing to survive, being dragged under by the overwhelming weight of your business on your life and your family. How do you navigate change like this in your business?First, you need the real truth about family business longevity. The fact is, 90% of family business are wiped from the face of the earth by the third generation. Only 40% even survive making it to the second generation. The numbers are not in your favor.To make matters even worse, wealth management awareness is quickly fading and many of your family members who are involved with the business may not have a strong understanding about the value of a dollar. While you're fighting with your family members about minor business issues, your wealth is being eroded quickly by poor, uninformed financial decisions made by those closest to you.All this can make trying to position your family business and your wealth for transfer to the next generation a nightmare! But luckily for you, there's now a solution! If you're looking to not only weather the storm but thrive in your family business, then this new book by Wealth Transition and Family Business Expert, David Werdiger, reveals how every Family Business Owner can understand how to position their family business and wealth transfer for success.Here's just a sample of the what David Werdiger will cover for you in the pages of this insightful new book: Transition How to Prepare your Family and Business for the Greatest Wealth Transfer in History Learn how to better communicate and connect with the other generations involved in your family business. Page 19 Understand the power of storytelling and how it influences your legacy. Page 23 Identify successful strategies for raising children with wealth and identify the best way to bring them into the family business. Page 77 Can your business continue without you? Make sure you can effectively remove yourself from your business and still have it thrive. Page 96 Discover the cross-generational differences regarding investing and philanthropy. Page 119 Bring balance and meaning to your business, family, and life and recognize how giving is just as important as receiving during a transfer of wealth. Page 127 ... and much, MUCH More! Never before have you had such a unique opportunity to have this PROVEN Wealth Transfer and Family Business Expert take you by the hand and explain not only how to prepare for your business and family for the greatest wealth transfer in history, but also how to position your family business for massive success through the generations to come! Most of what you need is instruction and encouragement from someone who has "been there and done that!" Get this book NOW and claim the Family Business success you want!


Product Information

General Fields

  • : 9780986103674
  • : Nathanson Pearson Pty Ltd
  • : Nathanson Pearson Pty Ltd
  • : 0.2
  • : April 2017
  • : 216mm X 140mm X 9mm
  • : United States
  • : books

Special Fields

  • : Paperback / softback
  • : David Werdiger