Unless your family business is a “mom & pop corner store” (which is more akin to owning a job than owning a business anyway), you will need to have a mix of ‘blood’ and ‘non-blood’ people working in it. As any business matures and grows, there becomes a need for professionalisation and systemisation. While owners may put a high value on the people in the business (especially family), the true value created in any business…
What Can We Do For You?
Free book plus shipping. Transition is a powerful tool to guide the balance of business structure and family lifestyle. We cover the cost of the book, you pay S&H. CLICK HERE
Master Your Business, Master Your Life Coaching Intensive
I’ll be working directly with business owners just like you… to give them the power to regain control of their businesses and their lives.
Exclusive Opportunity for Entrepreneurs Who Are Flat-Out Exhausted…
Do you want the Power to Spend Less Time and Energy Working In Your Business… and Actually Have the Freedom to Enjoy Life Again? CLICK HERE
Master Your Life
Transition with David Werdiger #1 Best-Selling Author
The top 3 causes of Business Owner burnout include long hours, family strife and organizational chart mismanagement. A dose of preventive medicine could go a long way. CLICK HERE
Transition Digital Membership Area: Start Your Transition Today!
Get Immediate Access
Access your free and paid content today!
Membership includes free access to the Family Matters newsletter archive plus any purchases of David's books or courses.
Not sure where to start? Don't worry... Check out David's Online Product Store
You can view all the courses and products David has created and choose based on what is most important to you.
David Werdiger, writer, speaker, adjunct professor, revolutionized cloud-based recurring billing as he migrated from his second-generation family business to C-level technology growth company roles. He is a frequent speaker at International Society of Private Wealth Network events, presents case studies at private HNWI events, and public national conferences. Werdiger is a #1 International Best-Selling author of the book ‘Transition; How to Prepare Your Family and Business for the Greatest Wealth Transfer in History’ and Founder of the Nathanson Pearson Family Office in Melbourne Victoria Australia.
Today Werdiger works from the #nextgeneration of EY Family Office Guide 2019 as the bridge between generations through The Nathanson Pearson Family Office Advisory. Utilizing technology tools like his exclusive Business Succession Risk Assessment (BSRA) programs and his Bridge Between Advisory Services (BBAS). Learn more about David Werdiger and his Programs of excellence at https://davidwerdiger.com and on social networks @dwerdiger and @davidwerdiger.
For more in-depth, thought-provoking discussion points and commentary on family and business, sign-up to gain access to the archives of Family Matters: https://www.transitionbook.co/family-matters influenced and partly based on the Book E-Myth Revisited case study.
What People Say About David
“David is a true entrepreneur and strategic thinker. He has an ability to conceptualize focused projects and deliver solutions. His nature is driven, unwavering, supportive and results oriented. David has achieved success where many others have not.”
Jeff Marshall – CEO
“I find David very open and easy to deal with. He is extremely professional and very experienced. David and his business solutions are extremely reliable. I’m more than happy to recommend his services.”
Indi Siriniwasa – Director Of Enterprise Sales
“David is a very resourceful and entrepreneurial individual. He is well respected and is frequently invited to speak as a subject matter expert.”
Richard Giuliano – VP International Sales
“Always an open an honest person to do business with, David has played a critical part in the creation of the carriage service provider business within Australia.”
John Green – Director Of Operations
“David gave considered opinion and showed both compassion for the clients we served and a strong commitment to his work.”
Suzanne Zyngier – PhD
“David’s company has consistently delivered cost-effective results and we seek to engage them whenever there is a mutually beneficial opportunity.”
Steve Waddington – CEO
The World Of David Werdiger
A while back this viral meme swept the internet. “OK, Boomer” is/was the response of younger people to complaints by older people about their behaviour and attitudes. Readers of this newsletter may know my attitude to the whole “generation wars” narrative – it’s a load of crap and we shouldn’t get caught up in it. Older people have been complaining about younger people for as long as there have been multiple generations on this earth,…
Q: If the world’s two richest men cannot keep their wives happy, what hope do we have? A: No, that’s not a real question – it’s a meme that circulated following the news of the divorce of Bill & Melinda Gates. Many people with wealth realise that money can’t make a wife (or anyone) happy, but that doesn’t stop them trying. In business, sometimes we decide to “throwing money at a problem”. That means directing significant resources…
“How to transition the family business to the next generation?” The answer depends on (a) who is asking (incumbent or rising generation) and (b) when (in the life-cycle of the business) they are asking. More often than not, the question is raised too late – when the incumbent generation is thinking of retirement, when there are already unstated expectations from both generations, and when there is already latent conflict. The key ingredients to a successful…
There are many consultants out there who advise non-profits on things like strategy, marketing, grant-writing, etc. The market for the philanthropic dollar follows the usual 80/20 rule: 80% of the funding comes from 20% of the donors (it’s probably far more skewed than that – more like 95/5). A particular area of focus for consultants is therefore how to capture the high-end of the market – HNW family giving. We can think of this as…
Friends and family members often turn to lawyers (and other professionals like accountants and wealth managers) they know in because they naturally trust a lawyer who is close to them rather than a stranger. But is this the best approach? Advisors can provide the best services when they are objective and are governed by reason and not by emotion. Often, and especially in a family situation, they specifically need to be the voice of reason…