The POWER of SAFETY in Family Business.

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The other day I was sitting in my favorite coffee shop in Vancouver. As I am journaling about my journey and enjoying the sweet aroma of coffee surrounding me I notice a father walk up to the counter with his young son. The boy couldn’t have been older than 4 or 5 years old. There happened to be a sample of a blueberry muffin on the counter for patrons to enjoy. The father reach in and took some for his boy. Without questioning his father or asking what it was, the boy put it in his mouth and ate it.

As I watched this I starting thinking about safety and trust in Family Businesses. This little boy trusted his father completely and fully. Never questioning his dad about the food he was given to eat; he just put it in his mouth as if that was the obvious thing to do, the natural thing to do. Absolute trust, and feeling safe, in that his father would not hurt him or cause him harm.

As a Family Business member, how safe do you feel within your family? Are you creating safety? What level of trust do you have within your family?

Safety is based on TRUST. There is POWER in TRUST.

 

What does eating Crab and Family Business have in common?

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Last night after speaking to a Vistage/TEC CEO group in Saint John New Brunswick I found myself at the Saint John Ale House having snow crab and toast, a local favorite for dinner. The crab is on a bed of sourdough bread and toped with shrimp kimchi. It’s a spicy dish which I complimented with a local beer, the Pump house IPA, who’s flavors took an edge of the heat of the dish. I thoroughly enjoyed my meal. If you have ever had crab or lobster, I am sure you know how much work it is to prey open the shell to get to the meat. Some times it is a difficult tedious task. It get messy, the shell crakes to much, sometimes it splatters all over the place. Your hand get dirty and tired from the work. Patience is a must, as this is time consuming at times.Having said that, if you are a crab or lobster lover, the work is worth the prize.

As I am working away with the necessary tools to open up the crab to get to the “goodies” the succulent snow crab meat, it dawned on me. Eating crab is like being part of a Family Business. At times it is hard work, requires patience and can get messy. Having said that the reward of getting to the meat of it, is so worth it.

 

Family Wealth Report Awards 2015

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Veritage Shortlisted for the Family Wealth Report Awards 2015

December 22nd, 2014

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Francesco Lombardo of VERITAGE, one of the world’s foremost Business Family advisory firms has been shortlisted for the Family Wealth Report Awards, in the category of “Outstanding Contribution to Wealth Management in Thought Leadership (Individual)”.

Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2014’.

- Read Press Release

Source: Veritage Feed