Tag Archives: STRATEGY
We’ve seen deals – and even families – fall apart when thanks to a direct investment gone bad. While direct investment can be an exciting and lucrative tool to build and maintain your family’s wealth, if you’re just starting out, you’ll want to avoid these rookie mistakes.
Right Here, Right Now: Crafting A Successful Family Office Investment Strategy and Assembling The Team To Support It
In our last article, we detailed the first two factors for successful family office direct investment: Right Experience and Right Reasons. Today, we’ll cover the next two factors: Right Strategy and Right Team. You can see the complete list in our intro post on the topic.
In our last post about the Value Creation Vector, we dug into the first lever, Profit Potential. Today we’re going to look at the second lever: Growth Potential. Once we have assurance that you’re maxing out the profit potential of your business, we want to help you grow the sh*t out of it.
We’re already a few weeks into 2019, but it’s not too late to lay the groundwork for success with your teams that will pay dividends throughout the year. Best-in-class companies start the year right by taking time to develop Aspirations, identify the Levers that support those aspirations and set a Positive, Energetic Tone to inspire employees. By embracing these small steps, you and your team will have a shared foundation for executing and adjusting throughout the year as unexpected highs and lows come your way.
It’s a new year, and time to make resolutions for changing your ways in 2019 to achieve both personal and professional goals. Whether you’re a CEO, a member of the C-suite, a mid-level manager, or an individual contributor, two simple New Year’s resolutions will make 2019 a business game changer.