Family & Business

From transitiondynamicsinc.com: Curated family business and closely held enterprise related articles and blogs.

By Michael Hartley CFP®

Michael Hartley CFP®
Entrepreneurship
Want to Raise Successful Kids? Focus on Kindness Instead, Says Wharton Psychologist Adam Grant
Inc Magazine - Scott Mautz
The Wharton star and his co-author wife, Allison Sweet Grant, bring truth. There's no shortage of advice for raising successful children. But in trying to play the right role for our kids to help ensure
Nov 12, 2019
Michael Hartley CFP®
Science Says the Most Successful Kids Have Parents Who Do These 5 Things
Inc Magazine - Christina DesMarais
Your behavior as a parent has a lot to do with whether or not your kids turn out to be happy, healthy and successful. Your children are the people in this world who you most want to be happy, healthy successful.
Oct 26, 2019
Michael Hartley CFP®
Personal Finance
Allowance alone won't cut it. Teach your kids these four money lessons.
NBC News - By Stephanie Ruhle
Don't preach — teach these money lessons that will last a lifetime. This is BETTER Business, a new personal finance segment hosted by Stephanie Ruhle. Each week, Stephanie breaks down the financial headlines
Oct 25, 2019
Bonnie Hartley Ph.D.
One Family Built Forever 21, and Fueled Its Collapse
The New York Times - Sapna Maheshwari
When Forever 21 filed for bankruptcy last month, the fast fashion chain described its history in documents that read, at times, like a pitch for a memoir or a Netflix special. Photos of the company’s and
Oct 24, 2019
Michael Hartley CFP®
This Is the Best Advice to Give to Your Entrepreneurial Kid
Inc Magazine - Quora
You have an extraordinary amount of free time. What advice would you give a teenage entrepreneur? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others
Oct 18, 2019
Michael Hartley CFP®
Work-life Balance
This is how to make your kids amazing: 4 secrets from research
Ladders - Eric Barker
Every parent wants their kid to do well in school. And it’s simple to measure because GPAs and SATs have nice numbers that are easy to quantify and …
Oct 5, 2019
Michael Hartley CFP®
How to Find Work-Life Balance as a Parent and a Business Owner
Inc Magazine - Quora
Don't make family time negotiable. What are some tips for finding work/life balance as a parent and a business owner? originally appeared on Quora: the place to gain and share knowledge, empowering people
Sep 11, 2019
Michael Hartley CFP®
Employee Stock Purchase Plans: Why They're A Great Deal, Plus Key ESPP Features To Know
Forbes - Bruce Brumberg
When a company offers an employee stock purchase plan (ESPP), it allows employees to use after-tax payroll deductions to buy its stock. What makes this employee benefit appealing is that you can purchase
Sep 10, 2019
Michael Hartley CFP®
Kids
Stanford psychology expert: This is the No. 1 skill parents need to teach their kids—but most don't
CNBC - Nir Eyal, Contributor
As parents, we all want to raise kids who are smart and focused, especially in a world where digital distraction seems to be inescapable. (Even tech …
Sep 10, 2019
Michael Hartley CFP®
25 Key Lessons Learned From Merger And Acquisition Transactions
Forbes - Richard Harroch
By Richard D. Harroch, David A. Lipkin and Richard V. Smith Selling your company can be difficult and time-consuming. Mergers and acquisitions (“M&A”) require advance preparation, sophisticated advisors,
Sep 8, 2019
Bonnie Hartley Ph.D.
If You Think You're Too Small for Cybercrime Thieves, Think Again. Here Are 3 Things Freelancers Need to Do to Protect Their
Entrepreneur
Small and medium enterprises are the most vulnerable when it comes to cybercrime. According to this article, it is estimated that the cost of cybercrime per year would get to an average of $6 trillion
Sep 6, 2019
Michael Hartley CFP®
How to Write An Unforgettable Company Mission Statement
Entrepreneur - John Boitnott
It's your best and earliest shot at telling employees and the world what you're about. You’ve probably already gotten the message by now that your new company or startup needs a good mission statement.
Sep 5, 2019
Michael Hartley CFP®
A $15 Billion Oyster Sauce Family Plots to Survive 1,000 Years
Bloomberg - Blake Schmidt
Lee Kum Sheung invented oyster sauce by accident when he overcooked some bivalves 130 years ago, conjuring the sweet-and-salty condiment that would …
Dec 3, 2019
Michael Hartley CFP®
7 signs your kids are actually learning about money - Business Insider
Business Insider - Liz Knueven
While kids are hardly ever too young to start learning about money, there are some signs you'll see as they get older that they've been grasping the concepts you've been teaching. They might start bringing
Aug 25, 2019
Michael Hartley CFP®
When Soccer Is a Family Business
The New York Times - Jack Williams
The list in the files at the headquarters of England’s Football Association is peppered with surnames familiar to soccer fans: Rashford, Alexander-Arnold, Pulisic, Özil, Gundogan. But this is not a list
Aug 17, 2019
Michael Hartley CFP®
4 Key Steps to Taking Control of Your Business
Inc Magazine - Scott Elser
Here's what to do when you wake up one day and realize it's the business running you, rather than the other way around. If you're a dog lover like me, you know the drill. You take the dog for a walk, to
Aug 14, 2019
Michael Hartley CFP®
The 3 Things You Should Be Teaching Your Kids About Business
Inc Magazine - David Finkel
Forget the lemonade stand, teach your kids these 3 things to get ahead in life Fatherhood has been one of the greatest things I have ever done, hands down. Watching my three sons grow up and learn about
Aug 8, 2019
Michael Hartley CFP®
How to Set Your Salary as a Business Owner
Inc Magazine - Entrepreneurs' Organization
It's a delicate balance between paying yourself enough and preserving cash flow to grow your business. At the core of Entrepreneurs' Organization (EO)'s mission is an unrelenting commitment to helping
Aug 6, 2019
Michael Hartley CFP®
Business
When Should You Fire Your Child from the Family Business?
Harvard Business Review - Judy Lin Walsh and Ben Francois
For years Charles dreamed of working side by side with his son, James, in the family business, a thriving manufacturing company that his father had founded and he had grown. Since James joined the business
Jul 30, 2019
Michael Hartley CFP®
What Business Owners Still Need To Know About Succession Planning
Forbes - Louis Mosca
Over the years I’ve accumulated lots of experience helping owners plan their exit strategy or transition ownership to the next generation. I talked about the aspects of succession planning and the hard
Jul 25, 2019
Michael Hartley CFP®
How A Prenuptial Agreement Can Help Protect Your Business Interests
Forbes - Kelly Frawley and Emily Pollock
If you had asked your intended spouse for a prenuptial agreementa decade or so ago, you might have gotten a defiant scowl or the cold shoulder. But over the past several years, prenuptial agreements have
Jul 22, 2019
Michael Hartley CFP®
Business
When the Heir Apparent Is the Wrong Choice for CEO
Harvard Business Review - Elena Lytkina Botelho and Shoma Chatterjee Hayden
Large companies devote plenty of attention and resources to succession planning, yet a PwC study finds that $112 billion in shareholder value is lost annually because companies pick the wrong people to
Jul 15, 2019
Michael Hartley CFP®
6 Traits of Strong Family Businesses
Harvard Business Review - Claudio Fernández-Aráoz and Sonny Iqbal and Jörg Ritter and René Sadowski
Family businesses are the cornerstone of most national economies, according to a recent report by Credit Suisse Research. They can create jobs, spur innovation, and drive superior returns. However, as
Jun 18, 2019
Michael Hartley CFP®
What Boards Can Do to Prepare for Crises
Harvard Business Review - Eric J. McNulty and Leonard Marcus
Complex, fast-moving threats to organizations can happen at any time. Disruptions from severe weather events, to cyber-attacks, to active shooter incidents can strike from outside, and there is no shortage
Jun 20, 2019
Michael Hartley CFP®
Managing an Underperformer in a Family Business
Harvard Business Review - Liz Kislik
In family businesses, leaders sometimes make hiring and staffing decisions based on relationship and obligation as much as on competence and experience. After all, one purpose of these firms is to provide
Dec 18, 2019
Michael Hartley CFP®
A key money lesson Alex Rodriguez taught his kids has 'doubled their money, for sure'
CNBC - Kathleen Elkins
Former baseball star Alex Rodriguez had to learn how to manage a lot of money from a young age: He went straight from high school to the big leagues …
Jul 5, 2019
Michael Hartley CFP®
Kids
How to help your kids earn their inheritance, just like Gloria Vanderbilt did with Anderson Cooper
MarketWatch - By Jeanette Settembre
Work hard for your money, even if you can afford not to. That’s what wealth counselors tell parents about how to raise kids to appreciate what they …
Jul 3, 2019
Michael Hartley CFP®
Waverley general store EC Dallison Sons celebrates 100 years of family-run business
nzherald.co.nz
Jun 29, 2019
Michael Hartley CFP®
PSBJ Interview: Michael Osterfeld applies his skills as a roadie to running the family business
bizjournals.com - Marc Stiles
By Marc Stiles – Staff Writer, Puget Sound Business Journal Michael Osterfeld swept the Fremont Bridge as a 7-year-old boy in the 1970s. He went on to …
Jun 22, 2019