Years ago I read the following in an article on succession planning in a magazine called Financial Planning: “Sitting on charitable boards is activity, but it is not necessarily work. Not all post-succession activities need to be aimed at generating a concrete result. But for many business-leading clients, results are all that matter. Having [...]
How do we vaccinate for fear, anxiety, and stress? Pray and go! Pray – PSALMS 16 “Keep me safe O God.” By doing so you are acknowledging the truth in this statement, “I don’t know what the future holds but I know the one who holds the future.” Then go! Focus on caring for [...]
With the lifetime exemption per person currently in 2020 at $11.8M, a married couple can pass a $23.6M estate tax-free to their heirs. For most Americans, estate taxes are therefore no longer a problem, but that is not true of car dealers, with the value of dealerships having escalated considerably. Unless you have a [...]
100 mph fastballs are coming at us every day. How are you going to respond? Will you let your fears overwhelm you or will you do the things necessary to help you get back up so you can lift up those around you? Hugh Robert's shares strategies to overcome feeling like you have been [...]
Family and business are challenging and can be frustrating when things are going well and “normal,” but when a crisis hits…pressure builds, and emotions can blow sky high. On the daily, it takes work from all parties involved to manage emotions. With the current pandemic we have greater uncertainty and anxiety about our physical [...]
With all the challenges associated with operating a dealership today, surviving and thriving into the future has never been more complicated. Simply, where and how does the dealership of yesterday move to what it can and needs to become to succeed tomorrow? To answer this, you first must look at your foundation: “Who are you?” [...]
Since I have retired and cut back to full time I realize I have less time for management and therefore I am thinking more about leadership. Allow me to remind you leaders that this CV-19 crisis is nothing new; you’ve been here before. The continuity of your success through the Gulf War, the Dot-Com [...]
The measures to stop the spread of COVID-19 have created swift change to our business environment. Some business' have had to close while some are scrambling to implement new strategies to deliver products/services to generate revenue. It may feel like you have been dealt a pile of lemons, however; their are ways to make [...]
Family business is the bedrock of the American economy employing the largest percentage of employees. Why do so many people want to work in your business and other family businesses? Because they want to be a part of a Family. What is family? That group of people where you feel accepted, cared for, safe, [...]
Our world is in a transition. And we have a choice - thrive or survive. COVID-19 felt like it happened overnight, without any warning, leaving many leaders scrambling to keep their teams engaged and productive. The COVID-19 pandemic represents one of many business transitions you will face as a leader. As you listen in, [...]
