What would life look like if I left the family business?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.     What would life look like if I left the family business? Although it is difficult to predict the consequences of leaving the family business, it can be liberating and can even [...]

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Should my spouse have a say in the family business?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.     Should my spouse have a say in the family business? Should my spouse who does not work in the family business have a say in compensation or other matters involving the [...]

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What Is Most Difficult about Letting Go?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.   What Is Most Difficult about Letting Go? Maybe it is my age, but I am starting to see that the senior generation gets a bad rap for shouldering the blame /responsibility for not [...]

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Should I stay in this family business or go?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.   Should I stay in this family business or go? I am a non-family member working in a family owned business where the family members are always fighting.  As a result of all [...]

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How can relationships improve?

  The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.     How can relationships improve? Cognitive Dissonance theory and improved communication I promised that I would explain how one could let go of their emotions as it relates to the past [...]

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Can the senior generation keep its authority and still allow succession to happen?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.   Can the senior generation keep its authority and still allow succession to happen? The answer is yes!  However, it does require that as the senior generation, you make a shift in how [...]

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What Does Responsible Capitalism Mean?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.   What Does Responsible Capitalism Mean? Capitalism has gotten a bad name.  The latest downturn with all its scandals; Madoff and his greed; Goldman Sachs  taking irresponsibly huge risks with other people’s money; [...]

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Do you know what is meant by unconscious?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.   Do you know what is meant by unconscious? The use of psychological theory when working with families I believe that advisors who work with family businesses assume that our areas of expertise [...]

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How can I live up to their expectations?

The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.     I work in a family business where I am expected to always make the right decisions.  How can I live up to their expectations? I deal with a lot of very [...]

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How Come Brothers Have Such a Difficult Time Working Together in the Business?

Thomas D. Davidow & Associates

 The FamilyBiz Q&A column provides answers to your family business-oriented questions from the subject matter experts at Thomas D. Davidow & Associates.     How Come Brothers Have Such a Difficult Time Working Together in the Business? The struggle between brothers is the theme of a number of Bible stories, including Cain and Abel as [...]

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