In 1787, a diverse group of visionaries gathered in Philadelphia. They weren't just writing rules for a new government; they were articulating a...
Beyond Bylaws: Crafting Your Family Enterprise’s Preamble to Last
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Mike Schmitt
Building a Network of Trusted Advisors
In the world of multi-generational family enterprises, success rarely stems from a single brilliant decision or a lone visionary at the helm. More...
“The $3.5 Trillion Time Bomb” What U.S. Family Businesses Must Learn from Australia’s Wake-Up Call
Australia - The Same Script, Different Stage The Australian findings mirror what we see every day in boardrooms and family dining rooms across...
Why Women Are Transforming Family Businesses – And What It Means for You
From the boardrooms of multibillion-dollar corporations to the heart of family enterprises, women are reshaping leadership, redefining legacy, and...
Financial Literacy: The Key to Empowering the Next Generation
As family enterprises prepare for the monumental transfer of wealth projected to exceed $83 trillion over the coming decades, one question looms...
Focusing on the Ultimate Goal: Legacy Beyond Wealth
For many families who have built successful enterprises, the primary focus is often on financial wealth—growing it, preserving it, and passing it on...
Recent Posts
Beyond Bylaws: Crafting Your Family Enterprise’s Preamble to Last
In 1787, a diverse group of visionaries gathered in Philadelphia. They weren't just writing rules for a new government; they were articulating a foundational philosophy, a shared vision for generations yet unborn. Their opening statement, the Preamble to the U.S....
The Valleys Event – Nurturing the Personal/Business Roles of NxtGens
NxtGen Nexus has always focused on the needs of the next generation of family business owners and inheritors of wealth. We created content, hosted online and in-person events, and partnered with family business centers to bring value to the community. It was...
Six Feet Under: The Family Business is Death
Seasons 2001 to 2005 Six Feet Under aired on HBO starting in 2001 and helped define its "golden age" of prestige television, which included The Sopranos, Game of Thrones, The Wire, and many more. The show won nine Emmy Awards, three Golden Globes, and a Peabody. The...
The Missing Piece in Generational Wealth Transfer: Psychology, Not Planning
When affluent families think about generational wealth transfer, the conversation typically revolves around legal structures, tax efficiency, trusts, family offices, and estate planning. These elements are undeniably important. Yet despite sophisticated planning and...
