NGN-LA -- DOES THIS FEEL LIKE HOME?
Every NxtGen makes a decision about entering the Family Business. How did your journey begin?
Forget fingers and toes. Forget whether you look like Aunt Edna. The only question anybody cares about going into the Family Business.
How old were you? Did you get paid? Ha ha. Did you get lunch out of it?
Nxt Door Neighbors
Living next door to cousins was great, especially if your Aunt‘s cooler than your Mom. But does Mom really like spending 24/7 with Dad’s family?
Family Business Rituals
Was it potluck dinner on inventory day? How come my family had to take inventory, but my cousins didn’t? In “Bloodline,” they had the Family Table.
Rejecting It All
Could you imagine living the rest of your life without being “the kid”?
Sure they’re crazy, but they’re your crazy. Whether you join the business or not, you’ll always have a home.
Javaid Ansari - G2
Executive Vice President
Compak Asset Management
LA FAMILY BUSINESS UPDATE
LA Family Business
NGN Family Business Listings
Century-old Broguiere’s Dairy is Hopeful Business Won’t Dry Out
When Gelson’s market posted on social media in late May that the over-century-old Broguiere’s Farm Fresh Dairy processing plant and market in Montebello would soon be shutting down, owner Ray Broguiere Jr. hadn’t anticipated the mountain of support to keep it open.
LA Family News
NGN-LA EVENT CALENDAR
NxtGen Nexus Family Business Learning Modules
Small Group Family Business Learning Modules create conversations to address issues with Family Businesses and Family Offices.
NxtGen Nexus Family Business Webinar Series
The Family Business Webinar Series highlights some of the biggest challenges facing all family businesses and family offices.
NxtGen Nexus Community Events
NxtGen Nexus Community Events brings LA's NxtGen Community together to celebrate extraordinary experience of being part of a family business.
There are a lot of events dedicated to Family Businesses and Family Offices. Here they are.
Upcoming NGN-LA Events
NGN-LA FAMILY EDUCATION PARTNERS
Dr. Keri Ohlrich
Family Business HR 101
Dr. Keri Ohlrich has led an extensive career as an outcome focused business executive in her 20+ years working in the HR field. She is the CEO and co-founder of Abbracci Group, the co-author of the book, The Way of the HR Warrior, and the co-host of the podcast reCHARGE® Your Life.
At the heart of Dr. Ohlrich’s work is to improve the environment of organizations which in turn improves the lives of employees. Whether it is coaching and training leaders, performing cultural assessments or helping develop HR professionals into HR Warriors, she wants all to reach their potential. Dr. Ohlrich has been featured in HR and business industry articles, interviewed on multiple podcasts and spoken at numerous events in the United States and internationally.
Branding Next Generation Family Businesses
Sasha Strauss teaches from 25 years in brand strategy, having defined brands for leading corporations, philanthropies, faiths, and academic institutions worldwide.
Sasha's distinct and direct approach to how brands must be constructed and communicated is the foundation for his brand strategy firm, Innovation Protocol (IP). Innovator brands like Nestlé, PayPal, LEGO, Google, Disney, and Korn Ferry have called on their consulting and thought leadership for 14 years.
While running IP as Managing Director, Sasha concurrently teaches brand strategy at UCLA, USC, and UCI graduate business schools.
Dr. Meshie-Mai Ronit Lami
The Other Side of Wealth
Dr. Meshie-Mai Ronit Lami is unique within the wealth management industry. Being a Coach and Wealth Psychologist, she assists global HNW families to manage the non-fiscal aspects of their wealth across the generations, she focuses entirely on people and the quality of their relationships rather than on the day-to-day decisions of wealth management or legacy and estate planning.
Dr. Lami comes from a family business background, giving her both a personal and professional understanding of the challenges faced by her clients.
Real Estate Entrepreneurialism
Since 1995, Eric has been a faculty member in accounting and real estate at the UCLA Anderson School of Management, where he has been voted Teacher of the Year fifteen times by Anderson's MBA students, has been awarded the Citibank Teaching Award (1998) and the Neidorf Decade Teaching Award (2008), both voted upon by a committee of faculty members, and received the University-wide Distinguished Teaching Award in 2015.
He has also received recognition by Bloomberg-Business Week as one of the Top Ten Most Popular Business School Professors in the country, and recognition as one of the most influential business school faculty alive today. He has taught courses at UC Berkeley, George Washington University, and the Helsinki School of Economics, and created a series of 12 lectures on accounting and finance for the Great Courses (the Teaching Company).
NGN-LA Market Leadership
Allen Esrock is the founder of NxtGen Nexus. Allen started working for Big Men’s Shop, his family business, when he was five-years old. His first job was guarding the front door during holiday shopping season.
Allen went through the age-old debate of going into the family business. After joining a buyer's training program at Macy's, he moved to Los Angeles and pursued his dream of being a television comedy. After tasting success, he realized that he hated being a television writer and became an executive recruiter and digital media entrepreneur. He was the Founder of Jitter Fingers, a safe social networking platform for tween girls and their bffs, with on-line clubs in 200+ cities in the US and ten countries. After speaking at a Family Business Event, Allen saw the needs to engage Family Business NxtGens, he developed NxtGen Nexus.
ICON Wealth & Legacy Partners
Rainmaking for Lawyers
Gideon Grunfeld was a large law firm litigator for almost ten years. After clerking for a Federal District Court judge in the Central District of California, he worked for the Los Angeles office of Skadden, Arps, Slate, Meagher & Flom, and then at the Washington D.C. office of Covington & Burling. At Skadden, Gideon focused on management-side employment law and a variety of business litigation on behalf of clients such as Pepsi, Sunbeam, & Ralph Lauren. At Covington, Gideon’s practice largely consisted of business litigation, and antitrust regulatory work on behalf of clients such as Exxon, John Deere, and Union Pacific. He also developed a pro bono practice representing charter schools. Gideon is an honors graduate of University of California, Hastings College of the Law, as well as the University of Pennsylvania, where he majored in Economics.
Los Angeles Consulting Group
Kathleen Tepley is the Founder of Los Angeles Consulting Group (LACG), a company known for its business development support services and business growth events, including co-managing the Lido Family Office Investment Symposium, since 2010. Kathleen has a demonstrated history of working in the management consulting industry- providing business development consulting, support, and outsourced services to established Professional Service Firms, Family Offices & Private and Family Foundations. Kathleen’s strength is in connecting people and nurturing relationships. She has the ability to convert genuine, empathic connection with other human beings into sustainable, mutually beneficial personal and professional success stories. Kathleen has over two decades of expertise in business development.
Grandscape Investment Solutions
Brian started his real estate legacy on the ground floor, working on-site in property management, learning the ins and outs of how to effectively manage income-producing commercial multifamily properties. After 6 years, he took his experience to the bank. Literally. Transitioning his management skills and training to the financial services sector, running business operations support for his team at one of the big 4 banks in the country. Brian realized passive income is king, returning to his real estate roots and founding his real estate investment firm in 2017.