Got Family Quick Bits: Nepotism

This is Got Family and I am Carey Berger. You know, George Carlin so many years ago talked about the 7 dirty words. For some folks there’s another one, there is an eighth and it is called nepotism. Isn’t nepotism a dirty word? And it kind of is in one setting to the extent that … Continue reading “Got Family Quick Bits: Nepotism”

Got Family Quick Bits: Why Partnerships Fail, Part 1

Hello, this is Got Family and I am Carey Berger and today we’re going to talk about one of the reasons why partnerships fail, what is missing in the business plan. You know the business plan actually has three primary parts and most people only think of two. The first one is the dream, the … Continue reading “Got Family Quick Bits: Why Partnerships Fail, Part 1”

Got Family Quick Bits: Sharing

Welcome to Got Family. I am Carey Berger and today we’re going to talk about sharing. Yes, that’s right. You learned it when you were three and you didn’t like it then and whether or not you like it now is a whole other discussion, depending upon the circumstance I’m sure. But nonetheless, let’s talk … Continue reading “Got Family Quick Bits: Sharing”

Got Family Quick Bits: How To Pay Your Board

Hello, this is Got Family and I am Carey Berger, and we are telling stories from the crossroads of business and family. As you probably know, we’ve talked in the past about boards. You’ve heard about a Board of Directors, or Board of advisors, and we’ve talked about a family board. What is a board, … Continue reading “Got Family Quick Bits: How To Pay Your Board”

Got Family Quick Bits: Alternatives to Ownership

Hello this is Got Family and I am Carey Berger and today we’re going to talk about alternatives to ownership when somebody wants to be your partner. What happens here is somebody comes in and they say, “I’ll loan you money and you make me a partner.” Okay, great. What does that mean? Well, sometimes … Continue reading “Got Family Quick Bits: Alternatives to Ownership”