Stackwell ’s Post

I sat down with John Kamprath, CFP®, CEPA; President and CEO of Generational Legacies Wealth Management in Coeur d'Alene, Idaho. John helps families achieve clarity, fidelity, and order by facilitating the design of a Family Master Plan. ------------------------------------------- We discussed: ✅ How to bring spouses together to grow the business in a way that serves the family ✅ The difference between selling your business to your children and gifting it to them ✅ Why personal planning is the cornerstone of a successful exit ------------------------------------------- #businessacquisition #exitplanning #leadership #financialplanning

Unification is the key to succeeding today & erasing the blurred lines of how some operations used to be, learning to pivot, be creative & work as a collective to push forward on all fronts while recognizing what’s been accomplished in the past. It’s great to hear the leadership at the top understands beneficial collaborations are part of the conversation. Focused Forward!

Want to create a lasting impact? Learn how to pass on values and financial success to future generations with our free guide. 🌱https://wlth.co/3XlieAf #FamilyLegacy #WealthEducation #Leadership #GenerationalWealth

Surfing the Change Dynamics in a Family Business--The Role of Each Generation? Family Businesses are unique entities in that their stories (narratives) are challenged to maintain consistency ALONG with the cutting edge requirements for change to ensure sustainability! Not an easy challenge....especially as the consistency/change TENSION is usually between Generations as they help each other grow into the roles and evolve gently out of the roles they have played to serve their family business! The Article below is one family story on some of these dynamics! In our work with Family Businesses we design Customized Leadership Learning Journeys where the multiple Generations are engaged in Co-Creating their Now/Next moves as they navigate the lifecycle dynamics of the marketplace, the organization and their Talent Bench. Curious to learn more? Reach out to us:) #ericapeitler.com #LeadershipRigor #familybusiness

Transforming Communities and Building Wealth: Insights from Financial Leaders Simon Mekika and Jay Morla. Join us as we dive into a captivating discussion with Simon Mekika from Dallas and Jay Morla from New Jersey, both renowned financial professionals and community leaders. Discover their inspiring journey as successful immigrants, dedicated family men, and educators in this thought-provoking episode. #BuildingWealth #FinancialLeadership #CommunityEmpowerment #ImmigrantSuccess #FamilyValues #EducationMatters #FinancialPlanning #EmpoweringCommunities #FinancialSuccess #ProfessionalInsights

An insightful discussion about succession highlighting the different approaches and considerations family businesses can take when passing on leadership and ownership. As explained here, it’s important that successor feel as sense of justice in how the business is divided, how everyone is compensated, and how senior leadership came to their decisions. Data plays a key role in showing successors how they add value to the business, helping them understand expectations while ensuring their positions in the company are earned. Also, family businesses can also consider ‘leadership teams’ that help create unity and agreement across siblings, so long as they work well together rather than in competition with one another. #familybusiness #successionplanning #inheritance

Presidents Day is about honoring our founding fathers. But it's also a chance to recognize great leadership. Here are three lessons in leadership from OG influencers who rocked the powdered wigs and guarded the Constitution: 𝟭. 𝗕𝗲 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝘁 & 𝗖𝗼𝘂𝗿𝗮𝗴𝗲𝗼𝘂𝘀 The founding fathers embodied unwavering belief in their vision and demonstrated bravery against formidable odds. Lesson: Be bold and take risks. 𝟮. 𝗕𝗲 𝗢𝗽𝗲𝗻 & 𝗪𝗶𝗹𝗹𝗶𝗻𝗴 𝘁𝗼 𝗖𝗼𝗺𝗽𝗿𝗼𝗺𝗶𝘀𝗲 Leadership involves listening to different perspectives. The Founding Fathers understood the importance of: -debate -discussion -compromise All key to drafting the Constitution and establishing a new government. Lesson: Be open to different viewpoints. 𝟯. 𝗛𝗮𝘃𝗲 𝗮𝗻 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗩𝗶𝘀𝗶𝗼𝗻 The vision of the Founding Fathers were not limited to their personal interests. They fought for the rights and freedoms of all citizens. They thought beyond themselves. They shaped a greater good. Lesson: Create a vision people can get behind Just as our founding fathers shaped the nation. As business owners and leaders we need to embody their values of leadership. These principles are the backbone of building trust in the digital age. -- Today, our office is closed. We are taking the day to honor our founding fathers. But we'll be back at it again tomorrow. 🗽📜

Two years ago, we asked Chicago business leaders to publicly commit to advance racial equity by re-thinking business policies and practices one year after George Floyd’s murder. Twenty-five companies responded and 5/25 Move to Action was born.   Firms such as Bank of America and others have taken meaningful action to change business practices in a way that will create a more equitable region. Chicago has a history of civic leadership and engagement that is the envy of most other cities. Working individually and together, Chicago’s businesses have the potential to create a more dynamic, prosperous region, where the economy is growing, opportunity is increasing and equitably shared, and personal and public safety are the norm.   While this represents an inspiring start, we need to think bigger about the role of the business community in creating the region to which we all aspire. We invite all business leaders in our region to join in this important work.   Read the linked report to see what we've learned along the way from the 25 pioneering companies that made commitments in support of 5/25 Move to Action.   The Chicago Community Trust #business #leadership #innovation #stakeholdercapitalism #Chicago #movetheneedle

“Most businesses don’t fail because they can’t solve the business problems. They usually fail because of a lack of alignment on the family side of things,” said Andrew Keyt, founder and CEO of Generation6 | Family Enterprise Advisors, a firm that helps address family enterprise challenges. In a recent article, we dive into the critical role that three specific elements play in successful family business transitions, featuring insights from Andrew Keyt, founder and CEO of Generation6, and Stephanie Larscheid, Executive Director of the Prairie Family Business Association. Explore three elements, accompanied by real-life examples, and learn how Prairie Family Business Association can support your family business with each one at bit.ly/4aQCCwy. And don't forget to register for our next Board Bootcamp taking place next week on April 16th in Sioux Falls! Launch or improve your family business board at this transformative event for business owners, next-generation leaders, and board members. Learn more and register at https://lnkd.in/ekkgH4WF. Thrive for Generations. fambus.org #PFBA #familybusiness #familyowned #familyenterprise #familybusinessgrowth #governance #boardofdirectors #successionplanning #familylegacy

Embrace the lessons of your past, for they enrich the path to your future. Harness the wisdom gained and apply it purposefully as you navigate the journey ahead. Your history holds the key to unlocking greater potential; wield it wisely to shape a brighter tomorrow. #BostonCEOs #CEOGrowth #CapistranLeadership #ExpandingHumanExcellence #BostonVistage #BostonPeerGroups #BostonBusinessOwners #BostonLeadership #BostonExecutiveCoach #BostonCoaching #BostonTrustedAdvisors capistranleadership.com