Semi-retired entrepreneur, private investor, mentor and an advisor for business owners large and small. With his partners at Cerity Partners, he is also a wealth-strategy counsellor for individuals, tech entrepreneurs and business-owners.
A “Fireside Chat” with Pierre duPont
As a descendant of the founder of one of the Dow Jones original twelve and its longest-lived company, and as a part-owner of a large family-held retail chain, Pierre has experienced the opportunities and obstacles of family business ownership, both current and those that develop across generations. Join him as he leads a group discussion in which he will comment on the following three topics:
Considerations for if and how to pass the family business to the next generation
What you may want to do versus what you can do for your descendants
Family communications and governance: how you can help family harmony in the future
Family Owned Business Consultant at Blum & Savlov, LLP
Cracking the Family Business Code
At its best, a family business brings family closer together while creating economic opportunity for family and community. The dark side can be damaged family relationships, unmotivated and spoiled children and financial ruin. Understanding the common and intense dynamics of combining family and business is a key element to managing successfully across generations.
What your family business can learn from the rock band Metallica
This highly interactive and creative workshop features clips from the movie “Some Kind of Monster”, a documentary about the heavy-metal rock band Metallica. The band hired a consultant to work with them during a period of heavy conflict while trying to make an album.
It is chock full of great examples of the challenges business families face (or are blind to). The band itself, while not blood related, is essentially a family in many ways and overall the film gives great fodder for discussion about family business dynamics for families and the professionals advising them.