Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

The Continuing Success of Family Business Involves Creating Structure Within and Building Connections from the Youngest Generation with Charlie Rhomberg

The Continuing Success of Family Business Involves Creating Structure Within and Building Connections from the Youngest Generation with Charlie Rhombe…

FromSafe Space with Francesco Lombardo


The Continuing Success of Family Business Involves Creating Structure Within and Building Connections from the Youngest Generation with Charlie Rhombe…

FromSafe Space with Francesco Lombardo

ratings:
Length:
25 minutes
Released:
Oct 18, 2022
Format:
Podcast episode

Description

Join Francesco Lombardo for this week's Safe Space as he speaks with Charlie Rhomberg, 4th generation member of the Schmid family, Crescent Electric Supply Company. Founded in 1919, Crescent Electric Supply has grown significantly over the decades. The 3rd generation of owners realized there needed to be more structure in place for the future generations to keep the business going strong. Now with over 130 family members, how exactly was this accomplished? How is the family keeping the business of the business and the business of the family separate? Why is it just as important for the youngest generations to build connections in the family as it is for the senior generations? Charlie’s advice…for the Senior Generation, continue to work with future generations in developing a plan for what the retirement changeover will look like. NxtGen, learn as much as you can about family history and your roots to create a different kind of connection with the family.   If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights  Newsletter." (https://bit.ly/3JOd7Qq)
Released:
Oct 18, 2022
Format:
Podcast episode

Titles in the series (99)

Safe Space is the Premiere Podcast for NXTGEN Family Business Leaders. Your host Francesco Lombardo is a much-sought after international speaker and trusted advisor who has coached some of the world’s most successful and affluent families for over twenty years. Through his extensive work with  families, Lombardo has identified a universal connection between people’s relationship to money and the impact this has on their families, businesses and legacies. On this show he will dive in with some of the worlds most prestigious families to talk about that.