Tag Archives: telford

Are Your Children Ready for the Financial Truth?

Posted on May 24, 2012 by Danatelford

  If you are wealthy and have children, you probably worry that your money will negatively impact the development and motivation of your children. Put bluntly, you don’t want your kids to become lazy because they assume that your money … Continue reading →

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Don’t treat your in-laws like a mushroom

Posted on May 22, 2012 by Danatelford

At the end of a recent presentation, I entertained a number of questions from audience members. One executive raised his hand and asked me how the best family business leaders in the world handle their in laws. His question was … Continue reading →

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Contingency Planning

Posted on November 10, 2011 by Danatelford

Contingency planning is important, but difficult to get excited about. Consider the true story of a man (we’ll call him John) who built a healthcare business from nothing into a $300 million conglomeration of facilities and operations in 6 different … Continue reading →

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The Novocain of Diplomacy

Posted on November 7, 2011 by Danatelford

On a morning not long ago, while sitting in the dentist’s chair for my first (and please, please, please last) root canal, I was reminded of the importance of communication style. “Dr. Payne” (or as my kids call him, Dr. Thick … Continue reading →

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Behold the Tumbleweed and other thoughts on managing conflict

Posted on October 25, 2011 by Danatelford

My brother has a saying – “Behold the tumbleweed. He is only happy if he learns to love to tumble.” I like the saying because it puts a positive twist on the inevitably lonely, dusty, tumultuous, waterless existence of a … Continue reading →

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Goal #1 Don’t Get Killed

Posted on October 20, 2011 by Danatelford

Goal # 1 – Don’t Get Killed Goal # 2 – Protect My Stuff By Dana Telford Let’s imagine that you, the business owner, lived 1,000 years ago in feudal Europe. You were a Lord or Lady of noble birth … Continue reading →

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Is Your Family Business a Sphex Wasp?

Posted on October 18, 2011 by Danatelford

Don’t resist change like the female Sphex Wasp.   Her inability to adapt to out of the ordinary circumstances can be fatal to her children and her existence. The female Sphex Wasp paralyzes a cricket with one sting.  She then drags … Continue reading →

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