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Forces that Drive Family Business Success

Today, many people have family businesses. That’s great when all the members of the family work together and are focused on the same objectives. However, statistics say that not all family businesses can make it to their second and even third generation, but why? We decided to study this topic inside out. Having read this review, you’ll find out what particular aspects influence the development of the family business. What can unite families? What forces contribute to the development of family businesses? So, get comfortable and have a look.

Family Unity

Do you know what this term means? Unfortunately, not all families understand the meaning. It doesn’t matter from what country you or your wife are and how you got acquainted. Some couples meet each other at higher educational establishments whereas others use online dating services. All in all, it doesn’t matter.

Family unity is not about this. It is something bigger. Unified families work together; all the questions related to their business are of prime importance for them. They frequently organize family meetings and solve all the conflicts together. When each family member is interested in one and the same result, the success is guaranteed.

Children Learn Business Rules Since Childhood

All kids in this family know everything about this business. There’s a well-known saying which characterizes this situation best of all – they live in each other’s pockets. They see what their parents do every day. Parents frequently ask their kids to do this or that task. They know that it is necessary to invest in the next generation and they do this since childhood. However, successful families will never press their kids to come into their family business. Unfortunately, when children join their family business only because their parents force them to do this, in all probability, they will become poor successors. If the owner is interested in business development, the success is guaranteed. If no, nothing good will come out of it.

So, what should parents do to raise successful performing successors?

  • Parents should be passionate about what they do.
  • Show that this business is very important.
  • Show that it is necessary to be a responsive and reliable owner.
  • Raise them as leaders.

These parents will never yank their kids off the case.

Family Business is More Important Than Money

Keep in mind that successful families have a set of values to which they are committed, and these values are even more important than money. The main formula for success is to set the right goals. Everything should be planned. They know what particular goals they want to achieve, and they will go above and beyond to tackle those challenges. Furthermore, every family member works hard to turn all the ideas into reality.

Except for planning, it is also necessary to do something. Translating all these values into actions is their number one priority.

They Use New Innovative Tools to Run Their Businesses

Considering the number of all digital achievements today, it is a sin not to use them. Such tools as online advertising, e-commerce or social media are the best modern tools to promote your business. Unfortunately, previous generations couldn’t use them. The impact of modern technologies on business is great! Those family businesses for whom technology is a challenge aren’t successful. Therefore, if you see that parents can’t understand what technological achievements to implement, help them. The younger generation is usually more tech savvy.

One can run a successful family business only due to the powerful teamwork. Each family member goes under a full head of steam to achieve their goals. Simply put, the success of the family business depends on the desire of each family member to achieve common goals.

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Multistate Outbreak of Salmonella Infections Linked to Pet Turtles, 2017

turtles

August 30,2017

the staff of the Ridgewood blog

Ridgewood NJ, the CDC and multiple states are investigating a multistate outbreak of human Salmonella infections linked to contact with pet turtles.
Thirty-seven people infected with the outbreak strain of Salmonella Agbeni have been reported from 13 states.

Illnesses started on dates ranging from March 1, 2017 to August 3, 2017
Of 33 people with available information, 16 have been hospitalized. No deaths have been reported.
Twelve (32%) ill people are children 5 years of age or younger.

Epidemiologic and laboratory findings link the outbreak of human Salmonella Agbeni infections to contact with turtles or their environments, such as water from a turtle habitat.

In interviews, ill people answered questions about contact with animals during the week before becoming ill. Fifteen (45%) of the 33 people interviewed reported contact with turtles or their environments, such as water from a turtle habitat, before getting sick.
In interviews with 9 ill people about where their turtles came from, 6 reported buying a turtle from a flea market or street vendor, or receiving the turtle as a gift.
In 2015, state and local health officials collected samples from turtles at a street vendor. Whole genome sequencing(https://www.cdc.gov/pulsenet/pathogens/wgs.html) showed that the Salmonella Agbeni isolated from ill people in this outbreak is closely related genetically to the Salmonella Agbeni isolates from turtles. This close genetic relationship means that people in this outbreak are more likely to share a common source of infection.

Do not buy small turtles as pets or give them as gifts.

Since 1975, the FDA has banned selling and distributing turtles with shells less than 4 inches long as pets because they are often linked to Salmonella infections, especially in young children.

All turtles, regardless of size, can carry Salmonella bacteria even if they look healthy and clean. These outbreaks are a reminder to follow simple steps(https://www.cdc.gov/Features/salmonellafrogturtle/) to enjoy pet reptiles and keep your family healthy.
This outbreak is expected to continue since consumers might be unaware of the risk of Salmonella infection from small turtles. If properly cared for, turtles have a long life expectancy.

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Newark schools superintendent: Why charters succeed | Opinion

School Choice by ArtChick

Posted on April 2, 2017 at 9:15 AM

Y STAR-LEDGER GUEST COLUMNIST

By Chris Cerf

I serve as superintendent of the Newark Public Schools and previously served as the state commissioner of education. In both capacities, I have defined my goal in precisely the same way: to do everything possible to assure that every child, regardless of birth circumstances, has access to a free, high-quality public education that launches him or her into adulthood prepared for success.

The most striking aspect of Charles Wowkanech’s opinion article in The Star-Ledger (“Charter schools threaten diversity”) is that he is indifferent to this basic and, in my view, inarguable goal. Stuck in the same ideological quagmire that has consumed so many others, his view is that public charter schools are bad and traditional public schools are inherently good. In service of that argument, he then proceeds to misstate a rather remarkable array of objectively provable facts about public education in New Jersey.

http://www.nj.com/opinion/index.ssf/2017/04/newark_schools_superintendent_why_charters_succeed.html

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When it comes to my grandchildren, I don’t play. That’s why I’ll be in Trenton today

School Choice by ArtChick

file photo by ArtChick

Posted on February 27, 2017 at 7:11 AM

By Star-Ledger Guest Columnist

By Barbara Harris

I’m headed to Trenton this morning because I need legislators to know what my grandsons’ public charter school means to them.

I’m raising two African American boys in Newark and we all know in this country what can happen to African American men, especially if they drop out of school.

Uncommon Schools’ North Star Academy is providing my grandchildren with an education like nothing that I experienced for myself or for my own children.

When I hear my elected representatives speaking negatively about charter schools, I want to ask them if they have ever visited North Star Academy. If they did, they would quickly see how well it is serving my grandchildren and the other kids who attend.

There are too many lawmakers who have never stepped foot in North Star Academy, or a school like it. They have never come for morning circle. They have not met with our wonderful teachers. They have not seen how well our children are doing in class.

http://www.nj.com/opinion/index.ssf/2017/02/when_it_comes_to_my_grandchildren_i_dont_play_that.html#incart_river_home

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How to raise a kid who won’t quit

school kids

Persistence is a hot topic among education researchers these days and for good reason: It’s critical for success in school and beyond. Here are 8 tips for nurturing this quality in your child.

by: Hank Pellissier | January 25, 2017

Determined, diligent, tenacious, persistent — we use these adjectives to describe Olympians, spelling bee champions, entrepreneurs, and success stories of all kinds. Do they describe your child?

Angela Duckworth, a psychologist at the University of Pennsylvania, brought this stick-to-it quality to the attention of educators and the public with her 2013 book Grit: The Power of Passion and Perseverance. Gritty people, Duckworth’s research shows, finish what they start, overcome obstacles, and achieve their goals.

Researchers continue to examine how so-called “soft,” noncognitive skills like grit affect academic success as it becomes increasingly clear that these qualities are even more predictive of achievement than intelligence or talent. While there’s still much to learn about teaching kids to buckle down and work hard, research suggests there are lots of ways parents can support the development of this mindset. Here are eight ways to nurture grit in your child over time.

http://www.greatschools.org/gk/articles/how-to-raise-a-kid-who-wont-quit/?utm_source=newsletter&utm_medium=email&utm_content=topstory

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Hitting Glory – A Baseball Bat Adventure

Hitting Glory - A Baseball Bat Adventure

Hitting Glory – A Baseball Bat Adventure

by Robert J. Skead

Ridgewood NJ, The heartwarming story about Lou Gibson, an 11-year-old boy who finds an old, wooden baseball bat engraved with the initials LG on its handle in his school’s basement. When Lou recalls that the most famous graduate of his school, Public School #132 in New York City, was Yankee great Lou Gehrig, he immediately sets off on a mission to prove that the bat once belonged to “The Pride of the Yankees.” Lou’s search sends him on a journey of triumph, tragedy and discovery when he finds out that when he uses the bat he magically becomes an amazing hitter.

THE STORY OF THE 100 YEAR OLD BAT

In April 2000, I was fortunate enough to purchase a 100 year-old, wooden baseball bat at a bargain price. When the old Spalding® bat arrived, I immediately displayed it on the wall in our family room. I never imagined the bat would generate a story. Here’s what happened:

The bat’s unique, old-fashioned shape and brown patina mesmerized me. I noticed there were initials – RM – carved on the bottom of the bat. I wondered who RM was. How old was he when he received the bat? Did he hit any homeruns with it? What if RM became a major league player later in life and this was his bat when he was a kid?

That last question hit me like a line drive between the eyes. I imagined that the bat once belonged to Lou Gehrig when he was a kid. I then imagined what would happen if a child had the bat today and started using it in his games. Could the bat have special powers in the hands of an imaginative child?

The result of all this imagining is HITTING GLORY – A BASEBALL BAT ADVENTURE

http://www.robertskead.com/hittingglory.php

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How To Avoid Becoming A Financial Burden On Your Kids

seniors

December 11,2016
the staff of the Ridgewood blog

Ridgewood NJ, Americans are living longer than ever, which means retirement could last 20 to 30 years for some people – maybe even longer.

That’s great for those who remain in reasonably good health and retire with plenty of financial stability.

But lengthy life spans also increase the odds that many seniors will deplete their savings, face debilitating health problems and need to turn to their children for financial help or caregiving.

That’s a far cry from the kind of retirement they dreamt of over the years.

“I’ve done focus groups where one of the chief concerns that comes up is people don’t want to become a burden on their kids,” says Jeannette Bajalia, a retirement-income planner, president of Woman’s Worth® (www.womans-worth.com) and author of Retirement Done Right and Wi$e Up Women.

It’s really too late to do much, though, when you’re 80 and your life starts unraveling. That’s why it’s important to plan ahead to get your finances and health in the best shape possible, she says. Among some of the points worth thinking about:

• Unanticipated health care costs. It’s estimated that the average married couple will need to pay up to $250,000 in out-of-pocket expenses for healthcare during their retirement, beyond what Medicare and most Medicare Supplements will pay. “We’re beginning to see a lot of cost shifting out of both Medicare programs and private health plans, which means more out-of-pocket healthcare costs,” Bajalia says. “It’s entirely possible that the savings you thought would allow you to travel or to at least pay all the bills could be gobbled up by medical expenses. As you plan for retirement, you should make it a priority to discuss this concern with your adviser so the two of you can look at what options you might have to try to keep that from happening.”
• Long-term care planning. When it comes to aging, consider the possibility you might have to receive home healthcare or live in a nursing home or an assisted-living facility. The costs of such care can be daunting. For example, studies have shown that home healthcare can cost $50,000 or more per year, and nursing home care can run as high as 90,000 per year. “You don’t want your kids to have to pay for that,” Bajalia says. There are ways to prepare, such as buying a long-term care insurance policy or checking with a financial professional to help you develop a strategy for protecting your assets from nursing-home claims, she says.
• Self-care. Not every financial professional may do this, but Bajalia says she believes it’s important to integrate health education and a lot of self-care into a retirement plan. Spending money on preventive health routines to take care of yourself now can help you avoid significant health problems that lead to even costlier expenses later on, she says.  Research is now telling us that longevity is over 70 percent lifestyle.

“I know it’s important to older people that they be able to remain independent as long as possible and not have to turn to their children to help,” Bajalia says. “They just need to remember that careful planning is the route to accomplishing that.”

And one of the planning tools would be to help fund long term care insurance for your aging parents to keep assets in their estates, she says, so long term care is not simply for yourself but for your aging parents.

About Jeannette Bajalia

Jeannette Bajalia, author of Retirement Done Right and Wi$e Up Women, is president and principal advisor of Petros Estate & Retirement Planning, where she has designed and implemented innovate estate-planning solutions for clients and their families. She also is founder and president of Woman’s Worth® (www.womans-worth.com), which specializes in the unique needs facing women as they plan for their retirement.

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Falling Tree Puts Spot Light on Ridgewood School Safety

first_tree_Fell_theridgewoodblog
file photo by Boyd Loving

Travell safety

Hello to all,

I am writing this tonight because the gravity of what happened today seems to have been lost in the shuffle of the weekend l, and impending Halloween festivities.

A massive, tree-sized, tree branch fell across part of the playing field, the entire sidewalk and half of Bogert Ave at about 11:35 or so this morning. The entire 3rd grade was playing outside- 2 of whom are my children.
I am the Travell safety chair, and while this may seem frivolous, or decorative, it is in fact, a role I take VERY seriously. Twice in the last month, thanks to my persistent pressing of the safety issues brought to me by my fellow Travell parents, Travell safety has been on the agenda for the village council. I’ve attended the Citizen Safety Advisory Committee meetings to address them.  I am the only parent in attendance to address the issues. I am the only person at all to represent our school and it’s safety issues.

I take this role very seriously, evidenced by the fact that in my own free time I have walked the streets surrounding the school, and I look for safety issues within the neighborhoods. Broken sidewalks, overgrown shrubs, parking issues, speeding concerns, sight triangles issues, property maintenance issues. These are just some of the issues I have seen. I bring them some times repeatedly- to the attention of the code enforcement officer. Sometimes she sends them on to a more appropriate party.  Many, many violations have been addressed in the last few weeks thanks to our combined efforts.

I have mentioned several concerning trees to her. Many that are dead and overhang designated safe walking routes, or heavily traveled walking routes to Travell.

I walked all of the streets surrounding Travell with the assistant village engineer last spring. I mentioned several of the trees including the one which fell today. I was told trees really aren’t their department.  A huge part of this tree fell in the early fall across the exact same area!!  A Travell parent roped off the area until it could be addressed. This was on the walk to the school in the morning. Prime drop off time for hundreds of students. Another near miss. What else is it going to take?

Do we need a child to actually be struck and hurt- or worse, by a dead tree limb ON actual school grounds in order to take a very serious look at where there needs to be some work done?
We can have forum after forum about full day kindergarten. Spending God only knows how much money, just to spend more money, and then say we don’t have any money??
We can send newsletters and we can print signs and yet we can’t find it in the budget to hire a tree expert, an actual arborist, for the day, to ensure that the school grounds and the sidewalks surrounding them are safe? Or hire a safety expert to do a study of the area and see where we need some change? Often it’s small changes, signage or enforcement, that make ALL the difference. It doesn’t always have to be large ticket answers. It just requires some attention and concern.

I’m actually incensed at how close MY daughter was to this tree falling today.
Feet. She was feet from this. I happen to pass down this street EVERY day between 11:35- 11:45 on the way home from another school pick up. Many many days my daughter and her best friend see me and come run to the fence to yell hello to me as I pass.  Today, I was running a touch late. I very literally went to turn left down Bogert and instead went the other way. It is absolutely chilling to know, unequivocally, that they would have been standing IN this exact spot saying hello to me had I made a left turn and not a right.

We need to stop addressing every other issue as if it is life and death and pay closer attention to the ones that actually are.

I heard from parents over the last weeks, as we begged parents to walk their children to school for walk to school month, a myriad of safety complaints. Several times I was informed that they no longer have crossing guards to cross their elementary school children (ages 5-11 as a reference) at Van Dien and Glen because the BF one now leaves too early due to new changes with the outsourcing.

I am on record for EIGHT years at CSAC meetings requesting advice and help about the repeated parking on the Bogert/Cambridge ave curves which force dozens of students to walk in to the center of the street on a blind curve to walk to their school. Eight years and I’ve been brushed off and given every answer or response you can possibly imagine. Not one has made the situation safer. Not one suggestion stopped my daughter from being thrown from her stroller in an attempt to get out of the way of a speeding, texting driver last year with no where to go due to cars parked in the long documented, dangerous spots along the curve.
We are year after year refused even the conversation of a crossing guard at Bogert and Glen where no less than 65 school children LIVE, and dozens more use as a pass through-it’s too expensive! It’s $8k! We can’t even get simple pedestrian crossing signs at that crossing or another along Glen (Northern Parkway) because the town refuses to pay for them (they’re about $400 each!!!imagine!) so the Generous Travell HSA, at my request, will pay for them. So to actually break that down, these parents will pay some of the highest taxes in NJ, we have one of the highest per student spending budgets in NJ, and then we are going to pay EXTRA, out of pocket, for the signage that allows for our kids to have a way to cross the street safely to access their school.
What is next? What will it take before all of YOU put the safety of these students ahead of an agenda, or just the belief that “it’s not really our department”??
Today, any number of children were FEET from this massive tree branch falling, and a complete tragedy. What will you do to ensure that this doesn’t happen again? What will you do now that a documented issue has now presented itself so many times? I guess we could give them hard hats, or we could solve the actual problem.

I know we can’t solve every safety problem at every school without which a miracle occurs, but we have repeated, documented safety issues that are being ignored or shuffled off to someone else to deal with. There are hundreds of children in YOUR care and we expect that that is something you take seriously enough to ensure their safety.

I am sure you’re all familiar with the areas in question, but I implore you to come and walk these streets with me, and any other interested parent.

In fact, at this point, I can’t see why you wouldn’t.
Thank you for your sincere attention to this matter.

Melanie McWilliams

 

 
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Helping Your Sons And Daughters Prepare For The Business World

unemployment-line

October 27,2016

the staff of the Ridgewood blog

Ridgewood NJ, Each year, parents send their sons and daughters off to college with high hopes that in four years – give or take – they will earn a degree and embark on successful careers.

But while moms and dads may fret most about grades and study habits, they can give their offspring a real boost if they also insist the students carry some of the financial burden for college, says Matt Stewart, an entrepreneur and co-founder of College Works Painting (www.collegeworks.com/about), an internship program that provides practical business experience for college students.

That means getting a job – either during the school year or over the summer break, or both.

“College students are much more invested in the experience if they have to help pay for college, rather than have mom and dad take care of everything for them,” Stewart says. “There’s a natural tendency to work a little harder on classwork when at least a part of the tuition or dorm room costs come out of your own pocket.”

But beyond that personal-responsibility aspect, it’s worth noting that businesses are seeking job candidates with real-world work experience.

“Those on-the-job lessons are invaluable,” Stewart says.

For example, interns with College Works Painting operate their own house-painting business with hands-on guidance from mentors.

The benefits for students of working their way through college include:

• A regular paycheck. The rising cost of higher education has put paying the full price of college out of reach for many parents, and scholarships and grants often provide only a small percentage of the costs. The more students can pay themselves, the lower their student-loan debt will be when they enter the workforce.
• Practical experience. Nothing prepares you for work like work, Stewart says. A classroom can train students on certain skills necessary for their career choice, but on-the-job experience is just as valuable. Even if a part-time job is unrelated to career aspirations, a student might learn such skills as collaboration, time management and customer relations.
• Resume enhancement. One of the weaknesses recent college graduates sometimes have is their resumes can be skimpy. A few summer jobs can help tremendously, Stewart says, giving managers who might consider hiring you more confidence that you have experience beyond listening to professorial lectures and cramming for final exams.
• Additional references. Hiring managers want to talk with people who know your work habits, and while it’s nice that a favorite professor or a high school football coach is willing to say good things, it’s even better to have references who can discuss relevant job skills.

“Having any job can be beneficial, but if you can you should try to land an especially challenging job or internship,” Stewart says. “When you graduate, you’re going to face stiff competition in the job market. The more you’ve been able to stretch yourself past your comfort zone and develop new skills, the greater the odds are that you’ll be the one picked out of all the applications that come pouring in.”

About Matt Stewart

Matt Stewart is co-founder of College Works Painting (www.collegeworks.com/about), which provides business experience for thousands of college students each year. The award-winning program also offers high-quality house-painting services for homeowners.

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Ridgewood Police Introduce, “”ZERO TOLERANCE POLICY for Mischief Night and Halloween

justice

“ZERO TOLERANCE POLICY – MISCHIEF NIGHT AND HALLOWEEN – PARENT ADVISORY”

October 27,2016
the staff of the Ridgewood blog

Ridgewood NJ, The Ridgewood Police Department will be continuing our Zero Tolerance Policy this year during “Mischief Night” and Halloween (October 30th and 31st respectively). This policy is vital for the safety of our children and the protection of property. We are urging parents to take an active role in order for assist us in this endeavor.

Historically, our community had experienced significant property damage as well as mischievous and criminal behavior by unsupervised juveniles and young adults on these nights. We have also had problems with juveniles congregating in large groups in various areas of the Village. Parents and guardians should be aware of the activity that occurs when their children are unsupervised. Most property damage and criminal activity occurs when seemingly harmless behavior and pranks escalate out of control. Parents are asked to establish dialogue with their children about unacceptable behavior or, more importantly, not allow their children out without adult supervision. Parents must be cognizant of their children’s actions and behavior. Children leaving the home dressed in dark clothing and/or in possession of items such as eggs, shaving cream and other malicious items are traditionally a formula for trouble.

This year, we are recommending that all parents limit their children’s “mischief” to their own property. In the past, homes and moving vehicles have been the target of eggs, rocks and, in some instances, paintball guns. Toilet paper strewn across utility lines has created visibility hazards, which can easily lead to serious danger for the motoring public and our children.

The standards that we will be enforcing this year include:

A Zero Tolerance policy towards acts of Criminal Mischief, Trespassing and aggressive behavior. Anyone found defacing or damaging property will be transported to police headquarters and will face criminal charges.

Any children found with items that we believe pose a significant threat to persons or property will be transported to police headquarters and may face criminal charges. These items include eggs, spray paint, paintball guns, etc.

Anyone who operates a motor vehicle in violation of the law will be issued the appropriate motor vehicle summonses.

We will be confiscating all potentially destructive items, including toilet paper and shaving cream, from children who are wandering unsupervised on our streets. Names of all unsupervised juveniles will be recorded.

We will be supplementing the normal patrol force throughout both Mischief Night and Halloween with additional officers to prevent criminal mischief, criminal activity, and aggressive driving and to ensure the safety of our children. It is important for parents and the community to work in cooperation with the Ridgewood Police Department to deter criminal activity and make both Mischief Night and Halloween safe and enjoyable for all.