Family ownership doesnβt guarantee the future you want.
I talk buyer assumptions with Richard Boyce, a family enterprise specialist from a fifth-generation business family.
https://t.co/rj1ldoFM0w
#ThrowbackThursday to Tuesday π§
What if the next leap in computing is living neurons on a chip?
We speak with Dr Justin Bourke about biological computing, robotics, energy efficiency and Australian R&D becoming commercial technology.
π§Check my bio
#BiologicalComputing
What if the next leap in computing isnβt just better silicon, but living neurons on a chip? π§
We speak with Dr Justin Bourke about biological computing, robotics, adaptability and the future of Australian advanced manufacturing.
Listen here π
https://t.co/MApnzcUwwC
Would a family office buy your business?
I put the ownerβs question to Richard Boyce, a family enterprise specialist from a fifth-generation business family.
https://t.co/rj1ldoFeaY
Work alongside a parent, sibling or cousin? Family business psychotherapist Tom Skotidas on the patterns families bring into the business.
https://t.co/RyjDUc1qgV
These companies aren't built for growth. They're built to stay, built to last, but not built to grow."
Will Strange on what he found on the fabrication floor of the businesses he bought. https://t.co/mDoH4PstaA
@MSVWine in the Barossa was founded in 2001 by an American banker and a Barossa winemaker. Janai Brengman joined her father as co-owner in 2014. In October 2026 it passed to Sandy and Nicky Oatley. Congratulations to both families.
https://t.co/gzs6vFm4JI
#FamilyBusiness
"These companies aren't built for growth. They're built to stay, built to last, but not built to grow."
Will Strange on what he found on the fabrication floor of the businesses he bought. https://t.co/mDoH4PstaA
You've told them a dozen times and they keep doing it. Family business psychotherapist Tom Skotidas on why old patterns stick, and what shifts them.
https://t.co/RyjDUc1qgV
Justin Langer watched Steve Smith in the nets and said he'd never play Test cricket.
"Langer's definition of a good cricketer was someone who was like him." Kate Burke on the biggest lesson for farming parents. https://t.co/Jyrtt4tiWt
Mario and Gaetano Bongiorno opened AlbaCheese in Tullamarine in 1982. Last November the family sold a majority stake to AptaGroup and stayed on. Congratulations to the Bongiorno family on 44 years, & on a partner that lets them keep going.
#AlbaCheese#AptaGroup#FamilyBusiness
Halfway through buying a business, Will Strange got an anonymous message from inside it. Here's what they're not showing you.
"Some would say that's worthy of pulling out. I assessed it as worthy of fixing." https://t.co/mDoH4PstaA
"Do a succession plan so that you sell on your terms."
The buyer approached La Porchetta. That's the bit Sara Pantaleo would change. Last year it sold to two franchisees, on its own terms. https://t.co/7vxhxTeA4Q
Kate Burke calls them gen connected. Grew up inside the farm business, left for a career, still take annual leave to go home and do farm jobs, then get told "we can't talk about that" when the decisions are made. https://t.co/Jyrtt4tQM1
PE buys your business to sell it in 5 to 7 years. Will Strange buys it to keep the name on the door forever.
"A lot of the time it's just the energy of the owner that's gone from that business."
https://t.co/mDoH4Pt108
Can you have a word with Dad for me? Family business psychotherapist Tom Skotidas calls it triangulation, and saying yes pulls the adviser into the pattern.
https://t.co/RyjDUc1Y6t
"Any family business should have a crisis plan. It doesn't always transition in a nice, beautiful way."
Sara Pantaleo wrote one for La Porchetta. She never expected to need it for her brother.
https://t.co/7vxhxTf7Uo
Your sister, your colleague and your co-owner can all be the same person. Family business psychotherapist Tom Skotidas calls it three nervous systems in one. https://t.co/RyjDUc1qgV
Rosario Cordina and his son Joseph began farming chickens at Girraween, in western Sydney, in 1945. More than eighty years on the family are still there, and Louise Cordina will chair Cordina OSI. Congratulations to the Cordinas on staying owners.
Credit: Image Cordina Group