Today’s society and economic complexity makes the transition of intergenerational wealth a critical and complicated challenge for affluent families.
Family Business Australia cites that, Australian family-owned businesses have an estimated wealth of $4.3 trillion. In addition, that more than 30% of all family-owned companies exist in the second generation; 12% will remain viable in the third generation however only 3% will operate in the fourth generation and beyond.
Are you a leader building your family business?
Working in a family business can be satisfying as well as demanding. Typically, there are challenges carving your position on your terms.
Coraggio is delighted to extend a complimentary invitation to join us to hear first-hand how we can expand and future-proof your business, followed by an upfront and personal keynote speaker session with one of Australia’s leading family advisors, David Smorgon OAM.
Opened by our CEO, Richard Skarzynski, who will discuss how being a part of a Coraggio peer-to-peer Advisory Board provides a sustainable solution to navigate your business effectively throughout 2021 and beyond.
Followed by David Smorgon OAM who will provide insights into:
- Why so many families in business dysfunctional?
- Why is wealth such a burden and not a benefit?
- Why 70% of wealth transitions fail?
- Importance of succession planning and governance.
About David Smorgon OAM
Founder & CEO, Pointmade
David Smorgon OAM is a well-known and respected businessman, who over the past 12 years has become one of Australia’s leading family advisors.
Based on his 25 years at Smorgon Consolidated Industries, which was one of Australia’s largest family businesses, David understands the real issues that impact families in business working together. He has assisted many families to achieve their goals of family succession, governance as well as deliver family harmony and unity.
David is refreshingly honest speaker, touching on his own successes and failures whilst imparting a wealth of knowledge. As such he has attracted stellar reviews and testimonials consistently for more than 15 years. David epitomises corporate success as well as exceptional community leadership, embodying the values of family and work ethic.
About Richard Skarzynski
Chief Executive Officer, Coraggio
Richard is a leader committed to delivering significant value, enabling business owners and entrepreneurs to future proof their business. He has been a Chair of Coraggio for more than six years and the CEO since 2017.
What is Coraggio?
Coraggio brings together Australian private business owners, leaders and entrepreneurs in a secure and confidential boardroom environment to challenge assumptions, discuss new ideas, discover next steps and share concerns with neutral parties committed and accountable to one another.
Coraggio Members gather at their monthly Advisory Board and collectively with their fellow group of peer members from diverse industry sectors work with their Chair, a lawyer, and an accountant to tangibly drive business success.
Date: Friday 12 February 2021
Venue: Dexus Place, 385 Bourke Street | Melbourne VIC 3000
Arrive: 9:00AM (9:30AM start) to 12:30PM
Morning tea will be served at 11:00AM. Food and beverages are individually packaged, and all guidelines and physical distancing measures are followed as per Government regulations.
Seating is limited to this complimentary session aimed specifically at business owners and entrepreneurs. Following your registration, you will be contacted by Vivian Kooyman from our Coraggio Advisory Team.
To find out more please call Vivian Kooyman on 0402 421 648 or email firstname.lastname@example.org
RSVP by Wednesday, 10 February 2021
Wishing you all the very best and good health! We look forward to meeting you there.