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There is a famous adage that says, "Say what you mean, mean what you say, but don't say it mean." Being an effective communicator is listed as one of the top skills in almost every job description, and it's very high on rating your emotional intelligence score.

When I p...

December 23, 2019

Jacob M. Engel

Author and CEO of The Prosperous Leader. I help CEOs and their organizations prosper.

It's an age-old argument: Are we who we are because of nature or nurture? Are we born with inborn tendencies, or are we born “tabula rasa” (with a clean slate)? Is our IQ...

November 27, 2019

Do you know why you do what you do? What impact do you want to have, and why is it important to you?

If you’re not familiar with the “why” question, it was introduced by Simon Sinek in his famous TED Talk based on his book Start With Why. He explains that all companies...

Why do leaders struggle?

Many leaders I work with, if not most, struggle with how to take great ideas that they either read about or heard at a seminar and create a great company culture. Their senior employees seem to fear the idea of changes that come once a week, mon...

If you've been following this series of 10 commandments, you know my belief is that preparation is the No. 1 ingredient for implementing any goal, but especially true for succession planning.

The reason is that I see so many predecessors who mistakenly believe that they...

September 26, 2019

Recently, I was involved with a few family businesses of which the founders were values-driven, not money-driven. They gave back to their communities, even when they didn’t have much to share. They were ethical, honest, upstanding citizens, yet their businesses descend...

September 13, 2019

Retirement should not be a death sentence. Rather, it should be the opportunity to re-invent yourself, do the things you have never done before but always secretly wished for, learn new things, travel, join new classes and the list goes on.

The first pre-requisite is to...

Jacob M Engel, Prosperous Leaders = Prosperous Business.CEO  Coach | Consultant | You too can achieve success

Evaluating a successor is one of the most (if not the most) difficult challenges of any CEO, especially in a family-owned business. In fact, it's been said...

https://www.forbes.com/sites/forbescoachescouncil/2019/07/08/the-fourth-commandment-of-family-business-succession-have-a-life-outside-the-business/#3ad8767a6291

I once met a prominent family business psychologist, and he shared with me a very powerful insight. He often...

I once saw a great line that said something to the effect that, "Your family has the right to your inheritance but not necessarily to run your business."

This topic can be the cause of major misunderstandings and disagreements in family businesses. Often, both parents a...

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