Myria Antony, Advisor, Cambridge Advisors to Family Enterprise
- Myria Antony is an Advisor at Cambridge Advisors to Family Enterprise.
Podcast
Overview
Poor succession planning, lack of trusted advisers, family conflict, different visions between generations, and lack of financial education for children are some major reasons why 70 percent of family-owned businesses fail or are sold before they are passed on to the second generation and almost 90 percent don’t make it to the third generation.
00:38- About Myria Antony
- Myria Antony is an Adviser at Cambridge Advisers to Family Enterprise.
- She is a regular speaker on family business topics, philanthropy, and social impact.
- She has advised family-owned enterprises around the world on strategies for growing and passing their enterprises to the next generation and the successful continuity of their enterprises.
03:44- Strategies for growing and passing the family business enterprise to the next generation
- Family businesses are fascinating. They have changed the landscape and complexity.
- My work has focused on multi-generational family businesses. It is around family and business governance.
- There is also a huge piece around family dynamics and conflict resolution.
- I have also worked in Leadership and development, helping propel the next generation.
09:31- Why is it important to find efficient ways to transfer wealth?
- We are living in a very volatile world. It is very critical to maintaining family unity.
- With successful families, there is a huge cost involved, so generational transfer is very influential for minimizing these costs and keeping the family together.
23:46- Three lessons
- Strive for success on the daily basis.
- Do not be afraid to take risks.
- Intellectual, physical, and emotional health all three go hand in hand.
RESOURCES:
You can connect with Myria Anthony- LinkedIn
Profile
- Myria Antony is an Advisor at Cambridge Advisors to Family Enterprise.
- She is a regular speaker on family business topics, philanthropy, and social impact.
- She has advised family-owned enterprises around the world on strategies for growing and passing their enterprises to the next generation and the successful continuity of their enterprises.
