“Don’t try to run your company for a capital event. Those things kind of take care of themselves. Just focus on doing the right thing, making the right investments in the business, and then create the storyline around that. There’ll be natural times when you need to raise capital, but let the capital kind of fit within your cycle.”
Michael Praeger,
AvidXchange, Inc.
CEO and Co-Founder
“Family enterprises are unique in how they plan for the future. They’re conscious of honoring their traditions and values to preserve a lasting legacy for the business. An effective board of advisors for a family-owned business understands this and supports the family’s ambitions of sustainable growth across generations.”
Carrie Hall, EY
Americas Family Enterprise Leader
“What’s important to me now is profitability. I am not as concerned about the top line. I’m much more concerned about what the bottom line looks like, how employees get treated and the durability of the business. I really feel strongly that I want to build value to last. It’s not just for our own family but for the families that work for our companies as well.”
CEO and Chairman of the Board
Crystal Maggelet,
FJ Management
“The business leaders at the Forum are driven by a strong sense of purpose—and how they define success is very personal. They are better able to activate their ambitions when they gain an outside perspective and learn from each other’s journeys. Their ambition is as unique as they are, and so are the ways they build trust with their stakeholders, adapt to the shifting market and succeed in all the ways that matter to them.”
Anthony Sgammato, EY
Americas Assurance Private Client Services Co-Leader
“If you don’t know where you’re going, any road will take you there. Get clear on what it is that you’re looking for and how to get there—and ask for that.”
Betsy Bluestone, P&G
Global Discovery Leader
