Business Family, Personal Health Octavian Pilati Business Family, Personal Health Octavian Pilati

Educating the Next Generation: How to Ensure Successful Heirs

Preparing the next generation of family members is the best investment a family can make if they want their legacy to continue. Family continuity and wealth preservation strategies, that lack a solid education agenda will most likely fail to deliver. Teaching your family members to become responsible wealth owners is the most effective way.

Read More
Business Family, Personal Health Octavian Pilati Business Family, Personal Health Octavian Pilati

The Effects Your Childhood Traumas Have on Your Family Business

The dynamics in business families can be traumatizing for young children and these traumas will carry on into adulthood. In adulthood, the effects lead to certain behaviours and toxic dynamics in the family, which can put the family’s wealth at risk. Understanding trauma and working through it is the basis of broken families finding a way to come together again.

Read More
Crisis Management, Personal Health Octavian Pilati Crisis Management, Personal Health Octavian Pilati

Crisis Management Starts with Self-Management

Your resources are scarce, and you are under immense time pressure. Your peers have already declared you are/your business is done for. What are you left with? You are left with yourself and that is where managing your own personal reseources comes in. The better you do this, the better you are equiped to face anything that life throws at you.

Read More
Learnings from a book Octavian Pilati Learnings from a book Octavian Pilati

What I Learned from Miyamoto Musashi’s “Book of 5 Rings”

Miyamoto Musashi was a famous swords man and martial artist who lived in the years 1584 to 1645. Back then he was unrivalled in the realm of martial arts and revolutionized the art of fighting with the sword. In his last year just before dying he wrote the “Book of 5 Rings”, which is a manuscript of how to use his martial arts. He does not only describe martial arts on a technical level, but also from a spiritual and a psychological standpoint. There is an immense amount one can learn from this book - especially for strategic thinking and outmanoeuvring your opponent and in anything where you might have to “fight” against somebody.

Read More
Crisis Management Octavian Pilati Crisis Management Octavian Pilati

How to Define a Crisis

In the Stanford Design Thinking Process one out of the 5 stages of the design process is called “Define”. This stage highlights the importance of defining a problem, in order to solve it. Usually in product design you will do this with a problem definition followed by a product specification. The same applies to a crisis. In order to solve a crisis, you first need to define the crisis.

Read More
Leadership Octavian Pilati Leadership Octavian Pilati

5 Tips on How to Choose Your Business Partner (wisely)

Unless you are a one-man show – and often even then, you will have to engage in choosing partners for you ventures. This is even more important than choosing your employees, as splitting up with a business partner usually comes with great difficulty (such as legals proceedings). Now the next question would be, what to look at? From my own experience, my family history and from many stories I have heard from current partners or mentors, we will cover some of the important points. As Warren Buffet says: “You cannot make a good deal with a bad person.”

Read More