Businesses shouldn't get stuck with a widowed shareholder

Janine Starks  May 19 2018

OPINION: Here's a bit of advice. Don't get stuck with a widower.

That's not something gleaned from the pages of a dating website for older women. It's proper business advice and it applies to men too. Avoid widows.

My business partner and I had "the death chat" years ago when our company started getting serious. The firm had a prosperous future, but what sort of mess would we be in if one of us dropped dead?

In our case we'd have a double mess on our hands. We ran an investment firm and our skills were largely gained offshore. It wasn't possible to just pluck a replacement from the New Zealand financial industry.

We'd already discovered one Kiwi working in London and promptly employed him. These gems were hard to find.

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