Oct 18, 2022
Join Francesco Lombardo for this week's Safe Space as he speaks
with Charlie Rhomberg, 4th generation member of the Schmid family,
Crescent Electric Supply Company.
Founded in 1919, Crescent Electric Supply has grown significantly
over the decades. The 3rd generation of owners realized there
needed to be more structure in place for the future generations to
keep the business going strong. Now with over 130 family members,
how exactly was this accomplished? How is the family keeping the
business of the business and the business of the family separate?
Why is it just as important for the youngest generations to build
connections in the family as it is for the senior generations?
Charlie’s advice…for the Senior Generation, continue to work with
future generations in developing a plan for what the retirement
changeover will look like. NxtGen, learn as much as you can about
family history and your roots to create a different kind of
connection with the family.
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