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Tharawat Magazine
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Inspiration for the growth-minded company.
Inspiration for the growth-minded company.

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“Beauty will never go out of fashion, and just as we draw inspiration from the stunning historic architecture that surrounds us in Italy, people will still be wearing beautiful pieces of jewellery hundreds of years from now.” #familybusiness #jewellery
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“In an increasingly unstable world, I think Germany is still a place that is relatively stable in many dimensions. It’s a good place for the economy. And it’s also a good place for family businesses.” #FamilyBusiness #DigitalAge
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Growing a family business into a profitable and successful enterprise is a challenging process and, once there, other questions present themselves. How does the family deal with its newfound wealth and affluence? How do you ensure children grow up without an unhealthy sense of entitlement? How do you adjust to this strange new world?

Recently Tharawat Family Business Podcast sat down with Dr Grubman to discuss the complexities of newfound wealth and the problems that arise when cultures and generations come into conflict. #familybusiness #wealthmanagement #podcast
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“I think technology has been pervasive and you have to embrace it; you cannot fight it. It is as much of an opportunity as it is a risk, so you have to be aware of it. The barrier to entry has been lowered dramatically. This means that you will have more and more people who will try to become entrepreneurs. This could be both and opportunity and a risk.” #Technology #FamilyBusiness
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“In Chile, we have a very strong sense of entrepreneurship, and so it’s imperative that we work with that.” #entrepreneurship #familybusiness
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“We are able to merge traditional aesthetics with modern sensibilities – we’re not just asleep at the wheel. Our designs are inspired by the beauty of Valenza itself.” #familybusiness #design
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“We are one of about 23 tomato growers in the region, and we certainly aren’t the only successful operation, there are some other outstanding farmers nearby. However, we are the only open farm, and that makes Fridheimar stand out.” #familybusiness #entrepreneurship
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“The aim of succession is not to replicate the past but to get a new perspective on the present – it’s about bringing new strengths and aptitudes to the business. My father went through the same process when he succeeded my grandfather and learned from it. He’s utilising that experience now.” #Success #Entrepreneurship
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“We are not interested in the masses, or in someone who wants to buy a Zannetti watch, because of the brand. We cater for a more sensitive and sophisticated clientèle, who understands the amount of effort that goes into one unique piece of a handmade watch, the memories, and the emotions that come with such a legacy item.” #FamilyBusiness #Luxury
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“In 1997 we had 254 stores, and the revenue was $178.7 million. That’s when we set a goal of being a billion-dollar company.” #Goals #Entrepreneurship
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