Research shows us that approximately, only 30 percent of all family-owned businesses survive into the second generation and only 12 percent will be survive into the third generation. Of the 70% of businesses that fail to transition successfully; 60% fail due to problems with communication and trust. 25% fail due to a lack of preparation from the next generation. 15% fail from all other issues (e.g. poor tax or financial planning, legal advice, etc.)*
Given this, ISFA's Gen2 Roundtable is designed to provide education and networking opportunities for Companies that are currently run by their 2nd or 3rd generation owners. During this program, participants will receive education from speakers on topics specific to 2nd Generation needs, and they will have the opportunity to network and associate with peers from within the Fabrication industry, that are also within their 2nd/3rd generation.
Registration is Open now. Questions regarding registration? Please call ISFA at (412) 487-3207
Date: 2/27/18 - 3/1/18
Cost: ISFA Members - $199
Non-ISFA Members - $299* *Sign up for the Gen2 Event and Membership at the same time and save $200!* Call for details.
Location: St. Louis, MO
850 S Mulberry
Host - Matt Kraft
Hotel: Drury Plaza Hotel at the Arch
2 South 4th Street
St. Louis, MO 63102
Rate: $139.99 - Reservations must be made by 1/28.
To book your hotel reservations, click below.
Gen 2 Event Agenda
5:30 - 7 pm Cocktail Reception- Drury
6am - 8am Breakfast at Drury
8am-8:30am Shuttle from Drury to Custom Marble
8:30am - 9:00am Round Robin Introductions
9:00am - 10:00am Shop tour of Custom Marble, Facilitated by Matt Kraft, Owner
10:00am - 12:00pm Speaker, John Broer of In2Great, Speaking on the "Predictive Index"
12:00pm - 1:00pm Working Lunch, Gen 2 Discussion Topic #1, Moderated by Amy Miller, ISFA
1:00pm - 1:15pm Scheduled Break
1:15pm - 3:15pm Speaker #2- TBD
3:15pm - 4:15pm Gen 2 Discussion Topic #2, Moderated by Matt Kraft, Custom Marble
4:15pm - 4:30pm Round Robin Wrap up & Key Takeaways
4:30pm - 5:00pm Shuttle from Custom Marble to Drury
7:00pm - 9:00pm Dinner at The Schlafly Tap Room, St. Louis
9:00pm - 11:00pm After Hours Networking, Dowtown St. Louis
10am - 1:00pm ISFA Extracurricular: Optional Anheiser-Busch Tour
*Source: JSA Advising: http://www.jsaadvising.com/facts-figures-2*