Passing the Torch – what’s the true key to successfully transitioning a family business? 🔥
This week, we had the pleasure at FBN Switzerland of spending an evening with two truly inspiring figures in the world of family business: Matthieu L. (Founder of For Talents and former Chairman of the Board of Decathlon) and Peter Koenig (Founder of the LoveInBusiness ecosystem).
They openly shared with us their insights and personal experiences on a topic that lies at the heart of every entrepreneurial story: “Passing the Torch – how to ensure a successful transmission of a family business.” 💡
We explored the profound meaning behind the “torch,” which is a testimony of trust and acumen handed across generations from one Source to the other.
It’s not just a symbol of leadership, nor merely a matter of capital shares. The Source is that creative, visionary flame 🔥 that sparked the entrepreneurial journey in the first place — and that will allow it to move forward with inspiration, purpose and longevity.
We discussed how essential it is to:
➡️ Acknowledge and preserve the essence of this Source,
➡️ Legitimize the new bearer of the Source,
➡️ And ensure a symbolic and emotional handover from one generation to the next.
Because passing on a family business is never only a strategic process — it is a deeply human one, where emotions, values and legacy intertwine to take the enterprise to the next step, while maintaining its soul and family unity.
And yes, it can be truly successful at all levels — if thought through carefully! ✅
🙏 A heartfelt thank-you to all participants for your presence, openness and moving contributions. Once again, we learned so much from one another, and from our speakers — who helped us reflect concretely on questions that every entrepreneurial family eventually faces.
Let’s continue to share our stories and carry the flame forward — with gratitude for the past and confidence in the future. 🌟
