Last Update: Tuesday July 14, 2020

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Three generations in the family business

Glen Rock, New Jersey: One never knows when power, love, and money intersect within a family, how it'll play out. When company founders, Rose and Hubert Opici, thought the next generation was ready to run the company, they retired to Florida.

They were a bit too optimistic. Though from within the family, their new leadership had power and money but not the love that was Rose and Hubert's special ingredient that had nurtured this business into being for over three decades. Luckily, Rose and Hubert were paying attention. They came out of retirement and restored health and vitality to the business.

The hard lessons learned from that experience steeled the family for the tasks ahead. Their daughter, Linda, became president and they began recruiting strong veteran industry talent. Then to prepare their grandchildren, Dina and Don are getting on the job training from the bottom up.

Learn how a business is built by celebrating life around an evening dinner with family, customers and suppliers. It is a very basic business formula: Know your customers and suppliers well. Get to understand them, like them, and trust them, and the business follows.

This company opened for business in 1933 and you will hear the third generation talking about taking Opici into its second century of operation.

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Business is about creating something of value. If you say to yourself, "Today I am only going to do those things that add value to the world," you'll be on the path to wealth. If you are already wealthy, you'll become even more wealthy.

It is our destiny to be financially independent. When you are, you won't work because you have to work; you'll work because you want to work. You'll want to create something of value. You want to make a difference and make the world a better place.

Then, you lose weight. If you set aside any of those activities that do not create value -- couch potatoes no more! -- guess what? You'll start losing weight! We can all stand to lose about 10% of our weight. Make a little money and you can also make time for morning calisthenics and a little outdoor exercise as well. More...

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