Letting Go

Norb Schwarz

I often think of the time when I was just beginning my banking career, had a growing family, and was working toward my master’s degree at night school. After several years of multi-tasking, I went to my boss and asked him if getting the degree was worth it. His short answer was “yes”, but it was a comment he made in support of his advice that has stayed with me and served me well over my half century in business.

He said “Norb, never leave anything, always go to something better”. His advice has served me well over the years. As I work with senior generation family business owners who are transitioning the business to the next generation, I can see that those who have identified something to transition into are much more likely to be able to let go of their role in the business. Whether it be lowering your handicap in golf, teaching, serving on other company boards, philanthropy, community service, spending more quality time with your spouse and family, writing, painting or just doing those things you have always wanted to do, successfully transitioning the business shouldn’t be viewed as leaving anything. It should be viewed as going to something better.


When I let go of what I am, I become what I might be.

When I let go of what I have, I receive what I need.

By yielding, I endure.

When I give of myself, I become more.

When I feel most destroyed, I am about to grow.

When I desire nothing, a great deal comes to me.

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