Telling your child they are NOT going to take over the family business!
Telling a child that they will not be taking over the family business can be a difficult and emotional conversation for any parent!
Read articlePractical thinking on the human side of family business - succession, next generation leadership, and keeping the family together while the business grows.
Telling a child that they will not be taking over the family business can be a difficult and emotional conversation for any parent!
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Something I’ve realised over the years is that the passing of a family business from one generation to the next can be a catalyst for either the success or downturn of the company. While studies have shown that family-ru...
Read articleIt was lovely to chat with Kevin on his podcast about getting the family aligned in succession planning.
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It was great to chat with Matt about ways people in family SEO businesses can think about their succession planning. When families run their businesses and the business is split between an older and younger generation, t...
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I had a great time chatting with John about Succession Planning and Strategies for Running a Successful Family Business.
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Family businesses make up 40% of Fortune 500 companies and 60-80% of global enterprises worldwide, so it’s safe to say they’re the rule, rather than the exception. On top of the pressures of maintaining and improving bus...
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I had a great time chatting with Chad about all things Succession Planning! Do you have someone in mind to inherit the business? Do your children even want the business? Lots of great energy and ideas flying around this ...
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Sibling relationships can be complex and difficult, especially when siblings work together in a family business. Rivalry between siblings can lead to productivity problems, employee conflicts, and financial difficulties ...
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In this episode, as it’s the very first episode of our first season of our new podcast about Family Businesses and Succession Planning - I thought it was only fitting to have the original founders of my own family busine...
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Core values are the foundation on which a business is built. They help define the company’s identity and govern its actions and decisions. Every business has unique core values that set it apart from other companies. The...
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I had a great time chatting with Rob on the Learning from Smart People Podcast. We talked about my thinking around succession planning, both in a family business and in any kind of scenario where you want to take someone...
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Should you encourage your children to study a particular field to prepare them for working in your family business? It's not essential, and the best approach is giving them the freedom to follow their passion. Inevitably...
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I recently had a very interesting chat with Philip Portman on his Success Is ____ podcast
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Consider this if you're looking for a link between family business and entrepreneurship. Three-quarters of companies in 48 economies are founded with significant family involvement. In the US, 30% pull in family members ...
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A family business has the potential to create lasting bonds, wealth, employment and a legacy for the family behind it. Some of the most successful businesses in the world are run by families, and their focus on long-term...
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It's a cliché as old as time that older generations view their successors as lazy and entitled, with millennials often labelled as such. However, research has shown that the opposite is true, with nearly three-quarters o...
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Diversity in business is more important than ever. The role of business in society continues to evolve, and companies are increasingly in the spotlight as they are expected to play an active role in addressing important ...
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If you fail to plan, you are planning to fail. Benjamin Franklin put it as succinctly as can be. This is true of almost everything in life, and nowhere is this more evident than in family businesses, where the question o...
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I had a great time chatting with Gordon Henry from Winning on Main Street about the ups and downs of successfully creating a succession plan for your family business.
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Many graduates have asked themselves: Should I get a job or join the family business? In theory, joining a family business seems to solve a number of problems for you and your parents. You don't have to stress about find...
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Many family businesses fail or are sold before they reach the second generation. That's the bad news. Here's the good news: family businesses are critical to the global economy's health. According to the 2021 EY and Univ...
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Succession is a challenge that every business has to face from time to time. Every employee, from a new recruit to a C-suite executive, needs to be succeeded when they leave their job, retire, or are promoted from their ...
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I had a really fantastic time chatting with Cathleen Merkel about her time in corporate before striking out to support people to learn and grow as a mindset and leadership coach. To find out more about what Cathleen is d...
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I had a lovely time chatting with Grant recently (even with the enormous time difference!) about succession planning in longer established family businesses. Check out some more of Grant's stuff here: https://www.aboveth...
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I had a great time chatting with Dom recently about succession planning in the construction industry and how family run businesses can start to plan their long term strategy for succession. Dom and I first met at an EO e...
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Was great to chat with Mohanni Love on her podcast - Let's Talk About It - about all things personality, succession planning and figuring out how to get some solutions to age old problems in multi generational businesses...
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I had a very interesting conversation with Chris recently about how family farms and agri-businesses in general can look at succession planning within their business.
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Really enjoyed chatting with Daniel on his RNG Radio Show recently. On his show he talks a lot about Credit Repair, Real Estate and Motivation - all things that are really important for Family Businesses!
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It was great to chat with Michael and Christian on their podcast about Remote Leadership and my time working from Spain for a year (getting practise in well before the global lockdown!)
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Had a great time with Vinnie on his podcast talking about the entrepreneurial journey with the ups and downs of running a multi generational business
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