Family businesses have played a central role in the economy for centuries, and if run properly, also allow your family to benefit from its members’ trust, expertise, and communication skills. For your business to succeed, however, you must take care to treat all employees fairly, respect privacy, and avoid assigning unclear duties. The following tips […]
5 Ways to Inspire Employee Engagement
It isn’t every day that you find employees who are ready and willing to do more for their workplace without getting something in return, even family members who are employees. That being said, there are plenty of ways that you can inspire confidence in your employees, encourage them to move forward, take part in the […]
Don’t Use Family Dynamics As An Excuse For Poor Performance
Family dynamics can be extremely frustrating and hard to deal with – I get it! But too often, family members can use the “family dynamics” card as a convenient excuse for not performing like strong business professionals. One of the most common family business challenges is learning how to perform at a high level consistently. Part of […]
The Coach’s Best Plays – A roundup of the best family business articles
Throughout the month, Coach Pete seeks out strong players in the family business world in order to bring you real stories of real family business professionals to inspire, drive and lead you forward. From the stories of legacy builders to examples of outstanding succession planning, the star players Coach Pete comes across are navigating the game with confidence and […]
How to Outgrow & Outperform Professional Expectations
In terms of professional development within the family business, expectations are something of a double-edged sword. On the one hand, meeting expectations is one of the best ways to continue to strive for success in your field, regardless of what that field happens to be. On the other hand, there will certainly come a time […]
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