I just found out the Wright brothers had epic battles. How cool is that?! They have to be one of the most famous family businesses ever! Here’s what’s so great about this story. Their conflict is actually what kept driving them to push each other with new ideas to solve one the biggest unsolved problems […]
Coach Pete's Best Plays
The best-of-the-best advice from family business coach Pete Walsh.
Behind every great business you’ll find a culture of accountability. Behind every great family you’ll find a culture of accountability. Be Accountable for Results Long-term business success requires the ability to consistently produce results. That means everyone in the organization understands the importance of being accountable. Their employment is based upon their ability to be […]
Family Business Passion If you want to succeed in the family business, you’d better be extremely passionate about it! Being in a family business can be extremely difficult. Therefore, that’s why passion is such an important ingredient. You have to love it so much that you’re willing to go through the pain to make it […]
Lee Watson started his equipment rental business, Kachina Rentals in 1974 in Sacramento, California. Lee has always prided himself on the fact that he has the largest rental fleet and the most competitive prices in the region. No one has a better rental business in the area. Lee is now in his mid-70s and is […]
The most successful and sustainable businesses have a strong culture for goal setting and accountability. Most of my family business clients want to have the freedom and autonomy to do things “their way” and not be a task driven (big corporate) culture. I agree with their vision AND encourage them to realize goal setting is […]