As a part of our coaching programs, we are always giving and receiving feedback. High performers embrace performance improving feedback. Unfortunately, too many families avoid giving or receiving feedback because they take it personally and let it impact their family relationships. Critique the Performance, not the Performer I heard a great idea from Lou Holtz, […]
Coach Pete's Best Plays
The best-of-the-best advice from family business coach Pete Walsh.
Remember – trying to find happiness and success in a family business is a huge long shot. I’m not saying it can’t happen. I’m saying the people who find happiness work hard at it. Here are some of the things they do: They don’t try to do it alone I don’t try to fix my […]
If you’ve been following me for any time, you know that I like to take lessons from the sports world. My premise is that business is a competitive sport. Here’s an good example from the pros This week I’d like to take a page out of the Playbook from Bill Belichick, the head coach of […]
Coaching inspires higher performance, individual and team accountability, and humility. When your family can embrace those ideas, they will have taken a giant step toward being a strong, healthy, and sustainable team. Humility The first step is for everyone to check their ego at the door and be open to the fact that they don’t […]
Business is a competitive endeavor. The competition is getting bigger, stronger and faster every year. Sounds a little bit like the Olympics. Only the very best get the gold medal. There’s a unique challenge for family businesses. They usually make up a big part of their team by recruiting family members. That’s good if you […]