Sometimes working in the family business can feel like an arranged marriage. You might have a group of people who were brought together with good intentions. Yet true love, their true passion isn’t happening. So then the question becomes: What, if anything, do we do about that? The answer is clear. Life is too short […]
Coach Pete's Best Plays
The best-of-the-best advice from family business coach Pete Walsh.
3 Ways for Family Business Leaders to Set the Tone
Great leaders set the tone. You don’t have to be around them very long to get a sense of what they’re all about. The same thing is true for great families. The tone is set at the beginning of the year with great family leaders. I have one client who has his team declare their […]
Annual Family Rituals
Most families have a few annual rituals that happen this time of year. They could be gathering for a meal, exchanging gifts and expressing gratitude, for instance. The families we serve want to take the right steps to create a strong, successful and sustainable family business that can be a source of family purpose and […]
Recipe for Happiness in a Family Business
Think about your family and your family business like a soup, or a casserole. A tasty soup becomes great by combining a unique mix of ingredients with just the right amount of preparation and heat. As you approach the holiday season, I thought I’d share my recipe for making your family and your family business […]
Stages of a Family Business and How to Get Through Them Gracefully
I compare family businesses to professional sports teams often. I believe business is a competitive sport and there are many parallels we can learn between professional sports and professional business. Sports has shown us many great dynasties over the years with teams that have had decade-long success. Rarely does that success become repeatable over several […]
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