First and foremost, hopefully your family will take time this weekend to remember any of your family members who served and made the ultimate sacrifice for our country. In our family, my Uncle Richard Walsh graduated from Wharton before he served in World War II and gave his life as a torpedo bomber in the […]
Coach Pete's Best Plays
The best-of-the-best advice from family business coach Pete Walsh.
Best Example of How Conflict Helps Your Family Business
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 […]
Culture of Accountability is Key to Family Business Success
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 […]
Passion is Key Ingredient to Family Business Success
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 […]
Case Study: Dad Refuses to Evolve, Let Go or Leave
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 […]
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