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 […]
Coach Pete's Best Plays
The best-of-the-best advice from family business coach Pete Walsh.
Learn How to Build a Coaching Mindset in Your Family
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 […]
5 Lessons Family Business Leaders Can Learn From the Olympics
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 […]
How to Conduct a Professional Family Business Meeting
A well-run family meeting can make a huge difference on the trajectory of a family and its business. I’ve had the honor to work with several families and watch their family gain clarity, momentum, and camaraderie as a result of their annual family meetings. Most of these family leaders were unsure and hesitant at first […]
3 Important Considerations About WHEN to Transfer Business Ownership to a Family Member
Most of the family leaders I meet know that SOMEDAY they will transfer ownership of the business over to the next generation. What they may not consider is the importance of WHEN that happens. Here are three important considerations family business owners should keep in mind: Did you forget what it felt like to want […]
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