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 […]
Family Business Communication
Communication is key in every family business. Find ways to overcome or circumvent the problems that can arise when communication breaks down.
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 […]
Ever wonder how a great musician learns to play at such a high level of expertise? Practice! I’ve watched several interviews and documentaries about some of the world’s greatest performers. Each and every one of them has an unrelenting passion for practicing their craft. In a family business, if you are going to perform at […]
People often ask me, “What is family business coaching?” Another question I get is, “How is what you do different from family business counseling?” A family business coach or a business coach will typically be helping people become more effective at producing business results. Most of the conversations will be through the lens of focusing […]
Statistics tell us 7 out of 10 family businesses will not successfully transition to the next generation. The question is, what can you and your family do to make sure you beat the odds? Here are a few tangible steps you can do to take over a family business, which are based on my 20 […]