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 […]
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.
8 Questions to Ask Dad This Father’s Day
Every year I encourage you to be brave, have some fun, and have a conversation with Dad like it might be your last and most important conversation with him. This last year has been interesting, if anything. Seriously. Without even getting into a big dialogue or debate about the pandemic, my wife and I both […]
5 Sibling Rivalry Dos and Don’ts
Sibling rivalry runs deep. I was returning from a family business coaching engagement at the airport two years ago. A three-year-old was sitting in his stroller and the five-year-old sibling came over to push the stroller to help Mom and Dad. The three-year-old had an instant, hysterical reaction to the fact that his older sibling […]
First Quarter Review for Your Family Business
Sports continues to show us a recipe for success. Great teams rehearse, practice, play and then evaluate their performance. One of the most popular ways to assess recent performance is to “review the game film.” In other words, sit and watch the game over again as a group. Watch for good execution and breakdowns. I’ve […]
5 Ways to Strengthen the Family Business Tree
It’s that time of year to fertilize the trees in my yard. A good gardener will remind you that if you want to have big, strong, healthy trees, you need to give them a little fertilizer at a couple points during the year. Families are like a tree. They are a living, breathing, evolving being. […]
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