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 […]
Family Business Relationships
Perspectives on family business relationships, how different members within a family-owned business interact with one another and tips for successful communication.
How to Manage Family Business Fighting and Resolve Conflicts
I’ve been joking for sometime saying that family business reminds me a lot of a hockey game. A fight breaks out almost every time. Conflict breaks out in most family businesses. Yet, the truth is, conflict happens in just about every business. One of the important things we teach our family business clients, is that […]
What a Family Business Counselor Can Do for You
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 […]
How to Take Over a Family Business? Try These 3 Strategies and Tips.
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 […]
Independence in Family Business
Every July I think about independence and how it’s such an important human desire. In my work with family businesses all over the world, it’s evident that the younger generation really values independence. Successful family businesses need to strike a balance between giving the next generation some independence and encouraging the next generation to realize […]
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