How often do you head out for an important trip or family vacation and not have reservations or a map with directions? Hopefully never. Yet that’s what so many people do with one of the most important journeys of their lives — their professional journey and their family business journey. Before you and your family […]
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.
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 […]
4 Steps to Build Sound Judgement in the Family
Learning to use sound judgement is like most other qualities of great leaders and successful people — it comes with thoughtfulness, discipline and practice. As family leaders it’s your job to create the right learning environment for your family. Here are four simple steps: Model the Behavior The family is always watching its leaders. Opportunities […]
10 Things to Practice for National Parents’ Day
The fourth Sunday of every July is National Parents’ day. This holiday was started in 1994 specifically to honor the importance of parenting in child rearing. In this short video Coach Pete shares 10 practices you can focus on with your parents in honor of this important day.
Call Me Five Years Before You Think You Should
In May 2015 in Orlando, I got to meet Marie Wagner. Marie’s family business was experiencing declining revenues while losing key clients, mostly because the business wasn’t evolving as customers’ needs evolve. Marie’s mother, Gloria, is headstrong and believes her way has worked for 25 years and there’s no need to change now. I asked […]
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