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 Relationships
Perspectives on family business relationships, how different members within a family-owned business interact with one another and tips for successful communication.
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 […]
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 […]
Life is a series of negotiations. One of the keys to happiness is to learn how to: Determine what works for you Ask others to help you get what you want Understand when you’ll be flexible and when you won’t Be willing to take a stand and make brave choices Be at peace – hold […]
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 […]