Remember – trying to find happiness and success in a family business is a huge long shot. I’m not saying it can’t happen. I’m saying the people who find happiness work hard at it. Here are some of the things they do: They don’t try to do it alone I don’t try to fix my […]
Family Business Articles, Tips and Advice
Family businesses have unique characteristics that can either drive success or create discord. Our goal is to help every family-owned company get on, and stay on the path to success.
If you’ve been following me for any time, you know that I like to take lessons from the sports world. My premise is that business is a competitive sport. Here’s an good example from the pros This week I’d like to take a page out of the Playbook from Bill Belichick, the head coach of […]
Coaching inspires higher performance, individual and team accountability, and humility. When your family can embrace those ideas, they will have taken a giant step toward being a strong, healthy, and sustainable team. Humility The first step is for everyone to check their ego at the door and be open to the fact that they don’t […]
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 […]
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 […]