Nothing ruins a perfectly good business discussion then somebody that loses control of their emotions. Am I right? Our emotions are real and need to be dealt with. The problem is for so many people in a family business they allow their emotions to get the best of them. The brain scientists have proven that […]
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.
Family business retreat rewind: What this next GEN did was amazing!
At the end of last weekend’s family business retreat most of the 40 and 50 year olds were surprisingly blown away with how much the 15 to 25-year-old crowd spoke up and participated. The difference in the amount of participation was stark compared even to last year’s retreat. What we all concluded was that the […]
Lack of Role Clarity a Key Contributor to Sibling Issues in the Family Business
Perceived inequality of results and lack of role clarity is a very common issue that comes up with our family business clients. So one of the first things we ask is: do you have clearly defined roles and responsibilities? I’m amazed how often family members don’t have clear roles, responsibilities and business goals. The lack […]
Coach Pete’s – Best Family Business Articles of the Week
The value of outside advisors to the family business After coaching our family business clients’ Board of Directors, we encouraged them to consider adding some informal advisers to their board process. The result has been outstanding! It’s been exciting to see the family’s eyes and ears open up to some very seasoned and experienced outside […]
Family Business Landmine: SIBLING RIVALRY can doom the family business!
Unhealthy and unregulated sibling rivalry can literally kill a family business. I’ve seen it firsthand. Sibling rivalry is hardwired deep inside our bones. I know because I feel it with my own brother and, quite honestly, feel it with some of my best friends. It’s like this innate desire to compete with some of the […]
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