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Dec 06 2018

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 […]

Written by Pete Walsh, MCC · Categorized: Accountability, Coach Pete's Best Plays, Communication, Family Business, Family Business Relationships, Leadership, Next Gen, Resolving Family Business Conflict, Succession, Uncategorized, Versus, What Not To Do

Nov 08 2018

Simple 3-Part Recipe for Holiday Peace & Happiness

Isn’t it ironic… the holidays should be a time of celebration and happiness, yet for so many families it’s a time where family tension becomes amplified. Nothing can give you stomach acid quicker than thinking about spending a few hours with relatives you simply don’t like or worse, don’t trust. Here’s a quick and simple […]

Written by Pete Walsh, MCC · Categorized: Uncategorized

Oct 26 2018

Top 3 Communication Killers in the Family

So many families struggle with effective communication. It shouldn’t be so hard.  Here’s what I’ve found to be the biggest killers of communication: Ego When it comes right down to it, our ego causes so many of our problems. We want to be “right,” we want to be liked, we want to think we have […]

Written by Pete Walsh, MCC · Categorized: Uncategorized

Sep 27 2018

6 Reasons Why Every Family Business Needs a Budget

October was the month when our CFO, Doug, would be making his rounds with all of the leaders in our business to begin to forecast their income and expenses for the upcoming year. The best run, long-term sustainable family businesses know that having an annual budget “process” is an important step on the road to […]

Written by Pete Walsh, MCC · Categorized: Uncategorized

Aug 29 2018

Put Self-Interests Aside in Your Family Business

In 1985 I was a young, straight-commissioned salesman in our 65-year-old office furniture business. We had a hot new product and I was positioned to have a great year selling it. Uncle Tim called me into his office and informed me he was hiring an additional salesperson and splitting my territory in half. I was […]

Written by Pete Walsh, MCC · Categorized: Uncategorized

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