Leadership: without it, what do you have? For many businesses across the nation, that is a valid question. People work hard all of their lives to build up a business, but when it comes time to retire they have only two choices — sell the business or pass it onto the kids. Without strong leadership, […]
Coach Pete
The Coach’s Best Plays: a RoundUp – Edition 1
Coach Pete describes the best plays he finds in the family business world. Edition 1. A dose of business coaching from Family Business Performance Center.
Annual Family Retreats: You Never Know How Much Time You Have Left With Your Patriarch
I was deeply saddened last week when I heard of the sudden loss of the patriarch of a fifth-generation family business I have the honor to coach. At the same time, it warmed my heart to know I got to help create a venue for the patriarch to mentor and teach the grandchildren over the […]
Coach’s Tough Love – Family Business Siblings Must “Leave Ego at the Door” to Survive
Adult sibling rivalry is one of the most common and potentially devastating family business challenges a family can face. Listening to a brother last week describe the challenges he was facing with his younger brother, I was told, “I don’t know how to describe it – there’s just something between us and it’s getting in […]
Family Biz Deliberate Practice of the Week: Train your mind to focus on the positives
This week watch yourself closely and keep training your mind to focus on the positives in your family business. I’m sure they are there if you look close enough. We are creatures of habit and whatever we focus on we get more of. The more your mind takes you to the negative the more you […]
