Being involved in a family business family is challenging on many levels. It’s not for the faint of heart. It’s like a mental and emotional marathon. In our experience if we can teach a family to be more effective communicators and KEEP them communicating they can make great strides in working together and being a […]
Avoiding a Family Business Landmine – Next Generation Children with Varying Work Ethics, Skills and Ambition
It can get interesting in the family business when cousins start showing an interest in the business, while the family business may not be interested in them! Successful and sustainable family businesses realize the need to get out in front of this issue. The best time to talk about this is years before it can […]
5 Amazing Results I See at Family Business Retreats
Learning to focus on and build strengths Many families have a way of focusing on each other’s shortcomings. We use a strengths-based approach to family business coaching. The ultimate success of the family business comes down to the strength of the family. We teach families how to focus on one another’s strengths and put people […]
The Best Strategy for Avoiding Family Business Landmines: Communication
Family business landmines exist below the surface in every family! Most families know the landmines exist but tiptoe along hoping none of them will go off and cause the business and the family significant damage. I’ve always liked to say – hope isn’t a strategy! Every successful family business I have worked with has a […]
Families need to educate the extended family on the need for conflict in the family business
Conflict is inevitable in every successful business. There are always competing priorities, limited resources and tough decisions to be made. Successful family business families communicate this reality to the extended family so as to head off the disappointment before it even happens. Tough decisions need to be made for the family business to be successful […]
