It can be lonely at the top of any business, especially a family business. Imagine how hard it is to make business decisions that involve so many of the people near and dear to you. I’ve been on the difficult end of those decisions. Like when Uncle Walsh chose to split my sales territory to […]
Think you’re ready to take over the family business? Put your money where your mouth is and get some 360° feedback!
I can’t tell you how many potential successors tell me they are ready to take over the family business today. But they’re not. I should know – I was one of them. You may have many of the necessary skills, all of the excitement, and passion but be lacking a few critical skills. At any […]
A Great Way to Accelerate Potential Successor’s Development
Most business owners I work with are concerned about whether or not their adult children will be properly prepared and possess the skills and drive to run the family business. As a father myself, I know how tricky it can be to be supportive and encouraging while at the same time trying to push and […]