John was given a leadership and managerial role in his family’s business. He was happy to step into this position, but there was a problem. John lacked confidence in his own ability and leadership skills. Because of this, he frequently sought validation and reassurance from the family business patriarch who was his uncle. But Uncle […]
How to Create a Collaborative Team Environment in Your Family Business
From the time we are toddlers, team work is stressed daily. From playing together in a play group to Little League and group projects in school, we are expected to be a team player. It doesn’t change when we become adults and enter the professional world either as an employee or a family business manager. […]
How to Lead Your Family Business by Example
Have you ever been in a meeting full of people talking and mingling when someone walks in and quickly becomes the center of attention without saying a word? Or, better yet, someone who can persuade anyone to do what he or she may ask? These individuals are born natural leaders while others of us struggle […]
Family Business Growth Requires Individual Effectiveness
If your family business is growing, it will have a tendency to continue to grow because you’re doing things right. Conversely, a family business that is going backwards or shrinking has a tendency to continue to go backwards or shrink until acted upon by an outside force. All responsible family business managers know that unless […]
