Family business conflict creates tension and stress not only in the workplace, but at home and during the holiday gatherings. I know firsthand after working 16 years in my family business. For most people conflict brings up an automatic reaction of defensiveness and justifying their position. Taking a defensive posture is counterproductive to solving conflict. […]
Weekly Deliberate Practice: The one thing the family business leader rarely gets
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 […]
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 […]
Coach Pete’s – Best Family Business Articles of the Week
The value of outside advisors to the family business After coaching our family business clients’ Board of Directors, we encouraged them to consider adding some informal advisers to their board process. The result has been outstanding! It’s been exciting to see the family’s eyes and ears open up to some very seasoned and experienced outside […]
Family Business Landmine – Unrealistic expectations
It’s a set up for failure when people have unrealistic expectations for their family business experience. How do know what people’s expectations are unless you ask them and they can clearly articulate them? In our experience, families have all sorts of expectations for each other and the business yet they haven’t effectively discussed those expectations. […]
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