Most of the family leaders I meet know that SOMEDAY they will transfer ownership of the business over to the next generation. What they may not consider is the importance of WHEN that happens. Here are three important considerations family business owners should keep in mind: Did you forget what it felt like to want […]
8 Questions to Ask Dad This Father’s Day
Every year I encourage you to be brave, have some fun, and have a conversation with Dad like it might be your last and most important conversation with him. This last year has been interesting, if anything. Seriously. Without even getting into a big dialogue or debate about the pandemic, my wife and I both […]
Ask for What You Want in Your Family Business
Life is a series of negotiations. One of the keys to happiness is to learn how to: Determine what works for you Ask others to help you get what you want Understand when you’ll be flexible and when you won’t Be willing to take a stand and make brave choices Be at peace – hold […]
5 Sibling Rivalry Dos and Don’ts
Sibling rivalry runs deep. I was returning from a family business coaching engagement at the airport two years ago. A three-year-old was sitting in his stroller and the five-year-old sibling came over to push the stroller to help Mom and Dad. The three-year-old had an instant, hysterical reaction to the fact that his older sibling […]
First Quarter Review for Your Family Business
Sports continues to show us a recipe for success. Great teams rehearse, practice, play and then evaluate their performance. One of the most popular ways to assess recent performance is to “review the game film.” In other words, sit and watch the game over again as a group. Watch for good execution and breakdowns. I’ve […]
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