Category: Uncategorized
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3 Things Business Professionals Need to Learn from Olympic Athletes
I’ve always thought business professionals can learn so much from high-performing athletes. Here’s a quick list of three lessons you should take away from the Olympics: Where’s your mindset in regard to achieving greatness…
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5 lessons from the family business looking back 15 years later
Life doesn’t always go the way you think it will. I spent most of my childhood thinking that I would spend my entire career in our family business and hopefully someday run the family…
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How do we expect politicians to get along when we can’t get along with our own families?
The politicians have reached an impasse and have decided to allow the federal government to shut down because they can’t find common ground. Quite honestly, this sounds like some family businesses I come across. …
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Top 5 traits family business should want for the next generation
Resilience and self-reliance Life brings many challenges. One of the greatest assets a person can have is the ability to handle adversity. At the beginning of most family business stories is a story of…
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Parents: Don’t let style differences implode your succession
In case you haven’t noticed, we are all wired with different behavioral styles! Look around and you’ll see it: fast and decisive, slow and methodical, spontaneous (and lacking accountability), and consistent and conservative. See…
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Questions you should answer before leaving the family business
I can’t tell you how many times I hear frustrated family business members talking about making that final (and BIG) decision to leave the family business. I know firsthand what it feels like because…
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Ignoring poor performers in the family business can ruin your team
Ignoring poor performance can do serious harm, not only to your team, but to the player who is under performing. In the family business setting, it can often feel like you have to tell…
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Use 1 sentence to strengthen/repair family relationships this weekend
The most successful family businesses I work with have strong, healthy relationships as a foundation of their family. One of the fundamental skills we coach to maintain healthy relationships is the ability to show…
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Deliberate Practice – Competitive mindset essential for long-term success
One of the patterns that threaten many family businesses is a waning sense of urgency and competitive fire in future generations. It’s human nature. The founders fought for their survival in the early years…
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Deliberate Practice – How to Conduct a Great Family Meeting
One of my greatest joys coaching families is to see a whole family come together around a table and talk about the family business. You can see all of the hopes, dreams and history…
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Deliberate Practice – Get Real by Getting Feedback
One of the greatest disservices you can do to yourself and your team is to not be honest with yourself about how others perceive you. I know how frightening it can be to put…
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Family Business Pyramid – TRUST
Lack of trust, or mistrust, is a silent killer on most teams and in most family businesses. The problem is, as trust erodes, people don’t talk about it. People start withholding information, energy and…
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