Tag: family business coaching
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Winning in the family business – getting real with your sibling about performance and job duties
I can’t tell you how many times in the family business I see people comfortably settling in to certain roles and responsibilities based upon their own needs not the needs of the business. Take…
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Losing in the family business – be right but have no team
Many of the family business entrepreneurs we work with are very strong minded individuals who have had a lot of success in the business. Their success further strengthens their position that their way is…
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Cousin Thinks He is the Star; Employees Think He’s Average at Best.
It’s not that uncommon for us to come across family members in family businesses that have an unrealistic sense of their abilities and impact. However, this can have a detrimental effect on the business…
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4 reasons and ways to practice acceptance with mom and dad in the family business
Working in your family business with your mother and father sometimes feel like a prison sentence with no sign of parole anytime in the near future! I know I spent 16 years doing time…
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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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From Suffering to Celebrating in Your Family Business
It’s amazing the physical energy we take up on our families. In or out of a family business – our family members can frustrate us like nobody else can! Why is that? These should…
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Create camaraderie in your family business
Don’t under estimate the power of friendship and fellowship in the family business. When I asked a family group what they wanted, Jeff, one of the brothers, said, “Camaraderie.” It turned out to be…
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Equal pay in a family business?
Nothing creates heartburn and heartache quicker than realizing you’re working 50 percent harder and producing more results, yet getting paid the same as the family member next to you! One of the common problems I…
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Should I Join the Family Business?
The decision of whether or not to join your family business could be one of the biggest decisions of your life! The problem is, so often, people either get caught up in the emotions…
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Stop Competing! (Against Your Siblings)
One of the most counterproductive behaviors I see in family businesses is siblings still trying to compete with each other as adults in the business. They are trying to resolve the challenges they had…
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Waiting Room Hell – Family Business Succession
One of the most common frustrations in a family business can be the question of succession. When will it happen? How will the decision be made? For next generation leaders it can be like…
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Sometimes leaving the family business is the best answer
I see many family business participants struggling to find both personal and family peace. They get so enmeshed in their family history and dynamics all of which becomes almost like a straight jacket in…
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