Michael Palumbos

The Family Biz Show

Business EN ↓ 132 episodes

Join host Michael Palumbos and new guests every episode as they talk about everything from navigating family business transitions, wealth transition, business growth strategies, family conflict, leadership and team development and more. Don't forget to share your favorite episodes with others. Tag us with #thefamilybizshow! If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (f...

Author

Michael Palumbos

Category

Business

Latest episode

Jul 6, 2026

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Episodes

The #1 Mistake That Could Cost You MILLIONS When Selling Your Business | The Family Biz Show Ep. 133 06.07.2026

Ready to sell your business? What if one mistake could cost you millions before negotiations even begin? "Am I really getting the best price?" "What if my business isn't worth what I think?" "Should I accept the first offer?" "How do buyers actually value my company?" "What if I'm not as prepared as I thought?" This conversation gives you the answer. In this episode of The Family Biz Show , Michae...

Built To Last: Sustainable Success For Family-Owned Construction Businesses | The Family Biz Show Ep. 132 14.05.2026

Growth can look like success from the outside. But inside a family-owned construction business, growth can also create pressure, confusion, and decisions the original business model was never designed to handle. "You built something successful, but why does it feel harder to run?" "Why is every decision still coming back to you?" "How do you pass the business forward without damaging the family?"...

What Wealthy Parents Must Teach Their Children Early | The Family Biz Show Ep. 131 05.05.2026

If you are raising children in a wealthy family, you may wonder how to give them opportunity without taking away their drive. This conversation helps you understand what children need to learn early so wealth becomes a source of responsibility, not entitlement. "I want my kids to appreciate what they have." "I don't want comfort to make them soft." "How do I talk about money without saying too muc...

The $84 Trillion Opportunity Most Family Businesses Are Missing | The Family Biz Show Ep. 130 20.04.2026

You can build a successful business… and still lose the family along the way. Most family business transitions don't fail because of one catastrophic mistake. They fail because of small conversations that never happened. Because leadership wasn't prepared. Because expectations were never aligned. Because no one wanted to ask the hard questions. "What happens when I step away?" "What if my kids don...

The Family Business Problems Legacy Can Solve | The Family Biz Show Ep. 129 30.03.2026

Most conversations about family business problems focus on what's broken—conflict between generations, lack of succession clarity, or stalled growth. But what if many family business problems aren't caused by dysfunction at all? What if they're caused by something far less obvious—and far more fixable? In this episode of The Family Biz Show, Michael Palumbos sits down with second-generation owner...

Common Mistakes During Family Business Estate Planning | The Family Biz Show Ep. 128 28.02.2026

What if the biggest threat to your family business legacy isn't taxes, markets, or competition… but the way your estate plan was designed? This episode challenges one of the most accepted beliefs in family wealth: that family businesses inevitably fail by the third generation. "Why does it feel harder to talk about wealth with my kids than it does to build the business?" "How do I prepare the next...

How to Grow a Family Business Without Breaking The Family | The Family Biz Show Ep. 127 13.02.2026

What if you could grow your family business without losing the relationships that matter most? Too many family businesses succeed financially while quietly falling apart personally. This episode explores how to avoid that. "I feel like the business is creating distance in my family." "Growth is bringing more pressure and conflict." "How do we scale without losing trust?" "I don't want success to c...

Family Business Governance That Actually Works Across Three Generations | The Family Biz Show Ep. 126 31.01.2026

What if family business governance was less about formal rules—and more about having the right conversations before things break? If you work with family, you know the tension can feel personal fast. "Why does a small disagreement turn into something bigger?" "How do we keep family roles and business roles clear?" "What happens when the next generation wants to grow differently?" "How do we honor...

What Makes a Family Business Last Across Generations | The Family Biz Show Ep. 125 20.01.2026

What actually keeps a family business alive across generations? And how do you protect both the business… and the family relationships that come with it? "Why does succession feel so complicated?" "How do you prepare your kids without creating entitlement?" "What happens when family dynamics start affecting business decisions?" "How do you know if the next generation truly wants this life?" This c...

Why Brand Can Make or Break Family Business Succession & Legacy | The Family Biz Show Ep. 124 31.12.2025

What if the biggest threat to your family business succession isn't leadership… but your brand? What if the trust your family spent decades building disappears the moment leadership changes? "Why do customers only trust the founder?" "What happens when the next generation takes over?" "How do we protect our reputation across generations?" "What if our culture exists only in people's heads?" "Can a...

Passing On the Family Business—Without Passing It Down | A Father-Daughter Story | The Family Biz Show Ep. 123 21.12.2025

What if the greatest way to protect your family business… was not passing it down at all? What happens when the next generation chooses family, balance, and a different future instead of the CEO seat? "I don't know if I can do this." "What if selling the company is the right decision?" "How do we preserve our family relationships through a major transition?" "What happens to employees when a famil...

From Basement Startup to Legacy : A Family CRM Succession | The Family Biz Show Ep. 122 02.12.2025

What if taking over the family business is not just about stepping in — but being trusted enough to truly lead? "I know I can do more, but it's not mine yet." "How do I honor what was built without staying stuck in it?" "What happens when the founder is ready to retire, but the business still has room to grow?" "This conversation gives you the answer." In this episode, you'll hear how Sarah and Ke...

How Families Can Reduce Legacy Risk Beyond Money | The Family Biz Show Ep. 121 06.11.2025

Most families think protecting wealth is enough. But what if the real risk to your legacy has nothing to do with money? What if the biggest threat is silence, lack of preparation, or disconnected generations? "I don't know how to involve my kids in these conversations." "What if our family relationships change after wealth transfer?" "How do we prepare the next generation without creating entitlem...

Passing the Hard Hat: Succession Planning Lessons for Family Construction Businesses | The Family Biz Show Episode 120 06.10.2025

What happens when the founder of the family business is no longer the one making every decision? And what does it really take to prepare the next generation to lead successfully? "I built this company from nothing… how do I let go?" "What if the next generation wants to run the business differently?" "How do we grow without losing control?" "Why does succession planning feel so emotional?" This co...

The Legal Strategy That Saved a Family Business Transition | The Family Biz Show Ep 119 15.08.2025

What happens when family business partners stop sharing the same vision? And what actually saves the business when leadership conflict starts growing behind the scenes? If you've ever worried about succession, ownership transition, or communication breakdowns inside a family business… this episode will hit home. "I don't know if we're aligned anymore." "What happens if the next generation wants so...

What Family Businesses Can Learn from Dairy Cooperatives | Family Biz Show Ep. 118 09.07.2025

What if the biggest lessons in leadership, innovation, and succession planning were coming from family farms? This episode reveals how traditional businesses can evolve without losing the values that made them successful in the first place. "Are we adapting fast enough?" "How do you modernize a family business without breaking the culture?" "What happens when the next generation wants change?" "Ho...

From Farmland to Family Office: Lessons in Legacy and Reinvention | The Family Biz Show Ep. 117 29.06.2025

You don't build a lasting legacy by accident. You build it through stewardship, hard conversations, reinvention, and the willingness to think beyond yourself. But that's easier said than done. "Will the next generation be ready?" "How do we protect the family without losing the business?" "What happens when the legacy business no longer serves the future?" "How do you grow without losing family un...

Building a Family Office That Lasts: Wealth, Legacy & Leadership | The Family Biz Show Ep. 116 04.06.2025

Building wealth is one thing. Keeping it, protecting it, and giving it lasting purpose is something else entirely. "What happens after we sell the business?" "Who should manage the wealth?" "How do we keep the family aligned?" "What kind of legacy are we really building?" This conversation gives you the answer. In this episode, you'll hear why a family office is not just a place to park wealth aft...

Transforming Leadership with Generative Listening | The Family Biz Show Ep. 115 19.05.2025

What if the leadership breakthrough your business needs starts with listening differently? What if better conversations could completely transform your family business, your leadership team, and your future? "I feel like my team isn't fully engaged." "We keep having the same conversations over and over." "I know succession matters… but I don't know how to let go." "I want the next generation to le...

Growing a Family Manufacturing Business | The Family Biz Show Ep. 114 07.05.2025

You built the business to create freedom… So why does growth sometimes feel like losing control? Why does scaling create more pressure, more complexity, and more uncertainty? "Why does every decision still feel like it all depends on me?" "How do I grow without breaking the culture?" "What happens if the wrong hire sets us back years?" "Can a family business really scale without losing what made i...

From Childhood Filmmakers to Family Legacy Storytellers | The Family Biz Show Ep. 113 24.04.2025

What if the most valuable thing your family business could pass down isn't money… but the story behind it? What if future generations could hear the voices, values, struggles, and lessons that built your family's legacy? "Will our story be forgotten?" "Do the next generation really understand what it took to build this?" "How do we preserve more than just the business?" "What happens when family h...

When Does a Family Business Need a Family Office? | The Family Biz Show Ep. 112 11.04.2025

You've built something valuable. Now the question is: how do you protect the wealth, the family, and the legacy behind it? "Do we need a family office?" "Are we too complex for our current advisors?" "How do we prepare the next generation?" "What happens when wealth, business, family, and legacy all collide?" This conversation gives you the answer. In this episode, Peter Moustakerski of Family Off...

How Three Generations Built a Thriving Tile Business | The Family Biz Show Ep. 111 31.03.2025

What does it take to build a business that lasts for generations? Not years. Not decades. Generations. Have you ever wondered: "Will the next generation want to join the business?" "How do we pass leadership without losing momentum?" "Can a family business continue growing while staying true to its roots?" "What separates businesses that survive from those that disappear?" This conversation offers...

Leadership Tensions in Family-Owned Businesses | The Family Biz Show Ep. 110 25.03.2025

Leadership in a family business isn't just about making decisions. It's about navigating the tension between what's best for the business and what's best for the people you love. Have you ever found yourself thinking: "Why does every family business decision feel so personal?" "Why do we keep having the same arguments over and over?" "How do I balance fairness with performance?" "What if we're bot...

Buying a Family Business Without Losing Its Legacy | Family Biz Show Ep. 109 13.03.2025

What if buying a family business wasn't about changing everything—but protecting what matters most? What if the key to growing a company was honoring its legacy while building its future? "I know I need a succession plan, but where do I start?" "My business depends too much on me." "I want to retire someday, but I don't know if my company is ready." "What happens if there isn't a family member to...

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