The Family Biz Show

Ep 33 – Planning Considerations For the Family Business   It's a great show this week! Listen in as Gerald Stack and Gary Katz discuss planning considerations for the family business. During this episode, you'll learn:     1.  The 8 questions every family business should be asking themselves.     2.  How coordinating your estate and business planning can save your family 20-40% in taxes.     3.  T...

  L isten  into this  week's  Family Biz Show   as we talk to  Mike  Sipple  Jr. And Alan  Aldworth   about the p ros and cons of running the family business for the benefit of management, rather than for the shareholders  and the risks that come with it.    During the podcast ,  we will be focused on the following:   How to u nderst and  the correlation between the quality of the board and succes...

Ep 31 -  Who, Not How, for Family Enterprises   L isten  into the Family Biz Show  as Michael discuss es  how you can have more time,  potentially  more money and bet ter relationships with  one simple  paradigm shift.     W e will cover:   Are you asking the right question when starting a new endeavor?   The fastest way to expand your capability and efficacy.   How the education system "wrongly"...

Join us as Dr. Michelle Clark and Dr. Moira Somers discuss the difficulties around family succession when the leader of the business can't let go. Learn why this happens, what to do if this is a problem in your business, and how not to become that person!   During th e  live  podcast recording , we will be focused on the following topics:   The impact of family relationships during leadership tran...

The Family Biz Show Episode 29 -  Customer & Employee Experience  For  Family Business with Joey Coleman   Li sten as best-selling author of Never Lose a Customer Again, Joey Coleman, shares why it's so important for family businesses to create an incredible customer and employee experience.  You'll learn:   Techniques to help family businesses leverage the extra trust afford them by both employee...

L isten in as  members of  The Why Inst itute  work  LIVE  with  LaVerne Sessler,  a rising 3 rd  generation  member  of  the  Sessler Companies .   What   you will learn :   This week's episode is  another  you  w on't want to miss. I have asked  Why Institute founder, Dr . Gary Sanchez and  coach  Chris Kenney  to join us  to work with LaVerne Sessler, a rising 3 rd  generation member of  the  S...

The Family Biz Show   Episode 27   A Deep Dive into the Three-Circle Model of Family Business Systems   Join us as we chat with Jay Hughes Jr. About...   What is the three-circle model and why is it so important in understanding family business systems? What are the potential consequences of ignoring the three-circle model? How should families apply the three-circle model, in terms of, governance...

We'll   talk about:   Why many family businesses DON'T have a succession plan. The most important question every family business must answer. The most critical people to lead the succession planning process may not be who you think. A new idea for creating an enduring succession plan that most family businesses should utilize.   If you're a family business or a family business consultant and want...

You'll Learn: How to give voice to the perspectives and challenges of being a non-managing shareholder of a family business?    Three (3) best practices for managing dual-role relationships between managing and non-managing family members.   Explore  3  ways to engage family shareholders without board or management roles to be constructive and  NOT disengaged and mischievous .   Learn how family g...

The Family Biz Show: Ep2 4 Boundaries Within the Family B u siness   L earn what other family businesses are doing to Grow, Communicate, Stay Agile and Continue into the Next Generation.   During this live, interactive recording of the podcast you will learn: W h at boundaries  are  and why they are important to families in business. Common myths about boundaries. 10 principles for creating and ma...

You'll Learn: What happens when the controlling generation works with/for the rising generation?   How their family business moved from a lifestyle to an equity business.   The "messiness" of a family in business together and the differences between generations.   How they got the right people in the right seats – even when it was hard.   Their keys to 25% annual growth, coming within 1% of the an...

You'll Learn: What does it mean to say that "families are emotional systems"?   What is the practical impact for family business owners and their families of understanding their families as emotional systems? How is it relevant to navigating issues such as  ownership of the business, entry into and exit from the business,  family employment policies, leadership transitions, and conflicts?   How ca...

You'll Learn:   Why having a "family-run business" versus a "family-in business" is so important.     Controls vs. roles: Understanding the difference when it comes to family, shareholders and employees when the business is held in trust.   The huge impacts of changing  what  to  why  when making decisions.    The intricacies of creating a trust in perpetuity for the family business.   What does i...

What   you will learn:     How a family business forum can help you navigate the family business.   How the family business can shape you.   Why it takes a village to run a family business.   What it's like when dad sells the business and you're still working there.   Understanding, Into and through the family business If you're a family business or a family business consultant and want to be on t...

What you'll learn:  How fear and ego stop family businesses from evolving Opportunity can actually keep  you from building value in your company    How to evolve a brand and culture without abandoning the past The transforming power of internal alignment   Clarity and consistency can lead to exponential growth   If you're a family business or a family business consultant and want to be on the show...

  I have asked Courtney Pullen to join us and work with me and my parents, Marty and Maureen Palumbos  – they hesitantly agreed .  My parents and I have  massaged and updated  their estate plan for  several  years.  At a high level the plan is for a portion of their estate to be divided among their four kids, a portion to fund a family foundation and then there is a life insurance trust  designed...

What   you will learn :   Why discussing the business or the wealth can be tougher than having the "Birds and Bees" talk and what happens if you don't.   The good, the bad, and the ugly of family conflict   How equal and equitable can be a challenge within families and the secrets to navigating them.   Who would benefit from a facilitated family meeting and why?   If you're a family business or a...

What   you'll learn :   How Isaac Heating and Air Conditioning has successfully transitioned into the third generation.   How the Daniele Family manages businesses in two very different states.   What their vision for success is when it comes to family and their employees.   What advice a third generation company would give to a second generation (G2) company with hopes of successfully transferrin...

During this  podcast you will learn:     Why it's important to understand the family's past and the values that shaped the family business.   What other family businesses are doing with their history and why you should too   How to best collaborate with advisors when combining family history ,  family dynamics, family governance, and business succession planning     CRN-5338381-120722

Is Your Buy Sell Agreement Any Good? During this episode we will be focused on the following topics:  Horror stories of buy sell agreements that failed the family and the business.   Why using valuation formulas is a fool's errand.   4 of the most significant issues with buy sell agreements, which ones are in yours?   The critical steps you must follow before signing a buy sell agreement.     Why...

How Family Philanthropy Can Strengthen your Family and Your Family Business What you'll learn:   What is effective philanthropy and why does it matter to your family and its business?   How giving can benefit the family business as well as the   causes you support?   Why "top down" philanthropy and "top down" succession planning are limited and not sustainable?   What are the top five skills the r...

Five Ways to Ensure Your Family Business Survives & Thrives Through Another COVID 19 Wave What you'll learn during this episode: What objective science and multi-sourced data are showing us right now - and what it means and why it matters to your family enterprise in the next 12-24 months.   How your own objective mindset about the virus - and depoliticizing your reference points around the virus...

Strong Families Survive Tough Times What you'll learn: Strong families major in the majors.  What are the majors? Why family meetings are a necessity and how to conduct a meaningful meeting. How to create a family entrepreneurial mindset and why most entrepreneurs fail at doing it. If you're a family business or a family business consultant and want to be on the show, share your story and help oth...

What you'll learn during this episode:   The "unfair" advantage family businesses have over non-family owned competitors   What really motivates people? Why family businesses should utilize trust as a leading KPI. The foundation you needed to increase your return on trust.   If you're a family business or a family business consultant and want to be on the show, share your story and help other fami...

Ten Critical Initiatives For Family Business Longevity During this episode, you'll learn: How do you know when it's time to grow the business, transfer it, or sell it? What business strategies need to be implemented now to ensure future family business success tomorrow ? What are the common mistakes made in managing and then transitioning family businesses to the next generation? If you're a famil...