Ep: 83 - Life Lessons Learned Late in Family and Business Leadership
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In this episode, I dive deep into the realities of running multiple businesses with my family. We share the lessons that caught us off guard, like discovering the importance of formal leadership after decades on the job, and the eye-opening impact of revamping our cash flow thanks to the "Profit First" approach. We talk about adapting to new roles, learning what real respect looks like across generations, and figuring out where the line is between helpful guidance and meddling when the family business changes hands.
I also open up about the challenge and value of keeping availability at the forefront, even when authority shifts. You’ll hear our candid stories about buying businesses, dealing with previous owners, and how transitions in business don’t always need to be abrupt. Whether you’re managing a family business or just curious about how we keep things running smoothly, you’ll find insights, laughs, and plenty of practical takeaways in this episode.
Got a story to share or a question you'd like answered in a future episode? Email Brian at brian@mixingfamilyandbusiness.com.
Make sure to check out our website to learn more!