Category: Family Businesses and Partnerships
Most people don't know how to create a successful partnership. David Gage joins Jim Blasingame to discuss the successful collaborations of partnerships when values, roles and finances are clearly defined and discussed in advance.
Partnerships are better when they're formed organically, not forced. David Gage joins Jim Blasingame to discuss why the most successful way to form a partnerships is to do it with patience and intention, not by forcing people together.
How does a business owner get paid when selling to internal purchasers? Russ Brown joins Jim Blasingame to ideas on how to structure a payout plan as part of an internal business succession transaction with managers or family.
What steps have to be taken to pass your business to the next owner? Russ Brown joins Jim Blasingame with tips and best practices on the process of grooming a member of your team to take over your small business when you’re ready to retire.
Have you made plans for divesting of your small business? Russ Brown joins Jim Blasingame to recommend that every small business owner develop an internal succession plan.
Make sure the stories you tell yourself are true. Ed Kopf joins Jim Blasingame to encourage us to make sure the stories we believe about ourselves, including the ones we tell ourselves, are true and focused on the positive.
Don't let negative stories hurt a business relationship. Ed Kopf joins Jim Blasingame to reveal how allowing the wrong kind of stories to get started and perpetuate can be detrimental to a business.
Using stories to sell your products or services is the opposite of manipulation. Ed Kopf joins Jim Blasingame to discuss the power of using stories to sell your products or services and make customers feel a part of your story.
How you deal with family employees impacts company performance? Ellen Rohr joins Jim Blasingame to the many elements of managing a family member in a small business, including when you have to fire a relative.
You're not going to live forever. Bob Kustka joins Jim Blasingame to talk about why one of the most important management steps a small business owner can take is to have a well-planned succession strategy.
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