Category: Family Businesses and Partnerships
Are you afraid to think about a succession plan? Bob Kustka joins Jim Blasingame to reveal that fear of letting go and our own mortality is a great impediment to having a succession plan in place.
Why do we lie to ourselves about important decisions we haven't made? Bob Kustka joins Jim Blasingame to reveal that making false assumptions is one of the reasons most small business owners don't have a succession plan.
Hire key employees who share your values. JJ Ramberg joins Jim Blasingame to discuss the process of finding and working with a CEO to grow the company you founded, including the importance of shared values.
“Pride goeth before destruction and a haughty spirit before a fall.” Ed Kopf joins Jim Blasingame to explain that if you feel you’ve been wronged by your business partner, it’s up to you to discuss it face-to-face.
If your business partner does something you disagree with, do you take it personally? Ed Kopf joins Jim Blasingame to discuss why partners must maintain open communication to avoid bad feelings and misinformation.
The family must be considered in the decision to start a small business. Chris Gattis joins Jim Blasingame to discuss the fantasy and reality of starting and running a small business, especially the family connection to success.
Do you and your partner have the same values and work ethic? David Gage joins Jim Blasingame to discuss why partners should discover the values - work ethic, materialism, etc. - of each other before going into business together.
The only thing harder than being a business owner is being a partner. David Gage joins Jim Blasingame to discuss the importance of establishing the DNA of your partnership in the beginning to ensure partner values are in alignment.
Your best friend may not make a great business partner. David Gage joins Jim Blasingame to discuss why good personal relationships don’t always translate into successful business partnerships.
How do you get your family to support your start-up? John Bradberry joins Jim Blasingame to discuss how to talk to your family about your vision, and possible sacrifices of resources and time, when you are starting a small business.
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