#17 Three Generations of Rock & Roll and Raynor Doors, w/ Ray H. Neisewander III, Chairman and CEO for Raynor Worldwide, Inc

Check out https://www.DitchDiggerCEO.com/ for this week's TOP 8 Business Growth strategies and subscribe to our newsletter to download Gary’s 13 Keys to Creating a Multi-Million Dollar Business. Follow us on Instagram @DitchDiggerCEO (https://www.instagram.com/ditchdiggerceo/) for more helpful Business Growth tips. Our goal is to inspire everyone to start their own business and help you grow it to millions or even billions in value so if you feel any benefit from this episode please let us know by leaving an iTunes review, sharing this episode on social media and emailing a link to anyone you think would also find benefit here. Thank you. “A true entrepreneur is someone with an idea that hasn’t been done before.” - Ray H. Neisewander III Chairman & CEO, Raynor Garage Doors Ray H. Neisewander III currently serves as the Chairman and CEO for Raynor Worldwide, Inc. Ray's career has been committed to the family business since 1986, when he joined the Raynor Executive Management Team and Board of Directors. He has held several positions in the family's enterprises, including Raynor's Motorsports Group, KWIK-WALL division, and Holiday Inn franchise. Ray III enjoys advising and speaking on topics relevant to family business, including strategy development and execution, succession and contingency planning, governance, organizational development, compensation, and generational transitions. He has participated in conferences at the Loyola Family Business Center/Chicago, University of Chicago Booth School of Business, and Young Presidents Organization (YPO) International. Ray III resides in Dixon, with his wife, Cindy. They have five children, Brittany, Brandon, Jonathan, Jacob, and Rayuel.  3:00 How Gary met Ray 17:30 Elvis connection 23:00 How Raynor grew 30:00 How to identify the best opportunities 36:00 The biggest problem with handing off a company to the next generation 40:00 Combining culture with a third generation business 43:00 Thinking of the team as extended family 46:00 Maintaining work ethic through three generations 49:00 Avoiding the temptation of giving your kids everything 55:00 Living life to the fullest 1:01:30 The importance of faith 1:04:00 The huge advantage of a great life partner 1:06:00 Garage Mahal Connect with Gary Rabine and DDCEO: Visit the DDCEO BLOG: https://www.DitchDiggerCEO.com/ Follow DDCEO on Instagram: https://www.instagram.com/DitchDiggerCEO Like DDCEO on Facebook: https://www.facebook.com/DitchDiggerCEO Follow DDCEO on Twitter: https://twitter.com/DitchDiggerCEO Subscribe on YouTube: https://www.youtube.com/channel/UCh03Px5ez_xe_oE_iJMMNIg