Brad & Marshall Smith with Pender-Craft

We’re joined by Brad and Marshall Smith of Pender-Craft to talk about what it looks like to step into business together: not through inheritance, but by choosing to take a risk side by side. They share how this opportunity came together, how they’ve navigated the tension between father, son, and co-owners, and what it means to build something meaningful while learning how to lead together in real time.→ Connect with Natural State Wealth AdvisorsIf you are a family business owner or small business owner looking for:Guidance on buying a business with your sonBalancing risk, faith, and responsibility togetherOR learning how to grow into leadership while working alongside your dad This conversation will give you a real, behind-the-scenes look at what that actually takes.--→ Watch this episode on YouTube00:00 Stats about Family Business1:09 Brad's journey into Pender-Craft9:00 Marshall's journey into Pender-Craft15:00 Finding a good father / son business fit19:00 Evaluating risk28:00 How roles are divided up42:30 Unique rewards & challenges52:00 Advice to fathers & sons thinking about going into business together1:00:00 Pitfalls of family business--On Cornerstone Conversations, we explore the unique dynamic of fathers and sons who work together, whether they built something from scratch or carried something forward.Our mission is to create a space for intentional conversation and storytelling around family business transitions and legacy by enabling more dads to see working with their kids as a discipleship opportunity and more sons to see working with dad as an honor, not a handout.Connect with Kile Graves or Cornerstone Coaching on LinkedInLearn more about Cornerstone Coaching at www.cornerstoneco.com