EPISODE · Jan 20, 2022 · 1H 15M
Building a Multi-Generational Family Business That Thrives Through Transition | The Family Biz Show Ep. 49
from The Family Biz Show · host Brought to you by Family, Wealth & Legacy in Rochester, NY
What if your family business can't support the next generation… but you still expect it to? "Can this business really support all of us?" "Are we growing… or just stretching things too thin?" "Who's actually in charge here?" "What happens when the next generation steps in?" "Are we building something sustainable—or heading for conflict?" This conversation gives you the answer. Growing a family business across generations isn't just about revenue—it's about structure, alignment, and hard decisions. In this episode, you'll hear how the Sessler family faced the reality that their original business model couldn't support a growing number of family members. Instead of forcing the old model to work, they reimagined the business—building new companies, redefining roles, and creating a path for long-term sustainability. Jane Shaffer is the President of Sessler Excavating and Wrecking, a leading demolition company known for complex infrastructure projects. Brian Sessler is the President of Sessler Environmental Services, a fast-growing division built to expand the family's capabilities and future growth. Together, they represent multiple generations of leadership within the Sessler Companies—a family enterprise that now supports over 100 families. The biggest challenge in a multi-generational family business isn't just succession—it's scalability. What worked for one generation often can't sustain the next. The Sesslers recognized this early and made strategic decisions to diversify, innovate, and build new revenue streams that aligned with both business needs and family dynamics. This episode gives you a clear, real-world look at how to approach succession planning, develop next-generation leaders, and structure your business for long-term growth. You'll walk away with practical insights you can apply immediately—whether you're preparing for transition or already in the middle of it. Including the mindset shift that changed everything: "What fed three families can't feed eight." In This Episode, You'll Learn: Why your current business model may not support the next generation How to scale a family business without creating internal conflict Why succession planning must start earlier than you think How to prepare next-generation leaders the right way Why diversification is critical for multi-generational growth How to use advisors effectively during transition planning You don't have to choose between family harmony and business growth. With the right structure, communication, and long-term thinking, you can build a business that supports both—now and for generations to come.
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Building a Multi-Generational Family Business That Thrives Through Transition | The Family Biz Show Ep. 49
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