EP 08: Running a Family Business with Gina Jacquart Thorsen

Gina Jacquart Thorsen is the 3rd Generation CEO and co-owner of Jacquart Fabric Products home of the Stormy Kromer brand.  In this episode we deep dive into her experiences and life lessons she learned growing up as an entrepreneur’s kid, the decision to choose to work in the family business, and how you navigate the CEO role after her father retired. We share:- The rich history of growing a small-town business into a global brand- How sometimes you have to be at the right place at the right time, be visionary, and willing to take risks which her Dad, termed “Plucky”- Her experience working with Dad on Saturdays in the family business and the life lessons that come with it. - How to transition ownership and roles in a family-owned business- The importance of communication with family members and the brilliant idea Gina came up with after her Dad retired as CEOContact Gina: https://www.linkedin.com/in/ginathorsen/https://www.stormykromer.com/------------------Connect with Jennifer Kok:Grow Your Local Business Blueprint Learn More: https://nextwavebusinesscoaching.com/Chat with Jenhttps://nextwavebusinesscoaching.com/apply-now-questionnaire/Get access to Grow Your Local Business growth tipshttps://mailchi.mp/nextwavebusinesscoaching.com/email-newsletter-sign-upMy name is Jennifer Kok, and I’m a profit and growth advisor for service-based women entrepreneurs. I help women business owners make smarter, more strategic decisions so they can grow profitably, pay themselves consistently, and avoid burnout.Because the truth is, business owners make decisions all day long, but the ones that really matter are often the hardest ones. Should I hire? Raise my prices? Invest in marketing? Let go of a draining client? Expand, or simplify?Those decisions carry weight, and they can impact your time, your profit, your energy, and your long-term growth.That’s why I created the Focused Growth Collective, a virtual mastermind for women business owners who want support making the kinds of decisions that move a business forward. Yes, we talk strategy, but we also look at the bigger picture like mental load, health, profit, and long-term sustainability.My goal is to help women build businesses that pay them well, support their lives, and still feel worth leading 10 years from now.Connect with me:Website:Facebook:Instagram:LinkedIn:YouTube: