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-upMeet Your Host:Jennifer Kok, Profit and Growth advisor for service-based women entrepreneurs. Women Entrepreneurs hire me to scale and grow their businesses profitably without burnout. I bring financial clarity, strategic focus and structure to the decision-making process. 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?My clients, on average, see anywhere between $1k-$4k increase in net income each month without hustle, overwhelm, and burnout.Learn More about my Programs.Get your copy of Make Waves: How Women Entrepreneurs Stop Reacting. Start Profiting and Build a Business That Lasts. Connect with me:Website:Facebook:Instagram:LinkedIn:YouTube: