Family Business Today

<figure class=" sqs-block-image-figure intrinsic " > Episode 101: Building Stronger Family Businesses Through Entrepreneurial Thinking TNCFB Our guest today is Lisa Ascolese, Founder and CEO of Inventing A to Z. Lisa is an&nbsp;inventor, entrepreneur, mother, grandmother, and the founder of several ventures, including Inventing A to Z, a product development company, and&nbsp;Inventors Spotlight TV, a shopping network designed to help inventors&nbsp;showcase&nbsp;their brands and sell their products.&nbsp;Lisa is also the host of&nbsp;The&nbsp;Inventress&nbsp;Podcast, where she offers invaluable insights into inventing, entrepreneurship, and the challenges and triumphs of building a business. She recently became a published author with her book&nbsp;The&nbsp;Inventress’s&nbsp;Guide to Inventing the Right Way: All or Nothing, Now or Never!&nbsp;and has been featured on&nbsp;ABC 7 NY&nbsp;Here and Now&nbsp;with Sandra Bookman to discuss her journey as an inventor and business leader. She has also come out with another book,&nbsp;My Favorite Book of Lullabies, a children's lullaby book with interactive QR codes to have the lullabies play along with the book as the adult reads/sings with Lisa.&nbsp;&nbsp;In addition to her entrepreneurial ventures, Lisa is passionate about empowering women. Lisa is the founder of a nonprofit organization about empowering women called AOWIE, The Association of Women Inventors and Entrepreneurs. She hosts the annual&nbsp;AOWIE Women’s Empowerment Conference, which brings together entrepreneurs for learning, networking, and growth.&nbsp;In this episode of Family Business Today, you will learn:What pushed Lisa to begin her inventing journeyWhat resilience and consistency looked like for Lisa as she built her businessHow she came up with her slogan: “Lifting Each Other Up Two Hands at a Time and Sometimes You Need a Foot”Lisa’s advice for second- and third-generation family businesses when things get hardWhat Lisa has learned about how to be successful as an entrepreneurAnd more….To learn more about Lisa, her business Inventing A to Z, or any of her books, visit https://inventingatoz.com/. &nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 100: Creating a Culture of Generosity in Your Family Business with Jeff Rutt TNCFB Our guest today is Jeff Rutt, CEO and Founder of Keystone Custom Homes, a Pennsylvania-based home building company that has built over 8000 homes. Early in Jeff’s career, God got Jeff’s attention in the area of generosity.It wasn’t long after starting Keystone that Jeff launched Hope International. Since its inception, HOPE has provided more than $1.5 billion dollars to more than 2.5 million small business owners across 24 countries in the form of microfinance loans in order to empower them to break their own cycle of poverty with the gifts that God gave them.Over the years, Jeff has used profits from Keystone to fuel Hope’s mission. However, Jeff and his family have taken another step further by giving away 89% of the ownership of Keystone through the National Christian Foundation. In this episode of Family Business Today, you will learn:Why it is important to create social value alongside financial returns in your family businessWhat the impact of Hope’s microfinancing initiative has been around the worldAnswers to the key questions a business owner should ask before starting a social enterprise initiative in their businessHow you can practice significant generosity in your business and continue their legacy by transitioning ownership to the next generationAdvice for family business owners who might consider giving away their business as part of their transition planAnd more….To learn more about Jeff Rutt and Keystone Custom Homes, visit their website at www.keystonecustomhomes.com. To learn more about or partner with Hope International, visit www.hopeinternational.org.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 99: What They Don't Tell You about Taking Over the Family Business TNCFB Our guest today is Eric Corliss. Eric Corliss is the fifth-generation steward of Corliss Management Group (CMG), a private real estate development and investment firm with deep roots in Washington State. Alongside his brother Steve, Eric has guided CMG’s evolution from its historic foundations in aggregates and sand and gravel into a contemporary enterprise emphasizing long-term real estate value, private lending, and strategic land development. Building upon the family’s existing foundation of over 2,000 acres across Pierce and King Counties, Eric has focused on enhancing operations, expanding the firm’s impact, and thoughtfully developing assets such as the 1,300-acre Sunrise master-planned community, along with multifamily, self-storage, commercial, and industrial properties.&nbsp;Eric combines hands-on operational expertise in finance, construction, and private lending with a deep commitment to multi-generational stewardship. His approach merges practical execution with visionary planning, fostering sustainable growth for the family enterprise. Additionally, Eric serves as Co-Principal of 1892 Capital Partners, CMG’s private lending arm, aligning flexible capital solutions with seasoned real estate professionals. Beyond his professional responsibilities, Eric is dedicated to his role as a husband and father of three daughters. An avid outdoorsman, he enjoys trail running and mountain biking with his family.&nbsp;In this episode of Family Business Today, you will learn: The ways to carry the weight of legacy, while still moving forward and evolvingHis experience with succession and what he would do differentlyHow he and his brother share leadership of their family businessHow stewardship and succession planning are linkedThe myths surrounding being a fifth-generation business and the importance of communication and family cultureAnd more… To learn more about Eric and Corliss Management Group visit https://www.corlissco.com/. At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 98: Building a Sellable Business Even if You are Not Selling It Yet with Tyson Ray TNCFB Our guest today is Tyson Ray. After nearly three decades building a successful financial advisory practice, Tyson thought he had it all figured out—until his 50th birthday reality check revealed his own succession plan was not what he thought it was.That moment of brutal honesty sparked the question: “If I wasn’t prepared, how many other advisors are walking around with the same blind spot?”The answer led to his book Total Succession, his SPACE™ framework (See, Prepare, Act, Commit, Exit), and The Total Succession podcast, where he helps financial advisors exit their businesses with clarity, confidence, and no regrets.In this episode of Family Business Today, you will learn: Why focusing on business sellability can improve the day-to-day and the future of a family businessThe mistakes family businesses make that unintentionally make their business harder to sellThat sellability is about more than just the family business owner’s financial outcome and can help protect employees, clients, and family membersThe reasons family business owners often build businesses that can’t function without themThe signs to watch out for that a family business isn’t as sellable as owners assumedAnd more… To learn more about Tyson and his business, visit https://totalsuccession.com/. At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 97: How Inherited Trauma Shapes Financial Decision-Making in Family Businesses TNCFB Our guest today is Ruschelle Khanna. Ruschelle is a Chief Wellness &amp; Emotions Officer for families navigating the emotional and relational complexities of wealth, succession, and intergenerational legacy. She works with parents, adult children, and family systems to improve communication, heal inherited patterns, and support healthier leadership transitions. Through her private Family Alignment engagements, Ruschelle helps families move from tension and avoidance to clarity, trust, and shared direction. Her work is discreet, non-pathologizing, and designed to complement financial, legal, and advisory structures.She is the author of&nbsp;Inherited Trauma and Family Wealth, a book exploring how unspoken emotional dynamics, family history, and identity shape financial decision-making and succession outcomes.&nbsp;Ruschelle is also the co-founder of the Ancestral Healing Center.In this episode of Family Business Today, you will learn: Why family business members find it difficult to discuss moneyWhen is the best time to start the transition planning conversationThe signs that a family is reacting from inherited stress rather than responding from shared valuesHow high-stress moments for family businesses can cause inherited patterns, bad or good, to surface and replayMore about Ruschelle’s book and other resources for family business members who recognize old patterns affecting their family’s business decisionsAnd more… To learn more about Ruschelle and her business, visit https://www.lifestyleforlegacy.com/. At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 96: High Performance Motors with Christophe Cloitre, Ashland Electric Products TNCFB Our guest today is Christophe Cloitre. Christophe is the President of Ashland Electric Products located in Rochester, New Hampshire. Ashland Electric was founded in 1953 as an original equipment manufacturer of high-performance motors, fans and blowers for the aerospace, medical, transportation and military markets. Ashland was purchased by the Cloitre Family in 1985.Christophe has run the family business for the past 10 years. He has worked in the family business for 40 years in a variety of roles. He is active in his community promoting the trades as a viable career path and a debt free alternative for secondary and post-secondary education.Christophe is a member of a CEO Peer Group at the University of New Hampshire Center for Family Enterprise. He lives in Dover, NH with his wife, Malone, and their animals. He enjoys sailing, surfing, traveling and landscaping in his free time.In this episode of Family Business Today, you will learn: How specializing and staying nimble in the face of changing demand has led to the longevity of Ashland Electric ProductsHow Christophe has spent 40 years in his family’s business, from summers spent cleaning to his role as president of the businessChristophe’s personal experience with transitioning into the president’s role of his family’s businessHow peer groups of other family business owners and CEOs have supported Christophe through the nuts and bolts details of running a family businessThe advice Christophe has for the Next Gen who are preparing to take over their family businessAnd more… To learn more about Christophe and his family business Ashland Electric Products, Inc., visit www.ashlandelectric.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 95: Southern Hospitality in a Bottle with Morgan Weinstock and Jackson Wetherington TNCFB Our guests today are Morgan Weinstock and Jackson Wetherington. Morgan is a founding member and the driving force behind the marketing strategy at Jackson Morgan Southern Cream. With over a decade of experience in the spirits industry, Morgan brings a unique blend of innovative creativity and familiarity to Jackson Morgan, a family-owned and operated business established in the small town of Fayetteville, Tennessee. Morgan's journey into the spirits industry was a natural progression from her background in luxury event planning and hospitality. In her current role, Morgan handles a wide range of responsibilities, including overseeing the overall marketing strategy, coordinating paid media, directing photoshoots, managing events, and fostering brand partnerships.Jackson is the operations director for Jackson Morgan Southern Cream, a role he officially took on in June 2022 after years of part-time involvement with the company since its inception. Jackson’s journey into the industry was influenced by his upbringing near Jack Daniel’s distillery, the rising popularity of flavored spirits, and the feeling of family connection that led to the creation of Jackson Morgan Southern Cream. In addition to overseeing demand forecasting, production scheduling, and vendor management, Jackson also contributes to marketing efforts and new product launches.&nbsp;&nbsp;In this episode of Family Business Today, you will learn: How their business has evolved since Alfred Wetherington's whiskey still in 1921.What it is like to co-lead their family business with a sibling and how they worked together to carve out their individual roles.How Morgan Southern Cream encourages people to slow down and truly connect with one anotherWhat slowing down looks like in their own lives and how that helps them connect with their customersHow clear boundaries, open communication, and outside voices help navigate their business in making family and business decisionsAnd more… To learn more about our guests and their business, visit https://sipjacksonmorgan.com/. At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 94: How an Independent Board of Directors and a Non-Family CEO Helped this Family Business G TNCFB Our guest today is Matt Nielsen. Matt is a third-generation steward, director and shareholder for their family-owned Nielsen-Massey enterprises.He currently operates as the Strategic Advisor for Corporate Development, overseeing the companies’ inorganic growth strategies via acquisition and investment. Over Matt's 30+ years engaged in the family business, he also has had responsibility at one time or another for the company’s worldwide operations, retail &amp; food service sales, strategic initiatives, and European business unit.In addition to serving on the Nielsen-Massey board of directors, he is currently the Director for family-owned Graziano Brothers, a 4th generation producer of specialty sausage products, specialty retailer and wholesaler; Director for Family Enterprise USA; Vice President – Treasurer and Director of the Nielsen-Massey Foundation; Executive in Residence, Mentor and Panelist in Kellogg’s John L. Ward Center for Family Enterprises.Matt graduated from Gettysburg College in Gettysburg, Pennsylvania and holds two Certificates of Professional Achievement in Family Business Leadership and Governance from Northwestern University’s Kellogg School of Management, Evanston, Illinois.In this episode of Family Business Today, you will learn: Which Nielsen Massey product Greg uses often when cooking breakfast for his familyHow Nielsen Massey’s governance structure has changed over timeThe process Matt’s family followed in forming an independent boardHow the family recruited for and chose a non-family CEOThe role of a Family Shareholder DirectorWhy Matt works with family business centers oftenAnd more… To learn more about the Nielsen family and Nielsen Massey Vanillas, visit https://nielsenmassey.com/. &nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.

<figure class=" sqs-block-image-figure intrinsic " > Episode 93: How a NextGen Prepares for Leadership in His Family Business with JC Carr, World Emblem, TNCFB Our guest today is JC Carr. JC serves as Territory Account Manager at World Emblem, a global manufacturing leader, and CEO of Whips Miami, an exotic car brokerage business he founded while attending the University of Alabama where he has a degree in Business Administration and HR Law. He has gained comprehensive operational experience across manufacturing facilities in Mexico, Houston, and Atlanta. JC leads company-wide philanthropy initiatives at World Emblem and leverages his 120K+ social media followers to bridge traditional manufacturing with digital innovation. A member of the YPO Next-Gen Forum in South Florida, he brings fresh perspectives through modern technology and progressive approaches, helping transform the manufacturing industry for the next generation. In this episode of Family Business Today, you will learn: How World Emblem has thrived as the global economy has changed What prepared JC for his involvement in his family’s business The questions Next Gen leaders should ask before joining their family businessHow JC’s success on social media has led to important questions about how to connect manufacturing products to the digital worldThe ways World Emblem has given backAnd more… To learn more about JC or his family business, visit https://www.worldemblem.com/. &nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 92: Learn to Live, Speak and Lead from the Brand You Were Born With TNCFB Our guests today are Kati and Alex Pauls. Kati and Alex are the visionary duo behind KP Design — a transformational branding studio that helps entrepreneurs uncover what’s true and build what’s needed to carry it forward. Blending soul and strategy, they guide clients through identity work, messaging clarity, and aligned design. Together with their oldest daughter, they’re building a family-led creative legacy rooted in truth, beauty, and resonance — and shaping the future of branding in the age of AI.&nbsp;In this episode of Family Business Today, you will learn: The steps family businesses can take to get to the core of who they areThe most common mistakes businesses make with brandingHow family businesses can use AI in branding their businessThe first thing family business owners should do as they pivot or transition from their businessHow to know if a family business has outgrown its brand and what to do nextAnd more… To learn more about the Paul’s family and their business, visit https://kpdesign.ca/. &nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE&nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 91: Two Sisters Committed to Helping Women Live Their Life on Their Own Terms TNCFB Our guests today are Dr. Flora Waples and her sister, Dominique Waples-Trefil. These powerhouse sisters founded RESTOR medical Spa in 2011 in the Denver area. Dr. Flora Waples is a board-certified physician with degrees from the University of Chicago and Cornell Medical School at Weill Cornell Medical College. Dr. Waples completed her residency in Emergency Medicine and Trauma Care at the University of Chicago.RESTOR Medical Spa fulfilled her dream of providing a complete wellness and aesthetics practice that helps patients feel as good as they look and look as good as they feel.Today Dr. Waples practices cutting-edge aesthetic, regenerative, and longevity medicine at RESTOR Medical Spa, teaches at RESTOR Academy, and works full time as the Medical Director at RESTOR Medical Spa.In this episode of Family Business Today, you will learn: How the sisters’ previous experience prepared them to successfully start their businessThe importance of having very clear roles and living in community when you work every day with familyThe tools for how to handle disagreements with family membersThe sisters’ advice to siblings thinking of going into business togetherThe importance of owners of family businesses having difficult conversations about prioritiesAnd more… To learn more about their business RESTOR Medical Spa, visit their website at https://www.restormedicalspa.com/. At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 90: Growing Vidalia Onions is a RealSweet ® Family Business with John Shuman TNCFB Our guest today is John Shuman. John is the President and CEO of Shuman Farms, a leading grower and shipper of sweet onions based in Reidsville, Georgia. Raised in a farming family, John left college in 1993, just two classes shy of completing his business degree at Georgia Southern University, to assist with the family farm during a challenging period. The farm was struggling due to the lingering effects of the 1980s Farm Crisis, which had caused high interest rates and significant debt for many farmers, including the Shuman family.&nbsp; In the late 1990s, John Shuman revitalized the family farm, establishing Shuman Farms, which has grown into one of the largest growers and shippers of sweet onions in North America. The company is renowned for its RealSweet® brand, introduced in 2001, which has become widely recognized in the produce industry.&nbsp; Under John's leadership, Shuman Farms has emphasized community involvement and philanthropy. In 2002, he founded the Healthy Family Project®, a cause-marketing organization dedicated to creating a healthier generation and giving back to families across the country. Since its inception, the project has raised more than $7.5 million for families and children in need.&nbsp; John's contributions to the agricultural industry have been widely recognized. In 2020, he was named Grower of the Year by the Vidalia Onion Committee, honoring his more than 25 years of service to the industry.&nbsp; Through his commitment to quality, innovation, and community, John Shuman has significantly impacted the sweet onion industry and continues to lead Shuman Farms with a focus on excellence and social responsibility.&nbsp;In this episode of Family Business Today, you will learn: Lessons John learned from his dad, Buck, by watching how he handled adversityHow his leadership style has evolved as the company has grown from a regional to an international enterpriseThe importance of education initiatives and the family’s sister company Healthy Family Project in being a positive part of the communityHow Shuman Farms operates as a “service-first” organization in the day-to-dayHow the Shuman family is bringing in the next generation and getting them “into the front seat” of the family businessAnd more… To learn more about John or his family business Shuman Farms, visit their website at https://www.shumanfarmsga.com/. &nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 89: Care for Visionaries in a Family Business with Jaime White TNCFB Our guest today is Jaime White. Jaime is a strategist, speaker, and co-founder of Believe Crew, where she’s pioneering a model called SoulCare for Visionaries™—designed to help entrepreneurs and family business leaders expand without burnout. After two decades working inside her family business and raising six children, Jaime stepped into a new chapter—moving her family to Mexico, co-creating a healing and advisory collective, and redefining success on her own terms.Jaime is known for asking the questions that shift everything, blending deep clarity with spiritual and strategic alignment in every conversation. In this episode of Family Business Today, you will learn: How Jaime knew it was time to exit her family businessHow her perspective was changed with her family’s bold move to MexicoHow she and her husband help family business visionaries break free from fearCommon challenges when the next-gen is ready to grow, but the founder is holding tight to the reinsThe evolving role of women in family businessesAnd more… To learn more about Jaime White or Believe Crew, visit https://www.believecrew.com/. At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 88: Getting Acquainted with Mergers and Acquisitions with Rick Calabrese TNCFB Our guest today is Rick Calabrese. Rick is a licensed attorney and CPA in the Commonwealth of Pennsylvania, and also has a Masters of Law in Taxation from Villanova University, School of Law. Prior to law school, Rick obtained a B.S. in Business Administration from the University of Pittsburgh. After graduating, Rick worked at “Big 4” accounting firm, PricewaterhouseCoopers LLP prior to engaging in the active practice of law primarily in the fields of tax, corporate-business, M&amp;A and commercial real estate at suburban Philadelphia based law firms.During his time practicing law (which he still does part-time), Rick handled multi-million dollar transactions for small to medium sized businesses. While many other clients may have to use multiple advisors on a given transaction, Rick used his unique and specialized tax, business, M&amp;A and CPA background to assist clients through the entire process, from initial planning, structuring, drafting purchase agreements, and closing.In this episode of Family Business Today, you will learn: How experience in his family’s business shaped Rick’s decision to pursue lawUpdated M&amp;A strategies that could help family business ownersThe most common mistakes for family business owners when exploring a sale or transitionWhat family business owners can do if they don’t have a ready successorWhat makes a family business attractive to potential buyers in today’s business climateAnd more… To learn more about Rick and his company Commonwealth M&amp;A, visit https://commonwealthmna.com/ . At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 87: Preserving Your Family Business through an Employee Stock Ownership Plan (ESOP) TNCFB Our guest today is Kelly O. Finnell, J.D., CLU, AIF®. Kelly is one of the nation’s premier ESOP consultants, having spent more than 40 years helping business owners design and execute ESOPs. Kelly is one of the most sought-after speakers about ESOPs, with experience presenting at more than 300 conferences and meetings throughout the U.S. and abroad in London and Sydney.&nbsp;&nbsp;An accomplished writer, Kelly wrote the preeminent ESOP book, The ESOP Coach: Using ESOPS in Ownership Succession Planning in 2010 and this work remains the most comprehensive guide to ESOPs today. Kelly has also published dozens of articles on the use of ESOPs in Ownership Succession Planning,&nbsp;&nbsp;An active member of the National Center for Employee Ownership (NCEO) and The ESOP Association, Kelly is a consistent pillar of leadership in the ESOP community. Kelly has also served in leadership roles in numerous professional and community activities, including President of the Memphis Chapter of the Society of Financial Services Professionals, Vestry Member and Treasurer of his church, President of Family Services of Memphis, as a member of the Board of Directors of Renasant Bank and the Economic Club of Memphis and on the Dean’s Advisory Council at the Christian Brothers University School of Business.&nbsp;&nbsp;Kelly graduated magna cum laude from the University of Memphis and from the Cecil C. Humphreys School of Law. He earned the Accredited Investment Fiduciary professional designation, awarded by the Center for Fiduciary Studies at the University of Pittsburgh.&nbsp;In this episode of Family Business Today, you will learn:&nbsp;&nbsp;Why an ESOP is an important option for family businessesInsights into the pros and cons of developing an ESOP for your family business&nbsp;The misconceptions surrounding ESOPs and the family’s ownership of their business&nbsp;How ESOPs impact key employees and company culture&nbsp;The factors that contribute to the long-term success of an ESOP for a family business&nbsp;And more…&nbsp;&nbsp;To learn more about Kelly, his book, or his company Execfin, visit https://execfin.com/.&nbsp;&nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.&nbsp;If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant.&nbsp;&nbsp;Until next time, There’s No Business Like a Family Business…. We Know!&nbsp;

<figure class=" sqs-block-image-figure intrinsic " > Episode 86: How Pivoting a Family Business Can Lead to Long-Term Success with Ben Hertzman TNCFB Our guest today is Ben Hertzman. Ben is the president of Progress Luv 2 Pak, a family led packaging company with over a century of history.Founded in 1917, the company has grown from manufacturing hat boxes in Toronto, Canada to becoming a global leader in custom sustainable packaging solutions. Under Ben's leadership, Progress Luv 2 Pak partners with iconic brands like Canada Goose and Williams Sonoma, combining innovation with a deep commitment to sustainability. A graduate of Queen's University with a bachelor of commerce, Ben began his career at Procter and Gamble, managing major consumer brands and working with retailers like Walmart and Target. Since returning to Progress Luv 2 Pak in 2017, Ben has driven the company's digital transformation and sustainability efforts, becoming president in 2021. Ben is an active member of the Young Presidents Organization, YPO, and is passionate about transforming legacy business and creating meaningful customer experience. He lives in Toronto with his wife and two young children.In this episode of Family Business Today, you will learn:How a family business that started making hat boxes in 1917 evolved into a global leader in sustainable packagingInsights on navigating leadership succession and earning your place in a multigenerational businessHow a family business adapts to market changes through innovation and global partnershipsThe value of humility, mentorship, and learning from those who came before youLessons learned from importing and manufacturing, including the decision to return to in-house production as the global landscape changesAnd more…To learn more about Ben and Progress Luv 2 Pak, visit www.luv2pak.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 85: How Hiring a Non-Family CEO may Ensure Success for Your Family Business TNCFB Our guest today is Richard Perko, President and CEO of the Lee Company in Franklin, Tennessee.Richard joined Lee Company as a project engineer right out of college in 1996. Twenty years later, he was named CEO of the company, adding that title and responsibilities to his role as president – a position he has held since 2009.As President and CEO, Richard is responsible for all company sales, operations, and strategic planning. His current focus is on guiding Lee Company’s ongoing, successful evolution from a traditional mechanical contractor and residential HVAC provider to a comprehensive Facilities Solutions, Home Services, and Construction Services provider.Richard’s journey to the top leadership position speaks to Lee Company’s mission to create a workplace where employees can thrive. In this episode of Family Business Today, you will learn:What are some of the key benefits of hiring non-family leaders in a family business?What are the advantages and/or disadvantages of hiring from outside the company vs promoting from within? What questions should family business leadership ask themselves before searching for their first non-family executive?What questions should a non-family executive ask the family business leadership during the interview process?How can non-family executives in a family business nurture and mentor the next generation of family leaders?And more….&nbsp;To learn more about Richard Perko and the lee company visit their website at https://www.leecompany.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 84: Bringing Together Faith and Business to Impact Culture in Your Family Business TNCFB Our guest today is Peter Demos, 2nd generation restaurateur at Demos’ Restaurant in Murfreesboro, Tennessee. Peter’s vision for Demos’ is clear and simple. “We want the customer to leave in a better mood than when he or she came in.”In 1999, Peter returned to his parents’ family restaurant, Demos’ Restaurant, with the single goal of growing the organization. His experience as a restauranteur grew, and he was given the position of chairman on the Board of Directors for the Rutherford County Chamber of Commerce and president of the Tennessee Hospitality Association. Currently, he is the president and CEO of Demos’ Brands and Demos Family Kitchen, owning six restaurant locations across middle Tennessee, including PDK Southern Kitchen and Pantry, and multiple other businesses.Peter is a highly sought-after leadership expert and speaker on business, leadership and faith. His latest professional pursuit is the release of his compelling debut book detailing his journey from fear-filled to fearless, “Afraid to Trust.” He has been featured in numerous mainstream and faith-based publications. Today, Peter and his wife Kristin work closely together in both business and ministry. They are now teaching their two children to also serve God with their lives.In this episode of Family Business Today, you will learn:How he developed a clear vision for his restaurants and uses his vision to continually guide both short-term and long-term growthWhat it means for a business to have “true valueHow to incorporate sustainability and responsible stewards into his restaurant’s operations as a Christian business leaderHow to ensure your restaurants are successful financially while staying true to your valuesHow he creates a workplace culture that reflects his values and supports his employees beyond just a paycheckWhat kind of legacy he hopes to leave through his restaurantsAnd more…To learn more about Peter Demos and Demos Restaurants visit their website at https://www.peterdemos.org/At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 83: Plan for the Future, Preserve the Legacy with Jim and Bill Stranberg TNCFB Our guests today are Bill and Jim Stranberg. Jim is the founder of Stranberg Resource Group in Lake Forest, Illinois. His son, Bill, is a partner in the family firm. As a second generation, family-owned firm focused on CEO succession planning, search and selection business, they support family business leadership in their recruitment efforts.In this episode of Family Business Today, you will learn:How Jim planned for his children to join their family businessShould children get experience working somewhere else before joining the family business Three most critical factors family businesses overlook when planning for outside executive successionThe most challenging conversation that family members undertake during the succession planning processAnd more…To learn more about Stranberg Resource Group, visit their website at www.stranberg.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 82: 100 Years and still going strong at Chattanooga Bakery, MoonPies have never tasted so go TNCFB Our guests today are Mallie Campbell and Sam Campbell V, Cousins and 5th Generation Owners of Chattanooga Bakery, makers of the iconic 108-year-old MoonPie.Mallie Campbell is a 5th generation owner and Purchasing Manager for Chattanooga Bakery Inc., makers of the iconic, 108-year-old MoonPie. Mallie was born and raised in Chattanooga, Tn with a passion for baking from a young age innately around the bakery or at home decorating cookies and cakes for family and friends. She graduated in 2019 from Samford University with majors in Management and Entrepreneurship while spending summers working at the Tennessee Bun Company and Chattanooga Bakery. Mallie worked at ALDI as a District Manager before joining her family at Chattanooga Bakery as a Purchasing Manager just over a year ago.Sam Campbell V is a 5th generation owner and VP of Manufacturing for Chattanooga Bakery Inc., makers of the iconic, 108-year-old MoonPie. Sam grew up in Chattanooga, TN and spent his high school summers working in the factory. He attended Washington and Lee University where he graduated with a degree in Business Administration. Following college, Sam gained valuable food industry experience with Snyder’s-Lance (now Campbell Soup) in their Research &amp; Development department. Prior to joining Chattanooga Bakery in 2021, Sam was an Assistant Vice President with Colliers International’s Food Advisory Services Group, representing buyers and sellers of food related industrial buildings nationwide. He currently leads Chattanooga Bakery’s Lean Manufacturing efforts as the company remains focused on baking memories for generations to come.In this episode of Family Business Today, you will learn:The different routes each one took to become involved in the family businessThe importance of family values to create a family legacy that has lasted over 100 yearsSecrets to success keeping the business in the family and successfully transitioning to the fifth generationHow siblings and/or cousins can successfully work together in a family businessAnd more…To learn more about Chattanooga Bakery, visit their website at www.moonpie.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 81: What Questions Should You Ask Yourself Before Considering Selling your Family Business? TNCFB Our guest today is Jeff Hopmayer who founded the Brindiamo Group in 2012. Jeff’s name is synonymous with excellence and innovation in the beverage alcohol industry.The Brindiamo Group is one of the premier providers of bulk bourbon and whiskey in the world.Hopmayer's dedication to whiskey education and community involvement is showcased through various initiatives, notably the Brindiamo Penthouse established in Bardstown, KY, in 2022. In partnership with the Bourbon Capital Academy and Kentucky Bourbon Festival, it serves as a hub for bourbon tastings and industry networking events. Furthermore, Brindiamo's principal sponsorship of the World Whiskies Awards underscores its commitment to promoting excellence within the industry.In this episode of Family Business Today, you will learn:What is the first question you should ask yourself before selling your business?What are the main goals around someone selling their business?Know when to hold them? Know when to fold them? When is the best time to sell your business or when to keep it?What is the First question you should ask yourself before selling your business?What are the main goals around someone selling their business?Know when to hold them? Know when to fold them? When is the best time to sell your business or when to keep it?And more…To learn more about Jeff Hopmayer and The Brindiamo Group, visit their website at www.brindiamogroup.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 80: Optimizing and Transforming Your Family Business with Tammy Rodgers TNCFB Our guest today is Tammy Rodgers. Tammy is the Co-Founder and CEO of Become More Group, which designs training programs for Corporate America.Tammy believes that life-long learning, coupled with listening, putting clients’ needs first, hard work, and doing more than promised is the recipe for success. She is the co-author of Chief Optimization Officer: Shattering the Status Quo with Scott Burgmeyer. Their book The DMAIC Way Black Belt Field Book provides advanced tools and techniques to lead complex projects, drive significant improvements, and achieve operational excellence.In this episode of Family Business Today, you will learn:What is the most important thing a leader can do for their organizationHow to balance the need for short-term results with long-term strategic visionWhat role diversity and inclusion plays in unlocking an organization’s potentialWhen and how do you involve the next generation in the strategic planning processHow to develop “family” talentAnd more…To learn more about Tammy Rodgers and the Become More Group, visit their website at https://www.becomemoregp.com/.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Achieve the Best Version of You by Actively Taking Action with Jason Yarusi TNCFB Our guest today is Jason Yarusi. Jason is a transformative keynote speaker who passionately empowers individuals and businesses to shatter barriers and forge a path to lasting success.His personal story and extensive work have made him an inspirational force, captivating audiences as a dynamic motivational speaker. With an innate ability to ignite positive transformations, Jason empowers individuals to conquer challenges and embrace change with unwavering resilience. His electrifying talks instill a renewed sense of purpose, propelling audiences to reach new heights in both personal and professional spheres.In this episode of Family Business Today, you will learn:How to measure successSpecific strategies you can use to enhance self-awarenessHow family business owners can stay disciplined and focused on their goalsHow to identify and overcome your limiting habitsAdvice for a family business owner who is considering exiting his or her businessAnd more…To learn more about Jason Yarusi and LIVE 100, visit his website at www.jasonyarusi.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 78: A Century of Style, A Heritage of Service – M. Dumas & Sons TNCFB Our guest today is Gary Flynn, CEO and Co-Owner of M. Dumas and Sons, in Charleston, South Carolina.Founded in 1917 by Mendel Dumas, M. Dumas &amp; Sons has evolved into an iconic men’s specialty retailer in historic downtown Charleston, S.C. Initially known as a uniform shop for service jobs, M. Dumas &amp; Sons evolved to become the sole provider of uniforms for naval officers stationed in Charleston. M. Dumas &amp; Sons transitioned full-time into the men’s apparel arena in 1993.In the fall of 2015, M. Dumas &amp; Sons completed a $2 million renovation of its iconic store, and today, Charleston locals and tourists alike still consider M. Dumas &amp; Sons a welcoming, historic King Street specialty retailer who is a permanent staple of the city’s landscape.In this episode of Family Business Today, you will learn:How a 100+ year old family business adapts to change to make it the successful company it is todayWhat a non-family leader should consider before joining a family businessHow core values help in making high-level decisions in their family businessHow conflict is handled when making business decisionsThe most important component of a successful multi-generational family businessAnd more…To learn more about M. Dumas &amp; Sons, visit their website at www.mdumasandsons.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 77: The Original Precast Plunge Pool, Crafters of Your Comfort TNCFB Our guests today are husband and wife duo, Karen and Brian Larson, founders of Soake Pools, Inc., located in Pembroke, New Hampshire.Since founding Soake Pools in 2014, the Larsons have been manufacturing precast plunge pools with an unwavering attention to detail and quality, and the personal touch their customers deserve. With Brian overseeing production and Karen spearheading sales and marketing efforts, the pair relies heavily on the support of their staff—over a quarter of which is family, who support the sales department and business management team.In this episode of Family Business Today, you will learn:How boundaries are established between family and businessHow they solve disagreements as it relates to business decisionsAdvice for couples working together in a Family businessHow they make decisions on hiring family members for the businessHow they handle conflict between family and non-family team membersAnd more…To learn more about Plunge Pools and Soake Pools, Inc., visit their website at www.soakepools.comAt the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 76: Embracing Sustainability in Your Family Business TNCFB Our guest today is Elizabeth Bagger. Elizabeth is the former Director General of the Institute for Family Business (IFB) in the UK, a membership organization she was proud to serve for 12 years. Her passion for family business led her to establish Avanti Family Business Advisory in September 2021 to support individual family businesses on their journey towards more harmonious family dynamics, stronger family governance and next generation integration and education. Along with her work with and for family businesses, Elizabeth spent almost a decade working for her own family business where she now serves as a non-executive director. In this episode of Family Business Today, you will learn:What makes family businesses unique from non-family businessesHow to build a resilient business for the long termHow to combine legacy building with innovation and an entrepreneurial mindsetWho should start the succession conversation and howWhat common mistakes family businesses make when it comes to family governanceAnd more…To learn more about Elizabeth and her work with family business, visit her website at www.avanti-fba.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)

<figure class=" sqs-block-image-figure intrinsic " > Episode 75: Jumpstart your Exit with Ivan and Mariana Polic TNCFB Our guests today are Ivan and Mariana Polic, bestselling authors, internationally recognized speakers and advisors of family business leaders and their businesses. For over a decade, they have been training, educating and inspiring people to break through their limitations and build and grow a successful, sustainable family and business.In this episode of Family Business Today, you will learn:What is the one consistent issue that all family businesses haveWhat is so important to understand the why and how to exit a businessThe difference between being the successor and the founder of a family businessWhat Successful DNA is and why it is important to a family businessWhat is the most important ingredient of a family businessAnd more…Ivan and Mariana Polic are the authors of Family Business Mastery: Bridging Legacy and Innovation to Build a Family Business That Lasts for Generations. You can learn more about the Polic’s and purchase copies of their book at www.jumpstartyourexit.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 74: Scaling Up your Family Business with Jonathan Goldhill TNCFB Our guest today is Jonathan Goldhill. Following the sale of his family’s men’s apparel manufacturing company started by his great-grandfather, Jonathan formed his own consulting and coaching business. He helps business owners and leaders define and find their version of freedom by guiding owners through 1-on-1, peer group, group coaching and team coaching programs.In this episode of Family Business Today, you will learn:Seven things a family business owner must get right to grow their family businessWhat is vivid vision and how is it related to predictable income for a family business?What role a coach or facilitator plays in family business succession or generational transition?What makes succession planning controversial in a family business?And more…Jonathan is the author of Disruptive Successor: A Guide to Driving Growth in Your Family Business and host of the podcast: Disruptive Successor Show.Copies of his book are available at www.disruptivesuccessor.com. To learn more about Jonathan Goldhill visit his website at www.the goldhillgroup.com.&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 73: The Role Empathy and Understanding Play in Resolving Conflict, with Dr. Darlene Willi... TNCFB Our guests today are Dr. Darlene Williams-Prades and her husband, Keith. Dr. Darlene Williams-Prades is the founder of Superior Love Forever. She is also an Air Force veteran, mother of three, a bonus mom of two, and cherishes her role as grandmother to four grandchildren. &nbsp;With over 30 years of professional experience, Dr. Williams-Prades urges individuals to embrace their authentic selves and pursue their aspirations with vigor.She was appointed as the Co-Chair for FEMA's Inclusive Diversity Council and recently spoke at the University of Michigan. Her mission is to empower others to carve out their legacy.In this episode of Family Business Today, you will learn:Key challenges family businesses experience with communication and conflict resolutionStrategies for helping family businesses overcome these challengesCommon misperceptions family businesses have about conflict resolution and how to deal with those misperceptions in your workSome common misperceptions family businesses have about conflict resolution and how to deal with those misperceptions in your work What is the ideal outcome of conflict resolution mediation for family businessesAnd more…To learn more about Dr. Darlene Williams-Prades and her commitment to helping others reach their full potential in life, visit their website at www.superiorloveforever.net.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 72: A husband and wife team, Kay Lee and Robert Fukui, offer tips on helping family busin... TNCFB Our guests today are Robert and Kay Lee Fukui. Robert and Kay Lee are the co-founders of Power by i61, Inc., a business consulting company. Their passion is to see marriages flourish in the midst of building a profitable business and to help the entrepreneur couple understand that you don’t have to sacrifice the marriage and family for the business.&nbsp;Together, they have developed an innovative program, Power Couples by Design, which equips the married entrepreneur to build a Thriving Marriage AND Prosperous Business.&nbsp;&nbsp;In this episode of Family Business Today, you will learn:&nbsp;What are the most common types of conflict in a family business?&nbsp;Practical tips to deal with conflict&nbsp;What is the price of not resolving conflict in a family business?&nbsp;&nbsp;&nbsp;How do you hold family members accountable in a family business and still preserve the relationship?&nbsp;How do you deal with a family member who wants a JOB, but you don’t think they would be a good fit?&nbsp;How do you deal with a family member who tends to stir the pot and create trouble?&nbsp;And more…&nbsp;Kay Lee and Robert are the authors of the book, Tandem: The Married Entrepreneurs’ Guide for Greater Work-Life Balance.&nbsp;Copies of their book are available at www.amazon.com and www.thetandembook.com. To learn more about Power by Design visit their website at www.marriedentrepreneur.co.&nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.&nbsp;If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)&nbsp;Until next time, There’s No Business Like a Family Business…. We Know!&nbsp;

<figure class=" sqs-block-image-figure intrinsic " > Episode 71: The Power of Legacy in a Family Business TNCFB Our guest today is Charlie Leichtweis. Charlie is the founder of Experts in HOW and a 30-year business veteran with a strong track record of success at some of America’s best-known companies. His experience as a CEO and serving on the board of a prominent family-owned business inspired him to create Experts in HOW to help family businesses establish the high level of governance, leadership development and generational engagement that can preserve their wealth and ensure their success for generations.In this episode of Family Business Today, you will learn:How do you handle the situation where family members have conflicting objectives?How can you build trust across generations and family branches?How do you give voice to all members of the family?How does the direction of the business change across generations?Which comes first, the business or the family, when making decisions?And more…Charlie is the author of several books including THE POWER OF LEGACY IN FAMILY BUSINESS and host of the internationally recognized podcast THE POWER OF RESPECT PODCASTCopies of his book are available at www.amazon.com. To learn more about Charlie Leichtweis visit his website at www.expertsinhow.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

Our guest today is Trudy Cathy White. Trudy is the youngest child and only daughter of Chick-fil-A founder Truett and Jeannette Cathy. Like her father, she is a beloved leader, communicator, and entrepreneur.

<figure class=" sqs-block-image-figure intrinsic " > Episode 69: Leading with Emotional Power with Dr. Julia DiGangi TNCFB Our guest today is Dr. Julia DiGangi. Dr. DiGangi is a Neuropsychologist, author, speaker, and Founder of NeuroHealth Partners. On today’s podcast she will show us how to harness the power of the brain to lead more satisfying and emotionally intelligent lives at home and in our family business.In this episode of Family Business Today, you will learn:How to harness the power of emotional energy to Thrive not just surviveHow to overcome the stumbling blocks of communications with family membersHow to understand emotional energy to navigate stress (financial, economic, personnel, sales)When painful things happen, how do we get unstuck when you are feeling stuckAnd more…Dr. Julia DiGangi is the author of ENERGY RISING: The Neuroscience of Leading with Emotional Power. Dr. DiGangi shares neuroscientifically grounded insights and compelling stories that bring principles to life. Copies of her book are available on amazon.com. To learn more about Dr. Julia DiGangi visit her website at www.drjuliadigangi.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 68: Entrepreneurial Family Business: From Survival to Success with Dr. Dianne Welsh TNCFB Our guest today is Dr. Dianne Welsh. Dr. Welsh is a known scholar in entrepreneurship, family business, and franchising at the University of North Carolina Greensboro. She grew up in her family business, Boyt Division of Welsh Sporting Goods.Dr. Welsh has published 130 journal articles and eight books, including the go-to book for cross-campus entrepreneurship programs, Creative Cross-Disciplinary Entrepreneurship.In this episode of Family Business Today, you will learn:How growing up in her family business influenced her thoughts on the cross-sector of entrepreneurship and family businessWhat the difference is between learning about entrepreneurship and learning about businessHow a family business can create an environment for entrepreneurship to flourish beyond the first generationWhat a NextGen leader can do to help their family business survive past the first generationIs there an indicator for family business success?And more…Dr. Dianne Welsh is the author of Entrepreneurial Family Business: From Survival to Success. &nbsp;Her book focuses on the role of innovation in the development and longevity of her family business, Boyt®. It highlights the integral roles that each person plays in the success of a business and emphasizes that each role deserves respect and praise. To get your copy, visit Entrepreneurial Family Business.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 67 – Join me at a storied family-owned pub, Bumpa’s, located in the historic Charleston TNCFB Our guests today are brothers, Dan and Conor Sullivan, owners of Bumpa’s, in Charleston, South Carolina. Bumpa’s serves up specialty French fries, proprietary-blend burgers, and other elevated bar food in tribute to their grandfather, “Bumpa”.In this episode of Family Business Today, we will share:How their experiences working somewhere else helped prepare them to launch a family-owned businessWhat the founding principles their business is built on and how they maintain them on a daily basis in their workLearn how two brothers communicate with each other to ensure business successThe “rules” they have in place when conflict arises How they survived as a restaurant during COVIDAdvice to siblings who are considering working together in a family businessLike their food, what are the secret ingredients for establishing boundaries between work and business relationshipsWhat the future looks like for Bumpa’sAnd more…To learn more about Bumpa’s, visit their website at Bumpa's .At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 66: Planning Your Family Business’ Path to Long Term Success with Pete Walsh, Master Coach.. TNCFB Our guest today is Pete Walsh, Master Coach, with the Family Business Performance Center in Peoria, Arizona. Pete spent 16 years working in his 89-year-old family business and knows firsthand the challenges most family businesses face.Today Coach Pete provides honest and objective feedback that helps families work better together as high-performing teams and reach new levels of success.In this episode of Family Business Today, you will learn:What some of the most common obstacles family business leaders faceHow should next gens answer the question “Is the family business the right place for me?”Are there family situations that are irreconcilable?How coaching is different from counseling or consultingTrends that are helping or hurting business transitions to the next generationAnd more…Pete Walsh is the author of Family Business Playbook, Your Family’s Path to Long-Term Success. To get your copy, visit Family Business Playbook. To learn more about Family Business Performance Center, visit their website at Family Business Performance Center.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episdoe 65: What is the Role of Spouses in a Family Business? with Sara B. Sten TNCFB Our guest today is Sara B. Stern. Sara is a Certified EOS Implementer with EOS Worldwide focused on multigenerational family businesses.As the former director of the Family Business Center at the University of St. Thomas, trained coach and Certified EOS Implementer, Sara works exclusively with a limited number of family business leaders who want to maximize the impact they have on their companies, families, and communities.&nbsp;In this episode of Family Business Today, we will share:How to decide on an appropriate, constructive role for you as a spouse in your family business.How you can help your spouse keep boundaries between family and business as clear as possible.What role a spouse should take when dealing with sibling rivalries and parent/child disputes in your business.What should a spouse consider before joining their spouse in the family business.And more…You can find Sara B. Stern’s book, Married to the Family Business: A Handbook for Spouses of Family Business Owners, at Amazon.com, and to learn more about Sara and her business, visit her website at Sara B. Stern.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 64: The Multi-Generational Family Business Behind Some of the Biggest Concert Productions in TNCFB Our guest today is Bob Romeo, Board Chairman, Romeo Entertainment Group, Nashville, Tennessee. Bob followed in the footsteps of his father, Don Romeo, who founded Romeo Entertainment Group in 1954. Today the 3rd generation, RJ Romeo and Michelle Romeo, are managing the daily operations of REG.Romeo Entertainment Group is a full-service entertainment agency. For more than 65 years they have managed talent buying for fairs, festivals, clubs, casinos, corporate and rodeo events.&nbsp;In this episode of Family Business Today, we will share:How Don Romeo started the family business in 1954 and what Romeo Entertainment Group does today.Stories about working with acts from Lassie and the Three Stooges to the Rolling Stones and nearly every country act.Why it was important to Don and Bob for the company to remain a family business and prepare it for transition to the next generation.Why it is important for business owners to be storytellers.Advice to a family business owner who may be considering inviting their children to join the family business.What the future looks like for Romeo Entertainment Group.And more…To learn more about Romeo Entertainment Group, visit their website at Romeo Entertainment Group.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like a Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 63: A 5 Generation Family Business Shaping Solutions for Raw Materials with Mac Steele TNCFB Our guest today is Mac Steele, President of JC Steele &amp; Sons, Statesville, North Carolina.&nbsp; Mac along with his cousin, Marian Steele Clark, joined the family business in 2010 founded by their great-great grandfather, JC Steele, in 1889.&nbsp; Mac oversees all worldwide sales and customer service.JC Steele &amp; Sons is the corporate parent of The Steel Group and the global leader in stiff extrusion machinery and solutions for customers in heavy clay, iron &amp; steel, ferro alloys and gypsum/wallboard.In this episode of Family Business Today, Mac will share:The story of how JC Steele started the family business in 1889 and what JC Steele does today.Why it is important to remember and share your legacy and values to today’s family members, team members and customers.The importance of crafting a clear, compelling vision and getting stakeholder buy-in for your business success.What some of the challenges and benefits of working with siblings and cousins in a family business. What questions a next generation family member should ask before joining the family business.What the future looks like for JC Steele &amp; Sons.And more…To learn more about Mac Steele and JC Steele &amp; Sons, visit their website at www.jcsteele.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business….We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 62 - The Soul of Family Business; Creating and Preserving a Truly Healthy Family in Business TNCFB Our guest today is Tom Hubler. Tom began his family business consulting practice in 1980. As an experienced senior consultant, he has counseled more than 500 private family businesses over the course of his career. Tom helps families strengthen connections and eliminate barriers to healthy, productive family and business relationshipsIn this episode of Family Business Today, Tom will share:The importance of family values, love, and heritage in building a strong family businessWhat is the Secret Sauce to use in your business?When a family business owner has difficulty letting go, how do their highly developed skills at doing the business impact the entrepreneur’s self-image?What some of the actions are that often derail family-owned business during the transition processWhat can a family business leader be doing now in planning for an eventual business transition?Why is it important to have a third-party unbiased advisor involved in the planning process?And more…To learn more about Tom Hubler and Hubler for Business Families, visit www.tomhubler.com.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business….We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 61: Economic Outlook 2023 with Greg Young TNCFB Our guest today is Greg Young, Senior Investment Strategist, with Bernstein Private Wealth Management in Dallas, Texas. Greg provides thought leadership on market, investment and asset allocation issues and oversees Portfolio Manager communications to both internal and external constituencies.In this episode of Family Business Today, Greg will share:Why investments have taken a hit in 2022.Will 2023 be a better year for the stock market?Inflation rates have continued to be the headlines. How bad will inflation get?Will higher interest rates be a short-term fix for inflation or a long-term solution? Is there any good news out there?And more…To learn more about Bernstein Private Wealth Management, visit their website at www.bernstein.comAt the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business, Like Family Business…. We Know!

<figure class=" sqs-block-image-figure intrinsic " > Buy-Sell Agreements, The Last Will & Testament for Your Business with Paul Hood Our guest today is Paul Hood with Paul Hood Services located in Sylvania, Ohio. Paul is an author, a speaker, and an advisor to family owned businesses.Paul obtained his undergraduate and law degrees from Louisiana State University and a Master’s degree in taxation from Georgetown University Law Center. Paul has taught at the University of New Orleans, Northeastern University, The University of Toledo College of Law and Ohio Northern University Pettit College of Law.Paul is a highly sought-after speaker and consultant due to his innate ability to see through complexities and explain difficult and even boring subjects in understandable and entertaining language. He minces no words in doing so.Paul has authored or co-authored nine books and over 500 professional articles on estate and tax planning and business valuation. Paul is the author of Buy-Sell Agreements, The Last Will &amp; Testament for your Business as well Yours, Mine, &amp; Ours, Estate Planning for People in Blended or Stepfamilies.Both books can be purchased on Amazon Books or at his website paulhoodservices.comIn this episode of Family Business Today, Paul will:Expand on this importance of Buy-Sell AgreementsEncourage family businesses to have a facilitator at business meetingsTouch on how blended families can prepare for estate planningShare why kids (of all ages) should be involved in business meetingsAnd more…You can find out more about Paul Hood here. To learn more about his books, click here.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.Would you like the opportunity to be in a small group community of like-minded family business owners/leaders and get access to years of experience and wisdom from other family business executives just like you?If you answered yes, I would like to invite you to consider joining a family business mastermind group. To learn more visit our website at www.thefamilybusinessmastermind.com.Until next time, There’s No Business Like Family Business…..We Know!

<figure class=" sqs-block-image-figure intrinsic " > Why do Family Businesses need a Board of Directors? with Tom Bakewell Our guest today is Tom Bakewell. Tom is an Independent Director at First Bank, a family-owned 100+ year old bank serving family businesses in the Midwest and California. His consulting includes many private companies, small-cap public companies, top nonprofits, historic 4th and 5th generation family businesses, employee-owned, private equity, and start-ups across multiple industries in the US and internationally.Tom is the author of Claiming Your Place at the Boardroom Table: The Essential Handbook for Excellence in Governance and Effective Directorship. It is #1 on Amazon in governance.In this episode of Family Business Today, Tom will:· Expand on one of his governance definitions – “Governance is experiential, and reality based”· Share how bringing independent advisors in can offer wisdom, challenge the group, and set high standards· Explain the difference between Family Council, Family Assembly, and a Board of Directors· Share what to look for in a Board Member such as diverse backgrounds and people who have accomplished similar goals in their business lifecycle· And more… You can find out more about Tom Bakewell here. To learn more about his book, visit Claiming Your Place at the Boardroom Table.At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.Would you like the opportunity to be in a small group community of like-minded family business owners/leaders and get access to years of experience and wisdom from other family business executives just like you?If you answered yes, I would like to invite you to consider joining a family business mastermind group. To learn more visit our website at www.thefamilybusinessmastermind.com.Until next time, There’s No Business Like Family Business…..We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 58: Combining Irish and German Approaches to Education of Next Generation Family Business... TNCFB Our guest today is Dr. Susan Walsh. Susan started her career in banking and worked in retail, corporate and private banks for 11 years in both the North and South of Ireland. She then moved into academia and held a fellowship at the Dublin Institute of Technology. After moving to Munich in 2004, Susan founded Globe Business College and has spent the last decade and a half perfecting a unique education model that centers on one-on-one, customized business education for the sons and daughters of family company owners. Today, she divides her between the College, speaking events to promote the need for relationship-based education in a digitalized society and working at a strategic level in both Ireland and Europe on the future of education.In this episode of Family Business Today, Susan will share:How the idea for Globe Business College began with a desire to combine the logical processes of German businesses with the dynamic skills of Irish businessesHow the college has evolved and provides customized learning on a one-to-one level as the students and world change over timeThat a key to the longevity of Germany family businesses, also known as the Mittelstand, is that they are often specialists in one productHow early graduates of GBC are seeking continued relationships and character development outside of a traditional degree as they face challenges in their family businessesHow a challenge for early graduates of GBC is now being the bridge between senior management and the new generation And more…You can find out more about Dr. Susan Walsh at https://dr-susanwalsh.com/.&nbsp; To learn more about Globe Business College visit https://globe-college.com/.&nbsp;&nbsp;&nbsp; At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business…..We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 57: How a Virginia Peanut Changed an Industry and Created a Family Legacy, Hubbard Peanut... TNCFB Our guest today is Marshall Rabil. Marshall serves as the Sales and Marketing Director of Virginia-based and family-owned Hubbard Peanut Company, which his grandmother and grandfather founded nearly 70 years ago.&nbsp;Named one of Inside Business’ 40 Under 40 in 2019, Rabil helps lead the company with a big heart for his community and his multifaceted experience ranging from sustainable development studies to leading student groups internationally.In this episode of Family Business Today, Marshall will share:How the specialty peanut company Hubs got its start with Marshall’s grandmother Dot, her unique recipe, and a unique Virginia peanut The steps Hubs has taken to expand from their homegrown roots while staying connected to the legacy and the community of Sedley, Virginia About his background in international teaching, community development projects, specialty grocery, sustainability, and service That an important part of a succession plan is clear communication of goals, of timelines, and of how the baton will be passed to the next generation The opportunities Hubs has for the business and the people of the business to give back to their communityAnd more…To learn more about Marshall Rabil and the Hubbard Peanut Company, visit https://www.hubspeanuts.com/.&nbsp; At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business…..We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 56: What’s in Your Cup? A Cup of Coffee/Tea and a Conversation with Bill Smith, Royal Cup C TNCFB Our guest today is Bill Smith. Bill Smith has been involved with his family business for over 30 years. Royal Cup Coffee &amp; Tea has been in his family since his grandfather bought the company in 1950.&nbsp; In 2014, Bill was promoted to the President and CEO role, following his uncle and moving the guidance of the business to him as a third-generation leader. Bill launched Double Iron Consulting in 2021 to serve and help small to medium-sized businesses and family business owners and executives clarify and achieve their goals.&nbsp; He understands what it’s like to be in their position and knows the care that goes into a business, especially when it’s a family business.In this episode of Family Business Today, Bill will share:His grandfather’s passion for buying, owning, and running a business, which started the Smith family legacy in Royal Cup Coffee &amp; TeaHow his 25 years in the family business began with learning how to roast coffee at 16 and lead to his work in the company’s national infrastructure The value of providing immersion opportunities to the next generation when it comes to learning and developing passion for the family businessHow important it is for a family business to respect both the family aspect and the business aspect when growing the companyHow family business owners need to give themselves the time to successfully transition their business to avoid reactive or rushed transitionAnd more…To learn more about Bill and his business Double Iron Consulting, visit www.doubleironconsulting.com/. &nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business…..We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 55: How to Be a Leader in the Boardroom and the Living Room with Deena Chochinov TNCFB Our guest today is Deena Chochinov. Over the last 30 years, Deena has worked as a therapist, management consultant and family enterprise advisor with people and organizations seeking meaningful change. Her rare skill set enables her to strengthen family businesses on a strategic level, while ensuring that healthy interpersonal dynamics support a firm’s continuity and prosperity. As a family facilitator, Deena works with multi-generational families who seek the tools and techniques to make smart decisions, manage conflict effectively and develop strong, lasting relationships. She is based in Vancouver, Canada.In this episode of Family Business Today, Deena will share:How her parents’ family business and her experience as a therapist and management consultant led her to family business enterprise consultingHow difficult it is to move family businesses forward without proactivity, planning, and awareness How family business members need to know “what hat they’re wearing when” as they manage their home and business balance How to have success in the family business and harmony at home while being the same personA story of three retirement-reluctant brothers who successfully transitioned their family business after forty years as ownersAnd more…You can find Deena Chochinov’s book, HomeWork, at Amazon.com, and to learn more about Deena and her business, visit https://www.deenachochinov.com/. &nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business…..We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 54 – Living Your Vision Now with Larry Olsen of Aperneo TNCFB Our guest today is Larry Olsen. Larry Olsen is CEO and creator of Aperneo and is an international speaker, author, podcast host, and executive coach. He has years of experience working with Fortune 50 companies, championship teams, and entrepreneurs on establishing their vision and sense of purpose. Larry is passionate about providing individuals and teams quick, actionable guidance on how to break ingrained, ineffective habits that they did not even know were holding them back.In this episode of Family Business Today, Larry will share:How our success in business and in life is tied to learning how to change the way we thinkThat whatever is on our on minds is all we seeThat one hundred percent of our performance is dictated by our attitudeHow most of use are going into life looking backwardWhat it means to live your vision nowAnd more…You can find out more about Larry, his firm, his book Get a Vision and Live It, and The Mindset Playbook podcast by visiting his website at https://www.larryolsenlive.com/ . &nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business…..We Know!

<figure class=" sqs-block-image-figure intrinsic " > Episode 53: Tailoring the Family Business Legacy with John and Daniel Stewart of Stewart Leadership TNCFB John and Daniel Stewart joins our host Greg Lewis on this week’s edition of Family Business Today. John is the founder and CEO of Stewart Leadership. Stewart Leadership is recognized internationally for its feedback assessments, training tools, and solid, results-focused coaching services designed to guide teams and individuals to adapt, grow, and reach new levels of performance. John lives with his wife, Debra, near Portland, Oregon and has four sons and sixteen grandchildren.Daniel is a sought-after talent management and leadership development consultant and coach, and he leads Stewart Leadership’s extensive consulting practice, business development, and international partnerships. Daniel lives near Milwaukee, WI with his wife, Katie, and their 4 children.In this episode of Family Business Today, John and Daniel will share:How Daniel and his brother came to grow the business John foundedThat the key to family business success is to recognize the strengths of every individual and capitalize on themThat effective leadership is directly related to the strength or weakness of relationshipsThat the most important element in transitioning a family business to the next generation is passion for the businessHow to allow the next generation space to tailor the family business legacy And more…You can find out more about John, Daniel, their firm, and their many publications, webinars, and resources by visiting their website at www.stewartleadership.com/. &nbsp;&nbsp;At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.If you are considering a transition in your family business contact us today for a FREE &nbsp;Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)Until next time, There’s No Business Like Family Business…..We Know!

In this episode of Family Business Today, Dave will share: * That family businesses should take every opportunity to be proactive in preparing the rising generation, whether or not they enter into the family business * How family businesses need to become less informal and more professional over time * That success needs to be defined personally and intentionally for every family business generation * How running event simulations can help a family business see what decisions are wrapped up in one member of the business * That the rising generation needs to feel what it feels like to be an owner before they take over the family business * And more…