In this episode, Laura and Randy discuss the intricacies of family-owned businesses with Keanon Alderson, the director of the Family Business Center at Cal Baptist University. They explore the unique challenges and opportunities that family firms face, including the importance of succession planning, effective communication, and the role of technology in modern business practices. The conversation emphasizes the need for a strong support team and governance structures to ensure the longevity and success of family businesses.
In This Episode:
00:00 Navigating Family Business Dynamics
05:27 Opportunities and Challenges in Family Firms
10:02 The Importance of Succession Planning
15:10 Communication and Family Dynamics
20:09 Embracing Change and Technology
24:04 Building a Support Team for Success
Connect with Keanon:
LinkedIn: https://www.linkedin.com/in/joshuaconiglio/
Connect with Jeremiah:
LinkedIn: https://www.linkedin.com/in/jeremiahjlee/
Email: Jeremiah@tricordadvisors.com
Connect with Laura:
LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/
Email: Laura@tricordadv.com
Connect with Randy:
LinkedIn: https://www.linkedin.com/in/rkbarkley/
Email: Randy@tricordadv.com
