The biggest threat to your family business is the unspoken tension inside your family.
Jerome Myers talks with Amy Wirtz, senior consultant at The Family Business Consulting Group and Exit Planner of the Year, about navigating family succession with clarity and compassion. With deep experience as a lawyer, mediator, and strategist, Amy offers real-world wisdom for business owners struggling to pass the torch without burning bridges.
Listen now for frameworks that demystify legacy, reveal blind spots, and offer new ways forward.
[00:00 – 12:00] Family Businesses Aren’t Broken
Why family businesses matter more than you think
The emotional dream behind succession
What sparks (and delays) transition planning
Owners think about it long before they talk about it
Outside advisors often prompt the first move
[12:01 – 24:00] Power, Voice, and Money
Ownership is power
Equal shares ≠ equal results
Gifting vs earning the business
Who gets to vote, who gets a say
When silence costs more than taxes
[24:01 – 36:00] Ego, Exit, and Expectations
Letting go is harder than you expect
The myth of "work optional" retirement
Why selling to your kids might be best
Salary vs financial freedom
What happens when you don't diversify
[36:01 – 46:00] New Generation, New Vision
Founders vs. next-gen work styles
The “lazy” label, and what’s behind it
Redefining hustle in a digital world
Lifestyle over grind
Learning from past downturns
[46:01 – End] The Process Behind the Plan
Amy’s consulting roadmap
Building healthy governance systems
Coaching families through tough transitions
Why change takes time
Empowering families to lead their future
Key Quotes:
“You work for your money. You don’t get money just because you’re an owner.” – Amy Wirtz
“There is help out there for family businesses. They're really smart, capable people who actually support the backbone of the economy.” – Amy Wirtz
Connect with Amy!
Website: thefbcg.com
LinkedIn: linkedin.com/in/amywirtzcepa
Ready for your next chapter?
Start Your Assessment Now 👉 https://theexitparadox.com/assessment
Leave a Review + Help Others Achieve a Great Legacy
If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth.
Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and achieving excellence.
🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com. Your next chapter starts here!
Learn more about your ad choices. Visit megaphone.fm/adchoices
