Shows
The Family Biz ShowWhy Brand Can Make or Break Family Business Succession & Legacy | The Family Biz Show Ep. 124Why Brand Can Make or Break Family Business Succession & Legacy In Episode 124 of The Family Biz Show, host Michael Palumbos welcomes back Megan Lynch of Six Point Strategy for a wide-ranging conversation that connects branding, trust, and reputation to the real drivers of Family business succession, Family business leadership, and long-term enterprise value. What makes this episode especially powerful is that Megan isn't approaching brand as "marketing"—she approaches it as an essential part of family business strategy, Legacy planning, and Business continuity for families. Megan shares how her firm originally focused on creative branding work, but as...
2025-12-3139 minThe Family Biz ShowWhy Brand Can Make or Break Family Business Succession & Legacy | The Family Biz Show Ep. 124Why Brand Can Make or Break Family Business Succession & Legacy In Episode 124 of The Family Biz Show, host Michael Palumbos welcomes back Megan Lynch of Six Point Strategy for a wide-ranging conversation that connects branding, trust, and reputation to the real drivers of Family business succession, Family business leadership, and long-term enterprise value. What makes this episode especially powerful is that Megan isn't approaching brand as "marketing"—she approaches it as an essential part of family business strategy, Legacy planning, and Business continuity for families. Megan shares how her firm originally focused on creative branding work, but as...
2025-12-3139 min
The Family Biz ShowPassing the Hard Hat: Succession Planning Lessons for Family Construction Businesses | The Family Biz Show Episode 120Jerry Aliberti, construction industry veteran and founder of Pro-Accel, joins Michael Palumbos to reveal what it really takes to design a smooth succession plan in family-owned construction businesses—and why most founders wait too long to start. With two decades of experience leading complex projects and advising second- and third-generation owners, Jerry brings grounded, practical wisdom to one of the hardest transitions in business: handing over the hard hat. He unpacks how family construction leaders can shift from doing the work to building people, delegate without losing control, and create a professionalized structure that lasts long after th...
2025-10-0659 minThe Family Biz ShowPassing the Hard Hat: Succession Planning Lessons for Family Construction Businesses | The Family Biz Show Episode 120Jerry Aliberti, construction industry veteran and founder of Pro-Accel, joins Michael Palumbos to reveal what it really takes to design a smooth succession plan in family-owned construction businesses—and why most founders wait too long to start. With two decades of experience leading complex projects and advising second- and third-generation owners, Jerry brings grounded, practical wisdom to one of the hardest transitions in business: handing over the hard hat. He unpacks how family construction leaders can shift from doing the work to building people, delegate without losing control, and create a professionalized structure that lasts long after th...
2025-10-0659 min
The Family Biz ShowFamily Business Leadership & Legal Strategies: Protecting Your Legacy with Michael Hayes | The Family Biz Show Ep 119Family businesses face unique pressures — leadership misalignment, succession uncertainty, and legal blind spots that can undermine decades of hard work. In this episode of The Family Biz Show, host Michael Palumbos sits down with Mike Hayes, CEO of GLC Business Services, to unpack the strategies that have allowed GLC to thrive across generations. Mike's journey from West Point graduate and Army officer to family business CEO is a case study in resilience, vision, and people-first leadership. He shares how his father co-founded GLC in 1992, pivoting away from a declining printing industry into document outsourcing, and how that fo...
2025-08-1557 minThe Family Biz ShowFamily Business Leadership & Legal Strategies: Protecting Your Legacy with Michael Hayes | The Family Biz Show Ep 119Family businesses face unique pressures — leadership misalignment, succession uncertainty, and legal blind spots that can undermine decades of hard work. In this episode of The Family Biz Show, host Michael Palumbos sits down with Mike Hayes, CEO of GLC Business Services, to unpack the strategies that have allowed GLC to thrive across generations. Mike's journey from West Point graduate and Army officer to family business CEO is a case study in resilience, vision, and people-first leadership. He shares how his father co-founded GLC in 1992, pivoting away from a declining printing industry into document outsourcing, and how that fo...
2025-08-1557 min
The Family Biz ShowLegacy on Film: How Eriksen Dickens Helps Families Preserve Their Stories | The Family Biz Show Ep. 113In this episode of the Family Biz Show, host Michael Palumbos is joined by filmmaker and entrepreneur Eriksen Dickens of Platinum Peak and Dickens Brothers to explore the power of legacy documentaries in preserving family stories for future generations. Eriksen shares the inspiring story of building a creative business with his brother—starting with childhood movies on their family ranch to directing legacy films for philanthropists, founders, and family foundations. They discuss the unique dynamics of working with family, the evolution of their business, and the challenges of leadership, delegation, and growth as their team expanded. ...
2025-04-2448 minThe Family Biz ShowLegacy on Film: How Eriksen Dickens Helps Families Preserve Their Stories | The Family Biz Show Ep. 113In this episode of the Family Biz Show, host Michael Palumbos is joined by filmmaker and entrepreneur Eriksen Dickens of Platinum Peak and Dickens Brothers to explore the power of legacy documentaries in preserving family stories for future generations. Eriksen shares the inspiring story of building a creative business with his brother—starting with childhood movies on their family ranch to directing legacy films for philanthropists, founders, and family foundations. They discuss the unique dynamics of working with family, the evolution of their business, and the challenges of leadership, delegation, and growth as their team expanded. ...
2025-04-2448 min
The Family Biz ShowLeadership Tensions in Family-Owned Businesses | The Family Biz Show Ep. 110In this episode of the Family Biz Show, host Michael Palumbos is joined by executive coach and author Cathy Carroll to explore the emotional and strategic tensions unique to leading a family-owned business. Drawing on personal experience and her new book Hug of War: How to Lead a Family Business with Both Love and Logic, Cathy reveals how families can navigate leadership challenges, intergenerational conflict, and complex relationship dynamics with clarity and compassion. The conversation dives deep into the concept of polarities—opposing truths that both carry value—and how recognizing them can transform everything from governance deci...
2025-03-2543 minThe Family Biz ShowLeadership Tensions in Family-Owned Businesses | The Family Biz Show Ep. 110In this episode of the Family Biz Show, host Michael Palumbos is joined by executive coach and author Cathy Carroll to explore the emotional and strategic tensions unique to leading a family-owned business. Drawing on personal experience and her new book Hug of War: How to Lead a Family Business with Both Love and Logic, Cathy reveals how families can navigate leadership challenges, intergenerational conflict, and complex relationship dynamics with clarity and compassion. The conversation dives deep into the concept of polarities—opposing truths that both carry value—and how recognizing them can transform everything from governance deci...
2025-03-2543 min
The Family Biz ShowFrom Finance to Fry Plates: A Family Business Success Story | The Family Biz Show Ep. 106 Ever wondered what it takes to transform a family dream into a thriving business? In this episode of the Family Biz Show, Michael sits down with Connor and Dan Sullivan, the dynamic brother duo behind Bumpa's, a unique gastropub nestled in the heart of Charleston, South Carolina. The Sullivans recount their bold leap from stable careers in finance and corporate real estate to the unpredictable world of hospitality. They share the intricate process of renovating a historic building, navigating the challenges of opening during a pandemic, and crafting a menu that pays homage to their root...
2024-09-1141 minThe Family Biz ShowFrom Finance to Fry Plates: A Family Business Success Story | The Family Biz Show Ep. 106 Ever wondered what it takes to transform a family dream into a thriving business? In this episode of the Family Biz Show, Michael sits down with Connor and Dan Sullivan, the dynamic brother duo behind Bumpa's, a unique gastropub nestled in the heart of Charleston, South Carolina. The Sullivans recount their bold leap from stable careers in finance and corporate real estate to the unpredictable world of hospitality. They share the intricate process of renovating a historic building, navigating the challenges of opening during a pandemic, and crafting a menu that pays homage to their root...
2024-09-1141 min
The Family Biz ShowEp 84. Investing in Employees - The Key To Family Business Growth Ep 84. Investing in Employees - The Key To Family Business Growth On this episode of The Family Biz Show, we welcome back returning guest Joey Coleman* about his new book, "Never Lose an Employee Again," which focuses on the employee experience and the eight different phases an employee goes through. Joey discusses the importance of recognizing the emotional and mental journey of being an employee and how it is crucial to create a remarkable employee experience to have happier customers. Joey explains the eight phases of the employee journey & the need for personal and emotional connections in...
2023-06-231h 00The Family Biz ShowEp 84. Investing in Employees - The Key To Family Business Growth Ep 84. Investing in Employees - The Key To Family Business Growth On this episode of The Family Biz Show, we welcome back returning guest Joey Coleman* about his new book, "Never Lose an Employee Again," which focuses on the employee experience and the eight different phases an employee goes through. Joey discusses the importance of recognizing the emotional and mental journey of being an employee and how it is crucial to create a remarkable employee experience to have happier customers. Joey explains the eight phases of the employee journey & the need for personal and emotional connections in...
2023-06-231h 00
The Family Biz ShowPhoenix Rising: How Stephanie Stuckey Reclaimed Her Family Business | The Family Biz Show Ep. 80 Phoenix Rising: How Stephanie Stuckey Reclaimed Her Family Business | The Family Biz Show Ep. 80 We're going absolutely nuts over our latest guest, Stephanie Stuckey, as she joins us to share her story about taking back & growing the family business after a extremely successful career in law, the values that shape Stuckey's and how important it is for family businesses to keep those values while at the same time, needing to evolve how they are presented to stay generationally relevant. There's so much more packed within the hour, so don't miss it! --- If yo...
2023-05-1257 minThe Family Biz ShowPhoenix Rising: How Stephanie Stuckey Reclaimed Her Family Business | The Family Biz Show Ep. 80 Phoenix Rising: How Stephanie Stuckey Reclaimed Her Family Business | The Family Biz Show Ep. 80 We're going absolutely nuts over our latest guest, Stephanie Stuckey, as she joins us to share her story about taking back & growing the family business after a extremely successful career in law, the values that shape Stuckey's and how important it is for family businesses to keep those values while at the same time, needing to evolve how they are presented to stay generationally relevant. There's so much more packed within the hour, so don't miss it! --- If yo...
2023-05-1257 min
The Family Biz ShowStrategic Compensation Planning for Family Business Executives | The Family Biz Show Ep. 78 Strategic Compensation Planning for Family Business Executives | The Family Biz Show Ep. 78 Join us as we talk to Mark Bronfman from Bold Value about his journey into how he ended up helping family businesses, the specifics of strategic compensation planning why that all matters to family businesses who continue to struggle with attracting and retaining top talent! ------- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us...
2023-04-1458 minThe Family Biz ShowStrategic Compensation Planning for Family Business Executives | The Family Biz Show Ep. 78 Strategic Compensation Planning for Family Business Executives | The Family Biz Show Ep. 78 Join us as we talk to Mark Bronfman from Bold Value about his journey into how he ended up helping family businesses, the specifics of strategic compensation planning why that all matters to family businesses who continue to struggle with attracting and retaining top talent! ------- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us...
2023-04-1458 min
The Family Biz ShowThe Popeye Plan for Business Owner Succession Planning | The Family Biz Show Ep. 77 The Popeye Plan for Business Owner Succession Planning | The Family Biz Show Ep. 77 Join us as we dive deep into Popeye Plans with Gary Shepherd, CFP®,CBEC®,ChFC,CLU as we discuss the history of and what exactly Popeye Plans are, how they work and some tips on successful business transition. Don't miss it! ------- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at...
2023-04-031h 05The Family Biz ShowThe Popeye Plan for Business Owner Succession Planning | The Family Biz Show Ep. 77 The Popeye Plan for Business Owner Succession Planning | The Family Biz Show Ep. 77 Join us as we dive deep into Popeye Plans with Gary Shepherd, CFP®,CBEC®,ChFC,CLU as we discuss the history of and what exactly Popeye Plans are, how they work and some tips on successful business transition. Don't miss it! ------- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at...
2023-04-031h 05
The Family Biz ShowTotal Family Management for a Thriving Family Business | The Family Biz Show Ep. 76 Total Family Management for a Thriving Family Business | The Family Biz Show Ep. 76 Join us for a packed episode with Alex Kirby & Katie Jesionowski of Total Family Management as they discuss how to apply "total family management" to the ten domains for successful family business, the importance of investing in the development of communication and trust in the family and the truly emotional (over financial) nature of succession planning. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other fam...
2023-03-171h 00The Family Biz ShowTotal Family Management for a Thriving Family Business | The Family Biz Show Ep. 76 Total Family Management for a Thriving Family Business | The Family Biz Show Ep. 76 Join us for a packed episode with Alex Kirby & Katie Jesionowski of Total Family Management as they discuss how to apply "total family management" to the ten domains for successful family business, the importance of investing in the development of communication and trust in the family and the truly emotional (over financial) nature of succession planning. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other fam...
2023-03-171h 00
The Family Biz ShowCulture and Leadership in the Family Business | The Family Biz Show Ep. 75 Culture and Leadership in the Family Business | The Family Biz Show Ep. 75 Celebrate National Peanut Month with this episode from Hub's Peanuts owner Marshall Rabil as he discusses the triggers unique to family businesses, the importance of actionable culture in his company and the story behind how Hub's became one of Wegman's "Danny Brands". Don't miss this one! --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit...
2023-03-031h 01The Family Biz ShowCulture and Leadership in the Family Business | The Family Biz Show Ep. 75 Culture and Leadership in the Family Business | The Family Biz Show Ep. 75 Celebrate National Peanut Month with this episode from Hub's Peanuts owner Marshall Rabil as he discusses the triggers unique to family businesses, the importance of actionable culture in his company and the story behind how Hub's became one of Wegman's "Danny Brands". Don't miss this one! --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit...
2023-03-031h 01
The Family Biz ShowHow a Family Business Can Pivot to Survive and Thrive | The Family Biz Show Ep. 74Ep 74 – How a Family Business Can Pivot To Survive In this episode, 4th generation owner of Rochester favorite Giuseppe's Marcy Chinappi joins us to talk about the history of their company, how the pandemic affected businesses around them, how they had to pivot multiple times to adapt and thrive and what his hopes are for the future of his family business. You might also find out which pizza place was the very first to ever serve pie in the Flower City...don't miss this one! --- If you're a family business or a famil...
2023-02-1740 minThe Family Biz ShowHow a Family Business Can Pivot to Survive and Thrive | The Family Biz Show Ep. 74Ep 74 – How a Family Business Can Pivot To Survive In this episode, 4th generation owner of Rochester favorite Giuseppe's Marcy Chinappi joins us to talk about the history of their company, how the pandemic affected businesses around them, how they had to pivot multiple times to adapt and thrive and what his hopes are for the future of his family business. You might also find out which pizza place was the very first to ever serve pie in the Flower City...don't miss this one! --- If you're a family business or a famil...
2023-02-1740 min
The Family Biz ShowEvolution, Sacrifice, and Grit in Family Business | The Family Biz Show Ep. 73Ep 73. Evolution, Sacrifice & Grit in Family Business Join us for a Family Biz Show first as we talk to Alaska-based fishing & processing company owners Sena & Rich Wheeler of Sena Sea about the sacrifices that come with navigating a business when one of the owners is away for several months of the year (and the grit it takes!) the unique challenges that come with their business and how their time apart adds value and depth to the time they do spend as a family. If you love warm stories about the bonds of family and have an interest i...
2023-02-0356 minThe Family Biz ShowEvolution, Sacrifice, and Grit in Family Business | The Family Biz Show Ep. 73Ep 73. Evolution, Sacrifice & Grit in Family Business Join us for a Family Biz Show first as we talk to Alaska-based fishing & processing company owners Sena & Rich Wheeler of Sena Sea about the sacrifices that come with navigating a business when one of the owners is away for several months of the year (and the grit it takes!) the unique challenges that come with their business and how their time apart adds value and depth to the time they do spend as a family. If you love warm stories about the bonds of family and have an interest i...
2023-02-0356 min
The Family Biz ShowThe Deep Psychology Behind Family Business Success | The Family Biz Show Ep. 72Ep 72 – The Deep Psychology of Family Business In this episode, Dr. Jim Kestenbaum joins us to talk about why consulting a psychologist for family business succession can be one of the best choices a business owner can make today, how using an in-depth leadership assessment process can identify the kind and degree of leadership development areas needed in your business and the reality that many family businesses struggle knowing which family members should do what, especially as talents from the current generation may differ for the next one. Don't miss this episode! --- If yo...
2023-01-2455 minThe Family Biz ShowThe Deep Psychology Behind Family Business Success | The Family Biz Show Ep. 72Ep 72 – The Deep Psychology of Family Business In this episode, Dr. Jim Kestenbaum joins us to talk about why consulting a psychologist for family business succession can be one of the best choices a business owner can make today, how using an in-depth leadership assessment process can identify the kind and degree of leadership development areas needed in your business and the reality that many family businesses struggle knowing which family members should do what, especially as talents from the current generation may differ for the next one. Don't miss this episode! --- If yo...
2023-01-2455 min
The Family Biz ShowNavigating Wealth 3.0 and Creating an Impactful Life | The Family Biz Show Ep. 70Ep 70 – Navigating Wealth 3.0 & Creating An Impactful Life In this episode, founder of Illumination360 Kristin Keffeler joins us to discuss the hidden tripwires of inherited wealth, how family business owners can identify the clutter that family money can bring. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web for...
2022-12-0157 min
The Family Biz ShowHealth, Wealth, and Success in Family Business | The Family Biz Show Ep. 68Ep 68. Health, Wealth & Family Business It's our first Family Biz Show in the health & beauty space and we're excited to have guest Ryan Margolin* from Professional Hair Labs introduce us. Listen in to hear about how a serious health situation with Ryan's mother led to the development of his business, the specific values that drive his company within a under-regulated industry & the systems they had that broke when they hit 7 figures. Don't miss this one! If you're a family business or a family business consultant and want to be on the show, share your story an...
2022-10-2758 min
The Family Biz ShowMake Better Decisions Faster in Family Business | The Family Biz Show Ep. 67 Ep 67. A System for Developing Leaders and Succession for the Family Business Did you know there's a "silver bullet" for scaling your business, growing revenues, succession/transition planning, and improving company culture? Shannon Byrne Susko knows so! She joins us on this episode of The Family Biz show and talks about why mastering the "people" side of an execution strategy matters more than you know and that business coaching is so much more than business wisdom – a great coach removes the blind spots you didn't even know you had! This episode is jam-packed with actionable guidance that any...
2022-10-1458 min
The Family Biz ShowBringing Your Own Experience to the Family Business | The Family Biz Show Ep. 66Ep 66. Bringing Your Own Experience to the Family Business Listen in as Steve Davis* of Tapecon talks about the machine that his great-grandfather invented that put the stage girl of yesteryear out of business, the entrepreneurial pivots that the company made over its long history & the "BYOE" (bring your own experience) family charter that drives the family business. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or vis...
2022-09-2758 min
The Family Biz ShowPursuing Evolution, Not Revolution, in Family Business | The Family Biz Show Ep. 65Ep 65. Pursuing Evolution, Not Revolution A Family Biz Show podcast alumni returns! Listen in as guest Nike Anani of African Family Firms talks about supporting the next generation of family business leaders through education and navigation of roadblocks and how to work on the family not for the family. This is a great episode you won't want to miss. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or v...
2022-09-1355 min
The Family Biz ShowGenerating Innovation in Family Business: Balancing Tradition and Change | The Family Biz Show Ep. 64Ep 64 - Generating Innovation in Family Business Listen in as members of the Wetzel* family, Lawrence & Michael*, of Air Innovations discuss the need to constantly seek the advice of others, Michael's unique entry into the family business and a fun story about an exciting design they developed for a major Las Vegas attraction. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz...
2022-08-301h 01The Family Biz ShowGenerating Innovation in Family Business: Balancing Tradition and Change | The Family Biz Show Ep. 64Ep 64 - Generating Innovation in Family Business Listen in as members of the Wetzel* family, Lawrence & Michael*, of Air Innovations discuss the need to constantly seek the advice of others, Michael's unique entry into the family business and a fun story about an exciting design they developed for a major Las Vegas attraction. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz...
2022-08-301h 01
The Family Biz ShowFamily Business Success: It's All About the People | The Family Biz Show Ep. 63Ep 63 - All About The People In Family Business This episode is "Boulter Strong"! Join us as we talk to 5th generation owner Bill S Boulter of Boulter Industrial Contractors about why his company's values go far beyond making sure "everyone just gets home"; that each employee knows their inherent value and worth – and how that reflects in the service provided to their clients. --- If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email...
2022-08-1657 min
The Family Biz ShowEp 60. Doing It Your Way – Advice for the Next Gen of Family Business Leaders with Guest Danielle MercuriEp 60 Doing It Your Way – Advice for the Next Gen of Family Business Leaders Listen in as we talk with Danielle Mercuri*, CEO of DD Hospitality Group and owner of Rise n Shine Diner & Loded in Syracuse, NY about how she inherited Rise n Shine from someone who wasn't "blood family", how she continues the original owner's legacy and yet makes it her own, plus sage advice for the next generation of family business owners that cannot be overlooked. If you're a family business or a family business consultant and want to be on t...
2022-06-2847 min
The Family Biz ShowBusiness Transition and the Trust Factor in Family Enterprises | The Family Biz Show Ep. 59Ep. 59 Business Transition & The Trust Factor Listen in as we talk with 5th generation co-owner of Fee Brothers Jon Spacher* about the near-100 year long history of Fee Brothers, his transition from the insurance industry into the cocktail industry, and the necessity of trust when it comes to family business transitions. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With...
2022-06-1656 min
The Family Biz ShowThe Orchestra of Family Business: Harmonizing Success and Legacy | The Family Biz Show Ep. 58 Ep 58 The Orchestra of Family Business Listen in as we talk with father and son duo Robert & Trevor Stevenson* of Eastman Machine Company about the evolution of their business, the hard decisions they've had to make regarding family members over the years and the intriguing connection they have to a very famous person in history! If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | F...
2022-05-251h 01
The Family Biz ShowThe CADLife of Family Business: Balancing Legacy and Innovation | The Family Biz Show Ep. 57The CADLIFE of Family Business Listen in as we talk with the DiLaura family of CADimensions about their long history of "pivoting" well before COVID-19, the risks of trying to reinvent the wheel when difficulty strikes and their unique company (and family) mission statement they affectionately named CADLIFE. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (famil...
2022-05-171h 09
The Family Biz ShowThe Asset Protection Strategies Most Family Businesses Miss | The Family Biz Show Ep. 56Ep 56 Russ Alan Prince Asset Protection Strategies Missed by many Family Businesses Listen in as private wealth consulting expert Russ Alan Prince* lays out the surprising mindset of many "middle-class millionaires", the asset protection strategies often missed and why it's important to re-evaluate your entire advisory team every few years. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Micha...
2022-05-031h 09
The Family Biz ShowAll with Love: The Heart of a Successful Family Business | The Family Biz Show Ep. 55Ep 55 Bill & Steven Rott of William C Rott & Son Inc. All With Love; The Center of the Family Business Listen in as we talk to guests Bill & Steven Rott of William C Rott & Son Inc. in Buffalo, NY about the draw to join the family business, favorite business memories, their family traditions and why doing everything with great love, for their clients and employees, is at the center of their business model. If you're a family business or a family business consultant and want to be on the show, share your story and he...
2022-04-1954 min
The Family Biz ShowThe World-Saving Power of Philanthropy in Family Business | The Family Biz Show Ep. 54Listen into this exciting new episode with guests Yale Levey*, Ryan Ponsford* and Scott Farnsworth* as we discuss the world-saving power of family philanthropy! The beauty of philanthropy is that there's no financial skill you can't learn through it. We will cover how philanthropy can look very different between families & how the grandparents handle the public image of it (positive or negative) and how philanthropy can bring family members who may not generally have interest in the family business together, simply because of the type of philanthropy they're doing. If you're a family business or a fami...
2022-04-0558 min
The Family Biz ShowGuided by Grandpa's Values: Legacy and Leadership in Family Business | The Family Biz Show Ep. 53Ep 53; Guided by Grandpa's Values – Feldmeier Equipment Listen in as we talk to Colby Clark* and Jennifer Donahoe*, third-generation owners from Feldmeier Equipment of Syracuse, NY about the "big hairy audacious goal" that the family helped execute, the crisis the family rallied around in the mid-2000's and exactly what Feldmeier did alongside Pfizer and Moderna to help get vaccines to the world during the COVID-19 Pandemic. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an emai...
2022-03-2258 min
The Family Biz ShowHow to Develop a Family Council for Stronger Governance | The Family Biz Show Ep. 52 Ep 52. How To Develop a Family Council with Lisa & Jay Daniel of Lodge Cast Iron Join us for one of our biggest episodes yet as Lisa & Jay Daniel* of Lodge Cast Iron (Lodge Manufacturing) talk with us about how to create a family council, catch some truly precious stories of how the Lodge family stays close and how their brand evolved from it's humble beginnings. You may also catch how excited Michael is, now that he learned how to season his cast iron pans. Share this episode with others! If you...
2022-03-0859 minThe Family Biz ShowHow to Develop a Family Council for Stronger Governance | The Family Biz Show Ep. 52 Ep 52. How To Develop a Family Council with Lisa & Jay Daniel of Lodge Cast Iron Join us for one of our biggest episodes yet as Lisa & Jay Daniel* of Lodge Cast Iron (Lodge Manufacturing) talk with us about how to create a family council, catch some truly precious stories of how the Lodge family stays close and how their brand evolved from it's humble beginnings. You may also catch how excited Michael is, now that he learned how to season his cast iron pans. Share this episode with others! If you...
2022-03-0859 min
The Family Biz ShowCreating a Vision for Transition in the Family Business | The Family Biz Show Ep. 51Ep 51. Vision for Transition: Preparing Your Family Business For the Future Listen in as we talk to Chris Yonker, speaker & author, about creating a vision for transition within the family business. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! --------- CRN-4269653-020322
2022-02-1752 min
The Family Biz ShowThe Hybrid Heart: How Human Emotion and Technology Shape the Future | The Family Biz Show Ep. 50 Ep 50. The Hybrid Heart; When Human Emotion Meets Tech Listen in as we talk to Heather Maio-Smith* about the intersection of human emotion with technology for future generations to come and how it can help share what really matters; stories that are the foundation of a family. In this episode, you'll learn: How businesses can utilize next gen tech to support the next gen in the family The history of StoryFile; how Heather wants to provide the ability for future generations to have conversations with Holocaust survivors How Heather balances running StoryFile with her husban...
2022-02-0354 min
The Family Biz ShowMaking Great Things Happen: Unlocking Success in Family Business | The Family Biz Show Ep. 49 Ep 49 – Making Great Things Happen Listen in as we talk to Brian Sessler & Jane Shaffer of the Sessler Companies about what they're most proud of in the family business, how they create positive change through the generations – and the challenges they had to overcome to get there. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our w...
2022-01-201h 15
The Family Biz ShowFamily Succession in Industrial Distribution | The Family Biz Show Ep. 48Ep 48 – Family Succession in Industrial Distribution Listen in as we talk to Jennifer Murphy (5th generation) and her father Dan Judge (4th generation) from NetPlus Alliance, a leader in industrial distribution and a multi-generational family business in Lockport, NY about family succession, what the road into the family business looks like (or doesn't look like) and more! If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family...
2021-12-291h 00
The Family Biz ShowWhen She Has the Money: Women, Wealth, and Family Business Dynamics | The Family Biz Show Ep. 47Ep 47 – When She Has The Money; Exploring the unique experiences of financially diverse couples in family enterprises Listen in as we talk to Dr. Jamie & Evan Traeger-Muney about the variety of values and approaches when it comes to money in family enterprises and the "Three C's" to live by to navigate the territory with love & compassion: The First C: Courage-being courageous in discussing the taboo subject of money and wealth, particularly when the woman comes to the relationship with more money from a family enterprise. The Second C: Curiosity-approaching conversations about our relationship, va...
2021-12-201h 06
The Family Biz ShowThe Angels and Demons of Business Transition | The Family Biz Show Ep. 46 Ep 46: The Angels & Demons of Business Transfer Agreements We had an absolute blast talking about business transfer agreements with lawyers Michael Robinson* and Michael Paiva* and the utter nightmares that can occur when business owners are lulled into complacency and don't prepare one. We had both lawyers discuss valuations, valuations and oh yes, valuations! (But really, so much more). Listen now and share with others! If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email...
2021-11-171h 00The Family Biz ShowThe Angels and Demons of Business Transition | The Family Biz Show Ep. 46 Ep 46: The Angels & Demons of Business Transfer Agreements We had an absolute blast talking about business transfer agreements with lawyers Michael Robinson* and Michael Paiva* and the utter nightmares that can occur when business owners are lulled into complacency and don't prepare one. We had both lawyers discuss valuations, valuations and oh yes, valuations! (But really, so much more). Listen now and share with others! If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email...
2021-11-171h 00
The Family Biz ShowEight Mistakes Family Businesses Make When Selling and Why It Matters | The Family Biz Show Ep. 45Ep 45: 8 Mistakes Family Businesses Make When It's Time to Sell and Why it Matters In this episode, we talk to the author of the "One Way Out" Dan Prisciotta* and discover when selling may or may not make sense to an outside party and how to prepare your business to maximize it's value. We'll also cover: How does the "One Way Out" process work? Obviously, there are many ways to transfer a family business…which one is best for me? What are the 5 Exit Paths and how do I choose one? How do I continue to gr...
2021-11-0158 min
The Family Biz Show831(b) Captive Insurance Plans: Balancing Benefits and Scrutiny | The Family Biz Show Ep. 44 Ep 44: 831(b)/Captive Insurance Plans: Love & Scrutiny During this episode, we'll discuss the 831(b) plans with expert Van Carlson* of Strategic Risk Alternatives, including: Why the IRS recently sent out a "soft warning" letter to 831(b) plans and what it means for Captives. Risk Management utilizing tax code 831(b). How an 831(b) can help businesses weather economic downturns. When a Captive Insurance Company is NOT right for your business. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us...
2021-10-221h 00
The Family Biz ShowFamily Relationships and Succession Planning | The Family Biz Show Ep. 43 Ep 43: Family Relationships & Succession Planning One of Buffalo's Most Powerful Women joins us on this episode of The Family Biz Show. Listen in as we talk to the owner of *Chiavetta Catering, Kathleen Chiavetta about Family Relationships & Succession Planning. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! C...
2021-10-061h 02
The Family Biz ShowTurning Conflict into a Catalyst for Growth in Family Business | The Family Biz Show Ep. 42 Ep 42: How Conflict Can Become a Catalyst For Good Within The Family Enterprise Listen in on another Family Biz Show as we talk all things conflict! Kathy Holub* & Greg McCann* join us as we discuss how it can actually become a catalyst for good within the family enterprise. During this live episode, you'll learn: The three components of a thriving family enterprise. The cost of not dealing with conflict How changing our mindset can better frame your family's involvement with the business. If you're a family business or a family business consultant and want t...
2021-09-171h 03
The Family Biz ShowRecycling and Reinventing for Family Business Growth | The Family Biz Show Ep. 41 Ep 41. Recycling & Reinventing in the Family Business On this episode of The Family Biz Show, listen as we talk to three members of the Shine Family* of Manitoba Corp about the various ways a family business can re-invent itself over the generations to stay fresh and on top. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Pa...
2021-09-011h 07
The Family Biz ShowESOPs and the Family Business: Unlocking Ownership Opportunities | The Family Biz Show Ep. 40 Ep 40 – ESOP's & The Family Business During this episode, we talk to Rob Brown* & Tracy Till* about exiting your business on your terms and the advantages of an ESOP. You'll learn: What an ESOP is and why is it like blowing up a balloon What the advantages & disadvantages of an ESOP are What the family business needs to have in place prior to exit If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@t...
2021-08-191h 00
The Family Biz ShowCoasters & COVID: The Ups and Downs of Family Business | The Family Biz Show Ep. 39 Ep 39 - Coasters & COVID: The Ups & Downs of Family Business Listen in as we talk to Seabreeze Amusement Park owners Rob Norris & Genevieve Brown about the challenges of managing a season-focused entertainment company throughout the duration of the pandemic (the 2nd one in their family history!) – and the new things they learned along the way. You'll learn: How the Norris family successfully survived TWO pandemics; the 1918 flu pandemic & COVID-19. What their vision for success is when it comes to family and their employees. What advice the older 5th generation can give with hopes of succ...
2021-08-111h 05
The Family Biz ShowOvercoming Psychological Barriers to Transition in Family Business | The Family Biz Show Ep. 38 Ep 38 – Psychological and Practical Pitfalls in Family Business Transitions. During Episode 38 of The Family Biz Show, we talk to Dr. Steven Rolfe* & Renee Fellman* about business problems & family dynamics. Major challenges that can occur in transition of the family business Chicken or the egg? What the symptoms of those challenges could look like How to create a family game plan to manage transition The crossover that exists between turnarounds & transitions If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us...
2021-07-291h 02
The Family Biz ShowNavigating Change in the Family Enterprise | The Family Biz Show Ep. 36 Ep 36 - Navigating Change Within the Family Enterprise Listen in as we talk to Nike Anani and Tsitsi Mutendi about the intricacies of navigating change within the family enterprise, specifically the unique challenges that come with building the "generational bridge". During this episode, we will be focused on the following: Succession - building a generational bridge to connect the generations. Governance - shared history, shared values, shared vision. Navigating disruption and business continuity. If you're a family business or a family business consultant and want to be on the show, share your story and help other f...
2021-07-1558 min
The Family Biz ShowSecuring the Future of Your Family Business | The Family Biz Show Ep. 37 Ep 37 - Securing the Future of Your Family Business Listen as we talk to Jack & John Doyle of Doyle Security Systems, Inc.* , about securing the future of your family business by building a strong family culture that lasts. We will cover the following during this latest episode: How to build and maintain family harmony. How to keep both your family strong and your business strong without sacrificing one for the other. How to leverage other people's talents & skills to help grow or transition your business If you're a family business or a family business consultant...
2021-07-141h 02
The Family Biz ShowBaseball, Hotdogs, and the Business of Family | The Family Biz Show Ep. 35 Ep 35 Baseball, Hotdogs & Family Business Listen in for this all-American episode as we talk to the CEO of Zweigle's Inc. Julie Camardo and CEO and COO of the Rochester Red Wings Naomi Silver multi-generational family business success and succession planning. During the episode, we'll cover: How Zweigle's has successfully transitioned into the fifth generation. How Morrie Silver managed to save baseball for Rochester. What their vision for success is when it comes to family, their business and their employees. What advice a fifth-generation owner would give to any company with hopes of successfully transferring the family business to...
2021-06-161h 00
The Family Biz ShowAdvanced Exit Planning Strategies for the Family Business | The Family Biz Show Ep. 34 Ep 34 – Advanced Exit Planning for the Family Business We've got another great show for you! Listen as Josh Patrick & John Brown discuss advanced exit planning for the family business. Josh and John will be focused on the following: What is business exit planning anyway and why does it matter? How John Brown identified exit planning as a need for family business and what's changed over the last 25 years. Why are business owners not interested in business exit planning, but always interested in increasing business profit? How to identify a PERMA-5 and why it's so dangerous. If you...
2021-06-0259 min
The Family Biz ShowEssential Planning Considerations for the Family Enterprise | The Family Biz Show Ep. 33 Ep 33 – Planning Considerations For the Family Business It's a great show this week! Listen in as Gerald Stack and Gary Katz discuss planning considerations for the family business. During this episode, you'll learn: 1. The 8 questions every family business should be asking themselves. 2. How coordinating your estate and business planning can save your family 20-40% in taxes. 3. The 5 questions your attorney and financial advisor should be asking you – if they aren't it may be time for a change. If you're a family business or a family business consultant and want to be on t...
2021-05-2658 min
The Family Biz ShowAdvisory Boards for Family Businesses – Risks and Opportunities | The Family Biz Show Ep. 32 Listen into this week's Family Biz Show as we talk to Mike Sipple Jr. And Alan Aldworth about the pros and cons of running the family business for the benefit of management, rather than for the shareholders and the risks that come with it. During the podcast, we will be focused on the following: How to understand the correlation between the quality of the board and success and sustainability of the family enterprise About the risks most family enterprises miss in the absence of a quality advisory board Governance topics every advisory board should be accountable for an...
2021-05-191h 02
The Family Biz ShowThe Who, Not What, of Family Business | The Family Biz Show Ep. 31 Ep 31 - Who, Not How, for Family Enterprises Listen into the Family Biz Show as Michael discusses how you can have more time, potentially more money and better relationships with one simple paradigm shift. We will cover: Are you asking the right question when starting a new endeavor? The fastest way to expand your capability and efficacy. How the education system "wrongly" conditions family-owned entrepreneurs and how you can positively impact your children and lessen the impact on them. Why this skill is essential for family business leaders and how to get started...
2021-05-1234 minThe Family Biz ShowThe Who, Not What, of Family Business | The Family Biz Show Ep. 31 Ep 31 - Who, Not How, for Family Enterprises Listen into the Family Biz Show as Michael discusses how you can have more time, potentially more money and better relationships with one simple paradigm shift. We will cover: Are you asking the right question when starting a new endeavor? The fastest way to expand your capability and efficacy. How the education system "wrongly" conditions family-owned entrepreneurs and how you can positively impact your children and lessen the impact on them. Why this skill is essential for family business leaders and how to get started...
2021-05-1234 min
The Family Biz ShowWhat to Do When a Family Business Owner Won't Let Go | The Family Biz Show Ep. 30 Join us as Dr. Michelle Clark and Dr. Moira Somers discuss the difficulties around family succession when the leader of the business can't let go. Learn why this happens, what to do if this is a problem in your business, and how not to become that person! During the live podcast recording, we will be focused on the following topics: The impact of family relationships during leadership transitions. "Are you talking about me"? How to self-identify whether or not you're unable to let go. The difference between "helpful" and "hurtful" when the leadership role is transitioning. How not to be...
2021-05-031h 01
The Family Biz ShowThe Importance of the First 100 Days in Your Customer Journey | The Family Biz Show Ep. 29 with Joey Coleman The Family Biz Show Episode 29 - Customer & Employee Experience For Family Business with Joey Coleman Listen as best-selling author of Never Lose a Customer Again, Joey Coleman, shares why it's so important for family businesses to create an incredible customer and employee experience. You'll learn: Techniques to help family businesses leverage the extra trust afford them by both employees and customers Why the first 100 days are so important for customer and employees and what you can do to enhance their experience How to reduce customer and employee turnover and increase bottom line profits How the best compani...
2021-04-121h 04
The Family Biz ShowHow Your "Why" Shapes the Success of Your Family Business | The Family Biz Show Ep. 28 Listen in as members of The Why Institute work LIVE with LaVerne Sessler, a rising 3rd generation member of the Sessler Companies. What you will learn: This week's episode is another you won't want to miss. I have asked Why Institute founder, Dr. Gary Sanchez and coach Chris Kenney to join us to work with LaVerne Sessler, a rising 3rd generation member of the Sessler companies to find his Why, How and What. As The Why Institute says, "before you do anything else in your life or business, you need to know your WHY"...it's the essential fi...
2021-04-0959 min
The Family Biz ShowA Deep Dive into the Three-Circle Model of Family Business Systems | The Family Biz Show Ep. 27 The Family Biz Show Episode 27 A Deep Dive into the Three-Circle Model of Family Business Systems Join us as we chat with Jay Hughes Jr. About... What is the three-circle model and why is it so important in understanding family business systems? What are the potential consequences of ignoring the three-circle model? How should families apply the three-circle model, in terms of, governance and planning? If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email...
2021-03-271h 03
The Family Biz ShowSuccession Planning for Long-Term Family Business Success | The Family Biz Show Ep. 26 We'll talk about: Why many family businesses DON'T have a succession plan. The most important question every family business must answer. The most critical people to lead the succession planning process may not be who you think. A new idea for creating an enduring succession plan that most family businesses should utilize. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Mic...
2021-03-231h 01
The Family Biz ShowManaging Family Owners Who Don't Work in the Business | The Family Biz Show Ep. 25 You'll Learn: How to give voice to the perspectives and challenges of being a non-managing shareholder of a family business? Three (3) best practices for managing dual-role relationships between managing and non-managing family members. Explore 3 ways to engage family shareholders without board or management roles to be constructive and NOT disengaged and mischievous. Learn how family governance can play a role in helping family shareholders be the best cheerleaders for the family business. If you're a family business or a family business consultant and want to be on the show, share your story and help oth...
2021-03-191h 02
The Family Biz ShowSetting Boundaries for a Healthy Family Business | The Family Biz Show Ep. 24 The Family Biz Show: Ep24 Boundaries Within the Family Business Learn what other family businesses are doing to Grow, Communicate, Stay Agile and Continue into the Next Generation. During this live, interactive recording of the podcast you will learn: What boundaries are and why they are important to families in business. Common myths about boundaries. 10 principles for creating and maintaining successful boundaries. How to effectively add boundaries when there aren't any currently in place. If you're a family business or a family business consultant and want to be on the show, share your story...
2021-03-081h 03
The Family Biz ShowFamily Business Succession: When the Next Generation Takes Over | The Family Biz Show Ep. 23You'll Learn: What happens when the controlling generation works with/for the rising generation? How their family business moved from a lifestyle to an equity business. The "messiness" of a family in business together and the differences between generations. How they got the right people in the right seats – even when it was hard. Their keys to 25% annual growth, coming within 1% of the annual budget and surpassing $10M in annual revenue. What mistakes were made along the way, what challenges they still face and their goals for the future. If you're a...
2021-02-2258 min
The Family Biz ShowFamily Is the Heart of a Successful Family Business | The Family Biz Show Ep. 22You'll Learn: What does it mean to say that "families are emotional systems"? What is the practical impact for family business owners and their families of understanding their families as emotional systems? How is it relevant to navigating issues such as ownership of the business, entry into and exit from the business, family employment policies, leadership transitions, and conflicts? How can family business owners use the awareness of families as emotional systems to strengthen their leadership both within their businesses and within their families? If you're a family business or a family business consultant and want t...
2021-02-111h 07
The Family Biz ShowUtilizing Purposeful Trusts to Secure Your Family Business Legacy | The Family Biz Show Ep. 20 You'll Learn: Why having a "family-run business" versus a "family-in business" is so important. Controls vs. roles: Understanding the difference when it comes to family, shareholders and employees when the business is held in trust. The huge impacts of changing what to why when making decisions. The intricacies of creating a trust in perpetuity for the family business. What does it mean to have a GOAL Standard for a trust? Purposeful naming of trusts; and how it can reshape the trajectory for generations to come If you're a family business or a family business consultant and want to be on the show...
2021-01-281h 14
The Family Biz ShowTours of Duty in the Family Business: Building Experience and Leadership | The Family Biz Show Ep 19 What you will learn: How a family business forum can help you navigate the family business. How the family business can shape you. Why it takes a village to run a family business. What it's like when dad sells the business and you're still working there. Understanding, Into and through the family business If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Mi...
2021-01-1457 min
The Family Biz ShowHow to Avoid the Three Biggest Roadblocks in Family Business | The Family Biz Show Ep. 18 What you'll learn: How fear and ego stop family businesses from evolving Opportunity can actually keep you from building value in your company How to evolve a brand and culture without abandoning the past The transforming power of internal alignment Clarity and consistency can lead to exponential growth If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill...
2021-01-081h 03
The Family Biz ShowFamily Business Unscripted: Real Talk on Challenges and Success | The Family Biz Show Ep. 17 I have asked Courtney Pullen to join us and work with me and my parents, Marty and Maureen Palumbos – they hesitantly agreed. My parents and I have massaged and updated their estate plan for several years. At a high level the plan is for a portion of their estate to be divided among their four kids, a portion to fund a family foundation and then there is a life insurance trust designed to cover the expenses for Palumbos Family Vacation (PFV) for many years after my parents pass. They have personally funded PFV for over 20 years as a way for the fami...
2020-12-311h 03The Family Biz ShowFamily Business Unscripted: Real Talk on Challenges and Success | The Family Biz Show Ep. 17 I have asked Courtney Pullen to join us and work with me and my parents, Marty and Maureen Palumbos – they hesitantly agreed. My parents and I have massaged and updated their estate plan for several years. At a high level the plan is for a portion of their estate to be divided among their four kids, a portion to fund a family foundation and then there is a life insurance trust designed to cover the expenses for Palumbos Family Vacation (PFV) for many years after my parents pass. They have personally funded PFV for over 20 years as a way for the fami...
2020-12-311h 03
The Family Biz ShowMastering Communication in the Family Business | The Family Biz Show Ep. 16 What you will learn: Why discussing the business or the wealth can be tougher than having the "Birds and Bees" talk and what happens if you don't. The good, the bad, and the ugly of family conflict How equal and equitable can be a challenge within families and the secrets to navigating them. Who would benefit from a facilitated family meeting and why? If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit...
2020-12-301h 12
The Family Biz ShowThe Hot & Cold of Two Family Businesses | The Family Biz Show Ep. 15 What you'll learn: How Isaac Heating and Air Conditioning has successfully transitioned into the third generation. How the Daniele Family manages businesses in two very different states. What their vision for success is when it comes to family and their employees. What advice a third generation company would give to a second generation (G2) company with hopes of successfully transferring the family business to generation three (G3) If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to produc...
2020-12-2159 min
The Family Biz ShowIs Your Buy/Sell Agreement Protecting Your Family Business? | The Family Biz Show Ep. 13 Is Your Buy Sell Agreement Any Good? During this episode we will be focused on the following topics: Horror stories of buy sell agreements that failed the family and the business. Why using valuation formulas is a fool's errand. 4 of the most significant issues with buy sell agreements, which ones are in yours? The critical steps you must follow before signing a buy sell agreement. Why fundamental fairness is so important in a buy sell agreement? If you're a family business or a family business consultant and want to be on the show, share your story and...
2020-12-101h 02
The Family Biz ShowHow Family Philanthropy Can Strengthen Your Family Business | The Family Biz Show Ep. 12 How Family Philanthropy Can Strengthen your Family and Your Family Business What you'll learn: What is effective philanthropy and why does it matter to your family and its business? How giving can benefit the family business as well as the causes you support? Why "top down" philanthropy and "top down" succession planning are limited and not sustainable? What are the top five skills the rising generations can learn from family philanthropy? How can issues, such as lack of communication, differing values and lack of trust, that develop in the rising generations be lessened or potentially mitigated using fami...
2020-12-031h 03
The Family Biz ShowFive Ways to Ensure Your Family Business Thrives During Hardships | The Family Biz Show Ep. 11 Five Ways to Ensure Your Family Business Survives & Thrives Through Another COVID 19 Wave What you'll learn during this episode: What objective science and multi-sourced data are showing us right now - and what it means and why it matters to your family enterprise in the next 12-24 months. How your own objective mindset about the virus - and depoliticizing your reference points around the virus - could hold the key to your business survival, and your ability to craft an effective plan through a second virus wave. Why - and how - multi-generational family businesses may be...
2020-11-261h 02
The Family Biz ShowStrong Families Survive Tough Times | The Family Biz Show Ep. 10Strong Families Survive Tough Times What you'll learn: Strong families major in the majors. What are the majors? Why family meetings are a necessity and how to conduct a meaningful meeting. How to create a family entrepreneurial mindset and why most entrepreneurs fail at doing it. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) t...
2020-11-1859 min
The Family Biz ShowThe Return on Trust and the Multiplier Effect in Family Business | The Family Biz Show Ep. 9 What you'll learn during this episode: The "unfair" advantage family businesses have over non-family owned competitors What really motivates people? Why family businesses should utilize trust as a leading KPI. The foundation you needed to increase your return on trust. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form!
2020-11-121h 03
The Family Biz ShowTen Critical Initiatives for Family Business Longevity | The Family Biz Show Ep. 8Ten Critical Initiatives For Family Business Longevity During this episode, you'll learn: How do you know when it's time to grow the business, transfer it, or sell it? What business strategies need to be implemented now to ensure future family business success tomorrow? What are the common mistakes made in managing and then transitioning family businesses to the next generation? If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit...
2020-10-121h 01
The Family Biz ShowFour Ways to Leverage Crisis and Strengthen the Next Generation | The Family Biz Show Ep. 74 Ways To Leverage Crisis To Strengthen The Next Gen During this episode, you'll learn: 1. Why sharing the company story means more today than any other time? 2. How to actively involve the next generation. 3. Actions you can take today, as the leader, to amplify the smarts and capabilities of the Next Gen. 4. The mindsets that are holding family business leaders back and contribute to failed transitions. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, s...
2020-10-011h 00
The Family Biz ShowHow Family Business Leaders Build and Lead Incredible Teams | The Family Biz Show Ep. 6 Ep. 6 How Family Business Leaders Can Create and Lead Incredible Teams During this episode, you'll learn: The first decision every growing company must get right How to manage family members, and balance the family and non-family team. Traits to look for in new team members and how to interview for them. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3248011-091820
2020-09-241h 01
The Family Biz ShowWhy Family Business Consultants Struggle Behind the Scenes | The Family Biz Show Ep. 5Why Family Business Consultants Cry Themselves to Sleep At Night If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3193535-080620
2020-09-171h 01
The Family Biz ShowFamily Governance During the COVID-19 Crisis | The Family Biz Show Ep. 4Family Governance During the Covid-19 During this episode, you will learn: How what's going on right now is a good test of family governance. The five silver linings of this crisis. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3193529-080620
2020-09-101h 02
The Family Biz ShowStrengthen and Grow Your Family Business | The Family Biz Show Ep. 3Strengthen and Grow your Family Business During this episode we will be focused on the following three questions: How can my company pivot to flourish now and post-COVID "normal"? What have other family firms done to survive and thrive during this crisis? Do you have any other ideas that the family should be thinking about during the economic downturn? If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The...
2020-09-031h 05
The Family Biz ShowHow to Strengthen and Grow Your Family Business in Uncertain Times | The Family Biz Show Ep. 2How to Strengthen and Grow your Family Business in Uncertain Times What you'll learn: How can my company and I pivot to flourish now and post-COVID "normal"? What have other family businesses done to survive and thrive during this crisis? Any other ideas that the family should be thinking about during the economic downturn? If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show...
2020-08-2753 min
The Family Biz ShowWelcome to The Family Biz Show | Episode 1Welcome to the first episode of The Family Biz Show! Each episode, we'll feature top industry experts and family business owners to share their wisdom and stories around all things family business - succession and transition planning, exit planning, conflict & crisis mangement, and best of all, favorite family traditions and thoughts on how everyone can balance work and family. Share our episodes to help us grow and tag us with #thefamilybizshow! FOLLOW THE FAMILY BIZ SHOW Family, Wealth & Legacy Website: https://www.familywealthandlegacy.com Facebook: https://www.facebook.com/te...
2020-08-1205 min