"Family Business" ... makes no sense! Introduction (Part #1)
Description
Anybody choosing to combine a family with a business is nuts. Almost everything needed to create business success conflicts with the basic needs of a happy family.
Because "Family Business" makes no sense, for every success there are at least 10 failures. That's sad and, in a lot of cases, entirely avoidable.
What separates success from failure? Hint: it's definitely not Luck.
Successful, multi-generational Business Families put a lot of careful thought and effort into doing the right things at the right time, while avoiding doing the wrong things, most of the time: (a) in their business, (b) in their family, and (c) between the two.
They're committed to achieving long-term peace and prosperity in both their families AND their businesses, and refuse to sacrifice one to benefit or sustain the other.
This is the essence of Family Business Best Practice - applying proven and relevant knowledge, focus, skill, and discipline to both family businesses and the business families that sit behind them.
This series focuses on family conflict - a primary cause of family business failure - where either the family, the business, or both, fail.
I'll share my learnings from almost 3 decades of working as a Solutionist with real Business Families - by exploring 50 of the most common causes of conflict I've dealt with. I'll also explain how to prevent, avoid, and resolve those conflicts. It's my belief that, for every acknowledged problem, a solution can be found, or constructed.
My goal is to make more sense of "Family Business" - for family and business leaders; for anyone trapped inside a family business, and for anyone trying to help or advise family businesses.



