How to Fire Your Family: The Ins and Outs of a Multigenerational Business with Chad Felderhoff
Chad Felderhoff and his brother Mitch run the multigenerational animal food manufacturer company, Muenster Milling. While Chad knew one day he'd be a part of carrying on the family business, he never imagined it would entail such difficult moves as firing his own parents, or such wild marketing campaigns like watching his brother eat nothing but dog food for 30 days, but that's exactly what happened.
In this episode Chad shares his own robust family history while applying the lessons they carry to the challenges of today's business climate. He also talks about the intricacies of working closely with family members, and offers advice for anyone doing the same. Chad's story is yet another example of how the American Dream is built and passed on to generations, and how each generation makes it their own.