Cathy Carroll is the granddaughter of an entrepreneur who led a Fortune 500 company and the daughter of an entrepreneur. She led a turnaround of her father's manufacturing business and encountered the distinctions between leadership in a corporate domain and leadership in a family business. She founded Legacy Onward, Inc. to support family business leaders through the complexities of family business leadership. Her book Hug of War: How to Lead a Family Business with both Love and Logic is out now.

Rebecca and Cathy discussed the complexities of leadership in family businesses, with Cathy sharing her insights from her experience leading her father's business and her book, "Hug of War, How to Lead a Family Business with both Love and Logic." They explored the concept of 'hug of war' and the importance of balancing the business and family mindsets in a family business. The conversation also touched on the concept of integrating opposing mindsets, the role of shadow influencers, and the challenges of leadership and ownership succession in family businesses.

Mentioned in the podcast: Navigating Polarities with Andiron