You need to constantly improve if you want to win in today’s hyper-competitive market. No one, I mean no one, can sit back and rely on their past successes as a guarantee of future success. Nowhere is that more risky than in a family business! So many families believe their family’s reputation and success will […]
Family Business Communication
Communication is key in every family business. Find ways to overcome or circumvent the problems that can arise when communication breaks down.
Learning to use sound judgement is like most other qualities of great leaders and successful people — it comes with thoughtfulness, discipline and practice. As family leaders it’s your job to create the right learning environment for your family. Here are four simple steps: Model the Behavior The family is always watching its leaders. Opportunities […]
The most successful and sustainable businesses have a strong culture for goal setting and accountability. Most of my family business clients want to have the freedom and autonomy to do things “their way” and not be a task driven (big corporate) culture. I agree with their vision AND encourage them to realize goal setting is […]
The fourth Sunday of every July is National Parents’ day. This holiday was started in 1994 specifically to honor the importance of parenting in child rearing. In this short video Coach Pete shares 10 practices you can focus on with your parents in honor of this important day.
How many championship sports teams succeeded without ever practicing? NONE. A family meeting is an important ingredient toward creating a strong, healthy business team. In this short video, Coach Pete gives you direction on the top 15 subjects you should discuss with your family business team!