Lee Watson started his equipment rental business, Kachina Rentals in 1974 in Sacramento, California. Lee has always prided himself on the fact that he has the largest rental fleet and the most competitive prices in the region. No one has a better rental business in the area. Lee is now in his mid-70s and is […]
Resolving Family Business Conflict
Conflict is inevitable in every business. In a family-owned business personal and professional relationships can manifest in unique conflicts. Those conflicts that hold a family business back, when addressed, put not only the business, but family relationships on a healthy track.
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 […]
In April 2010, I was introduced to Ron Harper, the patriarch of a very successful Aerospace manufacturing business. Ron wanted help developing his sons and daughter as he prepared for his eventual retirement from the business. Great Dads Realize The Necessity of Future Leaders Ron was one one of the brightest visionaries I had met […]
The realities of, and tools for dealing with, the challenges that sibling rivalry can create in a family business.
If you want to be a Hall of Fame business owner you need to strengthen your resilience. Check out 6 concrete ways to build your personal resilience and be ready for all the challenges that are a part of business. 6 concrete ways to build your personal resilience and be ready for all the challenges that are a part of business. Being a part of a family business can even more challenging and require even more focus on being able to bounce back from challenges and disappointments.