Ep 41. Re-Cycling & Re-Inventing in Family Business with Guests The Shine Family
Release Date: 09/01/2021
The Family Biz Show
Ep 89. The Future is Now: Talking Next Gen Family Business Readiness In this episode of The Family Biz Show, Shelley Taylor of Aspen Family Business/ABARTA joins us to discuss the importance of planning for the future of a family business, including the need for control and financial planning, the challenges of giving up control and the emotional attachment entrepreneurs have to their businesses. Shelley shares her experience of involving spouses in family business discussions and the value of seeking outside expertise, her thoughts on the importance of education and learning...
info_outlineThe Family Biz Show
Ep 88 - Successfully Navigating Family Business Dynamics In this episode of The Family Biz Show, Eric Slatten of ECS International joins us to talk about his journey into his family business, the importance of company culture, why it’s important to seek outside help, and how to build trust within a team. Eric also discusses the challenges his family business is facing and his strategies for overcoming them. Don’t miss this one! OUR GUEST ERIC SLATTEN* Eric Slatten has over 15 years of experience in the electronic component industry. He began his endeavors at...
info_outlineThe Family Biz Show
Ep 87. Lessons from Brazilian Jiu-Jitsu; How to Successfully Lead a Family Business In this episode of the Family Biz Show, we talk to Christi Redfearn, a member of family-owned commercial janitorial company Redlee/SCS. Christi shares her journey of joining the family business and the history of the company, the struggles she faced, such as making payroll and dealing with cash flow issues, company growth and how they expanded into new markets. She also shares her favorite family traditions and how she has taken lessons in management from practicing Jiu-Jitsu! OUR GUEST ...
info_outlineThe Family Biz Show
Ep 86. Building The Best: How MAC Products is Revolutionizing the Welding Industry In this episode of The Family Biz Show, CEO of Mac Products Eddie Russnow joins us and talks about the challenges his company has faced, including taking gambles on new products and solutions, and how they have become known for providing solutions to customers' pain points. Eddie also covers the transition of leadership within the family business, how he prepared heirs for the assets they will inherit, and the importance of company culture. Lastly, he shares his top priorities for the next 12 months,...
info_outlineThe Family Biz Show
Ep 85. Creating a Culture of Giving: The Spiritual Capital of a Family Bank On this incredibly feel-good episode of The Family Biz Show, three-time returning guest Jay Hughes Jr. joins us to talk about his experience working with families and his passion for helping them flourish and evolve. Jay explains the idea behind the Family Bank and how it can help families manage their wealth and legacy, emphasizing the importance of growing spiritual and social capital within the family, rather than just focusing on the financial. Don’t miss another one of Jay’s episodes with us, as they’re...
info_outlineThe Family Biz Show
Ep 84. Injecting Humanity into The Employee Experience On this episode of The Family Biz Show, we welcome back returning guest Joey Coleman* about his new book, "Never Lose an Employee Again," which focuses on the employee experience and the eight different phases an employee goes through. Joey discusses the importance of recognizing the emotional and mental journey of being an employee and how it is crucial to create a remarkable employee experience to have happier customers. Joey explains the eight phases of the employee journey & the need for personal and emotional connections...
info_outlineThe Family Biz Show
Ep 83. Navigating the Complexities of Family Wealth: From Family Business to Family Office On this episode of The Family Biz Show, Kirby Rosplock*, founder of Tamarind Partners, shares her journey growing up in a multi-generational family business and becoming a consultant. We covered topics such as the history of Kirby's family business, challenges faced by women in patriarchal family businesses, and planning for the future of family wealth. Kirby also discusses managing wealth and services available for families with varying net worth. Don’t miss this unique episode & share...
info_outlineThe Family Biz Show
Ep 82. Investing in Success; The Power of Human Capital in Family Business Sustainability On this episode of The Family Biz Show, we talk to Dr. Jamie Weiner and discuss the challenges faced by children of successful parents, including the pressure to measure up to achievements and the importance of finding one's own path. Jamie shares stories of breaking moments that lead to personal growth and finding their own purpose that lead to their own success. Don’t miss this one! OUR GUEST DR. JAMIE WEINER Dr. Jamie Weiner*, author of The Quest for Legitimacy: How...
info_outlineThe Family Biz Show
Ep 81 – Driving Success: How Ken Johnson Is Paving the Way for the Future of the Logistics Industry On this episode of The Family Biz Show, we sat down with local logistics giant Ken Johnson, the CEO of Leonard’s Express. Ken delves into his personal life to explore his favorite family traditions and the unique ways they’ve created lasting memories. He also discusses the challenges of running a family business; from navigating conflicts and the importance of having “the right people in the right places” to scale a company. This episode is packed with great stories about how...
info_outlineThe Family Biz Show
Ep 80 – Phoenix Rising: How Stephanie Stuckey Reclaimed Her Family Business We’re going absolutely nuts over our latest guest, Stephanie Stuckey, as she joins us to share her story about taking back & growing the family business after a extremely successful career in law, the values that shape Stuckey’s and how important it is for family businesses to keep those values while at the same time, needing to evolve how they are presented to stay generationally relevant. There’s so much more packed within the hour, so don’t miss it! OUR GUEST Stephanie...
info_outlineEp 41. Recycling & Reinventing in the Family Business
On this episode of The Family Biz Show, listen as we talk to three members of the Shine Family* of Manitoba Corp about the various ways a family business can re-invent itself over the generations to stay fresh and on top.
This Weeks Guests
RICHARD W. SHINE
Richard grew up in Amherst, NY and attended Amherst Central High School. He attended St. Lawrance University in Canton, NY for his freshman and sophomore years. He transferred to the University of Buffalo to pursue a business degree, graduating in 1964. While at UB he participated in Air Force ROTC and was commissioned a 2nd Lt. in the USAF in September of that year. He attended pilot training and served six years flying missions all over the world including spending his final active-duty year in Vietnam. Upon release from active duty in 1970, he found that his intention to become an airline pilot would be a very difficult path since the airlines had hired so many pilots in the prior three years. Thus, he joined his father’s small local business recycling metals. Manitoba Corporation only had a total of four employees at that time not including ownership. They served an area of less than 20 miles from their facility. He quickly realized that we were strictly a middleman and had no machinery to process metal and worse, many of the accounts the company had, were leaving Western New York in the mid 1970’s. To survive he leaned upon his training as a pilot and purchased a small airplane with which he and his partner could use to make sales calls very efficiently but still be able to spend the majority of his time overseeing the activities of the company. The company began to grow and expand and continues to do so today. Over the years they added a great deal of machinery and equipment as well as personnel. The trading area of Manitoba grew to encompass much of North America and some overseas business as well. He continued to fly for the Air Force Reserves and retired with 26 years of service and the rank of Colonel. Over the years, Manitoba owned and operated a number of different airplanes to support their business. In 2009 Richard was invited to join the board of directors of the National Business Aviation Association (NBAA) an organization which promotes and supports the use of airplanes for business purposes. Richard felt that the use of a business aircraft not only was responsible for Manitoba’s growth, but for the company’s very survival and he wanted to give back something to this industry through participation in this organization. He eventually was elected chairman of NBAA and served in that capacity for two years. Recently, he sold his company shares to his sons but remains active in the daily operation of the company.
BRIAN SHINE
Brian Shine represents fourth generation nonferrous metals recycler as CEO of Manitoba Corporation, which operates two plants: Lancaster (Buffalo), New York, and St. Louis, Missouri, with a primary focus on processing high-grade copper scrap.
Shine just completed a two-year term as Chairman of the Institute of Scrap Recycling Industries (ISRI) which is a national trade association based in Washington, DC representing 1300 member companies.
Shine graduated with a bachelor’s degree in Business Administration from Bowling Green State University and also obtained a certificate from the Center for Entrepreneurial Leadership at the University of Buffalo, where he has since mentored a dozen candidates through the program. He also is a member of the Young Presidents Organization and a graduate of Leadership Buffalo.
Brian is married to Lynne and has three sons, Sam, Jake, and Drew.
ADAM SHINE
Adam has worked in the recycling industry for over 11 years and grew up around it, as he represented the 4th generation at Manitoba Corporation. One of his main responsibilities is running day to day operations at Sunking Inc*, which focuses on Electronics Recycling. Over the past several years, Adam, along with others, have helped Sunkin expand from processing 12 million lbs annually to over 25 million lbs today. The increased throughput saw Sunking expand from a 140,000 sqft faciity to a new state-of-the-art 204,000 sqft facility with automated processing capabilities. Prior to entering the recycling industry, Adam traveled globally selling and implementing software systems to five-star hotels and resorts. Adam has a love for all things technology and often tries to incorporate it in business where and when it makes sense. In his spare time, Adam coaches his sons ice hockey team and enjoys time with his family. Adam also serves on the advisory board for Camp Good Days and Special times, an organization he cares about deeply.
- President of Manitoba Corporation
- Vice President of Sunking and Utility Recyclers International
- Vice Chair of ISRI Electronics Division Committee
- Membership Chair of the ISRI Empire Chapter
- Member of the REMADE Governance Board
- Member of the REMADE Strategic Advisory Committee
- Leadership Buffalo Rising Leaders Graduate 2009
- University of Buffalo School of Management Center for Entrepreneurial Leadership Graduate 2012
----------------
*Not affiliated with Lincoln Financial Advisors Corp.
Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies.
Family Wealth and Legacy LLC is not an affiliate of Lincoln Financial Advisors Corp.
CRN-3736438-082721