Epiphany & The Mud Run: Overcoming Obstacles in Family Business | The Family Biz Show Ep. 105
Release Date: 07/10/2024
How Three Generations Built a Thriving Tile Business | The Family Biz Show Ep. 111
The Family Biz Show
In this episode of The Family Biz Show, host Michael Palumbos welcomes three generations of the Firkins family, owners of Tile Wholesalers, to discuss the evolution of their family business over 52 years. From launching as a one-man tile distributor in the 1970s to becoming one of upstate New York’s leading residential and commercial tile providers, the Firkins family shares a powerful story of generational leadership, trust-based succession planning, and strategic growth. Al, Dave, Kathryn, and Conor Firkins reveal how they’ve handled leadership transitions, embraced new technology,...
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Leadership Tensions in Family-Owned Businesses | The Family Biz Show Ep. 110
The Family Biz Show
In this episode of the Family Biz Show, host Michael Palumbos is joined by executive coach and author Cathy Carroll to explore the emotional and strategic tensions unique to leading a family-owned business. Drawing on personal experience and her new book Hug of War: How to Lead a Family Business with Both Love and Logic, Cathy reveals how families can navigate leadership challenges, intergenerational conflict, and complex relationship dynamics with clarity and compassion. The conversation dives deep into the concept of polarities—opposing truths that both carry value—and how recognizing...
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Buying a Family Business: How Michael Bower Revived a Struggling Company | Family Biz Show Ep. 109
The Family Biz Show
In this episode of the Family Biz Show, Michael interviews Michael Bower, who shares his journey of acquiring and revitalizing Eagle Metal Craft, a multi-generational family business. They discuss the challenges of succession planning, the importance of maintaining a strong company culture, and the impact of family dynamics on business operations. Bower reflects on his experiences navigating the complexities of a declining business, the significance of mentorship, and the strategies he implemented to professionalize the company and drive growth. The conversation emphasizes the need for clear...
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The Art of Selling: Insights from a Sales Maven Ep. 108
The Family Biz Show
After a long haitus due to a company transition, we're back with episode 108! In this episode of the Family Biz Show, Michael interviewed Nikki Rausch of the Sales Maven, who shares her journey from a successful sales career to becoming a sales consultant. They discuss the importance of hiring the right salespeople, understanding the sales process, and the differences between marketing and sales. Nikki introduces her Selling Staircase framework, emphasizing the need for curiosity in sales conversations and the importance of training for business owners and their teams. Some major topics...
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Preserving Legacy & Embracing Change: The Isaac Family Business Story Ep. 107
The Family Biz Show
What does it take to transition a multi-generational family business into new ventures while preserving its legacy? In Episode 107 of the Family Biz Show, we welcomed Ray Isaac, formerly of Isaac Heating and Cooling, now with Northwinds Services Group. Ray shares his journey of transitioning from a well-known family business in Rochester, New York, to exploring new opportunities. The episode delves into the complexities of managing a family business, the importance of maintaining a strong legacy, and the challenges of navigating transitions. Ray...
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From Finance to Fry Plates: A Family Business Success Story | The Family Biz Show Ep. 106
The Family Biz Show
Ever wondered what it takes to transform a family dream into a thriving business? In this episode of the Family Biz Show, Michael sits down with Connor and Dan Sullivan, the dynamic brother duo behind Bumpa's, a unique gastropub nestled in the heart of Charleston, South Carolina. The Sullivans recount their bold leap from stable careers in finance and corporate real estate to the unpredictable world of hospitality. They share the intricate process of renovating a historic building, navigating the challenges of opening during a pandemic, and crafting a menu that...
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Epiphany & The Mud Run: Overcoming Obstacles in Family Business | The Family Biz Show Ep. 105
The Family Biz Show
Episode 105 – The Epiphany & The Mud Run On this episode of The Family Biz Show, president of Williams Fence Dan Willams shares his journey into the family business, the values he learned along the way that continue to shape it, the evolution of his company & the impact of the ‘08 market crash. For family business owners and aspiring entrepreneurs, Dan's experiences provide a roadmap for achieving personal and professional fulfillment while maintaining the legacy and values of their family business. ----- If you’re a family business or a family...
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Ep. 104 Major Components of Family Business Exit Planning
The Family Biz Show
Episode 104 - Major Components of Family Business Exit Planning John Leonetti*, from the International Exit Planning Association, joins us in this episode to discuss the importance of exit planning for family business owners. He shares his personal journey and the challenges he faced when trying to plan for the succession of his family business. John emphasizes the need for proactive planning and highlights the three components of exit planning: personal readiness, company readiness, and market timing. He also introduces the six-step process for exit planning, which includes goal...
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Ep 103. Pivoting from Private to Public in Family Business
The Family Biz Show
Episode 103 - Pivoting from Private to Public in Family Business Nisha Balwani shares her journey as a second-generation CEO in her family business, RCI Technologies on this episode of The Family Biz Show. Nisha discusses the challenges and successes of the succession process, including the importance of clear communication and transparency, the need for patience and the value of bringing in outside expertise for exit planning and wealth management as well as the significance of being part of a CEO peer group for support and guidance. The conversation covers topics...
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Ep 102. From Zero To Millions; Growth in Family Business
The Family Biz Show
Episode 102 – From Zero To Millions; Growth in Family Business Matt McCauley* CEO of LogoBrands joins us on this episode of The Family Biz Show. He discusses his beginnings in the business, from starting in a garage to growing into a multi-million dollar company. He also doesn’t shy away from talking about the challenges of working with family members and the transition from father to son in the business. Matt also talks about the importance of licensing and expanding into new product categories, the significance of maintaining company culture and core values, as well as the...
info_outlineEpisode 105 – The Epiphany & The Mud Run
On this episode of The Family Biz Show, president of Williams Fence Dan Willams shares his journey into the family business, the values he learned along the way that continue to shape it, the evolution of his company & the impact of the ‘08 market crash. For family business owners and aspiring entrepreneurs, Dan's experiences provide a roadmap for achieving personal and professional fulfillment while maintaining the legacy and values of their family business.
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If you’re a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to [email protected] or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form!
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