In this episode, Trey Travis, third-generation leader at Bremen, Ga.-based Southeastern Hose, discusses growing up literally inside the Atlanta hose and corrugated metal fabricator his grandfather started in 1963, and why learning to communicate as a family, not just as a leadership team, turned out to be the hardest part of scaling the business.
In part 2 of our conversation with Shane Foye, second-generation president of Peachtree Corners, Ga.-based site services company DW1, he talks about the friction of building his family's own software platform from scratch and the difference between knowledge and wisdom when a younger leader pushes change on a team that's been doing things one way for decades.
Also, Jamie Shah, family business advisor and author of Family Business Magazine's FWIW column, discusses what to do when you've just been named CEO of your family's business and have to negotiate your own compensation with no board and no market benchmark to lean on.
Interested in being a guest or have a topic you’d like to hear us discuss? Contact host Zack Needles, editor-in-chief of Family Business Magazine, at: zneedles@familybusinessmagazine.com.
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