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Family Business/Business Family


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  • 52. Episode 52: Flipping the Switch | When Resistance Is Really Wisdom | The Paycheck Nobody Wants to Discuss at the Dinner Table

    41:20||Ep. 52
    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.Don’t miss an episode! Follow Family Business/Business Family on YouTube, Apple Podcasts, Spotify, Amazon Music or wherever you get your podcasts.

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  • 51. Episode 51: First Friction, Then Trust | How 4 Co-Presidents Co-Exist | 600 Kids, Same Founding Values

    34:36||Ep. 51
    In this episode, Shane Foye, second-generation president of DW1, the Atlanta site services company his father built, talks about growing up with the business literally operating out of his childhood bedroom and the pushback he faced building DW1’s own software platform instead of buying off the shelf.In part 2 of our conversation with Mike and Jon Abt, two of the four sibling co-presidents running their family’s 90-year-old Chicago retail business Abt, they explain how they make major calls — including on AI — without a board, why they’ll let one brother run with an idea the others aren’t sold on and what they hope the fourth generation takes from the culture put in place by their father.Also, in part 2 of our conversation with Keri Neidig and her son Ethan Neidig, they talk more about Greater Lehigh Valley Athletics, the no-travel, no-tryouts youth flag football league run by three generations of their family. They discuss preserving GLVA’s values as the league has grown to nearly 600 kids.
  • 50. Episode 50: 'Grow or Die’ | Mental Health as a Boardroom Issue | A League of Their Own

    42:04||Ep. 50
    In this episode, Mike and Jon Abt, G3 sibling co-presidents of Abt, share the philosophies behind their family’s 90-year-old Chicago retail business: say yes to any reasonable customer request, “grow or die" and never lie. In addition, this episode features more of our conversation with Abhinav Jindal, a G2 leader of Jindal Group’s hospitality portfolio. He makes the case for treating mental health as a boardroom issue and discusses his own experience learning to speak calmly with his father instead of bracing for conflict. Also, mother and son Keri and Ethan Neidig discuss building Greater Lehigh Valley Athletics, a family-first youth football league with no fundraising or tryouts. They discuss the origins of the league and what it's like running it alongside three generations of family.
  • 49. Episode 49: Building an Identity Beyond the Family Name | Making Family Wealth Make Sense | When Ownership Becomes Onerous

    42:04||Ep. 49
    In this episode of the “Family Business/Business Family” podcast, we chat with Abhinav Jindal, a G2 leader of family-owned Jindal Group's hospitality portfolio. He discusses why his father talked him out of taking an outside job before joining the company. He also opens up about learning to separate his self-worth from his last name. Also in this episode, we continue our conversation with Camille Johnson, Haslam Family Liaison at HF Capital, the Haslam family office. Camille discusses how she gets the youngest members of the family invested in its history long before they're old enough for ownership decisions, why educating the senior generation can matter just as much as educating the next one and what she's found to be both the hardest and most rewarding part of her job. And we’re joined once again by Contributing Editor Dennis Jaffe, who returns to unpack his latest column on the responsibility of ownership.
  • 48. Episode 48: Starting a Family Office From Scratch | Ranching Isn't 'Yellowstone' | Wearing Multiple Hats in the Family Business

    45:38||Ep. 48
    In this episode, we sit down with Camille Johnson, family liaison at HF Capital, the Haslam family's family office. She discusses the office's 2020 founding amid the family’s sale of Pilot (which operates the Pilot Flying J travel centers and truck stops), how it's grown from three employees to a team serving 43 family members across four generations and why she believes in starting imperfectly rather than waiting for the perfect plan. We also continue our conversation with husband-and-wife team Luke and Catherine Neumayr, G7 ranchers at V8 Ranch. They discuss how their business differs from the version of ranching most people know from “Yellowstone,” how they're raising their son to a G8 rancher and why patience matters more than boldness in their industry. Also, Jamie Shah, G2 president of Chem-Impex and an adjunct professor at the University of Chicago Booth School of Business returns to talk about her latest column on "hat switching" in a family enterprise.
  • 47. Episode 47: No Retiring on the Ranch? | How ‘Shadow Governance’ Can Help Succession | Protecting Family Relationships

    44:50||Ep. 47
    In this episode, we sit down with husband-and-wife team Luke and Catherine Neumayr, seventh-generation ranchers at family-owned V8 Ranch. They discuss the unique realities of succession in agriculture, why ranchers often never truly retire, how they each found their way into the family enterprise and how they're blending tradition with modern marketing to help position the ranch for the future. We also continue our conversation with Total Office Solutions Co-Founder Linda Monette and her daughters Amy Monette Linton and Megan Monette McDaniel, who share how their family handles conflict, balances work and family life and approaches succession. And family business advisor and MLR Media Conference Chair Peter Begalla explains the concept of "shadow governance" and how rising-generation family members can begin practicing collaborative decision-making before formally taking the reins.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@www.familybusinessmagazine.com.
  • 46. Episode 46: The Big Move From G1 to G2 | A Complicated Founder-Son Relationship | Evolving Without Abandoning Values

    49:12||Ep. 46
    In this episode, we sit down with two generations of leadership at Total Office Solutions, a family-owned provider of comprehensive office services from workplace planning, furnishing, and technology to moving and decommissioning. Sisters and G2 leaders Amy Monette Linton and Megan Monette McDaniel, along with their mother, Co-Founder and Co-Principal Linda Monette, discuss the ongoing transition from G1 to G2 and their approach to growing a business that has employed generations of multiple families aside from their own.In addition, this episode features more of our interview with David Kolbe and Amy Bruske, step-siblings and G2 leaders of Kolbe Corp., a behavioral assessment company built by the descendants of Eldon Wonderlic, creator of the Wonderlic Contemporary Cognitive Ability Test. They discuss what makes their co-leadership dynamic work.This episode also features part 2 of our conversation with Travis Hollman, G2 CEO of Hollman Inc., the world’s largest locker manufacturer whose clients include the major pro sports leagues, Apple and Nike. Hollman (who some listeners might know as the husband of “The Real Housewives of Dallas” alum Stephanie Hollman) talks more about his difficult journey taking over from his brilliant but complicated founder-father and discusses what he envisions for the future of the family business.