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Family Business/Business Family
Episode 53: From Gravel Pits to Family Trusts | The Regal Way | Hiring for the Next 30 Years
In this episode, we chat with Eric Corliss, a fifth-generation steward of Corliss Management Group, a private real estate development and investment firm that evolved from his family's sand, gravel and concrete business. He talks about buying out his uncle's stake in 2019, moving the family's ownership into trusts, and why he and his brother ultimately decided to sell the operating business they grew up around.
We also sit down with Ryan Reigle, G4 chairman of the board and CEO of cookware and kitchen product company Regal Holdings. He talks about what patient capital actually means day to day, the internal framework he built called the "Regal Way" and how 115 years of institutional memory shapes the way his company responds to a crisis.
In addition, this episode features part 2 of our conversation with Trey Travis, third-generation vice president of operations at Bremen, Ga.-based Southeastern Hose, on why investing in the next generation of employees matters so much to the business, and what taking the long view really means when you don't have to answer to quarterly earnings.
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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55. Episode 55: Nerding Out on Governance | Letting NextGens Take Risks | From Owner to Steward
27:51||Ep. 55In this episode, we chat with Sarah Lodge Tally, a G5 board member at Lodge Cast Iron, the South Pittsburg, Tenn., cookware maker her great-great-grandfather founded in 1896, and one of our 2026 Transformational Women in Family Business honorees. She talks about taking her father’s seat on the board after he stepped down, bringing truly independent directors onto the board and founding Lodge’s governance committee.This episode also features part 2 of our conversation with Tammy Sons, G2 owner and CEO of TN Nursery. She discusses learning to give her kids room to try new things and the three things she asks them to show her before they take a risk.In addition, Family Business Contributing Editor Dennis Jaffe returns to discuss his latest column, “From Owner to Steward.”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.
54. Episode 54: A G3 Retail Business Blooms | Life After the Sale | Patient Capital vs. Slow Capital
29:34||Ep. 54In this episode, we chat with Tammy Sons, G2 owner and CEO of TN Nursery, the Altamont, Tenn., native plant nursery her father started in 1959. She talks about the 2012 move online that shifted the business from wholesale to retail and took it from a dozen or so wholesale orders a day to roughly a thousand retail orders a day, and how she’s preparing her son and daughter to lead when she retires in a few years.We also feature part 2 of our conversation with Eric Corliss, G5 steward of Corliss Management Group, on how his family held on to its sense of identity after selling the sand, gravel and concrete business it ran for generations, and what it took to get everyone in the same room for regular family meetings.In addition, in part 2 of our conversation with Ryan Reigle, G4 chairman of the board and CEO of cookware company Regal Holdings, explains how patient capital can turn into slow capital when a family stops watching the competition, and how a 2023 study of global manufacturing costs led Regal to commit an eight-figure investment to U.S. manufacturing.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.
52. Episode 52: Flipping the Switch | When Resistance Is Really Wisdom | The Paycheck Nobody Wants to Discuss at the Dinner Table
41:20||Ep. 52In this episode, Trey Travis, third-generation leader at Bremen, Ga.-based Southeastern Hose, talks about the culture his dad and uncle built running the company for three decades, and what it's taken him and his brother to carry it forward as the business has nearly doubled in size.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, G2 president of Chem-Impex and an adjunct faculty member at The University of Chicago Booth School of Business, discusses her latest "For What It's Worth" advice column, which tackles 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.
51. Episode 51: First Friction, Then Trust | How 4 Co-Presidents Co-Exist | 600 Kids, Same Founding Values
34:36||Ep. 51In 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. 50In 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. 49In 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. 48In 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. 47In 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.