The Business of Family

What are subject matter experts? We can't know everything about everything- especially when a business grows and evolves over time. How do you identify when it is time to bring in an expert to get a project off the ground to success. Join me as I chat with Barbara Kephart of Projects Pivot about the importance Family Businesses identifying when a project needs help with implementation from a Project Manager. Thank you to Lori Circelli of All Figured Out for this episode's outro.

What could happen if every female was empowered by looking and feeling their best? How does it start? How can one idea evolve and grow into a successful family business?Join me as I explore the evolution success of Hangar9 with Jo-Ann Fisher & Emily Ferguson. Where did they start? Where are they now? Where are they going? Imagine a legacy of empowering females- what an accomplishment!  www.hangar9.ca  Thank you the Greg Tuer from Detailing & Designs for this episode's outro.

Have you ever felt alone in the unique challenges you face as a family business? Have you ever wondered if there is some kind of resource for family businesses? a way to connect with other family businesses going through the same pains as you?  Join me as I chat with Angie Jones, Director at the University of Toledo Business Center about the programming, community and resources available to Family Businesses.  Thank you to Jane Antoniak, from Antoniak Communications for this episode's outro.

Bryan White, Co-President of Ardent Industries Ltd, shares his family's entrepreneurial journey from agriculture to the overhead crane industry. He opens up about the complexities of co-leading a business with his brother, especially after their father’s passing. The importance of family conversations and structured operations is highlighted, showing how they embraced the Entrepreneurial Operating System (EOS) to enhance their leadership. Bryan emphasizes balancing legacy with the new generation’s independence, while fostering strong communication in their evolving business.

Surrounding yourself with an advisory team is crucial for family business owners and their success.  By building a diverse group of experts, business owners can navigate challenges more effectively and capitalize on opportunities.  Join me as I chat with Chris Delaney, author of the Naked Opus, exploring the essential steps to create a powerhouse advisory team that supports your family business's vision and legacy.  To reach out to Chris or to purchase the Naked Opus, please visit his website Inception Family Wealth Press - Wealth, Planning, Estate.  Thank you to Brian Van Arnem of Integrity IT for this episode's outro.

How do family businesses thrive and grow? How do they beat the odds that 1 in 3 family businesses won't make it to the 3rd generation? Join me as I chat with Matt Nielsen, a third-generation shareholder, director and executive for Nielsen-Massey Vanillas Inc., Managing Director of Nielsen-Massey Vanillas International BV and Managing Director of Nielsen Real Estate BV. Listen as we dive into the complexities faced and how he and his family have learned to grow and conquer together. Thank you to Joan Tanner of Buss Business Solutions for this episode's outro

What generation is the largest in today's workforce? How is the changing the way companies need to address their employees? Join me as I chat with Melody Gratic of Xcelmil about the different generations in the workforce, and how companies can attract, recruit and retain Millennials and Gen Z as the Boomer generation retire. Thank you to Barbara Kephart of of Projects Pivot for this episode's outro.

You've built a business, but is it a family business? Is it a business you want to bring your family into?  Join me as I chat with Shawn Bellefeuille of Retirement by Design & Buss Financial Group about the difficulties faced when bringing family into the business and how to overcome them.  If you would like to reach Shawn, you can email him at shawn.bellefeuille@dfsin.ca   Thank you to Andrew Moss of BDO for this episode's outro.

Company culture- we've all heard this term used before, but have you ever considered why it is so important?  Join me as I chat with Steve Utech of Illumyx, a people analytics and culture consultancy, about the importance of learning how people work to create a company culture that will achieve your organization's purpose.  Thank you to Martha McDonald of National Bank for this episode's outro.

 How important is it to have a clear and written down plan and to have conversations with your family before your passing? Join me and Chris Delaney as we dive into part 2 of a case study on the Libfield $4-billion dollar family feud. Could Teodor have prevented his sons from ending up in court?  If you missed part 1, you can find it on The Business of Family 2 weeks ago!  Thank you to Tyler Smith of Buss Financial Group for this episodes outro.