Overcoming Growth Barriers in Family-Owned Businesses

Topics:

• Common Challenges for CEOs
• How to Empower Teams to Take Ownership
• Having an Athlete Mindset in Business

...and so much more.

Top Takeaways

• Adapt skills to scale. In the early days, success often comes from being hands-on and wearing multiple hats. But as the business grows, Jared points out that leaders need to evolve their skill sets and shift focus from execution to strategy. It’s not always easy to let go of control, but if you don’t, you risk becoming the bottleneck in your own business. Scaling isn’t just about growing the company—it’s about growing as a leader.
• Set clear priorities and goals to stay focused. Jordan shares how a culture focused on delivering commitments—rather than chasing every shiny object—keeps his team on track. Jared adds that defining goals as an “X on the map” gives everyone direction. This clarity cuts down on the stress of constantly shifting focus and ensures resources are used wisely to deliver consistent results.
• Sustain performance with predictable systems and routines. Just like endurance athletes rely on cycles of intensity and recovery, businesses thrive on consistent systems and routines. Jared and Jordan agree that clear workflows and documented processes empower teams to take ownership and keep things running smoothly, especially during periods of growth or leadership changes.