The EntreLeadership Podcast Am I Going to Fail the Family Business?
Nov 11, 2024
A young man grapples with the fear of failing his family business. One owner finds peace in stagnation, while another faces the dilemma of stepping into a struggling company. Insights on rapid growth reveal key decisions for success. The discussion dives into balancing project management with expansion and the importance of effective leadership. Delegation strategies and the power of strategic planning are highlighted as essential tools for building a self-sufficient business.
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Family Business Dynamics
A son expressed concern about letting down his family while running their bourbon business. He shared his worries about managing growth and expectations from his family.
Embrace Leadership as Service
View leadership as a service position where your job is to remove obstacles for your team. Focus on hiring the right people and ensuring they can perform effectively.
Creating a Customer Experience
Encourage your team to create a unique customer experience that stands out. Reading 'Unreasonable Hospitality' can inspire new ideas for enhancing customer interactions.
