Don't Let Family Break the Business: Unlocking Success through The Family Business Flywheel

Welcome to another episode of Tip Top: Grow Up Your Business with Metronomics. In today’s episode, host Ged Roberts is joined by Michael Palumbos, a Metronomics Coach, Family Business, & Wealth Advisor to dive deep into the unique complexity of multi-generational family businesses. Michael breaks down the “Family Business Flywheel” framework that helps families build clarity, alignment, and momentum.

In this episode, you’ll learn:

Why family businesses feel “more complicated” (and how to map it).

The Family Business Flywheel: the 3 loops that create momentum.

Practical tools to reduce conflict and unlock growth, including questions and mindset shifts that help families filter outdated rules, align decisions, and move forward—plus the role curiosity plays when tensions run high.

Timestamps

00:00 Introduction to Family Business Dynamics

03:17 Michael's Journey into Coaching and Family Business

06:02 The Importance of A Players in Family Businesses

08:44 Navigating Family Business Challenges

10:57 Learning from Metallica: Coaching in Family Businesses

13:11 Respecting Legacy and Future Generations

15:31 Defining Moments in Family Business Coaching

18:04 The Three Circle Model of Family Business

20:23 The Family Business Flywheel Model

25:06 Exploring Fam Tech for Family Communication

25:32 Building Sustainable Family Legacies

26:37 The CEO Doom Loop and Metronomics

27:20 Creating Self-Operating Businesses

28:07 The Importance of Coordination in Wealth Management

29:12 Leveraging Team Dynamics for Business Success

32:38 Addressing Communication Issues in Family Businesses

33:31 Defining Vision and Values for Family Alignment

38:39 Recognizing Signs of Struggle in Family Businesses

40:43 Advice for Family Business Owners

Whether you’re looking to spark team motivation, drive sustainable growth, or develop your leadership skills, this podcast delivers actionable strategies, expert insights, and inspiring stories to help you thrive.

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🔗 Explore free resources, workshops, and event details at https://www.metronomics.com/

About Metronomics Metronomics partners with CEOs and leadership teams to drive top-line growth through our proven playbook, customized software, and certified coaching community. Metronomics gives CEOs and leadership teams ‘the how’ behind establishing and reinforcing behaviors that get results. The Metronomics playbook brings together knowledge and insights from the best business thought leaders of our time. And this playbook has been proven as a complete, repeatable system for growth. Metronomics now has 80+ certified coaches teaming up with CEO and Leadership teams across the world to ensure the areas of focus - strategy, execution, cash, people, culture, and leadership - are receiving the right attention for growth. More about the Host: Shannon Susko Metronomics’ founder, Shannon, built and sold two companies less than six years apart – including a sale that ranked in the Top 3 Mid-Market Deals on Wall Street in 2011. Fellow CEOs begged Shannon to share her secret to success, which pulled her out of retirement. This led to Shannon writing three best-selling books and starting a coaching practice. Since then, 80+ coaches have become Metronomics certified and have helped hundreds of businesses across the world to grow.