Tom Deans

Renowned expert Tom Deans shares insights on selling a family business, highlighting challenges in transitioning control and passing on values. He discusses covert narcissism in family businesses and stresses the importance of focusing on value creation for successful succession planning.

Tom Deans, a family business expert and author, joins Amy Wirtz, a Certified Exit Planning Advisor, to delve into the art of family business transitions. They discuss redefining success beyond legacy and tackling generational challenges in ownership. The importance of proactive succession planning is highlighted, as well as the need for open family communication to navigate expectations. Their insights emphasize teaching values to the next generation and recognizing family businesses as vital economic contributors.