The Family Biz Show

Ep 34 – Advanced Exit Planning for the Family Business We've got another great show for you! Listen as Josh Patrick & John Brown discuss advanced exit planning for the family business. Josh and John will be focused on the following: What is business exit planning anyway and why does it matter? How John Brown identified exit planning as a need for family business and what's changed over the last 25 years. Why are business owners not interested in business exit planning, but always interested in increasing business profit? How to identify a PERMA-5 and why it's so dangerous. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-6517480-040124

Ep 33 – Planning Considerations For the Family Business It's a great show this week! Listen in as Gerald Stack and Gary Katz discuss planning considerations for the family business. During this episode, you'll learn: 1. The 8 questions every family business should be asking themselves. 2. How coordinating your estate and business planning can save your family 20-40% in taxes. 3. The 5 questions your attorney and financial advisor should be asking you – if they aren't it may be time for a change. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3586540-051121

Listen into this week's Family Biz Show as we talk to Mike Sipple Jr. And Alan Aldworth about the pros and cons of running the family business for the benefit of management, rather than for the shareholders and the risks that come with it. During the podcast, we will be focused on the following: How to understand the correlation between the quality of the board and success and sustainability of the family enterprise About the risks most family enterprises miss in the absence of a quality advisory board Governance topics every advisory board should be accountable for and why leaning on the board is healthy for the family The main opportunities an advisory board presents for the family business How to choose the right board members for your family business If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3563474-042321

Ep 31 - Who, Not How, for Family Enterprises Listen into the Family Biz Show as Michael discusses how you can have more time, potentially more money and better relationships with one simple paradigm shift. We will cover: Are you asking the right question when starting a new endeavor? The fastest way to expand your capability and efficacy. How the education system "wrongly" conditions family-owned entrepreneurs and how you can positively impact your children and lessen the impact on them. Why this skill is essential for family business leaders and how to get started today. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3572519-043021

Join us as Dr. Michelle Clark and Dr. Moira Somers discuss the difficulties around family succession when the leader of the business can't let go. Learn why this happens, what to do if this is a problem in your business, and how not to become that person! During the live podcast recording, we will be focused on the following topics: The impact of family relationships during leadership transitions. "Are you talking about me"? How to self-identify whether or not you're unable to let go. The difference between "helpful" and "hurtful" when the leadership role is transitioning. How not to be the leader that won't let go - the importance and role of identity when it comes to succession planning. How to "dementia-proof" the family business. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3563492-042321

The Family Biz Show Episode 29 - Customer & Employee Experience For Family Business with Joey Coleman Listen as best-selling author of Never Lose a Customer Again, Joey Coleman, shares why it's so important for family businesses to create an incredible customer and employee experience. You'll learn: Techniques to help family businesses leverage the extra trust afford them by both employees and customers Why the first 100 days are so important for customer and employees and what you can do to enhance their experience How to reduce customer and employee turnover and increase bottom line profits How the best companies are retaining customers and employees and growing market share in uncertain times If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3535566-040621

Listen in as members of The Why Institute work LIVE with LaVerne Sessler, a rising 3rd generation member of the Sessler Companies. What you will learn: This week's episode is another you won't want to miss. I have asked Why Institute founder, Dr. Gary Sanchez and coach Chris Kenney to join us to work with LaVerne Sessler, a rising 3rd generation member of the Sessler companies to find his Why, How and What. As The Why Institute says, "before you do anything else in your life or business, you need to know your WHY"...it's the essential first step. The vision of The Why Institute is to provide clarity and direction for discovering your WHY. We believe that nothing is more powerful than clarity of purpose, whether personally or professionally. We help you get clear, stand out and play big by creating products and services to help you discover, articulate and live your WHY. The goal of today's podcast recording is to help LaVerne get clear, stand out, play big and get going in the family business. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3511924-032921

Jay Hughes Jr., resident of Aspen, CO, discusses the Three-Circle Model of Family Business Systems, emphasizing governance and planning. He explores trust vintages, the importance of affinity over blood ties, and the significance of objectivity in understanding family business dynamics. Hughes delves into the evolution of family resources, embracing a seven-generation mindset, and highlights the transformative power of reflection and effective decision-making over generations.

We'll talk about: Why many family businesses DON'T have a succession plan. The most important question every family business must answer. The most critical people to lead the succession planning process may not be who you think. A new idea for creating an enduring succession plan that most family businesses should utilize. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-3482293-030821

You'll Learn: How to give voice to the perspectives and challenges of being a non-managing shareholder of a family business? Three (3) best practices for managing dual-role relationships between managing and non-managing family members. Explore 3 ways to engage family shareholders without board or management roles to be constructive and NOT disengaged and mischievous. Learn how family governance can play a role in helping family shareholders be the best cheerleaders for the family business. If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! CRN-5433746-012623