Beyond The Family Business

Mary Asante-Asamoah is the 2nd generation leader of Barbex Africa. They are a Ghana owned mining services and agriculture business. Mary shares the entrepreneurial story of her father who started as a mining employee and branched out on his own. She discusses the mindset required to be successful in Ghana. As well, she delves into her own journey from Canada to Washington, DC and eventually back home.https://lnk.to/fambiz

 Brian Adams is a Family Office executive recruiter and podcast host. He explains what is a family office and how each one is slightly different. Brian explains the key positions and what makes an ideal candidate for a leadership role in a family office. Lastly, he shares some common mistakes and new trends that he sees with family office structures.https://lnk.to/fambiz

 Luke Leon is the 4th generation of the Leon’s Furniture family. He shares their 115-year history and how each generation contributes to the next. Luke delves into the transformative acquisition of The Brick which was 2x the size of Leon’s at the time. He also shares his own story about the family business and the importance of a meritocracy.https://lnk.to/fambiz

The discussion dives into why next-generation family members often struggle to connect with their family's business. It emphasizes the need for them to carve their own paths and contribute to strategy meaningfully. Intergenerational collaboration is highlighted as a catalyst for innovation, while clear communication is deemed essential for successful succession planning. Finally, the importance of evolving perspectives ensures both younger and older members thrive together, creating a supportive environment that fuels passion and loyalty.

Anthony Broccolini, CEO of Broccolini, shares how his family's real estate and construction business has successfully transitioned through three generations, evolving from a small home-building company to a diversified real estate developer. He emphasizes the importance of maintaining family values, embracing challenges, and providing early exposure to the next generation. Looking ahead, Broccolini is exploring strategic expansions into new asset classes like self-storage and multi-family rentals, while also closely monitoring emerging technologies like AI and robotics to identify opportunities to innovate and stay ahead of industry trends.https://lnk.to/fambiz

Jim Spatz, Owner of SouthWest Properties, shares the story of how his parents narrowly escaped the holocaust in Poland. He delves into his father’s entrepreneurial journey and lessons about business. As well, he shares his own journey as an ER doctor and what led him to rejoin the family business. Finally, Jim shares his vision of how he wants to differentiate his real estate.https://lnk.to/fambiz

Scott McCain is the 2nd generation of the legendary McCain Foods family. He grew up working in the family business and now holds the role of Chairman. Scott shares his extensive experience in family office strategy. We discuss how he is working with his children on succession, investment, and philanthropy.https://lnk.to/fambiz

In part 2 of our interview, Chandler discusses how he evaluates land banking opportunities that have multi-residential development potential. He discusses the importance of zoning, density and offsetting carrying costs. Chandler also shares his recent land bank success that netted him a 6.5x return in 6 years.https://lnk.to/fambiz

 In this episode, we discuss the best tips for assessing a potential residential real estate investment. Our guest, Chandler Haliburton, is an expert with 10+ years as a real estate broker and investor. Luke and Chandler discuss cap rates, net operating income, financing and property management. This is part 1 of a 2 part interview focused on residential real estate investment. https://lnk.to/fambiz

Andrew Donaldson is the CEO of Donaldson Group. They are one of the UK’s oldest and largest timber companies. Andrew shares the 160 year legacy of their family including what it was like during WW1. He explains his experience growing up in the business and what roles led him to take the CEO role. Andrew also dives into the outlook of the UK housing market.