97 episodes

The podcast dedicated to Family Business. Working with your family can be both rewarding and challenging and this podcast provides you with practical tips and guidance on how to tackle some of these challenges.

Upcoming series on Governance, Succession, Family Dynamics and Family Business Theory will explore the uniqueness of family businesses and provide you with the tools to help your business thrive.

The Family Business Podcast Russ Haworth

    • Management

The podcast dedicated to Family Business. Working with your family can be both rewarding and challenging and this podcast provides you with practical tips and guidance on how to tackle some of these challenges.

Upcoming series on Governance, Succession, Family Dynamics and Family Business Theory will explore the uniqueness of family businesses and provide you with the tools to help your business thrive.

    How and When to start Succession Planning

    How and When to start Succession Planning

    Succession Planning is a complex process, there are many moving parts to it and lots to consider. This can put a lot of people off starting the process or leaving them not knowing how or when to start.
    In this episode I share some tips on how to get started.
    1 - Start Early
    2 - Separate out the different elements of succession
    3 - Look at the role of Family Governance
    4 - Keep an open mind
    5 - Have open and honest conversations
    I also cover when to get started and without wanting to ruin the surprise, the answer is NOW!
    Work With Russ
    If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com
    Sign up to the Newsletter
    You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    • 24 min
    A Family Business Story

    A Family Business Story

    On this weeks show I am joined by Dominic Rubino. Dominic is a business coach now but has historically owned and worked in a Family Business.
    In this episode of the show we look at what we can learn from Dom's experience of working in a relatively informal business and governance structure with his cousin.
    We also explore how money can be destructive and what happens when you experience rapid growth in the early stages of the business.


    We look at the need for governance and 'professionalisation' and the impact on businesses of not having this in place.


    You can find out more about Dom and his work by heading over to:


    https://profittoolbelt.com/


    Work With Russ
    If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com


    Sign up to the Newsletter
    You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    • 43 min
    The Sellers Journey

    The Sellers Journey

    One third of businesses that go to market to sell actually conclude successfully!
    We look at some of the common emotional barriers to these transactions and what we can do to help avoid them.
    If you are a professional adviser to family business owners this is a must listen episode as Denise shares her experience of helping sellers to overcome these barriers.
    We look at the emotional aspects of selling or passing your business on to the next generation and ask the question:
    What does work provide for you?
    As a business owner no-one prepares you for letting go of your business, the role you play in it and the emotional wellbeing that it provides.
    You can find out more about the work that Denise does by heading to
    https://deniselogan.com/ (https://deniselogan.com/)
    Work With Russ
    If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com
    Sign up to the Newsletter
    You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    • 54 min
    Top 5 regrets of the Dying

    Top 5 regrets of the Dying

    With a title like that there is a danger that this post could be viewed as quite morbid, but please read on, the aim of this is to inspire and provoke some thoughts rather than depress.
    For those familiar with the ‘Top 5 regrets of the dying’ hopefully this will be a useful reminder, for those unfamiliar with them, please allow me to introduce you to them.
    https://bronnieware.com/ (Bronnie Ware) spent many years as a palliative care nurse and in 2009 she wrote an article called Regrets of the Dying. Bronnie grew close to those that she cared for and had honest discussions with them about life, death and regret. She documented these regrets as a way of highlighting that when we are faced with our own mortality and we are reflecting on our lives, looking back rather than forward, there are many things that we wish we could have told our younger selves.
    You can learn more about the book that followed https://bronnieware.com/regrets-of-the-dying/ (here).
    In summary the top 5 regrets are listed below;
    I wish I'd had the courage to live a life true to myself, not the life others expected of me.
    I wish I hadn't worked so hard.
    I wish I'd had the courage to express my feelings.
    I wish I had stayed in touch with my friends.
    I wish that I had let myself be happier.
    I am going to discuss each of these regrets in the context of family business, drawing on my own experience as a human being, but also as a family business adviser and what we can learn from the regrets of others in the hope that we can avoid these in our own lives.


    Work With Russ
    If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com


    Sign up to the Newsletter
    You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    • 41 min
    Should you gift your family business?

    Should you gift your family business?

    Should you gift your family business to the next generation?
    Should you leave the business to your children in your will?
    Or, should the next generation be asked to buy the family business at full market value?
    When do you start the discussions about these topics and how do you avoid them becoming argumentative and potentially damaging to your family?
    We cover this and a whole lot more in this thought provoking episode of the podcast.
    You can find out more about Tom and his book at: www.everyfamilysbusiness.com
    You can connect with him on Linked In: https://www.linkedin.com/in/tomdeansphd/ (https://www.linkedin.com/in/tomdeansphd/)

    • 54 min
    Navigating Philanthropy

    Navigating Philanthropy

    On this episode I am joined by Peter Vogel. Peter is Professor of Family Business and Entrepreneurship, Director of the Global Family Business Centre at IMD Business School in Switzerland and the co-author of the book The Family Philanthropy Navigator.
    We discuss how philanthropy has evolved throughout history and look at the latest trends in this fascinating area.
    We talk about how you as a family would decide on the types of philanthropic activity you want to pursue and where to start when looking to begin your giving journey.
    We also explore the wider benefits to your family enterprise of having a structured approach to your philanthropic activities.
    You can buy the book by visiting this web page:
    https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.imd.org%2Ffamily-philanthropy-navigator%2Fbook%2Fanddata=04%7C01%7Cruss%40familybusinesspartnership.com%7C51d33c0f8cfb4405dd0e08d891fca7cc%7Ced114aa32143426d8a82e3851f091c9a%7C0%7C0%7C637419861745754292%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000andsdata=aPDeuGbaqfRjw4%2Bhy7cHbUn9CurYFd2%2Bz5wE5k6kUPo%3Dandreserved=0 (https://www.imd.org/family-philanthropy-navigator/book/)
    You can find out more about Peter here: https://www.linkedin.com/in/vogelpeter/ (https://www.linkedin.com/in/vogelpeter/)
    You can email him: peter.vogel@imd.org

    • 53 min

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