23 min
Episode 27: Growing your business from Lifetime to Legacy Profit and Loss
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- Entrepreneurship
Family dynamics and business can be a tricky situation to maneuver, especially for the next generation. We've all heard horror stories. Adam Tidrow and Yahaira Zapata sit down with Speaker, Author, and Consultant to NextGens Nike Anani on pitfalls to look out for, how to weather a crisis, the gender confidence gap, and how to take your family business from Lifetime to Legacy. Nike has almost a decade of experience working in African family businesses, as a NextGen in her parents’ businesses, and also as a co-founder of several others. If there's someone to listen to first hand, she's the one!
Show Notes:
04:26 Gender limitations
05:17 Gender confidence gap
07:32 Steps on how to weather a crisis
13:45 Maintaining clients/customers when a NextGen steps in
14:46 Growing up vs Growing Old
15:47 Where family businesses struggle
16:22 How to propose new ideas to current/traditional stakeholders
20:43 Setting up the next generation for success in the business
Nike's Contact:
nikeanani.com
"The best time to start succession is YESTERDAY, the next best alternative is TODAY." - Nike Anani
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Send in a voice message: https://podcasters.spotify.com/pod/show/the-enterprise-center/message
Family dynamics and business can be a tricky situation to maneuver, especially for the next generation. We've all heard horror stories. Adam Tidrow and Yahaira Zapata sit down with Speaker, Author, and Consultant to NextGens Nike Anani on pitfalls to look out for, how to weather a crisis, the gender confidence gap, and how to take your family business from Lifetime to Legacy. Nike has almost a decade of experience working in African family businesses, as a NextGen in her parents’ businesses, and also as a co-founder of several others. If there's someone to listen to first hand, she's the one!
Show Notes:
04:26 Gender limitations
05:17 Gender confidence gap
07:32 Steps on how to weather a crisis
13:45 Maintaining clients/customers when a NextGen steps in
14:46 Growing up vs Growing Old
15:47 Where family businesses struggle
16:22 How to propose new ideas to current/traditional stakeholders
20:43 Setting up the next generation for success in the business
Nike's Contact:
nikeanani.com
"The best time to start succession is YESTERDAY, the next best alternative is TODAY." - Nike Anani
---
Send in a voice message: https://podcasters.spotify.com/pod/show/the-enterprise-center/message
23 min