Robin Letchinger interviews family business leaders, family members, board members, shareholders, academics, family advisors, and authors to uncover the importance of family businesses and how to sustain them.
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Robin Letchinger interviews family business leaders, family members, board members, shareholders, academics, family advisors, and authors to uncover the importance of family businesses and how to sustain them.
Raising the Next Generation: Instilling Values in Family Business Successors
Family Business Leadership Podcast
56 minutes 24 seconds
2 years ago
Raising the Next Generation: Instilling Values in Family Business Successors
In this episode, Robin speaks with Jack and Scott Mitchell of Mitchell’s, a high-end women’s and men’s clothing boutique with locations all over the country. Jack is a 2nd generation member of the business, while his nephew Scott is 3rd generation. Together, they discuss:
Building personal relationships with customers
Integrating every member of the family into the business and connecting over shared values
How to prepare the next generation to take over successfully
The importance of communication and honesty
The principle of “business first, family second.”
Listen to hear how Jack and Scott talk about "business first, family second" and how both family members and non-family leadership support and benefit from that approach.
Once again, the principles leading to family business success are great lessons that are not reserved only for family businesses. We welcome you to listen and share your thoughts with us as well.
Family Business Leadership Podcast
Robin Letchinger interviews family business leaders, family members, board members, shareholders, academics, family advisors, and authors to uncover the importance of family businesses and how to sustain them.
