In this podcast, Mason talks about how to split up without falling apart or turning everything into one big bureaucracy.
At some point, you can't bring everything to the meeting table. Your family will be dealing with multiple businesses, households, and events. Walking the tightrope between becoming disconnected and getting overwhelmed is almost impossible.
For family boards, there are some rule-of-thumb that work really well to find out whether you need to split off, and how much to do so. If you can stay focused on your top-line objectives, you won't get overwhelmed by minutia. At the same time, when you do decide to create a new committee, move into a new home, or start a new business, you can't cut people out of the loop.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn:
https://www.linkedin.com/company/19139744
Subscribe to the Podcast:
Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast
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In this podcast, Mason talks about how to split up without falling apart or turning everything into one big bureaucracy.
At some point, you can't bring everything to the meeting table. Your family will be dealing with multiple businesses, households, and events. Walking the tightrope between becoming disconnected and getting overwhelmed is almost impossible.
For family boards, there are some rule-of-thumb that work really well to find out whether you need to split off, and how much to do so. If you can stay focused on your top-line objectives, you won't get overwhelmed by minutia. At the same time, when you do decide to create a new committee, move into a new home, or start a new business, you can't cut people out of the loop.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn:
https://www.linkedin.com/company/19139744
Subscribe to the Podcast:
Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast
Many people don't really think about this type of an investment. However, it is vitally important for the long term success of a family enterprise. For most family businesses, no matter their size, community involvement is a big deal. Your business isn't that faceless corporation. It started as a big part of your community. Your business has shaped your community and been shaped by it. That is really what makes you different from the heartless corporate giants.
Michael talks about this investment type.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn:
https://www.linkedin.com/company/19139744
Subscribe to the Podcast:
Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast
Family Prosperity Podcast
In this podcast, Mason talks about how to split up without falling apart or turning everything into one big bureaucracy.
At some point, you can't bring everything to the meeting table. Your family will be dealing with multiple businesses, households, and events. Walking the tightrope between becoming disconnected and getting overwhelmed is almost impossible.
For family boards, there are some rule-of-thumb that work really well to find out whether you need to split off, and how much to do so. If you can stay focused on your top-line objectives, you won't get overwhelmed by minutia. At the same time, when you do decide to create a new committee, move into a new home, or start a new business, you can't cut people out of the loop.
FOLLOW Family Prosperity Partners everywhere:
Facebook:
Business Page: https://www.facebook.com/Familyprosperity
Public Group for Families: https://www.facebook.com/groups/familybizgroup
Private Group for Clients: https://www.facebook.com/groups/familyprosperity
LinkedIn:
https://www.linkedin.com/company/19139744
Subscribe to the Podcast:
Google Podcasts: https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmZlZWRidXJuZXIuY29tL2ZhbWlseXByb3NwZXJpdHlwb2RjYXN0
Spotify: https://open.spotify.com/show/0XKuUhHRdhPWHeLZwxhzVa?si=jli-ywiuQP-nVt4pT_nhHg
RSS Feed: http://feeds.feedburner.com/FamilyProsperityPodcast
