33 min listen
Preparing the Next Generation for Family Business Success: Dealing with the Emotional Stuff with Chris Larson
Preparing the Next Generation for Family Business Success: Dealing with the Emotional Stuff with Chris Larson
ratings:
Length:
25 minutes
Released:
May 9, 2023
Format:
Podcast episode
Description
On this week's episode of Safe Space, Francesco Lombardo is joined by Chris Larson, a fourth-generation shareholder of a 107-year-old family-owned and operated business, IDEAL INDUSTRIES. In this episode, Franco and Chris discuss the emotional side of transitioning family businesses. Chris emphasizes the importance of addressing the emotional aspects of letting go of control and passing it on to the next generation, not just the intellectual aspects. Highlighting how emotional preparation is crucial for family business success and how coaching family members on an individual basis can help them become content and happy with their roles in the family business. The episode sheds light on the emotional aspects of transitioning family businesses and the importance of addressing them. It's a must-listen for anyone looking to prepare their family business for the next generation. The one piece of advice Chris offers for both the senior and next generations is... it's worth it. It's hard to focus on the emotional stuff, but it's worth it. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq)
Released:
May 9, 2023
Format:
Podcast episode
Titles in the series (99)
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