Maui Mastermind’s Post

Family business or family drama? 😅 We’ve all seen it—miscommunication, clashing opinions, and a sprinkle of ego can turn even the best business into a battleground. But, when everyone’s aligned? That’s where the magic happens.✨ Running a family business takes more than just love—it’s about coordination, trust, and having those tough conversations. If you’ve ever felt the chaos creeping in, it’s time to get everyone on the same page. 📖 How do you manage the balance in your family business? Drop your tips below!👇 #FamilyBusiness #FamilyBusinessLife #FamilyBusinessBalance #Business #FamilyBusinessGoals #BalancingBusinessAndFamily #FamilyBusinessTips #Journey #Success

Your family business isn’t an Instagram post. In reality, a business poses a potential minefield of emotions, conflicting priorities, strategic misalignment, and other potential disasters. These are tough enough to navigate with your team when it really is strictly business. But add in your mom, brother, kids, or—God forbid—even in-laws… Here’s the cold, hard truth: Most family businesses are ticking time bombs. They're built on a foundation of misplaced loyalties, unclear boundaries, and a stubborn refusal to face facts. Here are just a few of the biggest challenges we see with our clients who work with family—and what we suggest you start doing right now to fix them… https://lnkd.in/eRggVKQT #batonrouge #greenville #neworleans #phoenix #tulsa #businesscoaching #leadershipdevelopment

If something happened to the founder of a family business you work with, how would you be able to help them address these issues? Some of these problems could break up the business, and also break up the family. Better to address these three key points now before something happens: 1. Discuss the family business succession 2. Record the founder's daily responsibilities and roles 3. Decide who will take on those roles and responsibilities of the founder, and if outside talent needs to step in.

We've all heard the phrase, happy wife, happy life, but it applies to any partnership! That’s why I believe in involving both spouses when discussing business ownership. After all, what works for one may not work for both. In this video, I share a story of how one couple’s different priorities guided their business decision-making. It’s crucial to ensure that everyone is aligned before taking the leap into ownership. Check out this video to learn why family input matters! #FamilyFirst #BusinessOwnership #FranchiseConsulting #CouplesInBusiness

In managing a family business, folklore and outdated advice are often accepted without question. Some might argue that these popular sayings simply condense truths that everyone knows. Here are four maxims that may need to be retired. -- Shirtsleeves to Shirtsleeves in Three Generations. This adage isn’t helpful or necessarily true, it’s just fatalistic. -- If You Fail to Plan, You Plan to Fail. Does anyone actually plan to fail? Really?  She’s the Chief Emotional Officer. -- She’s the Chief Emotional Officer. Whether referring to a man or a woman, in reality, it should be part of everyone’s thinking. -- You Just Have to Separate Business from Family. The combination of business and family is what makes family businesses unique and powerful. Let’s lay these family business sayings to rest. Their popular wisdom is misleading at best and insulting at worst.

"I think I want to leave the family business." When this thought is a reality, it takes immense courage to trust this discontent and truly consider leaving. One thing that I want to make crystal clear is how much I admire family businesses. I love the pride, the tenacity, the dedication and the commitment it takes to work in the family business. I deeply respect the blood, sweat and tears families expend, decade after decade, to keep their businesses going and growing. By no means am I seeking to diminish or disrespect any of this. What I am aiming to do is offer a safe and supportive space to explore what you are feeling. The uncomfortable and potential heart wrenching emotions that come along with the thought of leaving. #familybusiness #leavingthefamilybusiness #leavingafamilybusiness #wholelifecoaching #youchoose #investinyourself #coachingtofulfilldreams #trustthediscontent https://lnkd.in/e4cKXqHw

Now that the calendar has flipped to October and Halloween is in the air it's time to ask... are "ghosts" haunting your family business? Unresolved family dynamics can quietly creep into your business, impacting success and harmony. In my blog, I dive into how these "ghosts" from the past can affect your family business—and more importantly, what you can do to confront them and strengthen both your family ties and your business. It's time to break free from the past and secure a stronger future! Read more here: https://lnkd.in/gcjc5MQK #FamilyBusiness #BusinessLeadership #SuccessionPlanning #October

Trust only your parents—because no one else will tell you that you’ve got something stuck in your teeth or that your shirt’s on backward! 😂 But seriously, when it comes to life (not business), they’ve got your back like no one else. So, who’s the first person you call when things go sideways? 🤔📞 #business #BusinessGrowth #businessopportunity #businesssuccess #Businessman #businesstips #Businessman #business #familytime #FamilyTimeIsAlwaysTheBestTime #familytimechallenge #familytimeispriceless #familytimefuntime #familytime #successmindset

Business partnerships and marriages – – – both take a lot of work. Incredibly special and insightful article, especially if you are the father of the bride. 😁❤️ Pinnacle Financial Partners #marraige #partnerships

Here are 5 things every #WomanEntrepreneur should know before stepping into their husband's family business (2/5) ✔ Family businesses come with established rules and guidelines. I know most of us want to work and contribute in our own way, but it has to go hand in hand with the core values and tenets of the legacy you are now a part of. Respecting them not only helps in decision-making but also earns respect within the family. I'm not asking you to give up on your individuality. However, when you want to bring a change, consult with other family members to ensure your ideas align with the business's values and gain their support. Remember, a #FamilyBusiness has its roots in unity among all members. If you missed out on the first pointer of my advice, here is the link: https://shorturl.at/kIUpu Also, feel free to provide your perspective in the comments below. Happy to discuss. #WomanInBusiness #WomanEmpowerment #WomanForWoman #Family