The Family Business Podcast

Follow The Family Business Podcast
Share on
Copy link to clipboard

The podcast dedicated to Family Business. Working with your family can be both rewarding and challenging and this podcast provides you with practical tips and guidance on how to tackle some of these challenges. Upcoming series on Governance, Succession, Family Dynamics and Family Business Theory will explore the uniqueness of family businesses and provide you with the tools to help your business thrive.

Russ Haworth


    • Jan 26, 2024 LATEST EPISODE
    • infrequent NEW EPISODES
    • 44m AVG DURATION
    • 168 EPISODES


    Search for episodes from The Family Business Podcast with a specific topic:

    Latest episodes from The Family Business Podcast

    Family Business UK

    Play Episode Listen Later Jan 26, 2024 49:21 Transcription Available


    SummaryIn this episode, Fiona Graham discusses the rebranding of Family Business UK and their focus on advocacy and policy. She highlights the key areas in their 2024 manifesto and the importance of long-term planning for family businesses. Fiona also shares insights from Family Business Week and previews the upcoming annual conference, which will focus on people and the challenges faced by family businesses. In this conversation, Russ and Fiona discuss the importance of family businesses and the challenges they face. They delve into topics such as succession planning, governance, communication, and collaboration. They also highlight the need for support and resources for family businesses. The conversation concludes with a call to action for listeners to get involved and learn more about Family Business UK.TakeawaysFamily Business UK has rebranded to become a movement for family businesses, focusing on advocacy and policy.Their 2024 manifesto highlights key areas such as people, growth, and ownership, with a focus on long-term planning and support for family businesses.Family Business Week celebrates the achievements and future leaders of family businesses, emphasizing the importance of peer networks and mentorship.The upcoming annual conference will explore the challenges faced by family businesses, including people issues, skill development, and non-family involvement. Family businesses play a vital role in the economy and society.Succession planning and governance are crucial for the long-term success of family businesses.Effective communication and collaboration within the family and the business are essential.Family businesses need support and resources to overcome challenges and thrive.Chapters00:00 Introduction and Rebranding03:03 Focusing on Advocacy and Policy08:26 The 2024 Manifesto10:17 Key Areas in the Manifesto19:10 Budget and Election Year28:49 Highlights of Family Business Week34:19 Upcoming Annual Conference02:00 The Importance of Family Businesses10:00 Challenges Faced by Family Businesses20:00 Succession Planning and Governance30:00 The Role of Communication and Collaboration40:00 Supporting Family Businesses47:00 Conclusion and Call to ActionSupport the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Allow me to reintroduce myself....

    Play Episode Listen Later Jan 26, 2024 3:12


    The podcast is back! In this short trailer I give you an overview of upcoming episodes. There are six new episodes in this series. 1 - Family Business UK 2 - Selling the Family Business Pt.1 3 - Selling the Family Business Pt.2 4 - Are you ready to employ Non Family Execs?5 - The importance of Storytelling 6 - Wealth of Wisdom I'd love to hear from you as to the topics that are impacting you and that you would like me to cover in future series. As ever if I can be of assistance, please get in touch Support the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Wealth 3.0 - with The Ultra High Net Worth Institute

    Play Episode Listen Later Sep 11, 2023 63:02


    Regular listeners of the show will be familiar with all of my guests on this weeks show. I am joined by Jim Grubman, Denis Jaffe and Kristin Keffeler as they discuss their new book - Wealth 3.0 - The Future of Family Wealth Advising. In this episode we cover some of the key areas of focus within the book and what it means for families of wealth and in particular those that advise them. This episode is a special collaborative episode with The Ultra High Net Worth Institute in preparation for the launch of their very own podcast later this year. I will keep you all updated on that as and when we approach release date. If you are unfamiliar with the the work that the Institute does I highly recommend that you check out their website: https://www.uhnwinstitute.org/All four of the speakers on the show are involved in the Institute and we are all very strong advocates for the thought leadership that comes from the Institute, the events that they run and the opportunity for individuals or firms across the globe to contribute to the future of wealth advising for UHNW families. Support the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Right Mindfulness and Concentration - The Mindful Family Business

    Play Episode Listen Later Jun 19, 2023 57:07


    THE FOUR NOBLE TRUTHSThe First Noble Truth: be aware that life brings with it many forms of dissatisfaction, frustration, irritation, and many levels of suffering.The Second Noble Truth: recognise that these different types of suffering are produced by your mind, even if the apparent cause is external. The mind reacts negatively to life experiences that we didn't want, and does the same when we don't get things we were hoping for. The Buddha called these wants and dislikes “thirsts”. It is thirsts that cause unhappy states of mind.The Third Noble Truth: we can learn to cultivate skills that stop our thirsts and thus end our various forms of suffering.The Fourth Noble Truth: to cultivate these skills we have to follow a path that contains eight components, as follows.Right Mindfulness: mindfulness is a three-pronged skill with regards to our state or frame of mind. Notice. Pause. Change. Although taught around the world today mindfulness is often misunderstood by its teachers and therefore also by its students, so it is important to learn mindfulness the way it was originally taught, that is, within the wider context we are summarising here. One could say that Right Mindfulness is the development of the ability to notice unhealthy thoughts and feelings, then shift the mind away from these to much wiser ones.Right Concentration or Focus: if mindfulness is taking the mind away from unhelpful states, then Right Concentration or Focus is its partner. We try to develop the ability to keep our mind on positive or useful states of mind or where we want our mind to be, rather than constantly being distracted, say by emails, passing moods, daydreams, etc. To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    Right Effort - The Mindful Family Business

    Play Episode Listen Later Jun 16, 2023 43:38


    THE FOUR NOBLE TRUTHSThe First Noble Truth: be aware that life brings with it many forms of dissatisfaction, frustration, irritation, and many levels of suffering.The Second Noble Truth: recognise that these different types of suffering are produced by your mind, even if the apparent cause is external. The mind reacts negatively to life experiences that we didn't want, and does the same when we don't get things we were hoping for. The Buddha called these wants and dislikes “thirsts”. It is thirsts that cause unhappy states of mind.The Third Noble Truth: we can learn to cultivate skills that stop our thirsts and thus end our various forms of suffering.The Fourth Noble Truth: to cultivate these skills we have to follow a path that contains eight components, as follows.THE EIGHTFOLD PATHAs with the word Noble above, the Eightfold Path uses a word that needs a little clarification. Each of the eight paths starts with the word Right. In this case it does not mean right as opposed to immoral, so it is not judgemental. Nor does it mean correct as opposed to wrong. It is best thought of as skilful or wise.The four previous “paths”, covered in previous episodes, relate directly to how we live our lives - our thoughts and feelings, our communication with others, our decisions, and our working life. The next three are the methods or disciplines to use to ensure we do in fact learn to manage our wayward minds.Right Effort: changing our volatile, conditioned mind doesn't happen overnight. It took us our entire lifetime to date to become who we are today, so reversing and changing our mindset takes time. Therefore we need to work at it with effort. Again, the word right means skilful. Skilful effort means we don;'t slacken off or lapse, but nor do we exhaust ourselves in too zealous an effort.To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    Right Livelihood - The Mindful Family Business

    Play Episode Listen Later Jun 12, 2023 51:44


    THE FOUR NOBLE TRUTHSThe First Noble Truth: be aware that life brings with it many forms of dissatisfaction, frustration, irritation, and many levels of suffering.The Second Noble Truth: recognise that these different types of suffering are produced by your mind, even if the apparent cause is external. The mind reacts negatively to life experiences that we didn't want, and does the same when we don't get things we were hoping for. The Buddha called these wants and dislikes “thirsts”. It is thirsts that cause unhappy states of mind.The Third Noble Truth: we can learn to cultivate skills that stop our thirsts and thus end our various forms of suffering.The Fourth Noble Truth: to cultivate these skills we have to follow a path that contains eight components, as follows.THE EIGHTFOLD PATHAs with the word Noble above, the Eightfold Path uses a word that needs a little clarification. Each of the eight paths starts with the word Right. In this case it does not mean right as opposed to immoral, so it is not judgemental. Nor does it mean correct as opposed to wrong. It is best thought of as skilful or wise.Right Livelihood: this always astonishes me. 2500 years ago the Buddha was directly teaching rulers, employers, and employees how to work wisely. In particular he advised against doing work or careers which are inherently cruel or destructive, and if a person has no choice then they should make some amends by doing good in their spare time. This is what in recent years is now called CSR and ESG and “purpose-driven” but the Buddha taught it millennia ago and had a much stricter perspective than we have today.To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    Right Actions and Activities - The Mindful Family Business

    Play Episode Listen Later Jun 9, 2023 53:58


    THE FOUR NOBLE TRUTHSThe First Noble Truth: be aware that life brings with it many forms of dissatisfaction, frustration, irritation, and many levels of suffering.The Second Noble Truth: recognise that these different types of suffering are produced by your mind, even if the apparent cause is external. The mind reacts negatively to life experiences that we didn't want, and does the same when we don't get things we were hoping for. The Buddha called these wants and dislikes “thirsts”. It is thirsts that cause unhappy states of mind.The Third Noble Truth: we can learn to cultivate skills that stop our thirsts and thus end our various forms of suffering.The Fourth Noble Truth: to cultivate these skills we have to follow a path that contains eight components, as follows.THE EIGHTFOLD PATHAs with the word Noble above, the Eightfold Path uses a word that needs a little clarification. Each of the eight paths starts with the word Right. In this case it does not mean right as opposed to immoral, so it is not judgemental. Nor does it mean correct as opposed to wrong. It is best thought of as skilful or wise.Right Actions: what we do should be skilful, positive, kindly, and considerate of all involved.To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    Right Speech or Communication - The Mindful Family Business

    Play Episode Listen Later Jun 5, 2023 50:59


    THE FOUR NOBLE TRUTHSThe First Noble Truth: be aware that life brings with it many forms of dissatisfaction, frustration, irritation, and many levels of suffering.The Second Noble Truth: recognise that these different types of suffering are produced by your mind, even if the apparent cause is external. The mind reacts negatively to life experiences that we didn't want, and does the same when we don't get things we were hoping for. The Buddha called these wants and dislikes “thirsts”. It is thirsts that cause unhappy states of mind.The Third Noble Truth: we can learn to cultivate skills that stop our thirsts and thus end our various forms of suffering.The Fourth Noble Truth: to cultivate these skills we have to follow a path that contains eight components, as follows.THE EIGHTFOLD PATHAs with the word Noble above, the Eightfold Path uses a word that needs a little clarification. Each of the eight paths starts with the word Right. In this case it does not mean right as opposed to immoral, so it is not judgemental. Nor does it mean correct as opposed to wrong. It is best thought of as skilful or wise.Right Speech or Communications: we not only have to control and skilfully manage our thoughts and our intentions or goals; we also have to ensure that when we communicate these - whether by voice, email, on social media, or even body language - our words and gestures too are thoughtful, wise, and as constructive as possible.To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    Right Intention / Thought - The Mindful Family Business

    Play Episode Listen Later Jun 2, 2023 51:30


    As with the word Noble above, the Eightfold Path uses a word that needs a little clarification. Each of the eight paths starts with the word Right. In this case it does not mean right as opposed to immoral, so it is not judgemental. Nor does it mean correct as opposed to wrong. It is best thought of as skilful or wise.Right Intentions or Thoughts: we need to be skilful and careful with our thoughts. If our automatic mind's reactions rule our life we have a lot of suffering and poor judgements. We should try to manage and control our thoughts so they are wiser, more considerate and constructive.To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    The Fourth Noble Truth - Time to put in the work - The Mindful Family Business

    Play Episode Listen Later May 29, 2023 52:24


    The Four Noble Truths and the Eightfold Path are shorthand reminders of the Buddha's core teachings on how to live a peaceful, fulfilling life. The formula was developed by his followers after his death as the Buddha left no written records of his teachings.Note that although still in everyday use when referring to this subject the term Noble does not refer to aristocracy or any sort of superiority. It simply means truths that make you are better person.The Fourth Noble Truth: to cultivate these skills we have to follow a path that contains eight components, as follows:As with the word Noble above, the Eightfold Path uses a word that needs a little clarification. Each of the eight paths starts with the word Right. In this case it does not mean right as opposed to immoral, so it is not judgemental. Nor does it mean correct as opposed to wrong. It is best thought of as skilful or wise.Right UnderstandingRight Intentions or Thoughts Right Speech or Communication Right Actions Right Livelihood Right Effort Right Mindfulness Right Concentration or Focus To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    The Third Noble Truth - You can deal with all this - The Mindful Family Business

    Play Episode Listen Later May 26, 2023 40:54


    The Four Noble Truths and the Eightfold Path are shorthand reminders of the Buddha's core teachings on how to live a peaceful, fulfilling life. The formula was developed by his followers after his death as the Buddha left no written records of his teachings.Note that although still in everyday use when referring to this subject the term Noble does not refer to aristocracy or any sort of superiority. It simply means truths that make you are better person.The Third Noble Truth: we can learn to cultivate skills that stop our thirsts and thus end our various forms of suffering.To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    The Second Noble Truth - Your mind can make it worse - The Mindful Family Business

    Play Episode Listen Later May 22, 2023 40:30


    The Four Noble Truths and the Eightfold Path are shorthand reminders of the Buddha's core teachings on how to live a peaceful, fulfilling life. The formula was developed by his followers after his death as the Buddha left no written records of his teachings.Note that although still in everyday use when referring to this subject the term Noble does not refer to aristocracy or any sort of superiority. It simply means truths that make you are better person.The Second Noble Truth: recognise that these different types of suffering are produced by your mind, even if the apparent cause is external. The mind reacts negatively to life experiences that we didn't want, and does the same when we don't get things we were hoping for. The Buddha called these wants and dislikes “thirsts”. It is thirsts that cause unhappy states of mind.To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    The First Noble Truth - Sh*t Happens! - The Mindful Family Business

    Play Episode Listen Later May 22, 2023 43:12


    The Four Noble Truths and the Eightfold Path are shorthand reminders of the Buddha's core teachings on how to live a peaceful, fulfilling life. The formula was developed by his followers after his death as the Buddha left no written records of his teachings.Note that although still in everyday use when referring to this subject the term Noble does not refer to aristocracy or any sort of superiority. It simply means truths that make you are better person.In this episode we explore The First Noble Truth. This states that we should be aware that life brings with it many forms of dissatisfaction, frustration, irritation, and many levels of suffering.On the face of it this may not seem too inspiring but in our conversation Martin and I explain why this is not the case. To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    What is the Mindful Family Business? - The Mindful Family Business

    Play Episode Listen Later May 22, 2023 25:09


    Welcome to The Mindful Family Business. This is an alternative look at family business governance. Through engaging and thoughtful conversations between your hosts, Russ Haworth and Martin Stepek, we are hoping to deliver to you something a little different. Utilising the expertise that Martin has on the teachings of Buddha and the combined expertise of Russ and Martin in the field of family business each podcast episode will leave you with meaningful thinking around how you own and operate a business together. If you would like to explore the role that a mindful approach can have within your family business, please contact Russ - Russ@familybusinesspartnership.com To find out more about our unique programme and how it can help you and your family business, please follow this link and download our brochure. Alternatively, you can email us Russ@familybusinesspartnership.comCopyright 2023 Russ Haworth and Martin Stepek

    Launching a New Show!

    Play Episode Listen Later May 22, 2023 3:44 Transcription Available


    So this is just a really quick show to let you know that I am launching a new show with my colleague and friend, Martin Stepek. The show is called The Mindful Family Business and will look at how you can apply the teachings of mindfulness to your family business. The new show is launching today and will feature on this feed for a limited time. After a certain time I will remove them from this feed but you will still be able to listen by subscribing wherever you get your podcasts. You can also find out more by visiting - www.familybusinesspartnership.com/mindful

    Re-imagining Transitions Part 2

    Play Episode Listen Later Mar 8, 2023 48:51 Transcription Available


    In this two part interview with Dennis Jaffe, Ken McCracken, Daniel Trimarchi and Stacy Allred we explore the topics covered in the white paper that they have co-authored. The collaboration is an example of the work being undertaken via the Ultra High Net Worth Institute (www.uhnwinstitute.org). The white paper covers three key elements of transition planning1 - Rethink 2 - Rebalance3 - Re-invent Through this discussion we explore each of these areas and gain insights from the guests on some of the key areas of this ever present topic within family business and family enterprise. You can read the paper here: https://www.uhnwinstitute.org/reimagining-family-business-transitions-rethinking-rebalancing-reinventing/Support the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Re-imagining Transitions Part 1

    Play Episode Listen Later Mar 1, 2023 61:47 Transcription Available


    In this two part interview with Dennis Jaffe, Ken McCracken, Daniel Trimarchi and Stacy Allred we explore the topics covered in the white paper that they have co-authored. The collaboration is an example of the work being undertaken via the Ultra High Net Worth Institute (www.uhnwinstitute.org). The white paper covers three key elements of transition planning1 - Rethink 2 - Rebalance3 - Re-invent Through this discussion we explore each of these areas and gain insights from the guests on some of the key areas of this ever present topic within family business and family enterprise. You can view the paper here: https://www.uhnwinstitute.org/reimagining-family-business-transitions-rethinking-rebalancing-reinventing/ Support the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Family Business Week

    Play Episode Listen Later Nov 23, 2022 48:56 Transcription Available


    In this episode I am joined by Fiona Graham from the Institute for Family Business as we discuss Family Business Week, some interesting research that will shortly be published and we debunk the myth that family businesses are old fashioned, “Mom and Pop Shops”.We also explore the contribution that family businesses make to the UK and global economies and discuss the topics that have been front of mind for family businesses on the recent IFB Tour!Useful LinksYou can find out more about the IFB and their work by heading over to their homepageYou can follow Fiona on Twitter here: https://twitter.com/FionaVGraham and email her, Fiona.Graham@ifb.org.uk. Her Linked In profile is https://www.linkedin.com/in/fiona-graham-6b2a802a/You can find out more about Family Business Week by heading over to https://www.familybusinessweek.co.uk/ and make sure you get involved by sharing your stories and celebrating your success. Support the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Myth of the Silver Spoon

    Play Episode Listen Later Nov 22, 2022 54:22 Transcription Available


    I am joined on this show by Kristin Keffeler as we discuss the myth of the silver spoon. This happens to be the title of Kristin's excellent new book which you can find out more about hereIn this really engaging conversation with Kristin we hear about her own story of growing up in a wealthy family.Kristin discusses how our relationship with wealth is not the same as our relationship with money and that there are various forms of clutter that, if we can address, we can transform those relationships and become our true selves.Useful Links You can find out more about Kristin by connecting with her on Linked In or by visiting her homepage hereSupport the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Rules or Myths?

    Play Episode Listen Later Nov 21, 2022 43:25 Transcription Available


    In this episode of the show I am joined by Dr Jim Grubman as we discuss an article he has written for International Family Offices. In this article he explores the so called "70% Rule". This "rule" states that 70% of wealth transfers globally, fail. In the show Jim highlights which studies, evidence and statistics went in to the publication of the "rule" and why it is essential for practitioners and the families that we serve to ensure that we are not repeating so called "rules" as a marketing or fear tactic. We also look at what can be done in the future to ensure we are using accurate, robust and sufficiently well diversified research criteria to understand patterns rather than to create rules or myths that can be misleading. Useful LinksThe articles that Jim references in the show can be found on his home page http://www.jamesgrubman.com/ or you can directly download the article using this link Jim also references an article that he write for The Practitioner, a publication from The Family Firm Institute (FFI). You can access that article hereSupport the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Series 11 Preview - Family Business Myths

    Play Episode Listen Later Nov 21, 2022 7:25 Transcription Available


    Well, it has been a while since I hit record on my laptop but I am back with a new series of the show that is focussing on some of the common myths that exist within the world of family business and in particular when 'marketing' to family businesses. Joining me in this series are Dr Jim Grubman, Kristin Keffeler and Fiona Graham as we look at the following: The 70% Rule Myth The Myth of the Silver Spoon The Myth that family businesses are old fashioned, andThe Shirtsleeves to Shirtsleeves myth Over the next week I will be publishing these episodes. As I mention in this preview if you are able to support the show, that would be awesome. There is a link below that explains more. Support the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    The Gift of Collaboration

    Play Episode Listen Later Jul 29, 2022 52:36 Transcription Available


    Welcome to this special bonus episode of the show. This follows an incredible week spent in the US with Jamie and Maureen Kelley from Bank of Oklahoma, or BOK Financial. Jamie and I attended and spoke at the brilliant Purposeful Planning Institute Rendezvous conference in Denver and then spent some time with Maureen and her team along with some clients. We wanted to share with you this experience and the benefits that can come from collaboration amongst professionals. As we embrace the age of Wealth 3.0 it is more important than ever to focus on the human connections with our clients. We mention in this show an episode recorded with Dr Jim Grubman, Dr Dennis Jaffe and Kristin Keffeler on the topic of Wealth 3.0. That episode can be found here: https://fambizpodcast.com/wealth/ (https://fambizpodcast.com/wealth/ ) You can contact Maureen via email at: MKelley@bokf.com and you can get in touch with Jamie or I at hello@questforlegitimacy.com The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World is available to buy on Amazon and Barnes and Noble. It will also be available in book stores.  You can follow these links to order the book:  https://www.amazon.com/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1652737849&sprefix=Quest+for+leg%2Caps%2C408&sr=8-1 (Amazon USA ) https://www.amazon.co.uk/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1656346608&sr=8-1 (Amazon UK)  https://www.barnesandnoble.com/w/the-quest-for-legitimacy-jamie-weiner/1140532974?ean=9781119868279 (Barnes and Noble ) If you would like to speak to us about a bulk order for your family, your clients or team members please email us: hello@questforlegitimacy.com   Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Humanising the Giants

    Play Episode Listen Later Jul 22, 2022 36:12 Transcription Available


    We conclude our series looking at the ground-breaking research called The Quest for Legitimacy. This research spoke with rising gen family members from around the globe and asked them to share their experiences of growing up in "The Land of Giants". In this episode Jamie and I discuss the importance of humanising the giants in our lives to allow us to be able to walk in the land of giants. The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World is available to buy on Amazon and Barnes and Noble. It will also be available in book stores.  You can follow these links to order the book:  https://www.amazon.com/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1652737849&sprefix=Quest+for+leg%2Caps%2C408&sr=8-1 (Amazon USA ) https://www.amazon.co.uk/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1656346608&sr=8-1 (Amazon UK)  https://www.barnesandnoble.com/w/the-quest-for-legitimacy-jamie-weiner/1140532974?ean=9781119868279 (Barnes and Noble ) If you would like to speak to us about a bulk order for your family, your clients or team members please email us: hello@questforlegitimacy.com   Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Breaking Moments and Liminality

    Play Episode Listen Later Jul 15, 2022 40:24 Transcription Available


    As we continue our look at The Quest for Legitimacy research Jamie and I explore what is referred to in the book at "Breaking Moments". What are they? What do they feel like? Why are they important? We then discuss what liminality is and how we are all currently living through a period of liminality. The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World is available to buy on Amazon and Barnes and Noble. It will also be available in book stores.  You can follow these links to order the book:  https://www.amazon.com/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1652737849&sprefix=Quest+for+leg%2Caps%2C408&sr=8-1 (Amazon USA ) https://www.amazon.co.uk/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1656346608&sr=8-1 (Amazon UK)  https://www.barnesandnoble.com/w/the-quest-for-legitimacy-jamie-weiner/1140532974?ean=9781119868279 (Barnes and Noble ) If you would like to speak to us about a bulk order for your family, your clients or team members please email us: hello@questforlegitimacy.com   Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    The Four Phases of The Quest

    Play Episode Listen Later Jul 8, 2022 40:31 Transcription Available


    In this episode we delve much deeper into The Quest for Legitimacy and explore the four phases.  In particular we look at examples from the research that highlight how the phases feel and are experienced. We discuss the fact that the phases are not linear and that at any point in your life you can be taken back into an awareness phase that can lead to opportunities for growth.  The four phases of The Quest are:  Awareness  Tug of War  Exploration  Ownership The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World is available to buy on Amazon and Barnes and Noble. It will also be available in book stores.  You can follow these links to order the book:  https://www.amazon.com/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1652737849&sprefix=Quest+for+leg%2Caps%2C408&sr=8-1 (Amazon USA ) https://www.amazon.co.uk/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1656346608&sr=8-1 (Amazon UK)  https://www.barnesandnoble.com/w/the-quest-for-legitimacy-jamie-weiner/1140532974?ean=9781119868279 (Barnes and Noble ) If you would like to speak to us about a bulk order for your family, your clients or team members please email us: hello@questforlegitimacy.com   Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    The Quest for Legitimacy

    Play Episode Listen Later Jul 1, 2022 32:05 Transcription Available


    In the first episode of the series we meet Jamie and hear about the depth of his experience across all of society, from Cook County Jail to large family enterprises. He shares the experience of growing up as the son of a Rabbi and the impact it had on his own life.  We dive into the research and what motivated it along with an outline for the four phases of The Quest.  The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World is available to buy on Amazon and Barnes and Noble. It will also be available in book stores.  You can follow these links to order the book:  https://www.amazon.com/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1652737849&sprefix=Quest+for+leg%2Caps%2C408&sr=8-1 (Amazon USA ) https://www.amazon.co.uk/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1656346608&sr=8-1 (Amazon UK)  https://www.barnesandnoble.com/w/the-quest-for-legitimacy-jamie-weiner/1140532974?ean=9781119868279 (Barnes and Noble ) If you would like to speak to us about a bulk order for your family, your clients or team members please email us: hello@questforlegitimacy.com   Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Series Preview - The Quest for Legitimacy

    Play Episode Listen Later Jun 29, 2022 8:37 Transcription Available


    For the past 5 years or so I have been working alongside the brilliant Dr Jamie Weiner on a research project that has been asking members of the rising generation "what is it like to grow up in the Land of Giants?" In this series we bring you the findings from the research project and share stories from those we spoke with during this ground-breaking research. Jamie has written an amazing book called The Quest for Legitimacy: How Children of Prominent Families Discover Their Unique Place in the World which has brilliantly captured the unique challenges of growing up around significance. You can order the book on Amazon here: https://us02web.zoom.us/j/81797269316?pwd=qyjKLpOCzyTBIhqqn3jazQP2FivoLb.1 (Amazon US) https://www.amazon.co.uk/Quest-Legitimacy-Children-Prominent-Families/dp/1119868270/ref=sr_1_1?keywords=quest+for+legitimacy+jamie+weiner&qid=1652737849&sprefix=Quest+for+leg%2Caps%2C408&sr=8-1 (Amazon UK ) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    The Good Ancestor Movement

    Play Episode Listen Later May 2, 2022 54:57


    On this weeks show I spend some time with Stephanie Brobbey as we discuss The Good Ancestor Movement. The impacts of the global pandemic and the war in Ukraine is bringing into focus some families relationships with their wealth and Steph has developed a fascinating way to discuss topics such as radical wealth distribution, wealth minimisation and values led wealth management. We also cover the importance of knowing your purpose and how the book Start with Why by Simon Sinek changed Stephanie's life. You can find out more about Stephanie at the following: https://www.goodancestormovement.com/ (https://www.goodancestormovement.com/) Linked In - https://www.linkedin.com/in/stephanie-brobbey-01a07416/ (https://www.linkedin.com/in/stephanie-brobbey-01a07416/) Twitter - https://twitter.com/steph_brobbey (https://twitter.com/steph_brobbey) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Psychology of Wealth

    Play Episode Listen Later Apr 25, 2022 49:27


    On this weeks show I am joined by psychologist Dr. Moira Somers as we discuss the fascinating topic of The Psychology of Wealth. We look at the following: What is the Psychology of Wealth How can advisers work together to better serve our clients Why do we procrastinate Why we are such good fun at parties! You can find out more about Moira by visiting her website https://moneymindandmeaning.com/ (here). Moira's Book can be found https://www.amazon.co.uk/Advice-That-Sticks-financial-advice/dp/1788600142/ref=asc_df_1788600142/?tag=googshopuk-21&linkCode=df0&hvadid=241181689605&hvpos=&hvnetw=g&hvrand=16037216115377679564&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=1007149&hvtargid=pla-569474930313&psc=1&th=1&psc=1 (here) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Wealth 3.0

    Play Episode Listen Later Apr 18, 2022 50:23


    In this interview I speak with Dennis Jaffe, Kristin Keffeler and Jim Grubman about what developments and evolutions are happening within "Wealth 3.0". We discuss the history of modern wealth advice and what we can learn from Wealth 1.0 and Wealth 2.0. Jim spends some time at the beginning of the episode explaining these terms in case you are unfamiliar with them. We look at what can be learned from a study of 100 year old family businesses as well as other fields such as positive psychology. You can find out more about Dennis Jaffe here: https://dennisjaffe.com/ (https://dennisjaffe.com/) You can find out more about Kristin Keffeler here: https://illumination360.com/ (https://illumination360.com/) You can find out more about Jim Grubman here: https://jamesgrubman.com/ (https://jamesgrubman.com/) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Family Wealth Integration

    Play Episode Listen Later Apr 11, 2022 71:29


    On this episode of the show I speak with Dr Jim Grubman and Tom McCullough about the topic of Family Wealth Integration. We discuss what the term means for you as a family but also for you if you are a practitioner working with families of wealth. We explore the four levels of integration that currently exist within the market; - No Integration  - Basic Integrated Financial Management   - Integrated Wealth Management  - Family Wealth Integration We then explore the challenges of developing a practice across the levels of integration and the skills needed to do so. The article that I reference in the show can be found here: https://www.familywealthreport.com/article.php?id=193160#.YkxWDZPMJTY (https://www.familywealthreport.com/article.php?id=193160#.YkxWDZPMJTY) You can find out more about The Ultra High Net Worth Institute here - www.uhnwinstitute.org and to contact them the best email address is info@uhnwinstitute.org Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Series 9 Trailer - Family Wealth

    Play Episode Listen Later Apr 11, 2022 7:10


    Welcome to this trailer for Series 9. This series I will be looking at the topic of Family Wealth in a little more detail and in particular some interesting thought leadership from some great guests. I have an interview with Jim Grubman and Tom McCullough in episode 1 of the series looking at Integrated Family Wealth, we then move on to an episode that looks at Wealth 3.0 with Dennis Jaffe, Jim Grubman and Kristin Keffeler. I then have an interview with Dr Moira Somers where we explore some of the psychology of wealth and lastly a great conversation with the founder of The Good Ancestor Movement, Stephanie Brobbey. As I mention in this show it would be great to hear from you. You can email at Russ@FamilyBusinessPartnership.com or contact me on social media, @RussHaworth on Twitter and https://www.linkedin.com/in/russellhaworth/ (https://www.linkedin.com/in/russellhaworth/) on Linked In. Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Meet your Host

    Play Episode Listen Later Feb 28, 2022 41:17


    On this weeks show the tables are turned! I am interviewed by my friend and colleague Martin Stepek. Following some requests from listeners to know more about me, I finally succumbed and asked Martin to interview me. If you want to hear more about how I became a family business adviser and how growing up in a home where my parents fostered other children impacted my life, have a listen. Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Family Business Myths

    Play Episode Listen Later Feb 21, 2022 23:11


    In this episode of the show I discuss three common myths that are often thrown at family businesses as rules or facts in order for them to act to avoid becoming a statistic themselves. The first myth is that around the number of family businesses making it to the third generation and what the often cited statistics are actually related to. We then look at the shirtsleeves to shirtsleeves myth, which has been around far longer than the statistics about succession, but is equally as unreliable as the stats. I also cover the common statement that "all you need is Governance" and highlight why I believe that in fact the discussions around the issues that can lead to governance are far more valuable than governance itself. Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Success or Succession?

    Play Episode Listen Later Feb 14, 2022 24:57


    On this weeks episode of the show I discuss the fact that often the definition of success for a family business is its ability to pass the legal ownership of the business between generations. This is obviously a fantastic part of a family business, if that is what everyone wants. But, what happens if that isn't the case and yet all the advice that is being received is focussed solely on the technical, legal and tax benefits of passing the business to the next generation? I cover some of the alternatives and use a couple of examples of how focussing on wellbeing and discussing the alternatives lead to positive outcomes for all. Links: The link to the show discussing Employee Ownership Trusts is - https://fambizpodcast.com/episode35/ (https://fambizpodcast.com/episode35/) The link to the interview with Debbie Ekins is: https://fambizpodcast.com/life-outside-the-family-business/ (https://fambizpodcast.com/life-outside-the-family-business/) You can also find out about her new businesses here: https://debbieekins.com/ (https://debbieekins.com/) and here: https://coolstoryco.com/ (https://coolstoryco.com/) If you would like a copy of the wellbeing 'tool' that I discuss in the show, please email me: russ@familybusinesspartnership.com Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    'Professionalising' the Family Business

    Play Episode Listen Later Feb 7, 2022 30:49


    On this weeks show, I speak about the topic of 'professionalising' the family business. The term is not one that I am a huge fan of as it can suggest that until that point everything you did was unprofessional. I explain what the term 'professionalisation' means and the circumstances under which it can arise. I also look at some of the common concerns or barriers to professionalisation and how to overcome them. There are many benefits to professionalising your family business and I summarise these as well. The episode I refer to where I speak in more detail about Non-Executive Directors can be found by following this link: https://fambizpodcast.com/non-executive-directors/ (https://fambizpodcast.com/non-executive-directors/) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Ownership Philosophy

    Play Episode Listen Later Jan 31, 2022 21:12 Transcription Available


    On this weeks episode I discuss ownership philosophy. Have you as an ownership group sat down and discussed why you own a business together and what ownership means to each of you? My thoughts are that when a business is set up, ownership is a byproduct of the founders passion, but as the business becomes something to pass to the next generation different perceptions of what ownership might mean to each of you can tensions within the business and the family. Having the conversation around what ownership means to each of you, whether that is before or after ownership transition has happened, can be a really positive step in creating the foundation for a multi-generational business. Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Goals and Habits

    Play Episode Listen Later Jan 24, 2022 22:54 Transcription Available


    At the beginning of any new year it is easy to set ourselves New Year's Resolutions that normally fizzle out by February. For the past couple of years I have approached my years in a different way and I thought I would share this with you in this episode. There are applicable tips in this show for you and your family business and how to shape your vision and goals. Remember to sign up to the newsletter to receive my 2022 Mission Statement LINKS: My Three Words from Chris Brogan - https://chrisbrogan.com/stories/community/3words2022/ (https://chrisbrogan.com/stories/community/3words2022/) Atomic Habits by James Clear - https://www.amazon.co.uk/Atomic-Habits-Proven-Build-Break/dp/1847941834 (https://www.amazon.co.uk/Atomic-Habits-Proven-Build-Break/dp/1847941834 ) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now

    Series 8 Preview

    Play Episode Listen Later Jan 24, 2022 9:15 Transcription Available


    Welcome to 2022! This episode provides you with a preview of what to expect in Series 8 of the show. These will be shorter episodes covering specific topics that I think you will find useful. I also signpost you to the playlists that I have created covering topics such as Succession Planning Governance Next Generation Family Wealth Sustainability and much more. Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. https://my.captivate.fm/www.fambizpodcast.com/support (www.fambizpodcast.com/support) Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to https://my.captivate.fm/www.familybusinesspartnership.com (www.familybusinesspartnership.com) Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to https://my.captivate.fm/www.fambizpodcast.com (www.fambizpodcast.com) and sign up now

    Family Business Week - Sir John Timpson

    Play Episode Listen Later Nov 26, 2021 54:33 Transcription Available


    To celebrate Family Business Week we are looking back over some of our favourite interviews with UK family businesses. Today's interview is with Sir John Timpson. Timpson's is one of the UK's most recognisable brands and their culture is the envy of most. We hear about how this culture is embedded into the business and reflected across the country by empowered staff. We also hear about Sir John's experience of fostering many children alongside his late wife Alex. As someone who grew up in a home that fostered those less fortunate than me, I can relate to how impactful the experience must have been for them. The link for the Alex Timpson Trust is - https://uk.virginmoneygiving.com/donation-web/charity?charityId=1013855&stop_mobi=yes (here) About Family Business Week Family Business Week is a week long celebration of family businesses as a force for good The pandemic has once again highlighted the vital role that businesses play in supporting their local communities, and it is these community-focused values that are at the heart of family businesses. Rooted in their local communities, family businesses provide a long-term, sustainable model which views business as a force for good.  Family Business Week 2021 is a week-long celebration of family businesses, particularly in relation to supporting local communities across all parts of the UK, and providing a platform to highlight the role of business as a force for good.  Led by the Institute for Family Business (IFB), the voice of the UK's family business sector. Find out more at https://my.captivate.fm/www.familybusinessweek.co.uk (www.familybusinessweek.co.uk) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. https://my.captivate.fm/www.fambizpodcast.com/support (www.fambizpodcast.com/support) Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to https://my.captivate.fm/www.familybusinesspartnership.com (www.familybusinesspartnership.com) Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to https://my.captivate.fm/www.fambizpodcast.com (www.fambizpodcast.com) and sign up now Support this podcast

    Family Business Week - HMG Paints

    Play Episode Listen Later Nov 25, 2021 64:01 Transcription Available


    To celebrate Family Business Week here in the UK we are looking back over some of our favourite interviews with UK family businesses. Today's interview is with Jonathan Falder of HMG Paints. We talk about how their culture is embodied throughout the business with multiple generations of the same families working for HMG. We also hear about Jonathan's experience of coming face to face with an alien! About Family Business Week Family Business Week is a week long celebration of family businesses as a force for good The pandemic has once again highlighted the vital role that businesses play in supporting their local communities, and it is these community-focused values that are at the heart of family businesses. Rooted in their local communities, family businesses provide a long-term, sustainable model which views business as a force for good.  Family Business Week 2021 is a week-long celebration of family businesses, particularly in relation to supporting local communities across all parts of the UK, and providing a platform to highlight the role of business as a force for good.  Led by the Institute for Family Business (IFB), the voice of the UK's family business sector. Find out more at https://my.captivate.fm/www.familybusinessweek.co.uk (www.familybusinessweek.co.uk) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. https://my.captivate.fm/www.fambizpodcast.com/support (www.fambizpodcast.com/support) Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to https://my.captivate.fm/www.familybusinesspartnership.com (www.familybusinesspartnership.com) Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to https://my.captivate.fm/www.fambizpodcast.com (www.fambizpodcast.com) and sign up now Support this podcast

    Family Business Week - The Arbikie Distillery

    Play Episode Listen Later Nov 24, 2021 52:00 Transcription Available


    To celebrate Family Business Week we are selecting some of our favourite interviews with family businesses here in the UK. Today's interview is with Iain Stirling from Arbikie. We discuss the collaboration that led to them creating the worlds first carbon positive Gin. About Family Business Week Family Business Week is a week long celebration of family businesses as a force for good The pandemic has once again highlighted the vital role that businesses play in supporting their local communities, and it is these community-focused values that are at the heart of family businesses. Rooted in their local communities, family businesses provide a long-term, sustainable model which views business as a force for good.  Family Business Week 2021 is a week-long celebration of family businesses, particularly in relation to supporting local communities across all parts of the UK, and providing a platform to highlight the role of business as a force for good.  Led by the Institute for Family Business (IFB), the voice of the UK's family business sector. Find out more at https://my.captivate.fm/www.familybusinessweek.co.uk (www.familybusinessweek.co.uk) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. https://my.captivate.fm/www.fambizpodcast.com/support (www.fambizpodcast.com/support) Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to https://my.captivate.fm/www.familybusinesspartnership.com (www.familybusinesspartnership.com) Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to https://my.captivate.fm/www.fambizpodcast.com (www.fambizpodcast.com) and sign up now Support this podcast

    Family Business Week - Maurizio Bragagni

    Play Episode Listen Later Nov 23, 2021 61:39 Transcription Available


    To celebrate Family Business Week here in the UK we are selecting some of our favourite interviews with family businesses here in the UK. This episode is a fantastic discussion with Maurizio Bragagni who is the CEO of Tratos, a multinational, multi-generational family business. We discuss the importance of looking after your local communities and highlight how family business can be a force for good! About Family Business Week Family Business Week is a week long celebration of family businesses as a force for good The pandemic has once again highlighted the vital role that businesses play in supporting their local communities, and it is these community-focused values that are at the heart of family businesses. Rooted in their local communities, family businesses provide a long-term, sustainable model which views business as a force for good.  Family Business Week 2021 is a week-long celebration of family businesses, particularly in relation to supporting local communities across all parts of the UK, and providing a platform to highlight the role of business as a force for good.  Led by the Institute for Family Business (IFB), the voice of the UK's family business sector. Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. https://my.captivate.fm/www.fambizpodcast.com/support (www.fambizpodcast.com/support) Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to https://my.captivate.fm/www.familybusinesspartnership.com (www.familybusinesspartnership.com) Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to https://my.captivate.fm/www.fambizpodcast.com (www.fambizpodcast.com) and sign up now Support this podcast

    Family Business Week - Interview with Josie Morris MBE

    Play Episode Listen Later Nov 22, 2021 54:20 Transcription Available


    To celebrate Family Business Week we are re-releasing some of our favourite interviews with family businesses here in the UK. In today's episode we revisit the conversation that I had with Josie Morris MBE from WoolCool. We talk about their journey to becoming a Certified B-Corp and Josie's experience of being awarded the MBE. About Family Business Week Family Business Week is a week long celebration of family businesses as a force for good The pandemic has once again highlighted the vital role that businesses play in supporting their local communities, and it is these community-focused values that are at the heart of family businesses. Rooted in their local communities, family businesses provide a long-term, sustainable model which views business as a force for good.  Family Business Week 2021 is a week-long celebration of family businesses, particularly in relation to supporting local communities across all parts of the UK, and providing a platform to highlight the role of business as a force for good.  Led by the Institute for Family Business (IFB), the voice of the UK's family business sector. Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. https://my.captivate.fm/www.fambizpodcast.com/support (www.fambizpodcast.com/support) Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to https://my.captivate.fm/www.familybusinesspartnership.com (www.familybusinesspartnership.com) Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to https://my.captivate.fm/www.fambizpodcast.com (www.fambizpodcast.com) and sign up now Support this podcast

    Family Business Week - Sir James Wates

    Play Episode Listen Later Nov 22, 2021 34:43 Transcription Available


    On this weeks show I am joined by Sir James Wates as we discuss Family Business Week. Sir James is the Chairman of The Wates Group and also the Institute for Family Business. Family Business Week 2021 is a week-long celebration of family businesses, particularly in relation to supporting local communities across all parts of the UK, and providing a platform to highlight the role of business as a force for good. We also discuss The Wates Principles. In late 2017, Sir James Wates CBE, was invited by the Government to lead the development of corporate principles for large private companies. The resulting code – now known as the https://www.wates.co.uk/articles/insight/the-wates-principles-report/?hub=who-we-are--corporate-governance (Wates Principles) was launched in December 2018 and provides a framework to help companies to meet legal requirements while promoting long term success. The Wates Principles encourage these companies to adopt a set of key behaviours to secure trust and confidence among stakeholders and benefit the economy and society in general. Follow Family Business Week on Twitter https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Ftwitter.com%2FFamilyBizWeek&data=04%7C01%7CRuss%40familybusinesspartnership.com%7Cf666ae09d51e418a5e9808d9a5bf3dc4%7Ced114aa32143426d8a82e3851f091c9a%7C0%7C0%7C637723064551017563%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&sdata=SuI%2Bv1%2BusKJ7gTy2t6ntMBOLFV9F6qA476q3mGEEqfQ%3D&reserved=0 (@FamilyBizWeek) Join the conversation using the hashtags #FamilyBizWeek and #WeSupportFamilyBiz You can read fascinating case studies or download content to share on social media at https://gbr01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.familybusinessweek.co.uk%2F&data=04%7C01%7CRuss%40familybusinesspartnership.com%7Cf666ae09d51e418a5e9808d9a5bf3dc4%7Ced114aa32143426d8a82e3851f091c9a%7C0%7C0%7C637723064551017563%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&sdata=%2FhItrY7UG%2FjdIp3iAbca%2FjBMLXfjpnmLhUnMFBpzctk%3D&reserved=0 (www.familybusinessweek.co.uk). About Family Business Week Family Business Week is a week long celebration of family businesses as a force for good The pandemic has once again highlighted the vital role that businesses play in supporting their local communities, and it is these community-focused values that are at the heart of family businesses. Rooted in their local communities, family businesses provide a long-term, sustainable model which views business as a force for good.  Family Business Week 2021 is a week-long celebration of family businesses, particularly in relation to supporting local communities across all parts of the UK, and providing a platform to highlight the role of business as a force for good.  Led by the Institute for Family Business (IFB), the voice of the UK's family business sector. Find out more at www.familybusinessweek.co.uk Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. https://my.captivate.fm/www.fambizpodcast.com/support (www.fambizpodcast.com/support) Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to https://my.captivate.fm/www.familybusinesspartnership.com (www.familybusinesspartnership.com) Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your... Support this podcast

    Sustainable Philanthropy

    Play Episode Listen Later Aug 9, 2021 47:37


    On this weeks episode we round off our series on sustainability with a discussion with Rennie Hoare, Partner and Head of Philanthropy at https://www.hoaresbank.co.uk/ (C. Hoare & Co.) a Private Bank here in the UK, as well as discussing the history of the family business, and how Rennie became a Partner in the business we look at some of the emerging trends in philanthropy and in particular "sustainable philanthropy". Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now Support this podcast

    Tratos - A Sustainable Strategy

    Play Episode Listen Later Aug 2, 2021 59:18


    As we continue our look at sustainability I am joined on the show by Maurizio Bragagni who is the CEO if Tratos. We discuss the strategy that Tratos have adopted over many years and highlight the fact that much of what is considered "sustainable" is in fact more achievable than perhaps first thought. Maurizio tells us how decisions made 30 or 40 years ago are still evident today and that a sustainable strategy starts with profit. I love the story we hear about the factory being expanded around an oak tree, for me this typifies the approach that Tratos have taken to their strategy. You can find out more about this at their website: https://tratosgroup.com/ (https://tratosgroup.com/ ) Maurizio also has a personal website here: https://www.bragagni.uk/ (https://www.bragagni.uk/) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now Support this podcast

    Diversification and Sustainability

    Play Episode Listen Later Jul 26, 2021 53:08


    On this weeks episode of the show we continue our look at sustainability and I speak to Catherine Grum of BDO about the role that diversification is playing in this. We look at what diversification is, what is driving the conversations that are being held about this and how to navigate the complexities that can arise when looking at diversifying. We discuss the role that diversification can play in helping families achieve their sustainability agenda's. You can find out more about Catherine on Linked In: https://www.linkedin.com/in/catherinegrum/ (https://www.linkedin.com/in/catherinegrum/) Or at the https://www.bdo.co.uk/en-gb/services/tax/private-client-services/family-business-advisory (BDO Family Business Services) page Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now Support this podcast

    The Ownership Project

    Play Episode Listen Later Jul 19, 2021 54:30


    On this weeks show I am joined by Dr. Bridget Kustin as we discuss The Ownership Project. The project explores $1bn family enterprises and collates what they are doing into a "Toolkit for Responsible Ownership". The study looks at seven narratives that we often hear about family businesses: Family Business as a force for good We have a long term orientation. We think in generations, not financial quarters Family owners are uniquely agile Employees prefer working in a family-owned business. Our employees are like family I don't consider the business as something that belongs to me. I consider myself a steward of it for the next generation. We care about our community Shirtsleeves to shirtsleeves in three generations Continuing our series on Sustainability we explore some of these narratives and whether they are true because we tell ourselves they are true, or because we can evidence that they are true. The Ownership Project You can find out more information about The Ownership Project here: https://www.sbs.ox.ac.uk/research/centres-and-initiatives/responsible-business/ownership-project-oxford-said (https://www.sbs.ox.ac.uk/research/centres-and-initiatives/responsible-business/ownership-project-oxford-said ) You can access the toolkit here: https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.sbs.ox.ac.uk%2Fsites%2Fdefault%2Ffiles%2F2021-07%2FA_Toolkit_for_Responsible_Ownership_-_The_Ownership_Project_at_Oxford_Sa%25C3%25AFd_-_July_2021.pdf&data=04%7C01%7CRuss%40familybusinesspartnership.com%7C4aee2954932a4c38edf908d9451732ff%7Ced114aa32143426d8a82e3851f091c9a%7C0%7C0%7C637616789685592408%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0&sdata=Iua4eV6lj7xXwsY88J8acwPMybw2JczNZJnW4WXkHs4%3D&reserved=0 (https://www.sbs.ox.ac.uk/sites/default/files/2021-07/A_Toolkit_for_Responsible_Ownership_-_The_Ownership_Project_at_Oxford_Sa%C3%AFd_-_July_2021.pdf) Dr. Bridget Kustin You can find out more about this weeks guest here: https://www.sbs.ox.ac.uk/about-us/people/bridget-kustin (https://www.sbs.ox.ac.uk/about-us/people/bridget-kustin) Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now Support this podcast

    Spenbeck and Sustainability

    Play Episode Listen Later Jul 12, 2021 51:32


    On this weeks show I am joined by Becky Valentine from Spenbeck. They are a small family owned business based in Nottingham. We discuss how they have used the UN's 17 Sustainability Development Goals or SDG's to embrace sustainability at the core of what they do as a business. Becky shares how they got started and the lessons they have learned along the way. Spenbeck's building health consultancy enables companies to take a holistic approach to their wellbeing strategies. By optimising the office physical environment through improvements to such components as indoor air quality, thermal comfort and lighting, Becky helps to maximise employee health and wellbeing. Feel free to get in touch with Becky for further details You can find out more about Spenbeck here: https://gbr01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.spenbeck.co.uk%2F&data=04%7C01%7CRuss%40familybusinesspartnership.com%7C58637a38248040eff0d508d9421d2de7%7Ced114aa32143426d8a82e3851f091c9a%7C0%7C0%7C637613516229070495%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0&sdata=7f%2BxUp2V76vP7LQ2VPtKnofbYGymdwUBzelpAhBZg1Q%3D&reserved=0 (www.spenbeck.co.uk) You can find out more about the Birkin Building here: https://gbr01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.thebirkinbuilding.co.uk%2F&data=04%7C01%7CRuss%40familybusinesspartnership.com%7C58637a38248040eff0d508d9421d2de7%7Ced114aa32143426d8a82e3851f091c9a%7C0%7C0%7C637613516229075470%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0&sdata=IzMTupX2Y9lz11rEJRSLfjY8rlp0kYwECTBgeCUpN8k%3D&reserved=0 (www.thebirkinbuilding.co.uk) and if you want to connect with Beck and discuss how she might be able to assist you, use the below links. Twitter @spenbeck1981 / @bec_valentine11 www.linkedin.com/in/becky-valentine-74b483114/ Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now Support this podcast

    Woolcool and B - Corporations

    Play Episode Listen Later Jul 5, 2021 53:36


    On this episode of the show I am joined by Josie Morris MBE. Josie is the MD of Woolcool Ltd, a 2nd Generation family business and a Certified B-Corp business.  What is a B-Corporation?https://bcorporation.net/ (Certified B Corporations) are a new kind of business that balances purpose and profit. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. They are a community of leaders, driving a global movement of people using business as a force for good. There are a number of tools and links on the B Corporation website that allow you to assess where you are in terms of the requirements for certification.  During the show Josie explains why this process was right for her family and for the business.  Josie is MD at https://www.woolcool.com/ (Woolcool), a UK based, 2nd Generation, family business founded by her mother in 2009. Woolcool are leading innovators in their sector, producing insulated packaging using Sheep Wool, providing a sustainable alternative to Polystyrene.  Support the Show The podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now. Support this podcast

    Claim The Family Business Podcast

    In order to claim this podcast we'll send an email to with a verification link. Simply click the link and you will be able to edit tags, request a refresh, and other features to take control of your podcast page!

    Claim Cancel