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What’s it like to grow up wealthy? And be the son of Cloyce Box, renowned NFL football player for the Detroit Lions in the 50s, oil and real estate millionaire and owner of the famous “Southfork Ranch – home of the film series, Dallas? Doug Box is one of four sons who inherited the dynasty after Cloyce’s untimely death. The Patriarch was known for his business acumen, big personality, and giving spirit. For Doug, living on Southfork Ranch was a lavish experience- including bragging rights of having the show, Dallas, filmed there. But his life was changed when control of the estate and the business was divided among the brothers. Tension and distrust grew and lawsuits followed.“Intra-family lawsuits are like gasoline on the fire,” Doug said, blaming himself for filing the first one. “After that first lawsuit was filed, we were never able to make any decent decisions.”Having lived through the turmoil, Doug Box is more than qualified to work as a family business advisor helping them understand why it’s important to think harder and smarter about preserving the family wealth.
1-26-19 Doug Box by Bob and Stacey
This is not a happy ending. Do you have a strong matriarch or patriarch? Do you have more drama in your family business than is healthy? Do you know someone who has sued a family member? If you answered “yes” to any of these questions, this episode is definitely for you. Doug Box, 2nd generation of Box Energy Corp, experienced all of these things and more. In fact, Doug’s life pretty much reads like a Hollywood movie. He shared many of the details in his recent book, Texas Patriarch: A Legacy Lost and I was thrilled for the chance to interview him and talk about his experience specifically through the family business lense. I usually want to keep our interviews to 30-45 minutes, but I couldn’t help but ask Doug additional questions. Topics discussed in this episode: The rags to riches story of Cloyce Box—from a child of the Depression, to a Marine, professional football player, and prolific businessman A look at life in the shadow of strong, charismatic Patriarch How a rift between brothers tore a company apart Straight talk about advance planning, advisors and recognizing conflicts of interest What Doug Box says he wishes he could have done differently Lessons learned and ideas for raising today’s next generation of family business Notable and Quotable: These are lessons learned from a family business tragedy. @DouglasDBox #successfulgenerations When you combine your family enterprise with wealth, money, identity and occupation you are touching a lot of nerves.These are treacherous, combustible waters. We didn’t handle it carefully and it blew up in us. @DouglasDBox #successfulgenerations My passion is helping other families avoid the mistakes we made. @DouglasDBox #successfulgenerations They don’t make rogaine for the family tree. @DouglasDBox #successfulgenerations One thing that a strong patriarch does, is they are very, very good at getting their way. @DouglasDBox #successfulgenerations A family owned business is a very good laboratory experimenting, making mistakes and learning things. @DouglasDBox #successfulgenerations Accountability is the key to staving off entitlement. @DouglasDBox #successfulgenerations Without accountability, you will grow your entitlement limbs. @DouglasDBox #successfulgenerations My dad was a leader, not a teacher. A lot of his values died with him. @DouglasDBox #successfulgenerations Do not resolve family conflict through litigation in a family owned business. @DouglasDBox #successfulgenerations Direct Link to this episode: http://traffic.libsyn.com/successfulgenerations/Douglas_D_Box__Texas_Patriarch-_A_Legacy_Lost_-002.mp3 Want more of Successful Generations? Check out a few of our other awesome episodes: Episode 004: http://successfulgenerations.com/family-philanthropy/ Episode 003: http://successfulgenerations.com/dr-baer/ Episode 001: http://successfulgenerations.com/about-host-ellie-frey-zagel/ Subscribe Now! Don’t risk missing out on any of the fun that is to come. Learn more about Successful Generations: successfulgenerations.com FB: @SuccessfulGenerations Twitter: @EllieFreyZagel Email: ellie@successfulgenerations.com Have a topic suggestion? If you are the next generation of family business, philanthropy and wealth, and have a topic you think we should discuss, let us know at Ellie@successfulgenerations.com.
6-24-17 Doug Box by Bob and Stacey
Welcome to the inaugural episode of Cinderella has Cellulite! Donna introduces herself to the show to talk about the trouble with phone-snubbing before sitting down with motivational speaker Vicki Hitzges and author Doug Box to discuss the trials and tribulations of the modern later dater.
The Total Tutor Neil Haley will interview Author Doug Box. A book brings to life a real family drama at a place familiar to many fans of the television show 'Dallas'. The new book is called Texas Patriarch. It's a true Texas story of one man's remarkable ambition. His dazzling success in business and how an empire built on oil and cement did not last. The term larger than life seems like it was invented to describe Cloyce Box. Born into depression era poverty in central Texas Box became a star receiver in the 1950's NFL and than showed an even greater talent for business. launching companies worth tens of millions of dollars. He lived lavishly but was also famous for his generosity. Towards the end of his life though the immense wealth he had built started to slip away and his four sons sons would discover trying to preserve what their father had created would tear their family apart.
Get Real with Bob and Stacey: Real People, Real Issues, and Real Estate
Doug Box – family business advisor, author and public speaker – has entertained audiences around the country at family business forums and as a guest lecturer at top universities. Through his thoughtful presentations, he tells his own family’s incredible story: “Texas Patriarch – The Rise and Fall of a Family Business,” disclosing his unique insight on family business growth, successes and failures.