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With two decades of expertise in the recruitment realm, Michael Simonyi of Simonyi Recruitment steps into our audio abode to share the nuances of nurturing networks and the intricate dance of succession planning within family businesses. Michael, who's carved a niche for himself, spills insider knowledge on the transformation of recruitment strategies from cold calls to a solid referral-based framework. He dives deep into the art of handpicking clients, the synergy with accountants and advisors, and how organisations like Family Business Australia have become instrumental in expanding his professional circle.Venturing into the familial corridors of power, we unpack the emotional labyrinth that founders of family enterprises navigate as they pass the torch to the next generation. The conversation takes a turn into the Shakespearean drama of sibling rivalry and the complexities of choosing a successor—whether the mantle should rest on the shoulders of bloodline or be entrusted to an outsider's capable hands. Michael's recount of real-world business sagas underscores the intensity and sensitivity that lace the journey of leadership transition, illuminating the necessity for expert guidance through this precarious path.As we wrap up this episode, Michael gifts us his playbook for networking and business growth, championing a presence at industry events that prioritises learning and connection over aggressive sales pitches. He shares tactics for leveraging platforms like the Family Business Association to weave a strong web of referrals and details how social media, specifically LinkedIn, can serve as a loudspeaker for recruitment efforts. The culmination of our chat with Michael is a reflection on the gratification derived from a career built on passion and perseverance, leaving us with insights that resonate far beyond the sphere of recruitment.· Our Website is: xrecruiter.io · Podcast Hotline: 0485 865 483 · Join Our Discord: https://discord.gg/acGZHJKTWt
Building a franchising empire, family business and cultural diversity Sara Pantaleo is a businesswoman who has always loved working and mentoring people. Migrating to Melbourne from Italy with her family as a teenager, Sara went on to work with mainframe systems in IT operations at NAB. In 1996 she joined La Porchetta as Distribution and Administration Manager – taking a major shift from the corporate environment into family business. Appointed as CEO in 2005 and to the board in 2010, after her brother was tragically killed in a road accident, Sara was instrumental in driving La Porchetta's growth to become the largest, licensed, a-la-carte restaurant franchise in Australasia. Her passion for franchising as a business model has been reflected in service on the boards of the Franchise Council of Australia and Family Business Australia - the peak body for a sector that accounts for almost half a million businesses and 50% of the Australian workforce. Sara is an inaugural member of WOB's Cultural Diversity Committee and in this podcast she talks to Claire about growing up in Italy, making the move from the corporate world into running a hugely-successful family business and dealing with systemic gender and cultural discrimination along the way. Find out more Sara Pantelao Claire Braund (host) Women on Boards (WOB) Membership, events & services, please visit our website. To receive our weekly newsletter, subscribeto WOB as a Basic Member (free). Join as a Full Member for full access to our Board Vacancies, WOBShare (our online member platform) and more.
It's another great day here on The Prosperity Perspective Podcast, and our host Liam Leonard is excited to bring on a master of EXITING and a globally prominent coach, Simon Bedard. Today, Simon will share with the audience several key components of his exiting model, particularly what you should do to prepare before it's time to actually exit. Learn to better strip away the excess and identify your core needs as an individual while ensuring a fluid and safe transition out of the captain's chair.3 Key TakeawaysHow a bowl of spaghetti can be compared to many of Simon's client mindsets in the beginningThree specific components of Simon's exiting modelHow piloting a plane can be compared to investingAbout Simon BedardSimon Bedard is the CEO of Exit Advisory Group, a boutique M&A firm, that also provides a range of advisory services focused on exit strategies and how to maximize company value.Simon's experience spans over 20 years in the finance, investment, energy, and technology sectors. As an entrepreneur, Simon has started, bought, and exited companies. He has also worked for one of Australia's largest banks, as an investment advisor to high net worth clients and private companies, in their Institutional Banking & Global Markets division.Simon has earned an MBA (with distinction) and a Diploma of Financial Markets. He is a licensed Business Broker, a registered Business Valuer, and is a member of the Australian Institute of Company Directors, the Advisory Board Center, and Family Business Australia, whilst also sitting on a number of Boards.Simon's passion is helping business owners understand where they want to be, then building a business that can get them there. Simon is also the host of BUY GROW SELL, the podcast for entrepreneurs looking to acquire, grow, or exit a business.ResourcesWebsite: exitadvisory.com.auLinkedin: (Tell him you heard him on the Prosperity Perspective)LinkedIn Company PageFacebook PageInstagram PageYouTube Channel Buy Grow Sell PodcastWebsite: buygrowsell.comLinkedIn Company PageFacebook PageInstagram PageYouTube Channel
After 25 years in a family business, Martin Tobin knows a thing of two about the advantages, challenges and issues of mixing business with family. From blurred relationships, sibling rivalry and succession planning, Martin upacks how to make a family business truly work. Martin is the Director of Kin in the Game, a family business advisory service, and Victorian Chairman of Family Business Australia. Previously he was Managing Director of Tobin Brothers Funerals (Melbourne). Kin in the Game: http://kininthegame.com.au/ Connect with Martin on LinkedIn: https://www.linkedin.com/in/martintobin/
If you’re considering retiring in the next few years, will you be passing on your business to the next generation? If so, now’s the time to start the process, advises Greg Griffith, CEO of Family Business Australia. FBA in partnership with Australian Small Business and Family Enterprise Ombudsman has developed, ‘Download ‘An Introductory Guide to Family Business Succession Planning'. Greg outlines the key points owners should think about when handing over a business to the next in line. Reference Download ‘An Introductory Guide to Family Business Succession Planning': https://www.familybusiness.org.au/resources/introductory-guide-to-succession-planning Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for privacy information.
This weeks show is an interview with Jeremy Manford. Jeremy is the CEO of his family business, Compu-Stor based in Australia. In this interview we discuss Jeremy's experiences of joining the business, succeeding his father and how he and his brother have recently clarified their roles to make best use of their resources. We also hear about the value that Jeremy and his family have found in being members of Family Business Australia and how valuable having peers you can discuss challenges with is. Something that I will specifically be speaking about in next weeks show! I am very grateful to Jeremy for sharing his experiences and the lessons we can all learn from them. If you want to find out more about the business you can head over to https://www.compu-stor.com.au/ (https://www.compu-stor.com.au/) You can find Jeremy on Linked In, here: https://www.linkedin.com/in/jeremy-manford-compu-stor/ (https://www.linkedin.com/in/jeremy-manford-compu-stor/) 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
John Broons shares on “Whats you origin story?" and “Who really owns the business?” About: As a highly experienced mentor, coach and Specialist Accredited Family Advisor with Family Business Australia for almost 30 years', John Broons has been immersed in business consulting since the early 1990s. Spanning more than 40 years' of experience, his strengths centre around being able to simplify the complexities of business leadership, ownership, people and culture. Constantly working with business owners and executives on creating, challenging and focusing their business strategy and widely sharing his expertise through engagements as a professional facilitator, presenter and Keynote Speaker. Early on in his career, John worked within his own 3rd generation family-owned company. The broad base business of the family company – sawmilling, wholesale timber and construction – was the perfect place to hone and stretch his business management skills, as well as experiencing first-hand the complex dynamics of a company structure. John frequently draws on those personal experiences and shares them as examples (of both good and bad) when helping executives build their own company legacy and establishing positive, open environments and cultures. Specialties · Succession planning · Family Dynamics / Families in business ( Watch John's family business video channel) · Leadership training and development · Business strategy · Change management · Advisory boards · Strategic planning and business structures Leadership Training Professional awards and memberships: · Family Business “Advisor of the Year” 2019/202 for Family Business Australia – (https://youtu.be/KUuRf8FQrD0 ) · Certificate and Advanced Certificate Family Business Advisor – Family Firm Institute · Fellow of Family Firm Institute (Boston, USA) · Specialist Accredited Family Business Advisor (Family Business Australia) · Robert Norse Award (the founder of TEC) 2013 – (one of only two awarded in Australia in the past 30 years) · Seven Gold Chair Excellence TEC Awards – 2012, 2013, 2014, 2015, 2016, 2017, 2018 and 2019
Keeping it in the family The most powerful business group in Australia isn't the major internationals or big corporates. It's not the ASX listed companies that works for shareholders, it's those that have put their own dollars, assets, blood, sweat and tears into their businesses. The true engine of the Australian economy is the family business. Family Business Australia (FBA) is the group that represents, supports, and networks the businesses that employ such a large proportion of the Australian population. It is an organisation that provides the leadership and education to businesses that have a very different makeup to that of a non-family business. There are different challenges and advantages that a family business experiences with topics like secession planning and governance high on the agenda. Jeff Ash is the WA State Chairman and National Board member of Family Business Australia and a family business owner himself. Jeff shares some wonderful insights into the world of family businesses and what drives, motivates and keeps them focussed. Jeff is a sought-out commentator on business and can give a very accurate view and maybe one that is more measured on the real issues faced by businesses. Education and Connection is what Jeff talks about as being the major drawcard for any family business to be involved with FBA. With the country pushing itself out of this pandemic, the government looking to wind back the economic stimulus and getting back on track we need some very strong leadership. You will be hearing a lot more from Jeff and FBA in the media as we fight our way out of 2020.
Join Brooke Corte and Scott Haywood for Let's Talk Business Melbourne small businesses are desperately awaiting a green light to reopen after being forced to shut up shop for three months Businesses must ensure they're set up to take payments from a growing range of modern alternatives, including Buy Now Pay Later platforms Travel agents are in a world of pain and inundating the Small Business Ombudsman's office as state borders remain closed Mark Kagan from Family Business Australia shares advice on reopening in a COVID-Safe manner See omnystudio.com/listener for privacy information.
Andy Kennard is the son of Kennards Hire founder, Walter Kennard. Andy talks about how he grew the business with his brother, and what he learnt from travelling to the U.S. In addition to this, Andy recognizes the value that Family Business Australia played in keeping Kennards Hire a privately owned company.
Julian Campbell talks about family business with Wendy Foster, from Family Business Australia, and discusses the business planning process.
Julian Campbell talks about family business with Wendy Foster, from Family Business Australia, and discusses the business planning process.
David spent 25 years as a senior executive and Director of Smorgon Consolidated Industries which was one of Australia's largest family companies. Since then he has held a number of positions, notable president of the Western Bulldogs Football club, and the inaugural chairman of Family Business Australia. Today he shares his wisdom as a well-regarded consultant to successful family business, where he asserts that most family businesses fail for family reasons not business reasons. During this podcast David talks about transitions in business and life. How these transitions are inevitable and bring with them both good news and bad news. Everyone loves the good news, but it's how we deal with the bad news, the failures, disappointments, that really matters. It's not what happens, but our attitude and how we deal with it that counts. He councils us to regard failure as a detour, not a defeat. Treat it as a learning experience that if we can accept the lesson can move us forward to new heights. Love the 3 fundamental questions he asks of any potential partner: Who are you? (do I like you? - are you friendly, humble, do you smile, do you care beyond yourself) What do you stand for? (what are the beliefs, principles and values that drive your behaviour) Where are you going? (what do you want to achieve) David also believes that most businesses, families and individuals could experience even greater success if they have written answers to these questions ... "the faintest ink is better than a distant memory" His final lesson for my youngest daughter - and all of us - is you can only do so much by yourself. You need the involvement of others to increase your chances of experiencing a fulfilling, meaningful and successful life. David's website is http://pointmade.com.au/
Craig West is a strategic accountant and the CEO of Succession Plus which is a specialised advisory practice focused on small business owners to help them manage the four key strategic issues that SME's face as they grow - Raising Capital, Building Equity, Protecting that equity and extracting the value you have built when you exit. Craig is a CPA and has been advising businesses in management, taxation and accounting issues for over 15 years. He specialises in business structuring and succession planning and has had extensive experience working with clients to improve their financial performance - with proven results. Craig has conducted numerous seminars and presentations throughout Australia for the Department of Industry, Tourism and Resources, MLC, L J Hooker, the NSW Department of State & Regional Development, NSW Chamber of Commerce and CPA Australia. He is an accredited advisor with Family Business Australia as well as sitting on FBA's NSW advisors committee and is a founding member of Thought Leaders. Craig acts as a strategic business and financial mentor for business owners and has written three critically acclaimed books educating business owners on employee incentives, succession planning and asset protection. Craig has also recently been invited to complete a PhD in Business Succession Planning at Deakin University in Melbourne; is the President of the Australian Chapter of the Exit Planning Institute and one of only eleven people in Australia accredited as a Certified Exit Planning Advisor.
Episode 1: The Case for Supporting Carers in the Workplace - How can employers support? In this episode, we talk to Danielle Robertson – a recognised leader in carer support for organisations and carers alike. Danielle has worked in the caring industry for over 3 decades. She was the CEO of Dial-An-Angel – leading company supporting families with Home, Aged, Child and Family care. In 2016 Danielle became Chairman of the NSW/ACT Chapter of Family Business Australia and is a national board member of the Association. Some of the topics we will cover with Danielle include: • The business case for supporting employees • The reality of what it’s like to be carer today • Challenges faced by carers who are balancing their caring responsibilities with work responsibilities • Practical examples of how organisations can bring ‘the caring conversation’ out into the open • Policies and benefits that support employees who are carers
Julian Campbell looks at keeping harmony in the family business with Richard Owens, from Family Business Australia, and discovers four types of nnovation with Christina Gerakiteys, from Ideation At Work.
Julian Campbell looks at keeping harmony in the family business with Richard Owens, from Family Business Australia, and discovers four types of nnovation with Christina Gerakiteys, from Ideation At Work.
Julian Campbell talks to Wendy Foster, from Family Business Australia, and to Christina Gerakiteys.
Julian Campbell talks to Wendy Foster, from Family Business Australia, and to Christina Gerakiteys.
Starting his work life as a graduate in engineering out of university, Steve has had several career changes. He makes an interesting distinction between a business that has been “corporatized” with its command and control leadership style, where shareholder return on equity is the dominant focus. And a business that has been “professionalised with a soul” with its collaborative inclusive leadership style, where money making is in support of a higher purpose that does good in the world, which more fully engages all stakeholders - staff, customers and shareholders. Steve quotes many examples of the benefits of the latter approach, including WholeFoods from the USA, which substantiates the validity of such an approach. He then goes onto talk about his attraction to both Family Business Australia www.fambiz.org.au and recently Conscious Capitalism ww.consciouscapitalism.org.au. Lastly he talks about saying Yes to opportunities even if you don't have all the skills just yet. Steve con be contacted at sdsamson54@gmail.com