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Is Family Business Coaching Different? | 819

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Manage episode 484914082 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

“You don’t need a coach who knows everything. You need one who knows what questions to ask.” - Dave Lorenzo

What You’ll Discover Today:

If you’re a CEO running a family business, this episode is for you. Today, Dave Lorenzo breaks down why family business coaching is completely different from one-on-one coaching and why working with the right firm can be a game-changer.

Key Topics Discussed:

  • The Personal Dynamic Inside a Family Business
    • How family roles (dad, mom, sibling) create a unique leadership challenge
    • Why emotional crossover between home and business must be managed
    • The importance of trained professionals like psychologists and mediators on your coaching team
  • Professionalizing the Family Business
    • How to shift from survival mode to wealth-building mode
    • The critical difference between reinvesting everything in the business and taking distributions
    • Why family businesses must learn to treat themselves like shareholder-owned corporations
  • Exit Planning with Options
    • Why preparing for a potential sale—even if you never plan to sell—boosts value
    • Options for internal succession, ESOPs, and outside buyers
    • Using valuation and exit planning to drive clarity, competitiveness, and control

Links and Resources:

Call to Action:

If you're running a family business and you want to grow it, professionalize it, or prepare it for a successful transition, give us a call. You don’t have to go it alone.

  continue reading

818 episodes

Artwork
iconShare
 
Manage episode 484914082 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

“You don’t need a coach who knows everything. You need one who knows what questions to ask.” - Dave Lorenzo

What You’ll Discover Today:

If you’re a CEO running a family business, this episode is for you. Today, Dave Lorenzo breaks down why family business coaching is completely different from one-on-one coaching and why working with the right firm can be a game-changer.

Key Topics Discussed:

  • The Personal Dynamic Inside a Family Business
    • How family roles (dad, mom, sibling) create a unique leadership challenge
    • Why emotional crossover between home and business must be managed
    • The importance of trained professionals like psychologists and mediators on your coaching team
  • Professionalizing the Family Business
    • How to shift from survival mode to wealth-building mode
    • The critical difference between reinvesting everything in the business and taking distributions
    • Why family businesses must learn to treat themselves like shareholder-owned corporations
  • Exit Planning with Options
    • Why preparing for a potential sale—even if you never plan to sell—boosts value
    • Options for internal succession, ESOPs, and outside buyers
    • Using valuation and exit planning to drive clarity, competitiveness, and control

Links and Resources:

Call to Action:

If you're running a family business and you want to grow it, professionalize it, or prepare it for a successful transition, give us a call. You don’t have to go it alone.

  continue reading

818 episodes

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