Contractor Evolution

113. Why Some Family Businesses Succeed And Others Fail - David C. Bentall


Listen Later

To learn more about Breakthrough Academy, click here: https://trybta.com/PCEP1113

Check Out David’s Book Leaving A Legacy here: https://www.amazon.ca/Leaving-Legacy-David-Bentall/dp/1894860977

Connect With Next Step Advisors Here: https://www.nextstepadvisors.ca/

Did you know that 85% of businesses (globally) are family owned?  

And did you know that family businesses, on average, last twice as long as non family businesses?

Turns out entrepreneurs like to keep their success in the family.  

That doesn’t make it a walk in the park though. On the contrary, running a company with your mom, dad, sister, brother, cousin, uncle, or [insert relative] adds a layer of complexity that few understand.

How do you maintain professional, productive working relationships during business hours, and then slide into loving and nurturing family relationships the rest of the time?  

How do you keep your responsibilities to the company separate from your role as parent, son, or daughter?

Then comes the question of succession planning. Who is going to run this thing when the older generation retire?  How do we structure and prepare for that transition?

For answers to these questions and a bunch more, listen to this week’s episode of Contractor Evolution with David C. Bentall.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Contractor EvolutionBy Breakthrough Academy

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

49 ratings


More shows like Contractor Evolution

View all
The Cardone Zone by Grant Cardone

The Cardone Zone

3,906 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,799 Listeners

The Contractor Fight with Tom Reber by Tom Reber

The Contractor Fight with Tom Reber

410 Listeners

The Wealthy Contractor by Brian Kaskavalciyan

The Wealthy Contractor

214 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

359 Listeners

Modern Craftsman by Modern Craftsman

Modern Craftsman

1,133 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,327 Listeners

Dropping Bombs by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

Dropping Bombs

2,290 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

736 Listeners

UnBuild It Podcast by Unbuild It Podcast

UnBuild It Podcast

224 Listeners

Waste No Day: A Home Services Motivational Podcast by Brian Burton & Nate Minnich

Waste No Day: A Home Services Motivational Podcast

442 Listeners

The Build Show Podcast by Matt Risinger

The Build Show Podcast

339 Listeners

Dan Kennedy's Magnetic Marketing Podcast by Russell Brunson

Dan Kennedy's Magnetic Marketing Podcast

160 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

864 Listeners

BigDeal by Codie Sanchez

BigDeal

722 Listeners