Join me, Dr. Donna, your dedicated family business psychologist, as I welcome Julie Wanzer to our conversation. Julie, an expert in marketing communications for family-run businesses in the construction industry, shares her invaluable insights on women's evolving roles and the importance of digital marketing in these traditionally male-dominated sectors. Listen in as Julie recounts her personal journey of establishing credibility on construction sites and discusses the ways in which family businesses can harness platforms like LinkedIn to strengthen their online presence and become trusted brands.

In this episode, we explore the intricate world of family business dynamics with a focus on growth, succession planning, and conflict resolution. We navigate through the complex relationships inherent in family-run enterprises and consider strategies for personal branding and fostering a culture of change. With Julie's seasoned perspective, we also discuss the impact of non-family employees, the nuances of birth order, and the role of external consultants in smoothing generational transitions. Tune in for a thought-provoking discussion on maintaining trust and safety within the unique ecosystem of a family business.

Building upon our rich discussion, we examine how personal relationships within family businesses can shape the management and operational strategies of engineering and construction firms. We reflect on the critical balance between maintaining legacy and embracing innovation as new generations step into leadership roles. Moreover, we address the challenges and opportunities presented by digital marketing and in-person relationship-building across different generations. Get ready for an engaging episode that invites you to consider the harmonious integration of tradition with modernity in the context of family-run businesses.

Highlight Time Stamps:

(03:44 - 05:31) Promoting Women in Construction Industry

(07:31 - 08:30) Demonstrating Confidence in the Workplace

(10:52 - 12:12) Interest Sparks Trust and Leadership Development

(20:23 - 21:48) Building Trust in Family Businesses

(26:55 - 28:14) Team Assessment and Strengths Identification

(34:04 - 34:49) Navigating Work and Family Dynamics

(36:28 - 39:20) Succession Planning in Digital Marketing

(43:50 - 45:27) Building Relationships in the Digital Age

(46:29 - 47:36) LinkedIn Branding for Personal & Company

(50:35 - 51:46) Be Intentional in Digital Marketing

Connect with Julie Wanzer on LinkedIn:

https://www.linkedin.com/in/julie-wanzer-businessrewritten/

Learn more about Business Rewritten:

https://www.businessrewritten.com/

Order your copy of Julie’s New Book:

"Get Them to Care: How to Leverage LinkedIn to Build Your Online Presence and Become a Trusted Brand" 

Julie Wanzer’s Bio:

Julie Wanzer, LEED AP, is the author of Get Them to Care: How to Leverage LinkedIn to Build Your Online Presence and Become a Trusted Brand, and Owner of Business Rewritten, a marketing communication firm, with 20 years of experience. Ms. Wanzer is a marketing strategist and professional speaker of various communication topics, including online personal and company branding, seller-doer business development best practices, social media marketing, and professional writing workshops. She also provides corporate trainings ranging from social media strategy to seller doer business development tactics. 

She has been a business owner since 2015 with a focus on the architecture/engineering/construction (A/E/C) and commercial real estate industries. Ms. Wanzer has consulted with a variety of engineering firms and general contractors, ranging from $1 million to $5.9 billion companies, to help them increase their market value. 

Ms. Wanzer has presented on these business development and marketing strategies for several associations, including the National Association for Women in Construction, the Society for Marketing Professional Services, National Rural Water Association, American Council of Engineering Companies of Colorado, the Associated General Contractors of Colorado, and the Colorado Contractors Association.

Connect with Dr. Donna:

LinkedIn | https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

• Get your copy of Dr. Donna’s book, Unleash the Wise Leader in You! on Amazon.
• Learn more about Leadership & Team Trainings for Family Businesses
• Find out if our Women’s Leadership Group is right for you.

Podcast Category:

Business: Management

Business: Careers

Podcast Artist Name:

Dr. Donna Marino

Show Email:

[email protected]

Show Website URL:

https://www.drdonnamarino.com/

Join us at Executive Forums Leadership Workshop 2024 on Thursday, May 9th from 8 AM to 12 PM at Elgin Community College.

Address: 1700 Spartan Drive, Bldg. E • Elgin, IL 60123

Get your tickets to the Leadership Workshop HERE.

This year's topics are:

• "Process Automation" with guest speakers David Lesser and Anabel Lopez
• Panel Discussion "Pivot Point Decisions (for Business Owners) – Hold or Sell" with guest panelists Mark Mirsky, Dr. Donna Marino, Steve Webster, Brad Mart and Charles Murin.

About this episode:

Growing up on a family farm, Ed Breclaw learned early on that the roots of success are planted firmly in the soil of hard work and community ties. His journey, which we unravel in our latest conversation, is a testament to the strength and resilience of family businesses. As your go-to family business psychologist, Dr. Donna, I had the pleasure of hearing Ed share how the principles honed from his formative years have blossomed into a career supporting the backbone of our economy: family-run enterprises. We discuss the narratives of dedication to employees, the profound impact on local communities, and the importance of tailored strategies that help these ventures not just survive but thrive through times of transition.

In our conversation, we didn't shy away from the emotional depths that business decisions can dredge up, especially during pivotal moments like leadership changes or navigating the choppy waters of a global pandemic. We shed light on the psychological nuances of business succession and the liberating potential of process automation. We're not just talking shop; we're discussing the soul of family businesses, understanding it as an extension of self and a beacon for future generations. 

If you're standing at the crossroads of growth, succession, or strategy overhaul in your family enterprise, you will not want to miss the Leadership Workshop on Thursday, May 9th at Elgin Community College. 

Get your tickets today — https://www.eventbrite.com/e/executive-forums-leadership-workshop-2024-tickets-871288526437?aff=oddtdtcreator

Highlight Time Stamps:

(04:35 - 05:35) The Power of Family Businesses

(08:36 - 10:33) Mental Health and Business Development

(15:33 - 18:22) Balancing Work and Family in Business

(20:38 - 22:08) Advantages of Small Business Customer Service

(23:36 - 25:46) Executive Forum Leadership Workshop Overview

Connect with Ed Breclaw:

• LinkedIn
• Email: [email protected]

Learn more about Renaissance Executive Forums below:

https://ref.global/

Get your tickets to the REF Leadership Workshop on May 9th by clicking here: www.eventbrite.com/e/executive-forums-leadership-workshop

Ed Breclaw’s Bio:

CEO, Business Owner, Executive Coach, Trusted Advisor, Board Member, Founder of Illinois Growth Advisors, Owner/CEO Renaissance Executive Forums-Chicago West

It can be lonely at the top, but it doesn't have to be. Trusted advisor to CEO's of mid-market companies helping them to overcome dangerous obstacles that burn out people and derail consistent execution.

Ed Breclaw brings 30 years of leadership and management experience as the CEO/Owner of Renaissance Executive Forums - Chicago West and Founder of Illinois Growth Advisors. Executive Forums is a peer group advisory board service that helps top executives move from where they are now to where they would like to be by leveraging best practice tools of business thought leaders, coupled with informed peer perspective to reduce risk and thrive. 

His career progressed to positions of increasing responsibilities in the food processing, beverage and distribution industries with the H. J. Heinz Company, PepsiCo Inc., Superior Coffee and Foods, the SYSCO Corporation, and the Sara Lee Corporation. These responsibilities included growing top-line and bottom-line results, development of management teams, hiring and firing, goal setting, coaching, planning, mergers & acquisitions, and customer relationship management.

Connect with Dr. Donna:

LinkedIn | https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

• Get your copy of Dr. Donna’s book, Unleash the Wise Leader in You! on Amazon.
• Learn more about Leadership & Team Trainings for Family Businesses
• Find out if our Women’s Leadership Group is right for you.

Podcast Category:

Business: Management

Business: Careers

Podcast Artist Name:

Dr. Donna Marino

Show Email:

[email protected]

Show Website URL:

https://www.drdonnamarino.com/

Join us as we navigate the complex and emotional terrain of family business and legacy planning with our guest, Kris Fu, a financial advisor and exit planning specialist. Together, we dissect the intricacies of preparing for business exits that are more than mere financial transactions; they are about preserving personal identity and values for the generations to come. Kris shares poignant anecdotes and emphasizes the importance of thorough planning to ensure not only financial security but also the flexibility and freedom to face life's unexpected turns.

Listen in as we tackle the often-unspoken subject of financial psychology within the family business context. Our conversation reveals the challenges of early exit planning and the importance of transparent communication about financial matters. We address the cultural taboos that can impede financial literacy and explore the psychological influences on our fiscal choices. This episode underscores the value of empowering clients through education, enabling them to make decisions aligned with their unique expertise and life experiences, while offering strategies to manage stress and financial anxiety effectively.

In this engaging episode, we also emphasize the significance of open dialogue in family enterprises, especially when it comes to succession and inheritance discussions. Kris and I explore how establishing a clear vision, mission, and core values can guide decision-making and resolve communication breakdowns. We explore the concept of 'money stories' and the impact of our formative years on financial beliefs, pondering the possibility of reshaping these narratives for the better. Hear how seeking expert advice and assembling a team of advisors can bolster business owners, allowing them to concentrate on their passions while ensuring the legacy of wealth and values endures through the generations.

Highlight Time Stamps:

(03:49 - 04:44) Building a Lasting Legacy

(10:14 - 12:02) Planning for Retirement Dreams

(13:37 - 14:43) Challenges in Passing Down Family Business

(23:23 - 24:08) Conviction vs. Convenience

(33:16 - 34:31) Entrepreneurial Challenges and Delegation

Connect with Kris Fu:

• LinkedIn
• Instagram
• Be sure to checkout Kris’ podcast Wealth Movement on YouTube

Learn more about Evoke Wealth Management :

https://www.evokewm.com/

Kristoffer Fu’s Bio:

I am a dreamer, that is what my wife tells me all the time, and I don't fight her on this one. We have been married for almost 12 years and have no children, but we do have a 6-year-old mini golden doodle, Beezley Noodle, who we consider our daughter. I have lived in Southern California my whole life. When I'm not working on my business or in the business or creating wealth content such as my podcast, I like to unwind by riding on my motorcycle around Orange County, especially along the coast on PCH. I enjoy reading various books, from biographies to self-growth, to books about business, and I enjoy watching YouTube videos about the stars, the universe, and travel food channels. I love watching movies, especially a great movie over and over again. I also enjoy watching documentaries in my spare time. I am a foodie and I enjoy listening to electronic music and motivational podcasts while I'm at the gym.

Connect with Dr. Donna:

LinkedIn | https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

• Get your copy of Dr. Donna’s book, Unleash the Wise Leader in You! on Amazon.
• Learn more about Leadership & Team Trainings for Family Businesses
• Find out if our Women’s Leadership Group is right for you.
• 
  

Podcast Category:

Business: Management

Business: Careers

Podcast Artist Name:

Dr. Donna Marino

Show Email:

[email protected]

Show Website URL:

https://www.drdonnamarino.com/

Unlock the secrets behind the success of family businesses and the art of maintaining a vibrant company culture even as businesses scale. Our latest episode featuring special guest, Rico Nasol takes you on a deep dive into the world of Zappos and Netflix, contrasting their unique approaches to leadership and culture development. We examine the transformation of Zappos under Tony Hsieh, whose investment and leadership turned it from Nick Swinmurn’s and his wife’s vision into a retail juggernaut, all while preserving its family-oriented ethos.

This episode isn't just about storytelling; it's a masterclass in fostering a workplace where clarity and autonomy are not just buzzwords but the foundation of innovation and dedication. We navigate the murky waters of crucial conversations, emphasizing the role of emotional intelligence and the power of staying centered during conflict. Our guest, business coach Rico Nasol, lends his expertise to the conversation, enriching our understanding of the underpinnings at play in executive decision-making and the embrace of diversity.

Wrapping up our conversation, we touch upon the strategic elements that propel creative workflows to new heights, as evidenced by Netflix's industry-shaping practices in digital content curation. We highlight how a nurturing team culture can coexist with high-performance expectations and how diversity is not just a box to check but a catalyst for growth and innovation. Join us for a session that promises to reshape your perspective on leadership and culture in the business world, all through the lens of two transformative companies.

We discuss:

• The emotional journey of transitioning a family business
• How to balance legacy with innovation
• The power of effective communication and the Emergenetics tool
• Holistic leadership and its impact on conflict management

Highlight Time Stamps:

(03:45 - 04:20) Zappos' Family-Focused Approach (35 Seconds)

(07:41 - 09:20) Challenges of Middle Management (99 Seconds)

(12:34 - 13:54) Ambiguity vs. Clarity in Leadership (79 Seconds)

(18:58 - 20:15) Importance of Employee Involvement and Communication (76 Seconds)

(22:55 - 24:26) The Importance of Autonomy and People (91 Seconds)

(28:40 - 29:37) Interpreting Communication in Remote Work (57 Seconds)

(34:37 - 35:39) The Feedback Sandwich Technique (62 Seconds)

(39:18 - 40:28) Getting Into Flow State as Creatives (70 Seconds)

(46:48 - 47:23) Leadership Through Coaching and Mentoring (34 Seconds)

(49:47 - 50:40) Obtaining Book on Leadership Skills (53 Seconds)

Connect with Rico Nasol:

https://www.instagram.com/riconasol/

https://www.linkedin.com/in/riconasol/

https://www.youtube.com/riconasolleadership

https://www.tiktok.com/@riconasol

Pick up your copy of Rico’s book: The 7-Figure Leader: Unleash Leadership Excellence

Learn more about Rico’s coaching: www.riconasol.com

Rico’s Bio:

Rico Nasol is an accomplished business leader and entrepreneur with over 18 years of global experience in various roles across seven countries. Rising from humble beginnings, Rico's journey led him through significant roles at Zappos and Netflix, where he played a pivotal role in establishing the Netflix Creative Studio from the ground up.

Passionate about leadership transformation, Rico has developed a unique 6 week program aimed at executives, aspiring leaders, and entrepreneurs. This program encapsulates Rico's personal journey, complete with valuable lessons and insights, providing a fast track to success while helping individuals avoid common pitfalls.

Connect with Dr. Donna:

LinkedIn | https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

• Get your copy of Dr. Donna’s book, Unleash the Wise Leader in You! on Amazon.
• Learn more about Leadership & Team Trainings for Family Businesses
• Find out if our Women’s Leadership Group is right for you.
• 
  

Podcast Category:

Business: Management

Business: Careers

Podcast Artist Name:

Dr. Donna Marino

Show Email:

[email protected]

Show Website URL:

https://www.drdonnamarino.com/

Join me, Dr. Donna, on a journey through the complex and emotionally-charged landscape of family-run businesses, where the confluence of personal relationships and professional responsibilities often leads to unique challenges. Listen in as Stephanie Polen, an expert in team dynamics and founder of The Polen Group, shares her invaluable insights on navigating conflict using the CARE method. We discuss the critical role of clarifying, aligning, and reflecting to manage tensions and how embracing disagreements can actually foster growth and innovation.

This conversation with Stephanie takes a turn to the heart of family enterprises facing transitional hurdles, examining the intricacies of a business pivot from employee ownership to a private equity sale. We unravel the layers of trust, legacy, and emotional impact such decisions have on both employees and family members. Stephanie emphasizes the importance of a thorough clarification process to ensure that all stakeholders are on the same page, which is pivotal in aligning business goals with family values during times of change.

Finally, we address the essentiality of effective communication and conflict resolution in building a robust team. Stephanie introduces the Emergenetics tool, highlighting how understanding diverse communication styles can lead to better collaboration and prevent conflicts from reoccurring. Moreover, we touch on the holistic approach to leadership, considering personal well-being and its influence on professional interactions. We close the episode with an open invitation to connect with Stephanie and engage with us further on this topic, encouraging listeners to bring their own experiences into the conversation.

We discuss:

• The emotional journey of transitioning a family business
• How to balance legacy with innovation
• The power of effective communication and the Emergenetics tool
• Holistic leadership and its impact on conflict management

Highlight Time Stamps:

(04:53 - 05:56) Reflective Approach in Resolving Conflicts

(08:53 - 09:45) Building Trust and Engagement in Teams

(12:02 - 14:31) Emphasizing Organizational Values and Conflict Resolution

(19:43 - 21:09) Family Business Succession Challenges

(25:41 - 27:32) The Power of Pausing and Understanding

(29:01 - 30:02) Communication Assessment Tool Impact

(32:00 - 33:51) Implementing Lasting Business Transformation

(35:37 - 37:42) Importance of Sleep and Stress Management

Connect with Stephanie Polen:

LinkedIn 

Learn more about The Polen Group :

www.thepolengroup.com

Stephanie’s Bio:

Stephanie Polen applies her over two decades of dynamic executive leadership experience, orchestrating teams through significant business transformation while delivering substantial bottom-line outcomes to empower her clients to do the same. A visionary with heart, she is dedicated to unlocking individual and team potential. Her professional journey, spanning roles from Product Development and Human Resources to Marketing and Business Development, is a part of the diverse repertoire she uses to catalyze transformation and inspire personal success.

With a career spanning varied roles and corporate contexts, Stephanie now extends her expertise to pioneer a holistic partnership approach that seamlessly fuses the insights of a consultant with the guidance of a coach.  Specializing in seasons of rapid transformation, she brings her experience in family-owned enterprise, navigating acquisitions, private equity, and public listing to help her clients see the human first during these times.

As Founder of The Polen Group and creator of Unshakeable LeadersTM, she guides teams and individuals through transformation. With a variety of certifications in executive and team coaching, conflict, psychological safety and more, she harnesses tools to grasp holistic strengths and drive collective success. Stephanie’s goal is to guide her clients through the most tumultuous transitions with wisdom, empathy, and strategic brilliance.

Connect with Dr. Donna:

LinkedIn | https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

• Get your copy of Dr. Donna’s book, Unleash the Wise Leader in You! on Amazon.
• Learn more about Leadership & Team Trainings for Family Businesses
• Find out if our Women’s Leadership Group is right for you.

Podcast Category:

Business: Management

Business: Careers

Show Email:

[email protected]

Show Website URL:

https://www.drdonnamarino.com/

Join us for an enlightening discussion with Gregory Monday, a seasoned family business attorney who brings his wealth of knowledge to our conversation about the nuances of succession in family-run businesses. Listen in as Greg sheds light on why governance, ownership, and the right succession strategies are pivotal for the longevity of these enterprises. Through an engaging case study from India, we discover how a strong board can be the saving grace during family disputes, and Greg emphasizes the critical intersection of estate planning with business transactions for a robust legal framework.

In this episode, we explore the immediate rewards and long-term benefits of early succession planning, highlighting how crucial it is for family businesses to start these conversations sooner rather than later. We tackle the delicate subject of defining roles and preventing conflict, particularly when family dynamics are complex. Greg shares his insights on the strategic division of company assets tailored to each successor's strengths, not only to uphold the family legacy but also to optimize tax benefits and other advantages.

Conflict in family businesses can be intricate, and we tackle this topic head-on, focusing on scenarios where non-biological family members play active roles in the business. With a case study that navigates through a family business affected by divorce, we discuss the benefits of a multidisciplinary approach, combining legal, therapeutic, and coaching expertise. Wrapping up, we discuss the merits of independent directors in family businesses and how they can serve as invaluable mentors and mediators. For anyone invested in the world of family-run enterprises, this conversation with Greg Munday is a must-listen, filled with actionable insights and strategies to ensure your family business thrives for generations to come.

We discuss:

🔑 The critical importance of early succession planning

👥 Navigating the intricacies of family dynamics and roles

🤝 How independent boards can act as mentors and mediators

💼 Crafting strategies that align business objectives with family values

Highlight Time Stamps:

(03:36 - 04:20) Family Business and Governance Practices

(06:16 - 07:12) Family Struggles and Business Governance

(10:25 - 12:43) Succession Planning for Family Businesses

(16:53 - 18:01) Family Governance and Legal Documents

(21:45 - 23:02) Mediating Family Business Ownership Transition

(28:18 - 29:02) Generational Miscommunication and Conflict Resolution

(33:23 - 34:45) Sharing an Airplane Armrest

(40:34 - 41:40) Family Business Succession Tips and Advice

Connect with Greg Monday:

LinkedIn | Instagram 

Learn more about Reinhart Law :

www.reinhartlaw.com

Get your copy of Greg’s book: The Lawyer's Guide to Family Business Succession Planning

Connect with Dr. Donna:

LinkedIn | https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

• Get your copy of Dr. Donna’s book, Unleash the Wise Leader in You! on Amazon.
• Learn more about Leadership & Team Trainings for Family Businesses
• Find out if our Women’s Leadership Group is right for you.



How often do you consider the legacy your family leaves on the world and the values that propel you through life's challenges? Embark with me, Dr. Donna, on a narrative that weaves together the threads of familial bonds, an unwavering work ethic, and the transformative power of tragedy. This episode is not just a recount of my family's story and their connection to New York's towering skyline, but also a testament to how their legacy fuels my current mission: empowering family-run businesses to flourish with the strength of unity, dedication, and resilience.

As we journey through my career evolution, from clinical psychology to the vibrant field of coaching and consulting for family enterprises, I open up about the deep-rooted commitment to honor my father's memory by spreading goodness in the world. This is not merely a profession for me—it's a crusade to instill leadership, harmony, and prosperity in the tapestry of family businesses. Listen as we navigate the complexities of creating dream teams, seamless successions, and the nurturing of new leaders, all while sharing actionable insights and personal anecdotes that promise to enrich your approach to family business and life itself.

Follow Dr. Donna:

LinkedIn: https://www.linkedin.com/in/drdonnamarino/

Learn more about Dr. Donna:

Website: https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

Book: Unleash the Wise Leader in You! On Amazon!

Family Business Coaching: https://www.drdonnamarino.com/training-workshops

Women’s Leadership Group: https://www.drdonnamarino.com/wise-leadership

Welcome to Courageous Conflict, hosted by Dr. Donna Marino, a family-run business specialist. Join us to nurture a "Dream Team" mindset, ensuring seamless succession, scalability, and new leadership. Gain expert insights and practical tips for harmonious, thriving family enterprises. Your journey starts now!