Tom Hubler the author of “THE SOUL OF FAMILY BUSINESS: A Practical Guide to Family Business Success and a Loving Family” (2018) and a family business advisor and President of Hubler for Business Families joins Enterprise Radio.
Listen to host Eric Dye & guest Tom Hubler discuss the following:
* What is the “soul” of family business?* What do you find to be the most important aspect of running a family owned business? How can families best implement this?* In the book, you talk about forgiveness as intervention. What do you mean by this?* How can family run businesses best prepare for succession planning? What if the children don’t want the business?* You talk about the “last challenge of entrepreneurship” — what is this? what’s your advice for the generation stepping away right now?
When Thomas M. Hubler began his family business consulting practice in 1980, he was one of the few professionals addressing family-owned businesses in the United States. Hubler has over 35 years of experience of working with families. While a good portion of that experience has been in working with business families, at the same time he is noted for his ability for peacemaking within families.
In his early career, he was a marriage and family therapist and, after receiving a Bush Fellowship in 1977, he pioneered the concept of succession planning in family owned businesses.
Since that time, Hubler has played a major role in shaping this field, from helping colleges and universities establish family business institutes to his work with countless families and their business enterprises. As the acknowledged “dean” of family business consulting, Hubler continues to shape this important field, helping families strengthen connections and eliminate barriers to healthy, productive family and business relationships.
Has Hubler made a difference? Don Hermes, President of Hermes Floral, a successful third-generation family-owned business and early Hubler client says: “He helped us unravel the family issues, setting the foundation for us to be successful today.”
Today, the Hubler firm continues its long-standing dedication to helping families of wealth and family-owned businesses succeed. The firm helps families develop a shared vision for the family and for the business; identify individual talents; tackle any unspoken issues; and create individual and organizational strategies to ensure a personally and financially rewarding business. In addition, the firm assists families of wealth with the creation of a wealth preparation plan that ensures family values continue to emphasize a family culture of gratitude, philanthropy and living purposeful lives.
Hubler is a founding member of the Family Firm Institute (FFI) in Boston, a professional organization serving the needs of family-owned businesses. He is a Fellow in FFI, an honor bestowed on only a very few members. In addition, he served as a professional in residence at the Uni...