Your mindset can affect the outward manifestations of a business. The foundation of this mindset comes from what you think and say about yourself.

If you are confident and maintain a good attitude, you will be more likely to attract the right people who will help grow your business. You’ll also be more willing to take risks and pursue opportunities you might not have considered.

This could be a challenge to multigenerational businesses that need to be more vigilant with changes. The world of business is becoming smarter and more data driven. Businesses now have access to countless data points from both inside and outside their organization. And with all this information, the business landscape and the roles of employees and entrepreneurs are changing. For multigenerational businesses to adapt, they must understand how these changes will impact them.

In this episode, John & Connie Kuder shares some coaching tips for empowering multi-generational family business members to remove family friction and recover its hidden costs, lost time, and wasted energy. We also talk about limitations of small businesses and how the mindsets of business owners affect their business’s growth, the changing business environment, and why multigenerational businesses need to adapt to grow.

 

Snapshot of the Key Points from the Episode:

[03:48] How John & Connie got into the coaching space, and what motivated them.

[06:05] How do they get into the mindset and inner work with their clients?

[12:11] Overcoming the fear of trying.

[13:53] How your mindset affects the outward manifestations in a business.

[17:00] Reasons why generational businesses have a higher rate of failure. 

[21:39] Creating a lasting change for your clients and avoiding being transactional.

[26:01] How the world of business is becoming smarter and data-driven, and why do multigenerational businesses need to adapt.

[32:05] The cost of business growth and scaling up

 

About John and Connie Kuder - 

John and Connie Kuder are the husband-and-wife owners of Kuder Consulting Group. They help multi-generation family business owners meet the challenges of family dynamics in the business and “ditch the drama.”

Both grew up in a multi-generation family business and had a lifetime of experience in their own family business and working in those of other families. They have seen the good, the bad, and the ugly first-hand.

Like most small business owners, they were not trained in the soft skills required to balance the often-competing demands of family and business. Once they found the rare skills and methods they needed and proved them effective in their own life, they felt compelled to help other business owners and spare them the pain they had endured.

 

Resources Mentioned:

1. Built to Sell: Creating a Business That Can Thrive Without You by John Warrillow:  https://www.amazon.com/gp/product/B004IYISQW/

 

1. The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber: https://www.amazon.com/gp/product/B000RO9VJK/  

 

How to connect with John and Connie:

Website: https://kuderconsultinggroup.com/ 

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

Facebook: https://www.facebook.com/kudergroup 

YouTube: https://www.youtube.com/channel/UCQ3qQnU_go0v6d5yfkPo4mg 

 

About the Host:

Ann Carden is a highly sought-after Expert Business Growth Consultant, Marketing Strategist, three-time published Author, and a #1 Bestselling Author, and Professional Speaker for small businesses and entrepreneurs.  

With more than forty-one years of business experience and coaching and consulting hundreds of coaches, entrepreneur’s and owners in more than forty different industries to more success, Ann knows what it takes to succeed in all areas of business.

After spending thirteen years in corporate business management, Ann started her journey as an entrepreneur building businesses for herself for twenty-nine years. Her first business started out of financial hardship and Ann was able to propel that business into the international market (before the internet.)

After selling that business, she went on to start and build five more businesses to succeed. She has sold those businesses and today has a passion for helping small business owners and entrepreneurs build their success.

She has been featured on the affiliates of ABC, NBC, CW, and FOX, among many other media outlets. Her articles have been published on Small Business Trendsetters and Business Innovators Magazine, and she has been a featured guest on multiple podcast shows such as; “Business Innovators Radio” podcast which can be heard at: BusinessInnovatorsRadio.com/Ann-Carden.

She was also chosen as one of the top coaches in the world by Six-Figure Coach Magazine.

Through the years Ann has educated thousands of professionals through speaking, workshops, seminars, and online platforms as a Speaker.

 

How to Connect with Ann Carden:

Website: https://anncardencoaching.com

Linkedin: http://www.linkedin.com/in/business-consultant-coach

Youtube: https://www.youtube.com/anncarden

Facebook: https://www.facebook.com/Ann-Carden-A-Carden-Inc-110882230558068/

Grab Ann's free Masterclass at www.expertinyou.us