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How to Take Over a Family Business with Karla Trotman
In this episode, Melinda Emerson is joined by Karla Trotman, CEO of Electrosoft, to explore her journey through leadership transition and advisory board development. The conversation delves into overcoming resistance, fostering a positive business culture, and managing family dynamics within a business setting. Karla shares her insights on financial strategies and ownership in family enterprises, along with valuable lessons from the book "Dark, Dirty, and Dangerous." The episode also covers strategies for building generational wealth and legacy planning for entrepreneurs.
Karla Trotman is the President and CEO of Electro Soft, Incorporated (ESI), an electronics manufacturing and engineering firm in the U.S. She graduated with a B.S. in Business Logistics from Penn State and an MBA from Drexel University. Her career has spanned roles in supply chain logistics, purchasing, and e-commerce at notable companies such as Honeywell, Gap, and IKEA. She is also the author the new book, Dark, Dirty and Dangerous, Building a Vibrant Future of Manufacturing. For more information, https://www.KarlaTrotman.com
(0:00) Introduction and Melinda Emerson's mission
(1:16) Electrosoft's business and CEO Carla Trotman's journey
(5:21) Leadership transition and advisory board development
(9:36) Overcoming resistance and fostering business culture
(12:24) Managing family dynamics in business
(15:07) Financial strategies and ownership in family business
(17:32) "Dark, Dirty, and Dangerous" book insights
(21:50) Strategies for building generational wealth
(26:15) Legacy planning for entrepreneurs
(27:34) Carla Trotman's best business advice
(28:13) Sponsor: Small Biz Lady Academy
(29:06) Closing remarks and next episode preview
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By Melinda Emerson
5
1010 ratings
In this episode, Melinda Emerson is joined by Karla Trotman, CEO of Electrosoft, to explore her journey through leadership transition and advisory board development. The conversation delves into overcoming resistance, fostering a positive business culture, and managing family dynamics within a business setting. Karla shares her insights on financial strategies and ownership in family enterprises, along with valuable lessons from the book "Dark, Dirty, and Dangerous." The episode also covers strategies for building generational wealth and legacy planning for entrepreneurs.
Karla Trotman is the President and CEO of Electro Soft, Incorporated (ESI), an electronics manufacturing and engineering firm in the U.S. She graduated with a B.S. in Business Logistics from Penn State and an MBA from Drexel University. Her career has spanned roles in supply chain logistics, purchasing, and e-commerce at notable companies such as Honeywell, Gap, and IKEA. She is also the author the new book, Dark, Dirty and Dangerous, Building a Vibrant Future of Manufacturing. For more information, https://www.KarlaTrotman.com
(0:00) Introduction and Melinda Emerson's mission
(1:16) Electrosoft's business and CEO Carla Trotman's journey
(5:21) Leadership transition and advisory board development
(9:36) Overcoming resistance and fostering business culture
(12:24) Managing family dynamics in business
(15:07) Financial strategies and ownership in family business
(17:32) "Dark, Dirty, and Dangerous" book insights
(21:50) Strategies for building generational wealth
(26:15) Legacy planning for entrepreneurs
(27:34) Carla Trotman's best business advice
(28:13) Sponsor: Small Biz Lady Academy
(29:06) Closing remarks and next episode preview