“You don’t need a coach who knows everything. You need one who knows what questions to ask.” - Dave Lorenzo

What You’ll Discover Today:

If you’re a CEO running a family business, this episode is for you. Today, Dave Lorenzo breaks down why family business coaching is completely different from one-on-one coaching and why working with the right firm can be a game-changer.

Key Topics Discussed:

• The Personal Dynamic Inside a Family Business
  • How family roles (dad, mom, sibling) create a unique leadership challenge
  • Why emotional crossover between home and business must be managed
  • The importance of trained professionals like psychologists and mediators on your coaching team
• Professionalizing the Family Business
  • How to shift from survival mode to wealth-building mode
  • The critical difference between reinvesting everything in the business and taking distributions
  • Why family businesses must learn to treat themselves like shareholder-owned corporations
• Exit Planning with Options
  • Why preparing for a potential sale—even if you never plan to sell—boosts value
  • Options for internal succession, ESOPs, and outside buyers
  • Using valuation and exit planning to drive clarity, competitiveness, and control

Links and Resources:

• Subscribe Via Email: GetInsideBS.com
• Listen on Spotify: Inside BS Show on Spotify
• Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
• Call Us: (305) 692-5531

Call to Action:

If you're running a family business and you want to grow it, professionalize it, or prepare it for a successful transition, give us a call. You don’t have to go it alone.