It's None of Your Business - The Family Business Podcast

In this case, a book's title, "Trapped In the Family Business", says it all.

Michael Klein has spent more than 20 years working with, and advising, individual members of family businesses across the country. Plus, with a doctorate in psychology, he understands the "bottom line" isn't always the bottom line. Emotions, bruised feelings, and fragile egos can sometimes be just as important as profits.

This was a great Interview; so we ended up splitting the whole thing into two parts.

In part 1 (a few weeks back) Michael Told us about how being in a family business can paper over some major addiction problems; how family tensions can affect the day to day business, and how to assess the different members of a family.

This week, in part two we find out exactly who is the one "trapped", in the Family Business.

Mitchell Kaneff is the third generation chairman and CEO of his family's business, Arkay Packaging. For nearly 100 years, Arkay has created packaging for the beauty industry. In this podcast, Kaneff shares his experiences with us about working in his family business, including his bold decision to fire his father.

Sidenote: This interview was (The last one) we recorded before the COVID outbreak in New York City. It can take us a while to put these shows together. Yes, we recorded this interview in the same room and no social distancing, but this was all before we knew what was going to happen.

In this case, a book's title, "Trapped In the Family Business", says it all.

Michael Klein has spent more than 20 years working with, and advising, individual members of family businesses across the country. Plus, with a doctorate in psychology, he understands the "bottom line" isn't always the bottom line. Emotions, bruised feelings, and fragile egos can sometimes be just as important as profits.

This was a great Interview; so we ended up splitting the whole thing into two parts.

In part 1 (this week) Michael tells us about how being in a family business can paper over some major addiction problems; how family tensions can affect the day to day business, and how to assess the different members of a family.

In part two (in a few weeks) we find out exactly who is the one "trapped", in the Family Business.

Greenwich Letterpress on Christopher Street tucked away in Manhattan's West Village is owned by sisters Beth Salvini and Amy Swanson. The two are third-generation letterpress printers and, honestly, have one of the coolest stores downtown.

Greenwich Letterpress offers beautiful custom made stationery as well as some of the most fun, eclectic stationery and assorted items such a the perfect 90210 keychains.

Their store on Christopher Street is a "must" for every local and tourist.

Sidenote: This interview was recorded before the COVID outbreak in New York City. It can take us a while to put these shows together. Yes, we recorded this interview in the same room and no social distancing, but this was all before we knew what was going to happen.

Paul Sullivan writes "Wealth Matters" for the New York Times. We loved speaking with Paul about the challenges of running a family business, family relationships and thinking long-term about succession. We learned what Paul thinks is often the key ingredient to a successful family business successful.

Andy Unanue is the Managing Partner of AUA Private Equity Partners which focuses on lower to middle-market Hispanic and Family Business food-based companies. Andy grew up as part of the Goya Foods company and understands family business - particularly large and wildly successful family business - in a way that most people can only imagine. We really enjoyed our conversation with Andy and hearing about his tremendous business experience and acumen.

Take a listen.

Andy Unanue is the Managing Partner of AUA Private Equity Partners which focuses on lower to middle market Hispanic and Family Business food-based company. Andy grew up as part of the Goya Foods company and understands family business - particularly large and wildly successful family business - in a way that most people can only imagine. We really enjoyed our conversation with Andy and hearing about his tremendous business experience and acumen. Take a listen.

We loved interviewing Mark Sirkin, a psychologist who specializes in family businesses. Maybe it's because we know how much family business can benefit from having an outsider help family members focus on what is important - and not distract from the chaos that often comes from family. There was a lot here, so we ended up splitting into two parts (with a third web extra).

Father and Son combo, Neil and Hugh Schwartzberg, represent the third and fourth generations of their family company "D2 Office Furniture & Design." We really enjoyed learning their family history and the real challenges of running a family business, trusting family members and remaining a strong company in today's changing economy.

We loved interviewing Mark Sirkin, a psychologist who specializes in family businesses.

Maybe it's because we know how much family business can benefit from having an outsider help family members focus on what is important - and not to be distracted from the chaos that often comes from family. There was a lot here, so we ended up splitting into two parts (with a third web extra).

Here's part 1, It's about, "The Kids" and it's titled, "I Have had Blood all over my Clothes"