November 04, 2024

Joshua Gentine: Growing up with a Multi-Generational Family Business & Advising Family Businesses

1 hour 7 minutes

My guest today is a family business advisor helping enterprising families navigate the intricacies of being family in a family organization. His experience in supporting families comes from both his own experience as the 3rd generation owner and board member of a global family business as well as his experience as an entrepreneur, coach, management consultant, and seminarian.

https://family.inc/

Takeways:

Growing up in a family business shapes one's identity.

Community perceptions can impact family dynamics.

Family businesses often have a longer investment horizon.

Professionalizing operations is crucial for sustainability.

High-performing families can pivot in challenging industries.

Employee relationships are prioritized in family businesses.

Navigating wealth requires understanding and communication.

Family first: prioritize relationships over business.

Liquidity options can help family members exit gracefully.

Understanding past challenges informs future decisions.

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

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