Growing up in a family business with roots stretching back a century, Adam Hill never imagined the weight of legacy would be so entwined with personal struggle. His battle with alcoholism and an anxiety disorder not only shaped him but also transformed his approach to leadership. Discover how Adam harnessed his recovery journey to rejuvenate his family business during a challenging era marked by declining profitability and the impact of the COVID-19 pandemic. Through embracing community support and implementing the Entrepreneurial Operating System (EOS), Adam not only revitalized his company but has now dedicated himself to guiding other family businesses towards similar success.

Family businesses come with their own unique set of challenges, especially when addiction and mental health issues lurk beneath the surface. Adam candidly shares the dangers of nepotism and enabling behaviors, emphasizing the necessity of courageous conflict and accountability to dismantle artificial harmony. The conversation also navigates the intricate communication dynamics within multi-generational organizations and the risks of treating core values as sacrosanct traditions that hinder progress. By rethinking legacy and focusing on forward-looking goals, family businesses can adapt and thrive in ever-changing environments.

Implementing the Entrepreneurial Operating System was a game-changer for Adam's family business, propelling its growth by 50%. Through his personal story, he illustrates the benefits of EOS, particularly in streamlining decision-making and fostering a unified vision among family members. The importance of separating family, ownership, and business components is emphasized, along with the power of collaboration in achieving healthier operations. In a lively exchange with Dr. Donna, the episode invites listeners to partake in this rich dialogue and encourages them to reach out with thoughts and questions, continuing the conversation beyond the episode.

Connect with Adam Hill:

Connect with Adam on LinkedIn

Learn more about EOS:

https://www.eosworldwide.com/adam-hill 

Learn more about Fearless Family Business:

https://podcasts.apple.com/us/podcast/fearless-family-business/id1654008950 

Adam’s  Bio: 

Adam Hill is a Professional EOS Implementer, family business visionary, international keynote and TEDx speaker, bestselling author, and host of the Fearless Family Business Podcast. As CEO of a century-old, fourth-generation family business, Adam has successfully guided his family’s company through generational transition and significant economic and cultural change, to become an aligned, sustainable, nine figure business. 

Managing generational transition can be one of the biggest challenges that a family business faces. It goes beyond the transfer of wealth. Families must also prepare the next generation, uphold evolving values, plan for sustainable growth, align stakeholders, and manage communication effectively. Not to mention the most critical element of all - preserving the family connectedness and love that transcends any business. It’s a process with a lot of moving parts, where systems, structure, and communication can be the difference between success and dissolution. 

Adam grew up in the family business and has spent more than two decades working in and leading the company providing a deep understanding and expertise in managing complex family business dynamics. He has a bachelor's degree in Psychology from the University of California, Santa Barbara, and an MBA from the University of Massachusetts. 

As a coach and advisor, Adam has a rich history of taking his own lessons and triumphs and applying them to coaching and mentorship. After transforming his life and becoming an elite world championship qualifying triathlete, he coached dozens of triathletes to cross their first Ironman triathlons. 

Today, as a Professional EOS implementer and family business visionary, he helps entrepreneurs and leadership teams get more of what they want from their business through the Entrepreneurial Operating System. 

Adam leverages his platform as an international keynote speaker to do more than just entertain audiences. He provides actionable strategies that address the pivotal challenges of leading a family business into the future. 

When he is not coaching, speaking, or hosting his podcast, chances are he’s “entertaining” people with dad jokes. Whether or not he's successful with that, you can be the judge.

Connect with Dr. Donna:

LinkedIn | https://www.drdonnamarino.com/

Learn more about Dr. Donna’s Executive Coaching:

• Get your copy of Dr. Donna’s book, Unleash the Wise Leader in You! on Amazon.
• Learn more about Leadership & Team Trainings for Family Businesses
• Find out if our Women’s Leadership Group is right for you.

Podcast Category:

Business: Management

Business: Careers

Podcast Artist Name: Dr. Donna Marino

Show Email: [email protected]

Show Website URL: https://www.drdonnamarino.com/