21 Hats Podcast

Should I Buy the Family Business?


Listen Later

This week, in episode 214, we bring you another Entrepreneurial Fish Bowl with Chris Hutchinson of Trebuchet Group. As you may remember, this is a virtual exercise where we offer a business owner—or in this case a potential business owner—the opportunity to pose a challenge he or she is facing to a group of owners and entrepreneurs from the 21 Hats community as part of a brainstorming session. In this case, it was BaLeigh Waldrop who explained why she has mixed feelings about buying the Miller Waldrop furniture business that her parents own. As you’ll hear, BaLeigh has some real concerns: the business has been down of late, it’s predominantly brick-and-mortar, and she would have to work out an ownership structure with a younger brother. The 21 Hats brainstormers ask a lot of good questions, including whether the business is profitable, whether it’s been paying family members a market wage, and whether it owns the real estate. They also offer a lot of smart suggestions. Plus: it all ends with a very surprising offer from Jay Goltz.
...more
View all episodesView all episodes
Download on the App Store

21 Hats PodcastBy 21 Hats

  • 5
  • 5
  • 5
  • 5
  • 5

5

31 ratings


More shows like 21 Hats Podcast

View all
Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,823 Listeners

Organize 365 Podcast by Lisa Woodruff

Organize 365 Podcast

1,310 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

207 Listeners

HerMoney with Jean Chatzky by Jean Chatzky Her Money

HerMoney with Jean Chatzky

1,414 Listeners

The How of Business - How to start, run & grow a small business. by Henry Lopez

The How of Business - How to start, run & grow a small business.

506 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,226 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,963 Listeners

Suze Orman's Women & Money (And Everyone Smart Enough To Listen) by Suze Orman Media

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

4,491 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,944 Listeners

Barron's Streetwise by Barron's

Barron's Streetwise

1,528 Listeners

Best Laid Plans by Sarah Hart-Unger

Best Laid Plans

743 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

239 Listeners

Angry Mortgage by Ron Butler

Angry Mortgage

4 Listeners

What It's Like To Be... by Dan Heath

What It's Like To Be...

590 Listeners

BigDeal by Codie Sanchez

BigDeal

711 Listeners