In this episode, Melinda Emerson is joined by Christine Noh to discuss the nuances of managing a family business. They delve into the opportunities, challenges, and the transition from investment banking to a family-run venture. Christine shares insights into her retail business, the impact of Amazon and COVID-19, the shift to e-commerce, and the value of industry experts. The episode concludes with business advice and an introduction to Noble.com.
(0:00) Introduction and insights on family business by Christine Noh
(1:07) Opportunities and challenges for small businesses in 2023
(2:09) Christine Noh's transition from investment banking to family business
(5:22) Pros, cons, and conflict resolution in family businesses
(6:22) Details about Christine's family business and roles of family members
(10:08) Challenges and expansion of retail business in the era of Amazon and COVID-19
(12:34) Transition to e-commerce and the importance of industry experts
(14:09) Best business advice and the importance of information seeking
(14:36) Introduction to Christine Noh's business, Noble.com
(15:08) Encouragement for viewer engagement and Melinda Emerson's closing thoughts
(15:41) Podcast outro and call to subscribe