No Love is Greater Than That of a Father For His Son...

Catalytic Conversations

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5y ago 41:36

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You’ve been told to take the emotion out of your business decisions. It makes sense. If only it actually worked. We know that making a decision in the midst of extreme emotion is a really bad idea. But, what happens if the President of the family business feels really strongly about a person (his son, for ex.), or a plan, and can’t separate the emotion from reason?

My guest today is Jay Cowan, a “recovering insurance guy” (his words- not mine). Jay shares a family business story that is heartbreakingly tragic. This story is the WHY of Jay’s business, Business Owner Exit Strategies.

In this story, Jay’s stepfather, Glenn, chooses his successor based on his love for his son. It went terribly wrong. Glenn needed a coach. He needed someone to talk through his options, develop a plan to prepare his son for leadership and offer support as he navigated the relationship with his son.

The first time I heard this story, I couldn’t believe it. If you work in a family business, take the relationship aspect of the business seriously. It matters.

If you’d like to talk with Jay, call him at 804.726.6011 or check out his website at BOESVA.com. If you are in a family business and want a coach to support your efforts to succeed, call me at 804.372.7575 or email me at wendy@wendybdickinson.com.

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36 episodes

#Business #Wendy Dickinson Ascend To Sell