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#33 The Downsides and Benefits to working with Family & friends
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In this episode, Joshua and Jeremy are unpacking the secrets to running a smooth family business. They’ll share why it’s key to have clear rules and roles to keep work fair and avoid clashes when the workday ends.
Get ready for real talk on making sure the best ideas shine, celebrating wins together, and setting the right example for the team.
Tune in now.
Show Highlights:
- Discover the benefits of a family-run business. [00:04:29]
- Don’t overlook these downsides of working with family. [00:08:26]
- Save yourself verbal-agreement headaches with this tip. [00:12:00]
- Why you must consciously commit to over-communication. [00:13:02]
- Utilize this written agreement for role clarity. [00:16:52]
- How family biases hinder fairness and employee standards. [00:18:03]
- Have you been using metrics in your family firm? [00:20:19]
- Explore the importance of home–work separation and kindness. [00:24:23]
- Why a decision leader must be appointed in a family firm. [00:27:58]
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