36. How Success is Achieved in NextGen Leaders with David Bentall

Systems for Success

How do you develop strong relationships that keep the family thriving for generations? David Bentall joins me today to bring some insight into just that with his years of multi-generational family business experience!

For more than two decades, David worked in his family’s real estate and construction business, and during his tenure as President and CEO of Dominion Construction, the family business doubled in size with almost $300,000 in sales! As the successor of such a thriving business, he’ll share with us his experience as the NextGen leader, the appointed president who guided his family, and the owner who sold his shares then worked for the next family.

So if you too want to build a business set to last for generations after you, this episode is perfect for you!

Listen as we draw out David's experience as a NextGen leader on:

• Choosing mentors and heroes that effectively inspire and guide family business leaders.
• Developing emotional intelligence in next-gen family leaders.
• Fostering the 9 family leadership traits that next-gen leaders need to create and sustain success.
• Implementing effective communication and decision-making processes in the family.
• Creating career, personal and professional development pathways.

Episode Highlights:

• David’s personal experience with next-generation succession.
• How David transitioned into helping other families with their business.
• The importance of emotional intelligence and how to develop that into the next generation.
• David’s life lessons for future successors of their family’s business.
• David's definition of governance and why it's so important for business families.
• What role faith played in building Davids company
• What David learned about managing expectations

Thank you!

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