Family Business Soul – Make Working with Family Members Work

Interview with Tom Hubler Author of The Soul of Family Business

Running a home business should be like baseball. Before each game the managers and umpires get together at home plate to review ground rules. They do this to prevent a dispute in the frenzy of the game on what is fair and what is foul. It is not unusual for people in a home business to start playing their game of business without setting ground rules or neglecting them. This can get tricky, as a higher proportion of home businesses employ family members. Boundaries between family and business get blurred. And when someone feels boundaries have been crossed, family relationships suffer. A balance between business and family activities is required.

To help us “play ball,” Richard “Capt’n” Henderson and Sherilyn Colleen interview Tom Hubler, author of The Soul of Family Business: A Practical Guide to Family Business Success and a Loving Family. Sponsor:

Subjects discussed in podcast include:

• The most important aspect of running a family-owned business
• Implementing best practices for family business operations
• Keeping business effective when working with family members
• Applying forgiveness as intervention
• How family-run businesses can best prepare for succession planning
• Tom Hubler’s "last challenge of entrepreneurship"

Episode Sponsor: The Magic Wand Co. * www.MagicWandCompany.com

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