Explorez tous les épisodes du podcast Safe Space with Francesco Lombardo
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| The Role of the Next Generation in Driving Change | 08 Oct 2024 | 00:31:52 | |
In this episode, Claudia Gomez of Trusted Family joins Francesco to discuss the challenges faced by family businesses and the importance of having difficult conversations. She highlights the tendency of families to avoid conflict and the consequences of not addressing hard topics and suggests greater vulnerability and self-awareness is needed in order to initiate these conversations and build trust within the family. She also explores the role of the next generation in driving change and finding their own path within the family business. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca
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| Challenges in Family Communication with BJ Radomski | 24 Sep 2024 | 00:33:11 | |
What you say to yourself is as important as what you say to others, because communication begins with ourselves. The way we communicate with others is often based on our own thoughts, and is why this episode of Safe Space highlights the importance of questioning and challenging our thinking. Francesco Lombardo and BJ Radomski also discuss the challenges that arise when there is a lack of clear communication within families and offer some practical advice to overcome them. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ | |||
| Purpose, Play, and the Legacy of 'Highlights': Building a Business That Nurtures the Next Generation with Kent Johnson | 25 Jun 2024 | 00:31:25 | |
Kent Johnson, is the CEO of the company that his great-grandparents founded in 1946. In a little two-room office above a car dealership, Highlights magazine was born and today it remains as true to its core as ever. A magazine encouraging children to discover their creativity and imagination, Kent explains why he believes that childhood is the critical foundation for developing happy and healthy children. A company that has embraced the concept of a Chief Purpose Officer, Kent shares why and how inclusion helps to connect everyone in the company to the mission and purpose. This episode is for anyone looking for the tools and techniques to unlock the power of curiosity and humor, so that their business can continue for generations to come. Connect with me here:
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| Tradition, Passion and Evolution - Sarah Raffetto on Her Family’s Century-Old Pasta Shop | 11 Jun 2024 | 00:21:28 | |
There’s a place in New York that has been serving up some of the city’s best pasta for the past 117 years. Raffetto’s has been supplying New York’s restaurants and home cooks with freshly spun pasta since 1906, and remains a solely family owned business. I spoke with Sarah Raffetto, part of the 4th generation of Raffettos, who as the company’s Chief Operating Officer is responsible for ensuring the restaurant continues for the next 100 years. Sarah believes that the business’s success is largely due to each generation’s commitment to maintain their family traditions whilst being willing to expand and evolve. Connect with me here: | |||
| Vision Precedes Victory - How to Discover Your Purpose with James Laughlin | 28 May 2024 | 00:32:28 | |
“How do I find my purpose?” This is one of the questions I am most often asked by those I work with, and is why my conversation with Leadership Expert and Executive Coach James Laughlin is so insightful. James’ extensive experience spans working with elite performers and leading organizations, including professional athletes, influential CEOs, and multinational corporations. But James is also a musician, marked by seven world championship titles, showcasing his exceptional ability to foster talent and cultivate winning mindsets. According to James, purpose is not about self, but about others. Purpose is something that inspires those around you to want to join and work with you to build your vision. The clearer the vision, the easier it is to achieve it and to inspire others. James says that when we heighten our awareness and focus our attention to where we want to go in life, then our purpose is revealed. This episode is for anyone struggling to find their place in the world and will help you to look beyond yourself in order to find your true meaning. Connect with me here: | |||
| Level Up Your Leadership Skills With James Laughlin | 14 May 2024 | 00:28:09 | |
James Laughlin is a 7x World Champion and leadership expert, whose incredible journey has taken him from a small town in Northern Ireland to becoming a world solo drumming champion by the age of fourteen. Spending much of his twenties feeling lost, James eventually landed in New Zealand, and although he set up a successful education and retail company, he became frustrated with the 9-5 and instead decided to transform his skills into his purpose, to become a much sought-after leadership coach. In this conversation James highlights the importance of both self-evaluation and self-reflection in leadership and why creating space for thinking and reconnecting with feelings and emotions is a critical component. James also gives us an insight into the unique framework he uses with CEOs, Professional Sports Teams and leaders to create high-performing teams.
Connect with me here: https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ | |||
| Communicate, Communicate, Communicate - Nancy Bruns on the Importance of Clear and Consistent Communication in Family Businesses | 30 Apr 2024 | 00:28:24 | |
Nancy Bruns is a seventh-generation member and current Chairman of the Board for a 210-year-old family business in West Virginia. In today’s episode of Safe Space, Nancy explains how she learned to cope with her unexpected inheritance following the death of her father, and how she became an advocate for transparency, open dialogue. Nancy’s passion for change and her belief in the importance of fostering a deep sense of connection and shared purpose, is testament to the longevity and continued success of her family business. Nancy provides valuable insights and strategies for family business owners on how and why strengthening family relationships is critical to the health and wealth of the family business. You can learn more about Nancy and J.Q. Dickinson Salt-Works by visiting: https://www.jqdsalt.com/
Connect with me here: https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ https://www.facebook.com/VeritageFamilyOffice https://www.youtube.com/@VeritageInternational
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| Breaking Generational Patterns: The Power of Emotional Safety in Family Businesses with Paul Hutchinson | 16 Apr 2024 | 00:32:17 | |
Paul Hutchinson has dedicated his entire life to creating a world where every child can experience safety, freedom and hope. As an entrepreneur, philanthropist and anti-child trafficking advocate, Paul’s work is underpinned by helping victims to heal from their trauma so that they can go on and live as healthy, functional and emotionally rich adults. Paul's work extends beyond rescuing trafficked children to helping adults heal their inner child, ultimately liberating humanity from the cycle of abuse and trauma. He believes in the promotion of emotional healing and connection to foster a harmonious and emotionally safe environment for themselves and their families. In this episode, Paul discusses the importance of understanding the impact of generational patterns and emotional wounds on family businesses, and provides practical techniques to help you break free. Find more information about Paul and his work at liberating-humanity.com and liberatechildren.org. CONTENT WARNING: This episode contains descriptions of violence, including child abuse and child trafficking. Please listen with care.
Connect with me here: https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ https://www.facebook.com/VeritageFamilyOffice https://www.youtube.com/@VeritageInternational
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| Navigating the Emotional Terrain of Family Wealth with Felicia Heng | 08 Aug 2023 | 00:26:19 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Felicia Heng, founder and managing director of Wise Purpose, a boutique consulting firm specializing in family wealth advisory, leadership coaching, and next-generation succession. Felicia shares her diverse expertise in psychology, investments, and family governance, and sheds light on her work with families and the next generation, specifically focusing on the emotional aspects of inheritance and succession. The conversation delves into the profound impact of sudden deaths and accidents on succession planning, and addresses how narratives related to money and wealth play a crucial role in shaping the emotional journey of individuals involved in the succession process. Felicia’s advice to the Senior and NxtGen…unpack the emotional journey from practical aspects of succession, inheritance, and family business transitions, as clarity in separate narratives allows for better alignment; recognize that this is both an art and a science, seeking support from independent professionals or networks with codified knowledge; and start discussions earlier when everyone is healthier and less stressed, recognizing the importance of time in addressing complex matters, and embracing the proverb that the best time to act was 20 years ago, and the next best time is now. To contact Felicia Heng, reach out to her at felicia.wisepurpose@gmail.com If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Leading with Legacy: Family Business Success and Evolution with Julie Charlestein | 01 Aug 2023 | 00:13:32 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Julie Charlestein, a fourth-generation President and CEO with Premier Dental. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Preparing the Next Generation for Family Business Success: Dealing with the Emotional Stuff with Chris Larson | 09 May 2023 | 00:25:25 | |
On this week's episode of Safe Space, Francesco Lombardo is joined by Chris Larson, a fourth-generation shareholder of a 107-year-old family-owned and operated business, IDEAL INDUSTRIES. In this episode, Franco and Chris discuss the emotional side of transitioning family businesses. Chris emphasizes the importance of addressing the emotional aspects of letting go of control and passing it on to the next generation, not just the intellectual aspects. Highlighting how emotional preparation is crucial for family business success and how coaching family members on an individual basis can help them become content and happy with their roles in the family business. The episode sheds light on the emotional aspects of transitioning family businesses and the importance of addressing them. It's a must-listen for anyone looking to prepare their family business for the next generation. The one piece of advice Chris offers for both the senior and next generations is... it's worth it. It's hard to focus on the emotional stuff, but it's worth it. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Navigating Financial Insecurity and Unique Challenges in Family Businesses with Stefanie Kyles | 02 May 2023 | 00:25:39 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Stefanie Kyles, a fourth-generation family business member, and former CEO.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Family Health - Protecting Family Legacy From The Inside Out with Andrew Keyt | 10 Sep 2024 | 00:31:15 | |
With almost 20 years of working with families as the executive director of the Loyola University Chicago Family Business Center and in his private consulting practice, there’s not much that Andrew Keyt hasn’t come across. But it is his personal journey of overcoming challenges as a next-generation business leader that makes his perspective so unique. In this episode Francesco and Andrew discuss many of the unspoken issues that exist within family business relationships, such as the importance of vulnerability, the need to address mental health issues and how generations can learn valuable lessons from one another. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ REMEMBER TO SUBSCRIBE ON YOUR FAVOURITE PODCAST PLATFORM TO NOT MISS ANY FUTURE EPISODES!
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| Equipping Successors: Insights from a Fifth-Generation Family Business Owner with Philip McKeown | 04 Apr 2023 | 00:32:00 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Philip McKeown, a fifth-generation family business owner from Ireland.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Preparing for the Future: Insights on Succession Planning and Self-Belief in a Family Business with Cecily McGuckin | 28 Mar 2023 | 00:27:59 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Cecily McGuckin the CEO and managing director of Queensland Steel and Sheet, in Brisbane, Australia.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| The Importance of Purpose in Business and Personal Life with NK Chaudhary | 21 Mar 2023 | 00:17:28 | |
Join Francesco Lombardo for this week's Safe Space episode where he interviews NK Chaudhary, the founder of Jaipur Rugs, who established the company 44 years ago with a vision of uplifting society by enabling everyone to reach their full potential.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Navigating Internal and External Credibility in Family Enterprises with Torri Hawley | 07 Mar 2023 | 00:29:07 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Torri Hawley, one of five next generation members in a successful 7th generation family enterprise.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Creating A 27 Generation Family Business with Passion & Love with Pasquale Marinelli | 28 Feb 2023 | 00:42:04 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Pasquale Marinelli, a 27th generation owner with Pontificia Fonderia e Museo di Campane, the second oldest family business in the world. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| How “Outsiders” & Being Human Play A Role in Successful Family Business with Christine Blondel | 21 Feb 2023 | 00:28:08 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Christine Blondel, expert Family Business Advisor and Adjunct Professor of Family Business at INSEAD.
Creating a successful family business is more than just being good at operating the business. Where in the scope of family governance do outsiders come in? Why is it important for family members to become independent for responsible ownership? How is experiencing ordeals going to help both generations grow? Each of these important pieces contribute to a more successful family business. But how? Take a listen!
Christine’s one piece of advice to the Senior and NxtGen is simple, listen to each other.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Stop Keeping Up Appearances with Wendy Craft | 31 Jan 2023 | 00:27:25 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Wendy Craft, a lawyer by trade, who “fell” into Family Office about 20 years ago. She is currently Chief Of Staff at Fulcrum Equities, LLC in New York City. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Evolving Family Business for Continued Success with Ramia El Agamy | 29 Nov 2022 | 00:37:35 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Ramia El Agamy, second generation CEO at Orbis Terra Media, editor-in-chief of Tharawat Magazine, and host of The Family Business Voice and Women in Family Business podcasts.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| The Continuing Success of Family Business Involves Creating Structure Within and Building Connections from the Youngest Generation with Charlie Rhomberg | 18 Oct 2022 | 00:24:34 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Charlie Rhomberg, 4th generation member of the Schmid family, Crescent Electric Supply Company.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Define Responsible Ownership & Business Succession With the NxtGen Before It’s Necessary with Aubrey Shapiro Ginn | 04 Oct 2022 | 00:17:02 | |
On this week’s Safe Space, Francesco Lombardo is joined by Aubrey Shapiro Ginn, third-generation family business member with Shapiro & Duncan, Inc. where they discuss business succession planning, and how to set up the NxtGen to be successful business owners.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Which Version of the Truth with Don Phin | 27 Aug 2024 | 00:23:47 | |
Like so many of my guests, Don Phin has led an extraordinary life. Growing up in the Bronx, his journey has taken him from being a former trial lawyer to starting a HR company to now coaching CEOs. Don has gone on to use the lessons he learnt in the courtroom and specifically draws on his experience of how different versions of the ‘truth’ can cause a breakdown in communication. As a recently trained Veritage coach, Don works with a preventative approach and believes that listening and encouragement are critical to engaging the next generation and to building healthy lasting relationships. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca
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| Creating and Growing a Successful Business with Respect and Boundaries with Zale & Tzvi Tabakman | 27 Sep 2022 | 00:32:01 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Zale Tabakman, first generation owner of Local Grown Salad and his son, Tzvi. Get more information about their products at www.localgrownsalads.com
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Changing Conflict Into Constructive Growth In Family Business with Marisa Zabalek | 20 Sep 2022 | 00:25:14 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Marisa Zabalak, Educational Psychologist, TEDx & Keynote Speaker and Author. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Keeping Family Business Alive - How Legacy is Connected to Authenticity and the Power of Identity with Moe Vela | 13 Sep 2022 | 00:25:17 | |
Moe Vela joins this week's episode with Francesco Lombardo to discuss the power of identity, and how self-expression leads to purpose in family business. Coming from a family of legacy, a family of pioneers, and growing up in the midst of expectation and responsibility, Moe shares with us his journey as a NxtGen living through trauma and moving towards a journey of healing. Moe's advice to all NxtGen listeners is, "you can either live your life based on what others want you to do, or you can march to the beat of your own drum, thereby enhancing and expanding your family legacy." Moe has now made American History as the first Hispanic LGBT American to serve twice in the White House in a Senior Executive role. Most recently as the Director of Management and Deputy Chief of Staff to Joe Biden. Now working as an attorney, entrepreneur, and now co-executive producing and co-starring in a new business reality show called Unicorn Hunters. In this soulful dialogue, Francesco and Moe break down the devastating side-effects of living an authentic life and the struggle to embrace oneself wholly. Moe shares his vulnerable story of survival and success, "knowing that by making myself vulnerable through authenticity, that is the only way I will have meaningful connections with other human beings, in business, and in my personal life". Moe's one piece of advice to the Senior and NxtGen…authentically be vulnerable, authentically be you, authentically love. | |||
| Part 3: You Can’t Put Serendipity Into A Business Plan - Why Conflict Resolution In Family Business Is So Important with Stephen Hecht | 06 Sep 2022 | 00:26:30 | |
Stephen Hecht returns to the Safe Space podcast to speak with Francesco Lombardo about Nonflict Resolution within the family business. How can families find the tools to resolve conflicts in relationships and within the family business? How does focusing on the NxtGen of the family help us learn and grow? How can families stop the disrespect between generations in the family business? Stephen’s one piece of advice to the Senior and NxtGen…conflict can be positive. We need conflict. We need constructive conflict for innovation and growth. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Part 1: Why Vulnerability Is Key To The Success Of Family Businesses with Jenny Dinnen & Katie Rucker | 30 Aug 2022 | 00:38:56 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Jenny Dinnen and Katie Rucker, second-generation co-owners and co-presidents of Mackenzie Corp. How is being vulnerable an important piece of making a family business successful? Katie & Jenny’s one piece of advice to the Senior and NxtGen…be vulnerable and open, but get to know yourself first. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Recognizing Differences Are Good When It Comes To Successful Family Business with Sunil Soni | 23 Aug 2022 | 00:24:52 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Sunil Soni, Family Business Advisor with Indian Family Business Network. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Creating A Sense of Belonging By Reconnecting With Yourself with Unni Turrettini | 16 Aug 2022 | 00:28:38 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Author, Speaker and Facilitator, Unni Turrettini from Oslo, Norway. If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Part 2: Emotional Safety Starts With Individual Safety with Dr. Paul Jenkins | 09 Aug 2022 | 00:22:44 | |
In Part 2 of Francesco’s conversation with Dr. Paul Jenkins, the discussion revolves around values before valuables, people before problems and relationships before rules.
If you would like to keep up to date with all our insights, latest research and stories, click to subscribe to our "Veritage Insights Newsletter." (https://bit.ly/3JOd7Qq) | |||
| Part 1: Changing The Way We Think About Mental Health In Family Business with Dr. Paul Jenkins | 02 Aug 2022 | 00:22:27 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Dr. Paul Jenkins, professional Psychologist. | |||
| When The Only Advice To The NxtGen Is - Go And Grow The Business with Bruce Tyrrell | 26 Jul 2022 | 00:27:58 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Bruce Tyrrell and 4th generation family business owner from the Hunter Valley wine region of Australia. | |||
| Why Effective Communication is an Internal Job with BJ Radomski | 13 Aug 2024 | 00:34:24 | |
BJ (Brian) Radomski, is executive coach and facilitator, who takes a holistic approach to coaching, by combining science and psychology with personal experience and real-life scenarios. In this episode of Safe Space, BJ shares insights he gained from his extensive career and experience in a multitude of organizations, and explains why the key to successful leadership is grounded in open and transparent communication. Connect with me here:
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| Family Business Success Is About Making Time For Conversations with Nike Anani | 19 Jul 2022 | 00:20:16 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Nike Anani, a second generation business owner. | |||
| How ‘Catching Lightning In A Bottle’ Built a Successful 35 Year Family Business with Jenny Dinnen | 12 Jul 2022 | 00:31:15 | |
This week on the Safe Space Podcast, Francesco Lombardo speaks with Jenny Dinnen, a Mackenzie Corp. second generation family business owner. | |||
| Continuing the Success of the Family Business Means More Than Just Developing the NxtGen with Ken McCracken | 05 Jul 2022 | 00:34:21 | |
Join Francesco Lombardo for this week's Safe Space as he speaks with Ken McCracken, family business consultant and teacher. Why is development of BOTH the senior and next generation so important to the success of the family business? When family business members are resistant to change, finding ways to help them be open to receive knowledge and help, and not feel threatened is key. Ken's one piece of advice to the Senior and NxtGen...please go and get information that is out there because it will help you better understand the challenges that you are facing. | |||
| Part 2: Giving Others a Voice Increased My Voice and Revenue with Kevin Hancock | 28 Jun 2022 | 00:33:40 | |
Kevin Hancock returns to the Safe Space podcast to discuss how losing his voice made the family business stronger and more profitable. By understanding for the first time what it was like not to be heard, Kevin changed his vision on running the company, which led to more profit in the last 10 years than the previous 164 years combined. How did his vision change? What happened in the company that improved profits so significantly? Learn more by listening to this week's podcast. | |||
| Part 1: Your Role in the Business Does Not Define Your Worth in the Family with Kevin Hancock | 21 Jun 2022 | 00:33:25 | |
In this episode of Safe Space, Francesco is joined by Kevin Hancock, who talks about successfully running Hancock Lumber in its 6th generation WITHOUT speaking. Founders and NxtGen, you are not the identity of the performers of the company Kevin shares. Give your performers a voice, because when people feel authentically heard they are much more committed to supporting the company. Kevin offers a quote from Gandhi as his advice - "Become the change you wish to see in the world"... or your family business.
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| Preparing Family Business for the NxtGen is Key to Future Success with Mitchell Taylor | 14 Jun 2022 | 00:33:40 | |
On this week's episode of Safe Space, Francesco speaks to 3rd generation family business winemaker Mitchell Taylor. Senior generations create a business but it's the NxtGen who continue them. It's up to the current generation to keep the business healthy, sustainable and evolving, in order to market to the NxtGen. For the NxtGen, Family business isn't a part time thing. And just because you were born into the family doesn't mean you are automatically part of the family business. You have to earn your place. Advice for the NxtGen: "Keep the communication coming. Keep asking the questions. Keep talking. Keep learning." | |||
| What is Integrity and Why it Matters in Family Business Succession with John Gibbons | 31 May 2022 | 00:33:04 | |
John Gibbons returns to the podcast for a continued discussion with Francesco on integrity in family business. Keep your word, avoid empty promises, follow through and be honest to yourself and those who are part of the family business. You can't control the integrity of others, but you can control yourself. John's advice, don't lie in business or in life because eventually you'll forget your story and you'll be caught out. Just be honest from the get-go. | |||
| Why Two sets of Governance are Important with Ben Persofsky | 24 May 2022 | 00:22:30 | |
In this episode Benjamin Persofsky and Francesco discuss the importance of having two sets of governance to manage a business owning family. Joining Brown Brothers Harriman in 2010, he is now the Executive Director of the BBH Center for Family Business, which counsels some of the largest business-owning families in the world on issues of strategy, governance, succession planning, transition and capital policies. Ben shares his experience in working at the intersection of business and family and WHY communication is so critical to the success and health of both. What Ben believes the future is for business owning families is the importance of multidisciplinary advising. His advice for the senior generation, never too early to start getting the nxtgen involved. And for the nxtgen, enjoy the process. For one day you will be the senior generation. | |||
| Spouses in Family Business with Lisa Daniel | 17 May 2022 | 00:25:03 | |
In this episode Francesco talks with Lisa Daniel about the importance of inclusion of spouses in a Family business. Lisa joined the Lodge family in 1994 when she married 5th generation family member Jay Daniel and is a very active volunteer with the Joseph Lodge Family Council. As Lisa shares, being a spouse who married into the family brings a fresh perspective without the influence of past emotional issues. We also discuss the importance of allowing the NxtGen to be themselves and not be clones of the current generation. Lisa talked about how their family council was developed and the role it plays within the family and business. Her advice for families, simple....be inclusive of all. | |||
| Passion Projects AND The Need For SELF RESPECT with John Gibbons | 22 Mar 2022 | 00:38:21 | |
In this episode, John Gibbons, a 4th generation family business member, talks about his passion project MARINAS GUARDIAN. John Gibbons is a professional fiduciary and environmentalist-in-training. He works at Harbour Fiduciary Services Limited, a part of the family-owned Edmund Gibbons group in Bermuda. He is currently studying for his Postgraduate Diploma in Law and is a part of Marinas Guardian, a conservation project to support Marine Protected Areas around the world using autonomous ships. | |||
| A Legacy of Survival with Armen Alajian | 30 Jul 2024 | 00:33:53 | |
In this conversation, I speak with Armen Alajian, the owner of ARTO, Southern California's artisanal brick and tile manufacturer. Armen and his brother Vod took over the business after their father Arto died in 2014, and in this moving conversation Armen shares how he navigated the emotional and practical difficulties he faced. If you are interested in learning more about how to create a healthy family culture and why investing in the people in the business is the key to success, then this episode is for you. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/
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| The Noise In Family Business...Perspectives with Richa Singh | 15 Mar 2022 | 00:21:36 | |
Richa and Francesco tackle the issues of perspectives in Family Business. As Richa shared here, the mentor used to say, "If there are two or more utensils in the kitchen, they will clang and make noise." The key to successful transition and succession is being able to understand and appreciate the perspectives of the other, all the while recognizing that both sides are truths. Francesco and Richa discuss the "cultural differences" that influence and impact successful transitions. One is not right and the other wrong. They are both true from the lens of whose perspective we are addressing. Richa's advice to both generations: "Listen to each other, be honest". | |||
| Part 2: Absence of Self-Expression is Costing Your Business and Your Legacy with Andre Brisson | 08 Mar 2022 | 00:25:03 | |
One of the biggest challenges facing succession and transition of a business from one generation to the next is the disinterest of the NxtGen in the business. Andre, host of the Impulsive Thinker podcast, and Francesco discuss what the absence of self-expression looks like, why it's suppressed, and the cost of not allowing others, #NxtGen or Senior generation, in #FamilyBusiness to express themselves. Do the #NxtGen want to express their creativity, and business acumen by starting up a new venture other than the current operating family business? There may be a way to save the family legacy by accepting and encouraging self-expression in the #NxtGen. | |||
| Part 1: Be a Champion Not a Babysitter - How ADHD is Transforming One Man and His World | 22 Feb 2022 | 00:34:04 | |
In this episode, Francesco interviews Andre Brisson, host of The Impulsive Thinker podcast. | |||
| Part 2: Advice For The 26 Year Old Who Blew Up The Family Business with Warwick Fairfax | 15 Feb 2022 | 00:30:30 | |
What would have prevented this collapse? | |||