Brad Herda discusses the challenges and dynamics of family businesses. He shares his background and how he got into working with family businesses. The conversation covers topics such as transitioning from corporate to family business, the importance of language and communication, separating business and family, challenges in multi-generational family businesses, dealing with conflict and firing family members, enabling and accountability, dealing with addictions and mental health, and the statistics and importance of family businesses. Brad emphasizes the need for open-mindedness, embracing change, and seeking outside support to thrive in a family business.

Connect with Brad:

Facebook: https://www.facebook.com/FocalPointCoachBrad

Connect with Kevin & Jaime:

www.believecrew.com

Karen Ramola, VP of Retail at New Market Bank, shares her family's journey in running a small family-owned bank. The bank has been in operation since 1905 and is currently in its fourth generation. Karen's sister is the president and CEO, while their father is the credit analyst and chairman of the board. Karen discusses the importance of family business and the role of the family council in decision-making. She also talks about the transition of ownership from her grandfather to her father and the future plans for ownership transfer. The conversation explores the experiences of Karen Ramola and Kevin in their family businesses and the challenges they face. They discuss the dynamics of gender in their respective families and how it influences their roles in the business. They also touch on the importance of support from spouses and the need for men to have their own leadership conferences. The conversation concludes with a discussion on the future of family businesses and the importance of giving back to the community.

Watch on YouTube: https://youtu.be/rVUf0WJ6Aqc

Find Karen:

Instagram: https://www.instagram.com/karenramola/

Facebook: https://www.facebook.com/karen.ramola

LinkedIn: https://www.linkedin.com/in/karen-ramola-77250821/

Connect with Kevin & Jaime:

www.believecrew.com

Join Jaime White as she welcomes Erin Ogden, an attorney renowned for her unconventional approach to law. Together, they delve into the intricacies of family businesses, discussing challenges, strategies, and insights that stand apart from traditional legal perspectives. Don't miss this thought-provoking conversation on navigating the unique landscape of family-operated enterprises.

Connect with Erin:

https://www.linkedin.com/in/erinrogden/

https://www.facebook.com/ogslawyers

Connect with Kevin & Jaime:

www.believecrew.com