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Deeply Rooted

Published July 21, 2021 Matt Villano | Feature Article

For the Trefethen family, life is good and the wine is great. But the road to success has has its share of challenges

 

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2021 NextGens to Watch: An Entrepreneurial Spark

Published July 7, 2021 Barbara Spector | Feature Article

If you aspire to pass your business down from generation to generation, you need a product or service in high demand, a strategic plan to achieve manageable growth, and effective sales and market...

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Ralph Brennan's core values

Published July 6, 2021 Jason Meyers |

Ralph Brennan’s 5 Core Values (in his own words)1. Personal & Professional Growth“I want our team to be better a year from now than they are today. As they grow individually, we grow as a comp...

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Focus on people first

Published July 6, 2021 As told to Patricia Olsen |

Leadership is more than a seat at the head of the table. It's about inspiring greatness, according to Heather Falcone, CEO, Thermal-Vac Technology in Orange, Calif.Generation of family ownership: Seco...

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The subtle art of the pivot

Published July 6, 2021 Jason Meyers |

Randall-Reilly is pivoting — again — by using data to weed out less desirable customers and focus its sales force on more profitable prospectsBack in 2014, Brent Reilly—the second-generation Rei...

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Brennan's: Old Is the New New

Published July 6, 2021 Jason Meyers |

Ralph Brennan focuses on preserving legacy, reinventing tradition and reminding his staff and customers that 75 years is nothing in the New Orleans restaurant business.

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Music to your eyes

Published July 6, 2021 Jason Meyers |

Moscot started sharing music with the neighborhood in 2004, when fourth-generation CEO Harvey Moscot started playing his guitar on a slow day at the family-owned eyewear maker’s flagship shop on New...

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Petal to the metal for this family business

Published July 6, 2021 Jason Meyers |

When S. Roy Sheffield started carting flowers around Chicago in 1932, local growers paid him in flowers instead of cash. So he bundled his bounty into bouquets and sold them on the corner of Ashland a...

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Leadership in 60 seconds

Published July 6, 2021 Transformational Women in Family Business participants |

These thoughts on leadership were contributed by participants, CEOs and board members during a networking event, called The Hub at the Transformational Women in Family Business conference.Know what yo...

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What does family business mean to you?

Published July 6, 2021 Matt Villano |

As part of our feature story on the Trefethen family winery, we wanted to know more about their family dynamics. Members of the Trefethen family say they are usually on the same page when it comes to ...

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Be intentional when it comes to gender parity

Published June 30, 2021 Caru U. Rock |

Recently, we hosted a new conference called “Transformational Women.” This event focused on women at all levels of family business. It attracted almost 200 women from around the country and showca...

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The family therapist is in: Building trust

Published June 15, 2021 Jeff Strese |

Building and sustaining relational trust can be complex and daunting. Trust-building is not just a novel team-building activity you do every couple of years. In this new era of post-pandemic recovery,...

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8 emotional lessons of succession

Published June 15, 2021 Mike Sipple, Jr |

In 2012, our family business began a healthy succession process – but do not mistake “healthy” for “painless.” We did all the right things — planned, brought in outside advisers. However, ...

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I made my kids wear Carhartts and I'm not sorry

Published June 14, 2021 Amy C. Cosper |

Carhartt is about as American as it gets. The iconic, fifth-generation family business employs more than 5,000 people worldwide. Its global footprint reaches into every corner of the world. It has man...

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Cannabis saves the Patton Family Farm

Published June 7, 2021 Amy C. Cosper |

The Patton family name has been synonymous with the military for generations. General George S. Patton is widely considered one of the most successful combat generals in U.S. history and his son, Geor...

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Know the Tension Points of Family Business Transition

Published May 26, 2021 Kathleen Hoye, CExP, ACFBA, CFWA |

As family businesses transition from one generation to the next, they experience common “tension points” that, unless proactively addressed, can impede long-term sustainability. These tension poin...

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Why some family constitutions fail

Published May 18, 2021 Vijay Sathe |

Family constitutions, sometimes called family charters, differ in details but generally specify the family’s values and vision, criteria for family member employment and ascent to leadership, and th...

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In a divorce, who gets what?

Published May 18, 2021 Jon Moore |

As demanding as the process of divorce can be, it becomes even more complex when a family business is involved.Few divorce settlements rival the 4% stake in Amazon, valued at $38 billion, that MacKenz...

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Priorities for family enterprises in a post-covid world

Published May 18, 2021 Bobby Stover |

The pandemic has created profound economic, cultural, financial and political dislocation. While many family enterprises are optimistic, they are also aware they must remain flexible in this dyna...

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Diversity in 60 seconds

Published May 18, 2021 |

Key points on diversity you probably need to know Why is diversity important to the Yoh family? Diversity is an essential element to our business. It’s a core value and a competitive advan...

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