The hardest part of taking over a family business isn’t honoring what your parents built. It’s knowing when to change it. What got us here won’t always get us there. Protecting the legacy sometimes means changing direction, doing things differently, and having conversations nobody wants to have. That’s the job of the second generation.
@officialchadpetermanTranscript
Sometimes protecting a family business means changing the things that built it in the first place. Easy to say, sometimes not easy to hear. When I think about what we've had to change, what we've had to do, I think about a couple of things. One is building the credibility within these walls that was obviously already there from the first generation and carrying that over to the second. The second piece is difficult conversations. What got us here won't always get us there. And sometimes that requires difficult conversations in that we need to change direction. We have to do things differently. All of those things go into how do we protect the legacy that this business has built so that we can continue to carry it on for generations to come.
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