Everyone says don’t go into business with family. Here’s what they miss: you’re not just building a company, you’re protecting a legacy. My dad started this 40 years ago. I show up every day trying to make him proud, build my own credibility, and move us from first-generation thinking to second without losing what made it work. It’s harder than a normal business. It’s also worth more.
@officialchadpetermanTranscript
People always say don't get in business with your friends or family. Here's what it's really like being in a family business. A family business is interesting because you're not just building a company. You're protecting relationships. You're protecting even more than relationships, a legacy. My dad started this business 40 years ago and I show up every day attempting to make him proud with what we do, how we grow the company, how we treat people, how we treat customers. We're always protecting that legacy. The other piece is building our own credibility. My dad built his credibility. Now it's my turn to continue to build mine with our people, with our customer base, in new initiatives that we bring. The other piece is change management. We've done things for a certain way for a long time. Now, in order to grow the business, we know that we have to change, but change is always hard. Change is difficult and we need to figure out a way that we can shift from first generation thinking to second generation thinking while getting everybody on the same page in order to produce the best product.
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