The Right Way To Scale Family Business With Stephen Shortt | S1 EP39

8 December 2022

Timestamps: 

 

00:00 – Introduction 

1:56 – Four things that happen with family business 

4:08 – 5 P’s of succession planning 

6:30 – Family business mindset 

10:38 – Inside hustle 

14:40 – Right way to scale a family business 

16:30 – Advice 

 

In this episode of The Maven Show, Rohit Arora, the founder and CEO of Mavenwit, hosts Stephen Shortt, keynote speaker and founder of Successful Succession. He discusses the four things that could happen with the family business if the founder passes away or retires. He goes into detail of the family business mindset and how that can affect your business whether for good or for bad. Stephen also mentions how everyone in the business needs to adapt and take on things in an ever changing world but how to pass on the business to the next generation. 

 

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Additional Resources:

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Mavenwit Blog ► https://mavenwit.com/blog/

The Maven Show ► https://mavenwit.com/the-maven-show/

Stephen’s Website ► https://stephenshortt.com/ 

Successful Succession ► https://successfulsuccession.com/ 

 

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#familybusiness #successionplanning #scaling 

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