E38: Make Your Family Business “Business First” with Rob Ferguson

How do family-owned enterprises overcome resistance to change and other dysfunctions, setting a course for success from generation to generation?   Join Adam Hill as he talks with seasoned CEO and family business advocate, Rob Ferguson, about the dynamics of family-controlled entities. They discuss the importance of leadership, implementing proper governance, facing change, and how to prioritize for success. They also cover building value, maintaining identity beyond the business, recognizing dysfunctions, and much more.   Discover how prioritizing business amidst the unique dynamics of family relations can lead to functional success. Tune in to gain insights that could transform your family business journey. 0:00 Intro  5:07 Tale Of Two Family Businesses: Functional vs. Dysfunctional   10:35 Addressing Family Business Governance Early   15:34 Balancing Growth, Control, And Liquidity   20:24 Importance Of Family Businesses To The Economy   24:38 Memorializing Priorities In Family Constitution   29:59 Leading Through Change In Family Businesses   33:44 Key Steps For Effective Succession Planning   38:50 Building Value Through Leadership Transition   41:20 Finding Purpose Beyond The Family Business   45:08 How To Contact Rob Ferguson For Advice  Resources Mentioned: 🌐 Ferguson Alliance: https://ferguson-alliance.com 📧 Contact Adam to request a free 90-minute EOS workshop: adam.hill@eosworldwide.com Follow Adam: IG: @theadamchill YouTube: @adamchill LinkedIn: https://www.linkedin.com/in/adamchill