Family Business Connection http://fambus.org en-us 7c9250a0-39ba-11f1-a903-bde05f983677 Family Business Connection is a Prairie Family Business Association podcast where we lift up the stories behind family businesses who thrive for generations. We explore the topics our family business members request most often: Communication, Culture, Innovation, Leadership, Strategy, and Succession by hearing from the family business leaders who are solving problems day-in and day-out while building a legacy for their businesses and their families. https://megaphone.imgix.net/podcasts/a15179aa-4935-11f0-a2ab-5bf7e30c5cdd/image/644c7ccca82ef0c06e681266ab13e425.jpeg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress Family Business Connection http://fambus.org no episodic Prairie Family Business Association Family Business Connection is a Prairie Family Business Association podcast where we lift up the stories behind family businesses who thrive for generations. We explore the topics our family business members request most often: Communication, Culture, Innovation, Leadership, Strategy, and Succession by hearing from the family business leaders who are solving problems day-in and day-out while building a legacy for their businesses and their families. Family Business Connection is a Prairie Family Business Association podcast where we lift up the stories behind family businesses who thrive for generations. We explore the topics our family business members request most often: Communication, Culture, Innovation, Leadership, Strategy, and Succession by hearing from the family business leaders who are solving problems day-in and day-out while building a legacy for their businesses and their families.

]]> Prairie Family Business Association pfbapodcast@gmail.com The Move That Doubled the Business | Adam & Brenda Weatherby of Weatherby, Inc. Adam and Brenda Weatherby of Weatherby Inc. share the risks of relocation, generational leadership lessons, and building a resilient culture. Third-generation leaders Adam and Brenda Weatherby share the remarkable 80-year story of Weatherby, Inc., America’s iconic firearms and ammunition brand. Founded in 1945 by Adam’s grandfather, the company began in a California garage before growing into a premium global brand. By 2016, California regulations forced a hard question: could Weatherby survive there long-term? The couple ultimately made the decision to relocate the entire company to Sheridan, Wyoming.  That transition brought what Adam describes as a “near-death” experience as a business:  [Adam 00:10:46] “It felt like a 75-year-old startup. The brand was there. The recognition was around the world. We had the products, but we literally had to start from scratch.” Yet the move sparked reinvention. Within three years, Weatherby doubled in size and rebuilt its culture from the ground up. Adam and Brenda reflect that authenticity and being intentional about which “hat” you’re wearing were key to solidifying a strong culture.  [Brenda 00:24:41] “I can act as owner, or I can act as manager of people and culture. . . .  Knowing when I'm acting as one or the other is really important.” Adam stresses that risk in leadership is an opportunity for courage: [00:28:28] “Where there’s an element of risk, then there’s an element of trust—both in each other and, as people of faith, in God. . . . We have to hold our family business with open hands, not clenched.” Listen in for candid insight into resilience, culture building, and leading a legacy business through transformative change. Links Weatherby, Inc.’s website Adam Weatherby’s LinkedIn Brenda Weatherby’s Linkedin Prairie Family Business Association’s website Wed, 03 Dec 2025 10:00:00 -0000 full Prairie Family Business Association Adam and Brenda Weatherby of Weatherby Inc. share the risks of relocation, generational leadership lessons, and building a resilient culture. Third-generation leaders Adam and Brenda Weatherby share the remarkable 80-year story of Weatherby, Inc., America’s iconic firearms and ammunition brand. Founded in 1945 by Adam’s grandfather, the company began in a California garage before growing into a premium global brand. By 2016, California regulations forced a hard question: could Weatherby survive there long-term? The couple ultimately made the decision to relocate the entire company to Sheridan, Wyoming.  That transition brought what Adam describes as a “near-death” experience as a business:  [Adam 00:10:46] “It felt like a 75-year-old startup. The brand was there. The recognition was around the world. We had the products, but we literally had to start from scratch.” Yet the move sparked reinvention. Within three years, Weatherby doubled in size and rebuilt its culture from the ground up. Adam and Brenda reflect that authenticity and being intentional about which “hat” you’re wearing were key to solidifying a strong culture.  [Brenda 00:24:41] “I can act as owner, or I can act as manager of people and culture. . . .  Knowing when I'm acting as one or the other is really important.” Adam stresses that risk in leadership is an opportunity for courage: [00:28:28] “Where there’s an element of risk, then there’s an element of trust—both in each other and, as people of faith, in God. . . . We have to hold our family business with open hands, not clenched.” Listen in for candid insight into resilience, culture building, and leading a legacy business through transformative change. Links Weatherby, Inc.’s website Adam Weatherby’s LinkedIn Brenda Weatherby’s Linkedin Prairie Family Business Association’s website Adam and Brenda Weatherby of Weatherby Inc. share the risks of relocation, generational leadership lessons, and building a resilient culture.

Third-generation leaders Adam and Brenda Weatherby share the remarkable 80-year story of Weatherby, Inc., America’s iconic firearms and ammunition brand. Founded in 1945 by Adam’s grandfather, the company began in a California garage before growing into a premium global brand.

By 2016, California regulations forced a hard question: could Weatherby survive there long-term? The couple ultimately made the decision to relocate the entire company to Sheridan, Wyoming. 

That transition brought what Adam describes as a “near-death” experience as a business: 

[Adam 00:10:46] “It felt like a 75-year-old startup. The brand was there. The recognition was around the world. We had the products, but we literally had to start from scratch.”

Yet the move sparked reinvention. Within three years, Weatherby doubled in size and rebuilt its culture from the ground up.

Adam and Brenda reflect that authenticity and being intentional about which “hat” you’re wearing were key to solidifying a strong culture. 

[Brenda 00:24:41] “I can act as owner, or I can act as manager of people and culture. . . .  Knowing when I'm acting as one or the other is really important.”

Adam stresses that risk in leadership is an opportunity for courage:

[00:28:28] “Where there’s an element of risk, then there’s an element of trust—both in each other and, as people of faith, in God. . . . We have to hold our family business with open hands, not clenched.”

Listen in for candid insight into resilience, culture building, and leading a legacy business through transformative change.

Links

]]> 2583 no First-Generation Farmers, Building from Scratch | Grant & Spencer Hilbert of Hilbert Farms Brothers Grant and Spencer Hilbert share how they built Hilbert Farms from scratch, combining grit, YouTube success, and first-generation determination. Grant and Spencer Hilbert are the founders of Hilbert Farms, a first-generation family farm in Central Iowa. But unlike most farming stories, theirs didn’t start on a tractor; it started in the suburbs. Growing up far from their grandparents’ farm, the brothers found their own way into agriculture, using digital tools, hard work, and a shared vision to build something from the ground up. Their entrepreneurial journey began young, mowing lawns and flipping products online before launching YouTube channels that captured their passion for farming. Grant’s early gaming content evolved into an audience of over a million subscribers, eventually funding real equipment, real land, and real crops. [00:15:00] “If there’s ever been a fight in the past 10 or 15 years, it hasn’t lasted more than an hour… that makes it easy when you’re in business together.” Today, the brothers split responsibilities—Grant leads R&D and the American Farming app, while Spencer manages content creation and the farm’s growing YouTube presence. Both credit their parents for instilling discipline, transparency, and financial responsibility from an early age. [00:27:00] “There would’ve been no way to start without outside income. We saved, invested, and built our way into farming.” From their first paycheck to their first harvest, Grant and Spencer prove that legacy isn’t something you inherit—it’s something you build. Their story shows what’s possible when family, innovation, and hard work come together, one field—and one idea—at a time. Links Grant Hilbert | YouTube Spencer Hilbert | YouTube Hilbert Farms’ Instagram American Farming Game Prairie Family Business Association’s (PFBA) Website PFBA’s Instagram Wed, 12 Nov 2025 10:00:00 -0000 full Prairie Family Business Association Brothers Grant and Spencer Hilbert share how they built Hilbert Farms from scratch, combining grit, YouTube success, and first-generation determination. Grant and Spencer Hilbert are the founders of Hilbert Farms, a first-generation family farm in Central Iowa. But unlike most farming stories, theirs didn’t start on a tractor; it started in the suburbs. Growing up far from their grandparents’ farm, the brothers found their own way into agriculture, using digital tools, hard work, and a shared vision to build something from the ground up. Their entrepreneurial journey began young, mowing lawns and flipping products online before launching YouTube channels that captured their passion for farming. Grant’s early gaming content evolved into an audience of over a million subscribers, eventually funding real equipment, real land, and real crops. [00:15:00] “If there’s ever been a fight in the past 10 or 15 years, it hasn’t lasted more than an hour… that makes it easy when you’re in business together.” Today, the brothers split responsibilities—Grant leads R&D and the American Farming app, while Spencer manages content creation and the farm’s growing YouTube presence. Both credit their parents for instilling discipline, transparency, and financial responsibility from an early age. [00:27:00] “There would’ve been no way to start without outside income. We saved, invested, and built our way into farming.” From their first paycheck to their first harvest, Grant and Spencer prove that legacy isn’t something you inherit—it’s something you build. Their story shows what’s possible when family, innovation, and hard work come together, one field—and one idea—at a time. Links Grant Hilbert | YouTube Spencer Hilbert | YouTube Hilbert Farms’ Instagram American Farming Game Prairie Family Business Association’s (PFBA) Website PFBA’s Instagram Brothers Grant and Spencer Hilbert share how they built Hilbert Farms from scratch, combining grit, YouTube success, and first-generation determination.

Grant and Spencer Hilbert are the founders of Hilbert Farms, a first-generation family farm in Central Iowa. But unlike most farming stories, theirs didn’t start on a tractor; it started in the suburbs. Growing up far from their grandparents’ farm, the brothers found their own way into agriculture, using digital tools, hard work, and a shared vision to build something from the ground up.

Their entrepreneurial journey began young, mowing lawns and flipping products online before launching YouTube channels that captured their passion for farming. Grant’s early gaming content evolved into an audience of over a million subscribers, eventually funding real equipment, real land, and real crops.

[00:15:00] “If there’s ever been a fight in the past 10 or 15 years, it hasn’t lasted more than an hour… that makes it easy when you’re in business together.”

Today, the brothers split responsibilities—Grant leads R&D and the American Farming app, while Spencer manages content creation and the farm’s growing YouTube presence. Both credit their parents for instilling discipline, transparency, and financial responsibility from an early age.

[00:27:00] “There would’ve been no way to start without outside income. We saved, invested, and built our way into farming.”

From their first paycheck to their first harvest, Grant and Spencer prove that legacy isn’t something you inherit—it’s something you build. Their story shows what’s possible when family, innovation, and hard work come together, one field—and one idea—at a time.

Links

Grant Hilbert | YouTube

Spencer Hilbert | YouTube

Hilbert Farms’ Instagram

American Farming Game

Prairie Family Business Association’s (PFBA) Website

PFBA’s Instagram

]]> 1939 no Sibling Strength & Second Generation Growth | Ben Soles & Brandee Poland of Soles Enterprises Ben Soles and Brandee Poland share lessons on leadership, family dynamics, and growing a next-gen business through honesty and shared purpose. Ben Soles and Brandee Poland, second-generation siblings of Soles Enterprises, share how their family business has grown through courage, communication, and collaboration. Founded in 2007 by their parents, the company manufactures tarps for grain elevators and agricultural storage facilities across the Midwest. What began as a father-and-son venture evolved into a multigenerational enterprise, but not without challenges. When differing visions created tension between Ben and his father, they sought outside facilitation through the Prairie Family Business Association, where open dialogue and counseling helped redefine goals and relationships. [00:18:52] “It’s not about you or your feelings—it’s about what’s best for the company.” Once we realized that we were after kind of different things… my dad had set up a really good company and realized that it met what he wanted to do. Today, Ben focuses on R&D and product innovation, while Brandee leads sales and marketing. Together, they’ve guided Soles Enterprises through leadership transition, added non-family management to strengthen operations, and clarified ownership and governance as their parents stepped back. [00:20:00] “To be open and willing to say somebody else may have better answers for us — that’s really been beneficial for our family.” Their story highlights how clarity of roles, willingness to seek help, and shared purpose can transform family tension into teamwork. As they look ahead to a third generation, Ben and Brandee remind listeners that family business is both a challenge and a blessing—one that’s worth the work. Links Ben Soles | LinkedIn Brandee Poland | LinkedIn Soles Enterprises Website Prairie Family Business Association’s (PFBA) Website PFBA’s Instagram Wed, 22 Oct 2025 09:00:00 -0000 full Prairie Family Business Association Ben Soles and Brandee Poland share lessons on leadership, family dynamics, and growing a next-gen business through honesty and shared purpose. Ben Soles and Brandee Poland, second-generation siblings of Soles Enterprises, share how their family business has grown through courage, communication, and collaboration. Founded in 2007 by their parents, the company manufactures tarps for grain elevators and agricultural storage facilities across the Midwest. What began as a father-and-son venture evolved into a multigenerational enterprise, but not without challenges. When differing visions created tension between Ben and his father, they sought outside facilitation through the Prairie Family Business Association, where open dialogue and counseling helped redefine goals and relationships. [00:18:52] “It’s not about you or your feelings—it’s about what’s best for the company.” Once we realized that we were after kind of different things… my dad had set up a really good company and realized that it met what he wanted to do. Today, Ben focuses on R&D and product innovation, while Brandee leads sales and marketing. Together, they’ve guided Soles Enterprises through leadership transition, added non-family management to strengthen operations, and clarified ownership and governance as their parents stepped back. [00:20:00] “To be open and willing to say somebody else may have better answers for us — that’s really been beneficial for our family.” Their story highlights how clarity of roles, willingness to seek help, and shared purpose can transform family tension into teamwork. As they look ahead to a third generation, Ben and Brandee remind listeners that family business is both a challenge and a blessing—one that’s worth the work. Links Ben Soles | LinkedIn Brandee Poland | LinkedIn Soles Enterprises Website Prairie Family Business Association’s (PFBA) Website PFBA’s Instagram Ben Soles and Brandee Poland share lessons on leadership, family dynamics, and growing a next-gen business through honesty and shared purpose.

Ben Soles and Brandee Poland, second-generation siblings of Soles Enterprises, share how their family business has grown through courage, communication, and collaboration. Founded in 2007 by their parents, the company manufactures tarps for grain elevators and agricultural storage facilities across the Midwest.

What began as a father-and-son venture evolved into a multigenerational enterprise, but not without challenges. When differing visions created tension between Ben and his father, they sought outside facilitation through the Prairie Family Business Association, where open dialogue and counseling helped redefine goals and relationships.

[00:18:52] “It’s not about you or your feelings—it’s about what’s best for the company.”

Once we realized that we were after kind of different things… my dad had set up a really good company and realized that it met what he wanted to do.

Today, Ben focuses on R&D and product innovation, while Brandee leads sales and marketing. Together, they’ve guided Soles Enterprises through leadership transition, added non-family management to strengthen operations, and clarified ownership and governance as their parents stepped back.

[00:20:00] “To be open and willing to say somebody else may have better answers for us — that’s really been beneficial for our family.”

Their story highlights how clarity of roles, willingness to seek help, and shared purpose can transform family tension into teamwork. As they look ahead to a third generation, Ben and Brandee remind listeners that family business is both a challenge and a blessing—one that’s worth the work.

Links

Ben Soles | LinkedIn

Brandee Poland | LinkedIn

Soles Enterprises Website

Prairie Family Business Association’s (PFBA) Website

PFBA’s Instagram

]]> 1422 no Nearly 150 Years Strong | Rob Everist of L. G. Everist, Inc. Rob Everist of L. G. Everist, Inc. shares lessons from 150 years of family business, dynasty trusts, governance, and preparing next-gen leaders.  Rob Everist, a fourth-generation leader at L. G. Everist, Inc., reflects on 150 years of family business resilience, growth, and adaptation. Founded in 1876 as a coal supplier, L. G. Everist has evolved into a diversified enterprise in aggregates, concrete, asphalt, rail, and land development. Rob shares his earliest memories working in the sand and gravel pits as a teenager and how those experiences shaped his view of family business responsibility. He explains the company’s approach to next-generation entry, which requires education, outside work experience, and earned credibility before joining.  [00:07:50] “Everybody’s gotta realize that you gotta bring something to the table. You just can’t show up with the right last name and think that’s gonna be enough.” A key part of LG Everist’s long-term stability has been its dynasty trust ownership structure, established decades ago to enable generational continuity while avoiding common transfer hurdles. Rob emphasizes how this structure, combined with strong governance through a board with non-family members, positions the company for long-term success.  Though certainly intertwined, Rob stresses that outside perspectives help both the family and business attain balance. [00:16:57] “Treat the business as a business and treat your family as a family.” Rob’s insightful reflections provide a roadmap for navigating the challenges and opportunities of sustaining a family enterprise into its next century and beyond. Links Rob Everist | LinkedIn L. G. Everist, Inc.’s Website Prairie Family Business Association’s Website Wed, 24 Sep 2025 09:00:00 -0000 full Prairie Family Business Association Rob Everist of L. G. Everist, Inc. shares lessons from 150 years of family business, dynasty trusts, governance, and preparing next-gen leaders.  Rob Everist, a fourth-generation leader at L. G. Everist, Inc., reflects on 150 years of family business resilience, growth, and adaptation. Founded in 1876 as a coal supplier, L. G. Everist has evolved into a diversified enterprise in aggregates, concrete, asphalt, rail, and land development. Rob shares his earliest memories working in the sand and gravel pits as a teenager and how those experiences shaped his view of family business responsibility. He explains the company’s approach to next-generation entry, which requires education, outside work experience, and earned credibility before joining.  [00:07:50] “Everybody’s gotta realize that you gotta bring something to the table. You just can’t show up with the right last name and think that’s gonna be enough.” A key part of LG Everist’s long-term stability has been its dynasty trust ownership structure, established decades ago to enable generational continuity while avoiding common transfer hurdles. Rob emphasizes how this structure, combined with strong governance through a board with non-family members, positions the company for long-term success.  Though certainly intertwined, Rob stresses that outside perspectives help both the family and business attain balance. [00:16:57] “Treat the business as a business and treat your family as a family.” Rob’s insightful reflections provide a roadmap for navigating the challenges and opportunities of sustaining a family enterprise into its next century and beyond. Links Rob Everist | LinkedIn L. G. Everist, Inc.’s Website Prairie Family Business Association’s Website Rob Everist of L. G. Everist, Inc. shares lessons from 150 years of family business, dynasty trusts, governance, and preparing next-gen leaders. 

Rob Everist, a fourth-generation leader at L. G. Everist, Inc., reflects on 150 years of family business resilience, growth, and adaptation. Founded in 1876 as a coal supplier, L. G. Everist has evolved into a diversified enterprise in aggregates, concrete, asphalt, rail, and land development.

Rob shares his earliest memories working in the sand and gravel pits as a teenager and how those experiences shaped his view of family business responsibility. He explains the company’s approach to next-generation entry, which requires education, outside work experience, and earned credibility before joining. 

[00:07:50] “Everybody’s gotta realize that you gotta bring something to the table. You just can’t show up with the right last name and think that’s gonna be enough.”

A key part of LG Everist’s long-term stability has been its dynasty trust ownership structure, established decades ago to enable generational continuity while avoiding common transfer hurdles. Rob emphasizes how this structure, combined with strong governance through a board with non-family members, positions the company for long-term success. 

Though certainly intertwined, Rob stresses that outside perspectives help both the family and business attain balance.

[00:16:57] “Treat the business as a business and treat your family as a family.”

Rob’s insightful reflections provide a roadmap for navigating the challenges and opportunities of sustaining a family enterprise into its next century and beyond.


Links

Rob Everist | LinkedIn

L. G. Everist, Inc.’s Website

Prairie Family Business Association’s Website

]]> 1354 no Pass the Torch with Purpose | Scott Stern of Stern Co. Scott Stern of Stern Co. shares how stepping back, empowering a non-family CEO, and mentoring his children fuel the company’s next generation. Scott Stern, second-generation leader of Co., reflects on nearly 50 years of family business history and the lessons that come with passing leadership to the next generation.  After decades in the business, Scott recognized the moment had come to step back — not because he didn’t care, but because the company and his family needed space to grow under new leadership. Scott shares what it feels like to let go of the day-to-day and how his family noticed his leadership fatigue before he did. [7:45] “Sometimes . . . historical solutions don’t solve current problems. That really raised a level of awareness with me that now is really my time to step back.” Scott describes what the transition to a trusted non-family CEO looked like, his daughters’ and son-in-law’s involvement, and how clear governance, outside perspectives and strong leadership have strengthened the company.  [20:39] “I think every day as a CEO or president if you walk into your company and say, ‘How can I make the people better in this organization today than they were yesterday?’ That’s a win. That’s exactly what we have to focus on.” Scott’s candid reflections on timing, patience, and why leaders should step back while they still have time to mentor and transfer knowledge are invaluable. His insights will resonate with any family business leader grappling with legacy, succession, and the desire to see their company and family thrive in the future. Links Scott Stern | LinkedIn Stern Co.’s Website Prairie Family Business Association’s Website Wed, 03 Sep 2025 09:00:00 -0000 full Prairie Family Business Association Scott Stern of Stern Co. shares how stepping back, empowering a non-family CEO, and mentoring his children fuel the company’s next generation. Scott Stern, second-generation leader of Co., reflects on nearly 50 years of family business history and the lessons that come with passing leadership to the next generation.  After decades in the business, Scott recognized the moment had come to step back — not because he didn’t care, but because the company and his family needed space to grow under new leadership. Scott shares what it feels like to let go of the day-to-day and how his family noticed his leadership fatigue before he did. [7:45] “Sometimes . . . historical solutions don’t solve current problems. That really raised a level of awareness with me that now is really my time to step back.” Scott describes what the transition to a trusted non-family CEO looked like, his daughters’ and son-in-law’s involvement, and how clear governance, outside perspectives and strong leadership have strengthened the company.  [20:39] “I think every day as a CEO or president if you walk into your company and say, ‘How can I make the people better in this organization today than they were yesterday?’ That’s a win. That’s exactly what we have to focus on.” Scott’s candid reflections on timing, patience, and why leaders should step back while they still have time to mentor and transfer knowledge are invaluable. His insights will resonate with any family business leader grappling with legacy, succession, and the desire to see their company and family thrive in the future. Links Scott Stern | LinkedIn Stern Co.’s Website Prairie Family Business Association’s Website Scott Stern of Stern Co. shares how stepping back, empowering a non-family CEO, and mentoring his children fuel the company’s next generation.

Scott Stern, second-generation leader of Co., reflects on nearly 50 years of family business history and the lessons that come with passing leadership to the next generation. 

After decades in the business, Scott recognized the moment had come to step back — not because he didn’t care, but because the company and his family needed space to grow under new leadership. Scott shares what it feels like to let go of the day-to-day and how his family noticed his leadership fatigue before he did.

[7:45] “Sometimes . . . historical solutions don’t solve current problems. That really raised a level of awareness with me that now is really my time to step back.”

Scott describes what the transition to a trusted non-family CEO looked like, his daughters’ and son-in-law’s involvement, and how clear governance, outside perspectives and strong leadership have strengthened the company. 

[20:39] “I think every day as a CEO or president if you walk into your company and say, ‘How can I make the people better in this organization today than they were yesterday?’ That’s a win. That’s exactly what we have to focus on.”

Scott’s candid reflections on timing, patience, and why leaders should step back while they still have time to mentor and transfer knowledge are invaluable. His insights will resonate with any family business leader grappling with legacy, succession, and the desire to see their company and family thrive in the future.

Links

Scott Stern | LinkedIn

Stern Co.’s Website

Prairie Family Business Association’s Website

]]> 1939 no Leaving a Legacy Through Employee Ownership | Scott Sletten of JDS Industries Scott Sletten of JDS Industries shares how employee ownership is shaping his company’s future and why legacy mattered most to his succession plan. Scott Sletten shares how JDS Industries, a thriving wholesale business, started as a local trophy shop, owned and run by his father. In the 1990s, Scott and his father transitioned from retail to wholesale, developing JDS Industries into the 13-warehouse international business it is today. As he started approaching 60, Scott began exploring exit strategies—outright sale, family succession, or something in between. Concerned about culture shifts and vendor disruption with a private equity sale, Scott listened to his leadership team’s bold proposal: a 100% ESOP (Employee Stock Ownership Plan).  After visiting several companies that operate under ESOPs, meeting with investors, and consulting with his leadership team, Scott decided to sell his company to his employees in a manner that maximized long-term impact while minimizing personal risk.  [28:07] “No path of you exiting your company is without risk. . . . You gotta decide really what your hotspots are and what's most important to you.” Scott explains how educating himself (and others) on ESOPs, keeping his leadership team informed, and structuring a gradual transition allowed him to stay strategically involved while maintaining employee trust and positive company culture. [23:07] “We’re about six months into [the transition] now and it’s working very, very well, and I can focus more on the strategic side of things.” Scott stresses that while it takes time to transition out of a company, being proactive about succession is vital. Setting up your employees and future self for success is worth the time and effort. Links Scott Sletten | LinkedIn JDS Industries’ Website Prairie Family Business Association’s (PFBA) Website PFBA’s Instagram Wed, 20 Aug 2025 09:00:00 -0000 full Prairie Family Business Association Scott Sletten of JDS Industries shares how employee ownership is shaping his company’s future and why legacy mattered most to his succession plan. Scott Sletten shares how JDS Industries, a thriving wholesale business, started as a local trophy shop, owned and run by his father. In the 1990s, Scott and his father transitioned from retail to wholesale, developing JDS Industries into the 13-warehouse international business it is today. As he started approaching 60, Scott began exploring exit strategies—outright sale, family succession, or something in between. Concerned about culture shifts and vendor disruption with a private equity sale, Scott listened to his leadership team’s bold proposal: a 100% ESOP (Employee Stock Ownership Plan).  After visiting several companies that operate under ESOPs, meeting with investors, and consulting with his leadership team, Scott decided to sell his company to his employees in a manner that maximized long-term impact while minimizing personal risk.  [28:07] “No path of you exiting your company is without risk. . . . You gotta decide really what your hotspots are and what's most important to you.” Scott explains how educating himself (and others) on ESOPs, keeping his leadership team informed, and structuring a gradual transition allowed him to stay strategically involved while maintaining employee trust and positive company culture. [23:07] “We’re about six months into [the transition] now and it’s working very, very well, and I can focus more on the strategic side of things.” Scott stresses that while it takes time to transition out of a company, being proactive about succession is vital. Setting up your employees and future self for success is worth the time and effort. Links Scott Sletten | LinkedIn JDS Industries’ Website Prairie Family Business Association’s (PFBA) Website PFBA’s Instagram Scott Sletten of JDS Industries shares how employee ownership is shaping his company’s future and why legacy mattered most to his succession plan.

Scott Sletten shares how JDS Industries, a thriving wholesale business, started as a local trophy shop, owned and run by his father. In the 1990s, Scott and his father transitioned from retail to wholesale, developing JDS Industries into the 13-warehouse international business it is today.

As he started approaching 60, Scott began exploring exit strategies—outright sale, family succession, or something in between. Concerned about culture shifts and vendor disruption with a private equity sale, Scott listened to his leadership team’s bold proposal: a 100% ESOP (Employee Stock Ownership Plan). 

After visiting several companies that operate under ESOPs, meeting with investors, and consulting with his leadership team, Scott decided to sell his company to his employees in a manner that maximized long-term impact while minimizing personal risk. 

[28:07] “No path of you exiting your company is without risk. . . . You gotta decide really what your hotspots are and what's most important to you.”

Scott explains how educating himself (and others) on ESOPs, keeping his leadership team informed, and structuring a gradual transition allowed him to stay strategically involved while maintaining employee trust and positive company culture.

[23:07] “We’re about six months into [the transition] now and it’s working very, very well, and I can focus more on the strategic side of things.”

Scott stresses that while it takes time to transition out of a company, being proactive about succession is vital. Setting up your employees and future self for success is worth the time and effort.

Links

Scott Sletten | LinkedIn

JDS Industries’ Website

Prairie Family Business Association’s (PFBA) Website

PFBA’s Instagram

]]> 1925 no Plan Like a Pro, Lead Like Family | Toni Sandin of Sandin Law Toni Sandin of Sandin Law shares how proactive planning, outside facilitation, and tough conversations help families achieve long-term success.  Toni Sandin shares powerful insights on the unique challenges of balancing business dynamics with family relationships. As an estate attorney, CPA, business owner, and second-generation member of her family’s business, Toni understands the value of sound succession planning and its impact on family relationships. Toni underscores why intentional planning matters, sharing stories of clients whose legacies were successfully passed down and others that ended in legal battles and health issues. She warns that business owners can allow their desire to be frugal to overshadow the importance of setting up their family and business for long-term success. [14:29] “Your family is way too important to be frugal with [succession planning].” From the transformational impact of hiring a facilitator, to how her own family's commitment deepened through hard conversations, Toni illustrates in this conversation that success lies not in avoiding tension, but addressing it head-on. [37:25] “Everybody wants to find people who will tell them what they want to hear, but we only grow when we’re willing to be challenged by other people.” Toni stresses that the family is most important—not the family business. But the business can either strengthen or destroy a family if there isn’t a solid plan in place. Links Toni Sandin | LinkedIn Sandin Law’s Website Western Products’ Website Prairie Family Business Association’s Website Prairie Family Business Association’s Retreat Prairie Family Business Association’s Conference Hug of War by Cathy Carroll Wed, 06 Aug 2025 09:00:00 -0000 full Prairie Family Business Association Toni Sandin of Sandin Law shares how proactive planning, outside facilitation, and tough conversations help families achieve long-term success.  Toni Sandin shares powerful insights on the unique challenges of balancing business dynamics with family relationships. As an estate attorney, CPA, business owner, and second-generation member of her family’s business, Toni understands the value of sound succession planning and its impact on family relationships. Toni underscores why intentional planning matters, sharing stories of clients whose legacies were successfully passed down and others that ended in legal battles and health issues. She warns that business owners can allow their desire to be frugal to overshadow the importance of setting up their family and business for long-term success. [14:29] “Your family is way too important to be frugal with [succession planning].” From the transformational impact of hiring a facilitator, to how her own family's commitment deepened through hard conversations, Toni illustrates in this conversation that success lies not in avoiding tension, but addressing it head-on. [37:25] “Everybody wants to find people who will tell them what they want to hear, but we only grow when we’re willing to be challenged by other people.” Toni stresses that the family is most important—not the family business. But the business can either strengthen or destroy a family if there isn’t a solid plan in place. Links Toni Sandin | LinkedIn Sandin Law’s Website Western Products’ Website Prairie Family Business Association’s Website Prairie Family Business Association’s Retreat Prairie Family Business Association’s Conference Hug of War by Cathy Carroll Toni Sandin of Sandin Law shares how proactive planning, outside facilitation, and tough conversations help families achieve long-term success. 

Toni Sandin shares powerful insights on the unique challenges of balancing business dynamics with family relationships. As an estate attorney, CPA, business owner, and second-generation member of her family’s business, Toni understands the value of sound succession planning and its impact on family relationships.


Toni underscores why intentional planning matters, sharing stories of clients whose legacies were successfully passed down and others that ended in legal battles and health issues. She warns that business owners can allow their desire to be frugal to overshadow the importance of setting up their family and business for long-term success.


[14:29] “Your family is way too important to be frugal with [succession planning].”


From the transformational impact of hiring a facilitator, to how her own family's commitment deepened through hard conversations, Toni illustrates in this conversation that success lies not in avoiding tension, but addressing it head-on.


[37:25] “Everybody wants to find people who will tell them what they want to hear, but we only grow when we’re willing to be challenged by other people.”


Toni stresses that the family is most important—not the family business. But the business can either strengthen or destroy a family if there isn’t a solid plan in place.


Links

Toni Sandin | LinkedIn

Sandin Law’s Website

Western Products’ Website

Prairie Family Business Association’s Website

Prairie Family Business Association’s Retreat

Prairie Family Business Association’s Conference

Hug of War by Cathy Carroll

]]> 2597 no How to Be a Great Board Member | Michaela Bearden & Angelika Olsen of Inner Will Michaela Bearden and Angelika Olsen of InnerWill share how board members can support family businesses through relationship, humility, and hard questions. Michaela Bearden and Angelika Olsen of InnerWill share actionable insights on how to be a strong board member in a family business. They highlight the power of disagreement, why objectivity matters more than loyalty to individuals, and how long-term thinking helps steward a family enterprise across generations. From avoiding favoritism to preparing future leaders, Michaela and Angelika offer stories, best practices, and common pitfalls that boards need to be aware of. [11:40] Michaela: “You don’t want a board member that isn’t willing to push back. You want somebody that is going to be engaged and ask the hard questions because your family’s success really hinges on their involvement.” Angelika and Michaela comment that businesses are personal. Non-family board members must have a clear lens of not only the business and the field, but the family and its dynamics. Board members should prioritize involving the next generation in strategic projects and get to know them to lay the foundations of a strong, trusting relationship. [27:35] Michaela: “Succession isn’t a transaction; it’s a transformation.” Whether your family has a seasoned board or you’re just getting started, this episode will leave you with tangible steps to strengthen and serve your business for generations to come. Links Michaela Bearden | ⁠LinkedIn⁠ Angelika Olsen | ⁠LinkedIn⁠ InnerWill Leadership Institute’s ⁠Website⁠ Wed, 23 Jul 2025 09:00:00 -0000 full Prairie Family Business Association Michaela Bearden and Angelika Olsen of InnerWill share how board members can support family businesses through relationship, humility, and hard questions. Michaela Bearden and Angelika Olsen of InnerWill share actionable insights on how to be a strong board member in a family business. They highlight the power of disagreement, why objectivity matters more than loyalty to individuals, and how long-term thinking helps steward a family enterprise across generations. From avoiding favoritism to preparing future leaders, Michaela and Angelika offer stories, best practices, and common pitfalls that boards need to be aware of. [11:40] Michaela: “You don’t want a board member that isn’t willing to push back. You want somebody that is going to be engaged and ask the hard questions because your family’s success really hinges on their involvement.” Angelika and Michaela comment that businesses are personal. Non-family board members must have a clear lens of not only the business and the field, but the family and its dynamics. Board members should prioritize involving the next generation in strategic projects and get to know them to lay the foundations of a strong, trusting relationship. [27:35] Michaela: “Succession isn’t a transaction; it’s a transformation.” Whether your family has a seasoned board or you’re just getting started, this episode will leave you with tangible steps to strengthen and serve your business for generations to come. Links Michaela Bearden | ⁠LinkedIn⁠ Angelika Olsen | ⁠LinkedIn⁠ InnerWill Leadership Institute’s ⁠Website⁠ Michaela Bearden and Angelika Olsen of InnerWill share how board members can support family businesses through relationship, humility, and hard questions.


Michaela Bearden and Angelika Olsen of InnerWill share actionable insights on how to be a strong board member in a family business. They highlight the power of disagreement, why objectivity matters more than loyalty to individuals, and how long-term thinking helps steward a family enterprise across generations.


From avoiding favoritism to preparing future leaders, Michaela and Angelika offer stories, best practices, and common pitfalls that boards need to be aware of.


[11:40] Michaela: “You don’t want a board member that isn’t willing to push back. You want somebody that is going to be engaged and ask the hard questions because your family’s success really hinges on their involvement.”


Angelika and Michaela comment that businesses are personal. Non-family board members must have a clear lens of not only the business and the field, but the family and its dynamics. Board members should prioritize involving the next generation in strategic projects and get to know them to lay the foundations of a strong, trusting relationship.


[27:35] Michaela: “Succession isn’t a transaction; it’s a transformation.”


Whether your family has a seasoned board or you’re just getting started, this episode will leave you with tangible steps to strengthen and serve your business for generations to come.


Links

Michaela Bearden | ⁠LinkedIn⁠

Angelika Olsen | ⁠LinkedIn⁠

InnerWill Leadership Institute’s ⁠Website⁠

]]> 1907 no Build from the Ground Up | Abby Woodford of Interim HealthCare Abby Woodford, Vice President and COO of Interim HealthCare, shares how leadership, culture, and communication facilitate effective succession planning. Abby Woodford has lived every phase of her life alongside Interim HealthCare, from doing childhood chores in the office to leading a thriving care team across multiple states. In this episode, Abby opens up about what it’s like to work with siblings and parents, how to build a business that lasts, and why core values and clear succession planning are game changers for any family business. Abby also highlights the importance of intentional family meetings, the power of peer groups, and how her family ensures business conversations don’t seep into their personal family time.  [21:41] “Our rule is simple: We meet, we make sure that everyone has a voice at the meetings, and we don’t want anything left unsaid.” Looking ahead, she hopes the third generation will find their own place in the business, just as she and her sisters have. [28:19] “Family business is unique . . . the reward definitely outweighs the difficult moments and knowing that you’re carrying out that legacy . . . is really important.” If you’re navigating the complex dynamics of a family business, listen in to be inspired and motivated by Abby’s actionable insights. Links Abby Woodford | LinkedIn Interim HealthCare’s Website Prairie Family Business Association’s Website EOS Worldwide’s Website Wed, 09 Jul 2025 09:00:00 -0000 full Prairie Family Business Association Abby Woodford, Vice President and COO of Interim HealthCare, shares how leadership, culture, and communication facilitate effective succession planning. Abby Woodford has lived every phase of her life alongside Interim HealthCare, from doing childhood chores in the office to leading a thriving care team across multiple states. In this episode, Abby opens up about what it’s like to work with siblings and parents, how to build a business that lasts, and why core values and clear succession planning are game changers for any family business. Abby also highlights the importance of intentional family meetings, the power of peer groups, and how her family ensures business conversations don’t seep into their personal family time.  [21:41] “Our rule is simple: We meet, we make sure that everyone has a voice at the meetings, and we don’t want anything left unsaid.” Looking ahead, she hopes the third generation will find their own place in the business, just as she and her sisters have. [28:19] “Family business is unique . . . the reward definitely outweighs the difficult moments and knowing that you’re carrying out that legacy . . . is really important.” If you’re navigating the complex dynamics of a family business, listen in to be inspired and motivated by Abby’s actionable insights. Links Abby Woodford | LinkedIn Interim HealthCare’s Website Prairie Family Business Association’s Website EOS Worldwide’s Website Abby Woodford, Vice President and COO of Interim HealthCare, shares how leadership, culture, and communication facilitate effective succession planning.

Abby Woodford has lived every phase of her life alongside Interim HealthCare, from doing childhood chores in the office to leading a thriving care team across multiple states. In this episode, Abby opens up about what it’s like to work with siblings and parents, how to build a business that lasts, and why core values and clear succession planning are game changers for any family business.

Abby also highlights the importance of intentional family meetings, the power of peer groups, and how her family ensures business conversations don’t seep into their personal family time. 

[21:41] “Our rule is simple: We meet, we make sure that everyone has a voice at the meetings, and we don’t want anything left unsaid.”

Looking ahead, she hopes the third generation will find their own place in the business, just as she and her sisters have.

[28:19] “Family business is unique . . . the reward definitely outweighs the difficult moments and knowing that you’re carrying out that legacy . . . is really important.”

If you’re navigating the complex dynamics of a family business, listen in to be inspired and motivated by Abby’s actionable insights.


Links

Abby Woodford | LinkedIn

Interim HealthCare’s Website

Prairie Family Business Association’s Website

EOS Worldwide’s Website

]]> 1969 no Building a Legacy Together | Megan Green of Weiler Megan Green, CFO and General Counsel at Weiler, opens up about returning to her family’s heavy equipment manufacturing business after nearly a decade as a corporate attorney. In this candid conversation, Megan explains how she and her siblings took on unexpected roles—not based on title, but based on where the business needed them most.Her reflections on leading with humility, learning the company from the inside out, and earning trust through clear communication resonate beyond family business.  Megan also shares how Weiler’s intentional culture—rooted in trust, rapid decision-making, and candid feedback—has helped her family prepare for succession while still growing the business. [20:00] “The stakes are high in family business… It can be difficult to make the right decision under a microscope, and people who understand that are really valuable.” She offers an honest look at working with non-family leadership, managing legacy relationships, and learning from peers. Megan highlights one actionable tool that helped Weiler’s team define gaps and build confidence in their transition plan—an exercise that any leadership team can replicate. [31:00] “We initially thought we had to replicate all of [our Dad’s] strengths. But that’s not feasible… We all contribute in the way that makes the most sense for us and for the business.” Links Weiler Website Wed, 25 Jun 2025 09:00:00 -0000 full Prairie Family Business Association Megan Green, CFO and General Counsel at Weiler, opens up about returning to her family’s heavy equipment manufacturing business after nearly a decade as a corporate attorney. In this candid conversation, Megan explains how she and her siblings took on unexpected roles—not based on title, but based on where the business needed them most.Her reflections on leading with humility, learning the company from the inside out, and earning trust through clear communication resonate beyond family business.  Megan also shares how Weiler’s intentional culture—rooted in trust, rapid decision-making, and candid feedback—has helped her family prepare for succession while still growing the business. [20:00] “The stakes are high in family business… It can be difficult to make the right decision under a microscope, and people who understand that are really valuable.” She offers an honest look at working with non-family leadership, managing legacy relationships, and learning from peers. Megan highlights one actionable tool that helped Weiler’s team define gaps and build confidence in their transition plan—an exercise that any leadership team can replicate. [31:00] “We initially thought we had to replicate all of [our Dad’s] strengths. But that’s not feasible… We all contribute in the way that makes the most sense for us and for the business.” Links Weiler Website Megan Green, CFO and General Counsel at Weiler, opens up about returning to her family’s heavy equipment manufacturing business after nearly a decade as a corporate attorney.


In this candid conversation, Megan explains how she and her siblings took on unexpected roles—not based on title, but based on where the business needed them most.Her reflections on leading with humility, learning the company from the inside out, and earning trust through clear communication resonate beyond family business. 


Megan also shares how Weiler’s intentional culture—rooted in trust, rapid decision-making, and candid feedback—has helped her family prepare for succession while still growing the business.


[20:00] “The stakes are high in family business… It can be difficult to make the right decision under a microscope, and people who understand that are really valuable.” She offers an honest look at working with non-family leadership, managing legacy relationships, and learning from peers. Megan highlights one actionable tool that helped Weiler’s team define gaps and build confidence in their transition plan—an exercise that any leadership team can replicate.


[31:00] “We initially thought we had to replicate all of [our Dad’s] strengths. But that’s not feasible… We all contribute in the way that makes the most sense for us and for the business.”


Links

Weiler Website

]]> 2189 no Family Business Connection Season 2: COMING SOON! Season 2 of Family Business Connection is here! Join host Stephanie Larscheid as she shares real stories from family business owners and next-gen leaders navigating the challenges of working with family—while building lasting legacies. From first-generation founders to fifth- and sixth-generation stewards, each episode delivers insights, operational tips, and encouragement for those in the thick of family and business life.  Whether you're a business owner, successor, or advisor, you'll find ideas and inspiration to strengthen both your family and your enterprise. Season 02 launches on Wednesday, June 25. Follow Family Business Connection so you never miss an episode! Wed, 18 Jun 2025 21:48:00 -0000 trailer Prairie Family Business Association Season 2 of Family Business Connection is here! Join host Stephanie Larscheid as she shares real stories from family business owners and next-gen leaders navigating the challenges of working with family—while building lasting legacies. From first-generation founders to fifth- and sixth-generation stewards, each episode delivers insights, operational tips, and encouragement for those in the thick of family and business life.  Whether you're a business owner, successor, or advisor, you'll find ideas and inspiration to strengthen both your family and your enterprise. Season 02 launches on Wednesday, June 25. Follow Family Business Connection so you never miss an episode! Season 2 of Family Business Connection is here!

Join host Stephanie Larscheid as she shares real stories from family business owners and next-gen leaders navigating the challenges of working with family—while building lasting legacies.

From first-generation founders to fifth- and sixth-generation stewards, each episode delivers insights, operational tips, and encouragement for those in the thick of family and business life. 

Whether you're a business owner, successor, or advisor, you'll find ideas and inspiration to strengthen both your family and your enterprise.

Season 02 launches on Wednesday, June 25. Follow Family Business Connection so you never miss an episode!

]]> 87 no Nearly 100 Years of Free Ice Water | Rick and Sarah of Wall Drug In this episode, we’re joined by both Rick and Sarah Hustead of Wall Drug, a family-owned and operated family business headquartered in Wall, South Dakota. Famous for their free ice water billboards around the world, Rick and Sarah describe how the family expanded the drug store into a landmark roadside attraction through Rick’s grandmother’s advertising suggestion during the Great Depression.  They also discuss how they’ve managed the business for nearly 100 years across four generations, the importance of asking the next generation to be a part of the family business, and what being “the steward” of Wall Drug looks like for the future.  Family Business Checkup - Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources  2025 Conference - Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference   Season One of the Family Business Connection features stories from all kinds of family business leaders that guide family businesses to thrive for generations.  Thank you to this episode’s sponsor, Pro Resources!   Wed, 15 Jan 2025 09:00:00 -0000 Nearly 100 Years of Free Ice Water | Rick and Sarah of Wall Drug full 1 10 Prairie Family Business Association In this episode, we’re joined by both Rick and Sarah Hustead of Wall Drug, a family-owned and operated family business headquartered in Wall, South Dakota. Famous for their free ice water billboards around the world, Rick and Sarah describe how the family expanded the drug store into a landmark roadside attraction through Rick’s grandmother’s advertising suggestion during the Great Depression. They also discuss how they’ve managed the business for nearly 100 years across four generation... In this episode, we’re joined by both Rick and Sarah Hustead of Wall Drug, a family-owned and operated family business headquartered in Wall, South Dakota. Famous for their free ice water billboards around the world, Rick and Sarah describe how the family expanded the drug store into a landmark roadside attraction through Rick’s grandmother’s advertising suggestion during the Great Depression.  They also discuss how they’ve managed the business for nearly 100 years across four generations, the importance of asking the next generation to be a part of the family business, and what being “the steward” of Wall Drug looks like for the future.  Family Business Checkup - Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources  2025 Conference - Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference   Season One of the Family Business Connection features stories from all kinds of family business leaders that guide family businesses to thrive for generations.  Thank you to this episode’s sponsor, Pro Resources!   In this episode, we’re joined by both Rick and Sarah Hustead of Wall Drug, a family-owned and operated family business headquartered in Wall, South Dakota. Famous for their free ice water billboards around the world, Rick and Sarah describe how the family expanded the drug store into a landmark roadside attraction through Rick’s grandmother’s advertising suggestion during the Great Depression. 

They also discuss how they’ve managed the business for nearly 100 years across four generations, the importance of asking the next generation to be a part of the family business, and what being “the steward” of Wall Drug looks like for the future. 

Family Business Checkup - Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources 

2025 Conference - Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference  

Season One of the Family Business Connection features stories from all kinds of family business leaders that guide family businesses to thrive for generations. 

Thank you to this episode’s sponsor, Pro Resources!  

]]> 2220 no Water Tanks, Employment Policies & Innovation | Parker Jones of Maguire We welcome Parker Jones, Business Development Manager and third-generation family member of Maguire, a Sioux Falls-based water storage solutions leader with over a century of expertise in water tank and tower construction and maintenance. Parker discusses Maguire’s family employment policy, which fosters intentionality and clarity in developing a lasting business legacy through a shared mission rather than pursuing a quick profit through the sale of the business. We also talk about Maguire’s commitment to innovation through their goal to launch a new business every year under the Maguire umbrella.   Affinity Peer Group – Parker described the pivotal role her Affinity Peer Group has played in helping her develop as a family business leader. APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including family employment policies and growing the business through innovation. Learn more about APGs and how you could benefit from joining your peers: fambus.org/APG  Family Business Checkup - Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources 2025 Conference - Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference   Season One of the Family Business Connection will be 11 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.  Thank you to this episode’s sponsor, Insperity!   Wed, 18 Dec 2024 09:00:00 -0000 Water Tanks, Employment Policies & Innovation | Parker Jones of Maguire full Prairie Family Business Association We welcome Parker Jones, Business Development Manager and third-generation family member of Maguire, a Sioux Falls-based water storage solutions leader with over a century of expertise in water tank and tower construction and maintenance. Parker discusses Maguire’s family employment policy, which fosters intentionality and clarity in developing a lasting business legacy through a shared mission rather than pursuing a quick profit through the sale of the business. We also talk about Maguire’s ... We welcome Parker Jones, Business Development Manager and third-generation family member of Maguire, a Sioux Falls-based water storage solutions leader with over a century of expertise in water tank and tower construction and maintenance. Parker discusses Maguire’s family employment policy, which fosters intentionality and clarity in developing a lasting business legacy through a shared mission rather than pursuing a quick profit through the sale of the business. We also talk about Maguire’s commitment to innovation through their goal to launch a new business every year under the Maguire umbrella.   Affinity Peer Group – Parker described the pivotal role her Affinity Peer Group has played in helping her develop as a family business leader. APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including family employment policies and growing the business through innovation. Learn more about APGs and how you could benefit from joining your peers: fambus.org/APG  Family Business Checkup - Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources 2025 Conference - Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference   Season One of the Family Business Connection will be 11 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.  Thank you to this episode’s sponsor, Insperity!   We welcome Parker Jones, Business Development Manager and third-generation family member of Maguire, a Sioux Falls-based water storage solutions leader with over a century of expertise in water tank and tower construction and maintenance.

Parker discusses Maguire’s family employment policy, which fosters intentionality and clarity in developing a lasting business legacy through a shared mission rather than pursuing a quick profit through the sale of the business. We also talk about Maguire’s commitment to innovation through their goal to launch a new business every year under the Maguire umbrella.  

Affinity Peer Group – Parker described the pivotal role her Affinity Peer Group has played in helping her develop as a family business leader. APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including family employment policies and growing the business through innovation. Learn more about APGs and how you could benefit from joining your peers: fambus.org/APG 

Family Business Checkup - Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources

2025 Conference - Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference  

Season One of the Family Business Connection will be 11 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. 

Thank you to this episode’s sponsor, Insperity!  

]]> 1632 no Leading from the Right Lane | T.J. Russell of Cloverdale Foods We welcome T.J. Russell, the chairman and fourth-generation owner of Cloverdale Foods. The Mandan, North Dakota-based food company creates high-quality, flavorful meat products that include bacon, sausage, deli meats, and snacks.  In our conversation, we talked about how the 110-year-old company reached the Century Club and what lessons and philosophies have been handed down through generations. We also discuss how Cloverdale formed an advisory board in 2023 as well as what it takes to have a high-functioning executive team made up of both family and non-family key leaders. Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference Do you know what one of our highest rated programs is? Live Case Studies! In a Live Case Study, your family will work with a team of professional advisors who have expertise working with family businesses to analyze your family business and provide you with a roadmap for the future of your business tailored to each of your family members. Participation in a Live Case Study is a no cost benefit of membership to Prairie Family Business Association. Learn more about the Live Case Study process and read how they’ve impacted other family businesses: www.fambus.org/live-case-study Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, Thompson Law!  Thu, 19 Sep 2024 08:00:00 -0000 Leading from the Right Lane | T.J. Russell of Cloverdale Foods full Prairie Family Business Association We welcome T.J. Russell, the chairman and fourth-generation owner of Cloverdale Foods. The Mandan, North Dakota-based food company creates high-quality, flavorful meat products that include bacon, sausage, deli meats, and snacks. In our conversation, we talked about how the 110-year-old company reached the Century Club and what lessons and philosophies have been handed down through generations. We also discuss how Cloverdale formed an advisory board in 2023 as well as what it takes to h... We welcome T.J. Russell, the chairman and fourth-generation owner of Cloverdale Foods. The Mandan, North Dakota-based food company creates high-quality, flavorful meat products that include bacon, sausage, deli meats, and snacks.  In our conversation, we talked about how the 110-year-old company reached the Century Club and what lessons and philosophies have been handed down through generations. We also discuss how Cloverdale formed an advisory board in 2023 as well as what it takes to have a high-functioning executive team made up of both family and non-family key leaders. Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference Do you know what one of our highest rated programs is? Live Case Studies! In a Live Case Study, your family will work with a team of professional advisors who have expertise working with family businesses to analyze your family business and provide you with a roadmap for the future of your business tailored to each of your family members. Participation in a Live Case Study is a no cost benefit of membership to Prairie Family Business Association. Learn more about the Live Case Study process and read how they’ve impacted other family businesses: www.fambus.org/live-case-study Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, Thompson Law!  We welcome T.J. Russell, the chairman and fourth-generation owner of Cloverdale Foods. The Mandan, North Dakota-based food company creates high-quality, flavorful meat products that include bacon, sausage, deli meats, and snacks. 

In our conversation, we talked about how the 110-year-old company reached the Century Club and what lessons and philosophies have been handed down through generations. We also discuss how Cloverdale formed an advisory board in 2023 as well as what it takes to have a high-functioning executive team made up of both family and non-family key leaders.

Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources

Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference

Do you know what one of our highest rated programs is? Live Case Studies! In a Live Case Study, your family will work with a team of professional advisors who have expertise working with family businesses to analyze your family business and provide you with a roadmap for the future of your business tailored to each of your family members. Participation in a Live Case Study is a no cost benefit of membership to Prairie Family Business Association. Learn more about the Live Case Study process and read how they’ve impacted other family businesses: www.fambus.org/live-case-study

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

Thank you to this episode’s sponsor, Thompson Law! 

]]> 2781 no A New Strategy for Fresh, Sustainable Food | Tim Meagher of Vanguard Hospitality We welcome Tim Meagher, owner and Chief Operating Officer of Vanguard Hospitality, a family business behind some of the most popular restaurants in the Sioux Falls area including Minervas, Grille 26, and Morrie’s Streakhouse.  In our conversation, we talk about how the COVID pandemic caused massive changes to Vanguard’s food suppliers causing the company to pursue partnerships with local producers, most of which are family owned and operated. Not only does Vanguard prioritize the freshest, most sustainable, and seasonal food, they’re supporting family farms, ranches, and producers. Tim shares his story of how Vanguard navigated massive change that ultimately transformed how their family business secured their food supply by investing in local partners.  Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference Do you know what one of our highest rated programs is? Live Case Studies! In a Live Case Study, your family will work with a team of professional advisors who have expertise working with family businesses to analyze your family business and provide you with a roadmap for the future of your business tailored to each of your family members. Participation in a Live Case Study is a no cost benefit of membership to Prairie Family Business Association. Learn more about the Live Case Study process and read how they’ve impacted other family businesses: www.fambus.org/live-case-study Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, Thompson Law!  Wed, 21 Aug 2024 08:00:00 -0000 A New Strategy for Fresh, Sustainable Food | Tim Meagher of Vanguard Hospitality full Prairie Family Business Association We welcome Tim Meagher, owner and Chief Operating Officer of Vanguard Hospitality, a family business behind some of the most popular restaurants in the Sioux Falls area including Minervas, Grille 26, and Morrie’s Streakhouse. In our conversation, we talk about how the COVID pandemic caused massive changes to Vanguard’s food suppliers causing the company to pursue partnerships with local producers, most of which are family owned and operated. Not only does Vanguard prioritize the freshes... We welcome Tim Meagher, owner and Chief Operating Officer of Vanguard Hospitality, a family business behind some of the most popular restaurants in the Sioux Falls area including Minervas, Grille 26, and Morrie’s Streakhouse.  In our conversation, we talk about how the COVID pandemic caused massive changes to Vanguard’s food suppliers causing the company to pursue partnerships with local producers, most of which are family owned and operated. Not only does Vanguard prioritize the freshest, most sustainable, and seasonal food, they’re supporting family farms, ranches, and producers. Tim shares his story of how Vanguard navigated massive change that ultimately transformed how their family business secured their food supply by investing in local partners.  Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference Do you know what one of our highest rated programs is? Live Case Studies! In a Live Case Study, your family will work with a team of professional advisors who have expertise working with family businesses to analyze your family business and provide you with a roadmap for the future of your business tailored to each of your family members. Participation in a Live Case Study is a no cost benefit of membership to Prairie Family Business Association. Learn more about the Live Case Study process and read how they’ve impacted other family businesses: www.fambus.org/live-case-study Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, Thompson Law!  We welcome Tim Meagher, owner and Chief Operating Officer of Vanguard Hospitality, a family business behind some of the most popular restaurants in the Sioux Falls area including Minervas, Grille 26, and Morrie’s Streakhouse. 

In our conversation, we talk about how the COVID pandemic caused massive changes to Vanguard’s food suppliers causing the company to pursue partnerships with local producers, most of which are family owned and operated. Not only does Vanguard prioritize the freshest, most sustainable, and seasonal food, they’re supporting family farms, ranches, and producers. Tim shares his story of how Vanguard navigated massive change that ultimately transformed how their family business secured their food supply by investing in local partners. 

Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources

Join PFBA for an action-packed two-days full of family business inspiration and motivation that’ll transform your thinking around communication, succession, relationships, and the future of your family business at the 2025 Annual Family Business Conference, including the Taste of Family Business event Tim mentions in this episode. Now at the Steel District – Canopy by Hilton in Sioux Falls, South Dakota, you’ll want to register for your tickets at the lowest price of the year. Learn more and register: www.fambus.org/2025conference

Do you know what one of our highest rated programs is? Live Case Studies! In a Live Case Study, your family will work with a team of professional advisors who have expertise working with family businesses to analyze your family business and provide you with a roadmap for the future of your business tailored to each of your family members. Participation in a Live Case Study is a no cost benefit of membership to Prairie Family Business Association. Learn more about the Live Case Study process and read how they’ve impacted other family businesses: www.fambus.org/live-case-study

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

Thank you to this episode’s sponsor, Thompson Law! 

]]> 2547 no Family Councils & Married-Ins | Brittney Ray of E. Ritter & Company  We welcome Brittney Ray, a fifth-generation owner and chair of E. Ritter & Company, a portfolio of businesses in agriculture, telecommunications, fire and life safety, and information technology services across seven states. In our conversation, we take a deep dive into the Ritter family’s family council from her perspective as a married-in. You’ll hear Brittney describe how she’s navigated being a married-in leading the family council, how they’re building a family culture of respectful conflict, and how they’re casting a vision that ensures the family wants to stay in business with each other for generations to come.   Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, JPMorgan Chase!  Wed, 17 Jul 2024 08:00:00 -0000 Family Councils & Married-Ins | Brittney Ray of E. Ritter & Company full Prairie Family Business Association We welcome Brittney Ray, a fifth-generation owner and chair of E. Ritter & Company, a portfolio of businesses in agriculture, telecommunications, fire and life safety, and information technology services across seven states. In our conversation, we take a deep dive into the Ritter family’s family council from her perspective as a married-in. You’ll hear Brittney describe how she’s navigated being a married-in leading the family council, how they’re building a family culture of respe...  We welcome Brittney Ray, a fifth-generation owner and chair of E. Ritter & Company, a portfolio of businesses in agriculture, telecommunications, fire and life safety, and information technology services across seven states. In our conversation, we take a deep dive into the Ritter family’s family council from her perspective as a married-in. You’ll hear Brittney describe how she’s navigated being a married-in leading the family council, how they’re building a family culture of respectful conflict, and how they’re casting a vision that ensures the family wants to stay in business with each other for generations to come.   Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, JPMorgan Chase!   We welcome Brittney Ray, a fifth-generation owner and chair of E. Ritter & Company, a portfolio of businesses in agriculture, telecommunications, fire and life safety, and information technology services across seven states. In our conversation, we take a deep dive into the Ritter family’s family council from her perspective as a married-in. You’ll hear Brittney describe how she’s navigated being a married-in leading the family council, how they’re building a family culture of respectful conflict, and how they’re casting a vision that ensures the family wants to stay in business with each other for generations to come.  

Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

Thank you to this episode’s sponsor, JPMorgan Chase! 

]]> 2514 no Innovation as the Driving Force | Paul Steffes of Steffes On our episode ahead of Father’s Day, we welcome Paul Steffes, Founder and Innovation Advisor of Steffes Companies headquartered in Dickinson, North Dakota. In our conversation, we talk about family and business values and especially integrating innovation into all that Steffes does and stands for. We also discuss what Paul refers to as the OBM Model: Owner/Board/Management and how they all work together with each one’s unified voice. There was a time when Paul thought the next generation would not be able to afford the business and he talked about their family’s solution to that obstacle.  Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources  Want to learn how you can tangibly influence your family business’ culture? Join an Affinity Peer Group! Affinity Peer Groups or APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including culture challenges like how to improve employee retention and how the upcoming generations can gain employees’ trust. Learn more about APGs and how you could benefit from joining your peers at https://fambus.org/programs/affinity-peer-groups/  Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, Six Point Creative!  Thu, 13 Jun 2024 08:00:00 -0000 Innovation as the Driving Force | Paul Steffes of Steffes full Prairie Family Business Association On our episode ahead of Father’s Day, we welcome Paul Steffes, Founder and Innovation Advisor of Steffes Companies headquartered in Dickinson, North Dakota. In our conversation, we talk about family and business values and especially integrating innovation into all that Steffes does and stands for. We also discuss what Paul refers to as the OBM Model: Owner/Board/Management and how they all work together with each one’s unified voice. There was a time when Paul thought the next generation wou... On our episode ahead of Father’s Day, we welcome Paul Steffes, Founder and Innovation Advisor of Steffes Companies headquartered in Dickinson, North Dakota. In our conversation, we talk about family and business values and especially integrating innovation into all that Steffes does and stands for. We also discuss what Paul refers to as the OBM Model: Owner/Board/Management and how they all work together with each one’s unified voice. There was a time when Paul thought the next generation would not be able to afford the business and he talked about their family’s solution to that obstacle.  Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources  Want to learn how you can tangibly influence your family business’ culture? Join an Affinity Peer Group! Affinity Peer Groups or APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including culture challenges like how to improve employee retention and how the upcoming generations can gain employees’ trust. Learn more about APGs and how you could benefit from joining your peers at https://fambus.org/programs/affinity-peer-groups/  Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations. Thank you to this episode’s sponsor, Six Point Creative!  On our episode ahead of Father’s Day, we welcome Paul Steffes, Founder and Innovation Advisor of Steffes Companies headquartered in Dickinson, North Dakota.

In our conversation, we talk about family and business values and especially integrating innovation into all that Steffes does and stands for. We also discuss what Paul refers to as the OBM Model: Owner/Board/Management and how they all work together with each one’s unified voice. There was a time when Paul thought the next generation would not be able to afford the business and he talked about their family’s solution to that obstacle. 

Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources 

Want to learn how you can tangibly influence your family business’ culture? Join an Affinity Peer Group! Affinity Peer Groups or APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including culture challenges like how to improve employee retention and how the upcoming generations can gain employees’ trust. Learn more about APGs and how you could benefit from joining your peers at https://fambus.org/programs/affinity-peer-groups/ 

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

Thank you to this episode’s sponsor, Six Point Creative! 

]]> 2064 no Leading as the Matriarch | Mary Jo Minor of Mills Property Management On our episode ahead of Mother’s Day, we welcome Mary Jo Minor, CEO of Mills Property Management, a property management company in Brookings, South Dakota. In our conversation, we talk about the similarities and differences between Mary Jo’s Gen1 to Gen2 transition and her current Gen2 to Gen3 transition. We also discuss how she approaches being intentional about leading both her family and her family business through values, work ethic, and how they do business. Lastly, Mary Jo and Stephanie talk about her passion of being the matriarch of her family business.Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.Thank you to this episode’s sponsor, Eide Bailly!  Wed, 08 May 2024 08:00:00 -0000 Leading as the Matriarch | Mary Jo Minor of Mills Property Management full Prairie Family Business Association On our episode ahead of Mother’s Day, we welcome Mary Jo Minor, CEO of Mills Property Management, a property management company in Brookings, South Dakota. In our conversation, we talk about the similarities and differences between Mary Jo’s Gen1 to Gen2 transition and her current Gen2 to Gen3 transition. We also discuss how she approaches being intentional about leading both her family and her family business through values, work ethic, and how they do business. Lastly, Mary Jo and Stephan... On our episode ahead of Mother’s Day, we welcome Mary Jo Minor, CEO of Mills Property Management, a property management company in Brookings, South Dakota. In our conversation, we talk about the similarities and differences between Mary Jo’s Gen1 to Gen2 transition and her current Gen2 to Gen3 transition. We also discuss how she approaches being intentional about leading both her family and her family business through values, work ethic, and how they do business. Lastly, Mary Jo and Stephanie talk about her passion of being the matriarch of her family business.Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.Thank you to this episode’s sponsor, Eide Bailly!  On our episode ahead of Mother’s Day, we welcome Mary Jo Minor, CEO of Mills Property Management, a property management company in Brookings, South Dakota.

In our conversation, we talk about the similarities and differences between Mary Jo’s Gen1 to Gen2 transition and her current Gen2 to Gen3 transition. We also discuss how she approaches being intentional about leading both her family and her family business through values, work ethic, and how they do business. Lastly, Mary Jo and Stephanie talk about her passion of being the matriarch of her family business.

Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available here: www.fambus.org/resources 

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

Thank you to this episode’s sponsor, Eide Bailly! 

]]> 1919 no Championing Culture | Lorie Pope of Nexus Innovations We welcome Lorie Pope, co-president of Nexus Innovations, a management and technology solutions family business that empowers clients for success through strategic solutions. Though Nexus is an expert of innovation in the everchanging technology industry, in this conversation we hear how they are a champion of culture.    In our conversation with Lorie, you’ll hear how their technology business is all about relationships. Excellence in technology is the baseline; the defining component of Nexus is their culture. Lorie discusses how the culture trickles down from the owners to the employees, how it’s taken shape as her passion project, and how it effects their succession plan.    Want to learn how you can tangibly influence your family business’ culture? Join an Affinity Peer Group! Lorie’s son and second generation leader, Jordan Pope, has been part of his group for several years and has helped him grow as a leader and helped Nexus’ culture grow. Affinity Peer Groups or APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including culture challenges like how to improve employee retention and how the upcoming generations can gain employees’ trust. Learn more about APGs and how you could benefit from joining your peers: https://fambus.org/programs/affinity-peer-groups/    Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.   Thank you to this episode’s sponsor, EOS Worldwide!  Thu, 18 Apr 2024 09:00:00 -0000 Championing Culture | Lorie Pope of Nexus Innovations full Prairie Family Business Association We welcome Lorie Pope, co-president of Nexus Innovations, a management and technology solutions family business that empowers clients for success through strategic solutions. Though Nexus is an expert of innovation in the everchanging technology industry, in this conversation we hear how they are a champion of culture. In our conversation with Lorie, you’ll hear how their technology business is all about relationships. Excellence in technology is the baseline; the defining compon... We welcome Lorie Pope, co-president of Nexus Innovations, a management and technology solutions family business that empowers clients for success through strategic solutions. Though Nexus is an expert of innovation in the everchanging technology industry, in this conversation we hear how they are a champion of culture.    In our conversation with Lorie, you’ll hear how their technology business is all about relationships. Excellence in technology is the baseline; the defining component of Nexus is their culture. Lorie discusses how the culture trickles down from the owners to the employees, how it’s taken shape as her passion project, and how it effects their succession plan.    Want to learn how you can tangibly influence your family business’ culture? Join an Affinity Peer Group! Lorie’s son and second generation leader, Jordan Pope, has been part of his group for several years and has helped him grow as a leader and helped Nexus’ culture grow. Affinity Peer Groups or APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including culture challenges like how to improve employee retention and how the upcoming generations can gain employees’ trust. Learn more about APGs and how you could benefit from joining your peers: https://fambus.org/programs/affinity-peer-groups/    Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.   Thank you to this episode’s sponsor, EOS Worldwide!  We welcome Lorie Pope, co-president of Nexus Innovations, a management and technology solutions family business that empowers clients for success through strategic solutions. Though Nexus is an expert of innovation in the everchanging technology industry, in this conversation we hear how they are a champion of culture. 

 

In our conversation with Lorie, you’ll hear how their technology business is all about relationships. Excellence in technology is the baseline; the defining component of Nexus is their culture. Lorie discusses how the culture trickles down from the owners to the employees, how it’s taken shape as her passion project, and how it effects their succession plan. 

 

Want to learn how you can tangibly influence your family business’ culture? Join an Affinity Peer Group! Lorie’s son and second generation leader, Jordan Pope, has been part of his group for several years and has helped him grow as a leader and helped Nexus’ culture grow. Affinity Peer Groups or APGs are small, highly confidential discussion groups that meet regularly, allowing members to share experiences and learn from each other. Through confidential discussion led by trained facilitators, you can hear how other family businesses have tackled challenges including culture challenges like how to improve employee retention and how the upcoming generations can gain employees’ trust. Learn more about APGs and how you could benefit from joining your peers:

https://fambus.org/programs/affinity-peer-groups/ 

 

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

 

Thank you to this episode’s sponsor, EOS Worldwide! 

]]> 2367 no How Key Non-Family Leaders Impact Succession | Jake Quasney & Becky Word of Lloyd Companies Jake Quasney and Becky Word of Lloyd Companies join Family Business Connection to discuss their roles as key non-family leaders in a family business. Jake is the Chief Operating Officer and Becky is the Chief of Staff of the Sioux Falls-based real estate company offering development, construction, property management, hospitality, and apartments.    We hear their unique perspectives relating to how the Lloyd family’s plan for succession evolved over time, including how they incorporated employee input about the future of the company. We also discuss how the Lloyd family first developed their advisory board before it became a fiduciary board and the transformation that process has had on several areas of the company.    To learn more about Lloyd Companies and their real estate services, you can visit LloydCompanies.com. Owners Craig and Pat Lloyd also received PFBA’s Lifetime Achievement Award in 2023. Read more about the Lloyd family’s story and how they’ve been involved with PFBA:  https://fambus.org/award/lloyd-companies/    After hearing about a family business operating with a board, are you wondering how you can take the next step in developing your own board for your family business? We can help! We offer a program called Board Bootcamp that helps business owners, next generation leaders, and current board members create high-performing boards, advisory teams, or fiduciary units. We also have like-minded individuals in the family business community who are looking to build, maintain, and improve their boards. We’d love to connect you! Read more:  https://fambus.org/board-bootcamp/    Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.   Thank you to this episode’s sponsor, VTH Works!  Thu, 18 Apr 2024 08:00:00 -0000 How Key Non-Family Leaders Impact Succession | Jake Quasney & Becky Word of Lloyd Companies full Prairie Family Business Association Jake Quasney and Becky Word of Lloyd Companies join Family Business Connection to discuss their roles as key non-family leaders in a family business. Jake is the Chief Operating Officer and Becky is the Chief of Staff of the Sioux Falls-based real estate company offering development, construction, property management, hospitality, and apartments. We hear their unique perspectives relating to how the Lloyd family’s plan for succession evolved over time, including how they incorpor... Jake Quasney and Becky Word of Lloyd Companies join Family Business Connection to discuss their roles as key non-family leaders in a family business. Jake is the Chief Operating Officer and Becky is the Chief of Staff of the Sioux Falls-based real estate company offering development, construction, property management, hospitality, and apartments.    We hear their unique perspectives relating to how the Lloyd family’s plan for succession evolved over time, including how they incorporated employee input about the future of the company. We also discuss how the Lloyd family first developed their advisory board before it became a fiduciary board and the transformation that process has had on several areas of the company.    To learn more about Lloyd Companies and their real estate services, you can visit LloydCompanies.com. Owners Craig and Pat Lloyd also received PFBA’s Lifetime Achievement Award in 2023. Read more about the Lloyd family’s story and how they’ve been involved with PFBA:  https://fambus.org/award/lloyd-companies/    After hearing about a family business operating with a board, are you wondering how you can take the next step in developing your own board for your family business? We can help! We offer a program called Board Bootcamp that helps business owners, next generation leaders, and current board members create high-performing boards, advisory teams, or fiduciary units. We also have like-minded individuals in the family business community who are looking to build, maintain, and improve their boards. We’d love to connect you! Read more:  https://fambus.org/board-bootcamp/    Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.   Thank you to this episode’s sponsor, VTH Works!  Jake Quasney and Becky Word of Lloyd Companies join Family Business Connection to discuss their roles as key non-family leaders in a family business. Jake is the Chief Operating Officer and Becky is the Chief of Staff of the Sioux Falls-based real estate company offering development, construction, property management, hospitality, and apartments. 

 

We hear their unique perspectives relating to how the Lloyd family’s plan for succession evolved over time, including how they incorporated employee input about the future of the company. We also discuss how the Lloyd family first developed their advisory board before it became a fiduciary board and the transformation that process has had on several areas of the company. 

 

To learn more about Lloyd Companies and their real estate services, you can visit LloydCompanies.com. Owners Craig and Pat Lloyd also received PFBA’s Lifetime Achievement Award in 2023. Read more about the Lloyd family’s story and how they’ve been involved with PFBA: 

https://fambus.org/award/lloyd-companies/ 

 

After hearing about a family business operating with a board, are you wondering how you can take the next step in developing your own board for your family business? We can help! We offer a program called Board Bootcamp that helps business owners, next generation leaders, and current board members create high-performing boards, advisory teams, or fiduciary units. We also have like-minded individuals in the family business community who are looking to build, maintain, and improve their boards. We’d love to connect you! Read more: 

https://fambus.org/board-bootcamp/ 

 

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

 

Thank you to this episode’s sponsor, VTH Works! 

]]> 1920 no Growing Into Leadership | Jenn Barlund & Kyle Bender of Falcon Plastics In our first ever episode, we welcome both Jenn Barlund and Kyle Bender to Family Business Connection. Jenn is the president and Kyle is an executive vice president of Falcon Plastics, a plastic injection molding company based in Brookings, South Dakota. As Gen3 of Falcon Plastics, you’ll hear Jenn and Kyle’s stories of growing up in the business and how they grew from paper shredders as kids to key leaders today. They discuss the mentorship strategies they used to prepare for their current leadership roles and the importance of communication in a Gen2 to Gen3 transition. Lastly, they Jenn and Kyle touch on what it’s like to work with your cousin and what excites them about the future of Falcon.   With Jenn having her baby recently, we recorded separate conversations with Jenn and Kyle to accommodate their schedules. First, you’ll hear Stephanie's conversation with Jenn followed by her conversation with Kyle.    We also have an article featuring Falcon Plastics’ experience with PFBA and the programs they’ve found valuable including Affinity Peer Groups: https://youtu.be/ZpkC6_ekduw   Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available at our website: https://fambus.org/resources/   Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.   Thank you to this episode’s sponsor, Schwan Financial Group! Thu, 18 Apr 2024 07:00:00 -0000 Growing Into Leadership | Jenn Barlund & Kyle Bender of Falcon Plastics full Prairie Family Business Association In our first ever episode, we welcome both Jenn Barlund and Kyle Bender to Family Business Connection. Jenn is the president and Kyle is an executive vice president of Falcon Plastics, a plastic injection molding company based in Brookings, South Dakota. As Gen3 of Falcon Plastics, you’ll hear Jenn and Kyle’s stories of growing up in the business and how they grew from paper shredders as kids to key leaders today. They discuss the mentorship strategies they used to prepare for their current l... In our first ever episode, we welcome both Jenn Barlund and Kyle Bender to Family Business Connection. Jenn is the president and Kyle is an executive vice president of Falcon Plastics, a plastic injection molding company based in Brookings, South Dakota. As Gen3 of Falcon Plastics, you’ll hear Jenn and Kyle’s stories of growing up in the business and how they grew from paper shredders as kids to key leaders today. They discuss the mentorship strategies they used to prepare for their current leadership roles and the importance of communication in a Gen2 to Gen3 transition. Lastly, they Jenn and Kyle touch on what it’s like to work with your cousin and what excites them about the future of Falcon.   With Jenn having her baby recently, we recorded separate conversations with Jenn and Kyle to accommodate their schedules. First, you’ll hear Stephanie's conversation with Jenn followed by her conversation with Kyle.    We also have an article featuring Falcon Plastics’ experience with PFBA and the programs they’ve found valuable including Affinity Peer Groups: https://youtu.be/ZpkC6_ekduw   Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available at our website: https://fambus.org/resources/   Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.   Thank you to this episode’s sponsor, Schwan Financial Group! In our first ever episode, we welcome both Jenn Barlund and Kyle Bender to Family Business Connection. Jenn is the president and Kyle is an executive vice president of Falcon Plastics, a plastic injection molding company based in Brookings, South Dakota. As Gen3 of Falcon Plastics, you’ll hear Jenn and Kyle’s stories of growing up in the business and how they grew from paper shredders as kids to key leaders today. They discuss the mentorship strategies they used to prepare for their current leadership roles and the importance of communication in a Gen2 to Gen3 transition. Lastly, they Jenn and Kyle touch on what it’s like to work with your cousin and what excites them about the future of Falcon.

 

With Jenn having her baby recently, we recorded separate conversations with Jenn and Kyle to accommodate their schedules. First, you’ll hear Stephanie's conversation with Jenn followed by her conversation with Kyle. 

 

We also have an article featuring Falcon Plastics’ experience with PFBA and the programs they’ve found valuable including Affinity Peer Groups: https://youtu.be/ZpkC6_ekduw

 

Want to learn what key areas your family business should focus on next? Take the Family Business Checkup! After answering several prompts, the Family Business Checkup will give you scores on the key indicators of family business success and point you in the right direction for what you should focus on next. The Checkup is free and available at our website: https://fambus.org/resources/

 

Family Business Connection will be 10 episodes featuring stories from all kinds of family business leaders that guide the family businesses to thrive for generations.

 

Thank you to this episode’s sponsor, Schwan Financial Group!

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