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  • Writer's pictureTravis Parry

Make Time Moment-Make Time for Family Business Meetings!

Updated: Nov 22, 2019

Family businesses are notorious for having less than effective communication patterns. However, if you want your family-owned business to be more productive and unite around common goals, consider holding a family business meeting to discuss it all!

I wanna give a quick tip in something that my father actually showed me, a really good thing to do with your family-owned business.

Listen, I know productivity, culture, issues inside and out of the business,

come from one thing, and that is communication.

Communication, communication, communication!

It's communication that typically is the culprit or the amazing tool to help your business be scalable, to grow, and then to transfer to the next generation.

So one way you can help with communication in your family owned business is to have a family business meeting.

Now my father and his plumbing company, they would get together every Monday morning, at 7 o'clock for their business meeting.

They would go over goals, they would talk about their schedules, they would look at the finances once in a while.

There are a lot of things that we can actually do in a one hour family business meeting that would cost us literally hours of this person talking to that person to coordinate some of these issues. Instead, if you can have a one hour family-owned business meeting where the owners can meet, it will change your culture, it'll help you be more productive, and it'll help you in the long run to grow scale and pass this business on to the next generation,

If you are interested in knowing more about how I can help your family-owned business be more productive, check out my consulting page.

Live Life on Purpose,

Dr. Parry

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