- .00 Jolene Brown – “And that is the fact that a conversation is not a contract. And I always tell the people in family business; do you realize that people in family business lie? They do, they lie. They say “work hard and someday this will all be yours.” Or, “I’m going to retire.” And then there is the dreaded: “Oh, you don’t have to worry about your brothers and sisters; they’ve got their jobs; they’re not interested in the business.” With family more, not less, needs to be in writing. And if it is not in writing, it does not exist.”
- .40 Welcome, we discuss all things in your business to help you survive, thrive, have more fun, and become successful faster. We are here to give you the insights you need.
- Advice from others outside your business can make a significant difference
- Here at The Oval Table, we believe every voice matters and we want to model how that works. Often the advice that makes the difference comes from where you least expect it.
- 1:25 Host Introductions
- 1:35 Show Content Outline
- 2:28 Businesses in Transition – A Primer
- Owners of a business have multiple choices
- How a buyer looks at a business
- Buyers have different goals than a seller
- Preparing a business for sale
- How to get a high sales price
- 9:40 The We Are Alpha Dogs Resource
- 10:15 Interview – Jolene Brown – Businesses in Transition
- What it is like to be a real farmer
- Issues of a family business in transition
- The Four Foundations and related choices
- A business first family vs. a family first business – the real choice to make
- My toolbox – a mirror, tissues, duct tape and a 2 X 4
- The value of an Advisory Council
- The main question I always ask, is there enough goodwill in the family to work with?
- 36:13 Oval Table for Top Dogs
- 36:41 Post Interview Discussion – Jolene Brown
- Know which you are, a business first family or a family first business
- Farm operators are one thing, landowners are another
- The identity of being a farmer is a key difference to understand
- 39:57 Discussion of a Current Situation
- Container ships vs. the Invasion of Normandy
- A multi-faceted problem
- g Captain says, “Call in the Marines,” somebody has to solve the problem
- 46:05 Show Credits
- 46:31 We Hope you have a productive and inspirational week!
HOW TO REACH OUR GUEST
www.JoleneBrown.com
ADDITIONAL RESOURCES TO HELP YOU BUILD YOUR BUSINESS
If you want to build your business one of the best ways is to empower your people and yourself to think differently. We recommend you look at these resources:
We Are Alpha Dogs – How Seven Dogs Become Business Legends
The book is available on Amazon and directly from us. Also available in bulk.
Also available on Audible
Take the profile quiz and understand yourself more
WWW.WeAreAlphaDogs.com/Quiz
Our purpose is to help the closely held, not always small, business do well. We will all do better if we group together and make our voices heard. That is what we are about. You can help all of us by telling others about our site and encouraging them to listen weekly. It is easy, just send them this link: www.TheOvalTable.com
If you have a question about your business,
Want to hear our thoughts on something,
Need a speaker for your event,
Want us to cover a topic of interest to you,
The process is simple. Just contact us at
www.TheOvalTable.com