Keeping it in the Family: Recent Episodes
Keeping it in the family
Why do 70% of family businesses not make it to the 2nd generation?
Join Kirsten Taylor-Martin and her daughter Angelina Martin to learn how we can kick these statistics out of the park! And support incredible family businesses along the way.
Our podcast is produced by Zane Martin. So we remain true to our brand and "Keep it in the family!"
For more than 100 days Sydney has been in lockdown. Many businesses have stayed alive through Government stimulus or pivoted to keep their doors open and staff employed. On October 11th, these businesses can finally reopen and hit restart. The next 100 days will define many businesses. Will Sydney family businesses get it right?
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
This episode is 10 Questions with Yep Lum & Co. A fabulous family business celebrating 80 years in business and 3rd generation. A very honest story of the generations and the challenges as more family members are involved each generation.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is studying stage make up at Tafe. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources; https://www.facebook.com/GourmetPotatoes/
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
This episode is 10 Questions with Rodan + Fields. A mother – daughter duo who decided to have some girly time whilst studying a business at the same time. Such a beautiful story of a daughter who looked up to her Mum and wanted to learn from her at a very young age.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is studying stage make up at Tafe. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources; https://www.facebook.com/jaclyn.bold
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
This episode is 10 Questions with Today List. The founder Natalie Jane is a business and life coach and she found all of her clients had one thing in common, they found it hard to prioritise. So she started on her journey to change our vernacular from To Do List to Today list. Once you listen to her story, you will be converted!
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is studying stage make up at Tafe. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources: https://www.todaylist.biz/
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
This episode is 10 Questions with Stagekings. A family business hit heavily by COVID, they laid off their team on Friday and then they had an idea…. An honest letter posted on Facebook to their customers went viral and Isoking was created. An incredible story of resilience in a family business.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is a student studying a Diploma of Stage make up. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources: https://www.stagekings.com.au/
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
This episode is 10 Questions with Little Fins Swim School. James discusses how 2 families went into business together to open Little Fins Swim School. They all continued on with their careers and employed Scott to manage the business. Listen to how these families pride themselves on good communication to ensure their values and vision is always aligned.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is a student studying her HSC. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin. Thank you to the Leader for their support of Australian Family Businesses. Resources: http://www.littlefinsswimming.com/ Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
This episode is 10 Questions with Kemp Recruitment. Janelle and Michael Kemp share how they have grown their business and the plans for the future as they eye positions on the board and a quieter life.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is a student studying her HSC. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin. Thank you to the Leader for their support of Australian Family Businesses. Resources: https://www.kemprecruitment.com.au/ Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
This episode is 10 Questions with Alpha & Omega Air Conditioning services. A family business much to the relief of their supplier is transitioning from 1st to 2nd generation. Both Glenn and Nigel have mutual respect for one another but they are also honest as they discuss the challenges in actioning a succession plan. This is a great family business story.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is a student studying her HSC. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin. Thank you to the Leader for their support of Australian Family Businesses.
Resources: Alpha & Omega Air Conditioning Sutherland Shire https://alphaomegaair.com.au/ sales@alphaomegaair.com.au 1300 156 466 3/74-76 Oak Rd, Kirrawee NSW 2232
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
Our 5th episode is 10 Questions with Sophie B Brown photography. This episode is an absolute celebration of Sophie and her current project Sutherland Shire Open 4 Business. I interviewed Sophie at the Woronora Boat Shed, a café that was impacted by COVID but Sophie photographed the café as part of her Sutherland Shire Open 4 Business and the café is absolutely thriving. You can hear in the background the success of the café. And this is just one of the successes of Sophie B Brown Photography.
Having grown up in her parents family business, Sophie learnt business lessons from a very young age. And winner of the Sutherland Shire Business Award 2 years running, she learnt great lessons growing up in a family business.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources: @sutherlandshireopen4business https://www.sophieb.com.au
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
This episode is 10 Questions with Solari & Stock Lawyers. Michael Solari and Riccarda Stock have such strong family values, they have understanding and care for their clients and treat them as they would treat their own family.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who just completed her HSC. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin. Thank you to the Leader for their support of Australian Family Businesses. Resources: https://solariandstock.com.au/ https://specialpubs.austcommunitymedia.com.au/fcn/lsu/3dissue/
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
Our 4th episode is 10 Questions with Bold Trailer and Caravan Repair Centre. Jaclyn Bold tells her family business story. Jaclyn and her husband Christian are first generation business owners who have put a lot of thought into what they want the future to look like. They have just officially employed their son as a Saturday junior. This is a great story about what you need to consider as you bring in the next generation. About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection. I am joined by my daughter Angelina Martin who is a student studying her HSC. Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist. Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin. Resources: http://boldtcrc.com.au/ Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
Today we discuss that amazing experience you receive as a customer of a family business but is every experience a good experience??
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and their are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website http://www.kirstentaylormartin.com/
Our 3rd episode is 10 Questions with Just Audrey. Audrey is passionate about ensuring women look feminine and find clothes that make them feel special. This is a podcast that will leave you empowered.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources: https://justaudrey.com.au/
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
Our 2nd episode is 10 Questions with The Daisie Chain. Emma Watts and her love for music is bringing joy to aged care and disability facilities. This is a family business story you don't want to miss.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources: https://www.thedaisiechain.com/
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
Our first episode is 10 Questions with Smashcake. A chocolate piniata cake made for destruction. Have you ever held a dream, a passion, something you would love to pursue? This is the podcast for you. Hear about how an 8 year old girl with a love for all things chocolate turned her passion into a family business. How her sons and their musical flair support her with fabulous tictok creations. And the 2020 pivot that lead to Smashpagne.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and there are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources: https://www.smashcake.com.au/ https://www.smashcake.com.au//smashpagne
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
10 Questions with.... is a podcast that interviews our amazing Australian Family businesses. We ask the same 10 questions to each business. We have tears, we have laughs and we hear some amazing stories. Come on listeners, lets get behind our incredible family businesses!
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and their are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website https://www.keepingitinthefamilypodcast.com Email: kirsten@keepingitinthefamilypodcast.com
Episode 11 : Leadership in business vs sport This podcast debates why leadership style in elite sport differs to leadership in business. The topic was inspired by The Last Dance and we discuss Michael Jordan, Phil Jackson and Richard Branson. What style of leader are you?
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and their are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website http://www.kirstentaylormartin.com/
Mini podcast 7 : M – Managing Communication This mini podcast discusses the 7th hurdle to successfully passing the baton to the next generation. We are discussing M – Managing Communication in our FREEDOM model. This hurdle is relevant to both the incumbent generation and the next generation. Lack of communication can lead to many of the issues in family business as when people aren’t told, they assume!
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and their are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website http://www.kirstentaylormartin.com/
Ep 9: Friends in Business Do you and your best friend have a great idea? Who better to go into business with than your best friend? Should you mix friendship and business? Why is a family business podcast discussing friends in business? This episode we are mixing it up and instead of family business we are discussing friends in business. The similarities are extraordinary and both friends often have their family in their corner supporting them. This offers huge benefits but without proper advice, the pitfalls can also be very similar to family business. At the end of the day, you want to remain friends. So the structure and policies become crucial. About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and their are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Resources: http://www.kirstentaylormartin.com/articles/friends-in-business/
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website http://www.kirstentaylormartin.com/
Mini podcast 6 : O – Objectives Alignment This mini podcast discusses the 6th hurdle to successfully passing the baton to the next generation. We are discussing O – Objectives alignment in our FREEDOM model. This hurdle is relevant to both the incumbent generation and the next generation. If all generations are not aligned in the business objectives, it is very hard for the business to be successful.
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and their are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Thank you to Pip Rae at ShirePOD for her support. And to Sutherland Shire Podcast station for hosting our podcast.
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website http://www.kirstentaylormartin.com/
Mini podcast 5 : D – Disaster and Unplanned Events This mini podcast discusses the 5th hurdle to successfully passing the baton to the next generation. We are discussing D – Disasters and Unplanned Events in our FREEDOM model. This hurdle is relevant to both the incumbent generation and the next generation. Many family businesses have had media training and are ready if there is a natural disaster or an injury on site but what they don’t plan for is, what if something happens to the owner?
About me My name is Kirsten Taylor-Martin and I am an accredited family business advisor with Family Business Australia and Family Firm Institute. I specialise in assisting family businesses with inter generational change, governance structures and tax structuring and asset protection.
I am joined by my daughter Angelina Martin who is a student studying her HSC.
Often family businesses feel they are the only ones with troubles. Our podcast plans to showcase, you are not on your own and their are family business advisors available to assist.
Staying true to our business, we have kept it in the family with the presenter being a mother-daughter team and our producer is my son Zane Martin.
Contact: Facebook: @keeping it in the family Instagram : @keeping_itinthefamily Linked In: https://www.linkedin.com/company/42693605 Website http://www.kirstentaylormartin.com/
Mini podcast 4 - E - Education and Support. Is your next generation ready to take over the family business? This is the 4th hurdle they are faced with. When you allow sufficient time for the succession plan, it ensures you can help the next generation gain further education but the biggest hurdle is often mentoring. The baby boomer generation are often uncomfortable with the concept and feel they never received t so it isn't needed. And this is where the risk can lie!
Mini podcast 3 discusses the 3rd hurdle in succession planning E - Electing a Successor. Has your family discussed who the baton will be passed to? Do they want the top job? Learn more about how this hurdle can unravel a successful succession plan.
A mini podcast series where we discuss the 7 hurdles that can prevent a successful family business succession plan. The 2nd hurdle R. Refocus of Life plan is probably the highest hurdle of them all. What do you plan to do when you step away from the business?
A mini podcast series where we discuss the 7 hurdles that can prevent a successful family business succession plan. The first hurdle is F - Financial Security. Do the incumbent generation have sufficient wealth outside of the business to allow them to pass the baton to the next generation?
We have uncovered 7 hurdles that lead to family business succession plans failing. We discuss what needs to be done to ensure when you pass the baton to the next generation, they lead the family business for future growth. Today we discuss the first hurdle F - Financial Security.
Getting your Business back on track - where family businesses should focus their effort when ramping back up. COVID has introduced many challenges but as businesses are re-opening their doors and trying to win new customers, where do they stand out? Where should they focus their energies. The current climate is creating very loyal customers, this is definitely providing family businesses an edge. Listen to hear the 3 areas family businesses should spend their time.
Did you know only 12% of family businesses successfully make it to the 3rd generation? 1.4million family businesses in Australia, they make up 75% of our Australian economy and only 12% will make it to the 3rd generation. It's time to understand why and kick these statistics out of the park!
A family Charter, also known as a family rule book. Is it just more rules for the next generation? What is the benefit? Is it a legal document? Is it just a book? A Family Charter is about the process not the end document. Learn more how a Family Charter can help your family business.
Inspired by the HBO series succession, Kirsten and Angelina discuss the Grant Thornton FREEDOM approach to succession planning. And had a bit of fun applying the model to the Roy Family. Will they be able to resolve all the Roy family issues?
This is our favourite podcast to date. We discuss the resilience factors that sets family businesses apart. To make today's podcast a little different we discuss the journey of our local cafe which is a family business. Mr Paisley's cafe has showcased all the resilience factors along the way. We are sure the listener will feel just as energised as we felt recording it. Enjoy!
What do you need to consider when starting a family business? You have limited funds available and a great idea, what should your priorities be? This episode provides the tips on the best place to start when starting a family business.