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Boundaries in Family Business

In this episode Todd and Dan welcome Melissa Mitchell-Blitch, author of In the Company of Family, to discuss the unique challenges of family businesses. Melissa defines boundaries as what differentiates one thing from another and explains why conflict often brings families to seek help. The conversation covers succession planning (merit vs. seniority), how to foster objectivity with assessments like Leadership Circle Profile and other tools, the role of motivation, entitlement and guilt (true vs. false), and how to include family members who aren’t part of daily operations. Practical steps include clarifying mission, vision and values, creating forums for voice without vote, starting succession planning years in advance, and inviting outside wise counsel. The episode closes with a prayer for wisdom and courage for families facing these conversations.