Depending upon whether you want to sell the business, transition leadership/ownership to a family successor, or outside management - the following steps will set you up for success. The sooner you begin this process, the sooner you protect your life's work and be able to begin climbing other mountains. Decide what event(s) will trigger [...]
There are hundreds of self-help time management books professing best practices for "getting stuff done." But, the key to remember in finding your productive flow is a best practice is only a best practice if it works for you. Listen to four different perspectives and approaches to time ownership and [...]
Growth in revenues, depth of bench strength, knowledge, expertise, locations, brands, and profits are all signs of life. If the organization is not growing in some way, competition will better you. As a leader, it is essential to understand succession strategies as it pertains to growth so you can reach your desired objective. Owners [...]
Time is one of the highest currencies we have, and how we choose to spend it can be the difference between feeling caught up in the rat race or joy and realization of personal and business vision. Listen as we share strategies for taking ownership of how you choose to [...]
Thirty-five years ago, Roland Spongberg started a restaurant company with one El Pollo Loco in Long Beach, CA. Today, WKS Restaurant Company employs 12,000 employees across 375 restaurants in 19 states operating Denny’s, El Pollo Loco, Krispy Kreme, and Wendy’s. From a pure family perspective, with six children, Roland initially [...]
We are all dealing with something, whether it be a small inconvenience that throws the day off or losing someone you love. Whatever we are mentally and emotionally juggling influences communication and interactions with loved ones, friends, and work settings. The ability to recognize what may be influencing our behaviors [...]
Fulfilling expectations of family, friends, work, and finding time for self is a delicate balance. The more that is on your plate, the more at stake when life throws you a curveball. Listen in to hear “Your Tribe’s” discussion about feeling out of control, finding flow, and finding creating clarity [...]
Roland Spongberg became interested in succession planning after a car dealer friend shared difficulties he was experiencing with his siblings. With no desire to cash out, and a father of six kids, with some working in the business and some not, Roland began thinking about the future and opportunities he [...]
Our best one day may be different from another. Waking up on the wrong side of the bed, dreary weather or processing grief in some way impacts how we show up for ourselves and others. We all come short of our goals sometimes. Disappointment and feeling unmotivated as a result [...]
Developing strategies for growth are essential to succession, especially in Century Automotive Group’s case, where four kids are interested in the business within the third generation. As Tracy shares in our discussion, the succession process created a forum to determine: Strategic Plan for the next five years Organizational structure and [...]
