Episode 15: Leading the Legacy: Ensuring a Seamless Succession Process to Optimize Growth with Jonathan Goldhill
“A successor is a next-generation leader in a family business that is succeeding the founder or the prior generation, and it’s disruptive because if they're going to take the business to scale higher, they're going to have to disrupt the way things are.” —Jonathan Goldhill
Transitioning a family business from one generation to the next can be one of the most challenging yet important undertakings for any entrepreneurial family. Upholding a legacy while innovating for the future requires visionary leadership, well-planned succession, and a willingness to disrupt the status quo in a way that honors past successes but focuses on future growth.
This week’s episode offers growth strategies around leadership transitions while still maintaining the heart of what made the business thrive for generations prior with Disruptive Successor’s Jonathan Goldhill.
Jonathan is a business coach and personal growth strategist coming from an entrepreneurial family background and has been coaching and consulting small businesses for over 30 years to help them transition and scale from one generation to the next.
Join the conversation as Jonathan shares his experience growing up in an entrepreneurial family, his work helping multigenerational businesses transition leadership, the definition of a "disruptive successor", and how to scale your business through disruptive changes. Scott and Jonathan also discuss the importance of vision, delegation, and focus for business growth, as well as finding balance as a remote entrepreneur through lifestyle practices.
Connect with Jonathan:
Jonathan Goldhill is a masterful business coach and personal growth strategist who specializes in guiding next-generation entrepreneurs and leaders in family businesses who want to disrupt the status quo as they scale the business.
Jonathan left New York for California at age 20 after his family’s large, privately-held men’s apparel manufacturing company—started by his great-grandfather—sold to a conglomerate in its third generation of family ownership. Within ten years, Jonathan had established himself as the go-to expert for entrepreneurs looking to find their version of freedom. Today, Jonathan brings thirty years of experience to his work coaching, consulting, training, financing, and guiding entrepreneurial and family businesses.
Episode Highlights:
00:45 Disruptive Succession in Family Business
05:44 Scaling Business, Family Dynamics, and Leadership
13:49 The Link Between Personal Development and Business Growth
17:48 What is Business Coaching?
21:48 Practice Delegation
24:15 Build Your Business to Suit Your Lifestyle
Resources:
Books
🎙️Disruptive Successor: A Guide for Driving Growth in Your Family Business by Jonathan Goldhill
🎙️The E-myth book series by Michael Gerber
🎙️Traction: Get a Grip on Your Business by Gino Wickman
🎙️How to Be a Great Boss by Gino Wickman and René Boer
Take your family business to the next level! Join @reiblaw and @Coach2CEOS’ Jonathan Goldhill as they share insights on navigating generational transitions. #Podcast #NewPodcast #TheShatterproofEntrepreneur #disruptivesuccession #successionplanning #organizationalchange #familybusiness #leadership #businessgrowth
Quotes:
03:49 “A successor is a next-generation leader in a family business that is succeeding the founder or the prior generation, and it’s disruptive because if they're going to take the business to scale higher, they're going to have to disrupt the way things are.” —Jonathan Goldhill
10:06 “You want to try to make it a soft exit if you can, but the most important thing is that you got to make sure that the business keeps moving in the direction of your vision.” —Scott Reib
13:51 “We're so busy being busy with our businesses that we forget to live. But one of the great things about the entrepreneurial journey is that we get to design our business in life the way we want it to be. ” —Scott Reib
20:28 “Coaching is about getting someone from here to there. But first, it's about understanding what they want.” —Jonathan Goldhill
20:51 “When you're coaching someone's business, you're coaching them personally as well.” —Jonathan Goldhill
WATCH IT LIVE!
Thank you for tuning into our latest podcast episode!
If you're ready to take your business to the next level or need expert legal advice, we're here to help. Click the links below to get started:
Contact Us Today: reiblaw.com/contact - Let's discuss how we can support your business goals.
Learn More About Access: reiblaw.com/access - Find out how which level of access is right for your business. So, you can have the resources and tools designed to grow and protect your business on demand.
Get Your Shatterproof Score: reiblaw.co/shatterproof-score - Discover how resilient your business is and learn ways to make it unbreakable.
Don't miss out on the opportunity to transform your business. Reach out now and let's make your business shatterproof together!