Leverage for Growth Podcast

Episode 141: The Family-Business Balance

Episode Date:Aug 18, 2023

Jesse P. Gilmore finds parallel lessons between family and business – nurturing growth, patience, resilience and passion. Maintain core values like adaptability and reignite passion to overcome challenges.

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Show Notes

Episode Transcript

You are now listening to Leverage for Growth. Hey everybody, this is Jesse P. Gilmore, founder of Niche in Control and creator of Leverage for Growth. Welcome to the Daily Leverage Edition. Today’s topic is this, the family business balance, understanding the parallel lessons. Sit back, relax, and welcome to today’s Daily Leverage. Every entrepreneur knows the constant juggling act between managing a business and taking care of family. The sleepless nights, the never-ending list of responsibilities, the need to be present in both realms. But as we dive deeper into this act, we start to see parallel lessons that both domains teach us. In families, we nurture our children, providing them with love and education and a safe environment to thrive. Similarly, in business, nurturing our team, understanding their needs and creating a cohesive and conductive atmosphere for growth, is crucial. Just as our children make mistakes and learn, so do our teams. Our role is to guide, mentor, and foster a culture of continuous learning. Ask any parent about patience, and they’ll have a story to tell. Raising children requires vast reserves of patience. In business, this translates to understanding that success does not happen overnight. It’s about celebrating the small wins. learning from failures, and always looking forward. Families face challenges, from health issues to financial ups and downs. Our ability to adapt, to change our plans, to focus on new solutions is constantly tested. The same resilience and adaptability drive businesses to pivot, innovate, and overcome market challenges. At the heart of a happy family is love. It’s the glue that holds everything together. through thick and thin. Similarly for business, passion is the driving force. It’s what keeps entrepreneurs going through the tough times and it’s what inspires teams to give their best. Now let’s translate this into our daily leverage. So where in your world, whether in your life or business, have you been sidelining the importance of patience, adaptability or passion? Isn’t your agency’s approach to challenges Is it with the patience of your teams, growth, and learning? Is it in maintaining adaptability when faced with unexpected business hurdles? Or perhaps it’s reigniting that initial passion that drove you to start the agency in the first place. And once you’ve located where you’ve been neglecting these core values, my question to you is this, what are you willing and able to do about it today? That is the end of the Daily Leverage. This is Jesse P. Gilmore. You’ve been listening to Leverage for Growth podcast. If you’re enjoying these daily leverage and agency leverage episodes, make sure to subscribe on Apple or Spotify now.