Family Business vs. Business Family | Team Meetings, Debates + the Power of Bowling Balls

Family Business vs. Business Family

I recently got back from Los Angeles - where I spent time with a client with a very successful family business - and I’ve been thinking about the distinction between a family business and a business family.

One of the reasons we love working with founder-led companies and family businesses is because they treat people, in the business, like family. And it can get a little crazy sometimes!

All families have issues, but high-functioning business families know how to work through issues in a way that enhances alignment – to each other and the business.

That’s why, every time we get together on a call or in a meeting, we spend the time to work out the bugs, and reconnect and realign the team.

And it’s always amazing to feel like part of their business family.

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Team Meetings, Debates, and the Power of Bowling Balls

Teams – like families – can start to fragment when everyone is so busy running in their own directions.

That’s why spending time to reconnect is so important. Kind of like family get togethers. Friday or Sunday dinners bring families together to chit chat, and vacations give you deeper, shared experiences. Special occasions that bring extended families together – like birthdays and Thanksgiving – allow time to get together, time to reconnect, to debate and talk about what’s important, to work out issues and love each other again.

Proper meeting rhythms in a company should operate the same way.

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