Family IN Business

5. Creating Strategic Entrepreneurial Goals Within A Family Business: Kalpana Waikar of Inspired Indian Cooking

Esther Choy — Sat, 11 Feb 2023 16:00:00 +0000

Who starts a new family business with a mortgage and kids in college? Entrepreneur Kalpana Waikar of Inspired Indian Cooking, with the support of her husband Sachin Waikar. Listen to the Waikar’s story of familial support systems, pursuing passions, and making strategic goals that fit their expectations of life outside of work.

4. Is This A Story Of A Family Enterprise Failure or The Rebirth Of An Entrepreneur: Ariel Bacal of BLANX

Esther Choy — Sat, 11 Feb 2023 16:00:00 +0000

As the third-generation family business leader, Ariel Bacal faced overwhelming obstacles in his footwear manufacturing and retail business in Colombia and Venezuela: an onslaught of cheaper products, a plunge in currency exchange, and ever mounting pressures from the fashion footwear industry. After countless pivots and desperate measures, it became clear that the only option left was to close the family business.

3. Discovering Your Entrepreneurial Niche Within A Family Enterprise: Zack Richner of Arrandale Ventures

Esther Choy — Sat, 11 Feb 2023 16:00:00 +0000

Zack Richner is ambitious, daring, and thoughtful, just like his grandparents who founded Richner Communications and his father who currently leads the family business. Within the story of family entrepreneurship, Zack Richner leverages his family’s assets to create Arrandale Ventures, an innovative startup that creates a new business model for traditional local media.

2. Leading Entrepreneurial Ventures Within A Family Business: Ian Rosen of Harry Rosen Inc.

Esther Choy — Sat, 11 Feb 2023 16:00:00 +0000

When Ian Rosen decided to return to the family business in 2018, Harry Rosen Inc., Canada’s leading luxury men's clothing retailer, was only doing 2-4 percent of their business online. In the months before COVID-19 hit, Rosen and his team were creating a thoughtful plan on how to stay relevant in the e-commerce space. When stay-at-home orders shuttered all of Harry Rosen’s retail stores, the launch of their digital platform became trial-by-fire.

1. The Entrepreneurial Journey of Writing Your Own Glory In A Family Enterprise: Kartik Wahi of Claro Energy

Esther Choy — Sat, 11 Feb 2023 16:00:00 +0000

Though Kartik Wahi’s father started a successful OEM business, Wahi wasn’t ready to work for the family business. In this episode, Wahi takes us on his entrepreneurial journey from his days at Kellogg School of Management to discovering the opportunities in solar and the founding and growth of the social enterprise Claro Energy.

7. Leading Through Purpose: Aligning Stakeholders Around Sustainability with Anderson Tanoto

Esther Choy — Mon, 21 Nov 2022 22:04:00 +0000

Anderson Tanoto saw the potential for his family business, Royal Golden Eagle (RGE), to become a leader in sustainability. Through his journey in transitioning the company into more sustainable practices, Tanoto learned that failure, perseverance, and equity are key ingredients to creating meaningful change.

S2 E6: A Hard Reset on Purpose for Family Business: Adam Farver of Pella Corporation

Esther Choy — Fri, 15 Oct 2021 05:51:00 +0000

It was a routine activity that led to a life-threatening accident, a coma, and multiple cranial surgeries. Adam Farver, Chairman of the Board and fourth generation of his family enterprise, Pella Corporation, found himself eavesdropping on doctors who doubted his full recovery. Faced with frightening questions about his future, Adam took stock of his life before the accident, consulting his late great-grandfather and grandmother’s wisdom: what would he do now?

Listen as Adam tells the story of his realizations, recovery, and resetting his purpose. We are also joined by experts Dave Whorton and Jennifer Pendergast discussing how family enterprises can—and should—intentionally find their purpose to steel themselves from crisis.

S2 E5: Embracing a Purpose You Never Thought Possible: Stephanie Jackson and Kimberly Paxton-Hagner of Kwik Lok

Esther Choy — Fri, 15 Oct 2021 05:46:00 +0000

Along with their younger sister Melissa Steiner, Stephanie Jackson and Kimberly Paxton-Hagner are co-owners of their multigenerational family enterprise, Kwik Lok. If you’ve ever bought bread, tortillas, or apples in a bag, you’ve already used their product! Their grandfather, Floyd Paxton, invented the plastic closure tab that keeps food fresh and tracks the supply of many of our favorite foods.

The sisters’ road to family enterprise leadership started as a total surprise: their grandfather and father never intended for women in their family to take over the business. But their father’s sudden passing left a leadership gap, and the Paxton sisters had to ask themselves: What do we do? How will we do it? And why should we do it?

Listen as our guests discuss their trepidation and inspiration finding their purpose within their family enterprise, in roles they never thought they’d take on. We are also joined by experts Rob Lachenauer and Jennifer Pendergast, who offer thoughts on organizational change, defining purpose, and winning employee buy-in.

S2 E4: Walking the Walk of Your Purpose: Kent Johnson of Highlights for Children

Esther Choy — Fri, 15 Oct 2021 05:42:00 +0000

As the brainchild of Kent Johnson’s great-grandparents, Highlights for Children has been an explicitly purpose-driven company from its inception. A passion for serving, honoring, developing, and educating children informs every decision made in this family business. Purpose is so ingrained at Highlights for Children that the in-house newsletter is called “The Purpose,” and the company even has a Chief Purpose Officer!

But when building up the importance of purpose, how do leaders make sure they and their organization actually walk the walk? How does a commitment to living your values impact your choices at difficult crossroads? Listen as Kent describes steps he and his family enterprise have taken to ensure they serve their purpose in meaningful ways, even in the face of controversy. Experts Brooke Vuckovic and Jennifer Pendergast add insights on what it means to lead well in sticky situations.

S2 E3: Improvising Your Way to Purpose: Enrico Leta of Vitalatte and Yorgus Laticínios

Esther Choy — Wed, 13 Oct 2021 07:52:00 +0000

Enrico Leta expected to continue to lead and work in his family enterprise, a highly successful regional chain of high end supermarkets started by his Italian immigrant grandfather. But he did not expect that the second generation—Enrico’s father, aunts, and uncles—would decide the best future for their family business rested on leaving the third generation to find their own ventures. Dazed and untethered, Enrico set off to find a new career path and purpose. His story inadvertently illustrates for us what guest expert Dave Evans refers to as “designing your life” with curiosity, community, experimentation, and storytelling.

Join us to learn how Enrico navigated a season of uncertainty and how he found success with his “best doable option.” In addition to Dave Evans, we are also joined by guest expert Jennifer Pendergast, who discusses trans-generational entrepreneurship and the “entrepreneur gene.”

S2 E2: Creating a Thoughtful Legacy for Family Business: Meghan Juday of IDEAL INDUSTRIES

Esther Choy — Wed, 13 Oct 2021 07:15:00 +0000

Meghan Juday is among the fourth generation of leaders in her family enterprise, IDEAL INDUSTRIES, an electrical and electronic manufacturing company. Currently the Chairman of the Board, she has faced challenges on a wide spectrum from the isolation of being a lone female Chairman to mitigating the shortage of trades professionals. She has proactively tackled these problems and more while contemplating the legacy of her leadership and of her family enterprise.

Listen as Meghan discusses stewardship, “emotional returns,” and the negative aspects of legacy. Guest experts Jennifer Pendergast and Dave Whorton also lend their takes on sustainability, purpose, and the long view.

S2 E1: The Messy Business of Family and Why It’s Full of Purpose: Chris Herschend of Herschend Family Entertainment

Esther Choy — Wed, 13 Oct 2021 07:10:00 +0000

Herschend Family Entertainment has a trademark: “Creating Memories Worth Repeating.” As the largest family-owned themed-entertainment company in the United States, you might think running the business is all fun and games. But as Chris Herschend explains, working cooperatively and productively with family can be difficult.

Is it worth it? Absolutely. Chris, his siblings, and his cousins have been able to define a shared family purpose: to live, love, and serve together. Listen as he shares his lessons learned—and points to what we are “wired to do.” We are also joined by expert Jennifer Pendergast with thoughts on the relationship between individual freedom and shared purpose.

S1 E7: John Ward: “The Most Curious Person I’ve Ever Met”

Esther Choy — Mon, 11 Jan 2021 02:04:00 +0000

Leaders from five different industries share how Professor Emeritus John Ward influenced them and their family enterprises during their time at Kellogg and beyond. These five different impacts provide lessons that all family business leaders can leverage.

S1 E6: Andreas Kuster: An Entrepreneur In Search Of A Family Business

Esther Choy — Thu, 22 Oct 2020 06:58:00 +0000

Which is better, securing financial stability or building something in the world? For those with the entrepreneurial gene, the answer is always ‘building something.’ Good thing Andreas Kuster inherited this gene when he needed to revitalize Europe’s oldest cookie manufacturing company, Jakob's Basler Leckerly.

S1 E5: Anne Eiting Klamar: Being ME As A Family Business Leader

Esther Choy — Thu, 17 Sep 2020 03:29:00 +0000

Anne Eiting Klamar had not been groomed to succeed her father in the family business. In fact, she embarked on an entirely different career. But when it turned out she needed to run the family business, she stepped into her father’s shoes. And she quickly found out they didn’t fit her.

S1 E4: John Nelson: Family Business Or Family IN Business? That Is the Question.

Esther Choy — Mon, 14 Sep 2020 06:19:00 +0000

Through SEED Beauty, the Nelson family has disrupted both the traditional cosmetics company model and the notion of what it means to be a family in business.

S1 E3: Todd Schurz: We’re All In This Together… Whatever ‘This’ Is

Esther Choy — Thu, 13 Aug 2020 11:55:00 +0000

It’s extremely rare for a fifth-generation family business to still be in the same industry they started out in. So, how did an 88-year-old family business Schurz Communications leave the traditional communications industry without leaving any of their family members behind?

They have to pivot, but as they did so, how did they make sure none of the family members get left behind? Todd Schurz of Schurz Communications describes his family’s successful transition to a new industry.

S1 E2: Adam Farver: For Longtime Family Businesses Like Pella Corporation, These Are Not ‘Unprecedented Times'

Esther Choy — Mon, 20 Jul 2020 02:24:00 +0000

No matter how often we hear the phrase “unprecedented times” in reference to the coronavirus, fourth-generation family business Pella Corporation knows that they have seen times like these before. Chairman Adam Farver has dozens of examples of difficult situations and market downturns. Family businesses will lead the way through this not-unprecedented crisis.

S1 E1: Robert Pasin: Rethinking Radio Flyer’s Little Red Wagon Without Reinventing the Wheel

Esther Choy — Thu, 04 Jun 2020 01:16:00 +0000

Reviewers described Radio Flyer as “Americana on four wheels,” but just because it was beloved didn’t mean it would last forever.

Soon after joining his multi-generational family owned business, Robert Pasin learned the company was in trouble. Though the company hadn’t changed, consumer preferences had. How could they gain a competitive advantage without losing everything that made Radio Flyer an iconic part of Americans’ childhood memories?

Introducing: Family IN Business

Esther Choy — Thu, 04 Jun 2020 01:09:00 +0000

Coming June 14 2020 from Kellogg's Center for Family Enterprises and Esther Choy at Leadership Story Lab, Family IN Business features stories of leaders, their families, and the family enterprises they transformed.

Storytelling is a great way to learn and be inspired. The stories you will hear from Family IN Business are the ones you can relate to, they might be battles you’re already fighting. These stories contain practical wisdom so that you don’t have to learn everything alone or the hard way.