A coach who works with family businesses explains why they face fundamentally different challenges than VC-backed startups chasing hockey-stick growth. He specializes in the dynamics of father-son, parent-child, and multi-child relationships within companies, after pausing his practice in 2020 to focus on his ideal client.
In terms of the format or delivery, i.e., it was group coaching and then it was one-on-one coaching and then it was running CEO peer groups and then it was back to one-on-one. And then I was working with teams at companies. And then, and so what happened for me in 2020 was I sat down to really think about who was my ideal client, Marc. And I said, you know, family businesses have been my clients. And as a matter of fact, I have a lot of father-sons that I've worked with and sometimes parents and sometimes multiple kids. And I thought these businesses have some unique challenges that are different from just companies that are trying to scale up. Well, one, they're not trying to scale like, you know, VC-backed companies with a hockey stick-like projection, right? Right.
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