Have you ever wondered how multi-generational companies maintain success across decades? On this episode, Adam Hill shares the strategies that have kept his family's century-old enterprise thriving.

Tune in to learn how implementing systems, clearly defining roles, and fostering transparent communication can help overcome fear-based decisions while paving the way for sustainable growth well into the future. Practical tips include separating daily operations from strategic planning and uniting relatives behind a vision through open forums.

Leave your fears at the door - this podcast delivers the keys to reducing risk and smooth leadership transitions for family firms of all sizes.

Here are some power takeaways from today’s conversation:

• The three essentials for overcoming family business fears

• Implementing an operating system like EOS to systematize daily tasks

• Thinking about necessary roles before assigning family members

• Separating business operations, ownership, and family

• Structuring a board of directors to provide guidance

• Using town halls and transparency to communicate with all stakeholders

• Building alignment around shared values and vision

• Overcoming obstacles by removing information blockages

Episode Highlights:

[02:58] Three reasons we go into family business

Adam talks about the top three reasons for family businesses - building family love, creating a legacy, and the lifestyle you want from ownership.

[06:15] Put systems in place for clarity and confidence

Implementing systems for the business, ownership, and family helps get everyone aligned around core values, and solidifies procedures to increase confidence in leadership decisions.

[07:14] The first step for a successful multi-gen business is to embrace next gen suggestions

In multigenerational businesses, newer generations will rightly want to update old ideas to improve the company going forward.

[07:53] The three essentials for overcoming family business fears

Adam identifies the three key things that can help take fear out of a family business as: Systems - Structure - Communication

[11:53] The need to separate business, family, and ownership

As a family business passes to more generations, it becomes increasingly important to clearly separate the business operations, family relationships, and ownership structure for good governance.

[12:41] The three core systems of family business

All businesses rely on systems for operations and ownership, while family businesses require an additional system dedicated to nurturing relationships and harmony between relatives.

[16:07] Structuring family businesses and ownership

As family businesses span more generations, Adam explains their structures often need to grow more comprehensive to welcome growing numbers of stakeholder relatives.

[21:35] Overcome fear through transparent communication

Adam notes fear stems from lack of information and clarity. Transparency through structured communication systems aligned with values removes obstacles, allowing courageous leadership.

Resources Mentioned:

Entrepreneurial Operating System (EOS)

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Discover how to conquer jealousy through self-confidence, face your demons to reignite passion, and rebuild bonds through empathetic understanding and forgiving grace. This inspiring conversation with Shanenn Bryant will give you the tools to overcome insecurity, regain your flow, and build trustworthy trust in yourself and others.

Learn Shanenn’s self-regulation techniques for managing anxiety and regaining control through self-awareness. Adam and Shanenn also explore how to transform limiting beliefs into unstoppable confidence by rising above fear with courageous self-belief.

Here are some power takeaways from today’s conversation:

• Heal your own wounds to be fully present for your children

• Seeking to understand through curiosity rather than judgment

• How growth really happens

• Keeping an open mind through curiosity

• Why you need to break free from fantasies

• We are worthy for just who we are

• The root cause of jealousy and how to overcome it

• The self-regulation recipe

Episode Highlights:

[07:59] Heal your own wounds to be fully present for your children

In order to truly be present and supportive for our children, we first need to work on addressing our own unresolved issues that prevent us from being fully present in our own lives and relationships.

[10:13] Seek to understand through curiosity rather than judgment

Shanenn's curiosity about her father's struggles led her to understand his humanity beyond her painful past, allowing them to find connection before his death.

[15:05] Growth happens at your own pace

Growth is not linear but a winding path requiring tenacity through setbacks – with periods of stepping back to regroup being necessary parts of ultimately progressing beyond challenges.

[18:04] Keep an open mind through curiosity

Getting curious about one's own experience rather than assuming all the facts keeps one open to perspectives that can provide understanding rather than remaining stuck in incomplete narratives.

[20:18] Break free from fantasies to discover new possibilities

Expecting relationships to match fantasies can prevent discovering unexpectedly fulfilling new connections.

[23:40] We are worthy for just who we are

Our worth isn't defined by what we do or how we look, but rather comes from simply being - unlearning this lesson and accepting our innate worth is a process.

[27:37] Jealousy serves as a signal to identify underlying issues rather than as a problem itself.

Shannon identifies the common root cause of jealousy as a dysfunctional upbringing, lacking stability and affirmation, often stemming from childhood trauma that shapes core beliefs.

[37:13] How to overcome jealousy: Looking at projection, protection, or competition

To address extreme jealousy, Shannon guides individuals through identifying projection, protection or competition patterns, then practicing self-regulation techniques to manage anxiety and regain control of physical and emotional responses.

[44:47] The self-regulation recipe for extinguishing anxiety

Exercise. Practice box breathing to oxygenate the brain and calm the amygdala during anxiety spikes. Remove yourself from triggering situations and commit to addressing underlying issues.

Resources Mentioned:

www.topself.com

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Sobriety is a gift – and it's the most wonderful gift that could happen.

12 years ago, Adam was hopeless, thinking there was no way out of addiction. Ultimately, he found the courage to walk into that first AA meeting, and his life slowly started to change.

Today, he shares some lessons he learned about overcoming alcoholism. He busts some common myths about drinking and recovery. He also shares stories from his own path to sobriety - the struggles, the lightbulb moments, and how he found a whole new way to enjoy life without liquid courage.

Recovery is possible, friends. If you or a loved one is dealing with addiction, hopefully Adam’s experiences will show you that there is always hope. One day at a time, you can reclaim your life. Join this conversation and spread the message that sobriety is truly the gift that keeps on giving.

Here are some power takeaways from today’s conversation:

• Debunking common myths about alcohol and addiction

• Sharing lessons learned from 12 years of sobriety

• Finding community and connection through AA meetings

• Facing social anxiety sober and enjoying activities without drinking

• Questioning the purpose of alcohol consumption

• Focusing on short-term sobriety goals through the phrase "just for today"

Episode Highlights:

[04:09] Adam doubts any benefits to drinking

Adam acknowledges alcohol's medical and industrial uses but firmly believes there is no benefit to consuming it based on his experience overcoming addiction and finding fulfillment in sobriety.

[06:15] Using substances to avoid emotions prevents healing

If we are using substances to change our minds, we're not giving ourselves the opportunity and the grace to feel the feelings, as bad as they may be, and work through them and process them. Then there's no healing.

[09:44] Myth #1: “I need alcohol to have a great time.”

Try enjoying activities where you normally drink, such as concerts or vacations, without alcohol. Experience them sober over time to truly appreciate and be present for the activity itself rather than just the alcohol's effects.

[11:46] Myth #2: “I need alcohol to be social.”

While it initially seemed to reduce Adam’s social anxiety, over time drinking actually made him more antisocial and he began isolating and drinking alone.

[13:42] Finding community and connection through AA meetings

Adam encourages those struggling with addiction to seek help from recovery communities. By entering their rooms, one can find support through sharing their experiences of addiction and the path to healing.

[15:09] The social benefits of sobriety

Adam rates his current social life a 10 out of 10, believing sobriety has allowed him to authentically connect with others in a way drinking previously prevented.

[16:25] Myth #3: I'm not like other alcoholics.

Adam used to believe alcoholics were stereotypical people unlike his career-driven, family self but found in AA that he shared the core identity of being an alcoholic with the diverse people there. Alcoholics run the gamut of all sorts of people that are living in our society.

[20:18] The power of "just for today"- finding sobriety one day at a time

Thinking only about getting through each day sober and hitting the pillow alcohol-free gave him proof he could do it and stack enough days of sobriety over time.

Resources Mentioned:

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IG: @theadamchill

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