Listen "E18: Expert Secrets To Building A Fourth-Generation Business | Tim Ashley"
Episode Synopsis
Sure it’s hard to run a business and keep it successful but you know what’s harder? Keeping that up for generations.
In this episode, we dive deep into the complexities of running a fourth-generation family business. Learn how legacy plays a role in day-to-day operations, how to handle succession planning, and how to overcome modern hiring challenges.
Fourth-generation business expert Tim Ashley shares valuable insights into adapting to a changing market, managing regulatory pressures, and balancing work-life in a family-owned business. This episode provides essential strategies for business owners looking to build sustainable and successful operations, generation after generation.
📒 Show Notes and Resources 📒
https://www.stagcoaching.com/podcast
===========================
Want to discover what's holding your business back?
And get a customized action plan to fix it?
Take our FREE Business Assessment:
https://www.stagcoaching.com/assessment
===========================
Subscribe and Listen to the Podcast HERE:📱
➡︎YT: https://www.youtube.com/@stagcoaching
➡︎Apple: https://podcasts.apple.com/us/podcast/business-growth-masterclass/id1741987960
➡︎Spotify: https://open.spotify.com/show/2jy3wuJyv11zI0C31ww0oR
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Kellen KetchersidKellen is a co-founder of Stag Business Coaching, business strategist, and a systems thinker. He leverages his extensive experience in biotech and consulting to empower entrepreneurs to navigate complex challenges with strategic growth solutions.
Albert GillispieAlbert is a serial entrepreneur, business efficiency expert and co-founder of Stag Business Coaching who has founded several multimillion-dollar companies. With expertise in optimizing operations and innovative systems, he mentors business leaders who want to unlock their business’s full potential.
🎤Tim Ashley
Tim Ashley is the owner and president of Clovis Concrete Company, a fourth-generation business that he runs with his wife, Celeste. Tim is also a county commissioner out in New Mexico and proud father of four.
===========================
Let’s Connect!
Website: https://www.stagcoaching.com/
LinkedIn: https://www.linkedin.com/company/stag-business-coaching/
Instagram: https://www.instagram.com/stagcoaching/
FaceBook: https://www.facebook.com/stagcoaching
Twitter: https://x.com/stagbizcoaching
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⏰ Timestamps ⏰
00:00 Introduction
03:51 Family Legacy
04:40 Concrete Business Components and Aggregates
07:06 Navigating Multi-Generational Family Business
10:03 Challenges of Hiring and Skilled Labor
13:42 Thinking Outside the Box in Business Strategy
16:08 Portable Concrete Plants and Expansion
23:32 Government Regulations and Business Adaptation
27:47 Balancing Family and Business
36:50 Business Transition and Succession Planning
39:52 Reflections on Legacy and Family Relationships
===========================
#Leadership #SmallBusiness #StagBusinessCoaching
In this episode, we dive deep into the complexities of running a fourth-generation family business. Learn how legacy plays a role in day-to-day operations, how to handle succession planning, and how to overcome modern hiring challenges.
Fourth-generation business expert Tim Ashley shares valuable insights into adapting to a changing market, managing regulatory pressures, and balancing work-life in a family-owned business. This episode provides essential strategies for business owners looking to build sustainable and successful operations, generation after generation.
📒 Show Notes and Resources 📒
https://www.stagcoaching.com/podcast
===========================
Want to discover what's holding your business back?
And get a customized action plan to fix it?
Take our FREE Business Assessment:
https://www.stagcoaching.com/assessment
===========================
Subscribe and Listen to the Podcast HERE:📱
➡︎YT: https://www.youtube.com/@stagcoaching
➡︎Apple: https://podcasts.apple.com/us/podcast/business-growth-masterclass/id1741987960
➡︎Spotify: https://open.spotify.com/show/2jy3wuJyv11zI0C31ww0oR
===========================
Kellen KetchersidKellen is a co-founder of Stag Business Coaching, business strategist, and a systems thinker. He leverages his extensive experience in biotech and consulting to empower entrepreneurs to navigate complex challenges with strategic growth solutions.
Albert GillispieAlbert is a serial entrepreneur, business efficiency expert and co-founder of Stag Business Coaching who has founded several multimillion-dollar companies. With expertise in optimizing operations and innovative systems, he mentors business leaders who want to unlock their business’s full potential.
🎤Tim Ashley
Tim Ashley is the owner and president of Clovis Concrete Company, a fourth-generation business that he runs with his wife, Celeste. Tim is also a county commissioner out in New Mexico and proud father of four.
===========================
Let’s Connect!
Website: https://www.stagcoaching.com/
LinkedIn: https://www.linkedin.com/company/stag-business-coaching/
Instagram: https://www.instagram.com/stagcoaching/
FaceBook: https://www.facebook.com/stagcoaching
Twitter: https://x.com/stagbizcoaching
===========================
⏰ Timestamps ⏰
00:00 Introduction
03:51 Family Legacy
04:40 Concrete Business Components and Aggregates
07:06 Navigating Multi-Generational Family Business
10:03 Challenges of Hiring and Skilled Labor
13:42 Thinking Outside the Box in Business Strategy
16:08 Portable Concrete Plants and Expansion
23:32 Government Regulations and Business Adaptation
27:47 Balancing Family and Business
36:50 Business Transition and Succession Planning
39:52 Reflections on Legacy and Family Relationships
===========================
#Leadership #SmallBusiness #StagBusinessCoaching
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