3-7: So You Want To Go In Business With Your Family?

15/02/2022 33 min Temporada 3 Episodio 7
3-7: So You Want To Go In Business With Your Family?

Listen "3-7: So You Want To Go In Business With Your Family?"

Episode Synopsis

Welcome to The Business of Business: Two Daughters & Their Dad where we talk about all things entrepreneurial!Please download our Best of Nuggets eBook here.Today, our entrepreneurial family talks about the decision to go into business with your family.  Some of the Dempseys joined the family business, others decided to launch new businesses in partnership with family members and still more went on completely different paths.Jack, Staci & Jennifer share the pros and cons of what went into making those decisions and the one thing that is needed right from the onset - COMMUNICATION!Nuggets include:- Share your dreams with your family- Plant seeds early on- Be passionate & enthusiastic BUT be open to suggestions- A successful business is not a birthright- You have to be OK if your kids follow other paths- Always go to Dad with a plan & ask for his support- Most business don’t survive the 2nd generation - communication is the keyEmail us at:  [email protected] sure to like and follow our Facebook pageand on YouTube Jennifer Faith Dempsey has been in the beauty industry for over 10 years. The last 3 1/2 years she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Staci Joy Dempsey is an insurance agent, a mom and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur.  Staci serves as the podcast's host. Flying High Agility & Dog TrainingHelping people & their pets since 2003. We come to you!J. Faith Hair StudioLocated in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.Dempsey, Weiss & AssociatesMeeting the insurance and financial needs of business owners & individuals in NJ & PA since 1989.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Email us at: [email protected] Please download our Best of Nuggets eBook here. Like and follow us on FacebookJennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.