Potentia Assessments returns to the Culture Camp Podcast to talk family business, part two.

In this episode of Culture Camp: Host Jason is joined by Leigh Quinn and David Spader of Potentia Assessments for part two of their family business series, packed with practical tips and the tools that keep families and businesses healthy. Here’s what you’ll hear about:

• Start early: why beginning the transition 10 or more years out dramatically raises the odds the business survives
• Which hat are you wearing: the family, owner, and employee hats, and the two-hat story that makes it real
• The annual “why should we sell” meeting: how one honest hour a year keeps the business from becoming a family member
• Earn the role: why top performance and board approval should beat birth order and blood
• Go outside first: why the strongest family businesses send people out to prove themselves before they come back
• Managing by values: how a set of company values, in priority order, makes the hard decisions for you
• The three fits: why culture fit comes first, then motivation, then capability, in that order
• A higher bar for family: why family members should model the values better than anyone, not get a pass
• Values above everyone: why the rules sit above the CEO and the owners, or the culture falls apart