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Family business succession
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A story rich with success.
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Overview Transcript Case Study Video
Matt SeeleyJohn Dolan, a legal guru.  Click here and go to the Transcript of this episode of the show.  At the bottom is a reference to John's work..Laura Nash, ethicist.  Click here to go to the Case Study Guide.  At the bottom of the guide is a link to Prof. Dr. Laura's work.Go to the Video
Meet Matt Seeley. Also, meet three gurus.
Detroit: Quality Bending and Threading is today's blacksmith shop. The business was started by Russ Seeley in 1960. His son, Matt, grew up in the business and always dreamed of taking over.
What a blessing for the father, but what about the others in the family? To be fair to everyone, these people got help to transfer the ownership in an equitable way. Dad was represented by the family's longtime CPA (and uncle) while Matt got help from an outside professional. We revisited this story in an episode titled Exit Strategies and Equity Models. Matt's insights are what we consider evergreen... true yesterday, true today, and true tomorrow.
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This Season's Episodes
We can all help to build those bridges.
Let's get to a higher ground!
Be a real leader. Empower thinkers.
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How will you pass your business on?
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Key Ideas from this episode Small Business School
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Show up and mind the store.
Be honest.
Love the entire process.
Reward your people with your approval.
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Be thinking about your time for wisdom.
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Good People, Good work, good jobs
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Meet Frank Jao, once from Vietinam, founder of Little Saigon, Westminster, California. Reinvest, reinvest, reinvest, and then reinvest again and you may find you have a portfolio that is worth over $1B.Go to Seaford, Delaware and the light of the future.Teri Zubizarreta aka Mama Zubi.  Meet the woman who knows more about Hispanic marketing than anyone. Go to this episode's homepage.Hattie in 1995 on the air proclaiming that we had to be 24/7-global, get a web site, and get email.Investments in minorities and women have opened the way to a billion dollar business.
Watch Small Business School every week and meet very thoughtful people who are quietly changing our world. Working their dreams into reality, they'll encourage, challenge and inspire you to always be the best that you can be. Creating something of value makes a life worth living. When it's sustainable, it's a legacy.
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