The Business of Business - Two Daughters & Their Dad

3-8: So You Want To Go In Business With Your Family Part 2

February 28, 2022 Staci, Jennifer & Jack Dempsey Season 3 Episode 8
The Business of Business - Two Daughters & Their Dad
3-8: So You Want To Go In Business With Your Family Part 2
Show Notes

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, Staci, Jennifer and Jack continue the discussion about being in business with your family and the conversation tackles being in business with your siblings.

From hiring and supervising them to being in partnership, there can be challenges.  But, these can be avoided with great upfront communication and written agreements.

Nuggets include:

  • Define everything in writing
  • You must address all the “in case of” options
  • Most business don’t survive the 2nd generation - communication is the key
  • Have the uncomfortable conversations when everyone is in a kumbaya mood
  • Be sure everyone is talking - don’t let anyone remain silent
  • Bring in a professional to help guide the conversation
  • Be in business with people you trust

Email us at:  TwoDaughtersAndTheirDad@gmail.com

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  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.

Jack Dempsey is the dad who h

J. Faith Hair Studio
Located in south NJ, J Faith Hair Studio is the place to go to become the best version of yourself.

Flying High Agility & Dog Training
Helping people & their pets since 2003. We come to you!

Dempsey, Weiss & Associates
Meeting 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: TwoDaughtersAndTheirDad@gmail.com

Please download our Best of Nuggets eBook here.

Like and follow us on Facebook

Jennifer 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.