Episode 33: Transitioning a Family Business w/ Nathan Bainbridge

Uncategorized Feb 12, 2019


       

There’s nothing easy about a family business. But when done right, it has the potential to be one of the most rewarding experiences as an entrepreneur. Nathan Bainbridge thought he was heading for a career in politics in his 20’s when one day he got a phone call from his Dad… That’s when everything started to change. Today, Nathan shares his experience - a powerful father-son story that many of us can relate to. Tune in, hear his struggles, learn from his lessons, and find out how you can apply them in your own business.

The Conversation:

  • 09:28 - Nathan’s story - growing up with Dad who built his own business after barely graduating high school.
  • 14:54 - Jumping into politics and working for a US Senator.
  • 17:16 - Easter of 2014, The phone call Nathan received, finding out Dad was in the hospital and things weren’t looking up. How he transitioned from politics into the family business.
  • 27:08 - Why mission, vision, and culture is more important than any strategic plan for every family business.
  • 30:40 - Brothers in business - How to work through your differences while preserving the relationships that matter most.
  • 41:30 - Nathan’s most valuable lessons learned from running a family business.
  • 44:29 - How growing in faith and growing as a leader pushes the business forward.

 

 

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