May 2, 2023
Join Francesco Lombardo for this week's Safe Space as he speaks
with Stefanie Kyles, a fourth-generation family business member,
and former CEO.
Stefanie discusses financial insecurity that is common in family
businesses and how family businesses need accountability and
transparency to succeed. She shares her experience negotiating with
family members to understand their personal sensitivities around
risk, financial security, and lifestyle, and emphasizes the
importance of separating emotions from conversations around
money.
The one piece of advice Stefanie offers for both the senior and
next generations is simple... talk about it.
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