Lauren Lyman, Author at Goldhill Group

Published On - March 14, 2023

Lauren Lyman Family BusinessTags: family business

How Do You Establish a Family Council?

Establishing a family council can be a great way to improve communication and decision-making within a family. Here are some steps you can follow to establish a family council: 1. Start by discussing the idea of a family council with all members of the family. It’s important to get ever...

Published On - March 10, 2023

Lauren Lyman Family BusinessTags: family business

When Should a Family Business Set up a Family Council?

A family business should consider setting up a family council when there are multiple family members involved in the business, and when the family wants to address issues related to the family’s involvement in the business. Here are some factors to consider: 1. Family dynamics: If there...

Published On - March 7, 2023

Lauren Lyman Family BusinessTags: family business

When Should a Family Business Set Up a Board of Directors?

A family business should consider setting up a Board of Directors when it reaches a certain size, complexity, and stage of development. Here are some factors to consider: 1. Size and complexity: As a family business grows in size and complexity, it becomes more challenging to manage. A Board ...

Published On - January 24, 2023

Lauren Lyman Exit Strategy, LeadershipTags: Succession Planning

Insights and Advice from 24 Disruptive Successors

Over the holidays, we released two special episodes recalling the most impactful moments with our esteemed guests on The Disruptive Successor Show: “Family Time, Holidays, It’s a Wonderful Life” “Family Time, Holidays, It’s a Wonderful Life (Part 2)” Read the highlights...

Published On - December 24, 2022

Lauren Lyman LeadershipTags: cash flow, family business

5 Rules Why Cash Flow Management is Important

Why is Cash Flow Important? Since cash is the lifeblood of any business, cash flow management is important to most businesses, and it is not to be confused with profitability. In fact, you could be profitable, while your cash is eroding. Conversely, you could be generating cash, but not profitable. ...

Published On - October 6, 2022

Lauren Lyman StrategyTags: business owners, leaders, leadership, next generation, playbook, strategy

The Future Is Now

All great sports teams have a playbook. Even the good ones have a playbook because it keeps the men or women on the field moving in the right directions—together, in unison. In the NFL, for example, where there are only 16 games in the season, these playbooks are incredibly detailed. Since ...

Published On - September 19, 2022

Lauren Lyman Exit StrategyTags: exit plan, exit strategy, next generation

Begin With The End in Mind

This post is about the second-to-last chapter in my book, Disruptive Successor: A Guide for Driving Growth in Your Family Business. In it, I cover: How to build your business to sell it or transfer it successfully to the next generation. The eight drivers of value and how to value your busine...

Published On - September 8, 2022

Lauren Lyman LeadershipTags: employees, leadership, performance, success, team members, work performance

25 Exceptional Ways to Motivate Your Employees

As a team manager, inspiring your members becomes one of your most important duties. In most cases, it’s not enough to just provide them with supervision and direction. You also need to pause for a moment and find creative ways to inspire and encourage them to do better ALL THE TIME. ...

Published On - September 1, 2022

Lauren Lyman MindsetTags: business owner, code of honor, mindset, rules, team members, work personalities

Creating a Code of Honor in Your Business

How do you ensure performance when your team is comprised of individuals with different personalities or working from others offices with different cultures in each office? This poses a challenge for many business owners. They hire great people only to discover that some of them clash with on...

Published On - August 26, 2022

Lauren Lyman Family BusinessTags: business owners, entrepreneurs, family business, podcast, working with your parents

Working With Your Parents

Working with your parents can be complicated. The issues and benefits are something that all family business owners will encounter. Children often start their first job inside the family business. I recently had a guest on Disruptive Successor Podcast who helped to grow his family business wh...

How Do You Establish a Family Council?

When Should a Family Business Set up a Family Council?

When Should a Family Business Set Up a Board of Directors?

Insights and Advice from 24 Disruptive Successors

5 Rules Why Cash Flow Management is Important

The Future Is Now

Begin With The End in Mind

25 Exceptional Ways to Motivate Your Employees

Creating a Code of Honor in Your Business

Working With Your Parents

Coaching Packages

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