FAMILY BUSINESSES: BUILT ON TRUST. CHALLENGED BY TRANSITION
- Ing. Ales Kolenovsky, CMA
- Oct 13
- 1 min read
Working with family-owned businesses is a bit like being invited into someone’s living room — you quickly realise it is not just business, it is family history, pride and sometimes… a touch of creative chaos.
What never fails to impress me are the:
· Incredible values
· Dedication
· Proud
· Absolute determination
these founders bring to the table.
And yet, no matter the country, the industry or how impressive is the look of the meeting room — the same 4 familiar challenges tend to pop up and quietly slow down growth.
We’ve summed them up in our latest Proud-Consul post:
👉 TOP 4 Challenges of Family-Owned Businesses in Central Europe
Now, if you’ve ever tried to hand over your “business baby” to the next generation, you’ll know — it takes far more courage than most investment decisions can capture. Succession and leadership transitions aren’t just processes; they’re emotional marathons (with fewer medals).
My role, as a Consultant and Financial mentor, is to help make this journey
o a little clearer
o a little calmer
and
o a lot more data-driven
— so both founders and successors can sleep better at night.
If you are part of a family business, I would love to hear:
💬 What’s been your biggest “aha” moment — or near-miss — on the way to sustainable growth?
Because behind every great family company is a story worth telling — preferably over a glass of excellent wine (or two) 🍷😉
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