Michael Klein - "People are Very Emotionally Trapped.. or Handcuffed .. to the Family Business"

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It's None of Your Business - The Family Business Podcast

Business


In this case, a book’s title, “Trapped In the Family Business”, says it all.   Michael Klein has spent more than 20 years working with, and advising, individual members of family businesses across the country.  Plus, with a doctorate in psychology, he understands the "bottom line" isn’t always the bottom line.  Emotions, bruised feelings, and fragile egos can sometimes be just as important as profits.  This was a great Interview; so we ended up splitting the whole thing into two parts.  In part 1 (a few weeks back) Michael Told us about how being in a family business can paper over some major addiction problems; how family tensions can affect the day to day business, and how to assess the different members of a family. This week, in part two  we find out exactly who is the one “trapped”, in the Family Business.