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It’s All About People (Still!)

Wayne Rivers
By Wayne Rivers
9 minute

There is no place to hide anymore; other companies are coming for your people every day! What’s the secret to keeping your best and brightest?

Watch Digging Deeper this week as Dennis emphasizes (yet again!) the importance of having the right people, the importance of having a vital, vibrant culture, and why sound future growth plans help ambitious people see opportunity and excitement. What people management practices are working for you? Please share with us in the comments below.

The Dallas class of The Contractor Business Boot Camp is already more than half full. If you haven’t yet enrolled your high-potential NextGen leaders to this career development program, do it NOW! In addition to Dallas, we are coming to Denver, Toronto, and Raleigh in 2023. Please contact Charlotte at ckopp@familybusinessinstitute.com for more information.

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Reader Mail

In this week's vlog, Wayne shares three emails from our contractor audience and a thought provoking article forwarded by Chris Manning of Overaa Construction which challenges some of our points in the February vlog about micromanagement. What are your reactions? Has the micromanagement pendulum swung too far?

Email Notification

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Researcher James Grubman wrote in the periodical Globe Law and Business about a cliché we have all heard: “Shirtsleeves to shirtsleeves in three generations.” He analyzes the academic pursuits which attempted to quantify this phenomenon and has some interesting observations. Is it true? Do successful entrepreneurial enterprises really rise and fall so predictably over a lifespan of just three generations?

One hand passing baton to another

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The More Things Change...

In January of 2025, Brown Brothers Harriman, an investment bank, produced their “Private Business Owner Survey.” They interviewed 400 private business owners who own firms generating between $50 million to over $1 billion. That revenue range is almost a perfect overlap with our members, so that makes their findings even more compelling. You’re not going to believe what they found!

Businessman jumping from smaller fishbowl to a bigger one

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