Latest Posts

Family business owners understandably want to keep certain business matters private. But being open and honest with your team benefits everyone far more than withholding information, including financials.

Leaders sometimes struggle with identifying good Scorecard numbers for their human resources team. Learn how to optimize EOS® Scorecards …

We talk a lot about Running on EOS™ purely. I’m talking about when someone takes the core principles of EOS® and tries to “improve” on them. One of the most common attempts I see at “improving” on EOS in a family business is two family members sharing one seat on The Accountability Chart™.

Whenever multiple generations work in the family business, The Accountability Chart™ can start to look a lot like the family tree. This doesn’t always make sense for the business itself, though. Tempting as it may be, don’t make your Accountability Chart look like your family tree.

Without EOS, many family businesses run on SOS (aka the self-operating system). Continually in crisis, these family businesses always felt like they were in danger and needed to be rescued.

I’m a big fan of investor Alex Hormozi’s posts; he’s written great tongue-in-cheek tweets about how to stay poor. Here are the top 10 ways to fail at running your family business on EOS.