How To Build a Family Business in 7 Simple Steps

Have you ever thought that you never have enough time for your family and yourself as a business owner? Or maybe, you are thinking about starting a business but you are already wearing too many hats?

I've felt the same way; it is truly a balancing act.

The idea of starting a business and the reality of building a business are two different things. The time and energy required to build a business, be a parent, work a 9 to 5 job, and find time for yourself is a lot to juggle.

Well, my Guest this week on The 3 Hat Lifestyle Podcast, Chef Shelli, created a business that allows her daughter to work with her while also providing training opportunities for other gifted young adults.



Follow these 7 simple steps to build a family busy while creating more memories:

  1. Assess family interests
  2. Identify core values
  3. Determine whether to build a location-independent business or brick-and-mortar
  4. Analyze the skill sets of family members
  5. Narrow the business ideas
  6. Create a collaborative plan
  7. Execute

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