Prompted by a brewery's 30th anniversary as a family operation, this episode tackles one of the trickiest topics in business: handing it down. Mike and Scott get honest about ego, entitlement, and what actually needs to be true for a succession plan to work.

You'll learn:

-The real first question to ask before bringing family into the business — whose ego is this really for?;

-Why "gift it for free" and "sell it at a painful premium" both tend to backfire;

-A fairer structure using open-market valuation plus negotiated terms;

-The difference between a business's DNA (non-negotiable) and its culture (adaptable);

-and why the "first generation builds, second grows, third kills" rule has exceptions worth studying.

Beer: Mount Brewery Waimea Foggy IPA (6.5%) & Mermaid Mirth APA (6%)
Pie: Patrick's Pies — Duck, Mushroom & Cheese

 

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Want an in-person 6 day business program that gives you a tried and tested playbook to grow? Check out: Business Growth School

Want better content? Check out: Blacklime

The company that uncomplicates business growth. Check out: Point 16

Get to know us! Mike Burke & Scott Douglas

Prompted by a brewery's 30th anniversary as a family operation, this episode tackles one of the trickiest topics in business: handing it down. Mike and Scott get honest about ego, entitlement, and what actually needs to be true for a succession plan to work.
You'll learn:
-The real first question to ask before bringing family into the business &mdash; whose ego is this really for?;
-Why "gift it for free" and "sell it at a painful premium" both tend to backfire;
-A fairer structure using open-market valuation plus negotiated terms;
-The difference between a business's DNA (non-negotiable) and its culture (adaptable);
-and why the "first generation builds, second grows, third kills" rule has exceptions worth studying.
Beer: Mount Brewery Waimea Foggy IPA (6.5%) &amp; Mermaid Mirth APA (6%) Pie: Patrick's Pies &mdash; Duck, Mushroom &amp; Cheese
&nbsp;
Liked this one? Make sure you catch the next episode - hit subscribe and check us out here:
<a href="https://www.youtube.com/@pintspiesandprofits">YouTube</a>
<a href="https://www.instagram.com/pintspiesandprofits/">Instagram</a>
<a href="https://www.facebook.com/pintspiesandprofits/">Facebook</a>
&nbsp;
Want an in-person 6 day business program that gives you a tried and tested playbook to grow? Check out: <a href="https://www.point16.co.nz/business-growth-school">Business Growth School</a>
Want better content? Check out:&nbsp;<a href="https://blacklime.co.nz/">Blacklime</a>
The company that uncomplicates business growth. Check out:&nbsp;<a href="https://www.point16.co.nz/">Point 16</a>
Get to know us!&nbsp;<a href="https://www.linkedin.com/in/achievemoreeasily/">Mike Burke</a> &amp; <a href="https://www.instagram.com/scottisliving/">Scott Douglas</a>

Running a business is one of the loneliest jobs in the world. Everyone thinks you've got it figured out. Most days, it feels like you're not so sure.

Pints, Pies & Profits is the weekly business podcast for founders and owners who want straight answers, not more noise. Every episode, Mike and Scott crack open a craft beer, cut into a pie, and dig into the real stuff, cash flow, team drama, strategy, growth, the decisions that keep you up at night. No jargon. No lectures. No pretending it's easy. Just honest conversations that leave you thinking more clearly about Monday morning.

Because business shouldn't feel like something that's happening to you. It should feel like something you're building.

New episodes every Thursday. 

Running a business is one of the loneliest jobs in the world. Everyone thinks you've got it figured out. Most days, it feels like you're not so sure.
Pints, Pies &amp; Profits&nbsp;is the weekly business podcast for founders and owners who want straight answers, not more noise. Every episode, Mike and Scott crack open a craft beer, cut into a pie, and dig into the real stuff, cash flow, team drama, strategy, growth, the decisions that keep you up at night. No jargon. No lectures. No pretending it's easy. Just honest conversations that leave you thinking more clearly about Monday morning.
Because business shouldn't feel like something that's happening to you. It should feel like something you're building.
New episodes every Thursday.&nbsp;