Episode 72: A husband and wife team, Kay Lee and Robert Fukui, offer tips on helping family businesses deal with conflict at home and in their business

Family Business Today

Our guests today are Robert and Kay Lee Fukui. Robert and Kay Lee are the co-founders of Power by i61, Inc., a business consulting company. Their passion is to see marriages flourish in the midst of building a profitable business and to help the entrepreneur couple understand that you don’t have to sacrifice the marriage and family for the business.

Together, they have developed an innovative program, Power Couples by Design, which equips the married entrepreneur to build a Thriving Marriage AND Prosperous Business.

In this episode of Family Business Today, you will learn:

• What are the most common types of conflict in a family business?

• Practical tips to deal with conflict

• What is the price of not resolving conflict in a family business?

• How do you hold family members accountable in a family business and still preserve the relationship?

• How do you deal with a family member who wants a JOB, but you don’t think they would be a good fit?

• How do you deal with a family member who tends to stir the pot and create trouble?

• And more…

Kay Lee and Robert are the authors of the book, Tandem: The Married Entrepreneurs’ Guide for Greater Work-Life Balance.

Copies of their book are available at www.amazon.com and www.thetandembook.com. To learn more about Power by Design visit their website at www.marriedentrepreneur.co.

At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.

If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)

Until next time, There’s No Business Like a Family Business…. We Know!