Feb 17 2025 22 mins 1
In this episode, Roger North and Gina Breslin dive into the complex world of ownership structures for privately-owned companies, including the often-debated 50/50 partnership model. Together, they analyze the pros and cons of different ownership models, highlighting that successful business strategies go beyond numbers. As Roger puts it, "When you're in a privately-owned company, relationships should lead transactions."
Roger and Gina discuss the importance of long-term purpose and vision, noting that in their experience, the most successful organizations focus less on maximizing immediate value, distributions, or salaries. They also explore the unique challenges family-owned companies face, stressing the heightened need for nurturing relationships. Ultimately, they emphasize that there's no one-size-fits-all approach, and each company must find the structure that works best for them.
Roger and Gina discuss the importance of long-term purpose and vision, noting that in their experience, the most successful organizations focus less on maximizing immediate value, distributions, or salaries. They also explore the unique challenges family-owned companies face, stressing the heightened need for nurturing relationships. Ultimately, they emphasize that there's no one-size-fits-all approach, and each company must find the structure that works best for them.
