My new friend, Russ Haworth, is the host of The Family Business Podcast and a contributor to many family business publications. Russ was writing a book on the emotional and psychological challenges of succession planning for family business owners when he came up with the idea to create a podcast. On The Family Business Podcast podcast, he interviews family business leaders and advisors from all over the world to discuss everything from culture to succession planning, mindfulness, communication, governance and more. Russ is based in the UK.
In this episode, Russ and I talk about why and how he started the podcast, he shares some of his favorite stories and resources and tells us what he’s learning along the way.
Topics discussed in this episode:
- Introduction to Russ and The Family Business Podcast (2:37)
- His family businesses learnings (6:15)
- Favorite episodes and stories from the podcast (11:00)
- Surprises along the way (28:48)
- Favorite resources (34:00)
- How to find Russ (37:04)
- Bonus questions (37:54)
Russ is a chartered financial planner with fifteen years of experience in advising family businesses.
He has worked within the financial planning arms of regional, national and multi-national accountancy firms, and has provided advice to National Lottery and Euro Millions jackpot winners while on the panel of advisers appointed by Camelot.
Having worked in large and medium-sized businesses, Russ became frustrated that it was sometimes difficult to deliver the coherent and personalised service he felt his clients deserved. He joined Proposito Financial Planning as part of the company’s own succession planning exercise in 2015. Now at a much smaller firm, Russ is able to tailor solutions and provide bespoke financial planning advice to family business owners throughout the South West.
He lives in the South West with his partner, Shelly, and their two daughters, Mia and Isabel. He enjoys running and cycling, food and wine.
Notable & Quotable:
A lot of family businesses feel alone. I’ve found that though each family is unique, many of the issues and challenges they face are commonplace. —Russ Haworth #successfulgenerations #familybusiness
I get a lot of information from other podcasts. Podcasts are like Netflix for your ears. —Russ Haworth #successfulgenerations #familybusiness
For me, mindfulness is like hitting a pause button in your mind… Take 30 seconds and notice your breathing or take an extra moment to savor your cup of tea or coffee. —Russ Haworth #successfulgenerations #familybusiness
Advice for my 20-year-old self: Be braver and be bolder. —Russ Haworth #successfulgenerations #familybusiness
Resources mentioned in this episode:
- Family Firm Institute (FFI)
- FFI Practitioner
- Family Business United
- Tharawat Magazine
- Children Interrupt BBC Journalist Interview
- The Family Business Podcast episodes referenced:
- Russ’ Twitter recommendations:
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If you are the next generation of family business, philanthropy and wealth, and have a topic you think we should discuss, let us know at Ellie@successfulgenerations.com.