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Episode 028: Stories from The Family Business Podcast with Russ Haworth

May 9, 2018

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.

Find Russ on Twitter and The Family Business Podcast on iTunes or Spotify.

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)

Guest Bio:

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:
    • Ep 23 Cara Mackay – Shed Life  
    • Ep 21 – Culture with Mitzi Purdue
    • Ep 18 – A Legacy Mindset with Vincent Valeri
    • Ep 28 – Mindfulness with Martin Stepek
    • Ep 13 – What is the Bowen Family Systems Theory? with Steve Legler
  • Russ’ Twitter recommendations:
    • Tharawat Magazine on Twitter
    • FFI on Twitter
    • PWC on Twitter
    • KPMG on Twitter
    • EY on Twitter
    • Deloitte on Twitter
    • Steve Legler on Twitter
    • Mairi Mickel on Twitter

 

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Want more of Successful Generations? Check out our other episodes: 

Episode 027: The Power of Mindset with Dr. Nancy Jonker
Episode 026: Reflections from Four Decades in Philanthropy with Rob Collier
Episode 025: Power20—10 Ways to Set Your NextGen Up for Success in the Family Enterprise
Episode 024: Pump it Up! Strength Training and Leadership Development
Episode 023: Leadership Development and Agility with Greg McCann
Episode 022: Getting Started in Philanthropy with Colleen Mitchell
Episode 021: Taking Over the Family Business with Mitchell Kaneff
Episode 020: Women and Wealth w/ Adrienne Penta
Episode 019: The Allyn Family 2.0, Part 2
Episode 018: The Welch Allyn Family Business Story with Eric Allyn (4th Gen), Part 1
Episode 017: Achieving Your Goals through MasterMind and Peer Groups
Episode 016: Reframing Limiting Beliefs with Ellie Frey Zagel
Episode 015: Beyond the Piggy Bank with Father, Author, and Entrepreneur Clint Greenleaf
Episode 014: More Awareness and Less Stress through Yoga
Episode 013: Raising Children to be Amazing Business Owners with Paige Cornetet
Episode 012: Generous Genes with Susan Crites Price
Episode 011: Digging into the Family Business Landscape with Daniel Van Der Vliet
Episode 010: 10 Things My Family Did to Engage us in Family Philanthropy
Episode 009: Stress Management and Holistic Health with Cynthia Damaskos
Episode 008: Family, Fights and Ferry Tales with Chris Shepler
Episode 007: Raising Financially Responsible Kids Through the Holidays (and Beyond)
Episode 006: Join the Philanthropic Revolution with Michael Moody
Episode 005: Estate Planning 101 aka Estate Planning is Not Optional with Susan Gell Meyers 
Episode 004: Ginny Esposito – Engaging your Family in Family Philanthropy
Episode 003: Leadership, Wellness, and Concierge Medicine with Dr. Bill Baer
Episode 002: Douglas D Box, Texas Patriarch – A Legacy Lost
Episode 001: About Your Host Ellie Frey Zagel

Learn more about Successful Generations:

FB: @SuccessfulGenerations
Twitter: @EllieFreyZagel
Email: ellie@successfulgenerations.com
Instagram: SuccessfulGenerations


Have a topic suggestion?

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.

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Family Business

Ellie Frey Zagel

Ellie Frey Zagel is 3rd Generation, Vice Chair and Trustee of her family’s foundation the Frey Foundation based in Grand Rapids, MI. For nearly a decade she has been deeply involved in working with the next generation of family business, family philanthropy, and family wealth, first as Director of the Family Business Alliance and now as President of Successful Generations, a company she recently founded.

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