This episode of The Twenty One Clear Podcast goes straight at a question many family business owners avoid: How do you build a great company with your family and not look back with regret?

Adam Hatcher is joined by Shane Arthur, executive coach and founder of Arthur Coaching, whose own story of turning down a corporate promotion grounds this conversation.

Together, they examine what regret looks like in real life, what gets lost when you chase company success, and how families can set priorities that help them be proud of their choices years later.

This is about choosing presence, naming tradeoffs, and planning for success that strengthens both company and family.

Key Highlights:
• Growth, liquidity, and control: why every family business has to choose two out of three when setting priorities, and what gets traded away.
• Shane’s decision to pause a rising corporate career, and the lasting impact of that call on his family and work.
• Where regret shows up for owners: the bite of missed moments as children grow, and how it becomes plain as kids prepare to leave home.
• How owners often devote their best creative energy to business, where progress can be quick, but at home, building trust and presence takes time and steady effort.
• The story of a viral marketing push: Shane describes missing three days with his kids at the beach, trading precious moments for online engagement.
• Strong planning questions for families: After you reach your business goals, what else must be true for you to be successful?

References:
• Shane Arthur’s LinkedIn: https://www.linkedin.com/in/coachshanearthur/
• Shane Arthur's Coaching website: https://www.arthurcoaching.com/
• Post Adam references

21C Links
• Twenty One Clear website: www.21clear.com
• Adam Hatcher on LinkedIn - www.linkedin.com/in/adamhatcher

Bumper Music
Still Hot
by Nic D, Connor Price
(c) Lossless, 2023

Produced By
https://snapmarket.co

In this first episode of the 21 Clear Podcast, host Adam Hatcher explores the unique dynamics of family businesses, sharing insights from his own experience growing a successful family company. Join us as we discuss the nuances of working with family, the challenges that arise, and the importance of distinguishing the family business within the broader company structure. Adam shares candid stories and lessons learned to help listeners navigate the complexities of maintaining a thriving company and a healthy family.

Key Highlights:

• Introduction to the concept of a family business within a company, using the two-box analogy.
• The importance of dedicating time to work on the family business, not just the external company.
• Stories and experiences that highlight how unpreparedness can lead to chaos and value loss.
• Discussion on the inevitability of chaos in family businesses and strategies to avert it.
• Key insights into integrating family dynamics with business operations, enhancing both aspects.

Quotes:

• "Just because you grew up together doesn't mean you can work together and build a great company." – Adam Hatcher
• "You're mixing the forever with the temporary—family is unconditional." – Adam Hatcher
• "Imagine two boxes. The company on the outside and the family business on the inside." – Adam Hatcher
• "You can never start working on that family business inside the company soon enough." – Adam Hatcher

Theme
Still Hot
By Nic D. and Connor Price
(c) 2023 FRDi Entertainment & 4 of clubs LLC