Jill Hofmans's guest appearances

Jill Hofmans

Succession Stories

John Warrillow

Dan Rooney

Jeffrey Ford

Laura Coe

John Brown

Jon Dwoskin

Beth Miller

Mike Silverman

Chris Chaney

Andy Ellis

Danielle Cuomo

Amy Franko

JT Kostman

Nicole Jansen

Lou Diamond

OwlTail

Michael Schoedinger

On this episode, Laurie Barkman was joined by Michael Schoedinger, President of Schoedinger Funeral and Cremation Service, a 6th generation company; and Jill Hofmans, Executive Director of The Conway Center for Family Business in Columbus, Ohio. Some takeaways: - It’s never too early to start succession planning. Succession is going to happen and the process can take 3-7 years to put everything into place. - Leadership succession and financial succession are equally important, but totally different from a succession perspective. - The succession journey regarding relationships and authority is the hardest part, especially if you have to fire your grandpa. - Look for opportunities to innovate when there’s a market opportunity to build upon your legacy business. Show Links: Jill Hofmans LinkedIn The Conway Center for Family Business Michael Schoedinger LinkedIn Schoedinger Funeral and Cremation Service YPO Young Presidents Organization Grantor Retained Annuity Trust (GRAT)  Recorded on SquadCast.fm

On this episode, Laurie Barkman was joined by Michael Schoedinger, President of Schoedinger Funeral and Cremation Service, a 6th generation company; and Jill Hofmans, Executive Director of The Conway Center for Family Business in Columbus, Ohio. Some takeaways: - It’s never too early to start succession planning. Succession is going to happen and the process can take 3-7 years to put everything into place. - Leadership succession and financial succession are equally important, but totally different from a succession perspective. - The succession journey regarding relationships and authority is the hardest part, especially if you have to fire your grandpa. - Look for opportunities to innovate when there’s a market opportunity to build upon your legacy business. Show Links: Jill Hofmans <a href="https://www.linkedin.com/in/jillhofmans/" rel="noopener nofollow" target="_blank">LinkedIn</a> <a href="https://www.familybusinesscenter.com/" rel="noopener nofollow" target="_blank">The Conway Center for Family Business</a> Michael Schoedinger <a href="https://www.linkedin.com/in/michaelschoedinger/" rel="noopener nofollow" target="_blank">LinkedIn</a> <a href="https://www.schoedinger.com/" rel="noopener nofollow" target="_blank">Schoedinger Funeral and Cremation Service</a> <a href="ypo.org" rel="noopener nofollow" target="_blank">YPO Young Presidents Organization</a> <a href="https://www.investopedia.com/terms/g/grat.asp" rel="noopener nofollow" target="_blank">Grantor Retained Annuity Trust (GRAT)</a> Recorded on <a href="https://squadcast.fm/?ref=lauriebarkman" rel="noopener nofollow" target="_blank">SquadCast.fm</a>

06: Succession and Innovation as 6th Gen Entrepreneur with Michael Schoedinger and Jill Hofmans