Passing the Baton in a Family Business

November 28, 2025

Here’s what we discuss in this episode:

💛 Emotional Side of Succession: why the transition feels personal, not procedural

⚠️ Common Planning Mistakes: the pitfalls that cause regret, resentment, and confusion

🔥 Hidden Threats: taxes, divorce, and unprepared heirs that can derail a handoff

🌱 Values That Outlast Wealth: ensuring the next generation inherits meaning, not just money

🤝 Guidance That Helps: why families benefit from experienced, outside perspective

What if the hardest part of passing on your business isn’t the paperwork, but ensuring your family’s story, values, and bonds endure for generations to come? In today’s episode, Rob talks honestly about what it takes to transition a business without damaging the relationships that built it. Real succession isn’t written in legal documents, it’s forged in open conversations, clear vision, and the trust that binds generations together.


Go inside the episode:

0:00 – Intro

0:40 – What Makes This Such an Emotional Topic?

2:18 – The Most Common Mistakes

3:45 – Key Elements of Succession Planning       

6:23 – Challenges and Threats in Succession Planning

7:22 – Aligning Legacy with Family Values

8:35 – The Role of Professional Guidance


Helpful Resources:


Phone: 801-717-9237

Schedule your no-cost discovery meeting: https://www.axiowm.com/what-we-do

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Let us speak at your next event: https://www.axiowm.com/speaking

Check us out on YouTube: https://www.youtube.com/channel/UCtidWpldZGUBLmr24oWy87Q


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