Guest: Bill Betts, President of Betts Company, which has been owned and operated by Bill's family since 1868.
Overview: Think COVID was rough? When your company is strong enough to survive for 150 years, a pandemic (or two) is just one blip on a timeline that includes Reconstruction, the 1906 San Francisco earthquake, two World Wars, the Great Depression, and everything since. That kind of longevity is only possible when a company knows how to use its values as both an anchor to its heritage and a catalyst for keeping pace with BIG changes.
On today's show, Bill Betts talks about the values that have guided his family business for six generations. He also shares some practical advice on maintaining ownership and succession planning that have helped the family business stay in the family's hands.