Gary Beckwith has had an extraordinary business journey, one from which every generation of any family firm can learn…From firing his father in order to grow the business, to working with his children, to maintaining a love for his business even after selling it, the story of City Cruises’ Founder Gary, and his daughter Lucy, is steeped in emotional insight and invaluable wisdom.Join us as Gary and Lucy share their journey with City Cruises on this week’s episode of It Runs In The Family!This episode covers:<ul><li>The delicate balance of personal relationships and business-first thinking family businesses</li><li>The journey of City Cruises from a small fuel barge to a booming tourism business</li><li>How succession planning and an exit strategy looks in family firms</li><li>The critical importance of clear family communication, and setting boundaries</li><li>How deeply intertwined personal identity can become with a family business</li></ul>Lucy Beckwith <a href='https://www.linkedin.com/in/lucy-beckwith-05b6b160/'>https://www.linkedin.com/in/lucy-beckwith-05b6b160/</a>Liz Willingham: <a href='https://www.instagram.com/lizzielean/'>https://www.instagram.com/lizzielean/</a> <a href='https://www.linkedin.com/in/liz-willingham-09273a3/'>https://www.linkedin.com/in/liz-willingham-09273a3/</a> Leila Willingham: <a href='https://www.instagram.com/leilawillingham/'>https://www.instagram.com/leilawillingham/</a> <a href='https://www.linkedin.com/in/leila-willingham-821530a1/'>https://www.linkedin.com/in/leila-willingham-821530a1/</a>

It Runs In The Family

Generational Lessons on the Whole Family Business Lifecycle with Gary & Lucy Beckwith #106

Hello! We're Liz & Leila Willingham and welcome to "It Runs In The Family". We're the mother and daughter duo working within the public relations and communications agency, Liz Lean PR. Running a business is hard - really hard. Every business has its challenges and it's own ups and downs - but in a family business, this is often exaggerated by the willingness to speak your mind. But it also has some huge advantages that the corporate cultures just can't compete with. In this podcast, featuring a different family business guest in each episode, we're going to be digging into the...