Monthly Archives: August 2016

Family Business

I grew up behind the counter of a general store, the child of self employed parents. I was put to work before and after school, we took no family holidays and we struggled to find 30 minutes of peace to eat dinner together. Any child who grew up in a family business will understand that there is no escaping it. From the time we are able we are put to work in some capacity helping out.

My two guests this week also grew up in the family business, they took the experience one step further though and have taken each of their (very different) businesses over from their parents to become extremely successful 2nd generation business owners.

First up I chat with Karl Schwantes from Xennox Diamonds [http://www.xennoxdiamonds.com.au] who shares stories from his upbringing with a father born into Eastern Europe post WW2. He talks about the defining moment when he realised his future laid within the family business. We explore the transition period, the direction he has taken the business (which includes a 5m long chandelier and a scotch bar for the guys), and the future as he sees it for the customer experience. We even chat a little about his own children (he has 4) and the role they play in the business.

If you’d like to find out more about Karl or Xennox Diamonds or get your hands on a copy of his amazing book “Rock her World” follow the links.

Karl: http://www.xennoxdiamonds.com.au/biography/
Xennox Diamonds: http://www.xennoxdiamonds.com.au
Rock Her World: http://www.xennoxdiamonds.com.au/book/

My second guest, Dean Salakas took over a business that as been a Sydney institution for 30 years. Started by his mum, who was also known as “Patches the Clown”, the Party People is a highly successful party supply business.

Pursuing a successful corporate career within Woolworths, it wasn’t until his brother, Peter approached him to suggest the brothers take over the business together that Dean had ever considered going into the family business.

Dean shares the somewhat turbulent beginning as well as the pros and cons to owning a second generation family business. He gets candid on what it’s really like to work with your brother and he pulls back the curtain on what it was like to pitch on the TV show “Shark Tank”.

If you’d like to find out more about Dean and the Party People follow the links.

Dean Salakas: http://www.thepartypeople.com.au/about-the-party-people
The Party People: http://www.thepartypeople.com.au

A big thank you again this week to our sponsor “Echoes Messages” make sure you check them out and like their Facebook page:
https://www.facebook.com/Echoes-Messages-1636416323353280/?fref=ts

While you’re being all social make sure you’re connect with Not Another Business Show too:

FB: https://www.facebook.com/NotAnotherBusinessShow
Twitter: https://www.twitter.com/NABS_Podcast

Not Another Business Show is edited and produced by Corporate Podcast Production
www.corporatepodcastproduction.com.au

Women in Business Pt 3

Continuing our theme of women in business today we talk with 2 interesting females from the Northern Hemisphere.

 

Ling Wong describes herself as a business coach with nuances. With a background in architecture and having worked in a New York ad agency Ling enjoys combining her intuition and creative abilities with her love of marketing and process. Ling shares her strategies on ‘honest marketing’ along with why she believes we all need to embrace Tad Hargraves definition of niching as opposed to being wedded to the idea of a rigid niche.

 

If you’d like to connect with Ling or learn more about her business you can check out her website at:

www.business-soulwork.com

 

Melinda Chen is the child of entrepreneurs, her passion is helping female entrepreneurs attract and close big clients. Melinda has held a sales executive role for around 20 years and went out on her own 5 years ago, unlike a lot of my guests though Melinda has chosen to continue working within her corporate field in parallel to running her own business. She has decided to do that so she can keep her hand in (so to speak) attracting and retaining big clients. Her 2 – 5 formula is a practical way to assist anyone who is interested in pursuing a larger client base.

 

If you’d like to find out more about Melinda’s business or connect with her then you can check her website out at:

www.womenmakingbigsales.com

 

This week we welcomed our first sponsor to Not Another Business Show. Steve Fazakerley is the founder of “Ecoh’s”, a business redefining messages on hold. Ecoh’s puts the CEO or business owner in the centre of content creation. From audio with your message on hold, to an article designed for your website and social media posts Ecoh takes our message and ‘ecoh’s’ it across your entire marketing platform.

 

If you’d like to find out more about Ecoh and how your business could work with Steve then connect with his Facebook page at:

https://www.facebook.com/ECOHS-1273171882733794/?fref=ts

 

As always big thanks to you for listening each week. If you haven’t left a review yet, please jump over to iTunes and take a few moments to help the show out. While you’re at it make sure you connect with me on social media:

 

Facebook: https://www.facebook.com/NotAnotherBusinessShow

Twitter: @NABS_podcast

 

Not Another Business Show is edited and produced by Corporate Podcast Productions. Tracy chooses to use Apogee microphones and audio hosting is through Blubrry.