Episode #20
Ownership in the Family Firm: What Are Our Roles and Responsibilities?
What does it really mean to be an owner in a family enterprise? In this episode of Family Business Matters, Family Enterprise Center co-founders Cooper Biersach and Steve Miller explore the three questions every owner must address to provide effective stewardship and leadership for a family enterprise: What is unique about the role of owners in a family enterprise? Why are we in business together? What are the owners' most important responsibilities? Drawing on decades of experience working with family-owned enterprises, including Steve's 34 years with Biltmore Estate, Cooper and Steve discuss how family owners create direction, define shared purpose, and develop an ownership strategy that guides boards, management, and future generations. Listeners will gain practical insights into building alignment around purpose, vision, priorities, and long-term stewardship. Whether you are a founder, next-generation owner, or family shareholder, this conversation offers a framework for strengthening ownership and creating a shared future for your family enterprise. Listeners can continue their family enterprise learning by exploring our upcoming virtual and live programs in our podcast notes, including a deeper dive into the topic of ownership in our virtual masterclass, and our in-person Fall Family Business Forum. In Notes: Get Connected Ownership Masterclass 13th Annual Family Business Forum
