In this episode, Roger North and Gina Breslin dive into the complex world of ownership structures for privately-owned companies, including the often-debated 50/50 partnership model. Together, they analyze the pros and cons of different ownership models, highlighting that successful business strategies go beyond numbers. As Roger puts it, “When you’re in a privately-owned company, relationships should lead transactions.”
Roger and Gina discuss the importance of long-term purpose and vision, noting that in their experience, the most successful organizations focus less on maximizing immediate value, distributions, or salaries. They also explore the unique challenges family-owned companies face, stressing the heightened need for nurturing relationships. Ultimately, they emphasize that there’s no one-size-fits-all approach, and each company must find the structure that works best for them.
You can watch Episode 42 of The North Group Podcast here or find our podcast on Spotify or Apple Podcasts!