Welcome to Price Discovery: Money & Mindset!
This is Episode #8 and you’ll hear Host Jordan Rodriguez interview leaders from the 4th generation (Bill Steel and Pam Bard Steel) and 5th generation (James Steel and Megan Kimbell) of Bard Manufacturing. Check out the video episode on YouTube and listen to the audio episode on Apple Podcasts, Spotify, and your other favorite podcast spots – Follow and leave a 5-star review if you’re enjoying the show!
Episode Summary & Player
Show Notes
Learn more about Price Discovery: Money & Mindset
Price Discovery: Money & Mindset Episode #8: How to Run a Successful Multigenerational Family Business with Bard Manufacturing
In 1914, Dale Bard launched Bard Manufacturing Company in Bryan, Ohio. Today, Bard Manufacturing is an international leader in the commercial heating and cooling industry known for its integrity, quality products, and exceptional customer service. In this episode, Host Jordan Rodriguez interviews leaders from the 4th Generation (Bill Steel and Pam Bard Steel) and 5th generation (James Steel and Megan Kimbell) of Bard Manufacturing. Hear how the family mission and vision statement have influenced the company culture, how to keep a family business going and thriving over several generations, how to integrate external talent within your Board of Directors and leadership team, how the company has pivoted over time, and why it’s so important to keep it a family business. This episode covers everything from family business to leadership. Here’s a small sample of what you will hear in this episode:
How have the family values influenced the company culture?
What does the Board of Directors look like for Bard Manufacturing?
How many non-family members are on the leadership team?
Where does Bard Manufacturing recruit?
What does their expansion outside the US look like?
How do they prepare the company for leadership transitions?
Who else has a seat at the table on these important decisions?
Learn more about Bard Manufacturing at BardHVAC.com and check out the flipbook celebrating their 110th anniversary: https://online.flippingbook.com/view/912787504/
Connect with Jordan at WSWealthManagers.com.
Show Notes
How to Run a Successful Multigenerational Family Business with Bard Manufacturing
[0:15] Welcome to Price Discovery: Money & Mindset
[0:44] Learn more about Bard Manufacturing at BardHVAC.com and check out the flipbook celebrating their 110th anniversary: https://online.flippingbook.com/view/912787504/
[2:52] Connect with Jordan at WSWealthManagers.com
[2:18] How have the family values influenced the company culture?
[3:19] How have family members been involved in the business over the years?
[4:55] How do you keep future generations interested in the family business?
[6:32] What does the Board of Directors look like for Bard Manufacturing?
[9:04] Who throws the flag most often?
[9:32] How many non-family members are on the leadership team?
[11:05] How has the company pivoted over time?
[12:44] Where does Bard Manufacturing recruit?
[13:19] How has technology (tech) influenced the company over time?
[14:42] What does their expansion outside the US look like?
[16:08] How do they prepare the company for leadership transitions?
[20:00] The Antinori family in Italy.
[21:22] How do they celebrate the company’s legacy?
[23:40] How do they approach financial planning?
[26:02] Who else has a seat at the table on these important decisions?
[26:45] How important is it for Bard Manufacturing to give back to the community?
[29:19] How did they put together the company vision?
[31:38] What final thoughts do they have?
[32:40] Learn more about Bard Manufacturing at BardHVAC.com and check out the flipbook celebrating their 110th anniversary: https://online.flippingbook.com/view/912787504/
[32:08] Subscribe to Price Discovery: Money & Mindset on your favorite podcast platform and YouTube, and learn more about Jordan at WSWealthManagers.com
[32:19] Price Discovery: Money & Mindset is brought to you by Wernick Spear Wealth Managers and Chagrin Valley Business Strategies. Opinions expressed by Jordan and guests are their own and do not represent investment advice, solicitation, or the like.
What is Price Discovery: Money & Mindset?
Wealth. Business. Personal finance. Each episode, hear thought leaders, business owners, and finance experts share their tales of successful entrepreneurship, innovative financial strategies, and the art of balancing wealth with personal fulfillment. Hosted by Jordan Rodriguez, CFP, CEPA, a seasoned expert in wealth management and business consulting. Presented by Chagrin Valley Business Strategies and Wernick Spear Wealth Managers.
Comments