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Working With Siblings In Insurance – Your How To Guide

Posted on August 25, 2023 by Kelly Donahue Piro

How does your family handle working with siblings in an insurance?

Sibling relationships can be challenging. You love each other but there is always a little frustration under the surface. Many siblings start working together in their family business – but not all of them would chose each other as business partners. When working with your siblings its important to know you fully know each other’s strengths and weaknesses. You need to focus on celebrating each other strengths and filling in (not challenging) each other’s weaknesses.

All too often siblings have a each other – and then the rest of the family. If you weren’t siblings your Aunt probably would not care quite as much about the family business. In order to survive and thrive being siblings and business partners you need to do the following:

1) Ensure you recognize 2 relationships business partners and family

2) Stick to meetings

3) Have clear job descriptions

4) Keep work out of family events and keep family out of the office

5) Champion each other

Running a family business is not easy but it is rewarding. Making it work as business partners is something that will require work and dedication. You have to both commit to a family first mentality.

Check out the APP Resources on Working With Siblings In Insurance

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