How executive coaching can help your family business did you know that most of the nations wealth lies in family owned and controlled businesses according to reuters 80 of the american workforce is employed by a family business 35 of fortune 500 companies and 60 of all public companies are owned or controlled by families . In family businesses a successful approach for family members combines developmental and performance coaching and emphasizes the family values this approach tackles the need to build leadership in future generations by helping individuals develop their own unique abilities and skills in the context of the family business. Peak workout business coaching has identified a series of key skills that are needed to succeed in every family business skills are classified into individual business and family levels and their practice is designed around each familys unique developmental needs. Evidence suggests that coaching is growing more quickly outside of high income areas in regions such as latin america and the caribbean coaches are looking confidently to the future and expecting an increase in demand during the next 12 months leading to predicted growth in annual coaching revenue. Business coaching making your dreams a reality building a successful business is one of the most challenging things you can do and entrepreneurs are a special breed whether youre the founder of an international corporation running a family business or launching a start up you are under a unique set of stressors and responsibilities
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