Welcome to KMT Partners podcast sessions
At KMT Partners we are passionate about what we do. We love working with the passionate people that comprise our clients – the founders and owners of family enterprises who have embraced the challenge of evolution and renewal. We’ve invited them to feature in our podcasts alongside leading experts from across our network. We interview new, emerging and established businesses to address these key themes, telling behind the scenes stories about their business and providing advice on meeting the challenges common to us all.
Ahead of the Game
Keep yourself Ahead of the Game!
Our guests are small, medium or family-owned businesses – many of whom are KMT Partners’ clients across South Australia – alongside industry experts. We talk about wealth, growth, renewal and evolution of family enterprise across the generations, taking on challenging topics of succession and governance. Through our alliance with The University of Adelaide’s Thinclab, we interview start-ups, entrepreneurs and launchpad businesses seeking new markets overseas.
Episode 17: Jean Cannon (The business of changing lives)
Jean Cannon is a Clinical Hypnotherapist who has committed much of her life to studying and understanding the power of the mind. With formal qualifications, it is her life experiences that set her apart. Overcoming physical disabilities as a child, family traumas and breast cancer, inspired her to change the lives of others as well. To find out more about it, click and listen.
Episode 16: Business Risks (Changing the Game Part 5)
KMT Partners continues on with their “Changing the Game” podcast mini-series. In this episode, Lachlan Kennet will be providing us with some short and sharp tips and insights on business risks. To find out more about it, click and listen.
Episode 15: Dan Smith (Startup accelerator or a business program?)
Being exposed to various startup and new business programs, Dan Smith, a country manager for Mass Challenge provides us information about which program is more suitable for you? A startup accelerator or a new business program?
Episode 14: Assessing Personal Risk (Changing the Game Part 4)
We continue our theme of Changing the Game with Lachlan Kennet, providing us information on how to assess personal risks.
Episode 13: Kathy Toth’s lessons learned over the years in business
A business consultant and Chair at KMT Partners, Kathy shares her story over the years in the business industry and how it has evolved over time.
Episode 12: Business Succession (Changing the Game Part 3)
In this podcast, we’ll discuss some short and sharp tips and insights on business succession.
Episode 11: Prof. Adam Steen (Estate Planning Crisis)
Adam is a professor at Charles Sturt University and has conducted several kinds of research that have been published in leading journals globally. In this episode, Prof. Adam will talk about his estate planning research and the potential risks accompanied by bad estate planning.
Episode 10: Retirement Planning (Changing the Game Part 2)
In this episode, we continue our theme of Changing the Game with our very own Lachlan Kennett, providing us with short and sharp tips and insights on planning and funding retirement.
Episode 9: Investment Fundamentals (Changing the Game Part 1)
This is this episode, we will be focusing on “Changing the Game”, which talks about various aspects of your own personal finances and the fundamentals of investing.
Episode 8: Best Practice for Business Owners (Entrepreneur Education Part 3)
In the last episode of our theme of Entrepreneurship Education, we finish off by talking with John Peterson (Founder) and Michael Parsons (Management Consultant) from Best Practice focusing on the biggest issues that small business owners faces, succession planning, capital and cash flow, and the challenge of gaining further education while running a business.
Episode 7: Prof. Noel Lindsay (Entrepreneur Education Part 2)
In this episode, we continue our theme of entrepreneurship education with Professor Noel Lindsay. We talk about his story, as well as the role of universities in entrepreneurship, global entrepreneurship trends, creating ecosystems.
Episode 6: Prof. Fredric Kropp (Entrepreneur Education Part 1)
Fredric has been a professor of entrepreneurship and innovation at Middlebury Institute of International Studies in California and also at the University of Adelaide. We talk about key attributes of successful entrepreneurs, key fundamentals for teaching entrepreneurship, the emergence of social entrepreneurship and much more.
Episode 5: Eddy Collett (co-founder of Sunlight Liquor)
Eddy’s journey started with a passion for beekeeping and which has morphed into a unique company that is reimagining how honey and alcoholic beverages can be used together.
Episode 4: Stacey George (founder and owner of Smart Art)
Stacey and her husband persevered with their dream when the banks would not back them by finding their own private funding for the high-end picture framing business.
Episode 3: Lauren Whiting (Physiotherapist venturing into allied health services)
Lauren has gathered a wealth of knowledge from her parents’ background in family business to owning her own bricks and mortar and online large size shoe store and is putting it to the test with her new venture.
Episode 2: Joe Leaver (Mobile Piano turning and restoration)
Tune in to hear about Joe’s transition from policeman to mobile piano tuning and restoration, to mobile and storefront owner with business in both Adelaide and Melbourne. Joe’s story involves business start-up, progression, restoring century-old pieces with rich history and expansion from pianos to furniture restoration.
Episode 1: Introduction
Tune in for a description of what is to come on Ahead of the game. This podcast is for people interested in personal and business growth. In each episode, we’ll bring you 30 minutes of actionable insights to help keep you and your business Ahead of the Game.
Family Business Succession
Michael Fox, our Managing Director at KMT Partners, is an expert in family business. He has years of intensive experience in the family enterprise, providing guidance on family wealth management, wealth strategy, family governance, financial services and family enterprise succession. His primary pursuit is supporting family enterprises and emerging businesses in renewal, value building and transition to the next generation. Collaborating with owners and family members, he draws on his involvement in Family Business Australia and leadership (and accreditation) of STEP (the Society for Trust and Estate Practitioners) to counsel navigating confronting situations, imparting advice in their business model, strategy, management, and governance to guide their success. Listen now.
Episode 7: The guidance of a family office to build future opportunity
To be successful in a multi-generational family business, sometimes it’s a matter of a conversation with somebody who’s got a significant background in this area and having them on hand to assist you in dealing with diverse and complex scenarios. In this podcast, we talk about having this type of person available to you as part of your family office.
Episode 6: Planting a seed beyond the family enterprise
In this podcast, we discuss investing outside of the traditional family business. This may sound like an oxymoron but, just as anyone working for or in a business, we want to pay off our house or into superannuation, so that we can prepare for future needs and build wealth. The same is true for aspirations of individual family members in a family business, with the added complication of being in a family business! They may have ambition to provide a future source of wealth, interest and challenge for future generations, so investing in another type of business or industry may become an option.
Episode 5: Unpacking family business succession by aligning values
In this interview with our Managing Director and resident family business expert, Michael Fox, he talks about aligned family values as the glue that secures proper governance in a family enterprise.
Episode 4: Keeping it together in a family enterprise
Whether you are a public company or a private enterprise, let alone a family-controlled private enterprise, the future relies on the financial horsepower and the values held by the overall organisation. These values and how they relate to the business and family can nurture every aspect of aspiration, from whether it’s employment, ownership, or just being a family member. In this podcast, we talk about keeping it together in a family enterprise.
Episode 3: Conflict! When it gets ugly in a family business
Conflict is inherent in any business but, with a family business, there are also inherent complications. Are you creating foundations and living up to the next generation’s social aspirations, and the social aspirations of the founding generation? How can you identify, prevent and manage conflict? All of this is extremely important, often for the extended family’s continued harmony, as well as the health of the business itself.
Episode 2: The challenge of transition in a family business
In this podcast, we talk about the challenge of transition, particularly how to do it to ensure business continuity. How do we plan for the potential impact on the business, the people, brand reputation and sales?
Episode 1: The fundamentals of family business succession
We kick off the series by focusing on some of the fundamentals of family business succession. Getting your values right and planning to hand over the reins. If you listen to this episode and want to know more obviously continue to listen to the series. But you can go even deeper by reading Michael’s family business succession paper titled Riches to Rags in Three Generations.