237. The Phelan Feud | A True Story of Succession

The Winning Momentum Podcast with Scott Sinclair

Welcome to the Winning Momentum Podcast!
In this episode, we dive into the dramatic true story of the Phelan family, who built and battled over one of Canada’s largest food service empires, Cara Operations. Our special guest, award-winning author Stephen Kimber, takes us through his new book, "The Phelan Feud."
Episode Highlights:
Introduction:
Scott Sinclair introduces author Stephen Kimber and his book, "The Phelan Feud."
About the Book:
A gripping family saga of power struggles, wealth, and business in Cara Operations.
Parallels to HBO's "Succession."
Key Discussion Points:
Paul James Phelan’s leadership and its impact.
Family dynamics: Gail’s drive, Paul David’s reluctance, and the sisters’ battle for control.
The role of consultants and lack of clear succession planning.
Lessons on managing family and business separately.
Personal Stories:
Intense family conflicts and their effects on the business.
The impact of entitlement and substance abuse on family relationships.
Conclusion:
Reflections on the importance of storytelling in business.
Key takeaways for entrepreneurs and family businesses.
BUY THE BOOK - it's fantastic and available everywhere.
Follow Stephen:
@skimber - Twitter
http://linkedin.com/in/stephen-kimber-05a86019 - LinkedIn
https://www.facebook.com/share/ErN9Co5YT5M92vGk/?mibextid=LQQJ4d - Facebook
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