EP46 Successfully Running a Large Family Business

<p>Starting your own business is a great option for building wealth, but becoming so successful that you can create a foundation for generational wealth is the dream.</p><p></p><p>Ryan Margolin, CEO of Professional Hair Labs, is joining host Patty Post of Checkable Health, to discuss the ups and downs of running a large family business. He shares what inspired his father to found the company in 1994 and their venture into manufacturing.</p><p></p><p>With a background in marketing and sales, Ryan helped revitalize Professional Hair Labs after a stagnant 15 years, putting the focus on branding and using a customer-first motto. He details his steps, the challenges they encountered on their journey, and how he dealt with the rise of counterfeit products.</p><p>Ryan also shares awesome tips for finding the perfect work/life balance and lessons he's learned through the company's growth.Tune in to learn how Ryan and his family have persevered over four decades!</p><p></p><p>Topics discussed in this episode:</p><p></p><ul><li>Founding and growing Professional Hair Labs</li><li>Combating counterfeit products</li><li>Operating a successful family business</li><li>How to deal with the stress of work</li><li>Getting the most out of networking events in a short amount of time</li><li>Ryan’s TED Talk experience</li><li>The influence of your circle</li><li>A new focus on personal branding</li><li>Taking on their own manufacturing</li><li>Ryan’s tips for entrepreneurs</li></ul><p> </p><p></p><p>Learn more about Professional Hair Labs on their website: <a href="https://www.prohairlabs.com" style="background-color:transparent;color:rgb(17,85,204);">https://www.prohairlabs.com</a></p><p></p><p>Watch Ryan’s TEDx Talk here: <a href="https://www.ted.com/talks/ryan_margolin_the_blueprint" style="background-color:transparent;color:rgb(17,85,204);">https://www.ted.com/talks/ryan_margolin_the_blueprint</a></p><p></p><p>Connect with Ryan Margolin:</p><p><a href="https://www.instagram.com/professionalhairlabs/" style="background-color:trans