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The Family Teams Podcast

Ep. 171 | The Impact that Family Businesses can Have on Society

The Family Teams Podcast

Jeff Bethke

Religion & Spirituality, Kids & Family, Christianity, Parenting

4.9729 Ratings

🗓️ 13 September 2019

⏱️ 7 minutes

🧾️ Download transcript

Summary

Jeff Bethke and Jeremy Pryor talk about the impact family businesses can have on society.

Follow Family Teams on Instagram (http://www.instagram.com/familyteams) and join our Five Minute Fatherhood Facebook group to chat about today's episode: https://goo.gl/jXeMSk

Watch Five Minute Fatherhood on YouTube here: https://goo.gl/NXx5bf

Transcript

Click on a timestamp to play from that location

0:00.0

How do you develop a family legacy that actually like spans the test of time?

0:09.6

Hey guys, welcome to the Five Minute Fatherhood podcast. I'm your co-host, Jeff Bethke,

0:13.5

along with my friend and mentor, Jeremy Pryor. Join us Monday through Friday as we chat about

0:17.6

quick tips, skills, and ways to help equip you on your journey as a father

0:21.6

to build your multi-generational family team on mission. Stay tuned.

0:30.5

What's up, guys? Welcome to another five-minute fatherhood. We want to talk about the impact

0:34.8

that family businesses can have on society. So one example of this that

0:40.3

it gets a lot of press, obviously, is the company Chick-fil-A. And what we're talking about today

0:45.8

isn't necessarily having a political conversation. I know that they've waded into those waters.

0:50.4

What really fascinated me, what I wanted to tease out, Jeff, get your impression on

0:54.7

was when I discovered that Truett Cathy, who started Chick-fil-A, actually had a covenant that he

1:01.4

insisted that his children sign in order to get access to the business. So let me read a little

1:07.7

bit about this. This is, according to Business Insider, Chick-fil-A founder S. True,

1:11.7

Kathy wrote in a memoir titled, Eat More Chicken,

1:15.2

inspire more people, that he presented his children with a covenant

1:18.9

to always uphold the company's Christian values as it becomes a major force in the culture,

1:24.4

which included philanthropic work, never opening on Sunday, and never

1:29.3

taking the company public. We will be faithful. This is a quote from the covenant.

1:34.9

We will be faithful to Christ's lordship in our lives. Kathy's covenant stated, as committed Christians,

1:41.5

we will live a life of selfless devotion to his calling in our lives.

1:46.9

We will prayerfully seek his leadership and all major decisions that impact our family and others.

1:54.1

Our family roles as spouses to our lifelong mates, parents to our children, and loving aunts and uncles will be our priority.

...

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