meta_pixel
Tapesearch Logo
Log in
How To! with Mike Pesca

How To Fire Your Daughter

How To! with Mike Pesca

Peach Fish Projects

How To, Education

4.32K Ratings

🗓️ 22 October 2019

⏱️ 30 minutes

🧾️ Download transcript

Summary

Kyle wants to sell his 50-year old family insurance business so he can finally retire. But a troublesome employee is holding him back: his daughter. In this episode of How To!, Harvard Business School professor Christina Wing tries to help Kyle figure out how to sell his company without sabotaging their relationship. But if you have to fire your daughter, is it ever strictly business?

Slate Plus members get bonus segments and ad-free podcast feeds. Sign up now.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Let's say you go in you have this conversation and your daughter says you're my dad like I

0:05.4

I deserve part of this ownership. She does not do things like I want her to do them

0:11.2

you know I still think I'm the boss, I'm the owner, and I would not be

0:16.8

surprised if we did sell it that within a year the other three fired her. How do you feel about that?

0:24.0

She's been warned.

0:30.0

Welcome to how to

0:31.0

I'm Charles Duig. Each week we talk to listeners like you who are trying to figure

0:37.1

out how to solve a problem like how to break your phone addiction or how to

0:41.2

uproot your life. This week we have a listener who's trying to uproot your life.

0:43.0

This week we have a listener who's trying to start a new chapter in his life,

0:46.2

but he doesn't quite know how.

0:48.6

Meet Kyle from Texas.

0:51.1

I've been in the insurance business since 1980. It was a family business that my dad started in 1973.

0:59.0

And how many employees do you have?

1:01.0

I have four employees, all female female and have you enjoyed being in

1:05.1

the insurance business? Well I really have never met anyone that I am going to be an insurance agent and then

1:17.8

also I've never met anyone that retired from the insurance business that says,

1:22.8

damn, I really missed that.

1:24.8

And you're 64 now, is that right?

1:31.8

Well, actually, I turned 65 two weeks ago. Oh congratulations I guess.

1:39.8

Kyle wants to retire but but he doesn't want to shut down his company.

1:43.8

He says he wants to sell it to his employees and then live off of the proceeds of the sale for

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Peach Fish Projects, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Peach Fish Projects and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.