What people are saying about THE BALANCE POINT

Business owners, professional advisors for privately held and family businesses, and educators share their thoughts on the concepts explained in THE BALANCE POINT.


What a great book. For a closely held business, it really explains how to create a system that creates long term value. You can get lots of information from lots of other sources, but very few are as relevant to a family business. Especially, one that is thinking about growth and transition. Great job.

Patrick Duininck, Owner and President
Royal Tire, Inc., St. Cloud, Minnesota


“This book saved me 20 years of
research and experience.”

As an Organizational/Business coach based in Australia, I was excited by every page and chapter of Larry and Cary’s book. Working with SME’s (Small to Medium Enterprises) which by definition have Entrepreneurs as the driving force; I was finding the challenge of having Entrepreneurs engage with any Governance process such as a board of directors most frustrating and often impossible to implement. Since reading the book and understanding The Balance Point as a concept, I now find myself working WITH the entrepreneur rather than going against the grain. Congratulations Larry and Cary I am sure you are the vanguard of a new way to work with Family style business!! Thanks... as mentioned you have saved me 20 years of mistakes; tapping into your experience will make me a more effective business coach immediately.

Wayne Bubb, Managing Director and Senior Coach
Business Coaching Systems, Perth, Australia
FFI LONDON 2008—PRECONFERENCE WORKSHOP PARTICIPANT


THE BALANCE POINT is as much a "How to" on small business growth, control, and succession as it is about Boards of Directors. Boards of public companies is a model that simply won't work for a closely-held or family business, which is what almost all growth-based entrepreneurial firms are. If I were still teaching Entrepreneurship in graduate school, as I did for ten years, this would be required reading.

Norm Stoehr, Entrepreneur


I read THE BALANCE POINT and found it helpful in understanding my role as an advisor on family farm boards.  I marked your comments on the "Board of One" on page 30.  This was useful to me in working with farm clients.  The "Board of One" concept seems to apply quite often in my engagements with farm clients in helping them to understand their future role with the farm. Being the “balance point” keeps them involved and makes them feel more accepting to the transition process.

Joe Kluender 
Family Business Advisor


Their ideas are a real paradigm shift. People are used to the idea of boards that give advice to company management. This book will help owners understand the role of true directors, who balance the needs of the owners with the needs of the business.

Jim Burns, President, Burns Engineering


This book should be a terrific guide for all business owners.

Dianne Wilson Carlson, Owner, Wilson Tool International Inc.


This book should be a must read for owners and managers of any closely held company who want to minimize the significant risks associated with transitions among owners, managers, and family. A long-time client of mine has implemented many of the concepts presented by Cary and Larry. It is not an exaggeration to state that their approach has been life changing for the owners and nonfamily management of this highly successful manufacturing firm over the last five years. Among other things, the founder/owner/president/CEO/board chair evolved from [relying on] a strong board of advisors to an even stronger board of directors, hired a nonowner president, and is genuinely and comfortably pulling away from the business and recognizing the board as a true balance point between the business and the owners.

Orie Beucler, Business Consultant


THE BALANCE POINT offers practical guidance on a much deeper level than other books intended to help businesses in transition. This book explains what owners, managers, and directors need to learn to navigate transitional issues successfully.

Abigail Barrett, National Business Consultant and
Owner, Leadership Transitions Inc.


I am halfway through THE BALANCE POINT and it is one of those rare texts that is a guide to real, practical action. Well done.

Anthony Keating, Executive Director
Hunter Centre for Entrepreneurship
University of Strathclyde, Glasgow, Scotland


I learned that when I separate the roles of owners, board members, and management, I open up the possibility for my children... to continue to own this company.

Tom Schlough, Owner and CEO, Park Industries Inc.


Brilliant! Using the owner, board, management model with my business clients has met with resounding sucess. The authors have created a unique and in-depth relationship of accountability that points the way to smoother and more sustainable transition planning. Using this model, the family buiness can navigate the transition waters with a clear and exciting long-term plan.

Iris Cornelius, Ph.D., Consulting Psychologist,
Cornelius & Associates, LLC


THE BALANCE POINT provides a fresh and thought-provoking perspective on the role of boards in private businesses. The enterprising angle from which the authors approach the subject creates exciting alternatives for business owners who have sometimes discounted the importance of process and governance. The book provides keen insights into the unique challenges business owners face; more importantly, it presents numerous examples of pragmatic solutions.

Ann Kinkade, Director, Family Business Center,
University of Wisconsin–Madison


The Balance Point concept changes paradigms by recognizing the obstacles for family business that are as predictable as they are permanent.  It defines a system that can fairly and genuinely accommodate the challenge. 

John Vamos, founder of Business Coaching Systems
Sydney, Australia


The alternative board structures provide owners with practical information to help them put together and train a board that works for their unique situation rather than solely on a "one size fits all approach."

Glenn Ayres, former President of the Family Firm Institute and
Business Consultant with Doud Hausner & Associates


The clarity in describing the problems and solutions is a welcome relief and will be a great help to readers. THE BALANCE POINT doesn't shy away from the difficult issues, but offers pragmatic ways to solve them.

Marilyn Mason, Ph.D., National Consultant and Noted Author


Thanks for sending me a copy of your book. I’ve had an opportunity to look through it. Your notion of the balance point has resonances with one of the dimensions of CEBC’s model of ethical culture which we call stakeholder balance. If I correctly understand your concept, you are looking in depth at the balance between two stakeholder groups, owners/investors and managers. I very much appreciate your focus on clarifying roles and responsibilities. I hope the book is being well received and that it is helping grow your business.

Bob Shoemake
Director, Programs and Membership
Center for Ethical Business Cultures