In a compelling interview with Authority Magazine, Matthew Guarracino, Principal and CEO, shares invaluable insights from his journey leading a successful family business. Guarracino reveals his “Family Business Blueprint,” highlighting five essential principles including compartmentalizing business from personal matters, prioritizing clear communication, building on family trust, checking egos at the door, and practicing empathy during challenging times. Drawing from his experience working alongside his father and brothers for over 17 years while maintaining strong family bonds, Guarracino also offers practical wisdom on succession planning, navigating disagreements, and handling unexpected challenges like the COVID-19 pandemic. Discover how our second-generation leader balances both relationships and revenue while guiding our team of 200 employees.
You can read the full interview here: https://medium.com/authority-magazine/the-family-business-blueprint-matthew-guarracino-of-jm-electrical-on-managing-relationships-and-3fb3624e5f19