
Look towards the future of your family and business
Meet David
I’m a proud fifth-generation member of a family business. The family-owned business is in my blood. That’s why after years of working with many prominent companies, I left the corporate world behind to realign my work with my purpose: taking a faith-infused approach to sculpting the family business. I’m a proud family man and a purpose-driven businessman. I’m passionate about education, growth, and improvement and I’ve spent a lifetime cultivating my God-given talents to focus my pursuits outward and empower multi-generational family businesses through skilled coaching.
My legacy is all about helping you create your own. My decades of hands-on experience in the industry and appetite for personal development have equipped me to foster aspiring and established business owners who are ready to take their family-owned enterprise to the next level. My purpose led me to my passion. Together, we’ll discover your purpose and you’ll lean into the passion of growing your legacy.
My background pulls deep from the well of experience, as I’ve worked in a variety of industries including agriculture, real estate, development, logistics, business-to-business transaction, property management, the tech sector, various trades, and commerce.
Together, we’ll honor the past and build a promising future.
Certifications
Professional Certified Coach
Board Certified Coach
Birkman, Hogan, and Marshall Goldsmith Stakeholder Centered
- Coaching CertifiedMaster Certified Executive and Leadership Coach | Principal
MA in Organization Development and Leadership
Certified Family Business Advisor Certified Family Business Advisor
- The Family Firm Institute - FFICertified in Private Company Governance
- Private Directors AssociationChange Agent
“I believe in fostering collaboration, nurturing relationships, and empowering the entrepreneurial spirit within family businesses.”
— David Krull
The Approaches
3-Circle
The 3-Circle Model offers holistic support and addresses relationships between family, ownership, and business. This framework provides key insights into the unique dynamics and challenges that arise at the intersection of these three circles.
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By recognizing the complex interplay between family dynamics, ownership structures, and business operations, we can develop a tailored strategy that promotes harmony, effective governance, and sustainable growth.
Creating a thriving model of governance for family business requires attention to detail in all three areas and how they intersect with each other. By adopting this model, an organization can clarify functioning roles of individual stakeholders and their relationships to each other. Acknowledging each crossover holds space for the individual and his or her unique perspective. This model validates all roles and legitimizes each perspective as valuable and important.
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By giving space for the complexities of business and family relationships, this model can help families manage relationships and potential power struggles in and out of the office. We’ll share tools that will help compartmentalize different areas of your life so you can fully enjoy all of them.
F-PEC Scale
The F-PEC Scale, or Family-Business Psychological Empowerment Climate, is a tool used to assess the psychological climate within your enterprise. This scale measures a family’s influence over their organization by examining the relationship between ownership, governance, and management.
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The F-PEC Scale measures influence by breaking down each relationship within the model: Power, Experience, and Culture. A closer look at each of these components can hone in on where an organization needs to improve their influence, or power, within the purview of their organization.
Here’s the breakdown:
Power:
• Direct and indirect ownership
• Governance among family and non-family directors
• Family and non-family management
Experience:
• Generation in ownership
• Generation in governance
• Generation in management
• Number of contributing family members
Culture:
• Overlap between family values and business values
• Family business commitment
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The F-PEC Scale can help family members manage the complexities that exist in running a family business. In the corporate world, most leaders don’t have to go home and have dinner with their CFO. The F-PEC Scale can help you identify ways to create a balance between time at home and in the business.
F.I.B.E.R
F.I.B.E.R. is a model used in dynastic succession.
F - Family control and influence
I - Identification of family members
B - Building social ties
E - Emotional attachment of members
R - Renewal of family bonds through succession
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The FIBER business model is designed to foster growth, innovation, and harmony within family-owned enterprises. FIBER stands for Family Involvement, Intergenerational Succession, Business Governance, External Partnerships, and Resilience Planning.
This model emphasizes the importance of involving family members in key business decisions, planning for smooth transitions between generations, establishing effective governance structures, fostering strategic partnerships with external entities, and preparing the business to adapt and thrive in the face of challenges. By following the FIBER model, family businesses can cultivate sustainability, continuity, and prosperity for years to come.
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While planning for a dynastic succession, some of the questions you’ll address and plan for within each faction of the F.I.B.E.R. model include:
F - How many shares are owned by the family? How much control or influence do they have?
I - To what extent does each family member perceive their sense of belonging to the family business? What is the brand recognition of the family name?
B - How enmeshed is the family within the local community? Are the non-family employees treated the same as family?
E - How much does emotion play into business decisions?
R - How important is legacy preservation to the family? How important is tradition to the family?
Elevate Your Business
Bring Your Business
Vision to Life
From cultivating brand loyalty to expanding your business portfolio, the goal is for you and your family to unleash your abilities and reach your full potential.
Re-Align Your Family Relationships
Work in harmony alongside your closest loved ones and enjoy the satisfaction of an aligned vision. You will be each other’s greatest support system in life and business.
Refine Your
Business Acumen
Sharpen your instincts. Improve your knowledge in all aspects of your business: the numbers, the systems, and your own family relationships.
