
Episode 51: Creating a Lasting Legacy—Matt Eyre on Entrepreneurship and Family
The BizDad Podcast · Adam La Barr
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Show Notes
"I just want to be able to teach my kids about investing as soon as possible—and I want to try to leave a legacy for them. Now, I just want them to be proud of me." —Matt Eyre
Matt Eyre shares his transition into the family business, Airbus Service, and his role in co-founding Air Heavy Duty Fleet Services. The discussion delves into raising athletic children, sustaining a lasting marriage, and leveraging mentorship and leadership frameworks for business growth. Discover how Matt integrates family priorities with entrepreneurial endeavors, emphasizing the importance of leaving a lasting family legacy.
Takeaways
- Family is more important than business, and it is crucial to prioritize and emphasize family values.
- Creating and communicating core values within the family helps build a strong and harmonious family unit.
- Core values should guide decision-making and actions in both personal and professional life.
- Having the right team is essential for business growth and success.
- Leaving a legacy for children involves equipping them with the tools and knowledge to be successful in life.
And much more!
Connect wth Matt:
Eyre Bus Service: https://eyre.com/
Timestamps:
00:00 Intro and Background
00:40 Family and Business
04:49 Transitioning to the Next Generation
06:39 Passion for Sports and Skiing
08:06 Health and Retirement
09:14 Annual Ski Trips and Helicopter Skiing
13:13 Sports and Athletics in the Family
16:01 Building a Relationship
19:19 Working Outside the Family Business
22:18 Planning for the Future
23:29 Keys to a Successful Marriage
26:53 Implementing Lessons Learned
30:26 Taking Massive Action
31:36 Leaving a Legacy
31:50 Involving Family in Vision and Goals
36:09 Kids in Sports
38:34 Balancing Pushing Kids and Avoiding Overwhelm
42:45 Creating Memories
51:29 Family Board Meeting
55:24 Family Harmony
57:25 Avoiding Dysfunction
01:02:36 Open and Honest Communication
01:03:14 Family in Business
01:04:11 Defining Core Values
01:06:29 Creating Core Values as a Family
01:07:26 Aligning Actions with Core Values
01:08:14 Using Core Values in Business and Family
01:10:02 Involving Children in Core Values Discussion
01:13:08 Implementing Core Values in Daily Life
01:14:08 Business Goals and Growth
01:16:30 Expanding Business through Acquisitions
01:19:00 Building a Buy Box for Acquisitions
01:21:13 The Importance of Having the Right Team
01:22:21 Starting a Maintenance Division
01:26:11 Focusing on Core Business
01:27:26 Leaving a Legacy for Children
01:29:25 Teaching Children about Investing
01:30:36 Children Choosing Different Paths
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