In this new season, we’re kicking off not with a founder or next-generation, but a legal expert and a strategic business advisor, Mr. Theodore Albright.

He highlights the need to define family, form a family council, and create a family constitution to guide operations and boost success.

He further emphasizes on business assumptions, key success factors, and the fixed mindset to consider when starting or growing a business.

In our inaugural episode of FBD on the Streets, Mary chats with Mrs. Harriet Hilda Nkansah, manager of Ogray's Special Aboboi & Tatale, a beloved food business started by her mother decades ago. Harriet shares how she transformed the informal business by introducing corporate structures such as inventory management, branding, communication, social media marketing, and delivery services, ensuring that tradition meets modern efficiency. She also opens up about navigating conflicts within the informal sector and offers practical strategies for sustaining a family business legacy. Her advice to family business owners in the informal sector? Learn, reinvent, and innovate, because even the most traditional businesses must evolve to meet the expectations of a new generation of customers.

Watch the visual version of the episode on YouTube. https://youtu.be/zYrGtrXKlds

In this heartfelt episode of Family Business Diaries, Mary sits down with Mr. Samuel Patrick Oduro, founder of Universal Hospitals Group, and his daughter, Neena Oduro, Chief Operating Officer of the company. Together, they share their journey of building and sustaining their family business legacy.

From Mr. Oduro’s advice to involve the next generation in the business early to Neena’s call for open-mindedness and adaptability among next-gens, this conversation dives into trust, lessons learnt, and navigating generational transitions.

They candidly reflect on their regrets, corrections, and the core principles that have driven the success of Universal Hospitals Group. Whether you’re a founder or next-gen in a family business, this episode is packed with actionable insights for creating a sustainable legacy.

Watch the visual version of the episode. https://youtu.be/ebTW_46z60U