Monday, May 28, 2012

Roads To Success 1.3

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The Manthei Family

Bring up the topic of a family business and you better be prepared for raised eyebrows, perhaps even blatant guffaws.  Sure, the Mars family has done nicely making candy (and many other products) for the world since the 1920s.  They held the title of the richest family in America until the Walton family of Wal-Mart fame displaced them.  But in spite of all that financial success the family has experienced more than its share of internal conflict including an estranged father and son, and a battle for control of the family business empire (the company has 70 divisions).

There are certainly many family-run companies that survive and thrive with all relations concerned working together harmoniously.  More prevalent are the stories of family member greed, petty struggles for power and even internal thievery committed by the brother-in-law a wife insisted would be a true asset to the company.  Yes, almost every business experiences at least one of these situations at one time or another, but imagine going through it with your son, cousin, brother, or even your mom.  Just imagine the nightmare.

The family I interviewed for a first season episode of Secrets Of Success in October 1999 falls into the “working together harmoniously” category.  Well, all of them admit that every once in a while there is a modicum of discord but most of the time they work together with productive results.  They are brothers Tom, Dan, and Tim Manthei, and their cousins – brothers Ben, Mark, and Jim Manthei.

The Mantheis are something of an unusual family - unusual because in spite of dramatically different personalities and individual perspectives, they’ve discovered the key to working together.  And they’ve worked together to effectively bring growth to their substantial company.  It’s a company built on a foundation of principles handed down by their parents.

The Manthei Corporation is headquartered in Petosky, Michigan, a resort community located in the upper mid-western region of the United States.  Most of the town’s commerce is seasonal depending on tourists attracted to the area’s lakes during the summer months, and snow mobile and skiing enthusiasts in the winter.  The Manthei Corporation, however, operates year round and includes a veneer mill, a construction company with three Ready Mix plants and gravel crushing facility, three resort parks, and a land development business.  Since their original interviews the Mantheis added two companies manufacturing concrete blocks with decorative faces, one for construction and one for the landscaping industry.

I remember the initial interviews being rather daunting.  Up to that point each of the Secrets Of Success shows had focused on a single business leader.  With the Manthei show I had six key executives to speak with, each with a unique perspective on their company.  It wasn’t easy keeping it all straight, but with all that input no detail was left from the story.

© 2012 Philip Kassel

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