E15: Ups and Downs After the Sale - Doug Austin, James Austin Company

Succession Stories - A podcast by Laurie Barkman

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James Austin company was a fourth generation family business without a succession plan. After 130 years, the company sold to a competitor in 2018. Laurie Barkman spoke with one of the family members, Doug Austin, about his experience before and after the sale. Two years later, the sale has been an emotional letdown. Doug shares the ups and downs about what it feels like to sell the family business.