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Chit Chat with Derek and Cat

Chit Chat with Derek and Cat

By: Institute for Family-Owned Business / Volk Packaging Corporation
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About this listen

🎙️ Chit Chat with Derek and Cat is your backstage pass into the world of family businesses—the challenges, the triumphs, and the real stories behind the storefronts. Each episode, Derek and Cat sit down with entrepreneurs and leaders from family-owned companies to talk shop, swap stories, and dig into what makes these businesses thrive across generations. Whether you're part of a family business, dreaming of starting one, or just love a good success story, you'll walk away with insights, laughs, and maybe a few lessons learned the hard way. Tune in and join the chit chat!Institute for Family-Owned Business / Volk Packaging Corporation Economics
Episodes
  • Episode 12: The American Dream Reimagined – Succession, Resilience, and Culture
    Jan 28 2026

    Quang Nguyen is the part-owner of Fisherman’s Net in Brunswick, Maine, and he shares his journey from Vietnam to building a thriving first-generation family business. He reflects on blending Vietnamese and Maine seafood traditions, balancing multiple ventures, supporting his community, and the importance of boundaries, legacy and succession in family-owned enterprises.

    Tune in to this episode as we explore:

    (01:50) Founding Fisherman’s Net

    (06:06) Work-free family bonding

    (08:51) How community support boosts restaurant success

    (12:09) Empowering others through business

    (14:49) Redefining the American dream

    (18:47) Learning English as a Second Language (ESL)

    (21:54) Having a legacy or exit strategy

    (23:48) Restaurant deals and community support

    Links mentioned in this episode:

    Quang Nguyen on LinkedIn

    Fisherman’s Net

    Connect with the show:

    www.fambusiness.org

    www.volkboxes.com

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    29 mins
  • Episode 11: Passing Down Success: Succession Strategies for Thriving Family Businesses
    Jan 14 2026

    Join us for a powerful conversation with Tammy Buss, a seasoned family business advisor and family business survivor, who offers rare insight into the emotional realities of transitioning a family enterprise.

    Tammy shares firsthand stories from her own journey while unpacking the complexities of succession, communication breakdowns, and generational change. From governance pitfalls to the value of early, open conversations, this episode reveals why running a family business is never as simple as it seems… and what it truly takes to navigate transition.

    Tune in to this episode as we explore:

    (00:58) The work Tammy Buss does

    (03:49) Self-employed financial services journey

    (07:35) Evolving roles in business growth

    (11:18) Three-circle model explained

    (12:55) Ownership vs active involvement

    (18:05) Cousins’ business transition decisions

    (22:21) Family business transition strategy

    (22:58) Preparing a family business for sale

    (28:12) Letting go for better leadership

    (31:22) Family business values and vision

    (32:52) Fair vs equal in family business

    (36:27) Tragedy that shaped a career

    Links mentioned in this episode:

    ‘Passing Down Your Success’ by Tammy Buss

    Tammy Buss on LinkedIn

    Connect with the show:

    www.fambusiness.org

    www.volkboxes.com

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    39 mins
  • Episode 10: Bringing in the Next Gen – DP Industries’ Transition and Lessons Learned
    Jan 7 2026

    DP Industries’ co-owner Brent Dugal takes us inside his family’s manufacturing journey – from crafting wooden flatware in the early days to delivering innovative, custom products around the world.

    Brent opens up about the realities of building a business with family, the impact of generational leadership, and why communication and a bit of thick skin matter more than you think. He also shares a glimpse into the future with emerging tech like QR codes, along with his own unexpected path from aspiring pilot to business leader.

    Tune in to this episode as we explore:

    (01:02) Brent’s work at DP Industries

    (04:16) Decline of manufacturers' reps

    (08:57) QR code on chips

    (12:08) Nephew’s career shift to Maine

    (14:09) Family dynamics and business relationships

    (18:27) Work vs family bonds

    (20:55) Prioritize outcomes over details

    (26:25) Lessons from flight instructing

    (29:42) Get in touch with Brent Dugal

    Links mentioned in this episode:

    DP Industries

    Political Orphanage – Podcast

    Connect with the show:

    www.fambusiness.org

    www.volkboxes.com

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    31 mins
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