Business Brothers Podcast
Welcome To The Business Brothers Podcast
September 9, 2021
If you're a family business leader, tune in to find out why you need to be listening to this podcast. Discover how to grow your business, enhance your wealth and successfully manage family dynamics. You'll also learn how to experience TRUE personal freedom and fulfillment.
 
speaker 0 

00:00:00 

Well, welcome to our very first episode of the business brothers podcast. My name is Pradeep Sangha. We got my brother here, Harjeet Sangha. I'm super excited because this podcast is for you. If you are a business owner of a private enterprise, a partnership, or a family-owned business, we are here to help you and give you strategies, tactics, techniques, to really grow your business, enhance your wealth, and really deal with all those family dynamics that you can say most business owners and entrepreneurs deal with. But first I want to introduce my brother, Hey, harsh, how are you doing? Hello? 

 

speaker 1 

00:00:36 

Things are great here on the west coast. How are things on the east coast there? 

 

speaker 0 

00:00:40 

Great. And for those of you out there listening, my brother and I live on the opposite sides of the country country. We're actually from Canada, my brother's in British Columbia on the Western side. I'm in Ontario here. I moved out here about 11 years ago, but originally from British Columbia, both of us are born and raised in British Columbia, which is a small town, about 300 miles east of Vancouver. And so we really wanted to put this podcast together to give you guys a real insight into how to be successful in all areas of your business and in your personal life. We know it's not easy. We've been there. We grew up in a family business and a family business right now, two brothers running this advisory firm here, which is called business brothers. So we know the challenges that you're going through so hard. And you know what, I'm going to throw it over to you. And, and maybe you can tell the audience a little bit about who you are. Yeah. 

 

speaker 1 

00:01:38 

We're set for capacity for a time. We'll try to keep it short, but really like you said, we grew up in a small town and from there very humble upbringing, but also seeing the challenges of, of the family business in itself, but also the other important parts of it is that the beauty that it can bring, if, if successfully run, it can bring about a lot of benefits. So we don't want to just talk about the challenges. Also want to talk about the other side of it, the good layers of a family business. But ultimately I found myself working my way through up the corporate ladder to fully appreciate kind of what the benefits can be found through owning a family business and operated very successfully. So it can be done. And everything that I've learned from the corporate world just really wants to apply that to here. So my specialty and strengths on this side of the, of the country and the side of the table has certainly been working with clients and their businesses more on the planning side, looking at the numbers, looking at the corporate finance perspective of it, because that really has been my passion and just love to see clients meet their goals and objectives. So that really is a little bit about me, but that's kind of the passion that I bring to the table here. 

 

speaker 0 

00:02:52 

Well, I think you should maybe tell the audience as well. You know, you're just a new father, well, about a year ago, you a one-year-old and you got another one coming on the way. So you're gonna have a, you're going to have a busy life there certainly have after you, if you would ask me 15 years 

 

speaker 1 

00:03:08 

Ago where it'd be at this stage of life, I, I did think we would start a family sooner, but you know, the universe doesn't always work in a linear line and we're certainly very excited with the family that we have and certainly where our family is growing. So busy lifestyle. And I know like many other families out there you're, you're juggling many things at once, but it's a good thing. It's, it's great, it's a great opportunity to expand the family and just grow with it. 

 

speaker 0 

00:03:35 

So let me just add to that a little bit, you know, hearts and I are obviously brothers, I'm a couple of years older than him and we, we have a lot of things in that are similar. We also have a lot of differing opinions and we compliment each other. And I think that's a great thing about this podcast is we're here to give you different perspectives. So I'm going to rag on him a little bit, being an older brother, I'm also a seasoned podcaster. So I'm used to, you know, being able to say what I feel like saying, and, and, and not having anyone take offense to it. So I'm going to be pulling that out of, out of hard, share a little bit, because I like to have unfiltered conversations. I like for people to hear it straight and raw because that's what the world is about. 

 

speaker 0 

00:04:13 

Both of us actually come from the corporate world and we've been, we were originally trained to be a certain way, talk a certain way, act a little a certain way. But this podcast is, is about real life. It's about being unfiltered. It's about the challenges that you are going through and your business and in your life and how you can get past them. We will talk about everything from, okay, how do you manage your money to, how do you deal with difficult employees? How do you deal with difficult siblings? Yeah. Siblings, you know that that's an interesting one. And do you want to take over the family business? Do you not want to take over the family business, all these topics that are going through people's minds, as well as, Hey, look, you know what, maybe your relationship with your spouse, isn't going so well, how's that impacting your business or maybe on the surface, everything looks great, but maybe you're not getting any gnocchi in the bedroom. 

 

speaker 0 

00:05:01 

All of these kinds of things are relevant to real life. And that's what we're here to share with you today. As my brother mentioned, Harvey mentioned that he's got the expertise on the corporate finance side, the wealth management side, business valuations. He's a guy that is, you know, an expert on numbers and expert on planning as well as you know, what's your risk. What risks are involved when you're making the decision a versus decision B me, on the other hand, I'm also a dad. I've got two young kids. I have an eight-year-old, a six-year-old. I have an amazing wife who has been married for 10 years now. And my, my side of expertise is really around everything else in the business. And which is around the marketing, the sales, the leadership aspect, the personal performance. That's something I really focus on human optimization. 

 

speaker 0 

00:05:52 

Neuro-psychology neuroscience mindset, emotional mastery, a lot of the soft skills, the communication side. So we bring these two elements together to provide you as much value as we can. And here's what drives us to do this, or here's what drives me. And you know what? I'll let, I'll let Harjeet talk about what drives him. But I think he has a similar vision is this really started from our parents. Our parents came to Canada with next to nothing, literally $11 in their pocket. I used to say 50, but my mom corrected us on that one and said, no, it was actually $11. And all they knew how to do was work hard. They didn't have any formal Western education. In fact, my mom didn't do anything past grade five. And when they came here, all they knew how to do was work hard, but by working hard, they created a life for themselves and they created a life for us. 

 

speaker 0 

00:06:43 

They created, you know, they allowed us to go to education. They supported that. They gave us a great life. I don't think as we got older, their hearts, we really had to worry about money because mom and dad, yeah. They really sacrifice their personal happiness. Right. And what ended up happening was they got into business for themselves. They never really struggled with money per se. But my dad, you know, there was always something in his life that I could feel like he wasn't fully fulfilled. And his goal was to hit 65. That was his milestone because that's the pension age. And for him, that's a big milestone as an immigrant to come to a country and finally say, okay, I've worked my butt off. I'm going to get my pension. He was never going to stop working, but he was going to take his foot off the gas a little bit, maybe relax a little bit more. 

 

speaker 0 

00:07:32 

We were going to do family vacations together, right? Hard, your family, my family, mom, and dad, dad. We were going to go on these annual vacations. We were planning that. And then when it ended up happening was at 64 and a half, our dad had a sudden heart attack and passed away a big eye-opener for our family. It was a huge realization, a big sore spot for both of us. I know because he was only six months away from that milestone to finally pat himself on the back and say that he did it, but he never got to that point. And there's a, there's a backstory behind that because he wasn't fully fulfilled in life. He struggled with alcoholism, which you can say accelerated his diabetes, which ultimately led to his heart attack. But we see this happen a lot in people's lives, right? 

 

speaker 0 

00:08:22 

I'd like to say that this is an uncommon occurrence that people are struggling through life, but it's, it's more common than we'd like to think. And the thing that drives me is, and I think this again, I think this drives hard Jews. What if our parents had expertise or experts or advisors like us in their corner as they were going through their journey, how would their lives have been different when they were making, whether it's business decisions, wealth decisions, or maybe even family decisions or relationship decisions. Because I think their life could have been a little bit different. Could maybe dad have pulled away from the alcohol a little bit. I don't know harsh, but 

 

speaker 1 

00:09:07 

Yeah, I think there's, there's a lot of questions that come to mind. Certainly seen the challenges of your parents. You don't want to see anyone go through that. You don't want to go through it personally. So certainly without experience that lens that we have, you know, what drives me, what fulfills me is being able to help others, right? So there's very common ground there for you and myself and both for mom and dad. And that's really just serving the community, serving the people we work with. And that's where we find a lot of fulfillment enjoy. Of course, there are going to be challenged. You can never take away the hardships, but if we could share that insight, those perspectives, that knowledge with others, so that when they confront those challenges, their fears, those different dynamics, that they're better equipped. Right. And that's what ultimately drives me is my passion for helping others. 

 

speaker 0 

00:09:59 

Yeah, that's very well said. And I think that's ultimately what our parents taught us is if you want to have a fulfilling life, it really is to do more for others than you do for your, for yourselves. And that's kind of how we grew up. And that's what we're here to share in these episodes. And these episodes, you know, we're going to talk about, like I said, a variety of different topics. We will even get into the realm of spirituality, faith. We will get into giving you tools and real systems to actually use because this isn't one of those podcasts. It's going to be about rah, rah, rah, but the motivation because I believe that motivation is only short-lived. You have to have real tools. You have to have real discipline. You have to have real systems in place to actually get results. And that's what we're going to share with you throughout these episodes. 

 

speaker 0 

00:10:44 

So I'm super excited, RJ. I know you're super excited for those of you out there listening. I hope you stay tuned with us on our journey with this podcast because I know that you're going to be able to learn a lot. So I thank you. First of all, for tuning in. And the one thing that I would ask you to do before we tune out of this very first episode is to subscribe to our podcast on your favorite podcast platform. And as you listened to the episodes, we would greatly appreciate it. If you can just leave us a review, that would be huge. And before we head out of here, I just want to thank you hard. You got anything to say, bro? 

 

speaker 1 

00:11:23 

No. I just want to continue on that. You want to thank everyone for their time and, and continue to do this more 

 

speaker 0 

00:11:30 

Often. So thanks for tuning in and we'll see you next time. Take care.