Michael Kiolbassa is CEO of San Antonio-based Kiolbassa Provision Company which was started by his grandfather 75 years ago.
The company makes hand-crafted smoked sausages and bacon and has become the #2 beef sausage brand in the U.S. But the road has not been easy. In fact, each generation has had to reinvent the business in their own way to keep it moving forward.
Michael shares some of the principles and strategies that he and his family have adopted over the years which, in our experience, are common among successful enterprising families.
In the episode we will learn:
(2:22) – How did the Kiolbassa Provision Company begin?
(5:20) – How did Michael find his way into the family business?
(7:33) – How did Michael’s experience as a credit analyst help him find his footing in the company?
(9:55) – How did the company evolve when Michael came on board?
(13:41) – What did Michael do to address the challenges facing the business
(16:21) - What values are important to Michael both in business and personally?
(19:01) – What is Michael doing to prepare the company for the next generation?
(22:11) – What advice does Michael have for young entrepreneurs?
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