SOURCE: Holleman Companies

October 07, 2011 14:31 ET

Family Business Succession Expert Vernon Holleman Interviews Michele V. Hagans

CHEVY CHASE, MD--(Marketwire - Oct 7, 2011) - Michele Hagans lived through a devastating loss and days later she stepped into the leadership role of her family's company. Succession expert Vernon Holleman's podcast interview with Michele Hagans of Fort Lincoln New Town Corporation explores the history of Michele's career and delves into the lessons she learned in the face of tragedy.

This interview is a perfect addition to the Holleman Business Succession Forum(SM) -- as Michele shares her experience of becoming, as she describes, the person in charge "by default" on the Monday after her father and brother tragically died in a helicopter accident. Michele helps the listener understand the dynamics of such a sudden tragedy, what she faced that first Monday, the first things she determined, the keys to her ability to succeed with such a hand, the few true friends that helped, and her decisions for continuing on in the business. Michele also drives home the importance of having adult dialogs within the family about the business and the issues at heart; she stresses communication as vitally key to success, even though that was a missing ingredient in her experience. Michele's experience will better help business owners and their family members to understand key communication and continuity issues critical to business.

A Washingtonian, Michele is the President of Fort Lincoln Realty Company, a property management company, Fort Lincoln New Town Corporation and Hagans Development Company. She is involved in civic and community organizations throughout Washington, D.C. and she sits on the Boards of numerous organizations.

Each Holleman Business Succession Forum (SM) podcast can be heard at www.hollemanco.com by clicking on the podcast icon located on the top right of the web page. Listeners can also sign up to receive an e-mail alert when each new podcast is available, or may sign-up through iTunes.

The Holleman Companies, Chevy Chase, MD, is a specialized insurance advisory firm focused on business succession, executive benefits and wealth transfer. More information is online at http://www.hollemanco.com or by contacting the firm at vernon@hollemanco.com or 301-656-8689.

Contact Information