Tabatha Coffey's Advice For Starting a Family Business
Bravo TV host Tabatha Coffey knows there are a lot of nuances involved in starting a family business.
“I think it’s definitely hard to be in business with your family because of the emotion,” she told Cheddar in an interview. “They’re always going to be family. There’s always going to be family dinners and birthdays and celebrations and events that you have to share with them, so you have to work harder to get through. But I think it can be incredibly rewarding. ”
Coffey, who advises family businesses on her new show “Relative Success with Tabatha,” says that a strong foundation and proper planning will help ease the struggles.
“The family dynamic, you have to move through it, and you have to move through it before you get into the business,” Coffey said. “Make sure the roles are really clear, what everyone is going to be responsible for, so that they’re not just waiting around for another family member to come and clean-up behind them.”
“Relative Success with Tabatha” airs on Bravo at 10 pm ET.
For the full interview, [click here](https://cheddar.com/videos/tabatha-coffeys-back-in-business-on-bravo).
One month after its launch, new streaming venture CNN+ announced it was shutting down. Seth Schachner, the managing director of StratAmericas and digital business executive, joined Cheddar News to talk about the high-profile media flop. "That's a really, really different beast than what HBO Max is, which is video streaming, entertainment features," he said. “It's a tough sell when you really look at these things in the cold light of day as to whether or not they actually fit together."
Meta wants creators to make money from the metaverse, but it's going to take a large chunk of the cut. The tech giant is planning to keep nearly 50% of all digital asset sales within Horizon Worlds, the virtual reality platform that's considered an integral part of the company's unfolding metaverse. Rolf Illenberger, Co-founder and Managing Director of VRdirect, joined Cheddar to discuss why Meta is taking heat for this move, and what it could be doing as an alternative to help support creators, small businesses, and consumers.
Grayscale recently launched its Future of Finance ETF ($GFOF) for investors to benefit from innovative businesses that it sees as critical to building the digital economy. CEO Michael Sonnenshein joined Cheddar to discuss the fund, companies making the most impact, and ways in which investors can expand holdings in the digital economy. “When we think about how investors should be building out their portfolios, we felt that there was a really important opportunity to also provide investors with access to the broadly defined digital economy, really, that confluence between technology and finance," he said.
Al Root, Senior Writer at Barron's, discusses possible scenarios if a Twitter buyout deal goes through and what a takeover means for the future of the social media platform.