Page 18 - CMA PROfiles Spring 2020
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ASSOCIATE OF THE QUARTER: COLONIAL SAW







                                                                           CELEBRATING A

                                                                           MILESTONE





                                                                           In 2019, Colonial Saw was proud to take part
                                                                           in the celebration marking Lamello’s 50th
                                                                           anniversary.
        When family members can carve out their own territory and          The celebration in Switzerland included
        have mutual respect, it goes a long way toward creating a          dealers from around the world, alumni of the
        dynamic where everyone can contribute without stepping on          company, and Steiner family members, says
        each other’s toes.                                                 Rakauskas, who attended the event with his
        Rakauskas believes it helps that there are only two family         wife, Kim.
        members working together to run Colonial Saw. His wife is an       “They invented the biscuit joiner, and we
        only child, but some family businesses have multiple siblings in   introduced it to America,” he says. “It’s their
        each generation, and with more family cooks in the kitchen, so     milestone, but there’s so much history and
        to speak, the dynamic can get more complicated. While there        respect for each other that we did feel like
        are always some differences in viewpoint from one generation       it was our anniversary, too. There’s a lot of
        to the next, he says Colonial Saw’s family team has worked         pride in the invention of the biscuit.” A bit of
        together well.                                                     trivia: Colonial Saw worked to get the biscuit

        Tip #2: In a family business, it’s especially helpful to maintain   into the Museum of Modern Art in New York
        a strong skillset and remind yourself regularly that you can       City, something Lamello Switzerland is very
        choose to go and work elsewhere if you ever decide a change        proud of, Rakauskas says.
        makes sense. This mindset can prevent tension from building up,    “We’re all proud of the history, but neither
        Rakauskas says.                                                    of us is sitting back and relying on that for
        Finally, Rakauskas has strong opinions about how to bring the      the future,” he points out. “Those guys are
        next generation into a family business. He and his wife have       constantly innovating, and we’re keeping up
        three children — two in college and one in high school – and he    with the times in terms of marketing, social
        has given them some heartfelt career advice.                       media and technology.”

        "Figure out what you want to do, go to school, and go work         Colonial Saw’s relationship with the CMA
        somewhere else for five years," he has told them, "and if you go   fits in well with its efforts to keep spreading
        become a doctor or you get a job at Boeing, and you love that      the word about Lamello and Striebig to
        and you want to stay there forever, great. If you do come here, at   American woodworkers.
        least you’ve gone out and seen something else – and you’ll bring   “The opportunity to network with
        valuable experience.”                                              customers and potential customers is

        Taking this approach with your kids is not easy, he acknowledges.  valuable,” Rakauskas says. “Our two
                                                                           products are popular with smaller shops,
        “Good employees are tough to come by,” Rakauskas says. “A
        lot of our customers are small, family-owned businesses and if     and being an active Associate member also
        your kids are sharp and show some promise, you think ‘Wow, I’d     provides a chance for us to give back to the
        actually love to have them here. They could take over sales or     industry and support small shop education
        tech or accounting, and it would make my life so much easier.’     and growth.”
        But I believe that business owners need to avoid the temptation
        to pull them in early. Let them explore and learn first.”

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