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Latest / Your Next Gen Friend: A Successor's Guide to Business Transition

The Emotional Side of Succession: How Mitch Gambert Navigated a Third-Generation Handoff

What really happens when the business you’re buying belongs to your parents — and everyone has an opinion about what’s “fair”?

Today’s episode dives into the emotional, operational, and relational reality of third-generation succession with Mitch Gambert, the new owner of Gambert Shirts, a legacy American shirtmaker in Newark, NJ.

If you’re in the thick of a transition — managing expectations, navigating sibling fairness, or trying to separate family identity from business decisions — this episode will feel like a deep exhale.

Mitch shares candidly about the years-long process of structuring…

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