Chad Felderhoff and his brother Mitch are co-owners of Muenster Milling Company, a premium pet food manufacturer located in Muenster, Texas.

Chad is a 4th generation owner of this family business, which was started in 1932. Throughout the decades this business has evolved from a flour mill to freeze dried meats, and from localized business focus into a global digital retailer.

Not all family businesses are inherited, as you'll hear. In this episode we discuss the challenges of buying a family business.