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It's been said that, “Once you have seen one family firm, you have seen just one family firm.” While it’s popular to say that every family firm is unique, as a researcher I take issue with the Read More...
Category: Applied and Practice
Author: Thomas Zellweger
While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of anxiety and stress. Family can be the root cause of this stress -- and families who run Read More...
Category: Commentary
Author: Kimberly Eddleston
This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange .) Taking a Read More...
Category: Features
Author: Kerry Hannon
When a father, absent during the day, returns home at six, his children receive only his temperament, not his teaching. -- Robert Bly A client told me once that all a family member needed to come Read More...
Category: Commentary
Author: Robert Caldwell
For some individuals, working in a family business can be an incredible gift. For others, it's a prison without any chance of parole. For those who are feeling trapped in the family Read More...
Category: Commentary
Author: Michael Klein
In 2003 Noam Wasserman introduced the term “Paradox of Success” to describe how software company founders were more likely to be replaced as their startups attracted more capital or went Read More...
Category: Theory and Research
Authors: Jon Eckhardt , Marc Junkunc and Mingxiang Li
Joe Brito, the third-generation head of C.B. Utility Co. in Bristol, Rhode Island, started his career in the family business as a laborer. He firmly believes that anybody entering their family Read More...
Category: Commentary
Author: Kimberly Eddleston
Family businesses have unique strengths and unique problems because they blend two identities -- "family" and "business" -- whose priorities are often at odds. While the family identity nurtures Read More...
Category: Applied and Practice
Authors: Roland Kidwell and Kathryn Kloepfer
According to Benjamin Franklin, life has only two certainties, death and taxes. It would appear, however, that the business world also has its own two certainties – the growth imperative and the Read More...
Category: Commentary
Authors: Jason Pattit and Katherina Pattit
History is filled with stories about people who lament that they passed too quickly on an opportunity that later hit it big, or that stayed too long with a losing enterprise. Entrepreneurs, Read More...
Category: Research Insight
Author: Dean Shepherd