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Wealth Can be Hazardous to Future Family Business Leaders

  Preparing the next generation for leadership is an important mission for family businesses. But all too often, the comfortable lifestyle that family wealth makes possible does not do the Read More...

Category: Interviews

Author: Kimberly Eddleston

The Biggest Mistakes Family Businesses Make With Their Boards

Family business researcher, lecturer, and advisor Claudia Binz Astrachan has studied first-hand how effective boards of directors steer family business management towards strategies that make the Read More...

Category: Interviews

Author: Kimberly Eddleston

Advice for Family Business Successors: Be Humble and Curious

  David Bentall found out the hard way that his leadership of his family's construction and real estate firm wasn't working: his own uncle removed him from the company. Losing his job was a Read More...

Category: Interviews

Author: Kimberly Eddleston

The Family Business 'Generation Gap' Can Undermine Success

The upcoming generation of family firm leaders often don't see things the same way as their parents and grandparents do. Professor Peter Jaskiewicz has explored this disconnect deeply in his new book Read More...

Category: Interviews

Author: Kimberly Eddleston

Should Your Next CEO be From Outside the Family?

In her discussion with Matt Nielsen of Nielsen-Massey Vanillas International, Editor Kimberly Eddleston goes into a sensitive topic for many family firms: whether an outside leader is better equipped Read More...

Category: Interviews

Author: Kimberly Eddleston

Non-Family Board Members Bring Perspective and Growth

  What happens at a family firm with shared ownership and leadership? Matt Nielsen, Managing Director of Nielsen-Massey Vanillas International Europe, is candid about the disagreements and Read More...

Category: Interviews

Author: Kimberly Eddleston

Growing Pains? Advice to Recharge and Sustain Growth

Over time, family firms often experience growing pains. The growth of their business may outpace their infrastructure and processes, or their infrastructure and processes may be stifling their Read More...

Category: Interviews

Author: Kimberly Eddleston

From Startup to Midsized Company: Managing the Growing Pains

  With a great product, smart strategy and lots of hard work, a startup can mature into a midsized company, defined as a firm with between $10 million and $1 billion in revenue. This stage is Read More...

Category: Interviews

Author: Kimberly Eddleston

How the Next Generation Can Earn Legitimacy, Respect and Loyalty

Handing off the leadership of a family business is never easy, especially when the heir is viewed as entitled to the crown, rather than deserving of it. This interview with Robert Buday, author of Read More...

Category: Interviews

Author: Kimberly Eddleston

Family Firm Values Start at an Early Age

In her third interview with Familybusiness.org, Mitzi Perdue shares strategies from her book entitled, " How to Communicate Values to Children So They'll Love It ." Values, as she points out, help Read More...

Category: Interviews

Author: Kimberly Eddleston