June, 2021
//June 23, 2021 - Issue #33








Many restaurants were forced to close during the pandemic, but food trucks -- many of them family-run -- found a way to keep rolling, as this New York Times article points out.
When parents openly display fear of failing, it can unintentionally portray entrepreneurship as unsafe, undesirable, or even shameful. This doesn't help their successors or the business. Read more...
The best processes and systems come not from outside advisers and experts, but from how families actually live, relate to one another, and make decisions. Read more...
While professional non-family leadership may bring some advantages, the stability brought by family leaders may encourage employees to innovate without fear of failure. Read more...
When a family member struggles with addiction, the consequences can ripple throughout the firm and increase its risks. Read more...

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Supported by the Richard M Schulze Family Foundation