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How To Know When You Need a Lawyer (and How To Find the Right One)

A risk-reward dynamic any entrepreneur must learn to balance is deciding when your firm needs a lawyer. Had Personal Software filed a patent on its app Visicalc, for example, Visicalc would today Read More...

Category: Commentary

Author: Dustin Slade

Self-Interest Can Skew Budgets at Family Businesses

Part 1 of a two-part series Are you familiar with any of the following scenarios? “My business unit leaders never set realistic budgets, I have to push them and prod them to get growth—did I hire Read More...

Category: Practice Insight

Author: Joseph Astrachan

Jumping Off the Corporate Ladder to Fulfill a Dream

As a young girl growing up in Valley Stream, New York, Lori Thomson dreamed of someday opening her own business. "I always wanted to build something for myself," she says. "Although at the time I Read More...

Category: Features

Author: Nancy Collamer

New YouTube Series: One Minute of Wisdom for Busy Entrepreneurs

Not everyone has time to keep up with the best thinking on founding, funding, or growing a startup, especially if they have just launched a business or  if they have a day job . That is why EIX Read More...

Category: Commentary

Author: John Buday

Small Businesses and the Social Fabric of Urban Neighborhoods

In the bustling landscapes of our cities, small businesses play an important economic role. But their impact extends beyond economic activities. In many cities, small businesses are vibrant pillars Read More...

Category: Research Insight

Authors: Chris Danner , Abdifatah Ali , Daniel Forbes and Garrett Steede

Why Prominent Business Families Dive Into Politics

Across the world --  from Italy's Berlusconi, to the US’s Kennedy family, to Chile's Matte -- wealthy business families have not only been part of the economic elite but are also political Read More...

Category: Research Insight

Author: Marcelo Ortiz M.

The ABCs of Creating an Innovative Company

EDITOR'S NOTE: Many entrepreneurs struggle to define innovation: whether it’s a product or a process; a radical or gradual change; and even a threat or an opportunity. However, in a world where AI Read More...

Category: Commentary

Author: Steve Wunker

A Secret to Success: Family Business Centers

While family members running a business together often lean on one another for advice, they can often learn best from people running other family businesses.  Family business centers around the Read More...

Category: Interviews

Author: Kimberly Eddleston

Authenticity Lessons From the Craft Beer Industry

From ancient Mesopotamia through the onset of the Industrial Revolution, craft-based industries have been a path to prosperity. Today, craft-based ventures attract a growing number of consumers who Read More...

Category: Research Insight

Authors: Stanislav Dobrev and Cameron Verhaal

Attitudes Towards Money Can Cloud Family Business Decisions

In our work with business families, we encounter a wide range of approaches for establishing financial targets and making financial business decisions. Interestingly, such practices often diverge Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan and Anneleen Michiels