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Only about a third of family businesses make it to a second generation beyond the founder.  Conventional wisdom says that these firms falter because the owners didn’t have a succession Read More...

Category: Theory and Research

Authors: James Hoffman , Ritch Sorenson and Keith Brigham

It is well-known that only a small fraction of startups achieve long-lasting success. They often fail not because their idea is poor but because of problems executing on their idea. One area that is Read More...

Category: Theory and Research

Authors: Chuck Sacco and Aasim Sani

Nothing turns an entrepreneur’s head faster than a glittering opportunity and the chance to pursue it with laser-like focus. But after the launch, when the novelty wears off and the day-to-day Read More...

Category: Theory and Research

Authors: Keith Brigham , Ritch Sorenson and James Hoffman

Much has been said about the importance of “job creators,” mainly small and medium-sized startups and businesses, as engines of economic growth. Far less has been said about the thinking Read More...

Category: Theory and Research

Authors: Keith Brigham , Ron Mitchell and Jeff Stambaugh