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Will Your In-Laws Help or Hurt Your Family Business?
We’ve seen the remarkable impact of in-laws on famous family businesses, for better or worse. Examples include the infamous Gucci family feud between Maurizio Gucci and his wife Patrizia Reggiani,
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Category:
Research Insight
The Paradox of Choice: Wealth's Impact on Family Potential
The book The Paradox of Choice , written by Barry Schwartz and first published in 2004, posits that people, in general, suffer a loss of happiness because we have too much choice in everything we
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Category:
Practice Insight
Author:
Doug Baumoel
Founders: Let Next-Gens be Entrepreneurial
A family firm's longevity depends on fresh approaches to doing business, but all too often these fresh insights can clash with the family's entrenched way of doing things. Founders especially
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Category:
Interviews
Author:
Kimberly Eddleston
5 Ways to Keep Your Kids From Fighting Over Your Will
It is your worst nightmare. You’ve passed away, and now your adult children no longer speak to each other. Circumstances around your death have destroyed the family you spent your life building. As
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Category:
Features
Author:
Patrick O'Brien
Do Family Meals Fuel Entrepreneurship in Family Businesses?
Should families talk about their business during mealtime? On the one hand, some argue that mealtime should be about the family, with time being devoted to building family bonds and personal
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Category:
Research Insight
Author:
Kimberly Eddleston
This video, also available as a podcast, explores how entrepreneurs, family businesses, startups and others can tap into artificial intelligence to digitize parts of their business and legacy,
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Category:
Interviews
Author:
Mat Hughes
Helicopter Parenting Can Hurt Future Family Business Leaders
The founders of many longstanding family businesses likely had parents who insisted on responsibility and let them learn from their mistakes. This is not so today -- the era of helicopter parenting,
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Category:
Commentary
Author:
Kimberly Eddleston
The family often has a strong influence on whether or not someone becomes an entrepreneur. Because they shape values, education, and experiences, families are often referred to as the "oxygen that
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Category:
Research Insight
Author:
Kimberly Eddleston
Family Offices: The Sober Guardians of Family Wealth
Family businesses, and the wealth they create, are run by human beings, who can be impulsive. When the wealth is substantial, often an impartial third party is the best choice to manage this wealth
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Category:
Interviews
Author:
Kimberly Eddleston
Why Don't You Educate Your Owners?
We yet have to meet a business family that does not want their family members to be competent and engaged owners and stewards. Everyone agrees that having owners who understand finance and strategy,
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Category:
Applied and Practice
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