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Surprising reasons owners exit family businesses
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
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Category:
Theory and Research
Understand Your Family Firm's Core Strengths and Weaknesses
It's been said that, “Once you have seen one family firm, you have seen just one family firm.” While it’s popular to say that every family firm is unique, as a researcher I take issue with the
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Category:
Applied and Practice
Author:
Thomas Zellweger
A 2020 Re-Boot for Your Business
It's worth noting that "2020" is also a metaphor for clear vision -- something that all family businesses want but often find elusive when day-to-day challenges interfere. As 2019 ends and the new
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Category:
Commentary
Native American Entrepreneurship is Expanding
This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange . Part of the
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Category:
Features
Author:
Chris Farrell
Following Your Second-Act Dreams When the World Says Don't
(This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX .) Second-act entrepreneurship is a certifiable trend,
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Category:
Features
Author:
Chris Farrell
How Gamification Can Help Family Businesses
Conceptualization that is induced by the play (Kolb & Kolb. 2005). This study echoes the thesis of John Dewey (1916), one of the most influential thinkers in educational theory in the 20th
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Category:
Applied and Practice
Women: Prepare to Lead Your Family Firm
If you're reading this article, you may want to lead your family business someday but have not yet taken control of the direction your career is heading. Or perhaps you are experiencing some of
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Category:
Commentary
Unlocking the Innovation Potential of Family Firms: An Assessment Tool
When it comes to innovation, family firms often are trapped in an “ability–willingness paradox”: the superior ability to innovate is unrealized because of fear of innovation. Our research 1
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Category:
Applied and Practice
Trust Your Mentors, and Your Gut
Bernette Dawson named her line of skin care products "Made Organics," which stands for "Mother Approved Daily Essentials." The idea for the business was born after Dawson's son developed a skin
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Category:
Commentary
Author:
Kimberly Eddleston
Hyannis Country Garden is a Family Business With Deep Roots
This feature and video are part of America’s Entrepreneurs: Making it Work , a Rewire initiative made possible by the Richard M. Schulze Family Foundation and EIX, the
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Category:
Features
Author:
Alauna Yust
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