Leadership

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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 Read More...

Category: Theory and Research

Authors: James Hoffman , Ritch Sorenson and Keith Brigham

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 Read More...

Category: Applied and Practice

Author: Thomas Zellweger

Founderitis: A Silent Killer of Startups

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

Does it Matter if an Entrepreneur is Coachable?

Many venture capital firms, business accelerators and other investors see the strength of the founding team as an important predictor of whether their investment will pay off.  No wonder that Read More...

Category: Applied and Practice

Authors: Kevin Bryan and András Tilcsik

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 Read More...

Category: Applied and Practice

Authors: Salvatore Tomaselli and Danilo Maurici

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 Read More...

Category: Applied and Practice

Authors: Emanuela Rondi , Alfredo De Massis and Josip Kotlar

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 Read More...

Category: Features

Author: Alauna Yust

How to Bridge Generations in a Family Business

(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 .) Read More...

Category: Features

Author: Jessica Thiefels

The 5 Money Mistakes That Blindside Entrepreneurs

Whether you are starting a family business or inheriting one, managing finances strategically helps protects both the business and the family.  Yet many entrepreneurs start a business without Read More...

Category: Interviews

Author: Kimberly Eddleston

Businesses Named After Founders Enjoy Greater Returns

By Sharon Belanzon, Aaron K. Chatterji and Brendan Daley Business history is filled with legendary companies named for their founders: Hewlett-Packard, Procter & Gamble, Johnson & Johnson, Read More...

Category: Applied and Practice

Author: Sharon Belenzon