A FAMILY MATTER 

Understanding family business relationships

In order to run a successful family business, having a proper governance structure, high profits, and global brand recognition is not enough; none of these things matter once relationships between family members turn sour and conflict rears its ugly head. 

 ADDITIONAL READING 

Family Relationships Articles

The True Meaning of Next Gen Success

From Entitlement to Mindfulness – The Journey of Vincent Valeri

Interview with Vincent Valeri, founder of Vedaera Being born into a family business can feel like one’s life path is already laid out. To some that feeling is a great burden of responsibility, to others,...
[Podcast] The Science of Happiness In Family and Business

[Podcast] The Science of Happiness In Family and Business

The quest to discover the secret to happiness has been one which has preoccupied mankind since the dawn of recorded time. Aristotle and the ancient Greeks discussed happiness at length, and the American founding...

Lifeway Foods: From Home-Based Business to International Success

Some people dream of one day taking the helm of their family business and long for the day they get to sit in the CEO’s chair. For Lifeway Foods President and CEO Julie Smolyansky,...

Collective Responsibility in a Family Owned Business

Photo by rawpixel.com from PexelsCommunication is the most important currency for Family Owned Businesses(FOB). In families where this is done right, entrepreneurship can last for generations and leave a lasting legacy behind. Communication is...

The Violent Family Feud That Nearly Destroyed the Gucci Empire

In the recorded history of business, there are family feuds, bad family feuds, and then there is the story of the Gucci family. Their saga turned out to be a textbook example of how...