Category: Interviews

Here's Why Family Businesses Need Branding

For family businesses, branding goes well beyond logos and advertising slogans. It gets to the heart of what makes a family firm successful and admired by customers, suppliers, employees and other Read more

Help Your Family Business by Helping Others

When Katie Rucker was asked to lead a $15 million fundraiser for a local Ronald McDonald House, her twin sister Jenny Dinnen at first worried about running the family business without her co-leader. Read more

Many entrepreneurs launch a venture with great certainty, passion, and grand hopes for the future. However, at some point the dream begins to dim. They might receive negative feedback about their Read more

Let's Talk About Money -- and Trauma

For better or worse, our genetics and childhood experiences spill into our adult lives -- and in the case of family businesses, they affect how we view our family coworkers and the wealth our Read more

How Families Can Run Their Businesses With Both Head and Heart

FamilyBusiness.org Senior Editor Mat Hughes recently appeared on R. Adam Smith’s LinkedIn channel to talk about a challenge that all family businesses face: the pull between the passions and Read more

Build the Strong Family Bonds That Lead to Business Success

Strong emotional bonds between family members underpin the success of family businesses. But all too often, being emotionally or geographically distant can weaken those bonds and undermine the Read more

Generative AI Can Help Family Businesses Innovate and Grow

EDITOR'S NOTE: FamilyBusiness.org Senior Editor and EIX contributor Mat Hughes spoke with leading AI researcher and innovation expert Paavo Ritala on how new generative AI technologies like ChatGPT Read more

Generative AI technologies like Chat GPT can change knowledge work and improve business functioning, allowing us to grow the business, innovate and create wealth. FamilyBusiness.org Senior Editor and Read more

Why Family Businesses Must Mind the (Generation) Gap

Family businesses are unstoppable when they benefit from the wisdom of founders and older leaders and the forward-thinking, innovative outlook of the next generation. But all too often, these Read more

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 can Read more