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Reducing conflict and strengthening business performance may be as important as succession planning when preparing for a leadership transition. Only about a third of family businesses make it to a Read more |
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By Steve Blank on Thu Dec 05 2019
EDITOR’S NOTE: Steve Blank, who has founded or co-founded eight startups, is best known as the Father of Modern Entrepreneurship and is credited with launching the Lean Startup movement, which for Read more |
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Family businesses can innovate more effectively when their appetite for risk and tradition aligns with family cohesion and the diversity of family goals. When it comes to innovation, family firms Read more |
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By Alauna Yust on Fri Aug 23 2019
Stronger procedures and financial discipline helped Hyannis Country Garden improve performance while preserving the trust and support of family members. This feature and video are part of America’s Read more |
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By Sharon Belenzon on Mon Apr 29 2019
Research on 1.8 million firms suggests businesses named after their owners may gain a performance advantage while putting the founders' reputation at greater risk. What's in a name? For many Read more |
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By Whitney Peake on Thu May 17 2018
Strong family business boards use competency-based selection, outside directors, diverse skills and limited family representation to improve governance. It's important that current or future members Read more |
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By Michael Morris and April Spivack on Mon Apr 02 2018
Entrepreneurs usually understand that profit is important. But many are less consciously aware of the actual model by which they will (or will not) make money in their ventures. Many have a gut feel, Read more |
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By Dave Feldman on Thu Sep 21 2017
Entrepreneurs and business leaders are blessed and cursed with thinking about their businesses 24 hours a day. It becomes their life focus. What is it that consumes them? Bottom line? Employee Read more |
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By David Hsu on Mon Aug 07 2017
Prestigious VCs can offer networks, referrals, management advice and credibility that founders may value more than a higher valuation alone. New venture capital firms must make a variety of strategic Read more |
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Diverse teams perform better in competitive markets, while technically focused teams can excel when innovation and cooperation with incumbents matter most. Entrepreneurs who want to turn a great idea Read more |
